Intraware Announces Second Quarter Fiscal 2009 Financial Results

ORINDA, Calif. --(Business Wire)-- Intraware, Inc. (Nasdaq:ITRA), the leading provider of on-demand digital asset and entitlement management solutions, today reported financial results for the second quarter of its 2009 fiscal year, ended August 31, 2008. During the second quarter of fiscal 2009, the company: -- Signed an international Fortune 500 technology company as a new SubscribeNet(R) customer; -- Signed eleven SubscribeNet contract renewals or extensions and four professional services statements of work with customers including Mentor Graphics and IBM; -- Achieved $4.7 million in contract renewals, new professional services statements of work, and variable billings; -- Increased total annual contract value of its SubscribeNet customers by approximately $400,000, to $11.9 million; -- Generated positive cash flow from... [read full story]