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Technology Stocks : Ascential Software (ASCL) -- Ignore unavailable to you. Want to Upgrade?

To: SemiBull who wrote (164)11/13/2003 7:32:33 PM
From: SemiBull  Read Replies (1) | Respond to of 179
Ascential Software Reconfirms Guidance at Annual Investors' Conference

Thursday November 13, 12:22 pm ET

WESTBORO, Mass., Nov. 13 /PRNewswire-FirstCall/ -- Ascential Software Corporation (Nasdaq: ASCL - News), the enterprise data integration leader, reconfirmed guidance for its fourth quarter 2003 revenue in the range of $61 million to $64 million and full-year 2004 in the range of $265 million to $275 million. For additional details on the company's guidance, please refer to the October 23, 2003 earnings press release and the related archived conference call available on the investor section of the Ascential Web site.

Ascential Software management provided this financial guidance at the Company's Annual Investors' Conference held yesterday in New York City. An archived webcast of the entire event can be accessed at until 5:00 p.m. Eastern Standard Time on December 12, 2003.

The conference included presentations by Peter Gyenes, Chairman and CEO, Pete Fiore, President, and Bob Zurek, Vice President, Advanced Technologies and Product Management. In addition, the conference featured panel discussions with Ascential customers and partners who provided insight into their business and information technology strategies, current deployment of Ascential solutions, and perspective on Ascential's strategic direction and product roadmap. The Ascential partner panel included BearingPoint Inc., IBM and MicroStrategy. The Ascential customer panel included A.G. Edwards & Sons Inc., CCC Information Services Inc., Household Finance Corporation and Panasonic Management Information Technology Services Company.

About Ascential Software

Ascential Software Corporation is the leading provider of enterprise data integration solutions to organizations worldwide. Customers use the Ascential(TM) Enterprise Integration Suite to integrate and leverage data across all transactional, operational, and analytical applications with confidence in the accuracy, completeness and timeliness of critical information. Ascential Software's powerful data profiling, data quality, data transformation, parallel processing, meta data and connectivity solutions enable customers to reduce total cost of ownership and increase return on IT investment. Headquartered in Westboro, Mass., Ascential Software has offices worldwide and supports more than 3,000 customers in such industries as financial services, telecommunications, healthcare, life sciences, manufacturing, consumer goods, retail, and government. More information on Ascential Software can be found on the web at

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This public announcement contains and references forward-looking statements that are subject to numerous risks and uncertainties. These forward-looking statements address a variety of subjects including, for example, revenue, revenue growth; customer value; technology differentiation; activity levels and sales pipeline; market validation; increased market presence and visibility; payment of the remaining balance for the remaining Mercator shares; market opportunity of integration infrastructure; expanded customer base and growing market demand; changes to the enterprise data integration landscape; increased presence of data integration through the harnessing of the benefits of a Service Oriented Architecture and elimination of concerns about data sources, quality, volumes and latency; ability of customers to integrate and leverage data; growth of the enterprise data integration market and the company's unique position therein; seasonality; the functionality, characteristics, quality and performance capabilities of Ascential Software's products and technology; results achievable and benefits attainable through deployment of Ascential Software's products; anticipated innovation and product development; reduction in total cost of ownership for customers and return on IT investment; profitability; costs and expenses; interest income; 2004 tax rates; and the usefulness of pro forma results. Any statements contained in this public announcement, including without limitation statements to the effect that the company or its management "believes," "expects," "anticipates," "plans," "may," "will," "projects," "continues," "intends" or "estimates," or statements concerning "potential" or "opportunity" or other variations thereof or comparable terminology or the negative thereof that are not statements of historical fact should be considered forward-looking statements as a result of certain risks and uncertainties. These risks and uncertainties could cause actual results and events materially to differ for historical or anticipated results and events. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the closing of the company's books and customary quarter-end accounting procedures; the ability of Ascential Software to expand its market share; growth rates for the enterprise data integration software market; general business conditions in the software industry, the technology sector, and in the domestic and international economies; rapid technological change in the markets served by Ascential Software; dependence on international operations; global and geopolitical instability; and difficulties that Ascential Software may experience integrating technologies, operations and personnel of completed or future acquisitions, including the recent acquisition of Mercator Software, Inc. The financial measures discussed in this press release also involve risks and uncertainties and are subject to final accounting results for the period or periods covered. Investors and potential investors should review carefully the description of risks and uncertainties that, together with other detailed information about the company, is contained in the periodic reports that the company files from time to time with the Securities and Exchange Commission, including the company's most recent Form 10-Q. The forward-looking statements and financial measures contained herein represent the judgment of Ascential Software, as of the date of this release, and Ascential Software disclaims any intent or obligation to update such forward-looking statements to reflect any change in Ascential's expectations with regard thereto or any change in events, conditions, and circumstances on which such statements are based.

Ascential is a trademark of Ascential Software Corporation or its affiliates and may be registered in the United States or other jurisdictions. Other marks are the property of the owners of those marks.

Source: Ascential Software Corporation