Marvel Technologies Posts Second Quarter 2012 Financial Results

NOVI -- The IT products and services provider Marvel Technologies Inc. announced a 73 percent increase in its second quarter revenue from the same quarter of 2011.

The company also added 11 employees, increasing the total number to 65.

As a privately held company, Marvel Technologies does not release dollar values for its revenue and profitability figures.

In the second quarter the company announced a partnership with SuccessFactors, an SAP company, as its SuccessConsulting Partner. With this strategic partnership, Marvel Technologies will provide consulting, implementation and training for SuccessFactors Business Execution (BizX) Software Suite.

"The second quarter has been very successful with strategic partnerships and newer projects," said Bala Rajaraman, Marvel CEO. "We are always looking for opportunities to align with SAP to provide the highest quality services and solutions to our joint customers."

Marvel Technologies is looking for qualified talent to fulfill several open positions. More information is available at www.marveltechus.com.

Marvel is also certified by Women's Business Enterprise National Council (WBENC). It is an SAP software solution and technology partner in the SAP PartnerEdge program and a SuccessConsulting partner with SuccessFactors, an SAP company.