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Corporate Profile for SRC Software, dated 21 March 1997.


--(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 online services, including all of the leading Internet-based services. -0-

Published Date:   21 March 1997

Company Name:     SRC Software

Address:          2120 Southwest Jefferson
                  Portland, OR  97201

Main Telephone
 Number:          503/221-0448
                  800/544-3477

Public Relations
 Contact:         Wendy Hunter
 Business number: 503/221-0448

Industry:         Software, financial





Company description:

-------------------

SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination."  Software develops, markets and supports a suite of decision support systems entitled en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 the Advisor Series, encompassing budgeting, payroll budgeting, reporting, consolidation and long-range strategic financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
. An established leader in the industry, SRC currently supports over 650 client sites and continues their steady and controlled growth.

The Advisor Series competes very effectively in the market for many reasons -- not the least of which is the rich programming approach and environment that allows for 100 percent flexibility and the ultimate in sophistication so·phis·ti·cate  
v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates

v.tr.
1. To cause to become less natural, especially to make less naive and more worldly.

2.
.

Unlike the competition who gave up on spreadsheets and instead implemented a proprietary, transaction-based approach, SRC embraces the flexibility, ease of use and superior modeling capabilities of a spreadsheet front-end while maintaining the necessary background database structure.

Instead of compromising or trying to prove the merit of spreadsheets vs. databases, SRC Software provides their clients with the best of both worlds. SRC Software very adeptly responds to the demand for financial planning systems Software that helps the user evaluate alternatives. It allows for the creation of a data model, which is a series of data elements in equation form; for example, gross profit = gross sales - cost of goods sold.  that are much more than an inflexible database tool or a simplistic sim·plism  
n.
The tendency to oversimplify an issue or a problem by ignoring complexities or complications.



[French simplisme, from simple, simple, from Old French; see simple
 collection of spreadsheets.

SRC Software is a privately held, internally financed Oregon corporation in excellent financial condition. Financial statements are not available for public dissemination dissemination Medtalk The spread of a pernicious process–eg, CA, acute infection Oncology Metastasis, see there .

CONTACT: SRC Software
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 21, 1997
Words:274
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