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Computer Concepts Ranked First Among Region's Technology Companies
in Revenue Growth
BOHEMIA, N.Y.--(BUSINESS WIRE)--Oct. 24, 1997--
Regional Fast 50/National Fast 500 Program Identifies Region's
Fastest Growing Companies
Computer Concepts Corp. (NASDAQ:CCEE) has been ranked the fastest growing high technology company in the region by
Regional Fast 50/National Fast 500, a national program that ranks technology companies by region.
Computer Concepts Corp. outpaced the other forty-nine companies in the survey in terms of revenue growth from 1992
through 1996. Computer Concept Corp.'s revenues, which were in excess of $19 million for 1996, grew at a rate nearly
seventeen times that of the number two ranked company.
Other companies ranked among the top 50 technology growth companies include Excel Technology, Inc. (No. 4), Avnet, Inc.
(No. 17), Arrow Electronics (No. 22), Computer Associates Intl. Inc. (No. 29), and Audiovox Corp.(No. 50).
''We have worked extremely hard to achieve this level of revenue growth in the last five years, and we anticipate significant
future revenue growth, especially from our patented Internet data mining software, d.b.Express Internet Server, and our
SOFTWORKS, Inc. subsidiary's full suite of Year 2000 date conversion software products'' stated Dan DelGiorno, Jr.,
President and CEO of Computer Concepts Corp.
The 1997 Regional Fast 50/National Fast 500 program is a unique program that recognizes fast growing, public and private
companies in the United States, ranked by 5-year revenue growth from 1992 through 1996. It is designed to focus on
technology companies, increasingly the most vigorous economic development engine in the nation. All participants in the
Regional Fast 50's are eligible for the National Fast 500 program, which will be released in November. Among the region's
program sponsors are Deloitte & Touche LLP, the NASDAQ Stock Market, Inc., the Bank of New York, and Newsday, a
part of the $3 billion Times Mirror Corporation.
Computer Concepts develops software tools including d.b.Express(TM) that assist end users in the retrieval and visualization of
all types of data. Computer Concepts' d.b.Express Internet Server(TM) has recently been integrated with British Telecom's
Syncordia Services C-View software application which allows BT's customers to access and analyze the high volumes of
technical and account information available within BT's Internet-based databases without having to download the data to their
own computers. The new d.b.Express Internet Server(TM) and JAVA Applet have overcome a major Internet problem, that
of high data volume and limited bandwidth, currently responsible for the lengthy delays associated with data downloading.
Computer Concepts' wholly owned SOFTWORKS subsidiary is a leading global provider of IT solutions for the enterprise
including a suite of tools which provide Year 2000 solutions. SOFTWORKS responds to the data management needs of more
than 1,800 organizations worldwide, supporting customers, including nearly 80% of the Fortune 100, in more than 50
countries.
Located in Bohemia, New York, Computer Concepts and its subsidiaries employ a staff of 186. For more information about
Computer Concepts and SOFTWORKS, call (516) 244-1500 or visit Computer Concepts' web site at
www.computerconcepts.com or SOFTWORKS' web site at www.softworkscc.com.
Contact:
Computer Concepts Corp.
Leigh Athans, Mgr. Investor Relations
Gary Kolesar, VP Investor Relations
(516) 244-1500
or
Media Contact:
Manhattan Media Associates
Fielding Dupuy (212) 633-2283 |
