Applix Ranks Sixth on Businessweek's Annual List of ''Hot Growth'' Companies
29 Maio 2007 - 9:30AM
Business Wire
Applix, Inc. (NasdaqGS: APLX), the leading business analytics
software solutions provider, today announced it was ranked sixth on
BusinessWeek�s 2007 �Hot Growth� Company list. Applix was the
leading software company with 41 percent total revenue growth and
54 percent license growth in 2006 alone. In additional
measurements, the company ranked fifth in both profit growth and
return on capital, with three-year average annual performance of
247 percent and 36 percent, respectively. �We are very honored to
be named on this list as a result of our exceptionally strong
performance in the highly competitive business analytics market,�
said Dave Mahoney, president and CEO of Applix. �With the recent
release of Applix 9.1, its excellent reception by our customers,
and rapid expansion of our partner ecosystem, Applix continues to
drive growth and leading edge innovation across its products,
customers, and market. This is a testament to Applix�s unique
analytics solution, which combines a complete platform with the
ease of use and speed to empower decision makers across all
departments at agile companies.� Applix provides comprehensive
business analytics software to enable decision makers to deploy
quicker, react faster and reach farther across their business. In
addition to significant product enhancements released earlier this
year, Applix has recently expanded in the Asia Pacific region and
opened an office in Hong Kong. The company also continues to grow
its customer and partner base. To identify �Hot Growth� companies,
BusinessWeek used the Standard & Poor�s Compustat database of
10,000 public companies to identify those with revenues of $50
million to $1.5 billion a year. Businesses are ranked by three-year
sales and profit growth as well as return on capital. Companies
must have also a market cap of $25 million or more and a stock
price of at least $5. About Applix Applix (NasdaqGS: APLX) empowers
agile enterprises by offering the only complete Business Analytics
software solution. The Company is focused exclusively on providing
a single, cohesive Performance Management and Business Intelligence
solution, with strategic planning, forecasting, consolidations,
reporting and analytics across financial, operational, sales and
marketing, and human resources departments. The Applix platform,
powered by the renowned TM1 analytics engine, reaches farther,
deploys easier, and reacts faster than any business analytics
solution available today. Applix and its global network of partners
help 3,000 customers worldwide manage their business performance
and respond proactively to the marketplace. Headquartered in
Westborough, MA, Applix maintains offices in North America, Europe
and Asia Pacific. For more information, please visit
www.applix.com. Any statements in this press release about future
expectations, plans and prospects for Applix, Inc., including any
statements containing the words �believes,� �anticipates,� �plans,�
�expects,� and similar expressions, constitute forward-looking
statements. Forward-looking statements necessarily involve risks
and uncertainties, and actual results could differ materially from
those indicated by such forward-looking statements as a result of
various important factors. Factors that could cause or contribute
to such differences include without limitation, competitive
pressures, changes in customer demands, adverse economic
conditions, loss of key personnel, litigation, potential
fluctuations in quarterly results, lengthy sales cycles, market
acceptance of new or enhanced products and services, factors
affecting spending by customers and other risks, uncertainties and
factors including those described in the Company's most recent Form
10-K or 10-Q under the heading "Risk Factors"/"Factors That May
Affect Future Results." In addition, the forward-looking statements
provided by the Company in this press release represent the
Company's views as of the date of this release. The Company
anticipates that subsequent events and developments may cause the
Company's views to change. However, while the Company may elect to
update these forward-looking statements at some point in the
future, the Company specifically disclaims any obligation to do so,
and these forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the
date of this release. �2007 Applix, Inc. All rights reserved.
Applix and TM1 are registered trademarks of Applix, Inc. All other
trademarks and company names mentioned are the property of their
respective owners.
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