HydroPoint Data Systems Announces Record-Breaking Growth in '08

The company saw more than 70 percent growth in revenue.

HydroPoint Data Systems, provider of the WeatherTRAK Smart Water Management solution, announced record-breaking growth for the year ending Dec. 31. HydroPoint saw three quarters contributing to more than 70 percent year over year growth in revenue, closing its strongest fourth quarter ever.
The company also passed a customer milestone of more than 16,000 subscribers, growing subscriber revenue 105 percent and holding extraordinary commercial subscriber retention at 95 percent.

In addition, distribution revenue increased by 95 percent year over year.

"Customer results have been the key to our success," said Paul Ciandrini, president and chief executive officer for HydroPoint Data Systems.

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