Concord Surpasses Fourth Quarter Revenue Expectations.Business/Technology Editors MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890. , Mass.--(BUSINESS WIRE)--Jan. 16, 2000 Earnings Meet Estimates; Revenue Exceeds Expectations Concord Communications, 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 : CCRD CCRD Colorado Civil Rights Division CCRD Clear Certainty Rundown CCRD Center for Community Research and Development CCRD Climate Change Research Division (US DoE) CCRD Certified Chiropractic Rehabilitation Doctor ), the market leader in solutions that maximize the availability and performance of the Internet infrastructure, announced today that based on unaudited financial statements, it will report fourth quarter 2000 revenues of $26 million - exceeding analyst consensus estimates, and proforma earnings per share of $.06, excluding previously announced one time charges. "The global market is demanding increasingly simple and comprehensive solutions to manage the internet infrastructure, which is growing more complex," explained Jack Blaeser, company 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. and President. "What sets Concord apart from its competitors is our eHealth Suite(TM), which combines the ability to manage applications, networks and systems in real time with historical context. With eHealth, our customers can ensure the maximum performance of their technology investment, a crucial asset in today's uncertain climate." The Company's complete financial results will be reported before the stock market opens on Thursday, January 25 at 8:00 AM EST EST electroshock therapy. EST abbr. electroshock therapy . The call may be accessed as follows: Via the Internet: www.concord.com or www.vcall.com The replay of the call will be available one hour after the live call ends. 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. replay: 402-220-3106 International replay: 877-780-2267 About Concord Communications Concord Communications, Inc. (NASDAQ: CCRD) is the market leader in software solutions that maximize the performance and availability of the internet infrastructure. With its eHealth Suite(TM), Concord is automating technology management, by offering both enterprises and service providers the only solution to combine real time information with historical context for truly integrated management across application, systems, and networks. Headquartered in Marlboro, Massachusetts - with offices in Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Asia-Pacific - Concord has been named to InformationWeek's Innovative 100 and the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Technology Fast 50; and has been recognized by Network Magazine as producing the Product of the Year. Concord's more than 2100 customers include all of the top 20 telecommunications companies in the world, as well as hundreds of blue-chip corporations worldwide. For more information on Concord, call 1-800-851-8725 or visit Concord's World Wide Web site at www.concord.com. Concord Communications, Inc. and Network Health are registered trademarks of Concord Communications, Inc. The Concord logo, eHealth Suite, and eHealth are trademarks of Concord Communications, Inc. Note that the financial disclosures included in this press release represent unaudited financial results. Actual audited results may differ materially. This press release may also contain 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. . Factors that could cause actual future results to differ materially from forward-looking statements include the following: fluctuations in customer demand, the Company's ability to manage its growth (including the ability to hire sufficient sales and technical personnel), the risks associated with the expansion of the Company's distribution channels, the risk of new product introductions and customer acceptance of new products; the rapid technological change which characterizes the Company's markets, the risks associated with competition, the risks associated with international sales as the Company expands its markets, and the ability of the Company to compete successfully in the future, as well as other risks identified in the Company's Securities and Exchange Commission Filings, including but not limited to those appearing under the caption "Risk Factors" in the Company's most recent Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. and on 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. on file with the Securities and Exchange Commission and available on the Company's Web site. |
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