FOR RELEASE 8:00 AM EST
Wednesday, May 15, 2002
John S. Kirk
CE Software, Inc.
CE Software, Inc. Reports Second-Quarter Results
West Des Moines, Iowa, May 15, 2002 -- CE SOFTWARE, INC.
(OTCBB Symbol: CESW) today announced financial results for its second quarter ended
March 31, 2002.
CE Software reports a net loss of $32,000, or $0.02 per share,
for the quarter. The same quarter a year ago saw a net loss of $272,000, or $0.23
per share. Revenues were $449,000 for the quarter ended March 31, 2002, compared
to $400,000 for the same quarter a year ago.
"The release of QuicKeys X for the Macintosh OS X operating
system in October 2001 and the upgrade for QuickMail in January 2002 have helped
increase our revenues. We are pleased with our customers' acceptance of these products,"
said John S. Kirk, president. "In April we released an upgrade for QuicKeys
"We are continuing our commitment to develop software to enhance
user productivity for small and mid-sized businesses while operating under tight
Since 1981 CE Software, Inc. has developed automation utilities
and e-mail software that save time and effort for millions of Microsoft Windows and
Macintosh users. For more information: (515) 221-1801 or www.cesoft.com
This release contains forward-looking information that is subject
to certain risks, trends and uncertainties and actual developments may differ materially
from those projected. For a discussion of important factors that could affect the
Company's results, the reader is encouraged to refer to the Company's annual report
on Form 10-KSB and quarterly Form 10-QSB.
© Copyright 2002 CE Software, Inc. All rights reserved. QuicKeys
and QuickConference are registered trademarks of CE Software, Inc. QuickMail, InOut
Tracker, CE Software, CE and the CE Software logo are trademarks of CE Software,
Inc. All other brand or product names are trademarks of their respective owners.