Sigma Systems Achieves Record Growth in 2011

Sigma Systems, an industry leader in Advanced IP Service Fulfillment solutions, today announced record customer growth for its fiscal year ending September 30, 2011, bringing its total subscriber services pursuant to this agreement management to over 160 million for its cable and telecommunications clients worldwide.

In FY 2011, Sigma secured contract extensions with several Tier 1 operators and increased its customer reach in both domestic and international markets. The company's customer growth was fueled by the expansion of the company's sales and support presence in key international markets including North America, Latin America, Japan and Europe. As well this year, Sigma launched new OSS solutions, including the IP Video Services Accelerator and the Telco Services Accelerator, which enable cable and telecommunications companies to quickly and profitably deliver new services and realize new revenue opportunities.

Sigma's new international customer acquisitions include both cable and telecommunications companies that are faced with the challenge of provisioning new services just as IP Video, IPTV, business VoIP (Voice over Internet Protocol) and data services, SIP trunking and cloud-enabled services and applications for business and residential clients.

"We kicked off FY 2012 with our annual Evolve user conference, where we had the possibility to bring at the same time our clients, partners and top industry analysts to share their insights about the evolution of service delivery," said Spencer. "I am constantly impressed by our clients' vision and execution of their business plans and look forward to working with more operators and services providers around the world to help them seize new revenue opportunities by enabling the delivery of new services."