MARLBOROUGH, MA – Flomerics reported sales rose 24% to $27.8 million in 2006, and gross profits climbed 30% to $2.9 million, before taxes and other charges. A key factor was the company’s July acquisition of Nika. Global sales of Nika’s Engineering Fluid Dynamics software grew 33% in 2006. Excluding revenues from Nika, sales grew 13% to $25.3 million for the year. Sales of Flomerics’ Flotherm and Flo/PCB increased 11%, while revenues from MicReD were up 80%. Revenue from Flo/EMC and MicroStripes grew 4%, and Flomerics’ Flovent product’s revenue grew 24%.
 

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