Briefs

CHICAGO --(Business Wire)-- Nov. 2, 2004 -- SPSS Inc. (NASDAQ:SPSS), a leading provider of predictive analytics technology and services, today announced results for its third quarter ended September 30, 2004.

Revenues were $53.5 million for the 2004 third quarter with diluted earnings per share (EPS) of $0.05. These results included unusual pre-tax charges of approximately $2.2 million related to the company's recently completed accounting restatement and the write-off of a long-term receivable. SPSS reported revenues of $52.5 million and EPS of $0.15 for the third quarter ended September 30, 2003.

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"Our third-quarter results were affected by lower than expected international license revenues and a decline in service revenues in the United States," said Jack Noonan, SPSS president and chief executive officer. "Internationally, we are concentrating on improving closure rates, especially in Japan and the United Kingdom. Growth in services revenues will take longer to develop as we continue to focus on more data mining and predictive applications consulting projects."

Noonan continued, "Sales of our data mining and statistical tools were strong, growing in double-digits for the fourth straight quarter. New license sales overall in the United States continued to improve, particularly in the government and academic industry sectors. We also added three new predictive applications customers from the financial services industry during the quarter, bringing the total to eight so far this year. We are pleased with this progress and are focused on accelerating growth in this emerging area of our business."

For more information, visit www.spss.com