Computer Horizons Ranked No.242 in Software Magazine's Software 500.MOUNTAIN LAKES, NJ--(BUSINESS WIRE)--Aug. 4, 1999-- Princeton Softech's Enterprise-Scale eBusiness Solutions Substantially Increase Software Revenues Computer Horizons Corp. (Nasdaq:CHRZ) was ranked number 242 in Software Magazine's Software 500, based on its 1998 worldwide software revenues of $23 million. This revenue was derived from sales by Princeton Softech, Computer Horizons' software products subsidiary, which specializes in products for developing enterprise-scale eBusiness solutions. Princeton Softech reported software revenue growth of 109 percent over 1997, the year prior to Computer Horizons' acquisition of Princeton Softech. The Software 500 is Software Magazine's (www.softwaremag.com) ranking of the world's foremost software providers According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Steve Bonadio, senior analyst, Hurwitz Group, and a contributing editor A contributing editor is a magazine job title that varies in responsibilities. Most often, a contributing editor is a freelancer who has proven ability and readership draw. to the Software 500 report, the key priority for ERP vendors A list of Enterprise resource planning (ERP) vendors. ERP vendors by revenue The largest vendors worldwide in 2005 according to Gartner Dataquest: Market share 2005 according to Gartner Dataquest[1] # Vendor Revenue (million $) Market share is to extend their applications and frameworks to the world of e-business. Bonadio notes that ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. will be the backbone that enables companies to efficiently and effectively communicate and collaborate with themselves, their customers, partners, and suppliers. "In today's ruthless global economy, it is a competitive imperative for companies to become eBusinesses," explains Joe Allegra Al·leg·ra A trademark for the drug fexofenadine hydrochloride. fexofenadine hydrochloride Allegra, Telfast (UK) Pharmacologic class: Peripherally selective piperidine, selective histamine , president, Princeton Softech. "And, at every stage of the eBusiness application lifecycle, Princeton Softech's suite of tools deliver a significant competitive advantage, enabling our clients to become fast, efficient eBusinesses. Princeton Softech's eData Engine deploys legacy ERP data into the eDimension, to the point of best business leverage, while managing the complexities of large-scale enterprise applications, including heterogeneous databases, complex models, and large numbers of users. Coupled with Princeton Softech's Active Component Portal, our clients can leverage high-end development skills and component libraries to significantly reduce eBusiness application time-to-market." Princeton Softech's component-based application design and development toolset helps companies deliver innovative eBusiness solutions on time, within budget and in line with business needs. This toolset includes Select Enterprise(R), a UML-based visual modeling, data modeling, business process modeling and Component Based Development (programming) component based development - (CBD) The creation, integration, and re-use of components of program code, each of which has a common interface for use by multiple systems. tool; Select Component Manager(TM), a multi-user, web-enabled manager and repository of components; Select Jsynchronizer, which supports full round-trip engineering Round-trip engineering is a functionality of software development tools that provides generation of models from source code and generation of source code from models; this way, existing source code can be converted into a model, be subjected to software engineering methods and then with simultaneous code generation and reverse-engineering; and Select Solution for PeopleSoft, a reverse engineering and data modeling tool for PeopleSoft applications. The company's testing and deployment tools, including Move for Servers, a data extraction Data extraction is the act or process of retrieving (binary) data out of (usually unstructured or badly structured) data sources for further data processing or data storage (data migration). , transformation and migration tool and SyncPoint, a tool for managing distributed and disconnected data across and beyond the enterprise, make synchronizing and implementing eBusiness solutions faster and easier. Princeton Softech (www.princetonsoftech.com), is a software products company and a wholly-owned subsidiary of Computer Horizons Corp. The company specializes in products for developing enterprise-scale eBusiness solutions. Princeton Softech's component-based development tools enable customers to quickly and cost-effectively move into the eDimension. The company pioneered the concept of eData and leads the marketplace in eData distribution and management technologies, allowing companies to deploy application data to the point of best business leverage. Princeton Softech's tools are in use by over 2,000 of the world's largest companies in more than 30 countries. Computer Horizons Corp. is a strategic IT services supplier with over 3,900 billable consultants and 55 offices worldwide. The Company enables its Global 1000 customer base to realize competitive advantages though enterprise application solutions, eBusiness, customized Web development and Web enablement of strategic application portfolios. Specific offerings include Customer Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), eBusiness, network services, ERP, strategic outsourcing and managed resourcing, as well as a best-of-breed selection of software and relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. products. For more information on Computer Horizons, please visit our Web site at www.computerhorizons.com. This press release includes certain "forward-looking statements" for purposes of 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 that involves risks and uncertainties that could cause actual results to differ materially. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of Computer Horizons' industry and competition. |
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