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Subject: [announce] OASIS Member News: XyEnterprise Announces 37 PercentSoftware Revenue Growth, New Customers, Profitability
XyEnterprise Announces 37 Percent Software Revenue Growth, New Customers, Profitability READING, MA - August 14, 2002 - XyEnterprise, a leading developer of XML content management and enterprise publishing software, announced today that its software revenue increased more than 37 percent in its latest fiscal year. For the company as a whole, revenue grew 16 percent over the prior year. The company also announced that it has achieved operating profitability in the first quarter of its current fiscal year. XyEnterprise’s XML software solutions include Content@ Content Manager and XML Professional Publisher (XPP) software. Content@ users can create, update and share critical information from throughout a customer’s organization and manage that information within a single-source repository. The XPP high-speed composition engine can then assemble and publish any number of needed documents - from product manuals, catalogs, and data sheets to financial and legal publications, educational materials, and more - using real-time XML data. The company’s growth has been fueled by a significant number of new customers, as well as strategic reseller and OEM partners selecting XyEnterprise software to power their own products or integrated solutions. “We are especially pleased to enjoy this growth during these interesting economic times,” said Kevin Duffy, President and CEO of XyEnterprise. “Our customers and business partners are increasingly focused on the need to cost effectively create, manage and deliver content, often with reduced staff and resources. We have a proven track record in providing content management and automated publishing products that deliver a great R.O.I. Our products and services have become critical to our customers’ business operations and growth.” Customers such as the U.S. Navy, Kohler Plumbing Americas, Janes Information Group, LexisNexis, the Royal Australian Air Force, IBM, the U.S. Air Force, Pratt & Whitney, Sun Microsystems, NASA, Boeing, Embraer, and others are enjoying workflow efficiencies, enhanced production capabilities, and many also report substantial savings through their use of XyEnterprise solutions. New partners and resellers using XyEnterprise products to deliver integrated enterprise applications include Pennant, an international reseller of Content@; Corel, the provider of XMetaL XML editor; and Dakota Systems, an integrator of XML solutions. Through XML content management and publishing automation, XyEnterprise solutions enable organizations to: * Re-use structured and unstructured content accurately and consistently for standard or customized deliverables * Empower non-technical end-users through intuitive user interfaces * Increase accuracy and improve the efficiency of content create-edit-approve cycles via automated workflow software, a standard feature of Content@ * Dramatically reduce the time, costs and labor associated with creating and delivering technical, commercial and corporate content * Create personalized user output to a variety of formats and channels Contacts for this release include: Joy Blake Scott, Longleaf Public Relations, joy@longleafpr.com or 303-570-0947; Rich Pasewark, XyEnterprise, rap@xyenterprise.com or 781.756.4400. About XyEnterprise Xyvision Enterprise Solutions, Inc. (XyEnterprise) is the leading provider of single source, multi-channel XML publishing solutions. Its content management software - Content@ - and its automated XML publishing engine - XPP - power sophisticated solutions for global leaders in the publishing, technical documentation, financial, government, and e-Learning arenas. Its customers include Boeing, Bureau of National Affairs, Gulfstream, IBM, Thomson and Thomson, Sun Microsystems, LexisNexis, and many others. For more information, please contact XyEnterprise at 781.756.4400 or www.XyEnterprise.com <http://www.XyEnterprise.com # # # Copyright © 2002 Xyvision Enterprise Solutions Inc. All rights reserved. Xyvision, XyEnterprise, Content@, ProServ and the swirl logo are trademarks or registered trademarks of Xyvision Enterprise Solutions, Inc. All other product and/or company names mentioned herein may be trademarks of their respective holders.
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