Arbortext Reports 65% Revenue Growth for the 4th Quarter.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, Inc., the leading provider of Enterprise Publishing software, today announced its 14th consecutive quarter of record revenue, reporting 65% revenue growth for the 4th quarter and 38% growth for the full year in 2004. The company's continuing success is being fueled by a growing demand from more and more organizations that must successfully manage large scale and complex publishing needs. Enterprise Publishing is one of the last great frontiers of enterprise productivity and its impact on business revenue can be substantial. A tremendous opportunity exists for corporations to reduce costs, improve information quality, and increase customer satisfaction by streamlining and automating the processes around creating and sharing information. Arbortext Enterprise Publishing software enables organizations to automate this core business challenge. "Dynamic Enterprise Publishing is the evolution of desktop, single source, single format publishing to enterprise-wide, collaborative source, multi-channel publishing," said Joshua Duhl, analyst at IDC, a leading analyst firm. "This software market is exploding, and Arbortext is well-positioned in this space with its Enterprise Publishing software." 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, "We continue to deliver solid performance on all fronts. In each quarter of 2004 we have announced accelerating revenue growth, and we are well-positioned to deliver similar aggressive growth in 2005. Our focus on Enterprise Publishing is influencing how organizations are evaluating and improving their publishing strategy as well as positioning us as the leader in this dynamic market place." Fourth Quarter Highlights --Closed 14th consecutive quarter of record revenue --Reported over 30% growth in every component of revenue, including licenses, maintenance and services --Posted over 60% growth in new business bookings globally, with nearly $14 million in total Q4 bookings --Acquired UK-based Advent Publishing Systems, Ltd. --Won significant orders from numerous customers, including Adam Open AG, Airbus Hamburg, Borland Software, EMC Corporation, Eslovs Kommun, General Dynamics, Harcourt, Kone Corporation, McDougal Littell, Northrup Grumman, Novartis Pharma AG, Ortho Clinical Diagnostics, Philips Medical Systems Ned BV, Reed Business Information Reed Business Information is a large business publisher in the United States, United Kingdom, continental Europe, Australia and Asia. It is a division of Reed Elsevier. In 2005, Reed Business Information started the Quill Awards, a literary award broadcast on NBC. , Saab Aircraft, SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. , Singapore Airlines, Thales Underwater Systems  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. , United Parcel Service United Parcel Service, Inc. (NYSE: UPS), commonly referred to as UPS, is the world's largest package delivery company, delivering more than 15 million packages[1] a day to 6.1 million customers in over 200 countries and territories around the world. , Visa and Wolters Kluwer Health --Received EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Documentum "Designed for Documentum" accreditation --Awarded eContent Magazine's "Content 100" --Appointed Luigi Roberti as Country Manager for Italy 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 1,700 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, PeopleSoft, Pfizer, Ricoh, Sun Microsystems, Toyota, United Airlines, Volkswagen and Volvo. Arbortext is a founding member and active participant in both 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). ) and the Organization for the Advancement of Structured Information Standards (OASIS). 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