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Systran Q1 2007 revenue release
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Paris, France (Business Wire); SYSTRAN, the leading provider of language translation technologies today announced its consolidated financial results for the first quarter ended March 31, 2007. During the first quarter, license sales amounted to 1,861 K€ as compared with 1,345 K€ in 2006 and represent 83.0% of total sales for the first quarter of 2007. This growth is the result of the successful release of the new version 6 launched in February 2007. SYSTRAN received fewer orders from the US Federal Government because of the ongoing negotiations for contract renewal. As a result, sales for the Professional Services business unit decreased by 43.6% when compared with same period last year.
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