CALGARY, Alberta–June 15, 2007–SMART Technologies Inc. announces its global installed base of 650,000 SMART Board? interactive whiteboards. A recently released report from Decision Tree Consulting (DTC), an industry-leading UK research company that has been documenting interactive whiteboard sales for seven years, states that the global installed base for all manufacturers is estimated to be 1,000,000 units as at December 31, 2006. This figure results in SMART´s market share being estimated at approximately 65 percent of sales worldwide. SMART, a privately owned company, has had a cumulative annual growth rate of 26 percent over five years, and 41 percent over 10 years. It has led the market segment since it introduced the world´s first interactive whiteboard in 1991.
Last year, SMART surpassed CDN$1 billion dollars in cumulative sales and outfitted over 500,000 classrooms, meeting rooms and training rooms worldwide with SMART Board interactive whiteboards. The greatest demand for interactive whiteboards to date has come from educators. Education authorities around the world, including those in the UK, the United States and Australia, are adopting interactive whiteboards to improve student learning and help students develop skills that are vital for a 21st-century, global workforce. Many school jurisdictions have standardized on SMART Board interactive whiteboards because they enhance teacher productivity and improve student achievement. More than 15 million students in over 100 countries are actively learning with SMART products in their classrooms. SMART products are in 82 percent of the top 500 school districts in the United States. DTC forecasts that the interactive whiteboard market segment will increase three-fold in the next five years and predicts that one in seven classrooms will have an interactive whiteboard by 2010.
"SMART´s acceptance in the market reflects a deep commitment to understanding our customers´ needs," says Nancy Knowlton, SMART´s CEO. "Regardless of the geography, rate of adoption or vertical market, we strive to set standards of innovation, quality, service and excellence that make SMART the leading choice."
A brief history of the SMART Board interactive whiteboard
Twenty-one years ago, SMART´s executive chairman and co-founder, David Martin, conceptualized the SMART Board interactive whiteboard–the first and most widely installed interactive whiteboard in the world. In 1991, the first generation of the SMART Board interactive whiteboard was introduced. Currently in its sixth generation, the SMART Board interactive whiteboard line has expanding to include larger models and models integrated with projectors and other tools. SMART´s focus has expanded to include a variety of supporting hardware and software to create complete classroom and meeting room solutions.
Today, SMART is recognized worldwide as an innovator of award-winning products and software for customers who meet, teach, train and present.
SMART Technologies Inc. is the industry pioneer and a global leader in user-friendly interactive whiteboards and other group collaboration tools. SMART products include the line of award-winning SMART Board interactive whiteboards, and the Senteo? interactive response system, Sympodium? interactive pen display, AirLiner? wireless slate, Actalyst? interactive overlay, Bridgit? conferencing software and other software. SMART products are designed to meet the requirements of today´s education, corporate, government and military environments, and are sold in more than 100 countries around the world. Education customers include the New York City Board of Education (U.S.), Oxford University (UK), Kobe City Board of Education (Japan), Barnier Public School (Australia), University of Ottawa (Canada), United World College (Singapore), Stephen-Hawking-Schule Neckargemuend (Germany) and Harvard University (U.S.). Corporate, military and government customers include Hewlett-Packard, Microsoft® Corporation, Bell Canada, NASA, U.S. Department of Defense, British Telecom, Cisco Systems, Procter & Gamble and the World Bank.
SMART is a private company founded in 1987. Employing more than 1,000 people, SMART is headquartered in Calgary, Alberta, Canada, with assembly facilities in Ontario and offices in Bonn, Tokyo, Shanghai, New York City, Chicago and Washington, DC. SMART has been issued and maintains a broad portfolio of patents with numerous U.S., Canadian and other patents pending. In 1992, SMART formed a strategic alliance with Intel® Corporation that resulted in Intel´s equity ownership in the company. SMART products are sold through resellers worldwide. To learn more about SMART, visit www.smarttech.com.