DataArt doubles revenue in 2004

DataArt has announced 100% revenue growth, to over four million dollars, in 2004. The company attributes its success to calculated efforts in acquiring key accounts in the financial services industry, mainly asset management institutions. "We have acquired unique expertise in developing software for hedge funds. Now that the word is out, we are happy to see a very nice ripple effect in the industry", explained DataArt's President Eugene Goland.

Over 20 new companies became clients of DataArt in 2004.