DAY SOFTWARE LICENSE REVENUE JUMPS 70% IN Q3
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ Global Demand for CQ5 Platform Accelerates with Major New CustomerWinsBasel, Switzerland and Newport Beach, Calif. - October 13, 2009 - DaySoftware (SIX: DAYN, OTCQX: DYIHY), a leading provider of contentmanagement and content infrastructure software, today announced itsinterim financial results for Q3 2009 with a 70% increase in licenserevenue over Q3 2008. Day's Q3 license growth led to a 37% increasein year-to-date license revenue over the corresponding period for2008, up from 26% license revenue growth from Day's reported 1H 2009financial results.Day's Q3 license growth was driven by major new competitive wins andincreased installed based investment in Day's CQ5 Web ContentManagement platform and new CQ5 Digital Asset Management (DAM) andSocial Collaboration (SoCo) modules. Globally, Day saw continuedstrength across all major markets, with a resurgent U.K. operationunder Day's newly installed team achieving record growth to becomeDay's second-largest market in Q3 after the United States (U.S.).Eleven new customers joined the Day community in Q3. In NorthAmerica, Day added Newsweek (U.S.), Ingersoll-Rand (U.S.), andGovernment of New Brunswick (Canada). In Europe, Day's new teamsadded WGSN (U.K.), Prenatal (Italy), and Esselunga (Italy). Also inEurope, Day saw new wins at both Fraunhofer (Germany) and Sympany(Switzerland).Nine existing customers upgraded and expanded the use of CQ5. Majorcustomer reinvestment in Day in Q3 included Clifford Chance and Audiin the U.K., La Banque Postale in France, and Land TransportAuthority (LTA) in Singapore. In the U.S., Day also saw renewedinvestment by major customers Nissan, Williams-Sonoma andIntercontinental Hotel Group (IHG)."I am pleased to see that market interest in CQ5's open, modulararchitecture and fun-of-use continues to drive customer tractionacross all major sales regions," says Erik Hansen, CEO of DaySoftware. "I am particularly pleased to see the strong contributionto growth from the U.K. and the early returns to our dedication andfocused investment in building a strong U.K. operation."Hansen concluded, "We continue to see a general trend towardsmigrating from legacy Web 1.0 systems to new, modern contentmanagement (CMS) platforms like CQ5. This was an excellent start tothe second half of the year, and we see an improved outlook for ourfinancial performance through the end of the year."About Day - www.day.com, (at)daysoftwareDay Software is the ECM pioneer that leading global enterprises relyon for their Web 2.0 content application and content infrastructureneeds. Day's Content Repository Extreme (CRX) is the industry'sleading Java Content Repository (JCR) that provides uniquevirtualization services to consolidate legacy repositories and uniquecloud computing services to lower IT operational costs. Day'sCommunique CQ5 provides industry-leading Web Content Management,Digital Asset Management, and Social Collaboration in a single,unified suite and won the 2009 InfoWorld Technology of the Year Awardfor "Best Web CMS".Day is an international company with headquarters in Basel,Switzerland and Newport Beach, California, traded since April 2000 onthe SIX Swiss Exchange, and "Over the Counter" (OTC) as AmericanDepositary Receipts (OTCQX:DYIHY). Day's customers are worldwideleading global enterprises, including: Volkswagen, Daimler, Nissan,Chanel, Allianz, Vodaphone, LaPoste, Time, Inc., University ofPhoenix, and InterContinental Hotels.For Further Information:Peter NachburDay Software AGBarfuesserplatz 64001 Basel, SwitzerlandT +41 61 226 98 98E-Mail: peter.nachbur(at)day.comWarning Regarding Forward-looking StatementsThis press release may contain forward-looking statements aboutfuture events or the future development of Day Software Holding AGand its subsidiaries ("the Company"). Terms such as "expect,""assume," "intend," "believe," "want" and any variations of theseterms or similar expressions are used to make forward-lookingstatements. These statements are subject to change, and Day cannotnecessarily provide information about such changes. Of course, actualevents or results can deviate significantly from the forward-lookingstatements. The company's share is not listed on any stock exchangein the US, and the company does not file any documents (e.g. 10-K and10-Q) with the US Securities and Exchange Commission SEC under theSecurities Exchange Act of 1934.http://hugin.info/131802/R/1347088/323791.pdf --- End of Message ---Day Software Holding AGBarfüsserplatz 6 Basel SchweizWKN: 936168; ISIN: CH0010474218; Index: SPI, SPIEX, SSCI;Listed: Main Market in SIX Swiss Exchange;
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Datum: 13.10.2009 - 06:55 Uhr
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