Acta Technology Reports Strong Growth in 2001; Global Demand for Enterprise Data Integration Platform Drives 69% Revenue Growth for Europe, Middle East, Africa.Business Editors/High-Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--March 27, 2002 Acta Technology, the creator of the first data integration platform to combine batch and real-time data movement, announced today the company posted an overall 33% growth in revenues for fiscal year 2001. Acta, a privately held venture-backed company, also reported a 69% growth in revenues for Europe, Middle East and Africa. "We believe that our strong results for 2001 are proof positive that enterprises will still invest in core technologies that are essential for their long term growth even in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of IT budget cutbacks," said Carol Mills Baldwin, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Acta Technology. "In 2001 we not only added new customers but we also added new contracts with existing customers, penetrated new markets, and enhanced our data integration platform to include all enterprise data sources." Acta added 48 new Global 2000 customers in 2001 including: BAE Systems, BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , CommerzBank, DaimlerChrysler, Imperial Tobacco, Kronenbourg, Panasonic, Telstra, and Unilever. Additionally, the company cross-sold to a wide array of existing Global 2000 customers including Alcatel, Aventis, Bell, Chevron, General Electric, GlaxoSmithKline, Guinness UDV, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Nortel, and Siemens. Acta's largest multi-million dollar contract to date was signed in 2001 with Unilever, headquartered in the United Kingdom. Additional 2001 Business Highlights -- Products. Acta enhanced its data integration platform to enable Global 2000 companies to design, deploy and deliver data warehousing and integration projects from any enterprise data source -- such as PeopleSoft, J.D. Edwards, Siebel Systems, Oracle Applications, mainframe and OS/400 sources, and the leading RDBMSs -- faster and at lower cost for Business Intelligence, Customer Relationship Management, Supply Chain Management and eCommerce. -- Partnerships. Acta entered into reseller and technology-based agreements with Manugistics (Nasdaq:MANU) and Business Objects (Nasdaq:BOBJ). Acta's agreement with Manugistics, a leading provider of supply chain and revenue optimization solutions, is to integrate and resell ActaWorks, Acta's data integration and management server, as the core integration technology in Manugistics' WebConnect Integrate High Volume Edition (HVE) for large scale data transfers for application-to-application integration and data warehousing. Acta's agreement with Business Objects, the world's leading provider of business intelligence (BI) solutions, is to integrate and resell ActaWorks with the BusinessObjects(TM) APPLICATION FOUNDATION -- an analytic application framework that lets businesses quickly and easily develop powerful, integrated enterprise analytic applications. -- Awards and industry accolades. Acta received industry acknowledgement for its company's and products' excellence from the Crossroads 2001 A-List award, DM Review (DM Review Top 100), Software Magazine (Software 500) and the Silicon Valley/San Jose Business Journal (100 Fastest Growing Private Companies list). -- Funding. In the toughest funding market in over a decade, Acta raised an additional $25 million from five leading venture capital firms: Investcorp, J. & W. Seligman, Greylock Investments, Norwest Venture Partners and U.S. Venture Partners. Acta's successful funding round demonstrates that technology companies with a robust business model and strong fundamentals are attractive even in a difficult environment. "All signs are pointing to 2002 being a banner year for Acta," said Mills Baldwin. "With the economic recovery already underway, we are well poised to serve the vast number of enterprises that are looking for a standard extraction, transformation and loading See ETL. (ETL (Extract, Transform, Load) The functions performed when pulling data out of one database and placing it into another of a different type. ETL is used to migrate data, often from relational databases into decision support systems. ) vendor that has the additional capabilities required to help them solve their enterprise-wide data integration problems." According to IDC, the data integration market, which includes ETL tool usage for data warehousing and application-to-application data integration, is projected to grow at a 40% compounded annual growth rate to $4.7 billion by 2005. About Acta Technology, Inc. Acta provides the industry's first and only batch and real-time data integration platform expanding extraction, transformation, and loading (ETL) technology beyond its traditional data warehousing role to more effectively integrate business intelligence (BI), enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ), customer relationship management (CRM), supply chain management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. ), and eCommerce solutions. With Acta's highly scalable data integration software, enterprises can rapidly design and deploy data flows that provide customers, suppliers, employees, and partners with the critical information they need, faster and at lower cost. Acta's more than 230 customers include Alcatel (NYSE NYSE See: New York Stock Exchange :ALA), Chevron (NYSE:CVX), CommerzBank (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CRZBY), Hewlett-Packard (NYSE:HWP), IBM (NYSE:IBM), Monsanto (NYSE:MON), Unilever (NYSE:UL), and other leaders in the Global 2000. The company partners with leading systems integrators and enterprise software vendors including IBM Accenture (NYSE:ACN), Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA ), Manugistics (Nasdaq:MANU), PeopleSoft (Nasdaq:PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ), SAP (NYSE:SAP) and Siebel Systems (Nasdaq:SEBL SEBL Siebel Systems, Inc. (stock abbreviation, AMEX) ). Established in 1996, Acta has corporate headquarters in Mountain View, Calif., and international headquarters in London, Frankfurt, and Paris. Note to Editors: eCaches and ActaWorks are trademarks of Acta Technology, Inc. All other product and company names mentioned herein are the property of their respective owners |
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