Analysts International Listed as One of Business Week's Top 100 World's Best-Performing Information Technology Companies
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Analysts International Ranked 43rd Among IT Companies
MINNEAPOLIS, Nov. 5 /PRNewswire/ -- Analysts International Corporation (Nasdaq: ANLY - news) has been named by Business Week as one of the world's top 100 best-performing information technology companies in what is fast becoming the world's most important industry. Business Week ranked Analysts International 43rd in its list published Nov. 2, 1998.
The ranking, based on information for Analysts International during the 12-month period ending June 30, 1998, was based on four criteria that were given equal weight: shareholder return, return on equity, revenue growth and total revenues. Analysts International excelled in the return on equity category, ranking 22nd.
''Analysts International continues to be a top-performing company in the rapidly growing IT industry because we offer what companies need -- a partner to bridge a company's business vision with the latest technology,'' said Frederick W. Lang, chairman and CEO. ''Companies turn to us when they need specialized expertise, both for development of new systems and for maintenance of their mission-critical software.'' Analysts International's continued success was demonstrated by a 34 percent increase in revenue and a 38 percent increase in net income in fiscal year 1998.
Headquartered in Minneapolis, Analysts International Corporation is a $587 million company that provides services to more than 900 corporate and governmental clients. Analysts International integrates expertise in technology application with an understanding of business issues to help clients make informed decisions concerning technology and overall information strategy. Located in 33 branch offices and 14 field offices in the United States, Canada and the United Kingdom, over 4,500 consultants provide a variety of IT services, including project management, systems analysis and design, application development, Year 2000 software compliance, software maintenance and training. The company is publicly traded on Nasdaq. For more information, visit the company's Web site at analysts.com
Statements contained herein which are not historical facts are forward-looking statements. Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may vary materially from those projected as a result of certain risks and uncertainties. Refer to discussions of certain of these risks and uncertainties in the company's Annual Reports, 10-Ks, 10-Qs and other Securities and Exchange Commission filings.
For more information, contact Curt Swenson of Swenson NHB Investor Relations, 612-371-0000, for Analysts International Corporation, or Gerald McGrath, Vice President & CFO of Analysts International Corporation, 612-835-5900.
SOURCE: Analysts International Corporation |
