Briefs

Chicago. SPSS Inc. (Nasdaq: SPSS) announced it has cut 7 percent of
its workforce and is lowering its earnings forecast for the first
quarter as it deals with several factors affecting its bottom line.

The Chicago-based company said pro forma revenues for the quarter
-- which include numbers from newly acquired data storage
company ShowCase -- will check in at US$43 million to $44 million,
down from a previous estimate of $48 million to $50 million. Net
income will drop from 22 cents per share in the fourth quarter to
between 1 and 5 cents per share, the company said.

A maker of analytical software at the intersection of
CRM and business intelligence, SPSS also said it expects
to reduce expectations for the upcoming year when it
releases first-quarter results next week.

See www.spss.com