Form by Dekadence [web]
Dekadence Reports Record Third Quarter Results Demo Production Reaches All-Time High New Demo, "Form", Released TURKU, Finland - July 31, 2008 - Dekadence(R) today announced financial results for its fiscal 2008 third quarter ended June 28, 2008. The Group posted revenue of $64 and net quarterly profit of $20. These results compare to revenue of $50 and net quarterly profit of $10 in the year-ago quarter. Gross margin was 34.8 percent, down from 40.3 percent in the year- ago quarter. Dekadence produced 4,193,200 Commodore(R) 64 demos during the quarter, representing 41 percent unit growth and 43 percent revenue growth over the year-ago quarter. The Group produced 1,402,000 S60(R) demos during the quarter, representing 12 percent unit growth and seven percent revenue growth over the year-ago quarter. "We're proud to report the best June quarter for both revenue and earnings in Dekadence's history," said Britelite, Dekadence's CEO. "We set a new record for C64 demo production, we think we have a real winner with our new S60 products, and we're busy finishing several more wonderful new demos to launch in the coming months." "We're also proud to present our new demo, 'Form', for the S60 mobile platform," Britelite continued. "It represents a new standard in mobile demo production, with innovative features such as graphics and music. We are showing things that were not possible before on the S60 3rd Edition platform." Dekadence will release "Form" at the Assembly 2008 demo party in Helsinki, Finland on August 2, 2008, and will be available for download shortly after. Dekadence ignited the Commodore 64 demo revolution in 1997 with "Zoo'97 Report" and reinvented the C64 demo in the 2000s with "My Kondom". Today, Dekadence continues to lead the industry in innovation with its award- winning demos, such as "Halfway There". Dekadence is also spearheading the mobile demo revolution with its Nokia S60 demos, such as "Beertime X" and "Form".
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