Computer Concepts Anticipates Fourth Quarter Profit.BOHEMIA, N.Y.--(BUSINESS WIRE)--November 4, 1997--Computer Concepts Corp. (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 :CCEE CCEE Conseil des Conférences Episcopales Européennes (Switzerland) CCEE Câmara de Comercialização de Energia Elétrica CCEE Consilium Conferentiarum Episcoporum Europae (Council of European Bishops' Conferences) ) today responded to the recent pressure on its stock, noting that it was not aware of any reason for the pressure. President & 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. Daniel Del Giorno also noted that based on current developments in progress the company anticipates that the fourth quarter will be a profitable quarter. This release contains forward looking statements which are based on current information and on management assumptions, and are subject to other important factors disclosed from time to time in the company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Form 10-Q Form 10-Q See 10-Q. and other Security and Exchange Commission filings including specifically, among other factors, changing marketing and economic conditions, timely roll-out of its products by licensees and acceptance of the company's Internet based d.b.Express applications. The actual results for the fourth quarter may differ materially from the forward-looking statements in the release. The company will announce its actual fourth quarter results on or about March 30, 1998. Computer Concepts develops software tools including d.b.Express(TM) that assist end-users in the retrieval and visualization of all types of data. Computer Concepts' d.b.Express Internet Server(TM) has recently been integrated with British Telecom's Syncordia Services' C-View software application which allows BT's customers to access and analyze the high volumes of technical and account information available within BT's Internet-based databases without having to download the data to their own computers. The new d.b.Express Internet Server(TM) and JAVA Applet A Java program that is downloaded from the server and run from the browser. The Java Virtual Machine built into the browser is interpreting the instructions. Contrast with Java application. have overcome a major Internet problem, that of high data volume and limited bandwidth, currently responsible for the lengthy delays associated with data downloading. Computer Concepts' wholly owned SOFTWORKS subsidiary is a leading global provider of IT solutions for the enterprise including a suite of tools which provide Year 2000 solutions. SOFTWORKS responds to the data management needs of more than 1,800 organizations worldwide, supporting customers, including nearly 80% of the Fortune 100, in more than 50 countries. Located in Bohemia, New York Bohemia is a hamlet (and census-designated place) in Suffolk County, New York, United States. The population was 9,871 at the 2000 census. Bohemia is in the Town of Islip. , Computer Concepts and its subsidiaries employ a staff of 186. For more information about Computer Concepts and SOFTWORKS, call (516) 244-1500 or visit Computer Concepts' web site at www.computerconcepts.com or SOFTWORKS' web site at www.softworkscc.com. CONTACT: Media Contact: Fielding Dupuy 212/633-2283 Manhattan Media Associates or Computer Concepts Corp. (516) 244-1500 Leigh Athans - Investor Relations Investor relations The process by which the corporation communicates with its investors. Manager |
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