Ascent Logic Corporation Announces Continued Increased Revenue and Profit Performance for Fourth Quarter 1995.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Jan. 17, 1996--Ascent Logic Corporation, the leader in system design engineering software and consulting services, today announced its third consecutive quarter of increased revenue and profits. Revenue for the fourth quarter of Fiscal Year 1995, which ended December 31, exceeded the previous one by ten percent and was fourteen percent above the results of the comparable quarter in 1994. Mr. Larry McArthur, 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. of the company said, "Both revenue and profit exceeded our expectations for this period. We achieved strong revenue increases in all four segments of our business -- consulting, software, training, and product service. As a result of continued cost control and expanded business, we realized profitability for the third consecutive quarter." Ascent Logic Corporation has made significant progress in the development of its strategic business units, especially in the new Information System Reengineering (ISR (Interrupt Service Routine) Software routine that is executed in response to an interrupt. ) division, which has grown considerably over the past months in the domestic market as well as internationally. The company has successfully continued to increase their market share both in their key-market segments, the ISR, and in System Engineering. In addition, Ascent Logic Corporation is on target with their product development plan and will begin shipping a new release of their RDD-100 System Engineering Software soon. This will enhance the position the company holds in their served markets. Ascent Logic Corporation, founded in 1987, is the premier supplier of Systems Engineering Automation products and related consulting and training services. The San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. based company develops, markets, and supports Systems Engineering software for requirements analysis (project) requirements analysis - The process of reviewing a business's processes to determine the business needs and functional requirements that a system must meet. , traceability, and the modeling of complex systems. Ascent Logic Corporation is a privately held, venture capital funded company with sales and support offices and affiliations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, and Japan. CONTACT: Ascent Logic Corporation Sigrid Roemer, 408/943-0630 roemer@alc.com or CMC (Common Messaging Calls) A programming interface specified by the XAPIA as the standard messaging API for X.400 and other messaging systems. CMC is intended to provide a common API for applications that want to become mail enabled. 1. Caroline Murphy, 415/324-8819 cpmurphy@aol.com |
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