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SofTech Inc

 
Hoover's Profile: SofTech, Inc.
(OTC:SOFT)
Contact Information
SofTech, Inc.
59 Composite Way, Ste. 401
Lowell, MA 01851
MA Tel. 978-513-2700

Type: Public
On the web: http://www.softech.com
Employees: 46
Employee growth: 4.5%

SofTech has designs on product manufacturers. The company develops computer-aided design (CAD), computer-aided manufacturing (CAM), and product lifecycle management (PLM) products. SofTech's ProductCenter suite allows users to consolidate product information, automate processes such as review cycles and change orders, facilitate collaboration, and ensure regulatory compliance. The company also provides consulting, maintenance, and training services. Customers include Airbus, Volkswagen, and Whirlpool. Chairman William Johnston, the CEO of Greenleaf Companies, owns about 45% of SofTech.

Key numbers for fiscal year ending May, 2009:
Sales: $9.5M
One year growth: (6.0%)
Net income: $1.3M

Officers:
Chairman: William D. (Bill) Johnston
President: Jean J. Croteau
CFO: Amy E. McGuire

Competitors:
Autodesk
Dassault
Siemens PLM Software

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