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Datasquirt looks to social media for FY11 growth

Datasquirt looks to social media for FY11 growth

Communication software company Datasquirt (ASX:DSQ) aims to increase revenue and build its reseller channel while eliminating monthly cash burn in FY11.

In an address to shareholders, chairman Mark Lovelys said the company expects a slight improvement in global trading conditions during the financial year.

He added that the company plans to leverage the growing emergence of social media to stimulate sales growth.

“Providing contact centres with solutions to efficiently manage social media channels along with SMS text and other non-voice media is an opportunity that Datasquirt is committed to maximising in FY11 through our newly released product offering CONTACT Social,” Lovelys said.

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Tags GuidanceMark LovelysASX:DSQsocial networkingdatasquirt

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