CodeFutures Press Releases

Friday, April 15, 2005

CodeFutures Continues Rapid Sales Growth in First Quarter 2005

CodeFutures, the database access 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, VP Product Management, 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, Chief Architect, CodeFutures Software.

Additional information on FireStorm/DAO is available here:
/firestorm/


FireStorm/DAO is available for download here:
/products/firestorm/download/

About CodeFutures

CodeFutures is the leading supplier of database performance tools. The benefits provided by CodeFutures' database access tools are higher developer productivity, better software quality, and lower maintenance costs. CodeFutures' first product, the award-winning FireStorm/DAO, makes Java software developers more productive by generating Java DAO ( Data Access Object) code for accessing relational databases.

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

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