Integic Achieves Record Quarterly Revenue

In Slowing Market, Integic Continues Double-Digit Growth



Apr 11, 2001, 01:00 ET from Integic Corporation

    CHANTILLY, Va., April 11 /PRNewswire/ -- Integic Corporation today
 announced the best quarterly financial results in the history of the 10-year-
 old company.
     On the heels of a record year, Integic posted revenue of $26 million with
 a $2.5 million profit for the first quarter ended March 31, 2001.  The numbers
 represent a 21 percent increase in revenue over the same quarter last year
 with profits more than doubling.
     "We've been a consistent success since day one.  We added 45 new customers
 last year alone," said Robert E. LaRose, president and CEO of Integic.  "We
 continue to provide valuable solutions that significantly improve the way our
 customers operate.  Many of our customers have been with us for years because
 we help them incrementally apply emerging technologies, such as the Internet,
 to solve operational issues."
     New contracts for Integic's CRF WorkManager, which automates all phases of
 clinical trials for pharmaceutical and clinical research organizations, played
 a large role in the first quarter success.  Besides the continuing influx of
 revenue from federal health care programs, contracts within the federal
 government for solutions such as contracts, claims, action item/correspondence
 and financial management are also generating significant revenue.
 
     About Integic
     Integic delivers vertically focused inter-enterprise applications and
 business-to-business integration solutions that transform business and
 technology strategies.  With more than a decade of experience, Integic
 prepares its customers to take immediate advantage of the Web, streamlining
 operations and increasing ROI while leveraging new market opportunities.
 Integic's proprietary e-process software, e.POWER(R), combined with market-
 leading business application software, creates a proven e-business platform
 that is easily integrated with legacy systems for enhanced productivity,
 return on investment and enterprise success.  With a growing client-base in
 targeted industries, Integic leverages its subject matter expertise and market
 leading partners to deliver end-to-end solutions.  Clients include Sony Music
 Entertainment, the Department of Defense, the Military Health System, Dominion
 Resources, Schering, Xerox and many more.  For more information, please visit
 http://www.integic.com .
 
 

SOURCE Integic Corporation
    CHANTILLY, Va., April 11 /PRNewswire/ -- Integic Corporation today
 announced the best quarterly financial results in the history of the 10-year-
 old company.
     On the heels of a record year, Integic posted revenue of $26 million with
 a $2.5 million profit for the first quarter ended March 31, 2001.  The numbers
 represent a 21 percent increase in revenue over the same quarter last year
 with profits more than doubling.
     "We've been a consistent success since day one.  We added 45 new customers
 last year alone," said Robert E. LaRose, president and CEO of Integic.  "We
 continue to provide valuable solutions that significantly improve the way our
 customers operate.  Many of our customers have been with us for years because
 we help them incrementally apply emerging technologies, such as the Internet,
 to solve operational issues."
     New contracts for Integic's CRF WorkManager, which automates all phases of
 clinical trials for pharmaceutical and clinical research organizations, played
 a large role in the first quarter success.  Besides the continuing influx of
 revenue from federal health care programs, contracts within the federal
 government for solutions such as contracts, claims, action item/correspondence
 and financial management are also generating significant revenue.
 
     About Integic
     Integic delivers vertically focused inter-enterprise applications and
 business-to-business integration solutions that transform business and
 technology strategies.  With more than a decade of experience, Integic
 prepares its customers to take immediate advantage of the Web, streamlining
 operations and increasing ROI while leveraging new market opportunities.
 Integic's proprietary e-process software, e.POWER(R), combined with market-
 leading business application software, creates a proven e-business platform
 that is easily integrated with legacy systems for enhanced productivity,
 return on investment and enterprise success.  With a growing client-base in
 targeted industries, Integic leverages its subject matter expertise and market
 leading partners to deliver end-to-end solutions.  Clients include Sony Music
 Entertainment, the Department of Defense, the Military Health System, Dominion
 Resources, Schering, Xerox and many more.  For more information, please visit
 http://www.integic.com .
 
 SOURCE  Integic Corporation