Heartsoft Records 97% Increase in February, 1999 Revenues.TULSA, Okla.--(BUSINESS WIRE)--March 4, 1999--Heartsoft, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: HTSF HTSF Hard-Target Smart Fuse HTSF High Technology Small Firm HTSF Hybrid Thin Slot Formalism ), publisher of educational software products for children, announced today that net revenues from sales of its educational software products increased 97% in February, 1999, over same period sales in 1998. February marked the third straight month of increased revenues since December, 1998. The company reported earlier that revenues increased 25%, and 31% respectively for December, 1998, and January, 1999. "The steady increases in revenues can be directly attributed to the success of our newly expanded sales organization and increasing acceptance of Heartsoft's products by educators nationwide," said Benjamin Shell, Heartsoft, Inc. 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 are continuing to reinvest nearly 100% of revenues into expanding our distribution capabilities in preparation for new products expected to be released during the next fiscal year," said Shell. In other recent development, Heartsoft announced its plans to introduce the first secure Internet browser for children, the Kids Internet World Explorer(R) (KIWE KIWE Kids Internet World Explorer ) during the summer of 1999. Upon its release, KIWE shall be available for both Microsoft Windows(R) (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 : MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) and the Apple Macintosh(R) and iMac(R) (NASDAQ: AAPL AAPL Apple Computer, Inc. (stock symbol) AAPL American Association of Professional Landmen AAPL American Academy of Psychiatry and the Law AAPL Advance Audiovisual Presentation Limited AAPL Advocates for Arkansas Public Libraries ). KIWE offers parents and educators an age appropriate alternative to Microsoft's Internet Explorer and Netscape's (NASDAQ: NSCP) Navigator Internet browsers. Heartsoft also announced the release of new versions of its proprietary educational software for Microsoft Windows 98(R) and the Apple iMac. Heartsoft's support of Windows 98 and the iMac significantly expands the company's ability to support hardware manufacturers such as Dell Computer Corp. (NASDAQ: DELL), Compaq Computer Corp. (NYSE NYSE See: New York Stock Exchange : CPQ), and Gateway, Inc. (NYSE:GTW) which represent the most widely used platforms in schools and by parents. Heartsoft, Inc. publishes and distributes a line of multimedia educational software products for schools and homes nationwide. Headquartered in Tulsa, Oklahoma, Heartsoft is acknowledged among educators as the price-vs.-performance leader, delivering such product classics as the Heartsoft Bestsellers and its latest release, Thinkology, with unsurpassed customer satisfaction and loyalty. Heartsoft's web pages may be viewed at http://www.heartsoft.com and http://www.thinkology.com. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, the impact of competition; uncertainties in demand for and market acceptance of the company's products; changes in trade practices and the risk of trade practice litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; and the risks of developing products. These and other risks are described in the company's periodic SEC reports and filings. |
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