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EDI Solution Provider Covast Strikes Gold in Third Quarter 2003 Record Quarter Follows Banner Second Quarter and Stems From Significant New Customer Wins ATLANTA, GA – November 20, 2003 – Covast, provider of the
recommended electronic data interchange (EDI) solution for Microsoft BizTalk
Server, announced today that in Q3 the company increased revenues over a phenomenal
Q2 of this year by yet another 17% and topped third quarter 2002 revenues by
183%.
Contributing significantly to the surge in revenues was the fact that the company
brought on over twenty new customer accounts worldwide, including:
-- Abbott Systems |
-- U.S. Steel |
-- MGA Entertainment |
-- Serviport (Spain) |
-- Tellabs |
-- Berri (Australia) |
-- Movado |
-- Moypark (United Kingdom) |
“We were confident that after joining Microsoft’s Partner Program
we would see a rapid increase in new customer acquisition both for Covast and
for Microsoft BizTalk Server,” said Daan Scheer, founder and CEO, Covast.
“The success of this quarter can be directly attributed to Covast being
the recommended EDI solution for Microsoft BizTalk Server.”
Covast’s flagship EDI Accelerator enables complex EDI support within Microsoft
BizTalk Server. The combination of Covast’s EDI Accelerator with BizTalk
Server enables companies to securely manage the co-existence of EDI and proprietary
file formats with new, open standards such as XML.
Covast is a premier member of the BizTalk Server Partner Program and will support
the upcoming Microsoft BizTalk Server 2004, the foundation for Microsoft’s
“Jupiter” vision.
About Covast
Covast provides the Microsoft recommended EDI solution for BizTalk Server.
The combination of Microsoft BizTalk Server and the Covast EDI Accelerator delivers
the ultimate B2B solution - enabling companies to easily integrate their EDI
infrastructures with internal applications and providing a gateway for connecting
trading communities. With its European headquarters in the Netherlands and its
U.S. headquarters in Atlanta, Covast has strategic relationships with partners
and customers including Microsoft, HP, Akzo Nobel, Grampian Foods, SMI Steel
and Oldcastle. For more information, visit www.covast.com.
NOTE: The names of actual companies and products mentioned herein may be the
trademarks of their respective owners. # # #
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