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 Australias taxation agency Revenue
SA; Britains 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
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
Prophecys 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