Synygy Continues Profitable Streak in Q1, Announces Record Levels of Sales Activity and Many Accomplishments

Chester, Pa., May 04, 2010 —Synygy Inc., the largest and most experienced provider of sales performance management (SPM) solutions, today reported positive results for the quarter ending March 31, 2010, adding to its long streak of consecutive profitable financial periods. Synygy also announced many accomplishments.

“Our sales and marketing teams have been operating at a record pace and we currently have more projects being implemented simultaneously than at any time in the nearly 20-year history of the company,” said Mark A. Stiffler, Synygy president and CEO.  “We are not only seeing growth in segments where we already have a notable presence, but we’re seeing doors open in new industry verticals and international markets.”

Since the start of the new year, Synygy has welcomed numerous million-dollar-plus clients across a very diverse range of industries, from financial services to high technology, including:

• the US business-to-business division of a large multinational retailer
• a provider of risk management solutions
• the private banking division of a major international bank
• a provider of IT hardware and software solutions
• an animal life sciences company

Other business highlights for the quarter include important accomplishments:

• Synygy received a “Positive” rating in Gartner, Inc.’s 2010 MarketScope for Sales Incentive Compensation Management Software report.
• Synygy entered into a partnership with Health Market Science to market joint sales compensation and commercial analytics solutions for the healthcare industry.
• Synygy was named to the 2010 Global Outsourcing 100® list of top service providers by the International association of Outsourcing Professionals® (IAOP®) for a second consecutive year.
• Synygy announced full integration with Oracle® CRM On Demand, launching its latest solution for managing customer relationships and sales performance.

Elevating investments in software development, sales, and marketing would seem to be an unlikely route to ongoing profitability in this challenging economic environment,” added Stiffler, “but that is exactly what we accomplished over the past couple quarters as we directed increased resources toward execution of our product development and sales strategies and significantly expanded our lead as the largest provider of SPM solutions.”