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Adelaide produces Prophecy of success
Released 14 December 2001

South Australia abounds with many IT ‘good news’ stories. In each newsletter, the IT Council seeks to promote companies that are demonstrating great success and innovation.

One such enterprise is Prophecy International, which has built a global software business from its Adelaide base.
The Stock Exchange-listed company (ASX:PRO) has established a strong international presence with its software deployed at more than 850 sites in Australia, Asia, the US, the Caribbean, Britain, Europe and South Africa.

Through its international distributor network, the company has won clients including South Australia’s taxation agency Revenue SA; Britain’s largest intercity coach company National Express; Rotary Watches; the State of Colorado; the Bank of Barbados; and Sofia Water, the water utility company for the Bulgarian capital.

In recent years, Prophecy International has developed the e-Foundation suite of tools that enables clients to build and deploy web-enabled software applications for enterprise-level organisations in record time.

At Revenue SA, Prophecy began generating invoices, the Fixed Assets component of the Emergency Services Levy - just three months after it won the contract.

Prophecy is also launching a breakthrough product, a Java-based version of its Framework rapid application assembly software environment, early in 2002.

As a major sponsor of the World Congress on Information Technology 2002, Prophecy will profile its Java Framework product to the more than 1500 delegates expected to attend the 3-day event.

Prophecy International has demonstrated the value of its
e-Foundation technology with a number of high profile projects in Australia during the past two years.

In Melbourne, ANZ Bank is using Prophecy e-Foundation to build Internet-enabled business applications for its ANZ Asset Finance division (formerly Esanda).

Prophecy International has identified its major growth prospects as existing in the giant US market. Earlier this year, the company relocated its CEO, former Toshiba general manager Bruce Lakin, to its US office in Denver, Colorado.

As well as providing a central coordination points for each of Prophecy’s three business regions – the Americas, Europe and Australia/Asia/Africa – the US has generated a number of new business partnerships that open new sales doors for the company throughout North America.

For more information, visit the Prophecy International website at



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