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1MAGE Software Reports 1st Quarter Results.


ENGLEWOOD Englewood (ĕng`gəlwd).

1 City (1990 pop. 29,387), Arapahoe co., N central Colo., on the South Platte River, a residential and industrial suburb of Denver; inc. 1903.
, Colo.--(BUSINESS WIRE)--May 7, 1998--1MAGE Software, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ISOL) posted results for its first quarter ended March 31, 1998.

1MAGE Software reported revenue of $442,994 for the three months ended March 31, 1998 versus revenue of $531,518 for the same quarter in 1997. The company reported net income of $3,323 (or $.00 per share) for the first quarter of 1998, as compared to a net loss of ($108,516) (or $.05 per share) for the same period a year ago.

Although revenue was slightly lower in the current quarter, the components of revenue generated higher gross profit. The company's selling, general and administrative expenses were 25% lower for the first quarter of 1998, as compared to first quarter, 1997. -0-

EARNINGS RECAP
                                      Three Months Ended
                                          March 31

                                  1998                  1997
                              ___________          ____________

Revenue                     $     442,994         $     531,518
Net Income/(Loss)           $       3,323         $   (108,516)
Income/(Loss) per Share     $         .00         $       (.05)





1MAGE(r) is a comprehensive UNIX-based electronic document management and retrieval retrieval /re·triev·al/ (-tre´v'l) in psychology, the process of obtaining memory information from wherever it has been stored.

re·triev·al
n.
 (imaging) system developed for extended relational database management system relational database management system - relational database  users by 1MAGE Software, Inc. of Englewood, Colorado Englewood is a city in Arapahoe County, Colorado, USA. As of 2005, the city is estimated to have a total population of 32,350.[5] It is part of the Denver-Aurora Metropolitan Area. . 1MAGE(r) is marketed through a direct sales force and through an international network of resellers. For additional information contact 1MAGE at 303/773-1424 or: www.1mage.com.

CONTACT: 1MAGE Software, Inc.

Lynette For the Arthurian character, see .
Lynette (リネット Rinetto
 LoSasso, 303/773-1424, ext 130

llosasso@1mage.com
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 7, 1998
Words:221
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