Accessible Software Reports Record First Quarter Earnings.WHIPPANY, N.J.--(BUSINESS WIRE)--July 30, 1998--Accessible Software Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : "ASWE ASWE Admiralty Surface Weapons Establishment (British military research organisation) ASWE ASW Evaluator ") today announced its audited financial results for the first quarter of 1998. Revenues were a record $4.4 million. Net income of $2.7 million for this same period was also a record. Basic net income per share was $0.35 while fully diluted net income per share was $0.24. During the first quarter, Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corp. Enterprise Information Systems (a division of Lockheed Martin Corp., NYSE NYSE See: New York Stock Exchange : "LMT LMT left mentotransverse (position of fetus). ") licensed the company's Access 1(TM) suite of products. This was a barter barter: see exchange. barter Direct exchange of goods or services without the use of money or any other intervening medium of exchange. Barter is conducted either according to established rates of exchange or by bargaining. transaction not involving cash receipts. Accessible was founded in March 1995 to develop enterprise systems management solutions. Prudential Insurance Co. joined Accessible's effort to develop one logical view of data systems, storage, networks, printers, hubs, subsystems and selective applications to help maximize the overall availability of these systems and components. Accessible is continuing its development partnership with Prudential with a current focus on business impact determination and integrating consistent workflow across all problem determination and resolution disciplines. Accessible is marketing Access 1 to Fortune 1000 companies from its offices in California, Florida and New Jersey. Access 1(TM) is a suite of systems management applications designed to help MIS professionals manage a large and diverse enterprise environment. Additional information about the company and Access 1 can be obtained from Accessible's web site at www.accessiblesoftware.com. CONTACT: Accessible Software Inc., Whippany Vaughn W. Duff, 973/428-3344 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion