HERE IS WHAT YOU NEED TO KNOW ABOUT SBAS:
STARBASE
StarBase offers a complete family of advanced Internet and
Intranet-based technical collaboration products for Web site production, e-commerce application development and software configuration management for mission-critical applications. StarBase products are designed to improve development team productivity throughout.
RECENT SALES & CUSTOMERS
In the second quarter the company received numerous repeat orders from marquis customers such as Hewlett-Packard, Anderson Consulting, Siemens, Booz Allen Hamilton, 3DFX and Manhattan Associates. New customers like Automationdirect.com, Abuzz, Nethot Development,
Transaction Information Systems, Trend Micro Inc. and Mayo Foundation have also found their software configuration management solutions in StarTeam's eBusiness Life Cycle Management offering.
DEVELOPMENT PARTNERS
Leading organizations such as Hollywood Entertainment, Bank of America, Boeing, Dell Corp., Intel Corp., Sprint and Xerox have chosen StarTeam to aid in their development projects.
OPEN AVENUE
StarBase is a majority holder of OpenAvenue, perhaps the most exciting project in Open Source content (Linux). It will be the home,or main street, for the dynamic Linux community,ÿwhere users, developers, and project owners will conduct the business of open source projects. For more info, check out www. OpenAvenue.com. For many investors, OpenAvenue alone makes StarBase a bargain.
BALANCE SHEET
"Our balance sheet was very strong at the end of September withover $6.1 million in cash and $1.3 million in deferred revenue, which will be recognized over the subsequent 12 months," stated William R. Stow III, chairman and chief executive officer.
GROWTH
Revenue for the quarter ended Sept. 30, 1999, increased to
$3,712,000, compared with $1,644,000 for the quarter ended Sept. 30, 1998, a 126 percent increase.
EARNINGS
Correspondingly, loss per share for the second quarter ended Sept. 30, 1999, decreased to $0.04 from a loss of $0.15, as reported for the same period last year. Expectations are for a PROFITABLE year 2000.
STARTEAM
StarTeam 4.1 was released in July 1999 providing an important step toward the support of large development teams working on eBusiness applications. The new functionality in StarTeam 4.1 includes support for market-leading application server solutions including:
NetDynamics from Sun MicroSystems and HahtSite from Haht Software. In addition, StarTeam 4.1 adds new integrations with Rational Rose, a market-leading modeling tool, and Microsoft J++, a JAVA development environment.
ACCLAIM & AWARDS
StarTeam received "Two Thumbs Up" from New Media in May 1999 and Four Stars from Software Development in August 1999, as well as named the 25th fastest-growing ISV for Windows by Microsoft and CMP Media in April 1999 and "Best of the Test Center" by InfoWorld in January 1998.
ACQUISITIONS
StarBase recently acquired ObjectShare.
"With a strong balance sheet and the recent announcement of the acquisition of ObjectShare, we are now well positioned to fully execute on our recently announced strategy for the eBusiness application development market. We expect ObjectShare to contribute high-end consulting and training that will play a critical role in our eBusiness solution and additionally make a significant contribution to
revenue and profitability," continued Stow.
OTHER
? Top-notch management.
? Uniquely positioned in the hottest software sector: open source.
? Linux play for the short-term trader. Value play for the longer term trader. |
