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Day Software License Revenue Jumps 70% in Q3.


Global Demand for CQ5 Platform Accelerates with Major New Customer Wins

BASEL, Switzerland & NEWPORT BEACH, Calif. -- Day Software (SIX:DAYN) (OTCQX:DYIHY), a leading provider of content management and content infrastructure software, today announced its interim financial results for Q3 2009 with a 70% increase in license revenue over Q3 2008. Day's Q3 license growth led to a 37% increase in year-to-date license revenue over the corresponding period for 2008, up from 26% license revenue growth from Day's reported 1H 2009 financial results.

Day's Q3 license growth was driven by major new competitive wins and increased installed based investment in Day's CQ5 Web Content Management platform and new CQ5 Digital Asset Management (DAM) and Social Collaboration (SoCo) modules. Globally, Day saw continued strength across all major markets, with a resurgent U.K. operation under Day's newly installed team achieving record growth to become Day's second-largest market in Q3 after the United States (U.S.).

Eleven new customers joined the Day community in Q3. In North America, Day added Newsweek (U.S.), Ingersoll-Rand (U.S.), and Government of New Brunswick (Canada). In Europe, Day's new teams added WGSN WGSN Worth Global Style Network
WGSN WLAN-Based GPRS Environment Support Node
 (U.K.), Prenatal (Italy), and Esselunga (Italy). Also in Europe, Day saw new wins at both Fraunhofer (Germany) and Sympany (Switzerland).

Nine existing customers upgraded and expanded the use of CQ5. Major customer reinvestment in Day in Q3 included Clifford Chance and Audi in the U.K., La Banque Postale La Banque postale is a French bank created on 1 January, 2006 as a subsidiary of La Poste, the national postal service. External links
  • http://www.labanquepostale.fr/
  • http://www.postalconsumers.org/
 in France, and Land Transport Authority (LTA LTA Land Transport Authority
LTA Land Trust Alliance
LTA Lawn Tennis Association
LTA Lost Time Accident
LTA Lighter-Than-Air
LTA Lieutenant (Singapore military)
LTA Lipoteichoic Acid
LTA Lymphotoxin-Alpha
) in Singapore. In the U.S., Day also saw renewed investment by major customers Nissan, Williams-Sonoma and Intercontinental Hotel Group (IHG IHG Intercontinental Hotels Group
IHG Iris Hypoplasia with Glaucoma
).

"I am pleased to see that market interest in CQ5's open, modular architecture and fun-of-use continues to drive customer traction across all major sales regions," says Erik Hansen, 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 Day Software. "I am particularly pleased to see the strong contribution to growth from the U.K. and the early returns to our dedication and focused investment in building a strong U.K. operation."

Hansen concluded, "We continue to see a general trend towards migrating from legacy Web 1.0 systems to new, modern content management (CMS (1) See content management system and color management system.

(2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system.
) platforms like CQ5. This was an excellent start to the second half of the year, and we see an improved outlook for our financial performance through the end of the year."

About Day - www.day.com, @daysoftware

Day Software is the ECM (1) (Enterprise Change Management) See version control and configuration management.

(2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission.
 pioneer that leading global enterprises rely on for their Web 2.0 content application and content infrastructure needs. Day's Content Repository Extreme (CRX CRX Civic Renaissance Model X (Honda automobile model)
CRX Cone-Rod Homeobox-Containing Gene
CRX Civic Renaissance Experimental (Honda) 
) is the industry's leading Java Content Repository (JCR JCR Journal Citation Reports
JCR Java Content Repository (IBM)
JCR Junior Common Room (British university term)
JCR Journal of Clinical Rheumatology
JCR Journal of Circadian Rhythms
) that provides unique virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used.

Hardware Virtualization
Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer.
 services to consolidate legacy repositories and unique cloud computing services to lower IT operational costs. Day's Communique CQ5 provides industry-leading Web Content Management, Digital Asset Management, and Social Collaboration in a single, unified suite and won the 2009 InfoWorld Technology of the Year Award for "Best Web CMS".

Day is an international company with headquarters in Basel, Switzerland and Newport Beach, California Newport Harbor redirects here. For the MTV reality series, see .

Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana.
, traded since April 2000 on the SIX Swiss Exchange, and "Over the Counter" (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
) as American Depositary Receipts (OTCQX:DYIHY). Day's customers are worldwide leading global enterprises, including: Volkswagen, Daimler, Nissan, Chanel, Allianz, Vodaphone, LaPoste, Time, Inc., University of Phoenix, and InterContinental Hotels.

Warning Regarding Forward-looking Statements

This press release may contain forward-looking statements about future events or the future development of Day Software Holding AG and its subsidiaries ("the Company"). Terms such as "expect," "assume," "intend," "believe," "want" and any variations of these terms or similar expressions are used to make forward-looking statements. These statements are subject to change, and Day cannot necessarily provide information about such changes. Of course, actual events or results can deviate significantly from the forward-looking statements. The company's share is not listed on any stock exchange in the US, and the company does not file any documents (e.g. 10-K and 10-Q) with the US Securities and Exchange Commission SEC under the Securities Exchange Act of 1934.
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Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Comment:Day Software License Revenue Jumps 70% in Q3.
Publication:Business Wire
Article Type:Financial report
Geographic Code:4EXSI
Date:Oct 21, 2009
Words:654
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