Tecnasa expects 7% revenue growth in 2011, eyes Guatemala launch

Monday, January 3, 2011

Panamanian systems integrator Tecnasa will look to expand revenues some 7% in 2011, regional marketing manager Romy Aued told BNamericas without providing hard figures.

"The projection is in line with the expected growth for the country's economy in 2011," the executive said.

Aued was unable to comment on 2010 revenues, since the company is still closing the last quarter of the year. However, she had previously said the company expected to grow 7% above 2009 sales of US$40mn.

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Tecnasa's plans for 2011 also include launching operations in Guatemala, slated to take place during the first half of the year, she said.

The company is a Microsoft (Nasdaq: MSFT) Gold Partner, and also has partnerships with HP (NYSE: HPQ), APC, Cisco (Nasdaq: CSCO) and CommScope (NYSE: CTV), among others.

Tecnasa also has subsidiaries in El Salvador and Nicaragua, where operations were launched in 2002 and 2006, respectively, the executive added.

The company ended 2010 with some 500 active clients, and "we expect to maintain this client base during 2011," Aued said.