HostBridge Technology Record Revenues Continue in Q1 2008
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Record Revenues and Net Income Accelerate Growth
STILLWATER, Okla., May 20 /PRNewswire/ -- HostBridge(R) Technology, the
leading provider of mainframe-based software that allows companies to
integrate mainframe CICS(R) applications with any type of distributed
application, recorded 118% sales growth in Q1 2008 versus Q1 2007 and net
income much higher than Q1 2007. The growth in Q1 2008 continues a string of
increasingly strong quarters. In Q4 2007, the company showed record revenues
and net income compared to previous Q4 results and sales for all of 2007 were
the highest in company history.
"These revenue results are very gratifying," says Russ Teubner, CEO. "Our
successes represent the trust customers place in HostBridge to solve their
integration problems and our ability to deliver real solutions. We are
attracting new customers at a higher rate and our annual renewals continue to
grow. All of this sets the stage for some exciting developments at HostBridge
during 2008."
In 2007, HostBridge Technology became an IBM(R) Advanced Industry-
Optimized business partner and was accepted into the IBM SOA Specialty
program. In addition, IBM and HostBridge Technology collaborated to allow
HostBridge and IBM Rational(R) Developer for System z(TM) to work together,
creating a complete integration solution for CICS. HostBridge Technology also
strengthened its partnership with CA(TM) (now CA Smart Certified for CA
Ideal(TM), CA Telon(R), CA ADS(TM), and CA Gener/OL(TM)), entered into the
Oracle(R) Modernization Alliance, and developed the Pega(R) Connector for CICS
with Pegasystems, Inc. These partnerships, in addition to the collaboration
with IBM, contributed to the results already seen in Q1 and position
HostBridge Technology for continued growth throughout the rest of 2008.
About HostBridge Technology
Founded in 2000, HostBridge Technology has established a reputation within
the CICS community as the company that can solve the hardest integration
problems on-time and on-budget, even after competing solutions fail. The
HostBridge software provides immediate access to CICS resources as XML
documents or web services. Because it runs within CICS, the high-performance
engine benefits from the proven reliability and availability of the mainframe.
Being mainframe resident also places HostBridge in close proximity to the
legacy applications to create high-fidelity integration architectures. This
approach enables the legacy applications to remain unchanged and avoids the
inherent inefficiency of screen scraping.
HostBridge Technology provides software for IBM System z customers with an
ongoing investment in CICS applications. Using the HostBridge U.S. Patented
software, any middle-tier application can securely invoke CICS transactions as
web services and receive their output as XML documents. By providing real-time
access, along with high-performance process automation, HostBridge allows
enterprises to take a quantum leap forward in integrating CICS applications
into other business processes or offering CICS applications as Web Services.
HostBridge customers include Delta Dental, Navy Federal Credit Union, New York
City Department of Education, Experian, Farm Credit Services, Main Street
America Group, and others.
*(LOGO: Send2Press.com/mediaboom/08-0408-HostBridge_72dpi.jpg)
For more information about HostBridge, please visit:
http://www.hostbridge.com.
This release was issued on behalf of the above organization by
Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com
SOURCE HostBridge Technology
Jacob Hand of HostBridge Technology, +1-918-344-8229,
jake.hand@hostbridge.com
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