Arbortext Delivers 28% Revenue Growth in Second Quarter 2004; Increasing Market Interest in Enterprise Publishing Software Fuels 12 Consecutive Record Quarters.ANN ARBOR, Mich. -- Arbortext, Inc., the leading provider of Enterprise Publishing Software, today reported its 12th consecutive record revenue quarter ending June 30, 2004. The growing market demand for enterprise publishing software is supporting the ongoing success in the company's operational performance. Arbortext continues to develop and deliver smart publishing applications designed to reduce the enormous costs of manually creating and repurposing content associated with customized publishing. The company has seen strong demand for its products in key industries such as life sciences, manufacturing, aerospace and publishing. Companies in these markets are tackling the challenges of regulatory compliance issues, enterprise collaboration initiatives, customer service enhancements and national security concerns. "I believe the market environment for enterprise publishing software is rich with opportunity," said Raymond Schiavone, President and 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. at Arbortext. "Our focus for the second half of this year will be on continued product leadership, geographic expansion programs for Asia Pacific, Latin America and Europe, and the development of new sales channels. The combination of each of these efforts means Arbortext is well-positioned for continued success." Second Quarter Highlights --Closed 12th consecutive quarter of record revenue --Reported double digit growth in every component of revenue, including licenses, maintenance and services --Posted 39% growth in new business bookings globally --Won significant orders from numerous key customers, including American Institute of Physics The American Institute of Physics (AIP) is a professional body representing American physicists and publishing physics related journals. It was founded in 1931. The aims of the organization are: "promoting the advancement and diffusion of the knowledge of physics and its , American Institute of CPAs, American Red Cross American Red Cross: see Red Cross. , Brigham Young University Brigham Young University, at Provo, Utah; Latter-Day Saints; coeducational; opened as an academy in 1875 and became a university in 1903. It is noted for its law and business schools. , CCH CCH Colegio de Ciencias y Humanidades (Spanish) CCH Certified Clinical Hypnotherapist CCH Cook County Hospital CCH Certified in Classical Homeopathy CCH Country Club Hills (Fairfax City, VA, USA) Incorporated, Croner Publications, Florida Legislature, Guidant CPI, Honeywell, Lockheed Martin, McData Corporation, Nebraska Legislature, Northrup Grumman, Piper Group, Porsche AG, SAP AG, State of California Continuing Education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). , Toyota Motor Sales and UPS. --Received the following awards - AlwaysOn 100 "Top 100 Private Companies", KMWorld's "100 Companies That Matter", The Stevie's "Best New Product", and the Great Place to Work Institute's "One of 50 Best Small and Medium Companies to Work for in America." About Arbortext Arbortext is the leading provider of Enterprise Publishing Software that enables organizations to create and automatically publish large amounts of information, such as technical manuals, pharmaceutical product information, legal information and software documentation. Enterprises around the world use our software to publish in multiple languages to multiple audiences in multiple hardcopy and electronic output formats. Arbortext's software is installed at over 1,400 organizations worldwide. Current customers include American Express Financial Services, Audi, Boeing, Bombardier, British Aerospace, Caterpillar, DaimlerChrysler, Ericsson Telecom, Ford, General Electric, GM, 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) , International Thomson Publishing, Lucent, Nokia, Nortel Networks, PeopleSoft, Pfizer, Ricoh, Sun Microsystems, Toyota, United Airlines, Volkswagen and Volvo. Arbortext is a founding member and active participant in the 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. Activity of the World Wide Web Consortium (W3C (World Wide Web Consortium, www.w3.org) An international industry consortium founded in 1994 by Tim Berners-Lee to develop standards for the Web. It is hosted in the U.S. by the Computer Science and Artificial Intelligence Laboratory (CSAIL) at MIT (www.csail.mit.edu/index.php). ). Headquartered in Ann Arbor, Michigan  “Ann Arbor” redirects here. For other uses, see Ann Arbor (disambiguation). Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. , USA, Arbortext has offices around the world. For more information, please visit www.arbortext.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion