Arbortext Reports 53% Revenue Growth for the 1st Quarter; IDC Identifies Arbortext a Leader in New Dynamic Enterprise Publishing Software Market.ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich. -- Arbortext, the leading provider of enterprise publishing software, today announced its 15th consecutive quarter of record revenue, reporting 53% revenue growth for the 1st quarter of 2005. The company's continuing success is fueled by the growing demand of organizations to automate the assembly and publishing of information. Enterprise publishing represents the next generation in traditional desktop publishing desktop publishing, system for producing printed materials that consists of a personal computer or computer workstation, a high-resolution printer (usually a laser printer), and a computer program that allows the user to select from a variety of type fonts and sizes, and word processing software. It enables companies to create information as components, and then use them as building blocks for larger documents. Once implemented, information is more accurate, timely and better tailored to the specific needs of the audience, even an audience of one. Arbortext software enables organizations to implement a publishing strategy that addresses these demands. In March 2005, IDC identified Arbortext as a leader in its "Worldwide Dynamic Publishing Software Market, 2004-2009" study, which represents the first time a major analyst firm has formally recognized and sized this fast-growing market, its key players, and the products offered. Raymond Schiavone, Arbortext's 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. , said, "Our focus this year is to grow sales through worldwide channel expansion, continue product innovation through vertically-focused enterprise publishing applications, and expand market leadership through aggressive sales and marketing programs. The combination of each of these efforts means Arbortext is well positioned for continued success." First Quarter Highlights --Identified as a leader by IDC in newly-recognized dynamic enterprise publishing market --Closed 15th consecutive quarter of record revenue --Reported over 45% growth in every component of revenue, including licenses, maintenance and services --Posted 65% growth in bookings globally --Signed strategic partnerships with Fuji Xerox (Japan), T-Systems (Germany) and HP (Singapore) --Won significant orders from numerous customers, including AAI AAI American Association of Immunologists. Services Corporation, Canadian Departments of Finance and Justice, GlaxoSmithKline, Guidant, Havelsan, Northrop Grumman, Sankyo Co. Ltd, Taisho Pharmaceutical Co. Ltd, Toyota, TnQ, Tusas Aerospace Industries and UCG UCG United Church of God UCG Underground Coal Gasification UCG University College Galway UCG Unified Communications Group (Microsoft) UCG Universal Command Guide for Operating Systems (Guy Lotgering book) . --Awarded "Top 100 Companies to Watch in Knowledge Management" by KM World. --Joined XBRL (EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts. (eXtensible Business Reporting Language) International Consortium, a worldwide group of organizations and agencies dedicated to developing XBRL --Appointed Michael McGrath as Country Manager for Australia/New Zealand About Arbortext (www.arbortext.com) Arbortext is the leading provider of enterprise publishing software that automates the assembly and publishing of information, helping companies to improve authoring productivity; reduce authoring, translation and publishing costs; enhance information quality; and speed time-to-market of new and improved products. Companies around the world use our software to publish in multiple languages to multiple audiences in multiple hardcopy and electronic output formats. Arbortext software is installed at over 1,700 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, Oracle, 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. |
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