RedDot Continues Strong Growth; Adds New Customers Across the Globe; Strong Demand from Midmarket Organizations Drives Global Momentum.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- RedDot Solutions, a leading global provider of enterprise content management (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ) solutions for midmarket organizations, and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Hummingbird Ltd. (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 : HUMC HUMC Hackensack University Medical Center , TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : HUM), today announced continued growth as it executes on its midmarket Enterprise Content Management (ECM) strategy. "Our tremendous success across the globe reinforces our position as a leader in midmarket ECM," explains Niels Metger, 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. of RedDot Solutions. "RedDot's strong growth is largely due to our unique midmarket expertise and value-driven offerings. We provide our customers with easy-to-use software, that quickly helps streamline their business processes." 2005 RedDot milestones include:
-- Signed new global clients:
-- In North America: Alberta Motor Association, Brooklyn
College, Calamos Investments, Chum Limited, City of
Chattanooga, City & County of San Francisco Human
Services Agency, D&M Holdings, Home Hardware,
IGA Sobeys, McDaniel College, Much Law, Rhodes College,
Rider University, Stampin'up!, SUNY Suffolk County
Community College, and United Way of Greater Toronto.
-- In the United Kingdom: Aspen Insurance, Bumpto3, Higher
Education Funding Council for Wales, NSK, O2 and South
Yorkshire Fire and Rescue.
-- In Germany, Austria and Switzerland: ACE Auto Club
Europa, ACO Severin Ahlmann, B. Braun Melsungen, E.ON,
EURO I Fernsehproduktions- und Betriebs AG, EWE,
Fraunhofer IIS, Fronius International, Karl Storz,
Krankenhaus der Elisabethinen, Office Depot, Radio FFH,
RT-Reisen / RTK, Skandia Versicherung, Telegate,
Vorarlberger Kraftwerke, VPV Lebensversicherung, and
Waeco International.
-- In Australia: Fremantle Ports, Mayne Pharma, Maytag,
NEC Business Solutions, Sigma Company, SmartSalary,
Sunwater, Telstra, and Tourism Australia.
-- In South America: Codelco Chile, Colegio Santa Cruz
Brazil, Goodyear Brazil, and SEW Eurodrive Brazil.
-- Released innovative software: RedDot CMS 6.1 Web Content
Management Software enables "drag and drop" and in-line
editing and is the first ECM company to deliver an ECM
solution with fully integrated compliance management offering
web accessibility compliance to help organizations execute in
accordance with equal-access Web site legislation (508, DDA,
USRA, etc).
-- Continued leadership in midmarket ECM as a wholly owned
subsidiary of Hummingbird Ltd.
-- Named a "Strong Performer" for Intra- and Inter- net
initiatives in Forrester's Web Content Management Internal
Sites Wave in the April 15, 2005 Forrester Wave report, "Web
Content Management, Q1 2005."
-- Hosted the first North American Customer Summit in New York
City in coordination with RedDot's Customer Summit in Germany
with a combined audience of more than 400 attendees.
-- Extended technology partnerships with IBM, SAP, Easy Software,
and the Fraunhofer Institut FIT.
-- Opened a new office in Vienna, Austria.
-- Named to KMWorld's 2005 "100 Companies that Matter Most in
Knowledge Management."
"We are delighted to see continued and accelerated adoption of the RedDot suite by midmarket customers. Given the minimal overlap between our respective customers globally the continued midmarket momentum broadens our market reach and provides a solid foundation for balanced growth in the market segment," said Barry Litwin, President and CEO of Hummingbird. "The RedDot acquisition further strengthens our ability to generate incremental revenue by cross selling the RedDot CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. platform to our installed base of customers, which has further accelerated since the acquisition." About RedDot Solutions RedDot Solutions, a wholly owned subsidiary of Hummingbird Ltd, provides enterprise content management software to create and manage the content that drives business. Recognized throughout the industry as the fastest to implement and easiest to use, RedDot's software products XCMS XCMS X Color Management System XCMS Xml Cryptographic Message Syntax (Extended Content Management System), CMS (Web Content Management Software) and LiveServer are scalable solutions for Web content and document management, business process workflow, personalization and collaboration. RedDot Solutions has more than 1,400 clients worldwide, including The New York Times, March of Dimes
About Hummingbird Hummingbird Ltd. (NASDAQ: HUMC, TSX: HUM) is a leading global provider of enterprise software solutions. The Company's enterprise software solutions fall into two principal categories: enterprise content management (ECM) solutions, and network connectivity solutions. Hummingbird's ECM solutions enable organizations to manage the lifecycle of enterprise content from creation to disposition, thereby enabling organizations to address critical business needs, such as information management, business continuity, compliance and risk mitigation. The network connectivity solutions provide a comprehensive set of core network technologies that enables the enterprise to connect to any type of legacy system. Founded in 1984, Hummingbird employs over 1,525 people and serves more than 33,000 customers, including 90% of Fortune 100. Hummingbird solutions are sold directly from 40 offices worldwide and through an Alliance Network of partners and resellers. For more information, visit http://www.hummingbird.com |
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