Here's a Canadian Software company to watch. This company is positioning itself well and is growing very rapidly with its award winning internet software products. For a comparison check out MMXI and ADFC. Also have strategic alliances with MALL and Ingrim Micro. BPI is now concentrating their efforts on marketing from R&D so they are difinitely going to be on the rise.
Big Picture Technologies Announces Significant Q1 Results
Web Products Fueling Revenue Growth
CALGARY, April 21 /CNW/ - Big Picture Technologies Inc (ASE:BPI) is
pleased to announce another increase in revenue for the first quarter 1999.
Revenues for the three month period ended March 31, 1999 of $189,621.00
represents an increase of 134% over revenues reported for the first three
month period ended March 31, 1998. The revenue for the first quarter of 1999
represents nearly 50% of the total revenue earned in fiscal 1998.
Big Picture Technologies new Web product, Smart Site(TM) 2.0, was
launched during the first quarter of 1999 and has experienced strong sales
volumes during the period. Mortar(TM) 2.0 was launched and began shipping
towards the end of the third quarter of 1998. Software sales now attribute
for over 60% of the company's total revenue and have dramatically increased
quarter over quarter results.
''Our Web products are starting to show strong, market-leading growth. We
believe that our marketing and business strategies continue to work
effectively. The market's reaction to our Web products and product plans, as
well as our distribution and marketing strategies, give us confidence as we
enter the second quarter of the fiscal year,'' stated Michael Anthony,
President and CEO.
The growth of the Company and accelerating demand for its product lines
has resulted in the need for additional senior management. In a directly
related move, Big Picture Technologies is pleased to welcome Mr. Peter Lossing
to the senior management team as Vice President, Marketing and Sales. Mr.
Lossing has contributed towards the success of various commercial ventures,
primarily in entrepreneurial settings, over a twenty-year span and has held
senior positions in publicly-traded enterprises as both an officer and
director.
Mr. Lossing has well over 10 years software marketing and channel
experience in various senior capacities. His relationships with distributors,
resellers and channel partners will prove a valuable asset to Big Picture
Technologies as the company continues to aggressively expand market share for
its product lines.
Big Picture Technologies Inc. (ASE: BPI) is an Internet software and web
developer dedicated to the development of tools, applications and content for
professional Internet development. Big Picture Technologies award winning web
tool include Mortar(TM) 2.0 and Smart Site(TM) 2.0. Free 30 day trial versions
are available through the Web site. Big Picture Technologies Inc. is located
at Suite 1700, 734-7th Avenue SW, Calgary, Alberta, Canada, T2P 3P8, and can
be contacted at 403.265.8018, or by email at success@bigpic.com. The Big
Picture Technologies Inc. Web site is located at bigpic.com. All
other trademarks, trade names or service marks are the property of their
respective owners.
THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE
INFORMATION CONTAINED HEREIN.
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For further information: Susanne Harvey-Jedlicksa, (403) 265-8018, Toll
Free (888) 424-4742, Fax: (403) 265-8013 |
