SCT Corporation, an IT solutions provider for a number of disparate industries, announced that the quarter which ended June 30, 2000, was a record quarter for license fee revenue within SCT's process industry solutions business. SCT, which claims experiencing continued success with enterprise-wide, global accounts in the process industries, now has eight out of the top 16 food processors in North America as clients.
the assets, versus a net income of $6,442,000 for the same period last year, an increase of 75% (17% without the sale of the assets). Figure 1. We are extremely pleased with the turnaround we achieved in our second and third quarters of fiscal 2000, said Michael J. Emmi, SCT's Chairman and CEO. We are encouraged by the acceptance of our e-business solutions by our clients especially Tier 1 global process manufacturers. Also, we appreciate our partners' recognition that SCT's solid relationships enable