To: DanZ who wrote (2707 ) 5/13/1999 8:23:00 PM From: Nam, Ki Hyung Respond to of 11568
-Dan It deserves to read Good News!!!! (IINT) 05/13 16:02 Indus International Recognized as One of the Bay Area's Fastest IINT.O> Indus International Recognized as One of the Bay Area's Fastest Growing Companies San Francisco Business Times Cites World's Largest Enterprise Asset Management Solution Provider as a Premiere San Francisco-Based Company SAN FRANCISCO, May 13 /PRNewswire/ -- Indus International (Nasdaq: IINT), the world's leading provider of Enterprise Asset Management (EAM) solutions, today announced that the San Francisco Business Times has named Indus International as one of the "Top 150 Fastest Growing Public Companies in the Bay Area." Since its inception in 1988, Indus has grown its EAM solutions business to become the world EAM market share leader with annual revenues in excess of $195 million as reported separately by ARC Advisory Group's "EAM/CMMS Software and Services Global Outlook." Today, the company delivers products and services to more than 300,000 users in over 40 countries worldwide. "As the leading global provider of EAM solutions, we are pleased to be recognized by the San Francisco Business Times as one of the fastest growing technology innovators in the Bay Area," said Bill Grabske, CEO and President of Indus International. "Our continued leadership in the EAM market, as evidenced in ARC's research, demonstrates the market acceptance of Indus' EAM solutions for the Internet, mobile workforces, and e-commerce. When Indus was founded 11 years ago, our mission was to provide best-of-breed technology solutions to companies in capital-intensive industries and this recognition is a testament to the success of our original vision." ARC publishes the only independent, comprehensive study of the EAM/CMMS marketplace and the relative size of EAM solutions providers. Over the past decade, ARC has become the leader in providing strategic planning and technology assessment services to major manufacturing companies and suppliers of enterprise and automation solutions around the world. "Our research shows that Indus continues to lead the global EAM market with regards to revenues from software licenses and services," said Steve Clouther, Vice President of Enterprise Applications at ARC. "With exciting new products and a strong customer base, Indus is consistently pushing the envelope in delivering comprehensive solutions for Enterprise Asset Management." Commanding a 19.6 percent market share of the worldwide EAM revenues, as reported by ARC, Indus is nearly 50 percent larger than its nearest competitor, and is a key player in industries such as energy, communications, process manufacturing and the public sector. The Indus Solution Series(TM) allows companies in demanding industries to achieve maximum profitability through a precise synchronization of people, materials and processes. Indus customers realize a superior return on assets (ROA) through reduced maintenance costs, increased equipment availability, and the optimization of inventory and the available skill base. Indus customers range from major multinational organizations to single-facility institutions in a variety of industries including companies such as Chevron, Southern California Edison, BP Exploration, Philips Petroleum, U.S. Steel, Allied Signal Aerospace Company, Lockheed Martin Hanford Corporation, British Energy and Hong Kong Electric Company. About Indus International Indus International is the world's largest provider of Enterprise Asset Management solutions. The Indus Solution Series of products and services enables customers to reduce cost, increase productive capacity, ensure regulatory compliance, and improve their overall return-on-investment and competitiveness. The Indus Solution Series includes unique capabilities for capital-intensive industries such as Energy, Telecommunications, Process Manufacturing, and the Public Sector. Headquartered in San Francisco, the company provides software and services to over 300,000 users in more than 40 countries. Visit Indus International's Web site at indusworld.com . About the San Francisco Business Times The San Francisco Business Times is a subsidiary of the American City Business Journals Inc. The parent company is the nation's largest publisher of metropolitan business newspapers, serving 40 of the country's most vibrant markets. Visit San Francisco Business Times at amcity.com . About ARC ARC Advisory Group is a leading international market research and management consulting firm focusing exclusively on the enterprise applications and industrial automation marketplace. ARC provides strategic planning and technology assessment services to major industrial systems integrators, users, and suppliers. Further information can be obtained from ARC, Three Allied Drive, Dedham, MA 02026, Tel 781-471-1000, Fax 781-471-1100, E-mail info@arcweb.com, Web www.arcweb.com. SOURCE Indus International NAM