Press Release
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INFOGLIDE SOFTWARE NAMED TO SOFTWARE MAGAZINE'S 22ND ANNUAL SOFTWARE 500
Software Magazine Ranks the Infoglide Software as one of the World's Largest Software Companies
AUSTIN, Texas; September 23, 2004 - Infoglide Software Corporation, the leader in the emerging transactional business intelligence market, today announced its inclusion on the Software 500, Software Magazine's list of the world's foremost software and services providers. Infoglide Software was ranked #448, with software revenue of $4.7 million.
"Our ranking demonstrates the value of our software in enterprise risk management applications," said Michael Shultz, president and CEO of Infoglide Software. "With the progress that we're making in the government market both in the U.S. and internationally, along with our success in the financial services and retail sectors, we expect to have an even stronger ranking next year."
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting enterprise IT organizations. The list includes both private and public companies; 30% of the 2004 Software 500 companies are private. The Software 500 is a worldwide list in that any company may submit financial and product information via the annual Software 500 survey, conducted 100% on the Web.
The ranking is based on total worldwide software and service revenue for 2003. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.
"The software industry remains extremely dynamic, with 140 new companies appearing on the 2004 Software 500 list. Overall results were mixed but total revenue for the 500 was up 14% and total employment up 8%," said John P. Desmond, editor of Software Magazine and Softwaremag.com.
About Infoglide Software Corporation
Infoglide Software Corporation (www.infoglidesoftware.com)
is the leader in the emerging transactional business intelligence
market. Infoglide Software provides a new generation of enterprise
software that enables organizations to apply business intelligence
in an operational environment by integrating real-time transactional
data with remote and disparate historical data to achieve true enterprise
intelligence. The company's enterprise software, Bladeworks™,
enables more accurate and informed decisions; streamlines operational
processes; increases efficiencies and reduces operational costs;
transforms data in real-time into useful and useable information;
improves customer service and customer interaction; and drives more
profitable relationships with customers. Bladeworks is used in business-critical
applications including enterprise risk management, automated fraud
detection, enterprise identity management, transactional CRM, compliance,
enhanced data connectivity, and enhanced data mining. Current markets
include financial services, information services, transportation,
retail, e-business, insurance, government, and CRM. Incorporated
in 1996, Infoglide Software is a privately held company headquartered
in Austin, Texas.
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Infoglide®, Infoglide Software™, Infoglide Software logo, and Bladeworks™ are trademarks of Infoglide Software Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.
