Apriso Announces Record Client Growth and Revenues for 2001.Business Editors & High-Tech Writers LONG BEACH, Calif.--(BUSINESS WIRE)--June 3, 2002 Apriso Corporation today reports record revenues for the year ending December 31st, 2001. Total revenue grew 9% over the previous year to USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 22.8 million. License and hardware revenue for 2001 was USD 11.6 million, a 9.5% increase over 2000, while services revenue was USD 11.2 million, a 7.5% increase. "Fiscal 2001 was a challenging year for our clients and Apriso. Our revenue results reflect continuing global demand for our products and services, plus our ability to assist clients in generating rapid ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). and productivity improvements in their operations," reports Adam Bartkowski, Apriso's President and Chief Executive Officer. Strong Customer Growth Apriso added 43 new clients and installed over 111 sites. The 111 new sites represents a 108% increase over 2000. Apriso won business from many of the world's premier business enterprises, including General Motors, Honeywell, Microsoft, Siemens, ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s , International Paper, Merck, Steelcase, LGE LGE LG Electronics LGE Local Government Employers (UK) LGE Laser Guided Energy LGE Louisville Gas & Electric LGE Loop or Ground-start, Exchange (Newbridge) and British American Tobacco British American Tobacco Plc (LSE: BATS, AMEX: BTI, KLSE: BAT) is the second largest listed tobacco company in the world. It is based in London, England and is a constituent of the FTSE 100 Index with a market capitalisation of over £29 billion as of June 2005. . "Our clients represent the global leaders in each of their markets, and we are very pleased with their selection of Apriso as a key supplier for their supply chain execution applications," states Nelson Nones, Apriso's Senior Director of Product Management. Growing International Market Apriso's three-year investment in the international market was rewarded with strong returns in 2001. International revenues grew by 41%. As of December 2001, Apriso now has subsidiaries in 12 countries, and supports client sites in 47 countries. Today, nearly 30% of Apriso sales are from outside North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Strong international demand allowed Apriso to open offices in Malaysia, Japan, and the United Kingdom. Innovative Technology Apriso continues to update our product family with new technology to provide the utmost benefits to our clients. We were an early adopter in the use of Microsoft .Net(R) and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. collaborate technology in 2001. An example of our XML initiative is the deployment of one of the world's largest Microsoft(R) BizTalk Server(R) collaborative business networks. In just nine months, our staff linked 84 sites into a global system that runs a multi-billion-dollar produce-on-demand software business. In addition, Apriso successfully deployed Web services and workflow technology as the foundation for our new FlexNet(TM) product family. "This new technology allows our customers to dynamically configure and easily link our FlexNet(TM) collaborative manufacturing applications to the world's leading enterprise applications," says Chris Will, Apriso's Vice President of Development. About Apriso Apriso(R) is a worldwide provider of collaborative manufacturing, logistics and supply chain execution systems with fiscal year 2001 revenue of USD 23 million. The company's principal product, FlexNet(TM), is sold to the industrial sector, including aerospace, apparel, automotive, chemicals, consumer products, electronics, industrial machinery, medical devices, metals, pharmaceuticals, printing, pulp and paper industries. FlexNet software, the world's first and only collaborative manufacturing and supply chain execution platform, consists of over 24 dynamic Web services applications that complement customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), supply-chain management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. ) and electronic commerce systems. FlexNet applications support corporate globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation , standardization and lean manufacturing initiatives while minimizing inventories, cutting costs, and providing real time visibility and total coordination of production and logistics tasks as they occur. For further information, visit the company's web site at www.apriso.com. |
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