...and the good news just keeps rolling in!! Here is today's installment. After rising almost 5 points yesterday on excellent earnings, the company announced today that they landed a sizeable add-on contract to an existing major customer. See the story below:
Wednesday April 29, 8:02 am Eastern Time
Company Press Release
SOURCE: New Dimension Software
New Dimension Software Awarded $1.7 Million Professional Services
Contract by Logicon, Part of Defense Information Systems Agency's
I-CASE Contract
New Contract to Accelerate Implementation of New Dimension Software Products Across Defense Information Systems Agency Mega Centers
IRVINE, Calif., April 29 /PRNewswire/ -- New Dimension Software (Nasdaq: DDDDF - news) announced today that it has been awarded a $1.7 million contract by Logicon, a subsidiary of Northrop Grumman, to provide consulting and professional services for CONTROL-Ma and CONTROL-Ra products at four of the 16 Defense Information Systems Agency (DISA) Mega Centers nationwide.
The new contract builds on New Dimension Software's existing relationship with DISA and Logicon. In April 1997, the Company was awarded a $4.3 million contract from Logicon to provide Integrated Operations Architecturea for the Enterprise (IOAa/Enterprise) products, as well as a range of services, for all 16 Department of Defense Mega Centers. These data centers house a complex combination of MVS, UNIX, Unisys and Tandem computers and are responsible for all administrative, financial and logistics processing for the entire Department of Defense. This environment is currently being consolidated into six locations nationwide, with a wide range of upgrades to ensure more efficient operations and year 2000 compliance.
''We are very pleased to build on our relationship with Logicon and DISA and to provide the federal agency with these added services,'' said Darroll Buytenhuys, president of New Dimension Software. ''Due to its size and complexity, the DISA project has allowed us to exploit many of the advanced features and capabilities of our IOA/Enterprise products. We are enthusiastic about the opportunity to work closely with DISA toward these new objectives.''
For More Information
For more information on New Dimension Software products, contact the sales department at 800-347-4694. For sales
inquiries outside of North America, contact the Company's headquarters in Tel Aviv at 972-3-645-1111. Inquiries can also be directed to the Company's home page at www.ndsoft.com.
New Dimension Software
New Dimension Software is a premier developer of systems management software for complex distributed systems. With the Company's tightly integrated family of products, all aspects of enterprise production, output and security management can be effectively managed. By managing the flow of information between applications, systems, end users and administrators, New Dimension Software products allow organizations to achieve their business goals. Founded in 1983, the Company is based in Tel Aviv, with its North American subsidiary's headquarters in Irvine, Calif. and regional offices throughout the United States, Canada, Mexico and Australia. The Company's products are currently licensed to over 2,150 customers in more than 40 countries.
Certain statements made herein that are not historical, using the terms ''estimate,'' ''intend,'' ''expect,'' ''believe,'' and similar expressions, are forward looking statements within the meaning of the Private Securities Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance and achievements of the Company to differ materially from those implied by such forward-looking statements, including risks associated with carrying out strategic relationships (including termination of the relationship); changes in business conditions and growth trends affecting the Company's products and markets; timing of development, announcement and introduction of new products by the Company and its competitors, and the market demand for such products; continuing availability of key components and technologies; changes in consumer and business purchasing patterns, and other factors listed from time to time in reports filed by the Company with the Securities and Exchange Commission from time to time.
Integrated Operations Architecture, IOA, CONTROL-M and CONTROL-R are registered trademarks of New Dimension
Software, Ltd. New Dimension Software recognizes all other companies' trademarks.
SOURCE: New Dimension Software
|
