EveryWare Announces 22 Percent Nine Month Revenue Growth.MISSISSAUGA, ONTARIO--(BUSINESS WIRE)--May 1, 1998--EveryWare Developmen(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :EVE.) EveryWare Development Inc. the leading developer of cross platform software for the construction and analysis of dynamic Web applications, today announced results for its most recent quarter. Revenue for the nine months ended March 31, 1998 increased 22 percent to $6,090,127 compared to $4,982,303 in the similar period in 1997. Net income (loss) for the nine months was $(1,940,158) compared to $(2,769,590) in the corresponding period in 1997. "Our third quarter saw increases in order volume for our Tango tango Spirited dance; also a South American ballroom dance. It evolved in the dance halls and, perhaps, the brothels of poorer districts of Buenos Aires, Arg., possibly influenced by the Cuban habanera. It was made popular in the U.S. and Bolero bolero (bəlâr`ō), national dance of Spain, introduced c.1780 by Sebastian Zerezo, or Cerezo. Of Moroccan origin, it resembles the fandango. products over the second quarter of this year" said EveryWare's Chief Executive, Don Whitbeck " We were not able to ship two critical products; Tango for FileMaker and Bolero 2, until after the quarter end. As a result, EveryWare recorded lower than expected revenue for the quarter, but exited the quarter with an order backlog exceeding $1M compared to revenue of $1,306,478 and a loss of $1,743,736 " EveryWare's Tango for FileMaker, which began shipping on April 23, is the only visual, rapid web development tool available for the popular FileMaker database management system. It provides users of FileMaker the unique ability to commence development on an economical entry level basis and to seamlessly upgrade to EveryWare's flagship Tango Enterprise when they need to integrate other corporate databases such as Oracle, Sybase, IBM's DB2 or Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. . EveryWare's Tango Enterprise Development Studio is the industry leader for the development and deployment of dynamic web applications. Since it first shipped in 1995, it has become the standard Web development environment for over 6,000 Web application developers worldwide. Tango provides Web developers with a superior visual development environment that allows for the creation of dynamic Web applications faster than any other tool on the market. Tango application files work in conjunction with the Tango Application Server, available on Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. NT/95, Sun Solaris, SGI (SGI, Sunnyvale, CA, www.sgi.com) A manufacturer of workstations and servers, founded in 1982 by Jim Clark. The company was founded as Silicon Graphics, Inc., but changed to its acronym in 1999. IRIX A Unix-based operating system from SGI that is used in its computer systems from desktop to supercomputer. It is an enhanced version of Unix System V Release 4. IRIX integrates the X Window system with OpenGL, creating the first real time 3D X environment. , 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) AIX (Advanced Interactive eXecutive) IBM's Unix-based operating system which runs on its Intellistation workstations and pSeries, p5, iSeries and i5 server families. and Apple Mac platforms. EveryWare's Bolero 2, shipping this week, allows Web administrators to monitor (in real time) high-end Web servers generating millions of hits per day. Bolero gives management the ability to identify and quantify activity and user demographics to evaluate a Web site for development and investment return. About EveryWare Development Inc. EveryWare is the leading developer of cross-platform software for the construction and analysis of dynamic Web applications. The company supports multiple operating environments, including Microsoft Windows NT/95, Sun Solaris, IBM AIX, SGI IRIX, and Apple MAC OS. EveryWare has two key products: Tango Enterprise, a Web application development environment that includes the Tango Enterprise Development Studio and Tango Enterprise Application Server; and Bolero, a Web site monitoring See Web analytics. and analysis application. Visit our Web site at www.everyware.com. For more information on EveryWare or any of EveryWare's products, call 888/819-2500 or 905/819-1173, or email us at info@everyware.com. EveryWare, the EveryWare logo and Tango Enterprise are trademarks of EveryWare Development Inc. Other product and corporate names may be trademarks or registered trademarks of other companies, and are used only for explanation and to the owners' benefit, without intent to infringe. CONTACT: EveryWare Development Inc. Press Contacts: Marie Verdun, 905/819-1173 ext. 374 mcverdun@everyware.com or Global PR Nancy Reuscher, 415/331-7218 nrpr@aol.com |
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