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To: judge who wrote (44620)	1/19/1999 2:49:00 PM
From: Manfred	Respond to of 119973

SBAS great news Tuesday January 19, 2:24 pm Eastern Time Company Press Release SOURCE: StarBase Corporation StarBase Announces Strong Revenue Growth and Operating Results SANTA ANA, Calif., Jan. 19 /PRNewswire/ -- StarBase Corporation (Nasdaq: SBAS - news), a leading provider of Internet and intranet based technical collaboration and software configuration management tools, today announced preliminary operating results for the third fiscal quarter ending Dec. 31, 1998. StarBase management anticipates that revenue for the fiscal third quarter will be between $1.90 and $1.95 million. This represents at least 190 percent growth over the same period last year and 16 percent growth over the second quarter of this fiscal year. For the nine-month period ending Dec. 31, 1998, revenue is expected to be at least $4.70 million, approximately 245 percent above the $1.36 million reported for the same period last year. Furthermore, operating expenses for the third quarter are estimated to be between $3.60 and $3.65 million, down 10 percent from the second quarter of this fiscal year. The company expects to formally announce the results of operations for the third quarter ended Dec. 31, 1998, by the second week of February. ''The company's strong operational results are a reflection of our focus on revenue growth and profitability,'' stated William R. Stow III, chairman and chief executive officer of StarBase. ''The combination of higher revenues, approximately 95 percent gross margin, and lower operating expenses should result in an approximate 25 percent decrease in net loss for the third quarter, a strong step toward our goals of revenue growth and profitability. These improved operating results were achieved with more than 90 percent of revenues representing sales to new customers. We believe that a significant number of our existing customer base is awaiting the release of StarTeam 4.0 before ordering new product. With the anticipated release of StarTeam 4.0 Enterprise next month we expect repeat business to accelerate once again, as we penetrate deeper into the growing installed base of customers. In addition, since StarTeam 4.0 is an enterprise level solution, the company believes that our trend toward larger purchases by customers is also expected to accelerate revenue growth.'' Manfred