Cranes Software Launches Japanese Language Version of SYSTAT 11; Localized Version Release to Further Strengthen Position in Significant Market.BANGALORE, India -- Cranes Software Cranes Software International Limited is a global scientific & engineering products and solutions provider. The Company's business interests straddle products, services, R&D in future technologies, training and high-end consultancy for engineers and scientist worldwide. International Ltd., a global scientific and engineering software solutions provider, has announced the introduction of the Japanese language Japanese language Language spoken by about 125 million people on the islands of Japan, including the Ryukyus. The only other language of the Japanese archipelago is Ainu (see Ainu), now spoken by only a handful of people on Hokkaido, though once much more widespread. version of its acclaimed statistical analysis software SYSTAT 11. This new language version will now reach users in Japan with a local language graphic user interface See GUI. , online helpdesk support and translated technical manuals. This launch provides the opportunity to further penetrate the significant user base within the second largest software market globally through a value-added offering. This is the second localized software launch by Cranes in Japan, following the previous release of the SYSTAT 10.2 in Japanese. Speaking at the launch, Asif Khader, 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. , Cranes Software said, "The launch of the Japanese version of SYSTAT 11 takes forward our objective of establishing a global business with a strong localized feel in each of our focus geographies. This model of aligning with our local partner for language version development has worked well for us, and we hope to extend it further in Japan and several other countries. We plan to release more language versions of our proprietary software to penetrate deeper into the scientific and engineering user bases and communities worldwide." Growth through localized business strategies The Japanese version of SYSTAT 11 takes forward Cranes' objective of providing a strong local flavour to its global business. The Company has established a widespread presence in important business regions across the globe; local market driven strategies in each geography; and a pipeline of localized software to penetrate deeper into language-sensitive markets. Success at driving demand from several key markets has led to ongoing financial outperformance delivered by the Company since inception, and particularly since the initiation of IPR IPR Intellectual Property Rights IPR Inprocess/Inprogress Review IPR Industrial Property Rights IPR Institute for Policy Research (Northwestern University and University of Cincinnati) IPR Institute of Public Relations ownership over the last five years. Revenues of Cranes' proprietary software products touched US$ 30 million last year, which constituted over 80% of the business. Ongoing IP enhancement initiatives Backing Cranes' focused acquisition strategy has been a well-structured, post-acquisition software development and IP evolution process. Dedicated R&D teams are focused on evolving the Company's proprietary software products on a defined roadmap. New versions, with significantly enhanced features, have been launched regularly as a result, creating greater demand-pull from existing and new users. SYSTAT's core development team is headed by world renowned statistician Prof. T. Krishnan. This team comprises of key researchers and statistical analysts who continuously work towards enhancing products to provide specialized domain expertise to their customers. About SYSTAT 11 SYSTAT 11 provides statisticians Statisticians or people who made notable contributions to the theories of statistics, or related aspects of probability, or machine learning: A to E
MCMC Malaysian Communications and Multimedia Commission MCMC Mid-Continent Mapping Center McMC McMaster-Carr MCMC Marine Corps Maintenance Contractor ) technique and Quality Analysis that allow the product to be marketed to specific user groups. The new version has transitioned SYSTAT from FORTRAN to C environment. SYSTAT was rated the Top Statistical Data Analysis Product in the world by the Scientific Computing and Instrumentation Journal in 2004. About Cranes Software International Ltd. Cranes Software was founded in 1991 to bring globally acclaimed scientific computing products to India. Today, Cranes Software's business interests straddle In the stock and commodity markets, a strategy in options contracts consisting of an equal number of put options and call options on the same underlying share, index, or commodity future. products, services, R&D in future technologies, training and high-end consultancy for engineers and scientist worldwide. Cranes Software offers highly acclaimed products such as SYSTAT, SigmaPlot, SigmaStat, SigmaScan, TableCurve 2D, TableCurve 3D and PeakFit to its customers. Focused on the niche scientific and engineering community, Cranes Software has addressed the needs of a variety of customer groups ranging from large MNCs to the US armed force for over a decade. Cranes Software has its presence in 38 countries across the world and has a user base of more than 350,000. Cranes Software also offers world-renowned solutions from reputed principals such as The MathWorks, Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. , and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) through product alliances. For more information visit www.cranessoftware.com Certain statements in this release concerning our growth prospects are 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. . These forward-looking statements are subject to certain risks and uncertainties, including government actions; local political or economic developments; technological risks; risks inherent in the company's growth strategy; dependence on certain clients; dependence on availability of technical consultants and other factors that could cause our actual results to differ materially from those contemplated by the relevant forward looking statements. The Company undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Authorized Signatory sig·na·to·ry adj. Bound by signed agreement: the signatory parties to a contract. n. pl. sig·na·to·ries One that has signed a treaty or other document. Cranes Software International Ltd Mueed Khader Director, Cranes Software International Ltd. |
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