Chaordix Q3 Results Reflect Strong Demand for Its Crowdsourcing Solutions

Calgary, Canada, November 21, 2011 --(PR.com)-- Record Sales Growth, New Clients and Partners and Expanded Locations for Crowd IntelligenceTM Leader.

Chaordix, the global standard in crowdsourced market intelligence, announced today its strongest quarter ever, and overall successful performance results for Q3 2011.

Chaordix grew its crowdsourcing-generated revenues for the quarter, up by 193% from Q2 2011. This represents an increase of 86% in annual revenues compared to the same period a year ago.

New partnerships with FutureBrand, Genius Crowds, Intersol Group Ltd., and New Dialogues in The Netherlands, as well as continued growth in its direct client base, have contributed to this success. Chaordix crowdsourcing programs are now run in multiple languages including English, German, French, Spanish, Portuguese, Mandarin, Swedish and Bahasa.

“Our consistent strong growth in crowdsourcing projects and partnerships with new partners worldwide positions Chaordix well for continued and global market expansion,” said Shelley Kuipers, CEO of Chaordix. “The distinction between product, brand and market is quickly blurring. Companies are beginning to realize that there is a huge advantage in identifying with their consumers and other stakeholders to gain a deeper understanding of the market and brand opportunities. For these companies, the benefits of our Crowd Intelligence™ programs become obvious.”

Chaordix launched Crowd Intelligence™ which applies unique new methods of crowdsourcing and data analysis to generate new levels of rich market insight and data that would be difficult, if not impossible, to acquire through traditional research methods. With the Crowd Intelligence™ approach, our clients can simultaneously co-create new products and services, clarify the market opportunity for those new products, map out the best go-to-market strategy and understand the competitive landscape, in a far shorter time and with greater cost efficiency than with traditional R&D and market research methods.

Further highlights from Chaordix’ Q3 include new additions to the Board of Directors with the recent appointment of Carol Leaman and Ken Wilson. In addition to its Calgary head office, and Boston location, Chaordix now has offices in London and New York.

About Chaordix
Chaordix is the global standard in crowdsourced market intelligence. Chaordix uses the power of crowdsourcing to help the world's leading companies and organizations gain business insight and competitive advantage. Our Crowd Intelligence™ community solutions are helping clients such as E.ON, IBM, The Government of Ireland, Orange, P&G, and PwC leverage our unique crowdsourcing techniques and technology to drive market research, brand loyalty and innovation. Visit www.chaordix.com to find out more.

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For further information, please contact Richard Einarson Vice President, Client Services and Marketing at (403) 263-2655 - press@chaordix.com

Chaordix and Crowd Intelligence are trademarks of Chaordix Inc.
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