Intergraph hopes for improvement

Intergraph (Huntsville, AL, Nasdaq: INGR, http://www.intergraph.com

) reports Q1 '97 revenue of $253 million, which compares with $257 million for Q1 '96. A net loss of $26.3 million compares with a net loss of $6.4 million in Q1 '96. The company anticipates that the Q2 '97 release of three new software products-SolidEdge 3.0, Imagineer Technical 2.0 and Geomedia 1.0-will bolster results for the remainder of fiscal year.