4Front Software International, Inc. common stock to commence trading in the NASDAQ Small Cap market.LONDON--(BUSINESS WIRE)--January 3, 1996--4Front Software International, Inc. (Nasdaq Small Cap Symbol: FFST FFST First Failure Support TechnologyFFST Fat Free Soft Tissue FFST Full and Flat Square Tube (Cathode Ray Tube design) ) today announced that effective immediately its shares of common stock will commence trading in the Nasdaq Small Cap Market. 4Front Software International, Inc. will retain its original trading symbol Trading symbol See: Ticker symbol , FFST. 4Front Software International, Inc. is a UK-based computer services Data processing (timesharing, batch processing), software development and consulting services. See service bureau, SaaS and ASP. company that provides a wide range of specialized high-end information technology solutions and services to primarily Financial Times UK Top 500 companies and government authorities. The Company provides key elements of distributed computing (1) The use of multiple computers networked throughout a wide geographical area, or the world via the Internet, in order to solve a single problem. See grid computing. (2) The use of multiple computers in an enterprise rather than one centralized system. , including systems development and integration, storage and client-server solutions and products, as well as extensive hardware and software support. The Company's customers include National Westminister Bank PLC, British Aerospace British Aerospace (BAe) was a UK aircraft and defence systems manufacturer, now part of BAE Systems. History The company was formed as a statutory corporation on April 29, 1977 as a result the Aircraft and Shipbuilding Industries Act. PLC, Oracle Corporation, British Telecom The telephone and communications carrier that provides services in Great Britain and Northern Ireland. It used to be a division of the British Post Office, but was privatized in 1984 under Margaret Thatcher's administration. PLC, Alcatel Alsthom, Royal Dutch/Shell Group, Oxford and Cambridge Universities and the British Ministry of Defense. For the third fiscal quarter ended October 31, 1995, revenues for 4Front increased 294% to $9,315,000, versus $2,366,000 reported for the comparable 1994 quarter. Net income for the recent quarter was up 66% to $165,000, versus $100,000 recorded for the comparable 1994 quarter. Earnings per share for the 1995 quarter increased 50% to $0.06, versus $0.04 per share reported for the 1994 quarter. For the nine month period ended October 31, 1995, revenues for 4Front increased 169% to $22,603,000, versus $8,394,000 reported for the comparable 1994 period. Net income for the recent period was up 94% to $470,000, versus $242,000 for the comparable 1994 period. Earnings per share for the 1995 period increased 29% to $0.18, versus $0.14 per share reported for the 1994 period. Anil J. Doshi, Chairman and Chief Executive Officer of 4Front Software International, Inc., said, "Entry into the Nasdaq Small Cap Market should greatly increase the Company's liquidity and exposure to the investment community at-large. The Nasdaq Small Cap market provides the investment community with immediate access to the best bid and ask prices of our stock and other key information about the Company's shares throughout the trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. . Furthermore, price and general information about 4Front will now be accessible from over 200,000 electronic terminals worldwide. Trading data and important Company news will also be automatically distributed through wire services for selective dissemination by periodicals and other important mediums, including radio and television." Further information regarding 4Front Software International, Inc. may be obtained by contacting Lippert/Heilshorn & Associates, Inc. at 212/838-3777. CONTACT: Lippert/Heilshorn & Associates, Inc. John Nesbett, ext. 101 Jason Thompson Jason Thompson can refer to different people:
212/838-3777 or Company Contact: Mark Ellis Mark Ellis is the name of:
4Front Software International, Inc. 011/44-1923-816266 |
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