23rd Oct 2006 13:00
Micro Focus (LSE: MCRO.L), a leading provider of core systemapplication development and deployment solutions, today announced itsinclusion on the Software 500, Software Magazine's list of the world'sforemost software and services providers, published as an onlinecatalog on www.Softwaremag.com. Micro Focus was ranked 162 withsoftware revenue of $150.6 million. £ "The 2006 Software 500 results show that growth in the softwareand services industry was flat from 2004 to 2005, the ranking year.The industry continues to be dynamic with more than 90 new companieson the list this year," says John P. Desmond, editor of SoftwareMagazine and Softwaremag.com. "Strong segments this year includedsecurity and system integration services. While much of the growth iscoming from outside the U.S. in the services segment, the flatteningworld effect is sending some of it back too. £ "The Software 500 helps CIO's, senior IT managers and IT staffresearch and create the short list of business partners," Desmondsays. "It is a quick reference of vendor viability. That is content ofvalue." £ "Micro Focus is pleased to be again ranked with the leading ITproviders in the world," said Stephen Kelly, chief executive officerat Micro Focus. "The Software 500 is a validation of our continuedfocus on delivering customer-centric solutions that align IT with thegoals of the business. It is our customers who are to be thanked forbeing included on this prestigious list." £ The Software 500 is a revenue-based ranking of the world's largestsoftware and services suppliers targeting medium to large enterprises,their IT professionals, software developers and business managersinvolved in software and services purchasing. £ Go to www.myswmag.com to subscribe to digital Software Magazineand be among the first to see the 2006 Software 500. It is beingreleased first in the digital publication. The online Software 500 onSoftwaremag.com, to be posted at a later date, is searchable byprimary business sector. £ The ranking is based on total worldwide software and servicesrevenue for 2005. This includes revenues from software licenses,maintenance and support, training and software-related services andconsulting. Suppliers are not ranked on their total corporate revenue,since many have other lines of business, such as hardware. Thefinancial information was gathered by a survey prepared by KingContent Co., the owner of Software Magazine, and posted atwww.Softwaremag.com, as well as from public documents. £ Micro Focus - Unlocking the Value of Legacy(TM) £ Micro Focus is a leading provider of legacy development anddeployment software for enterprise platforms. Micro Focus enablesorganizations to reduce costs and increase agility with minimal riskby reusing their legacy applications with contemporary architecturesand Web services. Founded in 1976, Micro Focus is a global companywith principal offices in the United Kingdom, United States, Germanyand Japan. For more information, visit www.microfocus.com. Copyright Business Wire 2006Related Shares:
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