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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (40814)	5/18/1999 7:06:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Unify Corporation Reports Record Fourth Quarter Results With Continued Success in VAR Channels (beats by 4 cents but it has had a nice pre-earnings run up, so we'll see) Poised to Capitalize On E-Commerce Solutions SAN JOSE, Calif.--(BUSINESS WIRE)--May 18, 1999--Unify Corporation (NASDAQ:UNFY - news), a leading provider of Internet application server solutions for e-commerce, today announced results for the fiscal 1999 fourth quarter ended April 30, 1999. Total revenues for the fourth quarter of fiscal 1999 were $8.9 million as compared to $6.9 million from the prior year, representing an increase of 28%. Revenue from new product license fees was $3.8 million, reflecting a 63% increase from the fourth quarter last year. Total revenues from license fees were $6.0 million versus $4.6 million in the same period last year, an increase of 32%. License revenues represent 68% of total revenues in the current period, as compared to 66% for the fourth quarter of fiscal 1998. The fourth quarter fiscal 1999 net income was $1.9 million or $0.22 per basic share, as compared to net income of $419 thousand or $0.05 per basic share for the fourth quarter of last year. Net income was $0.20 per diluted share in the current quarter versus $0.05 per diluted share in the same quarter last year.