Business Services Industry
Logic Works is No. 20 on Inc. 100 list
Business Wire, May 9, 1996
PRINCETON, N.J.--(BUSINESS WIRE)--May 9, 1996--Logic Works Inc. (NASDAQ: LGWX) announced today that it was ranked twentieth on the Inc. Magazine 100 list of fastest-growing small public companies in America.
This is Inc.'s 17th annual addition of the list. Companies are ranked by the percentage growth in total revenues from fiscal years 1991 through 1995.
"We are truly honored to be ranked in the top 20 of such a celebrated list," said Benjamin Cohen, Logic Works' president and chief executive officer. "The dedication and hard work of Logic Works' employees continue to result in our company and products receiving recognition of this type."
On April 23, the company reported that revenues were $9.4 million in the first quarter of 1996, up 74 percent from revenues of $5.4 million for the first quarter of 1995. In 1995, the company reported $30.7 million in revenues.
Logic Works is a leading provider of client/server database design and business process re-engineering software solutions. Logic Works tools are adaptable to a wide variety of leading technologies, providing an open and extensible solution. Logic Works is headquartered in Princeton with federal government offices in Washington and international offices in the United Kingdom, Germany, Switzerland and Australia. Logic Works also has key distributors in the Far East and 42 countries worldwide. For more information on Logic Works products and services, visit the Logic Works home page at http://www.logicworks.com. On Compuserve, type GO LOGICWORKS. -0- Logic Works, ERwin and BPwin are U.S. registered trademarks of Logic Works Inc. Logic Works ModelMart, ERwin/Navigator, O Owin, RPTwin and Logic Works with logo are also trademarks of Logic Works Inc. All other brand or product names are trademarks or registered trademarks of their respective holders.
CONTACT: Logic Works Inc.
Benjamin Cohen, 609/514-1177 or
or
Thomas Associates Inc.
Joanne Marlin, 914/697-4787 or
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