Printer Friendly

ATTACHMATE POSTS RECORD REVENUES FOR EIGHTH CONSECUTIVE YEAR

 BELLEVUE, Wash., Feb. 23 /PRNewswire/ -- Attachmate Corp., the industry leader in connectivity software, announced today that its worldwide revenues for 1992 were approximately $120 million, a 20 percent increase over 1991.
 The results marked the eighth consecutive year of record revenues for the privately held firm. Attachmate has been profitable since 1985.
 "By any measure, 1992 was a very successful year for Attachmate," said G. Wayne Smith, president and chief executive officer of Attachmate Corp. "We have every reason to believe 1993 will be better."
 Attachmate in 1992 introduced several new or enhanced products including EXTRA! for Macintosh; version 3.0 of its 3270 Gateway Option; and the LAN Administrator's Toolkit. In addition, Attachmate enhanced its strategic alliances with other industry leaders; increased its marketing efforts; and invested in the company's future by stepping up its new product development effort.
 "We are not resting on our laurels. We are aggressively moving forward to building on our market leadership," Smith said. "We will be expanding our connectivity support to include additional host computw?ay produ cts and networking protocols."
 Attachmate's continued strong financial results are evidence of widespread market acceptance for the company's EXTRA! family of connectivity software, which provides connectivity between perws connectivity so ftware, with a 34-percent market share, according to the most recent statistics from the market research firm International Data Corp (IDC).
 Attachmate also is the market leader in Windows connectivity software -- the fastest growing segment of the connectivity software market -- with 32 percent, according to IDC, These statistics are for the first half of 1992. Attachmate said its revenues for its popular EXTRA! for Windows connectivity software in 1992 were approximately $47 million.
 The company achieved impressive growth in international sales, which accounted for 31 percent of Attachmate's revenues in 1992. Attachmate has opened five new offices, most recently in Ireland, Singapore and Japan. Currently, Attachmate has 45 field offices in 14 countries.
 Founded in 1982, Attachmate Corp. has 680 employees. The company, which has funded its growth solely by revenues, has no long-term debt. Attachmate is among the 50 largest software companies in the United States, according to the computer trade magazines Software Magazine and Datamation, both of which publish annual rankings of software vendors according to revenue.
 Attachmate's EXTRA! connectivity software includes development tools that help companies enhance the value and end-user productivity of mission-critical, host-based applications. Attachmate announced in January 1993 ZIP!Office, a LAN-based electronic mail and scheduling program that provides industrial-strength connectivity between LAN-based e-mail packages and IBM's PROFS.
 Attachmate maintains direct sales offices in the United States, Canada and Europe and distributes its products worldwide. Attachmate Corp., 3617 131st Ave. SE, Bellevue, WA 98006. Tel 800-426-5283.
 -0- 2/23/93
 /CONTACT: Gari Grimm, chief financial officer of Attachmate, 206-644-4010; or Rob Fuggetta, 415-354-4404, of Regis McKenna, for Attachmate/


CO: Attachmate Corp. ST: Washington IN: CPR SU: ERN

SG-GT -- SJ002 -- 9229 02/23/93 08:06 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 23, 1993
Words:486
Previous Article:SEVEN SEAS CRUISE LINE STRENGTHENS NORTH AMERICAN SALES FORCE; BARBARA STAIGER AND KATE ALGERIA JOIN AS DIRECTORS OF SALES
Next Article:BIG B ANNOUNCES PROPOSED ACQUISITION AND PROPOSED OFFERING
Topics:


Related Articles
THERMO ELECTRON ANNOUNCES RECORD YEAR-END RESULTS
ATTACHMATE ZIP!OFFICE WINS CERTIFICATION FOR IBM MAIL EXCHANGE
NOVELL TO TRANSFER 3270 WORKSTATION BUSINESS TO ATTACHMATE CORPORATION; PARTNERSHIP ALSO INCLUDES JOINT DEVELOPMENT AND MARKETING AGREEMENT
ATTACHMATE AND NOVELL SIGN JOINT DEVELOPMENT/MARKETING PACT
ATTACHMATE ANNOUNCES EXTENSIVE DEVELOPMENT AND MARKETING EFFORTS WITH MICROSOFT FOR ACTIVEX
Simba Technologies Inks Middleware Deal With Attachmate
Aventail and Attachmate Expand Market for Virtual Private Networking
Suzuki sets new record highs in consolidated financial results for fiscal year 2007.
ATTACHMATE GETS "COMPATIBILE WITH WINDOWS 7" LOGO.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters