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Arbortext Reports 9th Straight Quarter of Record Revenue

Posted on: Tuesday, 28 October 2003, 06:00 CST

ANN ARBOR, Mich.--(BUSINESS WIRE)--Oct. 28, 2003--Arbortext, Inc., the leading global provider of multichannel publishing software, today reported record revenue for the period ending September 30, 2003, completing its ninth consecutive quarter of total revenue growth. The company's success is attributed to the growing demand for its publishing software.

"We've built a successful track record as a company that provides structured authoring software to over 1,300 organizations worldwide, and have recently embarked on an expanded vision to address companies' publishing needs. We are uniquely positioned to deliver the solutions this emerging marketplace requires, and our accelerating growth is proof the strategy is working," said Raymond Schiavone, President and Chief Executive Officer at Arbortext. "Global organizations understand the critical importance of streamlining and automating the process of capturing and publishing information, and they are increasingly turning to Arbortext to help build and deploy their applications."

Quarter Highlights

-- Posted record revenue for the third quarter ending June 30,

2003

-- Posted strong revenue growth in every major geographic region,

including the Americas, Europe and Asia-Pacific

-- Closed significant orders from new and existing customers,

including Airbus Deutschland, Airbus France, American

Association for Cancer Research, American Legal Publishing

Corporation, Bank of New York, BEA Systems, Boeing, Computer

Sciences Corporation, Deere & Company AG Division, Guidant,

Innovant, Johnson & Johnson, Lockheed Martin Aeronautical,

Marine Corps Intelligence Activity, National Security Agency,

NCCI, Oracle, Petro Canada, Pfizer, Porsche AG, SAP AG, Space

and Naval Warfare Systems and the US Navy

-- Continued the aggressive expansion of the company's direct

sales force, which is up 42% year-to-date

-- Signed EMC International Group as first reseller for Latin

America

-- Received Seybold Seminars "Hot Pick" award for Arbortext 5

About Arbortext

Arbortext is the leading global provider of multichannel publishing software that enables organizations to provide more personalized, dynamic and easily searchable content for Web, mobile and print usage. Arbortext's software is installed at over 1,300 organizations worldwide.

Current customers include American Express Financial Services, Audi, Boeing, Bombardier, British Aerospace, Caterpillar, DaimlerChrysler, Ericsson Telecom, Ford, General Electric, GM, IBM, International Thomson Publishing, Lucent, Nokia, Nortel Networks, PeopleSoft, Pfizer, Ricoh, Sun Microsystems, Toyota, United Airlines, Volkswagen and Volvo. Arbortext is a founding member and active participant in the XML Activity of the World Wide Web Consortium (W3C). Headquartered in Ann Arbor, Michigan, USA, Arbortext has offices around the world. For more information please visit http://www.arbortext.com.

Press room: http://www.arbortext.com/html/press_room.html

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