PC DOCS Group International Inc. has reported its second quarter results. Revenue for the second quarter ended December 31, 1998 was $45.5 million, a 52% increase over the $29.9 million for the same quarter last year and 21% over the $37.5 million for the first quarter this year. Software license revenue rose by 41% to $23.9 million from $17.0 million last year and was 31% over the $18.4 million in the prior quarter. Compared to last year, revenue for the enterprise document management business was up by 66% and by 40% over last quarter. Earnings before interest, taxes, depreciation and amortization in the second quarter were $7.6 million compared with $4.3 million in the previous year. Net earnings were $2.8 million compared to $0.98 million for the same period last year. Fully diluted earnings per share were $0.12 compared to $0.05 in the previous year and $0.01 in the previous quarter. For the six months to date, revenue was $83.0 million, 49% over the $55.7 million for the same period last year. Net earnings, excluding the reversal of restructuring charge accruals, were $1.8 million for the six months to date compared to $1.6 million last year and fully diluted earnings per share were $0.07. www.pcdocs.com
Category: Content technology news (Page 622 of 627)
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Interleaf, Inc. announced the availability of Interleaf 7 (I7). This next-generation e-Content publishing solution enables workgroups in either Microsoft Windows or UNIX environments to author and publish complex documents to all current Web and e-Content formats – HTML, XML, SGML or PDF. I7 provides Interleaf’s installed base of 2 million users with a new way to publish complex Web documents by eliminating the need to tie content creation to the publishing format. www.interleaf.com
Bitstream Inc. announced the formation of a new, wholly owned subsidiary, PageFlex Inc., whose exclusive mission will be to develop, market, and support on-demand publishing software and related technology. On-demand publishing is the ability to dynamically generate business collateral, reports, and other kinds of documents directly from XML-formatted text and graphics data, and personalizing them on the fly for a particular customer. In particular, PageFlex Inc. will focus its sales and marketing efforts on two products: PageFlex, an XML-based publishing application that enables the fully automatic production of customized documents, and NuDoc, an XML-based composition engine, which serves as PageFlex’s underlying formatting engine. The current officers and directors of Bitstream Inc. will serve as officers and directors of PageFlex Inc. www.bitstream.com
Bluestone Software, Inc., the creator of Sapphire/Web, announced XwingML. XwingML is a public domain contribution from Bluestone labs that accelerates the learning curve for early adopters of XML/Java tools. Available today, XwingML is provided free-of-charge by Bluestone and can be downloaded at www.bluestone.com. XwingML was developed by Bluestone labs as the framework for creating Bluestone’s commercial dynamic XML products: Bluestone XML-Server, and Bluestone Visual-XML, a toolkit for building XML applications.
Arbortext, Inc announced it has received $10.25 million in second round financing. This round of funding was led by Invesco Private Capital and included investments from Norwest Venture Partners (as previously reported) and Access Capital. It will be used primarily to expand sales and marketing efforts. www.arbortext.com
ArborText also announced the appointments of new members to its executive management team. Joan Nevins has been named chief financial officer. Nevins joins Arbortext from PictureTel Corporation, where she served in several roles including CFO, vice president of marketing and vice president of Strategic Alliances. Steve Chambers joins the Company as vice president of marketing, where he will be responsible for all strategic and tactical marketing activities. Chambers spent six years at PictureTel Corporation, where he was most recently the vice president of worldwide marketing. Denis LeBlanc, formerly VP and general manager of Rational Software, was named vice president of North American sales, Kevin Jackson joins Arbortext as director of business development to lead strategic planning. PG Bartlett will assume the role of vice president of product marketing reporting to Steve Chambers. www.arbortext.com
Eastman Software, Inc. announced that it is shipping Document Manager for Microsoft Exchange (DMX) version 1.1, adding document management capabilities to Exchange Server and Outlook environments. DMX is part of the EASTMAN SOFTWARE Work Management for Microsoft Exchange family of products. Version 1.1 includes version control, document locking and audit trails. Pricing is $149 but is available as a free upgrade to version 1.0 customers. It has been localized for use in Dutch, French, German, Spanish, and Swedish. Japanese will be available in February 1999. www.eastmansoftware.com
Inxight Software announced a program for non-profit organizations and educational institutions that offers Inxight’s Hyperbolic Tree technology for creating interactive website maps. The free program gives webmasters and/or web designers the tools to create an intuitive and interactive single-screen site map that enables their website visitors to find information quickly and easily. The Program includes proprietary prototype software that automatically “crawls” the contents of their website and creates a “tree file.” It also includes a simple-to-use “editor” that allows the webmaster to make modifications resulting in a Hyperbolic Tree site map that can be color coded to show related topics with live links that enable a user to easily find the information desired and click directly to the page of interest. Qualifying organizations, whose websites typically have URLs in the .edu and .org domains, can join the program by registering online at Inxight’s website.
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