UK, December, 2009 Applicable, a Managed Service company providing collaboration, unified communications and social computing solutions, today announce financial results for its second  fiscal quarter ended October 2009.

Applicable started the year on a positive note with Q1 sales figures increasing by 41% year on year. Q2 performance has seen a continued and significant growth from the strong performance in Q1 driven, in part, by a number of customer upgrade projects plus the acquisition of key mid-market and Enterprise accounts in the UK and Australia.

Headline performance statistics for H1 include:

Sales from Professional Service projects in H1 have increased 37%* year on year.
Sales from Applicable’s licensing division has increased by 42%* year on year.

Whilst Applicable's core service offerings around Messaging and Advanced Collaboration (Web 2.0) have performed beyond expectations, this quarter has seen significant increases in Applicable’s Development Services driven by increased opportunities within the market for SharePoint and Lotus XPages.

The successful H1 figures are also a result of Applicable’s continued review of a changing market place with renewed focus on Business Process improvements, reducing Enterprise costs and improving workforce effectiveness.

*subject to audit