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Amid economy, 3Q proves to be big for Scala

EXTON, Pa. —Scala, a provider of end-to-end solutions for the digital signage and advertising management markets, announced that it finished its third quarter, ending Sept. 30, 2008, on a high note. With September having generated the highest sales of the year and the recent announcement of a new sales and development office located in Bangalore, India, the company is making considerable progress in its ongoing, aggressive growth agenda.
The company also saw a record attendance at both its American and European Annual Connected Signage Conferences, during which it announced an exciting new release of its software that will ship before the end of the year. Among other new features and enhancements, this new release also marks the first level of integration between Scala’s industry leading digital signage product and Scala Ad Manager, the product obtained through the acquisition of MISC, now Scala Canada, in April 2008.
Despite the general economic turmoil, Scala says it is in a solid position to weather adverse conditions. In a release, the company said it has a strong balance sheet with no debt and significant working capital and reserves, is completely self-funded (which it has been since 2002) and its global network of 450 partners is positioned to take advantage of opportunities in many geographies and vertical markets as they arise.
“While none of this is any reason to sit on our laurels, it is gratifying in these challenging economic times to be able to report some good news,” said Anthony Maddalone, chief financial officer at Scala.