1mage Software Reports Q3 Revenue and Profit Growth.Business Editors ENGLEWOOD, Colo.--(BUSINESS WIRE)--Nov. 13, 2000 1mage mage n. A magician or sorcerer. [From Middle English mages, magicians, variant of magi; see magus.] Software Inc.(Nasdaq:ISOL), a leading provider of electronic document management and workflow automation See workflow. systems for Unix, Linux, and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. environments, today announced that its third quarter revenues and earnings were significantly improved over the third quarter last year. Sales were up 25% for the quarter, while profits improved by 19%. Revenue of $713,802 surpassed $569,689 reported for Q3 1999 by $144,113. The company attributes this gain largely to an increase in sales of software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. , which were up 60% over the same period in 1999. The company reported net income for the third quarter of $42,738, or $.01 per share. This compares to net income of $35,936, or $.02 per share for the 3rd quarter in 1999.
EARNINGS RECAP
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Qtr ended Qtr ended
9/30/00 9/30/99
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Revenue $ 713,802 $ 569,689
Income from operations 43,302 37,788
Net income 42,738 35,936
E.P.S. $.01 $.02
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Colorado-based 1mage Software Inc. is a leading provider of computer-based document management and workflow automation systems for Unix, Linux, and Windows NT environments. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , 1MAGE, converts business documents, of any origin, into electronic images and manages them throughout their lifecycle. 1mage's entire product line is marketed through a direct sales force and an international network of Value Added Resellers See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). (VARs). The company has a Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. Group that offers project management, consulting, installation, training, and image-enabling applications services. For additional information on 1mage, call 303/773-1424 or visit our web site at www.1mage.com. |
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