Witness Systems Ranks Number Five on `Georgia 100' List; Atlanta Journal-Constitution Recognizes Witness Systems as Number Five
June 14 2005 - 9:30AM
Business Wire
Witness Systems (NASDAQ: WITS), a leading global provider of
workforce optimization software and services, today announced that
the Atlanta Journal-Constitution has ranked it number five on its
"Georgia 100" - a profile listing that recognizes the top 100
performing public companies in the state. The annual Georgia 100
program distinguishes companies based on performance as measured by
financial variables. The Atlanta office of PricewaterhouseCoopers
LLP, an international accounting and business consulting firm,
computed the rankings based on five weighted variables: annual
revenue, year-over-year revenue change, return on equity, annual
change in profit margin for fiscal 2004 and total return on
investment (share price change plus reinvested dividends) for
calendar year 2004. "We are honored to rank among the top public
companies in the state of Georgia, which is home to so many
well-known and established organizations. This milestone directly
reflects the hard work and commitment of everyone in our
organization," said Dave Gould, chairman and CEO of Witness
Systems. "Our company was founded and has grown based on its values
and commitment to delivering practical, innovative technology
solutions that yield measurable results; partnering with our
customers to ensure their success; and maintaining competitive
advantage through solid execution quarter-on-quarter and
year-on-year. Our employees, located not just in Georgia, but
around the world, are key to this ongoing success, as they put
these values to work every day, giving us an edge in the markets we
serve." About Witness Systems Witness Systems (NASDAQ: WITS) is a
leading global provider of workforce optimization software and
services. The company's solutions - which play a strategic role in
the customer interaction centers of Global 2000 and small- and
medium-sized businesses (SMBs) worldwide - also are deployed in IP
Telephony and back office environments, and throughout the extended
enterprise, including branch offices. Witness Systems' software is
comprised of quality monitoring, compliance, high-volume and IP
Telephony recording solutions, as well as workforce management,
actionable learning and performance management applications. The
company's solutions enable organizations to optimize their people,
processes and technology throughout the enterprise. Witness
Systems' customers benefit from an integrated business consulting,
implementation and training methodology that supports a rapid
deployment, enabling them to drive revenue, reduce operational
costs, and achieve greater customer retention and loyalty. For
additional information about Witness Systems, visit
www.witness.com. Cautionary Note Regarding Forward-looking
Statements: Information in this release that involves Witness
Systems' expectations, plans, intentions or strategies regarding
the future are forward-looking statements that are not facts and
involve a number of risks and uncertainties. They are identified by
words such as "anticipates," "expects," "intends," "plans,"
"believes," "estimates," and similar expressions. These statements
are based upon information available to Witness Systems as of the
date of this release, and the company assumes no obligation to
update any such forward-looking statement. Forward-looking
statements believed true when made may ultimately prove to be
incorrect. These statements are not guarantees of future
performance and are subject to risks, uncertainties and other
factors, some of which are beyond our control and may cause actual
results to differ materially from our current expectations. Some of
the factors that could cause actual future results to differ
materially from current expectations include fluctuations in
customer demand and the timing of orders; the company's ability to
manage its growth; the risk of new product introductions and
customer acceptance of new products; the rapid technological change
which characterizes the company's markets; the risks associated
with international sales as the company expands its markets,
including the risks associated with foreign currency fluctuations;
the ability of the company to complete and integrate successfully
any acquisitions or investments it may make; and the ability of the
company to compete successfully in the future, as well as other
risks identified under the caption "Management's Discussion and
Analysis of Financial Condition and Results of Operations" in the
company's Form 10-K for the year ended December 31, 2004 and its
Form 10-Q for the quarter ended March 31, 2005, as filed with the
Securities and Exchange Commission. Witness, eQuality and the
Witness logo are United States registered trademarks of Witness
Systems, Inc., protected by laws of the U.S. and other countries.
All other trademarks mentioned in this document are the property of
their respective owners.
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