Global recruitment software provider Dillistone Systems has announced record profits for the year ended 31 December 2008.

Revenues increased by £4.1m, up 13% on 2007, while profits before tax also jumped by 19% to £1.2m and recurring revenues increased by 35% to £2.25m, representing 49% of total turnover.

Cash balances also increased by 53% to £2.4m on 2007.

Jason Starr, managing director of Dillistone Systems, says: “We are very proud of these results, achieved against a difficult economic background, and we would like to thank our clients and staff for their support.  This is also a big year for us as it has seen the launch of our new Filefinder 9 system, which features the ground-breaking ‘Research Zone’ and, again, we have been delighted by the market’s response to that.”