Saga Systems - AGS- Profile

SAGA Systems, Inc.(formerly known as Software AG Systems, Inc.) develops software products, provides enterprise solutions and related professional services. The products are used for mission-critical applications that require reliability and security such as customer billing systems, financial accounting systems and inventory management. The company's business is focused on database management and applications development products. The company markets and sells its software products and services through direct and indirect channels in North America, South America, Japan and Israel. The company acquired Blue Lobster software, Inc. in June 1999. The company became publicly held in nov 1997. Maintenance fees for 39% of 1999 revenues; professional service fees, 31% and software license fees, 30%.