Gibbs and Associates Post Record Sales in March

April 17, 2007

Gibbs & Associates, ( the developer of GibbsCAM, software for programming CNC machine tools, announced that sales of its products and services for March exceeded the previous monthly sales records in the company’s 23 year history. The company said revenue from new seat sales, upgrades and maintenance increased considerably, continuing the substantial ramp-up in both domestic and international sales from the beginning of 2007. “Gibbs’ on-going strategic relationships with key machine tool manufacturers, such as Mazak, Mori Seiki, Matsuura, Fadal, and Doosan, continues to generate new business opportunities,” Bill Gibbs, president and founder of Gibbs and Associates,“ said in a statement on the company’s sales. The company’s March sales were posted in advance of its upcoming GibbsCAM 2007 release, which is on schedule to be available this month. The company said it also plans to release another iterationof GibbsCAM before the end of 2007.