CodeFutures Continues Rapid Sales Growth in First Quarter 2005

CodeFutures Continues Rapid Sales Growth in First Quarter 2005

[Denver , CO, April 15, 2005] CodeFutures, the Java code generation tool vendor, today announced results for the first quarter of 2005, confirming the recent increasing momentum in sales. CodeFutures had its best quarter to date, with over 50% quarterly sales growth and more than 10 times more Q12004 sales. For the first time, CodeFutures had significant volumes of new customers purchasing Architect Edition licenses. This is significant for CodeFutures because its sales cycle to date has involved customers initially purchasing Enterprise Edition licenses and then upgrading later.

CodeFutures continued to add high profile customers in Q1, such as Kraft Foods, Inc. CodeFutures has also made progress in new markets, such as signing Technology Reply in Italy and Trend S.p.a. High profile new government sector customers include the Deptartment of National Defence - Canadian Forces and the Government of Singapore's Centre for Strategic Infocomm Technology.

"What's particularly good about CodeFutures sales is that February 2005 was the best month on record. We hope that we can continue to avoid the traditional software industry sales cycle with most sales are made in the last few weeks of the quarter." says PJ Murray, CEO, CodeFutures Software.

CodeFutures continues to make market progress with information technology consultancies using FireStorm/DAO to gain competitive advantage and reduce costs, including BT Applied Technologies and ENSCO, Inc. "Obviously, we're keen to promote the use of FireStorm/DAO within IT consultancies because they tend to provide good feedback about using FireStorm/DAO with a wide range of third-party databases and application severs." says Andy Grove, CTO, CodeFutures Software.

About CodeFutures Software

CodeFutures is the leading supplier of Java software development products for advanced data persistence. The benefits provided by CodeFutures' approach are higher developer productivity, better software quality, and lower maintenance costs. CodeFutures' first product, the award-winning FireStorm/DAO, makes software developers more productive by generating the Java code for accessing relational databases.

CodeFutures' code generation approach provides faster and cheaper application development, higher quality applications, more predictable and consistent results, faster software product development cycle times, faster time to market for commercial application development, reduced project costs, and reduced project risks. CodeFutures approach ensures that the focus of software developers is solving business problems.

CodeFutures' products are used by corporate Java software programmers in sectors such as television (BBC Technology, Turner Broadcasting), finance (Lehman Brothers, JP Morgan), military systems (BAE, Lockheed Martin), government (Missouri Lottery, Port of Barcelona), IT consulting (Siemens Business Systems, LogicaCMG, BearingPoint, SDS, IBM), retail (MetCash, Ahold USA), high technology (EMC, Macromedia), and industry (Suzuki, AREVA).

For more information, please contact:

CodeFutures Software
Interlocken Center
11001 W. 120th Avenue
Suite 400
Broomfield , CO 80021

Fax US: +1 303 484 5134
Phone US: +1 303 604 9669
Toll Free US: 866 604 9669



	FireStorm/DAO is a code generator for Java persistence that generates Data Access Objects based on Java DAO, JDBC DAO, Hibernate Java Persistence, JPA Persistence, and Spring DAO.

	Copyright © 2003-2008 Code Futures Software, Ltd. All rights reserved.	APPLICATION DEVELOPMENT PRODUCTIVITY™
	Data Persistence \| Data Access Object Site Map \| Java Persistence \| Legal Data Transfer Object \| Hibernate Java \| Service Data Object FireStorm/DAO™, FireStorm/SDO™, and CodeFutures™ are trade marks of Code Futures Software Ltd.

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CodeFutures Continues Rapid Sales Growth in First Quarter 2005

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