How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 489.61

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3:24 PM EST

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To: P.T.Burnem who wrote (50889)	10/9/2000 5:55:47 PM
From: johnd	Read Replies (1) of 74651

Aelita Software Achieves Record Revenue In Second Quarter 235 Percent Increase in Revenue Fueled by Windows 2000 Acceptance, Aelita´s Most Aggressive Product Rollout in Industry COLUMBUS, OHIO (July 24, 2000) - Aelita Software, which provides award-winning Microsoft-centric products to Fortune 1000 companies worldwide, today announced record revenue for the second quarter of 2000. The privately held company posted a 235 percent increase in revenue over the same period last year. June was the second best sales month in the history of the company, producing a 330 percent increase over sales in June 1999. The company attributes its growth to the successful introduction of products that support Microsoft Windows 2000, a growing sales force and new senior management in sales and marketing. "Our strategy has been to have aggressive development surrounding our Windows 2000 initiative," said Aelita President and CEO Ratmir Timashev, adding that the company is on pace to triple its revenues this year. "Windows 2000 is enjoying a more rapid penetration into the marketplace than anticipated, so our strategy paid significant dividends earlier than projected."

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