Peregrine Systems, Inc. one of the world`s leading software companies, represented locally by MGX, today announced that Forbes magazine has ranked the company sixth among software companies on the Forbes ASAP Dynamic 100 list, ahead of Microsoft, Oracle, Adobe and others. Peregrine scored 4.67 out of a possible 5 in each of the three key categories of "Change," "Opportunity," and "People."
Forbes ASAP lauded Steve Gardner, Peregrine chairman and CEO, for his "great vision" and highlighted Peregrine`s growth through acquisitions, underscoring "the recent purchase of e-commerce software maker Harbinger, which analysts see as greatly sharpening its competitive edge."
Gardner said, "It is an honor to be included among an elite group of technology companies on the Forbes ASAP Dynamic 100 list. We are delighted that the financial analyst community not only recognizes our pragmatic solutions, which deliver a rapid return on investment by minimizing friction in business processes, but also the importance of our worldwide workforce to Peregrine`s success."
The Forbes ASAP Dynamic 100 recognizes technology companies in each of eight categories (semiconductors, software, Internet, wireless and telecom, biotechnology, network and telecom, peripherals and hardware) that have weathered a difficult macroeconomic environment and continued to perform. Forbes ASAP compiled an initial list of 300 companies, then polled hundreds of financial analysts, asking them to rank each company based on the following factors:
1. Change: How well does the company respond to change? 2. Opportunity: How big is the potential market for the company`s products? 3. Sell: How well does the company respond to its market opportunity? 4. People: How strong is the company`s human capital? 5. Alliances: How strong are its partners and its relationships? 6. Ramp: How fast is the company growing, and can it continue to ramp up quickly? 7. Financials: How strong is the company`s overall financial health?
To view the full article, link to Forbes ASAP, online at: http://www.forbes.com/asap/2001/0820/intro.html.
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Founded in 1981, Peregrine Systems, Inc. is one of the world`s leading software companies. By providing solutions that enable companies to manage infrastructure, as well as extend next generation e-Business capabilities inside the enterprise and across the firewall, Peregrine helps companies achieve a state of frictionless business and gain competitive advantage. Peregrine`s solutions reduce costs, improve profitability and release capital, generating a lasting and measurable impact on the productivity of assets and people. Peregrine delivers Infrastructure Management solutions that manage the entire lifecycle of an organization`s assets, from IT equipment and fleets of vehicles to telecom and facility assets. Peregrine`s Employee Relationship Management solutions facilitate proactive management and empower employees with anytime/anywhere access to these enterprise resources, services and knowledge, and improve productivity, asset utilization, and real-time business intelligence. Peregrine`s B2B Relationship Management solutions help companies establish a digital dialog for conducting e-Business by automating and integrating the flow of information and business processes among buyers, suppliers and e-Marketplaces. BusinessWeek recently named Peregrine as one of the 100 best performing IT companies. Peregrine currently has some 4,000 employees located in more than 100 offices worldwide, and its customers include 92 percent of the Fortune 500 companies. For more information, visit www.peregrine.com.