California Software Corp. Named to Software Magazine's 18th Annual Software 500.Business Editors & High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Writers IRVINE, Calif.--(BUSINESS WIRE)--July 10, 2000 Software Magazine Ranks California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Software Corp. as One of the World's Largest Software Companies California Software Corp. Monday announced its spot on the Software 500, Software Magazine's list of the world's foremost software and services providers, featured in the publication's June/July 2000 issue. California Software was ranked 386 with software revenue of $11.9 million. "Ever-increasing R&D-spending by the Software 500 companies is fueling the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. ," said John Desmond, Software Magazine's editorial director. "The CIOs, senior IT and e-business managers who read Software Magazine value this unique issue as a yearly benchmark of the standing of their product and service partners. And each year, as suppliers consolidate and new markets emerge, the composition of the Software 500 ranking reflects those changes." Carol Conway, president of California Software, stated, "We are delighted that our hard work has been recognized by Software Magazine. By focusing on our core Midrange midrange Epidemiology The halfway point or midpoint in a set of observations; for most data, MR is calculated as the sum of the smallest observation and the largest observation, divided by 2; for age data, one is added to the numerator; a midrange is usually migration business we have brought many new customers to our platform while continuing to serve our loyal client base." Software Magazine's annual compendium com·pen·di·um n. pl. com·pen·di·ums or com·pen·di·a 1. A short, complete summary; an abstract. 2. A list or collection of various items. of software and services suppliers catalogs the ranking, financial performance and growth, and primary business sector for each company as well as trend information for the Software 500 as a whole. The Software 500 is a comprehensive look at the enterprise software landscape, encompassing both public and private companies that develop business software and services. The ranking is based on total worldwide software and services revenue for 1999. Suppliers are not ranked on their total corporate revenue, since many others have other lines of business. Software revenue includes license fees, as well as maintenance and support revenue, professional services/consulting, and custom programming. The financial information is based on the calendar year and was gathered from Software Magazine's vendor survey, public documents and industry analysts. A complete list of the Software 500 companies of 2000 can be found at www.softwaremag.com. This year, the list can be searched and sorted by primary business sector, in addition to the financial ranking and alphabetical list. A copy of the June/July issue of Software Magazine can be obtained by calling 888/764-6614. About California Software California Software is the international leading provider of 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) Midrange migration software solutions marketed under the brand name BABY. These products support the migration of IBM AS/400 screens and applications into PC-LAN PC-LAN Personal Computer Local Area Network business environment and enjoy more than 100,000 installations in 56 countries. About Software Magazine and Wiesner Publishing LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Software Magazine is written for business-savvy IT professionals chartered with the responsibility of evaluating, recommending and purchasing software and services for their organization. The magazine's mission is to focus on the trends in buying and managing strategic software solutions and to explore the issues facing today's IS professional. The magazine is BPA-audited and has a controlled circulation of 75,000. Privately held, Wiesner Publishing, Englewood, Colo., publishes 11 magazines, mostly in the home and lifestyle category. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. |
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