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Technology Stocks : TREV (IMGX - Network Imaging, by another name)

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To: Gary s Gilbert who wrote (60)11/9/1998 12:09:00 PM
From: Susan Saline  Read Replies (1) of 108
 
TREEV, Inc.

(NASDAQ:TREV - news) is a leading developer and marketer of integrated document management solutions. Built on its award-winning patented object management technology, TREEV's software products are marketed through partners such as Sybase, Lockheed Martin, ALLTEL, EDS and Intergraph, and its customers include Fortune 500 companies in such markets as banking and financial services, manufacturing and telecommunications. TREEV has taken a number of steps in the last year to reposition itself for growth and profitability, including a divestiture and restructuring program, upgraded products, new management team and significant balance sheet improvements. The company achieved its break-even operating profit target in the third quarter, with quarterly sales reaching $8 million, and gross profit margins increasing from 43% to 58%. TREEV expects to report its first profitable quarter in history for the fourth quarter.

TREEV will be presenting on Wed., Nov. 11 and Thurs., Nov. 12 at
the AEA Classic.
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