Ascentis Corporation Named to Software Magazine’s 22nd Annual Software 500
Ascentis Corporation today announced its inclusion on the Software 500, Software Magazine's list of the world's foremost software and services providers, published as an online catalog on www.Softwaremag.com. - Software Magazine Ranks Ascentis as one of the World’s Largest Software Companies
Bellevue, WA (PRWEB) November 18, 2004 -- Ascentis Corporation today
announced its inclusion on the Software 500, Software Magazine's list of the
world's foremost software and services providers, published as an online catalog
on www.Softwaremag.com.
Ascentis’ CEO, Charles D’Ambrosia, says, “Being included in the Software
500 reiterates the fact that Ascentis is an industry leader with a best
practices automated HR solution. Ascentis and HROffice are helping small and
mid-sized organizations nationwide streamline their HR and benefits management
processes and it’s truly an honor that Software Magazine recognizes our
success.”
"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. Site visitors will notice changes to
the Software 500 online this year that make it easier to navigate. Our aim is to
help CIOs, senior IT managers and IT staff research their partner options and
that is a valuable service."
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 private. 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 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 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.
About Ascentis
Corporation
Founded in 1994 and based in Bellevue, Wash., Ascentis
Corporation is a pioneer in state-of-the-art human resources management systems
(HRMS). The company’s flagship product, HROffice, eliminates the paper process
and builds on the latest technologies from Microsoft for easy integration with
those tools HR departments use on a day-to-day basis. Connect, communicate, and
control all aspects of HR with HROffice. HROffice provides comprehensive
benefits management, online benefits enrollment, and seamless connectivity to
payroll providers and insurance carriers for small to mid-sized
organizations.
As a Microsoft Gold Certified Partner, Ascentis
Corporation was named to the Deloitte & Touche prestigious Fast 50 Program
for the second year in a row – named one of the fastest growing technology
companies in Washington State. Additionally, Washington CEO Magazine included
Ascentis in its “Hightech 100” list, Workforce Management Magazine named
HROffice to its hot list of the “Top 15 HRMS Systems” in its March 2004 issue,
Software Magazine included Ascentis in its “2004 Software 500 list,” and
Forbes.com named Ascentis to its “Best of the Web Pick” in the human resources
category. For more information on Ascentis Corporation and the HROffice product
line, visit www.ascentis.com
or call 800.229.2713.
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Source : http://www.prweb.com/releases/2004/11/prweb180102.htm