PRESS: Informix in the News
List of Informix related articles. Format: PUBLICATION "Article Name" Summary of Article [Date, Location in Publication, Author] Informix in the News --------------------------------- (05/25/98) CNET - NEWS.COM "Informix Can=92t Win For Losing" Informix has restated its previously announced first-quarter profits of $4.9 million to reflect a loss of $400,00. Revenues were reduced by $6.2 million which will be evenly deferred over 1998 and 1999. As recommended by former auditors Ernst & Young, Informix agreed to count revenues only after its products were shipped to the customers of its industrial manufacturers. According to CFO, Jean-Yves Dexmier, this re-statement should send a message to Wall Street that Informix is a conservative company when it comes to counting its revenues. (Dawn Kawamoto, 5/21/98) Additional Coverage: THE WALL STREET JOURNAL "Software Maker Restates Results, Reversing Profit" (5/21/98) INFOWORLD ELECTRIC "Error Lowers Informix=92s First-Quarter Revenues by $6.2 million" (Elinor Mills, 5/21/98) INFORMATIONWEEK "Informix Restates Earnings =96 1Q Profit Turns into $386,000" (John Foley, 5/25/98) THE SAN FRANCISCO CHRONICLE "Informix Profit Will Become a Small Loss" (Jamie Beckett, 5/21/98) MONEY DIGEST - SAN JOSE MERCURY NEWS "Informix Restates Results to Show 1st-quarter Loss" (5/21/98) COMPUTER RESELLER NEWS "Informix Restates Earnings =96 Again" (Shawn Willett, 5/21/98) LOS ANGELES TIMES "California/News and Insight on Business in the Golden State; Spotlight: Informix Restates 1st-quarter Results" (5/21/98) DOW JONES ONLINE NEWS "Database Concern Informix Restates Results, Reversing Profit" (5/21/98) DOW JONES NEWS SERVICE "Informix Restates -2: Reclassifies Industrial License Revenues" (5/20/98) TECHINVESTOR "Excite=92s Rebuff Leads Internet Stocks Higher" (Gabrielle Jonas, 5/21/98) NEW STRAITS TIMES - MANAGEMENT TIMES "Informix Goes for Partnership Approach" Informix Sdn Bhd plans for a deeper partnership approach with leading solution providers in order to provide superior solutions for organizations seeking competitive advantage. Through this approach, Informix wants to integrate and merge its products with that of its partners in order to provide better output. (5/21/98) NEW STRAITS TIMES "Informix on Recovery Route to Profitability" Informix Sdn Bhd believes that the encouraging financial results for the first quarter of this year is an early indication that the parent company is on the way to recovery. C.J. Chang, Informix Malaysia=92s managing director, said the results has placed the company in a more comfortable position to do well this year. Informix=92s worldwide revenues for the= first quarter reached $167.2 million, a 12.1 percent increase. The company reported a net profit of $4.9 million and Chang claims that Informix currently has a strong financial hold. (I-Mei Low, 5/21/98) Additional Coverage: NEW STRAITS TIMES "Informix Revenue Up 20 Percent in First Quarter" (Trina Thomas Raj, 5/18/98) NEW STRAITS TIMES "Informix on Recovery Route to Profitability" (I-Mei Low, 5/21/98)