Document Sciences named as "Hot Growth Company" by Business Week.SAN DIEGO--(BUSINESS WIRE)--June 4, 1997--Document Sciences (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DOCX), a global leader in document automation solutions, was named by Business Week as 19th of 100 "Hot Growth Companies" in the magazine's May 26 issue. "This notable achievement is indicative of Document Science's future plans for continued growth and opportunity," said Tony Domit, 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. . "We're proud that our financial record of growth speaks for itself and to be included among the other `hot growth' companies known for their determination, creativity, and agility." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Business Week article, the annual sales of the 100 companies on the list grew 57.2% in the past three years as compared with 8.21% for the Standard & Poors industrial index in the same time period. Earnings of the 100 "Hot Growth Companies" rose 133% vs. 22.38% for the S&P, while return on capital grew 32.5% vs. 12.2% in the same three years. Document Sciences ranked 19th with three-year sales growth of 61.9%, three-year profit growth of 48.7%, and three-year return on invested capital of 50%, according to Business Week. The ranking is based on three categories of financial performance over the past three years -- sales growth, earnings growth and return on invested capital. To qualify as a candidate for the list, each company must have annual sales of more than $10 million and less than $150 million, a current market value greater than $1 million, a current stock price greater than $2, and be actively traded. Banks, insurers, real estate firms and utilities are excluded. Document Sciences is a leading provider of personalized and customized publishing solutions for industries including insurance, managed health care, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , telecommunications, manufacturing/distribution, government agencies and commercial print service bureaus. The company's Autograph products and solutions enable a crucial form of communication between organizations and their customers by employing enterprise database assets to produce high-quality and cost-effective documents that can be distributed in high volume. The company is based in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and has regional sales force locations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada and a European subsidiary in Nice, France supporting Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). . The company also markets its products in Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . For more information, visit the Document Sciences Web site at www.docscience.com or send an E-Mail to: marketing@docscience.com . This news release contains certain forward looking statements. While these statements reflect management's best current judgment, they are subject to risks and uncertainties that could cause actual results to vary. These risk factors are identified in documents the company has filed with the Securities and Exchange Commission. Actual results could differ materially from those projected in such 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. . CONTACT: Document Sciences Corp., San Diego Gaylin Allbaugh, 619/625-2000 gallbaugh@docscience.com |
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