View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
September 3, 1997updated 03 Sep 2016 9:20pm


By CBR Staff Writer

SoftQuad International Inc says now that it has internal restructuring in place, it believes it will soon be able to return to profitability. The company that earlier in the year spent $2.1m acquiring Alpha Corp Inc (CI No 3,094) reports losses of $8.3m from losses of $1.3m last time, while revenue grew 53.3% to $5.4m. Under its restructuring changes, the company has appointed Selwyn Rabins as chief executive officer and Richard Rabins as president, both co-founders of Alpha. Richard Rabins said SoftQuad has implemented a strategy of aggressively licensing new products which he believes will contribute to a return to profitability. In June, SoftQuad released version 4.0 of its flagship Hot Metal Pro web site development tool (CI No 3,186) which, Rabins said, received favorable press coverage and early sales information looks promising.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.