Mindjet Makes 3rd Consecutive Appearance on the Prestigious Software 500

Software Magazine ranks MindManager maker among the world's largest software


Oct 04, 2004, 01:00 ET from Mindjet

    LARKSPUR, Calif., Oct. 4 /PRNewswire/ -- Mindjet, a leading provider of
 software for visualizing and managing information, today announced its
 inclusion on the Software 500, Software Magazine's list of the world's
 foremost software and services providers. The list is published as an online
 catalog on www.Softwaremag.com. Mindjet was ranked 374th this year, reflecting
 revenue growth of 175% since the company was first listed in the Software 500
 in 2002.
     "Mindjet's MindManager software excels at helping business professionals
 and teams plan, organize and manage information-based activities," says
 Mindjet CEO Robert Gordon. "Our customers find that when using MindManager,
 decisions are made more quickly, meeting times are decreased, and project
 planning is greatly improved -- and there is an actual improvement in the way
 people work. The almost immediate productivity gains our software delivers
 accounts for Mindjet's continued success, as reflected in our continued rise
 in the Software 500 ranking."
     The Software 500 is a revenue-based ranking of the world's largest
 software and services suppliers targeting enterprise IT organizations. The
 list includes both private and public companies; 30% of the 2004 Software 500
 companies are privately held. The Software 500 is a worldwide list in that any
 company may submit financial and product information via the annual Software
 500 survey, conducted 100% on the Web.
     "The software industry remains extremely dynamic, with 140 new companies
 appearing on the 2004 Software 500 list. Overall results were mixed, but total
 revenue for the 500 was up 14% and total employment up 8%," says John P.
 Desmond, editor of Software Magazine and Softwaremag.com. "Sectors strong this
 year include security, business-process management and system integration
 services, including outsourcing services."
     The ranking is based on total worldwide software and service revenue for
 2003. 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 www.Softwaremag.com, as well as
 from public documents.
     About Mindjet
     Mindjet is a leading provider of software for visualizing and managing
 information. With headquarters in California and operations throughout the
 world, the company develops software applications that improve business
 productivity by employing the power of information visualization for more
 effective planning, collaboration, and business process management.
 MindManager, the acclaimed flagship product with more than 500,000 licenses
 sold worldwide, helps business professionals from the majority of Fortune 500
 companies leverage corporate knowledge, shorten decision-making cycles, and
 quickly shift from planning to action. Mindjet received funding from 3i, a
 leading international private equity and venture capital firm. More
 information is available at www.mindjet.com.
     About Softwaremag.com, The IT Software Journal
     Softwaremag.com, The IT Software Journal, is the Web publishing effort of
 Software Magazine, a brand name in the industry for over 20 years.
 Softwaremag.com is the online catalog to enterprise software and the home of
 the Software 500 ranking of the world's largest software and services
 companies, now in its 22nd year. Software Magazine and Softwaremag.com are
 owned and operated by King Content Co., the Web content development and
 publishing firm run by John P. Desmond.
      Mindjet Contact:
      Hobart Swan
      Manager: External Affairs
      125 E. Sir Francis Drake Boulevard
      Larkspur, CA 94939
      Tel: (415) 925-3120 ext. 134
      Cell: (415) 250 1178
      Fax: (415) 925-3110
      Software 500 Contact:
      Kelley Conrad
      Software 500 Project Leader

SOURCE Mindjet