ClickSoftware Technologies Limited Chief Executive Officer Talks to the Wall Street Transcript.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Feb. 19, 2004 The Wall Street Transcript A generic term for any kind of copy, particularly an official or certified representation of the record of what took place in a court during a trial or other legal proceeding. A transcript of record has published an in-depth in-depth adj. Detailed; thorough: an in-depth study. in-depth Adjective detailed or thorough: an in-depth analysis interview with Dr. Moshe BenBassat, Chief Executive Officer of ClickSoftware Technologies Ltd. (Nasdaq:CKSW), in which he talks at length about the company's future. The entire 4,400 word interview is available free online at http://www.twst.com/ceos.htm Dr. BenBassat comments on the recent results saying, "We finished 2003 with revenues of $22.4 million, which is 42% growth relative to 2002. Our net income was $1.7 million and we now have four consecutive quarters of profitability. Our cash and short and long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. investments also increased 77% relative to the balance we had at the end of 2002." Discussing competitive advantages, Dr. BenBassat adds, "Our products are well known for their quality and stability; features which are particularly important for the business-critical functions they solve. Additionally, our products are the most scalable in the market and are capable of responding to the unique needs of the largest organizations in today's marketplace." Dr. BenBassat continues, "There are thousands of companies out there across 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 Europe (y  r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). , and Asia-Pacific, that could
benefit from our product, so there's considerable potential in the
market we are already in, and our plan is to continue to focus on these
companies, and continue to offer better products, better
implementations, and better value."
Looking forward and commenting on future growth, Dr. BenBassat states, "By all standards, we are the market leader. We have the largest number of proven deployed solutions in the field, with many blue-chip industry leaders in utilities, manufacturing, medical, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , and computer and office equipment." Dr. BenBassat concludes, "Now, we need to expand the use of our products. The vision two to three years from now is one where we would see hundreds of customers using and realizing value from our products. " The Wall Street Transcript does not endorse To sign a paper or document, thereby making it possible for the rights represented therein to pass to another individual. Also spelled indorse. endorse (indorse) v. the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. |
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