NovoDynamics hires 2 in downtown Ann Arbor, plans to add more

NovoDynamics is a little coy about its current size, but the Ann Arbor-based business is not shy about expressing its growth.The downtown-based company has less than 50 employees and the occasional intern. Vague, yes. However, the firm has hired two new people this month and expects to keep filling positions throughout the rest of the year.”We have other positions we’re trying to fill,” says David Rock, president and CEO of NovoDynamics. “Those would be development and sales positions.”The 13-year-old firm specializes in software that turns paper trails into digital trails and helps translate this scanned paperwork. It has grown this business to the point where its revenue is up 10 percent in the last year, helping make the privately-held company profitable.It is launching a new product called Coronado this year. It expects this new product and more sales from both commercial businesses and government units to continue to fuel its current growth that “could easily double” the size of the company.”We expect to see some really strong growth from the release of this product,” Rock says.Source: David Rock, president and CEO of NovoDynamicsWriter: Jon Zemke