Here's the news!
Heartsoft Records 97% Increase in
February, 1999 Revenues
TULSA, Okla.--(BUSINESS WIRE)--March 4,
1999--Heartsoft, Inc. (OTC BB: HTSF), publisher of educational
software products for children, announced today that net revenues from sales of its educational
software products increased 97% in February, 1999, over same period sales in 1998.
February marked the third straight month of increased revenues since December, 1998.
The company reported earlier that revenues increased 25%, and 31% respectively for December,
1998, and January, 1999.
''The steady increases in revenues can be directly attributed to the success of our newly expanded
sales organization and increasing acceptance of Heartsoft's products by educators nationwide,'' said
Benjamin Shell, Heartsoft, Inc. CEO,
''We are continuing to reinvest nearly 100% of revenues into expanding our distribution capabilities
in preparation for new products expected to be released during the next fiscal year,'' said Shell.
In other recent development, Heartsoft announced its plans to introduce the first secure Internet
browser for children, the Kids Internet World Explorer® (KIWE) during the summer of 1999.
Upon its release, KIWE shall be available for both Microsoft Windows® (NASDAQ: MSFT -
news) and the Apple Macintosh® and iMac® (NASDAQ: AAPL - news). KIWE offers parents
and educators an age appropriate alternative to Microsoft's Internet Explorer and Netscape's
(NASDAQ: NSCP - news) Navigator Internet browsers.
Heartsoft also announced the release of new versions of its proprietary educational software for
Microsoft Windows 98® and the Apple iMac. Heartsoft's support of Windows 98 and the iMac
significantly expands the company's ability to support hardware manufacturers such as Dell
Computer Corp. (NASDAQ: DELL - news), Compaq Computer Corp. (NYSE: CPQ - news),
and Gateway, Inc. (NYSE:GTW - news) which represent the most widely used platforms in schools
and by parents.
Heartsoft, Inc. publishes and distributes a line of multimedia educational software products for
schools and homes nationwide. Headquartered in Tulsa, Oklahoma, Heartsoft is acknowledged
among educators as the price-vs.-performance leader, delivering such product classics as the
Heartsoft Bestsellers and its latest release, Thinkology, with unsurpassed customer satisfaction and
loyalty. Heartsoft's web pages may be viewed at heartsoft.com and
thinkology.com.
This press release contains forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements involve risks and uncertainties that could cause actual results to differ
materially from those anticipated. Such risks and uncertainties include, but are not limited to, the
impact of competition; uncertainties in demand for and market acceptance of the company's
products; changes in trade practices and the risk of trade practice litigation; and the risks of
developing products. These and other risks are described in the company's periodic SEC reports
and filings.
Contact:
Heartsoft, Inc., Tulsa, Okla.
Benjamin P. Shell, 918/251-1066 |
