Sequoia Software Corporation - SQSW- Profile

Sequoia Software Corporation provides XML-based internet infrastructure software for creating interactive e-business portals. The company's flagship product is the Sequoia XML Portal Server, or XPS, is a comprehensive software solution targeted at enterprises that are deploying interactive portals to improve e-business processes and create new opportunities. The main products of the company are XML 2.0, which includes XML integration engine, XML repository and XML rules engine. The company also provides technical training and expert product services to its customers. Major customers of the company are First trust, BMC Software, Ecommunications, Baylor health care system, National institute of standards and technology and others. During the year company incurred $.03 million as year 2000 expenses. The company became publicly held in May 2000. Software licenses accounted for 52% of 1999 revenues; software services and maintenance, 40% and computer hardware, 8%.