SOURCE: IBM

February 13, 2007 09:00 ET

MEDIA ALERT: IBM Software Business Update

ARMONK, NY -- (MARKET WIRE) -- February 13, 2007 --


WHAT:     IBM Software Business Update

WHO:      Steve Mills, IBM Senior Vice President & Software Group Executive

WHEN:     February 13, 2007
          11:00 a.m. EST

TELECON:  U.S.: 800-905-0392
          International: 785-830-1913
          Confirmation Code: 6602488

IBM SVP Steve Mills will discuss how the company's broad software portfolio delivered $18.2 billion in revenue, grew 8 percent for the full year, and was the largest profit contributor to IBM's $91.4 billion of revenue in 2006.

Mills also will unveil new software offerings and invite customers to discuss how IBM (NYSE: IBM), the world's second largest software company, is helping them manage an avalanche of business information and use it for a competitive advantage.

During the briefing, Mills also will detail how IBM is applying its combination of software, hardware and business consulting services to rapidly capitalize on a $1 billion investment and cross-company initiative it launched a year ago to capture the emerging Information on Demand business opportunity.

Gain a better understanding about the key drivers behind IBM's best software revenue growth in over five years. The company's software momentum was led by strong results from its middleware business and immediate contributions from strategic acquisitions, such as FileNet, which closed strong in 4Q '06 and enabled the company's Information on Demand offerings to grow 42 percent in the quarter.

Mills and the customers will participate in a live Q&A session following their remarks.

Contact Information

  • CONTACT:
    Chris Andrews
    914-766-1195