Growing Industry Demand Results in Third Consecutive Record-Breaking Quarter for Pyxis Mobile

Increased need for rapid, cross-device mobile app development accelerates demand for company’s agile platform

Waltham, MA – August 9, 2011 – Pyxis Mobile, provider of the only cross-device mobile application development platform designed to meet customers’ constantly changing needs, today announced that Q2 2011 was its most successful quarter in company history. For the third consecutive quarter, Pyxis Mobile has posted record-breaking sales, with second quarter recurring software bookings increasing by 194 percent from the comparable period in 2010, and by 121 percent from Q1 2011.

The need for a flexible and comprehensive mobile application development platform that enables companies to rapidly build and deploy cross-device mobile applications has continued to gain momentum, allowing to further Pyxis Mobile’s worldwide expansion into new markets and industry verticals. Today’s customer base of mobile enterprises ranges from startups to Fortune 500 companies across various industries including health and life sciences, government, retail, higher education, financial services, manufacturing, automotive and transportation.

“This quarter’s success can be greatly attributed to the growing need for companies to deliver cross-device mobile applications to their customers and employees,” said Steven Levy, CEO of Pyxis Mobile. “Mobile applications are no longer a ‘nice-to-have’ but are now a ‘need-to-have,’ and using a mobile platform that enables rapid development and extensive system integration is essential to a successful mobile strategy. These requirements will continue to increase, causing the demand for our mobile platform to accelerate.

Additional contributing factors to Pyxis Mobile’s ongoing success include:

• Platform Extensibility: Pyxis Mobile continues to extend its platform through the ongoing release of new versions that deliver enhanced features and functionality. While other mobile enterprise application platform (MEAP) vendors have attempted to accomplish this through acquisitions of various software companies, the end products have proven to be too complex to be maintained by end-users. Pyxis Mobile has abstained from this methodology, and instead, continues to invest in product development in order to create the most comprehensive, full-featured, “do-it-yourself” platform on the market.
• Reinvestment in Sales and Marketing: Over the past three quarters, Pyxis Mobile has aggressively expanded its sales team to increase its presence in key markets, identify new customers, and provide enhanced service and support to the company’s existing global customer base. Additionally, the company continues to reinvest a growing percentage of its revenue into marketing efforts in order to gain visibility on a much larger scale. Through ongoing webinars, the generation of customer case studies and videos, and an upcoming mobile industry conference, the company is on path to successfully achieving its awareness goals.