OASIS Member News: Parasoft Q2 Revenue Growth

[erika@parasoft.com (Erika Delgado)]

*Good Day Oasis Members:
*

Below you'll find today's press release.

Should you have any questions or like to know more information on 
Parasoft, please feel free to contact me.

Best,
Erika

*Parasoft Q2 Revenue Growth Fueled by Increased Corporate Investment in 
Improving the Reliability of Software Systems*//

*August 8, 2005 – Monrovia, CA –* Parasoft Corporation, leading provider 
of automated error prevention solutions, announced today that its Q2 
revenues grew 140 percent for the quarter year over year, and revenue 
performance for its industry leading automated web services testing 
product, SOA Test, more than tripled year over year. Amongst the over 
150 organizations that purchased Parasoft solutions in the quarter to 
help improve the reliability, performance and security of their software 
were SBC, United Defense, AOL, Bloomberg, Fidelity Investments, Sabre 
Holdings, Autodesk, Lockheed and Wells Fargo.

“In Q2 we saw significant increases in license sales to companies making 
their initial investment in developer focused automated test and 
analysis solutions,” said Mark Johnson, Parasoft Senior Vice President 
of Marketing. “But more significantly, it was existing customers 
expanding their usage and application of our products across multiple 
projects, multiple languages and multiple locations that resulted in 
significant revenue growth for us. Customer’s are seeing results and 
expanding their ability to improve the security, reliability and 
performance of the software they are developing and deploying across 
their enterprise.”

Parasoft combines products, services and best practices to help 
customers automatically prevent errors, improve software quality, and 
reduce costs. SOA Test is part of a team-wide automated error prevention 
product suite that standardizes and manages an application across the 
entire development organization. Parasoft products are currently 
deployed in thousands of enterprises worldwide deploying Web services, 
Java, C/C++ and .NET applications.

*About Parasoft*

Parasoft is the leading provider of innovative solutions that 
automatically identify and prevent software errors from reoccurring in 
the development and QA process. Developed with Automated Software Error 
Prevention (AEP) methodologies, its award-winning, patented solutions 
enable software development organizations to reduce delivery delays and 
improve the quality, security and predictability of enterprise 
applications. Parasoft has more than 10,000 clients worldwide, including 
Bank of America, Boeing, Cisco, Disney, HP, IBM, Lehman Brothers and 
SBC. Founded in 1987, Parasoft is headquartered in Monrovia, CA. For 
more information visit: www.parasoft.com <http://www.parasoft.com/>.

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-- 
Regards,

Erika Delgado
Parasoft Corporation           	
101 E. Huntington Drive 2nd Floor        
Monrovia, CA. 91016
voice: (626) 256-3680 ext. 1271	fax: (626) 256-6884
email: erika@parasoft.com 	            web: www.parasoft.com