Newsday, 6th Largest Metropolitan Newspaper in America, Ranks Computer Concepts Corp. Number 2 in Revenue Growth Among Top 100 Long Island Public Companies
June 8, 1998 12:57 PM
BOHEMIA, N.Y.--(BUSINESS WIRE)--June 8, 1998--Newsday , Long Island, New York's leading daily newspaper and the 6th largest metropolitan newspaper in America, today indicated in its Annual Top 100 Long Island Public Companies Business Report that Computer Concepts Corp. CCEE (CCC) ranked number 2 in five year revenue growth with a 214.3% growth rate.
Newsday's Business Report also indicated that Computer Concepts was the 84th largest public company on Long Island in terms of total revenues.
Jim Cannavino, former President and CEO of Perot Systems and senior vice president at IBM, who joined Computer Concepts in March, 1998 as Chairman of its Internet Strategy Committee and Chairman of the Board of its SOFTWORKS, Inc. subsidiary, commented "Internet related stocks are growing by leaps and bounds, and I believe Computer Concepts will experience substantial revenue growth over the next several years as its revolutionary Internet Information Server technology becomes firmly embedded in the world's computers."
Daniel DelGiorno, President and CEO of Computer Concepts Corp., indicated "We have worked long and hard to bring the dream of our shareholders to fruition, and that dream is being fulfilled in the form of Computer Concepts developing world class, leading edge technologies and becoming a profitable company in 1998 and beyond.
DelGiorno added "Recent events have proven that we have the ability to provide technologies and services to Fortune 100 companies, attract well respected industry professionals to our management team, and work with top firms in the investment community whose endorsement is priceless."
This release contains forward looking statements which are based on current information and on management assumptions, and are subject to other important factors disclosed from time to time in the company's Form 10-K and Form 10-Q, Registration Statements and other Securities and Exchange Commission filings including specifically, among other factors, changing marketing and economic conditions, timely roll-out of its products by licensees and acceptance of the company's Internet based d.b.Express, SST and Year 2000 technologies.
Computer Concepts Corp., headquartered in Bohemia, New York, develops |
