Press Releases - 2005

Best ever-Quarterly sales performance for IntelliPRINTPLUS suite.

Date: January 15, 2004

Cybernet Software Systems, Inc. today announced its best quarterly financial performance in the company's history for the Lotus Notes product suite.

In the OND quarter, IntelliPRINTPLUS & IntelliVIEW and PrintCAL registered a 32% increase from the last quarter and an increase of 47% when compared with OND 2003.

IntelliVIEW Version 3.0 was launched this quarter. With this the best gets even better with powerful feature additions and increased ease-of-use. Our customers love it at first sight and IntelliVIEW is bound to increase revenue streams for CSS in subsequent quarters.

CSS added 36 new customers this quarter, apart from many repeat transactions from our existing customers. All regions reported significant increase in revenues and customer addition.

Announcing the quarterly performance, Shiv Kumar, CEO told "The quarter has been exceptional for us, both in terms of technical advancements that we have made and revenue generation aspects. Our customers continue to increasingly leverage on IntelliPRINTPLUS & IntelliVIEW to enhance the ROI and lifecycle of their Notes applications. This offers Team CSS a great opportunity to deliver higher value."

IntelliPRINTPLUS for Domino and IntelliVIEW for Domino both reported significant increase in number of licenses sold. This illustrates the fact that more and more customers are web enabling their Lotus Notes databases.

CSS also significantly increased its headcount on the R&D and Sales function. The business prospects for JFM quarter looks very promising.

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