Movex Ver. 11 NextGen is the first ERP software written entirely in Java. Nevertheless, we believe that AS/400 products will still contribute more than 70% of total license revenue within the next 3 years, while Java-based products running on other platforms will not gain major user acceptance and will contribute a maximum of 30% of total license revenue within the same time frame.
is the third largest ERP vendor in Europe and eighth-ranked ERP vendor, with $308 million in revenue in 1998 (approx. 2% of the global ERP market). The Company has a history of solid growth, with an average of 38% annual growth over the last five years. The Company's primary product, Movex, a cornerstone in the Intentia Solution, is a set of more than 1000 components that organize business processes as sales, marketing, accounting, manufacturing, finance, and human resources. It is currently available