Bureau of Electronic Publishing announces income from operations increased 67 percent; leading developer and publisher of CD-ROMs shows significant sales growth for third quarter.PARSIPPANY, N.J.--(BUSINESS WIRE)--Nov. 27, 1995--Bureau of Electronic Publishing An umbrella term for non-paper publishing, which includes publishing online or on media such as CDs and DVDs. Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BEPI BEPI Budget Estimates Presentation Instruction ), an award-winning developer, publisher and distributor of CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). titles, reports increases in third-quarter and nine month revenues. For the third quarter ended Sept. 30, 1995, revenues and operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. increased 15 percent and 67 percent, respectively, compared to the same quarter of the prior year. For the nine months ended Sept. 30, 1995, revenues increased 27 percent compared to the nine months ended Sept. 30, 1994. "This increase in revenues and income from operations is primarily due to the release of five new CD-ROM titles, including Everything Weather, created by The Weather Channel. These popular new Bureau releases, combined with an increase in the number of stores carrying Bureau products, has resulted in a steady growth in income for the Bureau," says Larry Shiller, 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 Bureau. In addition, PC Data, a leading industry analyst based in Reston, Va., listed The Bureau as a Top 25 Publisher in the reference category both in units sold and dollars made for September, 1995. The Bureau's growth in the reference category increased 166 percent over September, 1994, and 771 percent over August, 1995 Bureau of Electronic Publishing Inc. (NASDAQ: BEPI) was founded in 1988 to "enrich, empower and entertain through multimedia." Its best-selling multimedia CD-ROM titles are widely distributed through general and specialty mail order houses, computer dealers, distributors, warehouse clubs, major retail chains and the Internet (www.bep.com). For more information, or to arrange interviews with Larry Shiller, President & CEO, please call Marcelle M. Soviero at (201) 808-2700 x147. CONTACT: Bureau of Electronic Publishing, Parsippany Marcelle M. Soviero, 201/808-2700 x147 |
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