Datawatch Corporation, the leading global provider of report analytics products and services, was named to the 24th Annual Boston Globe 100 list of the top-performing public companies in Massachusetts, placing 93rd in its first inclusion on the list in several years. Datawatch also cited as one of the Globe’s 100 “bullish” stocks, having ranked 2nd amongst Massachusetts companies for one-year total return for the period ending March 31, 2012.
“This past year was a transformational one for Datawatch,” states Michael A. Morrison, president and CEO, Datawatch Corporation. “Being included in the Boston Globe 100 is a public validation of the success we have achieved. Datawatch is continuing that momentum into 2012, as we leverage our industry-leading report analytics technology to address the challenges faced by organizations worldwide related to business analytics on semi-structured report data.”
“The positive momentum we are seeing in the economic recovery is illustrated by the Globe 100 returning to full strength. It’s a powerful testament to the resiliency of Massachusetts’ businesses,” comments Boston Globe Business Editor Shirley Leung.
To qualify for the Globe 100, a company must have been public for the entire 2011 calendar year and have reported a positive net income for both 2010 and 2011.
About the Globe 100 Ranking Methodology
The Globe 100 ranks Massachusetts-based public companies based on financial data from the four quarters ending December 31, 2011. To be eligible, the company must be traded publicly for the entire 2011 calendar year on the New York Stock Exchange, the NASDAQ or the American Stock Exchange and report revenue and profit for both 2010 and 2011. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2011 revenue.
About Datawatch Corporation
Datawatch Corporation (datawatch.com) empowers organizations to transform the massive amounts of valuable information that is trapped in static reports, PDF files, HTML and other content-rich, but difficult-to-use data sources, into a dynamic information analytics system that accelerates and improves decision-making throughout their operations. Datawatch’s technology allows its more than 40,000 customers worldwide to leverage the investments they have made in reports from ERP, CRM and other custom applications into a high performance analytic information system at a fraction of the cost and time of traditional approaches. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Sydney and Manila, with partners and customers in more than 100 countries worldwide. Twitter @datawatch
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements, including but not limited to those relating to results of operations, contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: risks associated with the continuing weak global economy; risks associated with fluctuations in quarterly operating results; the volatility of Datawatch’s stock price; limitations on the effectiveness of internal controls; rapid technological change; Datawatch’s dependence on the introduction of new products and possible delays in those introductions; competition in the software industry; Datawatch's dependence on its principal products; proprietary software technology and software license agreements; risks associated with international sales; risks associated with indirect distribution channels; the adequacy of Datawatch’s sales returns reserve; risks associated with a subscription sales model; risks associated with acquisitions; Datawatch’s dependence on its ability to hire and retain skilled personnel; and uncertainty and additional costs that may result from evolving regulation of corporate governance and public disclosure. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company's Annual Report on Form 10-K for the year ended September 30, 2011 and Form 10-Q for the quarters ended December 31, 2011 and March 31, 2012. Any forward-looking statements should be considered in light of those factors.
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