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Gold/Mining/Energy : Jetform-FORM -- Ignore unavailable to you. Want to Upgrade?


To: rd who wrote (296)5/20/1998 6:27:00 PM
From: RMP  Read Replies (1) | Respond to of 530
 
It looks like numbers will be released June 4th.

The Annual Meeting as well as the annual financial analysts meeting will be in September.



To: rd who wrote (296)5/25/1998 8:30:00 PM
From: RMP  Read Replies (1) | Respond to of 530
 
Earnings will be out June 24th (not the 4th as posted earlier).

Got the following from the on line WSJ:

OTTAWA -- JetForm Corp.'s (FORMF) new InTempo enterprise workflow software has been well received and sales of the software are ahead of schedule, John Kelly, the company's president and chief executive, told Dow Jones.

JetForm, which introduced InTempo in March, has signed contracts to provide the software to as many as 20 companies, Kelly said. Among the largest of the contracts was a US$2.2 million licensing agreement that JetForm signed with the government of Wisconsin.

InTempo is a key element in JetForm's strategy to broaden its core product line, which includes electronic business forms software and enterprise workflow software that automates and streamlines business processes.

Kelly said the new InTempo software is well suited for governments and other large organizations, such as financial institutions and manufacturers. He said the medical services industry, which uses large numbers of paper-based forms, holds "major opportunities" for JetForm.

The company controls about 15% of the overall workflow market and about 80% of the enterprise workflow market, which involves automating work processes for all employees in a company, rather than specific ones.

Kelly said JetForm doesn't plan to expand beyond its current business. The enterprise workflow market holds "unlimited room for growth if one considers that every networked organization in the world is a potential user" of such software, Kelly said.

The turmoil in Asian financial markets has had a limited impact on JetForm, Kelly said. The company lost some contracts as a result of currency devaluations in the region. Kelly said the value of the lost contracts was "in the hundreds of thousands," and not "millions."

The Asia-Pacific region accounts for less than 4% of JetForm's total product revenues. "It won't prevent us from achieving our growth objectives for the coming year," Kelly said. However, JetForm plans to delay its expansion plans in the region until Asian markets become more stable, he said.

Kelly declined to comment on JetForm's fiscal fourth quarter financial results. The quarter ended April 30 and the results are to be reported June 24. Analysts estimate that JetForm had revenues of about C$32 million in the fourth quarter and earnings per share of 20 Canadian cents. They also project revenues of about C$110 million in fiscal 1998 and earnings per share of 55 Canadian cents.

In the nine months ended Jan. 31, JetForm had record revenues of C$78.7 million and record earnings of C$5.7 million or 35 Canadian cents a share.