Claris Corporation, a wholly owned subsidiary of Apple Computer, Inc.,announced revenue for its fiscal quarter and fiscal year which ended Sept. 27, 1996.
Claris, which is among the world's eight largest vendors of applications software for personal computers, reported annual revenue of $236.2 million, and quarterly revenue of $56.6 million.
Annual revenue increased 42 percent over Claris revenue of $166.6 million in fiscal year 1995. The high growth in revenue year-over-year was due largely to strong sales of Apple-brand software, which Claris began distributing and selling one year ago, Claris said. Revenue from new and existing Claris-brand software also grew during the year, the company said.
New products were especially important to Claris in the final quarter of its fiscal year. Claris Home Page, the easy software solution for creating World Wide Web pages, first shipped in August and accounted for strong revenue in the fourth quarter. New Japanese versions of FileMaker Pro 3.0 database software, ClarisWorks integrated software, and ClarisImpact business- graphics software, all for Windows and Macintosh, shipped in the fourth quarter and created strong revenue in Japan, where Claris is a leading vendor of Windows and Macintosh software.
Small business customers and K-12 education users continue to be among the company's most important markets. Last quarter, Claris received the prestigious EdNET HERO Award, given annually to the vendor which has made the most significant positive impact on education through technology. This year's award recognized Claris leadership in easy-to-use software for teachers and students, such as ClarisWorks and Claris Home Page, which has helped drive computer use in schools.
Claris focus on usability and customer satisfaction was reinforced last quarter in a study by Dataquest, a Gartner Group Company. The study found that small-business users rate FileMaker Pro and ClarisWorks higher in reliability, ease of learning, value for the money and overall satisfaction than Microsoft Access and Microsoft Office.
"Our results and the recognition from our customers indicate Claris is on the right track in delivering simply powerful software solutions, and in satisfying customers' desire for usability and value," said Guerrino De Luca, Claris president.
Except for the historical information contained herein, the statements regarding revenue growth, revenue from new products, continuing focus on certain market segments, and the timing of execution of Claris' business plans are forward-looking statements that involve risks and uncertainties. Potential risks and uncertainties include, without limitation, continued competitive pressures in the marketplace; the effect competitive factors and Claris' reaction to them may have on consumer and business buying decisions with respect to Claris' products; and the ability of Claris to make timely delivery of successful technological innovations to the marketplace. More information on potential factors that could affect Claris' financial results is included in the public filings of Claris' parent, Apple Computer, Inc., specifically its Form 10-Q for the third fiscal quarter. Such information will also be included in Apple Computer, Inc.'s Form 10-K for the 1996 fiscal year, to be filed with the SEC.
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