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NorCom Information Technology AG

ots Ad hoc-Service: NorCom Info.Techn. <DE0005250302> NorCom achieving dynamic growth
Revenues up 88%

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
NorCom Information Technology AG is proud to report a successful
start to the new millennium in the 1st quarter of 2000. The sharp
rise in 1st quarter revenues of almost 90% over the year-ago quarter
is proof that NorCom is on the right track with its product and
corporate strategy. Revenues of EUR 4.6 million were in line with
forecasts. IT-Security/Enterprise Networks contributed to total
revenues by 65%. With a share of 35%, revenues generated by the still
young E-Business Solution division more than tripled over the same
quarter one year earlier.
Substantial swing in earnings
NorCom posted a profit of EUR 115,077 and earnings per share of
EUR 0.01 in the 1st quarter of 2000. Investments primarily
focused on building up sales and marketing activities as well
as technological extensions to NorCom Global Security (NGS) for
the integration with BEA and Novell products. In addition
during the first three months of the year, a number of
strategically important projects in the Security and E-Business
divisions were gained giving NorCom access to the media
industry amongst other things.
You can download the report for the first quarter of 2000
straight from NorCom's Web site: www.norcom.de
End
Internet: http://recherche.newsaktuell.de

Original-Content von: NorCom Information Technology AG, übermittelt durch news aktuell

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