ServTrax, a leading provider of asset and support contract management solutions, announced record growth in 2016.

• A 31% growth in new customers - solution providers.

• A 23% growth in contracts under management.

• A 20% increase in the total number of assets under management.

• Our partners provided portal access to over 5,000 new end-users.

Randy Faile, Director of Sales said, "Our continued strong results in 2016 was directly attributed to a 31% growth in new partners as more and more solution providers recognize the need to deliver a comprehensive asset and support contract management solution."

Also remarking on the results, President and CEO Karl Pontius said, "In addition to new partners joining ServTrax, another key to our success in 2016 was organic growth as our existing partners continued to leverage the TRAX platform to expand relationships within their existing install base and as a market differentiator to win new customers."