SOURCE: Cincom Systems

July 31, 2006 11:55 ET

Cincom Announces 21st Straight Year of Over $100 Million in Revenue

Only Private Software Company in the World to Attain Lofty Feat

CINCINNATI, OH -- (MARKET WIRE) -- July 31, 2006 --Today, Cincom Systems, Inc. announced a record-breaking 21st consecutive year of generating over $100 million in revenue.

First in the World

Cincom is the only private software company in the world to achieve this stellar feat.

How?

Cincom CEO and Founder, Tom Nies, the longest-serving CEO in the computer industry, continues to vigorously and successfully lead Cincom. "Cincom has the most successful track record in the software industry because Cincom customers have the most successful track record of software implementation and utilization," said Nies.

To what does Nies attribute such long-term success? "Customers want solid solutions to their business problems, which a lot of technology vendors can give them," said Nies, but they also want, need and must have:

Superior Service: Since 1971, Cincom has provided 24x7 global customer service to thousands of customers with a 15-minute response time to mission-critical problems.

In the latest survey, 368 Cincom clients that actually used Cincom support, including all responses for all calls, for all products in the U.S. and Canada, reported:

--  A 100% on-time response rate for "Severity 1" (business-critical)
    customer service issues.
--  92% of customers would recommend Cincom software to another company.
    
Unmatched Value: Over the past 37 years, typical investment returns with Cincom technologies have ranged from 10 to 50 times client investments. Estimated average Return on Investment (ROI) realized by Cincom clients has been about 30 times their investments made with Cincom.

Unique and Unparalleled Returns

It is not unusual to find Cincom clients realizing ROI over 50 times the amounts invested with Cincom. Considering that the average ROIC, or Return on Invested Capital, among the Standard & Poor's 500 over the past 40 years is approximately 10%, the ROI that Cincom provides to customers on their investments may consistently rank among the very best investments made in any endeavor.

Sustainable, Dependable Solutions

Cincom software provides extraordinarily long usage life cycles that help further maximize the client ROI. Many clients have realized 20 or more years of trouble-free usage of Cincom technologies.

Cincom's Secret of Success?

"We have always defined our success by the success of our clients." Tom Nies

About Tom Nies

The longest actively serving CEO in the computer industry, Nies was recognized by President Ronald Reagan in 1984 as "the epitome of the entrepreneurial spirit of American business." In 1992, British Prime Minister Edward Heath honored Nies for Cincom's role in bringing the software industry to England. In 1995, he was profiled by the Smithsonian Institute as one of the "pioneers of the software industry," alongside other industry giants such as Bill Gates (Microsoft) and Larry Ellison (Oracle). In 2004, Ernst & Young inducted Nies into its Entrepreneur of the Year Hall of Fame. In 2005, along with the CEO of Adobe, Nies won the International Stevie Award for Best Executive in the International Business Awards -- "the business world's own Oscars," according to the New York Post. In 2005, Nies also received the University of Cincinnati Lifetime Achievement Award and in 2006, was named as one of the Top Ten IT Visionaries by START-IT magazine.

About Cincom

For nearly 40 years, Cincom has delivered innovative software and services that enable thousands of clients worldwide to simplify complex business processes. Cincom empowers clients to outperform their competition by providing ways to increase revenue, control cost, minimize risk and achieve rapid ROI.

Cincom serves clients on six continents including BMW, Citibank, Boeing, Northwestern Mutual, Federal Express, Ericsson, Penn State University, Milacron, Siemens, Rockwell Automation and Trane.

For more information about Cincom's products and services, contact Cincom at 1-800-2CINCOM (USA only), send an e-mail to info@cincom.com or visit the company's website at www.cincom.com.

Cincom and the Quadrant Logo are registered trademarks of Cincom Systems, Inc.

©2006 Cincom Systems, Inc. All Rights Reserved

Contact Information

  • Media Contact:
    Steve Kayser
    Cincom Systems, Inc.
    513-612-2348
    Email Contact