Interactive Development Environments Inc will launch a rewritten version of its StP Software through Pictures application development tools for structured analysis and design this week. Meanwhile, the San Francisco, California-based firm, which currently turns over about $25m, says it plans to go public in between 12 and 18 months, by which time it hopes its price-earnings ratio will have gone high enough – mainly on the back of sales of its object-oriented product. It expects StP/Object Modelling Technique to account for at least half of all new licence sales in 1994.
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