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Applix Named to Boston Globe 100 List for Third Straight Year.


WESTBOROUGH, Mass. -- Applix, Inc. (NasdaqGS: APLX), a leading business analytics software solutions provider, has been named to the 19th annual "Globe 100" list of top performing public companies in Massachusetts for the third consecutive year. In addition, Applix also was included in the "Growth 50" list for the second straight year.

Based upon a composite score derived from financial data for the four quarters ending December 31, 2006, Applix was ranked 50th among Massachusetts-based companies whose stock is publicly traded on NASDAQ, New York Stock Exchange or American Stock Exchange.

"Applix's inclusion in the Globe 100 and Growth 50 listings is representative of our strong growth and overall vision," said David Mahoney, Applix president and chief executive officer. "In 2006, we led our industry in revenue growth, as we increased total revenues by 41 percent, and increased license revenue by 54 percent over 2005, which was itself a record year for the company. Now, we're seeing a shift in the market toward what we call 'business analytics' -- the convergence of business intelligence and performance management solutions. Applix is the only provider of a single, complete business analytics platform, which firmly positions us moving forward for continued high levels of growth."

"The companies in the Globe 100 have distinguished themselves in not only their respective fields but among other Massachusetts businesses," said Globe business editor Shirley Leung. "This year's Globe 100 highlights the broad spectrum of both old and new Massachusetts companies, from cutting-edge sectors like biotechnology to long-standing staples like construction."

About the Globe 100

The Globe 100, now in its 19th year, ranks Massachusetts-based public companies based on financial data from the four quarters ending closest to December 31, 2006, and for corresponding quarters a year earlier. To qualify for the Globe 100, a company must have been public for the entire 2006 calendar year and have reported a positive net income for both 2005 and 2006.

About Applix

Applix (NasdaqGS: APLX) empowers agile enterprises by offering the only complete Business Analytics software solution. The Company is focused exclusively on providing a single, cohesive Performance Management and Business Intelligence solution, with strategic planning, forecasting, consolidations, reporting and analytics across financial, operational, sales and marketing, and human resources departments. The Applix platform, powered by the renowned TM1 analytics engine, reaches farther, deploys easier, and reacts faster than any business analytics solution available today. Applix and its global network of partners help 3,000 customers worldwide manage their business performance and respond proactively to the marketplace. Headquartered in Westborough, MA, Applix maintains offices in North America, Europe and Asia Pacific. For more information, please visit www.applix.com.

About the Boston Globe

The Boston Globe is wholly owned by The New York Times Company (NYSE: NYT), a leading media company with 2006 revenues of $3.3 billion, including The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, WQXR-FM and more than 30 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

Any statements in this press release about future expectations, plans and prospects for Applix, Inc., including any statements containing the words "believes," "anticipates," "plans," "expects," and similar expressions, constitute forward-looking statements. Forward-looking statements necessarily involve risks and uncertainties, and actual results could differ materially from those indicated by such forward-looking statements as a result of various important factors. Factors that could cause or contribute to such differences include without limitation, competitive pressures, changes in customer demands, adverse economic conditions, loss of key personnel, litigation, potential fluctuations in quarterly results, lengthy sales cycles, market acceptance of new or enhanced products and services, factors affecting spending by customers and other risks, uncertainties and factors including those described in the Company's most recent Form 10-K or 10-Q under the heading "Risk Factors"/"Factors That May Affect Future Results." In addition, the forward-looking statements provided by the Company in this press release represent the Company's views as of the date of this release. The Company anticipates that subsequent events and developments may cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, and these forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this release.

(c)2007 Applix, Inc. All rights reserved. Applix and TM1 are registered trademarks of Applix, Inc. All other trademarks and company names mentioned are the property of their respective owners.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:May 24, 2007
Words:770
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