OASIS Mailing List ArchivesView the OASIS mailing list archive below
or browse/search using MarkMail.

 


Help: OASIS Mailing Lists Help | MarkMail Help

announce message

[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [Elist Home]


Subject: [announce] Arbortext Grows License Revenue 33% in Third Quarter



Arbortext Grows License Revenue 33% in Third Quarter

Growth driven by new deals in life sciences; strong repeat business

ANN ARBOR, Mich., November 19, 2002 -- Arbortext, Inc., the only global
provider of XML-based multichannel software that enables the creation,
editing and publishing of information to Web, print, CD-ROM and wireless
from a single source of content today announced that it achieved 33%
year-over-year growth in license revenue, resulting in record revenue for
the quarter ending September 30, 2002.  Many new customers supported this
growth, including major pharmaceutical companies, large medical device
manufacturers and government agencies.

The continued growth and strong repeat business is driven by Arbortext’s
ability to demonstrate ROI for its multichannel publishing software.  New
and additional business came from global customers including Cessna
Aircraft, Infinium Software, MAN Nutzfahrzeuge AG, Maryland General
Assembly and Motorola.

”It’s gratifying to see our success in the life sciences, defense and
government industries,” said Raymond Schiavone, president and CEO of
Arbortext.  “Our customers understand the remarkable ROI potential
Arbortext software provides, which include bringing new and revised
products to market faster, complying with complex regulatory requirements
and avoiding manufacturing delays.”


Third Quarter Highlights
·	Arbortext announced its focus on the life sciences industry.  Arbortext’
s Epic software provides the cornerstone for organizations to efficiently
create, manage and publish new drug applications, product information, and
written documentation of procedures that support the methods, facilities
and controls used in the preparation, processing and packaging of
pharmaceutical and medical products.
·	Epic version 4.3 was shipped.  This version provides state-of-the-art
advancements in authoring, publishing and applications development.
·	Arbortext was presented with Computerworld’s Innovative Technology 2002
award. This award recognizes excellence and innovation in technology
applications for business operations that result in better business
processes and reduced costs.

About Arbortext
Arbortext is the only global provider of XML-based multichannel software
that enables the creation, editing and publishing of information to
multiple media types – Web, print, CD-ROM, wireless – from a single source
of content.  Shipping since 1991, Arbortext’s standards-based software
supports technical publishing, reference publishing and business
publishing applications that enable enterprises to provide more accurate,
cost-efficient, complete, timely, consistent and usable information on all
media. Arbortext’s software is installed at over 300 large multinational
organizations. Current customers include American Express Financial
Services, Audi, Boeing, British Aerospace, Caterpillar, DaimlerChrysler,
Ericsson Telecom, Ford, General Electric, GM, IBM, International Thomson
Publishing, Lucent, Nokia, Nortel Networks, PeopleSoft, Pfizer, Qantas,
Ricoh, Sun Microsystems, United Airlines, Volkswagen, Volvo and West
Group. Arbortext is a founding member and active participant in the XML
Activity of the World Wide Web Consortium (W3C). Headquartered in Ann
Arbor, Michigan, USA, Arbortext has offices around the world.  For more
information please visit http://www.arbortext.com.
# # #

Contact: 	Beth Ambaruch, APR			Daylan Burlison
	  	Arbortextâ, Inc.				Phase Two Strategies
	  	+1 734.327.6014				+1 212.530.7547
	 	bea@arbortext.com				dburlison@p2pr.com

		Press room:  http://www.arbortext.com/html/press_room.html



[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [Elist Home]


Powered by eList eXpress LLC