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Thursday, June 11, 2015 5:07:59 PM
NSAV also provided updated information on the customer development metric of Pyrotree’s primary asset, Webjoint. In a statement issued through Pyrotree’s Vice President, Hilart Abrahamian, the following update was provided: “Pyrotree is pleased to report that the revenue that was generated during the month of May, 2015 was a milestone event for us, in that our revenue from our primary product, Webjoint, posted revenue gains in excess of 100% from the previous month”. In a related statement, Mr. Abrahamian continued, “Pyrotree is pleased to report that in the past 45 days, it has more than doubled the number of clients that have enrolled in Webjoint.” Mr. Abrahamian continued, “We increased the number of clients from 188, as previously reported, to 403 clients, as of yesterday’s close of business. “This is a clear indication of the strength and popularity of our product platform within our industry space, and our projections for future business development and increased revenue generation are expanding, and we remain optimistic on our short term and intermediate expectations”, said Abrahamian.
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