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HiSoftware Company Announces Record
First Quarter
Success
Attributed to Superior Product Quality
and Fast Customer ROI
CONCORD, NH – April 1, 2003 – HiSoftware
Company, the leader in enterprise
content quality management solutions,
today announced that the company has
surpassed revenue projections and
increased its first quarter 2003
revenues by over 100 percent from the
previous year. Highlighted by a series
of significant enterprise customer wins,
partnerships, educational programs,
product releases, and expanded
professional services, the first quarter
of 2003 has been recorded as the most
successful since the company was founded
in 1998.
In the
first quarter of 2003, HiSoftware
Company added over 20 new enterprise
customers and over 500 new users of
HiSoftware’s desktop solutions.
Enterprise customers included Department
of the Navy-NAVAIR, Department of
Veterans Affairs-EES, State of New York,
Mercury Interactive, and Commerce One.
The company's enterprise success is
punctuated by the continued expansion of
its worldwide customer base including a
growing presence across International
government, corporate and educational
markets. HiSoftware's customer wins
coupled with new product releases and
expansion of its educational programs
announced earlier in the year,
contributed significantly to the
company's growth over the past three
months.
The
company's success can be attributed to
providing flexible software solutions
that allow an organization’s experts
and/or policy managers to define content
policies and then provide a solution to
validate compliance with these policies.
For example, customers such as
Department of the Navy and Commerce One,
required solutions that could integrate
seamlessly into their web development
environments and scale to meet the
scanning requirements of their large
enterprise websites and Web based
applications. HiSoftware's solutions
provide customers with unsurpassed team
services, workflow capabilities and a
flexible, scalable enterprise monitoring
system.
HiSoftware has extended it education and
outreach programs through expanded
participation in worldwide forums
focused on Web Content Quality, in
Australia and Spain, as well as the
recent launch of the Web Accessibility
testing portal, “Cynthia
Says....” HiSoftware has also
continued to expand its alliance with
Microsoft Corporation on a variety of
initiatives including a series of
educational sessions focused on
accessibility and content quality for
mutual federal, state and local
government customers. HiSoftware’s
solutions integrate with Microsoft
FrontPage, Office, Windows Media Player,
SharePoint Portal Server, Content
Management Server, and Visual Studio
.NET.
Consumers responded strongly to the
Company's
Web Site Monitor, an extension of
its enterprise website management
software. The company also expanded its
desktop and server-side product
offerings to incorporate custom
validation of Web Record quality for
enterprise organizations. Enterprise
customers like the U.S. Geological
Survey-NBII program have expanded their
contracts with HiSoftware to further
utilize HiSoftware’s enterprise Web
Quality solutions for management of the
structural integrity and content
quality.
First quarter revenues reflect the
accelerating strength and momentum of
HiSoftware’s business, and are a
testament to the product and business
foundation the company has been putting
in place for several years.
ABOUT
HISOFTWARE
HiSoftware Company, the leader in
enterprise content quality management
solutions, provides innovative products
that empower quality assurance teams,
content developers, Web site architects,
and company executives to work
collaboratively on their efforts to
create and manage corporate Web
standards for Accessibility, Privacy,
Searchability, Usability and custom
guidelines and policies. HiSoftware’s
integrated, full lifecycle solutions
dramatically reduce the time required to
test, manage and deploy e-business Web
sites.
HiSoftware works closely with industry
leaders and visionaries to provide
solutions for today's information
accessibility, content quality, search
and retrieval needs. HiSoftware’s
customers represent Fortune 500
companies, and many of the largest
e-commerce, government, and educational
sites in North America and around the
world and include ChevronTexaco,
Commerce One, Mercury Interactive, and
Microsoft Government.
Founded in 1998, HiSoftware Company
maintains North American corporate
headquarters in Concord, New Hampshire.
Further information about HiSoftware can
be found online at
www.hisoftware.com
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Note to
editors: If you are interested in
viewing additional information on
HiSoftware, please visit the HiSoftwareŽ
Web page at
http://www.hisoftware.com/press/index.html
on HiSoftware’s corporate information
pages. Web links, telephone numbers and
titles were correct at time of
publication, but may since have changed.
For additional assistance, journalists
and analysts may contact appropriate
contacts listed at
http://www.hisoftware.com/co/contacting_us.htm
HiSoftware and AccVerify are registered
trademarks of Hiawatha Island Software
Company, Inc. Microsoft, Microsoft
FrontPage, Microsoft Office, .NET,
Windows, and Windows NT are either
registered trademarks or trademarks of
Microsoft Corporation. Any and all other
product and company names mentioned
herein are the trademarks or service
marks of their respective owners.
Members
of the press: To receive breaking news
regarding HiSoftware via e-mail, please
send your request to be added to the
HiSoftware News Distribution List to:
hsnews@hisoftware.com
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