Struggling process management software specialist LBMS (Learmonth & Burchett Management Systems) Plc, formerly a UK company but now wholly- transplanted to Houston, Texas, has announced its third quarter results. For the three months ending January 31 it made sales of $5.6m, well down compared to 1996’s $9.6m, with net income up from a loss of $955,000 in the same period last year to $4.3m this time. However, that is mostly made up of a one-off $3.5m restructuring benefit, with net income of only $813,000 prior to the bonus. The revenue is based only on sales within the North American market of its Process Engineer offering, now that the firm has severed connections with all non-US operations and having recently sold its Systems Engineer line to Select Software for $2m last month. This may partly explain why at the nine month mark its 1997 sales so far are halved compared to 1996, from $30.3m to $15.7m.