Major software developers present encouraging biz records for 2004

Taipei, Jan. 21, 2005 (CENS)--Springsoft Inc., Sysware Corp. and CyberLink Corp. were the top-three profit earners in Taiwan's software industry in 2004.

Springsoft, a developer of electronic design automation (EDA) software, enjoyed smooth sales of its newly developed T1 software product lines, and its global sales of EDA debug and editing software and integrated circuit (IC)-design software products have been rising.

Springsoft said that it had pretax earnings of NT$841 million (US$26.28 million at US$1: NT$32) in 2004, up about 50% from a year earlier. Springsoft reported that its pretax profit margin reached 63.71% in 2004.

Sysware estimated that it would have pretax profits of NT$420 million (US$13.13 million) for 2004, translating into after-tax earnings per share (EPS) of NT$6.22 (US$0.19), due to increased incomes from core software business and disposal of the stocks of Yahoo in the U.S.

Sysware pointed out that its accumulated net profits reached NT$365 million (US$11.41 million) in the first three quarters of 2004, generating net EPS of NT$5.87 (US$0.18). The firm was expected to achieve its original annual profit goal for 2004.

CyberLink, which claimed to have a profit margin of over 93%, estimated its 2004 after-tax profits at NT$573 million (US$17.91 million) or NT$6.76 (US$0.21) per share, due to increased orders for bundle-software sales (with hardware).

According to CyberLink, it has been actively strengthening R&D works in Digital Home-product fields. The firm demonstrated its latest Power Cinema home-theater entertainment platform at the just-ended Consumer Electronics Show (CES) in Las Vegas and won the first prize for CES' award of computer peripheral design and engineering innovation.