ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

CCRD Creditcards.Com (MM)

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Creditcards.Com (MM) NASDAQ:CCRD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Aprisma Achieves Record Profitability

19/01/2005 2:09pm

PR Newswire (US)


Creditcards.Com (MM) (NASDAQ:CCRD)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Creditcards.Com (MM) Charts.
Aprisma Achieves Record Profitability 2004 Revenues Exceed $43 Million -- Adding New Customers and Delivering New Products PORTSMOUTH, N.H., Jan. 19 /PRNewswire/ -- Aprisma Management Technologies, Inc., a Gores Technology Group, LLC Company, today announced Q4 2004 financial results exceeded revenue and profit objectives for the eighth consecutive quarter. Total revenue for 2004 was approximately $43 million, with strong profitability and positive free cash flow. Aprisma added over 80 new customers in 2004 while delivering four new products for Business Service Management, Asset/Availability Reporting, Secure System/Application Management and Problem Management. "Aprisma is an example of the model for successful software companies going forward," said Mike Fabiaschi, President and CEO of Aprisma Management Technologies. "We are growing faster than industry averages by delivering on our promises -- on time, on budget -- with practical, achievable, rapid time to value solutions for managing IT infrastructure as a business service. There is nothing more important than our customers, and we will earn the right to their business every day." Aprisma highlights for the fourth quarter of 2004 include: -- The recently introduced SPECTRUM(R) Business Service Intelligence(TM) (BSI) Solution is being very well received by both existing and prospective customers as it delivers cost-effective, integrated business service management (BSM), performance reporting, application response time monitoring, system management, and network management. -- Three new customer testimonials from Berlin University, CC CompuNet, and Domodedovo International Airport detail their partnerships with Aprisma and the benefits of SPECTRUM's use in their environments. -- New Energy customer Exelon. -- New Financial Services customers include Caja Madrid, Central Bank of Russia, Scottrade, and USAA. -- New Government projects for the quarter at ANA Portugal, CTNOSC, International Broadcasting Bureau, Ireland Department of Finance, STNOSC, and Taiwan Tobacco & Liquor. -- New Healthcare customers include Amgen, Glaxo Smith Kline, and SUNY Stony Brook Hospital. -- New Service Provider customers include CapRock Communications, EDS Poland, Garanti Technology, Nortel, Prime Business Solutions, QSC Solutions, T-Com Managed Services, Telefonica Empresas and T-Systems. On January 10, 2005, Concord Communications, Inc. (NASDAQ:CCRD), a global provider of Business Service Management (BSM) software solutions, announced that it has signed a definitive agreement to acquire privately-held Aprisma Management Technologies, Inc., from Gores Technology Group, LLC, for approximately $93 million in cash. The acquisition is subject to customary closing conditions and is expected to close in the first quarter of 2005. About Aprisma Management Technologies As the leader in Service Level Intelligence(TM) solutions, Aprisma's SPECTRUM(R) software manages the health and performance of networks and the business services that rely on them. With over 10 years experience delivering rapid return on investment for over 1,000 leading companies in more than 40 countries, SPECTRUM solutions are delivered on time and on budget. Over $500 million has been invested to date in the research and development of the SPECTRUM software suite, and an intellectual property portfolio of over 100 patents serves as evidence of Aprisma's continual innovation and industry thought leadership. The company's culture is centered on the principle "There is nothing more important than our customers" to strengthen the knowledge, trust and respect customers gain from a relationship with Aprisma. Additional information on SPECTRUM and related Aprisma solutions is available at http://www.aprisma.com/. About Gores Technology Group Gores Technology Group, LLC ("Gores") is a private investment firm focused on the technology, telecommunications, and business services sectors. Since 1987, Gores has amassed an enviable track record of successful investments within these sectors. The firm combines the seasoned M & A team of a traditional financial buyer with the operational expertise and detailed due diligence capabilities of a strategic buyer. Gores has a long standing record of creating sustainable value in its portfolio companies by focusing on customers and employees, supporting management with operational expertise, and providing the capital required for growth. Headquartered in Los Angeles, California, Gores maintains offices in Boulder, Colorado; London; and Zurich. (http://www.gores.com/) Forward-Looking Statements Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward- looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from the forward-looking statements include the following: fluctuations in customer demand, the Company's ability to manage its growth (including the ability to hire sufficient sales and technical personnel), the risks associated with the expansion of the Company's distribution channels, the risk of new product introductions and customer acceptance of new products, the rapid technological change which characterizes the Company's markets, the risks associated with competition, the risks associated with international sales as the Company expands its markets, and the ability of the Company to compete successfully in the future. Aprisma and Gores undertake no obligation to update information contained in this release. SPECTRUM is a registered trademark of Aprisma Management Technologies. All other trademarks are the property of their respective owners. DATASOURCE: Aprisma Management Technologies, Inc. CONTACT: Aprisma Contact: Ann Kelly, Public Relations Manager of Aprisma Management Technologies, +1-603-334-2179, ; or Gores Contact: Frank Stefanik EVP Marketing & Business Development of Gores Technology Group, +1-310-209-3010, Web site: http://www.aprisma.com/ http://www.gores.com/

Copyright

1 Year Creditcards.Com (MM) Chart

1 Year Creditcards.Com (MM) Chart

1 Month Creditcards.Com (MM) Chart

1 Month Creditcards.Com (MM) Chart