|
Cranes Software launches Japanese language version of SYSTAT 11
Localized version release to further strengthen position in significant market
Bangalore, September 20, 2005:
Cranes Software International Ltd., a global scientific and engineering software solutions provider, has announced the introduction of the Japanese language version of its acclaimed statistical analysis software SYSTAT 11. This new language version will now reach users in Japan with a local language graphic user interface, online helpdesk support and translated technical manuals.
This launch provides the opportunity to further penetrate the significant user base within the second largest software market globally through a value-added offering. This is the second localized software launch by Cranes in Japan, following the previous release of the SYSTAT 10.2 in Japanese.
Speaking at the launch, Asif Khader, CEO, Cranes Software said, "The launch of the Japanese version of SYSTAT 11 takes forward our objective of establishing a global business with a strong localized feel in each of our focus geographies. This model of aligning with our local partner for language version development has worked well for us, and we hope to extend it further in Japan and several other countries. We plan to release more language versions of our proprietary software to penetrate deeper into the scientific and engineering user bases and communities worldwide."
Growth through localized business strategies
The Japanese version of SYSTAT 11 takes forward Cranes' objective of providing a strong local flavour to its global business. The Company has established a widespread presence in important business regions across the globe; local market driven strategies in each geography; and a pipeline of localized software to penetrate deeper into language-sensitive markets.
Success at driving demand from several key markets has led to ongoing financial outperformance delivered by the Company since inception, and particularly since the initiation of IPR ownership over the last five years. Revenues of Cranes' proprietary software products touched US$ 30 million last year, which constituted over 80% of the business.
Ongoing IP enhancement initiatives
Backing Cranes' focused acquisition strategy has been a well-structured, post-acquisition software development and IP evolution process. Dedicated R&D teams are focused on evolving the Company's proprietary software products on a defined roadmap. New versions, with significantly enhanced features, have been launched regularly as a result, creating greater demand-pull from existing and new users.
SYSTAT's core development team is headed by world renowned statistician Prof. T. Krishnan. This team comprises of key researchers and statistical analysts who continuously work towards enhancing products to provide specialized domain expertise to their customers.
About SYSTAT 11
SYSTAT 11 provides statisticians and professional researchers advanced statistical and graphical capabilities. SYSTAT 11 has several new features such as the Markov Chain Monte Carlo (MCMC) technique and Quality Analysis that allow the product to be marketed to specific user groups. The new version has transitioned SYSTAT from FORTRAN to C environment. SYSTAT was rated the Top Statistical Data Analysis Product in the world by the Scientific Computing and Instrumentation Journal in 2004.
About Cranes Software International Ltd. (CSIL)
Cranes Software was founded in 1991 to bring globally acclaimed scientific computing products to India. Today, Cranes Software's business interests straddle products, services, R&D in future technologies, training and high-end consultancy for engineers and scientist worldwide. Cranes Software offers highly acclaimed products such as SYSTAT, SigmaPlot, SigmaStat, SigmaScan, TableCurve 2D, TableCurve 3D and PeakFit to its customers. Focused on the niche scientific and engineering community, Cranes Software has addressed the needs of a variety of customer groups ranging from large MNCs to the US armed force for over a decade.
Cranes Sftware has its presence in 38 countries across the world and has a user base of more than 350,000. Cranes Software also offers world-renowned solutions from reputed principals such as The MathWorks, Texas Instruments, and IBM through product alliances.
For more information visit www.cranessoftware.com
Certain statements in this release concerning our growth prospects are forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties, including government actions; local political or economic developments; technological risks; risks inherent in the company's growth strategy; dependence on certain clients; dependence on availability of technical consultants and other factors that could cause our actual results to differ materially from those contemplated by the relevant forward looking statements. The Company undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
For further information, please contact :
Contact : Akila Lean (Cranes Software International Limited)
Phone : +91 80 51120000
Fax: +91 80 51231274
E-mail :
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Contact : Shiv Muttoo (Citigate Dewe Rogerson)
Phone : +91 22 2284 2728
Fax : +91 22 2284 4561
E-mail :
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
|
