Strongest result ever for Applied Maths in challenging market conditions

Applied Maths realized double-digit growth figures in 2012 making it the best year ever. The consolidated revenues grew by 14% and the net result increased by 32% ending up in a net profit before taxes well above expectations. Taking into account one offs, the result even increased by 70%. With these excellent results Applied Maths confirms its sustainable growth both in financial and commercial terms.

Koen Janssens, CEO at Applied Maths comments: “We bring innovative and top-notch bio-informatics software to scientists in the world’s most famous institutes, companies, national and international agencies. Our products are used in 102 countries all over the globe. Our results have improved consistently over the years and our investments in the new 7.0 release of our prime product BioNumerics are beginning to pay off. ”

Applied Maths successfully combines the knowledge of its top-experts in Bio Sciences and ICT in a company model delivering cutting edge products and services to all of its customers. “As we continue to grow, we envisage setting up business support centers in the BRIC countries over 2013 and 2014. The importance of these countries rose with China already making up for 12% of global sales.”

About Applied Maths

Applied Maths is a bioinformatics company founded in 1992 and incorporated in 1994. Applied Maths develops and distributes software for the analysis of biological data and is globally recognized for its state-of-the-art software to analyze electrophoresis patterns and other fingerprinting techniques. The company acquired a unique market position with their new product BioNumerics, a multi-faceted platform combining databasing and analysis technologies, with numerous applications in research and diagnostics, including bacterial and viral epidemiology and profiling, plant improvement, human genetics and biotechnology.

Applied Maths combines extensive expertise in bioinformatics and unique mathematical know-how to develop the most powerful and fastest algorithms for pattern recognition and matching, data mining, screening and clustering. In so doing, the company fulfills a critical requirement in the bioinformatics industry for obtaining and analyzing greater and more complex data sets.

Applied Maths has units in Sint-Martens-Latem, Belgium including its headquarters and Austin Tx, USA.

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