SystemSoft doubles profits, adds OEMs
SystemSoft reports third-quarter profits more than double as the PC card and BIOS system software vendor snaps up additional manufacturer agreements.
SystemSoft posted net earnings of $1.7 million for the quarter ending October 31, compared with $826,000 for the same period a year ago.
The company's revenue growth, meanwhile, rose to $10.3 million for the quarter, up 67 percent from a year ago.
A rise in revenues came as more customers adopted the SystemSoft technology. The company cited increased agreements with original equipment manufacturers and peripheral makers for its SystemWizard call-avoidance software line.
SystemSoft also rolled out its Universal Serial Bus Software Suite during the third quarter, marking its newest product.