Systems management software provider, Integrated Research (ASX:IRI), has posted strong results for the financial year ended 30 June 2005, with solid increases in both net earnings and revenue.

Net profit after tax was $6.2 million, compared to $4.5 million in 2004, an increase of 39%. Revenue from ordinary activities for the period was $33.3 million, compared to $30.3 million in the prior year, an increase of 10%, which would have been 14% without the impact of a stronger Australian dollar, according to the company.

Steve Killelea, chairman of Integrated Research said: “The results are extremely pleasing. The improved profit, coming on top of an excellent performance last year, demonstrates the continuing strength of the PROGNOSIS suite of systems management products. The take-up in the rapidly emerging Voice over Internet Protocol (VoIP) market is especially pleasing.”

Keith Andrews, CEO of Integrated Research added: “I am pleased to report that revenue from sales of new NonStop licences have grown by 4%, and new sales in the VoIP business have grown by 153% over last year. Sales revenue in the Americas grew in US dollar terms by 24% over last year, and in Europe by 27% in GB pounds. We expect to achieve continuing growth in 2006.”

The company opened its second North American office in November 2004, in the Washington, DC area, to improve its proximity to a large sector of the prospective customer base, and strengthened its presence in Europe by opening an office in Germany.

During the year, PROGNOSIS was chosen to provide the VoIP management solution for Airbus, JP Morgan, Abercrombie and Fitch, and British Airways, and added 58 new customers, including 31 in the VoIP area, according to Integrated Research.

Integrated Research had cash in the bank at 30 June 2005 of $9.7 million, compared to $8.5 million in 2004, and is debt free.