Cincom Announces 20th Straight Year of Over $100 Million in Revenue

From: Cincom Systems, Inc.
Published: Mon Jul 18 2005

CINCINNATI, Ohio –– Cincom Systems, Inc. is proud to announce a record-breaking 20th consecutive year of generating over $100 million in revenue. Cincom achieved this remarkable feat despite the challenging and turbulent economic climate.

While accomplishing this milestone, Cincom adds to three years of financial success that have been the most profitable in the company's 37-year history. Cincom experienced dramatic improvements in the following financial measurements from calendar year 2003-2004:

·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.
·Gross revenue per employee increased from $161,200 to $181,800.

Cincom CEO and Founder, Tom Nies, the longest-serving CEO in the computer industry, continues to vigorously and successfully lead Cincom.

·In 1984, President Ronald Reagan recognized Nies as "the epitome of the entrepreneurial spirit of American business."
·In 1995, the Smithsonian Institute profiled Nies as one of the "pioneers of the software industry," alongside other industry giants such as Bill Gates of Microsoft (NASDAQ:MSFT) and Larry Ellison of Oracle (NASDAQ:ORCL).
·In 2004, Nies was inducted into Ernst & Young's Entrepreneur of the Year Hall of Fame.
·In May 2005, Nies won an International Stevie Award for Best Executive in the 2005 International Business Awards.

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

Proven Company Performance: While Cincom has a very successful 37-year track record, its 21st-century performance record outdistances industry peers like SAP (NYSE:SAP) and Oracle in many key performance measures.

Fast-track ROI: Cincom’s software and process solutions can be implemented in usually half the time (or less) it takes for typical alternatives. This provides a rate of return that is almost always significantly better than using the "next best" competitive product. These returns (ROI) are also realized much quicker.

High-Value, Low-Cost: Initial investment in Cincom products is typically much less than the average initial investment when using competitive products.

Superior Customer 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 a survey of 953 clients who used Cincom service and support in 2004 including all responses, for all calls, for all products in America and Canada:

·97% would recommend Cincom to others.
·For "Severity 1, business-critical" issues, Cincom achieved a 99% on-time response rate.

"Cincom, being a privately held company, has succeeded in the past and intends to continue to succeed in the foreseeable future by following one simple rule: Help our customers grow their businesses faster and more profitably, with far less upfront investment, much less risk and much greater and quicker ROI. Simple rule. But it’s worked so well for 37 years, why change now?" Nies said.

About Cincom
For nearly 40 years, Cincom 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 Business; 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.

Media Contacts:
Donna Hedge Steve Kayser
Public Relations Specialist Cincom Systems, Inc.
Cincom Systems, Inc. 513-612-2348

CINCOM, , and The World’s Most Experienced Software Company are registered trademarks of Cincom Systems, Inc. All other trademarks belong to their respective companies.

2005 Cincom Systems, Inc. All Rights Reserved

Company: Cincom Systems, Inc.
Contact Name: Jillian Dapore
Contact Email:
Contact Phone: 5136122104

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