I-Logix Closes Q3 At Record Highs; I-Logix Sales, Growth, Profitability Strong in Q3 2005.ANDOVER, Mass. -- I-Logix(http://www.ilogix.com)enthusiastically announced today, just after closing their 3rd quarter, that Q3 was the highest bookings quarter in the company's history with a growth of 51% over Q3 2004. With 31% total revenue growth for all products and services, bookings for Rhapsody (1) A subscription-based online music service from RealNetworks that gives users unlimited access to a vast library of major and independent label music. Within a single interface, Rhapsody provides access to streaming music, Internet radio and extensive music information and , the company's flagship Unified Modeling Language See UML. (language) Unified Modeling Language - (UML) A non-proprietary, third generation modelling language. The Unified Modeling Language is an open method used to specify, visualise, construct and document the artifacts of an object-oriented software-intensive system (UML (Unified Modeling Language) An object-oriented analysis and design language from the Object Management Group (OMG). Many design methodologies for describing object-oriented systems were developed in the late 1980s. ) / Model-Driven Development (MDD MDD Major depressive disorder, see there ) solution, grew by an astounding a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, 71%. Operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. grew, year-over-year, by almost 60% and for the first time this year, operating income, as a percent of sales, was in double digits while the company's net cash position reached a new record. The company reported that while there continues to be outstanding growth in Japan, sales in the USA and Europe far exceeded both expectations and operating plans. I-Logix credits the exceptional quarter to a continued shift of UML / MDD solutions from early adopter to mainstream, coupled with an unprecedented interest in, and acceptance of, the company's latest version of Rhapsody 6.1. This feature-packed release includes two completely new standalone systems modeling and SysML compliant products, notably Rhapsody Systems Architect and Rhapsody Systems Designer, both of which, in addition to the entire Rhapsody family, optionally integrate to the latest I-Logix high-powered Department of Defense Architecture Framework The Department of Defense Architecture Framework (DoDAF) defines a standard way to organize an enterprise architecture (EA) or systems architecture into complementary and consistent views. All major U.S. (DoDAF) module offering DoDAF compliant input and output. Additionally, Rhapsody 6.1 extends a new user customizable rules based code generator, a new small footprint C language code generator plus new MISRA C code generation capabilities. "Our products are the modeling tools of choice for all technology sectors, from automotive to aerospace/military to telecommunications to consumer to industrial automation and to medical market applications," Gene Robinson, 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. I-Logix, said. Robinson further added, "In Q3 2005, I-Logix recorded the highest number of orders exceeding $100,000 in the company's 18-year history." The company reported that sales in all industry segments were strong with exceptional sales in the Telecommunications sector, where one order, which exceeded $750,000, replaced a competitive installation at sites in both the UK and the USA. About I-Logix Founded in 1987, I-Logix is the worldwide leading provider of Collaborative Model-Driven Development (MDD) solutions for systems design through software development focused on real-time embedded applications. Headquartered in Andover, Massachusetts I-Logix has sales and support centers throughout North America, Europe and the Far East. |
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