This was on Bloomberg today
ROSS SYSTEMS REPORTS PROGRESS IN FINANCIAL &
8/10/98 10:15
Human Resources Revenues
ATLANTA, Aug. 10 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq: ROSS), a
leading provider of business software solutions, announced today that revenues
from its Renaissance CS(R) Financial and Human Resources Systems increased by
34 percent for its fiscal year 1998 over the previous year. This represented
the largest amount in the company's history. In addition, the company
indicated that its legacy product, Renaissance Classic had revenues of over
$14 million. Revenues from the combination of the client/server and classic
products rank Ross Systems among the leaders in financial and human resources
system sales.
"Though we are known for our mission critical manufacturing and supply
chain management systems, the functional strength of our financial and human
resources applications plays a major role in winning business for Ross
Systems," said Dennis Vohs, Ross' Chairman and CEO. "We have focused our
selling efforts in the chemical/pharmaceutical, food & beverage, metal,
building products, healthcare and public sector markets. As a result, the
vast majority of our sales were in these markets. The combination of strong
vertical expertise, global capabilities and rich product functionality served
as a foundation for our success during this past year."
Two hundred three new customers licensed the Renaissance CS Financial and
Human Resources Systems during the past year. Selections were made in
competitive evaluations against Peoplesoft, SAP, Oracle, Lawson and others.
Some of the key companies selecting Ross includes Dairyworld Foods
International, Nucor Steel, Birmingham Steel, Ruetgers AG, Syncrude AC Ltd.,
Klockner Pentaplast, Mercedes Benz-Canada, Hussey Copper, Lykes Meats,
Chemetals, AJM Packaging, Griffin Wheel, Charter Steel, Eastern Foods, Eurocan
Pulp & Paper, Celanese, Bowater, Inc., ABB Systems and Imperial Home Decor
Products. In the healthcare and public sector, new customers include the
Mental Health & Mental Retardation Authority of Harris County, the Menninger
Clinic, Mt. Sinai Hospital, Sunnybrook Hospital, Greenwood Le Flore Medical
Center, the N.F.I.B., Macomb County Michigan, Watts Health Foundation, CltBK
(the central bank of Belgium for mortgages), the Al Sigl Center, the Berkshire
Farm Center and Services for Youth, Via Transit Authority and the Hastings and
Prince Edward District School Board.
Ross Systems, Inc. develops, markets and supports a broad range of
client/server business solutions, including financials, manufacturing,
maintenance, distribution, supply chain management, transportation management,
materials management, and human resources applications, as well as
comprehensive application development products. Ross Systems products are
available for the following open systems environments: Microsoft Windows NT
for the Intel and Alpha chips; IBM's RS/6000; HP-UX; Digital UNIX, Open VMS,
Fujitsu DS-90 UNIX and Siemens Nixdorf. More than 3,000 companies around the
world use business solutions from Ross Systems to run their operations.
Ross Systems employs 580 professionals in offices around the world to
serve its customers. Corporate headquarters are located at Two Concourse
Parkway, Suite 800, Atlanta, Georgia 30328. Please visit Ross Systems'
website at www.rossinc.com.
SOURCE Ross Systems
-0- 08/10/98
/CONTACT: Dennis Vohs, Ross Systems, 770-351-9600 Ext. 3058/
/Web site: rossinc.com
(ROSS)
CO: Ross Systems, Inc.
ST: Georgia
IN: CPR
SU: |
