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Freesoft expects 2006 revenue to surge by 55%

Software developer Freesoft Rt expects to boost its revenue by 55% this year, driven by growth at its U.S. unit, Napi Gazdaság reported citing CEO János Keresztesi.

Freesoft wants to boost sales to Ft 3.1 billion from last year's Ft 2 billion, Keresztesi told shareholders at a meeting. Freesoft expects EBITDA to surge to Ft 250 million from Ft 100 million. The company sees its U.S. unit contributing Ft 400 million to sales this year.