Corporate Profile for Logic Works, dated June 14, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0- Published Date: June 14, 1996 Company Name: Logic Works Inc.
Address: University Square at Princeton
111 Campus Dr.
Princeton, N.J. 08540
Main Telephone Number: 609/514-1177 Chief Executive Officer: Dr. Benjamin C. Cohen Chief Financial Officer: Mark S. Finkel Investor Relations Contact: Taissa O. Matla Business number: 609/514-2810
Public Relations
Contact: Thomas Associates
Joanne Marlin
Business number: 914/697-4787
Trading Symbol: LGWX Industry: Computer Software Development Market Makers: Morgan Stanley & Co., Hambrecht & Quist Inc., Sherwood Securities Corp., Herzog, Heine, Geduld Inc., Mayer & Schweitzer Inc., Troster Singer Corp., Allen & Company Inc., Robertson Stephens & Co. and Knight Securities Company description: Logic Works Logic Works Inc. was a software company based in Princeton, New Jersey. Their flagship product was an IDEF1X modeling and database design tool called ERwin (ERwin) whose name is formed from an initialism of ER for Entity Relationship and "win", short for windows. is a leading provider of client/server database modeling and business process re-engineering See reengineering. (business) Business Process Re-engineering - (BPR) Any radical change in the way in which an organisation performs its business activities. BPR involves a fundamental re-think of the business processes followed by a redesign of business activities to software solutions for corporate and Internet applications. Logic Works' suite of powerful, easy-to-use products helps customers realize the benefits of client/server computing computing - computer by streamlining the application development process through easier design, deployment and management of database applications. The company's award-winning products have been licensed to approximately 26,000 users in more than 4,000 organizations worldwide. In 1995 Logic Works more than doubled revenues over 1994. For the fiscal year, ended Dec. 31, 1995, revenues were $30.7 million, up 131 percent from revenues of $13.3 million for 1994. Net income for the year was $1.4 million, or $0.13 per share, up 101 percent from $.7 million, or $0.07 per share, for the same period last year. CONTACT: Logic Works Inc., Princeton Taissa O. Matla, 609/514-2810 |
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