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Jenzabar Posts Impressive Third Quarter
Earnings Results
CAMBRIDGE, MA-November 4, 2003- Jenzabar, Inc., a leader in software
solutions for higher education, today announced record third quarter
operating earnings (EBITDA) for 2003. The company recorded a 20%
increase in revenues over the third quarter of 2002. For the first
nine months ended September 30, 2003 the company recorded revenue
growth of 26% and increased operating earnings (EBITDA) 38% over
the same period last year.
"Jenzabar continues to be the leading provider of software
and services to small-to-mid-sized colleges and universities, and
our record third quarter is further proof that Jenzabar is being
recognized for developing outstanding products and service,"
according to Bob Maginn, chairman and CEO of Jenzabar. "Another
quarter has passed and the company remains undeniably committed
to providing the leading institutions of higher learning with software
solutions that improve productivity and communications through products
that integrate a campus from one end to the other. We expect to
work extremely hard for our customers throughout 2003 and beyond
and will continue to offer integrated, intelligent and Internet-based
products."
About Jenzabar, Inc.
By improving the exchange of information through powerful business
intelligence applications and services, Jenzabar's Internet enterprise
software, e-learning solutions, and services deliver a competitive
edge to higher education institutions. Dedicated to supporting and
enhancing the educational community, Jenzabar's business units serve
over 700 higher education institutions and campuses worldwide, including
students, professors, and administrators from private liberal arts,
medical, law, state, and community colleges. Institutions employing
Jenzabar solutions include Bay de Noc Community College, Berry College,
Bluffton College, The Claremont Colleges, Colby College, Daytona
Beach Community College, Governors State University, Harvard Medical
School, and William Mitchell College of Law.
Jenzabar's offerings include Web-based enterprise software with
student, institutional advancement, human resources, and financial
applications; e-learning solutions; and a higher education enterprise
information portal (EIP). Founded in 1998, Jenzabar is headquartered
in Cambridge, Massachusetts with regional offices across the United
States. For more information, please visit www.jenzabar.net or call
Alec Ott at (513) 956-3304.
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Jenzabar Internet Campus Solution and i3
are trademarks of Jenzabar, Inc.
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