Software Magazine Ranks PLM Vendor as One of the World's Leading Software Companies for Third Consecutive Year
In 2004, Agile Software grew revenue 36.6% to $96.3 million. The company continued its momentum among enterprises in the electronics and high tech, life sciences, automotive, consumer products and manufacturing industries. The company also experienced tremendous success with the release of Agile Advantage 2005, a PLM solution designed specifically to meet the needs of small and medium enterprises (SMEs). Customer wins in 2004 included Bayer HealthCare's US Consumer Care Division, Rheinmetall, Invitrogen, Optovia and Synthon, among others.
"Agile's growth is a reflection of our commitment to providing our customers with the most robust and comprehensive PLM solutions on the market," said Bryan Stolle, Agile CEO. "We are honored to be recognized as a software industry leader for the third consecutive year."
"The overall health of the software and services industries has improved, with revenue for the 2005 Software 500 at $383.3 billion worldwide for 2004, an increase of 16.5 percent over the previous year. The industry continues to be dynamic, with nearly 100 new companies on the 2005 Software 500 list," said John P. Desmond, editor of Software Magazine and Softwaremag.com. "Employee head count was up 13.7 percent and was strongest in the segments of collaboration/project management, system integration services and IT consulting, and the supply chain/manufacturing software segment."
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, and their IT professionals, software developers and business managers involved in software and services purchasing. The list includes both private and public companies; 28% of the 2004 Software 500 companies are private.
The ranking is based on total worldwide software and service revenue for 2004. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at http://www.Softwaremag.com , as well as from public documents.
About Agile Software Corporation
Agile Software Corporation helps companies drive profits, accelerate innovation, reduce costs, and ensure regulatory compliance throughout the product lifecycle. With a broad suite of enterprise-class PLM solutions, time-to-value focused implementations, and a unique Guaranteed Business Results program, Agile helps companies get the most from their products. Alcatel, Boeing, Dell Inc., Flextronics International, Hitachi, Leapfrog, Lockheed Martin, Magna Steyr, Siemens, QUALCOMM and ZF are among the over 10,000 customers in the automotive, aerospace and defense, consumer products, electronics, high tech, industrial products, and life sciences industries that license Agile solutions. For more information, call 408-284-4000 or visit www.agile.com.
NOTE: Agile and Agile Software are registered trademarks and Agile On Demand, Agile Advantage, Agile Product Collaboration, Agile Product Cost Management, Agile Product Service & Improvement, Agile Program Execution, Agile Engineering Collaboration, Agile Product Interchange, AgileMD and the Agile logo are trademarks of Agile Software Corporation in the U.S. and/or other countries. Guaranteed Business Results is a service mark of Agile Software Corporation. All other brand or product names are trademarks and registered trademarks of their respective holders.
CONTACT: Terri Pruett of Agile Software Corporation, +1-408-284-4048, or
Web site: http://www.agile.com/