ROCHESTER HILLS, Mich., Jan. 12, 2005 (PRIMEZONE) -- Absoft Corporation, leading provider of software development tools for the world's scientific, educational and business communities, announces record-high annual sales in 2004. Absoft, a closely-held private company, increased annual sales by 50% over the previous year's business activity, making 2004 Absoft's top-grossing year in the company's 25-year history.
Absoft's Fortran and C/C++ compilers & debugging software technology met with unparalleled success in 2004. Major scientific, research, educational and business institutions use Absoft tools to help solve complex computational problems running on all of today's leading computing platforms, from discovering new medicines and mapping molecules to simulating space shuttle trajectories. The company introduced several advanced technology innovations which contributed to the company's banner year, including Absoft's High Performance Computing Software Developer's Kit (HPC SDK) with IBM, the Visual Numerics' IMSL(tm) Fortran Numerical Library version 5.0; the advanced Fx2 Debugging Solution, and several popular new high performance compilers from both Absoft and IBM.
Notes Wood Lotz, Absoft Corporation President, "This dramatic business growth -- in a still-recovering economy and technology sector -- shows that our focus on substantive product improvements, on-time delivery, and innovative, best-of-breed product offerings is right on target. Additionally, expanding the Absoft team with seasoned executive management and skilled technical staff in our new High Performance Computing Group along with significant infrastructure improvements has strengthened our ability to serve our customers even more efficiently and grow as a result." Absoft anticipates that the company can sustain or surpass this rate of growth in 2005 based on current indications.
About Absoft Corporation
Celebrating 25 years of leadership, innovation and performance, Absoft Corporation (Rochester Hills, Michigan) is a global provider of software development tools needed to solve today's complex computational problems. Absoft introduced the first commercial 32-bit Fortran compilers for Macintosh, Windows-NT, Linux and High Performance Computing (HPC) environments, and leads the industry with the recently announced HPC Software Developers' Kit. Absoft business partners include Apple; IBM; Hewlett-Packard; Intel; Motorola; Cray Research; Sun; and Silicon Graphics. Absoft is the sole provider of source-compatible Fortran and debugging solutions for all of today's leading computing platforms. The world's major educational institutions, research laboratories, and Fortune 2000 companies use Absoft tools in a diverse range of scientific and engineering computing applications. For more information about Absoft, visit http://www.absoft.com, e-mail sales@absoft.com, or call 248-853-0050.
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