CodeFutures, the Java persistence software tool vendor, today announced that sales almost doubled in the second quarter of 2005 compared with the first quarter of 2005. The revenue increase was due to sales of team licenses to major corporations and increased interest in CodeFutures' product offering due to the addition of important new functionality that broadens its target market.
CodeFutures continued to add new high profile reference customers, including FedEx Corporation, The Walt Disney Company, the US Department of Defense, Alliance Data Systems Corporation, South Carolina Department of Corrections, First American Corporation, and Mitre Corporation.
"We are particularly happy to see a large sales increase that is directly a result of a new sales strategy. The CodeFutures sales profile has changed significantly. Team licenses to large corporations now represent over 80% of the value of sales" says Dan Froelich, Vice President of Sales, CodeFutures Software.
"We started rolling out our third major product release during the second quarter, which resulted in a lot of new product evaluations. Our product strategy continues to focus on delivering a unique offering. By adding support for the Hibernate Java persistence framework, CodeFutures increased its lead in offering broadest support for the various Java persistence technologies" says Andy Grove, CTO, CodeFutures Software.
"The success of the preview of our third major product release leads us to anticipate continued commercial success as we plan the marketing launch in July and August" says PJ Murray, CEO, CodeFutures Software.
FireStorm/DAO adopts a pragmatic approach of generating Java source code for data persistence that is a direct mapping of a particular relational database schema. It is also possible to define complex multi-table queries and to leverage existing database logic contained within stored procedures.
FireStorm/DAO is available in Enterprise, Architect, and OEM editions. FireStorm/DAO Architect Edition allows new custom code generation templates to be developed and integrated with the FireStorm/DAO Studio environment. FireStorm/DAO Architect Edition includes the source code for the Java code generation templates. The code generation templates are written in Java, which means that Java developers have a very short learning curve before they can start customizing the code generation.
Additional information on Hibernate Java persistence is available here:
The FireStorm/DAO Enterprise Edition is priced at $595 per developer. FireStorm/DAO Architect Edition is priced at $3,495 per developer. There are no runtime deployment licensing fees.
About CodeFutures Software
CodeFutures is the leading supplier of Java software development products for advanced data persistence. CodeFutures' approach cuts development costs through higher developer productivity, better software quality, and lower maintenance costs. CodeFutures' first product, the award-winning FireStorm/DAO, makes software developers more productive by generating the Java code for accessing relational databases.
CodeFutures' Java persistence code generation approach cuts development costs by providing faster application development, higher quality applications, more predictable and consistent results, shorter development project cycle times, faster time to market, and reduced project risks. CodeFutures approach to Java persistence ensures that the focus of software developers is solving business problems.
CodeFutures' products are used by professional Java developers in major corporations such as Turner Broadcasting, Lehman Brothers, JP Morgan, Walt Disney, Kraft Foods, FedEx, Bed Bath and Beyond, Lockheed Martin, Suzuki, EMC, Macromedia, and Siemens.