FOR IMMEDIATE RELEASE
Stockholm, Sweden, 07/02/2011 – Ztorm, one of the leading B2B digital distribution service providers, today announced its key performance indicators for the fiscal year 2010 ending December 31:Number of sold products: over 560 000 units (145% increase 2009/2010) Number of consumers served: over 325 000 (148% increase 2009/2010) Brokered Sales Value: over 30 mio SEK (160% increase 2009/2010) Total Number of Ztorm Connected Retailers: 32 Total Number of Titles in Ztorm Catalogue: 8000+ Total Number of Ztorm Connected Publishers: 152 “Digital sales are massively on the rise, one could even say that the Digital Revolution is here and now. We have the facts in our systems. During 2010 we processed more than 560 000 orders to 325 000 consumers, and the new year has already started tremendously well, way above our growth expectations. Particularly for PC/Mac games and Video on Demand (VOD), consumers clearly enjoy the convenience of downloads and streaming,” says Anders Emblad, CEO of Ztorm. “Our growth last year came from existing customers which bodes even better for the new year. We have signed on numerous retailers and we will be more than doubling our customer base in the coming months, as they launch their e-stores.”
Ztorm has tripled its capacity in order to be well prepared for the coming growth and will also be rolling out new technologies during the next 6 months. “For example, our PC Game Rental module is being tested as we speak, we aim to be launching it during Q2/Q3 this year,” continues Emblad.
As it already dominates in the Nordic region, Ztorm has focused its efforts on geographical expansion in the last year and new retailers in key European markets have been signed on. “We have only scratched the surface of the global market and we are finding that our solution is extremely competitive. This, together with the growing demand from the consumers, means that the coming years should be very interesting,” says Emblad. “We will be announcing some of the new retail partnerships and new technologies in the coming weeks and months”.
For further information please contact:
Business inquiries: Anders Emblad, CEO, +46 8 5000 46 58, email@example.com
Press inquiries: Maeva Sponbergs, +46 8 5000 83 02, firstname.lastname@example.org
Ztorm is a leading service provider of digital distribution for movies, games and audio books. The company provides a full service platform, offering Publishers and Retailers a cost effective way to deliver digital goods to customers over the Internet. Ztorm's services range from fully integrated API solutions to campaign stores developed for customer loyalty programs. The services include hosting & bandwidth, DRM (copyright protection), maintenance, support, sales reporting & statistics, payment and development of customized solutions. For more information, visit http://www.ztorm.com
Ztorm’s customers include noted retailers such as: CDON.com, telia.se, telia.fi, Spaceworld.no, discshop.se, webhallen.se and Coolshop.dk.
Ztorm AB is owned, among others, by the Sixth Swedish National Pension Fund (the Sixth AP Fund). http://www.apfond6.se/en/