Berle,
Tough to figure this one out. The only explanation I can see is the whole Data Processing group is sucking pond water. Not that unusual for a good stock to go along with the rest of the pack.
Here's another piece out yesterday if you didn't see it.
Infinium Software Names Whittman-Hart Inc. as a
Professional Services Business Partner
PR Newswire - February 25, 1997 17:37
FINANCIAL INFM WHIT CPR V%PRN P%PRN
Jump to first matched term
HYANNIS, Mass., Feb. 25 /PRNewswire/ -- Infinium Software, Inc.
(Nasdaq: INFM), a leading developer of client/server business software, today
announced that the Company has signed Whittman-Hart, Inc. (Nasdaq: WHIT) as a
Professional Services Business Partner. The partnership with Whittman-Hart is
the latest in a recent line of agreements intended to expand the service
offerings, availability and geographical coverage provided to Infinium
Software customers.
Whittman-Hart is a leading provider of information technology consulting
services. The professional services agreement with Whittman-Hart complements
Infinium Software both in target markets and platform expertise. Whittman-
Hart holds extensive experience in the retail, process manufacturing, and
healthcare vertical markets which are targeted by Infinium Software. In
addition, Whittman-Hart has a long-standing reputation as an expert in AS/400
and Windows NT(TM) server environments which supports Infinium Software's
commitment to the AS/400 and expanding development in Windows NT.
"Infinium Software chose to partner with Whittman-Hart not only because of
its excellent reputation for providing technical services in information
technology," said Fred Lizza, president and CEO of Infinium Software. "We
also looked to Whittman-Hart because of the company's particular expertise in
the AS/400 and Windows NT server environments which matches well with
Infinium's long-term commitment to the AS/400 and increasing specialization in
Windows NT. We are pleased to be able to offer our customers expanded service
offerings and additional service coverage, especially for the Midwest, through
our agreement with Whittman-Hart."
Whittman-Hart has been involved with numerous Infinium Software
implementations including: Centegra Health System and Ideal Industries.
"The partnership between Infinium Software and Whittman-Hart is an
excellent strategic fit," said Bob Bernard, president and CEO of Whittman-
Hart. "The expert consulting support of Whittman-Hart is a perfect compliment
to Infinium Software's premier client/server business solutions. In addition,
the similarities between Whittman-Hart's and Infinium Software's target
markets and platform specialization make this combination a very effective
one."
About Whittman-Hart, Inc.
Headquartered in Chicago, Illinois, Whittman-Hart (Nasdaq: WHIT) provides
strategic information technology consulting and system integration services
that are designed to improve client productivity and competitive position.
Founded in 1984, the company is a single source provider for a comprehensive
range of services required to successfully design, develop, and implement
integrated computer systems projects in diverse computing environments. In
addition to Chicago, the company currently has offices in Cincinnati,
Cleveland, Columbus, Ohio, Dallas, Denver, Indianapolis, Milwaukee, and
Peoria, Illinois.
About Infinium Software
Infinium Software, formerly Software 2000, offers a full range of
client/server financial, human resources, materials management, and process
manufacturing business applications. Infinium Software's products are
designed to help high-growth, mid-sized companies meet their business
challenges by delivering exceptional functionality through the innovative use
of technologies on the Microsoft Windows NT and IBM AS/400 platforms.
Infinium Software is committed to ensuring customers' successes which has
resulted in a 90+% customer retention rate, among the highest in the industry.
Infinium Software has over 1,300 customers around the world representing a
variety of industries including healthcare, hospitality, retail, and process
manufacturing. Founded in 1981, with headquarters in Hyannis, Massachusetts
and 20 offices worldwide, Infinium Software had fiscal 1996 revenues of $72
million. Infinium Software's website can be found at infinium.com.
SOURCE Infinium Software, Inc.
CONTACT: Michael Greeley of Infinium Software, 617-684-4527 or
michael_greeley@infinium.com
Mike |
