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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Bryan who wrote (58339)	1/6/2000 4:38:00 PM
From: If only I'd held	Respond to of 108040

TRGA might light up AH. Look at this. biz.yahoo.com

To: Bryan who wrote (58339)	1/6/2000 4:39:00 PM
From: 2MAR$	Read Replies (1) \| Respond to of 108040

ITRA-------> ORINDA, Calif., Jan. 6 /PRNewswire/ -- Intraware, Inc. (Nasdaq: ITRA), the leading IT e-Marketplace for Web-based software and services, today announced revenues of $24.8 million for the third quarter ended November 30, 1999, which represents an increase of 119% over revenues of $11.3 million reported in the quarter ended November 30, 1998. Third quarter revenues increased 29% over $19.2 million reported in the previous quarter ended August 31, 1999. Net loss was $5.9 million or a loss of $0.25 per share in the quarter ended November 30, 1999, compared to a net loss of $4.4 million or a loss of $1.01 per share in the quarter ended November 30, 1998. Net loss for the prior quarter ended August 31, 1999 was $4.6 million or a loss of $0.20 per share. Excluding the stock-based compensation charge and expenses and amortization related to acquisitions, net loss was $4.4 million or a loss of $0.19 per share for the quarter ended November 30, 1999, compared to a net loss of $3.9 million or a loss of $0.89 share for the year earlier quarter ended November 30, 1998 and $3.8 million or a loss of $0.17 per share for the quarter ended August 31, 1999. "With over 25% of the Fortune 1000 companies, including Charles Schwab, Cognizant Technologies, and LSI Logic, using Intraware to streamline their software research, procurement and updates online, we have achieved a powerful foundation for continued growth," said Peter Jackson, president and CEO of Intraware. "We had an outstanding third quarter with the addition of a great group of new customers, partners and vendors which has helped establish Intraware as the one stop IT e-Marketplace for Web-based software and services. We have recently added Commerce One and Interwoven as customers of our outsourced software update management service, Computer Associates as a key vendor in our IT e-Marketplace, and Siebel Systems as a partner who will leverage Intraware's Web-based software distribution expertise to reach its middle market customer targets. Our recent dramatic customer growth demonstrates that Intraware has become a trusted Internet-based resource for corporate IT professionals that enables them to make more informed technology decisions, reduce IT complexities and eliminate inefficiencies, thus saving them both time and money." "Intraware has consistently achieved strong revenue growth since our initial public offering last February," said Don Freed, chief financial officer of Intraware. "We are beginning to see the return on our early investments in our technology and experienced people that are contributing significantly to our recent strong financial performance. We are starting to see the validation of our business model as we continue to broaden and strengthen our vendor relationships and increase our customer and membership base."