SOURCE: Cincom Systems

April 27, 2005 12:00 ET

Cincom Founder Tom Nies Wins International Stevie Award in Second Annual International Business Awards

Cincom Also Recognized as Finalist for Best Multinational Company

CINCINNATI -- (MARKET WIRE) -- April 27, 2005 -- Thomas M. Nies, Cincom® Systems' Founder, President and CEO, has won an International Stevie™ Award for Best Executive in the 2005 International Business Awards(SM). In addition, Cincom Systems has earned a Certificate of Finalist Recognition in the Best Multinational Company category.

Nies, once hailed by the late President Ronald Reagan as "the epitome of the entrepreneurial spirit of American business," was recognized for his lifelong success, which includes:

--  More than $3 billion in revenue generated from a meager $600 start-up
    investment
--  Nineteen straight years of generating more than $100 million in
    revenue -- a feat unparalleled in the software industry except for
    Microsoft
    
Over the last three years, Nies has led Cincom to its best business-performance years ever through some of the most challenging economic conditions in the technology industry. Corporate financial performance highlights for calendar year 2004 vs. 2003 include:

--  Revenue increased by 25%.
--  Profits increased by 28%.
--  Return on Invested Capital increased from 57.3% to 81.1%.
--  Calendar year 2004 was Cincom's second most profitable year ever.
--  The past three years have been the most profitable ones in Cincom's 36-
    year history.
--  Gross revenue per employee increased from $161,200 to $181,800.
    
Nies also has the distinction of being featured in the famous Smithsonian Institution as one of the "pioneers of the software industry," alongside other industry giants such as Microsoft's Bill Gates and Oracle's Larry Ellison. (Visit http://americanhistory.si.edu/collections/comphist/nies.htm.)

The International Business Awards are the only global, all-encompassing business awards program honoring great performances in the workplace.

Nicknamed the Stevies for the Greek word "crowned," the awards will be presented to winners at a gala dinner on Thursday, May 19, at the Sheraton New York Hotel & Towers in New York City. Speedera Networks will videocast the ceremonies live worldwide, and the Business TalkRadio Network will broadcast the event live on radio in the U.S.A.

Recipients of the International Stevie Award trophies were selected from more than 600 nominations received from companies and individuals in more than 30 countries. Members of the Awards' Board of Distinguished Judges and Advisors and their staffs selected International Stevie winners from among the finalists, which were determined by volunteer judges from around the world during two months of preliminary judging.

About Cincom Systems

For nearly 40 years, Cincom's software and services have helped thousands of clients worldwide simplify the management of complex business processes. Cincom specializes in the five areas of business where simplification brings the greatest value to managers who want to grow revenue, control costs, minimize risk, and achieve rapid ROI better than their competitors: Data Management; Marketing, Sales and Customer Service; Application Development; Manufacturing, and Outsourcing/Hosting.

Cincom serves thousands of clients on six continents including BMW, Citibank, Boeing, Northwestern Mutual, Federal Express, Ericsson, Penn State University, Messier-Dowty, 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.

About the Stevie Awards

Hailed as "the business world's own Oscars" by the New York Post (September 22, 2002), Stevie Awards are conferred in three programs: The American Business Awards, The International Business Awards and The Stevie Awards for Women Entrepreneurs. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com. Complete lists of International Stevie winners and other details are available at www.stevieawards.com/iba.

CINCOM is a registered trademark of Cincom Systems, Inc. All other trademarks belong to their respective companies.

Contact Information