Corechange Named to Software Magazine's 2002 Software 500; Publication Ranks Corechange Among the World's Largest Software Companies.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Sept. 4, 2002 Corechange, a global provider of enterprise portal See corporate portal. software, today announced that it has been named to Software Magazine's 20th annual Software 500, a list of the world's foremost software and services providers, based on total worldwide software and service revenue for 2001. Corechange is ranked No. 390 on the list, after posting 79.6 percent growth in software and services revenue in 2001 when compared to 2000. Corechange's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Coreport, provides organizations with a single, pervasive window into their extended enterprise that allows employees, customers, partners, and other stakeholders to have personalized, secure, single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. access to enterprise content, applications, web services, and productivity tools. "This distinction from Software Magazine validates Corechange's significance as a provider of technologies that help companies do business in more innovative ways," said Charles Kane, president and 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. of Corechange. "We believe our Coreport portal solution enables companies to best streamline how their employees, customers and partners access a wide variety of information. We will continue to build on our success by extending our offering in ways that provide significant value to our customers." "Although IT spending was slow last year, many software product and service suppliers did do well," says John Desmond, Software Magazine's editorial director. "Companies who can deliver rapid return on investment for their customers with focused product offerings had better results. CIOs and senior IT managers can peruse pe·ruse tr.v. pe·rused, pe·rus·ing, pe·rus·es To read or examine, typically with great care. [Middle English perusen, to use up : Latin per-, per- this yearly benchmark to see how their product and service partners fared. That's a valuable service." The Software 500 is a comprehensive look at the largest software companies targeting enterprise IT organizations with software and services. The ranking is based on total worldwide software and service revenue for 2001. This includes revenues from software licenses, maintenance and support, training, and software-related services and consulting. About Corechange Corechange, Inc. delivers infrastructure software to develop, deploy and manage enterprise portals on a global scale. The company's Coreport product provides a "no-compromise" approach to integrating existing documents, content, applications, components, and services to deliver a best-of-breed portal solution. Coreport, the secure, scalable Microsoft-powered enterprise portal framework, provides a rich, highly personalized, role-based user experience. Corechange has a worldwide customer base, including American Electric Power American Electric Power (NYSE: AEP) is a major investor-owner electric utility in various parts of the United States. It is headquartered in Columbus, Ohio. It serves parts of 11 states, and is currently the largest electricity generating utility in the United States. (AEP AEP - Application Environment Profile ), Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , UnumProvident Corporation, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , Philips, Hitachi, Krispy Kreme, and Royal & SunAlliance. The company's strategic partners include Microsoft, Nortel Networks, and GE Medical Systems Information Technologies. Corechange is headquartered in Boston, with offices throughout North America, Europe and Asia. About Software Magazine and Wiesner Publishing LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Software Magazine reaches 75,000 CIOs and senior IT managers in mid- to large-size organizations. Editorially the magazine is focused on the top 10 business priorities of its audience as determined by leading industry research firms. The magazine is a field guide to the products and services available to help its readers create a short list of vendors to consider for solving business problems. The BPA-audited magazine has a controlled print circulation of 75,000. Software Magazine is produced by a partnership of Wiesner Publishing, Englewood, Colo. (www.wiesnerpublishing.com) and King Content Co., E. Walpole, Mass. (www.king-content.com). |
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