Broadvision =Profitable =Turnaround!

As of September 30, 2006, the company had a cash balance of $16.9 million, representing a $3.6 million, or 28%, increase over the June 30, 2006 balance of $13.3 million, due primarily to positive cash flow generated from operations.

In addition, the final results of BroadVision's recent rights offering, which expired on November 28, 2006, showed that rights were exercised for the purchase of 36.4 million shares, or 21% of the new shares offered, raising $16.4 million in gross proceeds for the company.

"Our team delivered a very strong third quarter," said President and CEO, Dr. Pehong Chen, "primarily in terms of license growth and margin improvements across all lines of our business. It was also our third consecutive quarter of generating GAAP profitability. With a solid balance sheet based on positive cash flow from operations and capital raised from our rights offering, we are on track with a number of new product initiatives scheduled for delivery throughout 2007. These next-generation solutions will offer very compelling value to our customers, enabling them to realize their e-Business goals more rapidly and cost-effectively."

Click here to view a copy of the release that includes financials.

Information Concerning Forward-Looking Statements

Information in this release that involves expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risk and uncertainties. These include, but are not limited to,statements regarding BroadVision's anticipated rights offering proceeds and cash balances and its generation of cash from profitable operations. These forward-looking statements are based upon information available to BroadVision as of the date of this release, and BroadVision assumes no obligation to update or correct any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from BroadVision's current expectations. Factors that could cause or contribute to such differences include, but are not limited to: lack of market acceptance of BroadVision's existing and new products or services; BroadVision's existing and new products or services; BroadVision's inability to finalize revenue transactions and generate revenue growth, earnings and adequate cash flows in 2006; BroadVision's inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by competitors; general economic conditions and BroadVision's inability to attract and retain qualified employees.

These and other factors and risks associated with BroadVision's business are discussed in its most recent annual report on Form 10-K and in BroadVision's quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission.


About BroadVision

BroadVision is a global provider of web self-service solutions. Our agile commerce and portal applications enable customers to quickly create and adapt online processes to keep pace with changing business requirements. Over 1,000 organizations - including Circuit City, Yankee Candle, Vodafone, Cardinal Health, Hewlett-Packard, Toyota, Japan Airlines and the U.S. Air Force - serving nearly 75 million registered users, rely on BroadVision's open solutions to power and personalize their mission-critical web initiatives

For more information about BroadVision, Inc., call 650-542-5100, email or visit

www.broadvision.com.

Insiderorderbuch USA:
2006-03-08 2006-03-28 15:57:14 BROADVISION INC BVSN CHEN PEHONG CEO 3.45E7 $0.45 $1.5525E7 3.45E7 N/A view
P 2006-03-08 2006-03-10 17:01:53 BROADVISION INC BVSN CHEN PEHONG CEO 3.45E7 $0.45 $1.5525E7 3.45E7 N/A view

Es werden immer wieder größere pakete eingesammelt! ;=)

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