RIMS is one I follow as well...it is similar in some respects to another stock I own in the middleware/internet solutions sector that is demonstrating a dramatic increase in earnings and revenue...Vertex Industries (VETX OTC BB 1.44/1.63). VETX has posted two strong qtrs in a row...4th qtr ended 7/30/98 + 1st qtr ended 10-31/98 showed rev of $3.76m vs $1.25m and net inc of $781k or 12 cents vs loss of ($751k or 14 cents).
RIMS (formerly Robocom) looks to me as tho they are on their way to becoming profitable and I like their new WMS product. VETX also introduced new software last month that I find particularly interesting due to XML interface:
Vertex Announces 'evolve,' the First Extensible
Markup Language (XML) Interface for Legacy Systems
SAN JOSE, Calif., Oct. 26 /PRNewswire/ -- Vertex Industries, Inc. (OTC Bulletin Board: VETX - news), a leading systems
integration and middleware solutions provider, announced today the availability of ''evolve,'' the first legacy-to-web integration
product that uses the Extensible Markup Language (XML) interface. The new product announcement was made at the
International Tandem Users Group (ITUG) show in San Jose, CA.
Through the use of XML, the emerging standard for describing data on the web, ''evolve'' has the ability to take
self-descriptive messages and exchange them with legacy applications in their native form. Traditional messaging middleware
requires applications to be concerned with the representation of message data on disparate platforms. Rather than using
traditional messaging middleware to access remote applications, ''evolve'' allows front-end applications to benefit from flexible
data definition and message population, while permitting legacy applications to work with the native format messages they are
accustomed to.
'''evolve' is the natural evolution of classic middleware into Web-based computing,'' said Ron Byer, President and CEO of
Vertex Industries, Inc. '''evolve' extends your business enterprise to your customers on the web, by reducing your
time-to-market for web applications that require interaction with corporate MIS infrastructure,'' continued Byer.
''evolve'' allows web-enabled users in any industry to check inventory availability, track order status, transfer funds and pay
bills. It does so by providing the framework for applications that can interact with corporate systems in a straightforward
manner. The need for human intervention, redundant data stores, duplicate data keying and lengthy mainframe rewrites is
eliminated.
Vertex Industries, Inc. is a middleware integration specialist with specific focus on data collection solutions and the integration
of E-Commerce applications with existing, computing infrastructures. The company has generated success stories in both the
United States and internationally. Vertex customers include AT&T, Credit Lyonnais, Dell Computers, Tenneco Packaging, Bell
Atlantic, MCI, and the New Zealand Stock Exchange. |
