Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Speedware Software -- Ignore unavailable to you. Want to Upgrade?

To: Mario G who wrote (59)	4/15/1999 9:26:00 PM
From: Ciao	Respond to of 69

Mario, any idea of how the funding for the subsidiary is coming along and how Q2 looks, it should be announced soon?

To: Mario G who wrote (59)	4/29/1999 5:20:00 PM
From: Ciao	Respond to of 69

N/R 28/4/99 Speedware announces strong results for second quarter of 1999; Increased revenues produce third consecutive quarter of profitable growth MONTREAL, QUEBEC--Speedware Corporation (TSE: SPW) announced today the results for the three and six months ended March 31, 1999. For the second quarter ended March 31, 1999 net earnings were $409,000 or $0.05 per common share compared to a net loss of $1.8 million or $0.21 per share in 1998. For the six months ended March 31, 1999, net earnings were $1.1 million or $0.13 per common share compared to a net loss of $1.8 million or $0.21 per share for the same period last year. Revenues rose in the quarter for both the Company's leading edge software products and for its professional services, growing to $6.7 million compared to $5.2 million last year. For the six months ended March 31, 1999 total revenues grew to $13.6 million compared to $12.3 million in 1998. Cash flow from operations for the six month period ended March 31, 1999, was $1.0 million compared to a use of cash of $1.5 million in 1998. Subsequent to the end of the quarter, Speedware completed the repayment of its long-term debt. "This quarter is Speedware's third consecutive period of profitable growth since we initiated the renewed focus on our core competencies and began our cost control programs," stated William Thomson, Chief Executive Officer. "Speedware's transition to a culture focused on the customer is producing increased revenues for both our Business Intelligence and Development Tools products." Visionyze Corporation, Speedware's subsidiary focused on the Company's sophisticated Business Intelligence analysis applications that are targeted at the telecommunications, utilities and customer service markets, continued to make progress during the quarter. A reciprocal subcontract arrangement being developed with IBM is aimed at jointly marketing the Company's Telecommunications Analytic Applications to Global 1000 customers. Sales of Business Intelligence applications were made to Telephonica Larga Distancia, Puerto Rico's long distance telephone company, to the City and County of San Francisco to solve its reporting and data analysis needs, and to Pennsylvania's Department of Transportation. In addition, Nortel has chosen to use Visionyze's Customer Service Analyzer (CSA) to monitor the performance of one of its primary call center support operations in Chicago, IL. Nortel is the second-largest supplier of call center equipment in North America, with 10 percent of the market. From this call center, Nortel provides provisioning and maintenance support to Ameritech, and will showcase CSA's ability to analyze and monitor customer relationships through the call center. Also during the quarter, Speedware announced that it has entered into a strategic partnership with Hewlett-Packard to jointly market the Company's Application Development Tools-Speedware Autobahn and Visual Speedware-to HP 3000 and HP 9000 users. Speedware Autobahn is the first and only Internet application development toolset for the HP 3000, allowing users of these platforms to access to information anywhere via the Internet. "We continue to be pleased with Speedware's financial performance," concluded Mr. Thomson. "Looking ahead, we are confident that our marketing strategies and cost control programs will produce profitable growth through the balance of this year and into the future." /T/ Financial Highlights: Three Months Six Months Period Ended March 31, 1999 1998 1999 1998 (in $,000 except per share amounts) Revenues 6,737 5,233 13,591 12,332 Expenses 5,636 6,224 11,152 12,673 R&D Expenses 687 743 1,346 1,375 Net Earnings (Loss) 409 (1,798) 1,079 (1,780) Net Earnings (Loss) per Share 0.05 (0.21) 0.13 (0.21) /T/ Speedware Corporation (TSE: Symbol SPW) is a global vendor of client/server and Internet solutions for business intelligence and development technology. It has sales and marketing centers in six countries, plus a worldwide network of distributors and value-added resellers. Speedware's Internet home page (www.speedware.com) includes detailed corporate information and interactive demonstrations of Speedware's leading edge technology.

To: Mario G who wrote (59)	7/29/1999 9:16:00 PM
From: Ciao	Read Replies (1) \| Respond to of 69

NR: Speedware Corporation Announces Third Quarter Results MONTREAL, QUEBEC-- New Focus Results in Significant $3.8 million Improvement in Operating Income Speedware Corporation (TSE: SPW) announced today the results for the three and nine months ended June 30, 1999. For the nine month period, total revenues rose to $19.7 million from $18.4 million the prior year, producing net income of $1.3 million or $0.15 per common share compared to a loss of $5.5 million or $(0.65) per share the prior year. The increase in total revenues was due primarily to a 14 percent increase in professional services compared to the same period last year. The nine-month results for fiscal 1998 included a special pre-tax charge to earnings of $2.9 million. Not including this special charge, earnings before income taxes in 1999 improved to $1.3 million from a loss of $2.5 million in 1998, a $3.8 million turnaround. Cash from operations for the nine-month period grew to $2.5 million from a use of cash of $1.9 million the prior year. The increase in cash is due primarily to improved operating performance, cost controls, and the Company's ability to convert accounts receivable to cash. For the three-month period ended June 30, 1999, total revenues of $6.2 million produced net earnings of $172,000 or $0.02 per common share compared to a loss of $3.7 million or $(0.44) per share the prior year. "Speedware has successfully re-focused its two business units and produced four consecutive quarters of profitable growth," commented William Thomson, Chief Executive Officer. "Our goal now is to build on this momentum, capitalizing on the significant opportunities to grow revenues with our installed customer base and in our chosen vertical markets." Speedware's Business Intelligence initiative has recently been re-introduced to employees and clients with a new focus and a new name. Visonyze.com reflects the Company's commitment to its suite of web-enabled analytical products aimed at the telecommunications and customer support markets. Visonyze.com's mission is to be the eyes into the core competencies of a business, providing a browser-enabled multi-level view that measures, analyzes and delivers information aimed at enhancing business performance. Speedware's Application Development Tools business has also undergone a dramatic transformation into one that is driven by client needs rather than product development. Growth will come from responding as a systems integrator to the current and emerging requirements of its installed base of some 1,500 loyal clients and levering its position as a preferred partner for software systems running on HP 3000 systems. "Both initiatives have been well received by our employees, and we are in the process of rolling the new face of Speedware out to our customers," Mr. Thomson concluded. "Going forward, our focus on top-line revenue growth, both in license sales and professional services, will further enhance profitability." /T/ Financial Highlights: Three Months Nine Months Period Ended June 30, 1999 1998 1999 1998 (in $,000 except per share amounts) Revenues 6,154 6,029 19,744 18,360 Expenses 5,261 8,954 16,412 21,626 R&D Expenses 713 759 2,059 2,134 Net Earnings 172 (3,713) 1,250 (5,493) Net Earnings per Share 0.02 (0.44) 0.15 (0.65)