Apriso Reports Record First-Quarter Revenue and Growth.Business Editors LONG BEACH, Calif.--(BUSINESS WIRE)--May 11, 2001 Bucking the global high-tech slowdown, and continuing the strong upward trend from last year, Apriso Corp. today reported record revenue and substantial growth for the quarter ended March 31, 2001. Total revenue was $7.2 million, up 83 percent from the same quarter last year and 6 percent ahead of plan. Software license and hardware revenue for the quarter was $3.7 million, up 178 percent from the same quarter last year, while services and maintenance revenue grew 33 percent, to $3.5 million. Total North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. revenue was $5.7 million, while international revenue was 1.6 million euro. Sales for the quarter were $5.0 million. Thirty-six percent of all sales came 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. . International sales of 2.0 million euro exceed plan by 10 percent. Sales represent the total value of new contractual commitments for software, hardware, services and maintenance, while revenues represent the value of software, hardware, service and maintenance deliveries to Apriso's clients during the quarter. Software license and hardware revenue accounts for 52 percent of total business during the first quarter of 2001, compared with 34 percent during the same quarter last year and 43 percent of total business during all of 2000. Apriso now wins more international business than any other developer of supply-chain execution software, fueling continued revenue growth and shielding the company from over-exposure to economies now experiencing slow or negative growth. "Our revenue growth during the first quarter was one of the best in the industry, which grew only 9 percent on average," said Adam Bartkowski, Apriso's president and chief executive officer. "Traditionally, like most software companies, our revenues are lowest during the first quarter and highest during the final quarter. "But during the first quarter of 2001, our revenues grew 4 percent over the final quarter of 2000. We're off to a quick start, which provides a positive base for the remainder of this year." About Apriso Apriso(R), formerly known as CIM (1) (Computer-Integrated Manufacturing) Integrating office/accounting functions with automated factory systems. Point of sale, billing, machine tool scheduling and supply ordering are part of CIM. Vision International(TM), is a worldwide provider of order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment , plant and warehouse automation solutions with fiscal year 2000 revenue of $21.5 million. The company's principal product, CIM+, 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 The global pulp and paper industry is dominated by North American (United States, Canada), northern European (Finland, Sweden) and East Asian countries (such as Japan). Australasia and Latin America also have significant pulp and paper industries. . CIM+ software complements major 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, and is geared toward reducing production and order fulfillment cycle times and costs through electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. partner integration, immediate decision support and automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. data collection. For further information, visit the company's Web site at www.apriso.com. |
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