Programart named one of top 100 software vendors by Software Magazine; Moves up 10 positions over last year's rankings.CAMBRIDGE, Mass.--(BUSINESS WIRE)--July 8, 1996-- Programart Corporation, the leading provider of application performance management (APM (Advanced Power Management) A programming interface (API) from Intel and Microsoft for battery-powered computers that lets programs communicate power requirements to slow down and speed up components. See ACPI. APM - Advanced Power Management ) software products and service offerings for IBM's MVS (Multiple Virtual Storage) Introduced in 1974, the primary operating system used with IBM mainframes (the others are VM and DOS/VSE). MVS is a batch processing-oriented operating system that manages large amounts of memory and disk space. environment, today announced that it has been named one of the top 100 independent software companies in Software Magazine's 14th annual Software 100 rankings. Programart placed 92 in the rankings, a jump of 10 positions from last year's rankings. The results of the program are published in the July 1996 issue of Software Magazine. Software Magazine's Software 100 rankings are based on total worldwide packaged software See software package. revenue for 1995, including license fees, maintenance, and support. Revenue from professional services/consulting, custom programming, training, and hardware sales is excluded. The Software 100 ranks only those independent software companies that target managers of enterprise-wide software resources and buyers who support central and departmental data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a . "We are pleased that Programart has been recognized as one of the top-ranked independent software companies in the world," said John Thron, president of Programart Corporation. "Equally gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. is the knowledge that Programart outperformed many of the companies in the survey with a growth rate of 29 percent, an R&D investment of 21 percent of revenues, and a net income of 21 percent of revenues. We believe this growth can be attributed to our company's commitment to providing the products and service offerings our customers need to compete successfully in today's market." Programart Corporation, based in Cambridge, MA, develops, markets, and supports APM products and service offerings that enable more than 1,100 sites worldwide to manage the performance of their business-critical applications throughout the application life cycle. For more information on Programart's APM offerings, contact Programart by calling (617) 661-3020, sending a fax to (617) 498-4010, or writing to info@programart.com. -0- Programart and APM are registered servicemarks of Programart Corporation. 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) and MVS are registered trademarks of International Business Machines Corporation. CONTACT: Nora McGuinness Programart Corporation (617) 498-4046 Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the : mcguinness@programart.com |
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