Industry News
IKON acquires Emerge...
IKON Office Solutions has acquired the document service operations of Emerge from
Knowledge In Motion, LLC of Madison, Wisconsin. Emerge will come under the Business
Imaging Services (BIS) unit of IKON reporting to William C. Doey, President of BIS.
Emerge, with core competency in Portable Document Format (PDF), has been closely
associated with the technology since it's inception nearly five years ago and was one of
the first service organizations to provide solutions based on the format. Emerge provides
industry-leading expertise in PDF document management and publishing. It supports output
of documents not only to paper, but also to compact discs and electronic vehicles like
corporate intranets or traditional document management systems. Services include complex
project management, conversion and validation of documents from paper or microfilm,
creation of PDF from electronic sources files such as QuarkExpress or Adobe FrameMaker,
and hypertext linking and other navigation aids to guide a user through on-screen
documents. IKON's Business Imaging Services unit offers document conversion services,
transforming paper, roll film, microfiche, or electronic media into digital images and
index data for storing and access. IKON views PDF as a critical component to effective
document imaging because it accurately reproduces the layout of each page - whether the
file is printed to paper, posted on the Web or distributed to networked users. Of equal
importance, PDF files can be easily shared among users on all popular computer platforms.
Contact Randolph Burns, IKON Office Solutions, Business Imaging Services, at 925-930-7700,
925-930-9316 (fax), rgburns@ikon.com.
Lotus Development Corp. and Compaq Computer Corporation...
announced the formation of a business alliance to deliver integrated Knowledge
Management solutions through resellers. The partnership is offering two knowledge
management applications that run on, and come bundled with, Domino 4.6 and Compaq's
Windows NT-based servers. The first two applications offered through the partnership are
Cipher Systems' Knowledge Works, which captures and analyzes competitive intelligence, and
GlobalServe's Research Accelerator, a collaboration tool for research and development
organizations. These bundled solutions are immediately available in the United States
only. Pricing varies by reseller. Lotus and Compaq will launch a joint sales program to
enable and train sales teams on Lotus Notes and Domino Knowledge Management solutions and
will continue to recruit additional business partners who have expertise in the leveraging
of knowledge in specific vertical markets. Lotus plans to introduce similar bundles for
messaging, enterprise resource planning, and vertical markets such as health care and
retail later this year. For more information contact Elena Fernandez, Lotus Development,
617-693-1606, elena_fernandez@lotus.com. Information provided by The Delphi Group, Inc.,
Boston, MA, http://www.delphigroup.com.
DOCUMENTUM (NASDAQ: DCTM) Enterprise Document Management System Deployed at Los
Alamos National Laboratory...
The Laboratory's central mission is to reduce global nuclear danger, and they have
worked closely with DOCUMENTUM since 1994 to streamline several of their document
management processes. The Laboratory recently expanded its application of DOCUMENTUM
technology to a Purchase Order Image Management System that serves as an archive for all
information pertinent to the lifecycle of the Laboratory's purchase orders. The Purchase
Order Imaging Management System project began in the summer of 1997 and became fully
operational in April 1998. A major part of the project involved the conversion of an
existing proprietary imaging system to a more open architecture. Today the Business
Operations Division at LANL stores more than 890,000 documents, which translates to more
than 3.4 million objects and 120GB of content in the DOCUMENTUM EDMS. In a separate
announcement, DOCUMENTUM announced that Dow Corning Corporation of Midland, Mich. has
successfully deployed the DOCUMENTUM Enterprise Document Management System (EDMS). Dow
Corning, a leading manufacturer of silicon-based products, selected DOCUMENTUM to manage
its corporate knowledge chain and seamlessly integrate it with SAP's R/3 enterprise
resource planning (ERP) system. Dow Corning has licensed DOCUMENTUM for several thousand
SAP users to enable access to critical documents, drawings and other unstructured
information that support key business processes. For more information about DOCUMENTUM and
its products, visit www.DOCUMENTUM.com.
FormWare Corporation and Wheb Systems, Inc...
announced that they have signed a definitive agreement to merge into a combined company
named Captiva Software Corporation. Captiva will be the largest provider of forms
processing software, with annual revenues of $25 million per year and more than 125
employees. Reynolds C. Bish, currently President of FormWare, will be President & CEO,
while Randall Hawks, currently President of Wheb Systems, will be a Director and Chairman
of the Board. The merger was expected to close on or before August 31, 1998. FormWare is
known for its FormWare for Windows software and for its position in the medical claims
processing and service bureau markets. Currently, it has remarketing agreements with AMS,
BancTec, DST, Lockheed Martin, Northrop Grumman, ScanOptics and many other leading system
integrators, and cooperative marketing relationships with FileNET and Input Software in
the document management and capture arenas. Wheb Systems is recognized for its IFPS
software and integration services, and its position in the financial, government, and
direct marketing industries. In addition to its own direct sales and service organization,
Wheb also has partnership relationships with EDS, Unisys, HNC Software and Wausau
Financial, and it integrates with document management solutions from Eastman Software,
FileNET and Unisys. For more information, visit www.formware.com or www.whebsys.com.
Fortress Technologies Inc. announces a new solution to manage
Year 2000 compliance efforts...
Fortress-IM, the newest version of Fortress Infrastructure Manager software, helps
companies establish a process for formulating and enacting Y2K compliance plans, a method
for allocating resources to meet those demands, and a system for managing and documenting
the workflow in order to become Y2K compliant. The Year 2000 is less than 450 days away.
Giga Information Group estimates that 60 percent of companies have either not begun a Y2K
project or are not making significant progress through existing Y2K efforts. Fortress-IM
v. 3.0 provides the important "big picture" for management on how much effort is
required to become compliant based on the company's Y2K action plan, how much budget has
been expended and what resources are needed to fix the problem. This technology can help a
company that is already successfully handling the Y2K issue see potential problems before
they become crises, and it can also help a company that still needs to establish the plans
for a Y2K compliance program. Fortress-IM adds a "management layer" to the
compliance process to track, analyze, model, and plan needed fixes. It enables IT managers
to analyze the skill sets and schedules of a company's IT staff and match the right staff
people with the work that needs to be done. Fortress-IM provides a monitor to the ongoing
process and as unexpected problems arise, incorporates the needed work into the overall
plan. It also tracks how much has been spent on the project, and where. After the Y2K
crisis has subsided, Fortress-IM remains as an effective tool that can help a corporation
implement IT Infrastructure Management practices for the future. IT Infrastructure
Management is the synchronization of the IT management process with a companys
overall business objectives. Fortress-IM offers a comprehensive solution for dealing with
the Y2K issue, ERP implementations, and IT Infrastructure Management. It is the only
solution that helps a company track compliance efforts while also providing managers with
the critical information needed to effectively utilize IT assets and supplies and complete
a Y2K action plan. Fortress-IM is ideal for consulting companies that are charged with
overseeing and managing Y2K compliance efforts for clients, as well as corporations that
need help to begin or complete implementation of a Y2K in-house compliance program. For
more information, visit Fortress Technologies at www.fortress-im.com.
Intellimax Systems announces a worldwide publishing agreement with Sunbelt
Software...
for LanTrace, Protocol and Internet Traffic Analyzer for Windows 95/98/NT. LanTrace
includes a protocol analyzer and network monitor featuring internet traffic analysis. The
software is commonly used for network traffic analysis such as determining the cause of
slow network response times. Under the terms of the agreement, Sunbelt will provide sales,
marketing, and technical support for the product. In exchange, Sunbelt receives exclusive
rights to worldwide sales (excluding Japan) for standalone copies of LanTrace. LanTrace
provides a "helicopter" view of network traffic all the way down to the detailed
view of packet contents. Product functions include packet capture, protocol decode,
traffic generator, pre-capture and post-capture filters, Traffic Matrix, Host Table,
network statistics, triggers and alarms. For more product information, visit the company's
Web site at www.intellimax.com. Sunbelt Software can be found on the Web at www.sunbelt-software.com.
Micro-Frame Technologies Inc.announces agreement with Integrated Systems
Consulting Group Inc.(Nasdaq: ISCG)...
which will allow the companies to partner in expanding Micro-Frame's "Knowledge
Resource Planning" initiative in the pharmaceutical industry. Knowledge Resource
Planning (KRP) is an emerging discipline that applies the fundamentals of supply chain
management to the deployment and management of knowledge workers by providing an
enterprise application of project management. KRP can be integrated into project-driven
organizations with Micro-Frame's flagship software application, Business Engine 5.1 is
designed to help any project-driven, resource-constrained organization ensure that its
best knowledge workers are productively aligned with the organization's most critical and
strategically important projects. For more information, visit www.microframe.com.
Page Technology Marketing Inc. (San Diego, CA), announced that MacroSoft...
has selected it's PCLTool SDK to provide support for HP PCL print streams in its
MacroFiche/APA (HP PCL Version) COLD product. MacroSoft chose to seamlessly integrate
PCLTool into their product for its ability to index, paginate and store complex HP PCL
electronic form print streams into individual, normalized, native PCL database records.
Upon retrieval, each PCL page can be converted for viewing. Once viewed, the original PCL
can be re-printed to a HP PCL printer with 100% fidelity to the original document, or it
can be converted and printed to any Windows printer driver. PageTech is the developer of
PCLTool SDK, the leading HP PCL print stream parsing, viewing and conversion tool kit. For
more information, contact Bob Pooley, President at (619)794-6884, info@pcltools.com., or www.pcltools.com.
PC DOCS extends reach in manufacturing sector...
for its Enterprise Document Management solutions. The company will initially focus its
marketing efforts in the manufacturing sector on process, discrete, architectural,
engineering, construction and utility industries. Additional target markets will be
included as PC DOCS partners with organizations to develop specific application solutions.
The manufacturing sector continues to be one of the strongest growth areas for this
technology, with electronic document management (EDM) and product data management (PDM)
moving close to a $1.0 billion plus market in the technical document management arena
(CIMdata 1997). PC DOCS will focus initially on applications such as TDM by working
closely with key partners in the industry. Under the terms of the agreement with
ExoVision, PC DOCS will include the ExoVision TDM product line as an integral part of its
product suite for manufacturing clients, making it available to authorized integrators
worldwide. ExoVision's products, RocketLink and RocketReView Pro, seamlessly integrate
with PC DOCS' products, to provide powerful solutions designed for the architectural,
engineering, construction and manufacturing markets. For more information, contact
ExoVision at www.exovision.com. In another announcement, PC DOCS announced that Equistar
Chemicals, LP, has selected software from PC DOCS for an enterprise document management
application. Equistar will deploy PowerDOCS and CyberDOCS' to almost 6,000 employees in 18
locations throughout the US. This is the largest order and licensing deal ever signed by
PC DOCS in the manufacturing sector. Equistar has purchased 5500 licenses, providing users
with the ability to leverage both CyberDOCS and PowerDOCS for controlled access to
enterprise information, including ISO documents, regulatory compliance documents, policies
and procedures. For more information, visit www.pcdocs.com.
QMS, Inc. (NYSE:AQM) announced it will be a total printing solutions
provider...
for businesses implementing BAAN IV UNIX enterprise resource planning (ERP) software.
QMS delivers improved performance in the BAAN IV UNIX environment through its diverse line
of QMS Crown Print Systems. Each QMS Print System can be optimized for BAAN printing
through standard HP PCL, Postscript, and line printer emulations. For more information,
visit www.qms.com.
IKON index findings underscore strategic importance of office technology
decisions...
According to the IKON Index, a national survey of 1,200 mid-sized companies, top
management charts the office technology course for more than half of these firms, a
dramatic shift from just two years ago when few surveyed CEOs ranked technology purchasing
decisions as key. Office technology is also achieving importance because of the
ever-increasing decentralization of today's business units. Firms are overcoming the
geographical problems and potential costs posed by field offices and a rising number of
employees spread out across cities by utilizing the Internet, building company intranets
and upgrading networks to foster collaboration and promote a sense of corporate community.
The IKON Index was created by IKON Office Solutions, a $5 billion provider of office
technology products and services, to measure office technology trends among mid-sized
businesses in fifteen major metropolitan cities. The Index focuses on the fields of
finance, law, government, insurance, education and healthcare. For the complete text of
the IKON Index, visit www.ikonindex.ikon.com.
The Reynolds and Reynolds Company (NYSE: REY) announced a contract...
valued at $200 million over five years with Kaiser Permanente, the country's largest
not-for profit health maintenance organization. Based in Oakland, CA, Kaiser Permanente
serves nearly 9.2 million members in 19 states and the District of Columbia. Under the
agreement, which is the largest in Reynolds' history, Reynolds will be Kaiser Permanente's
primary vendor for document management services. Reynolds will provide a comprehensive
document management program for the entire Kaiser Permanente organization including its
seven divisions and Hawaii. Reynolds' streamlined document management solutions will help
Kaiser Permanente meet the goals of its enterprise-wide supply chain management
initiative. For more information on Reynolds and Reynolds, visit the company's World Wide
Web site on www.reyrey.com, or call The Reynolds and Reynolds Information Hotline at
1-888-4REYREY.
PowerScan Inc., a subsidiary of Star Technologies, Inc., announced the release
of its PowerScan capture application...
for the new Kodak 3500 series scanners. Like all PowerScan versions, the Kodak 3500 can
use PowerScan's production-proven driver. This eliminates the dependency on third party
drivers allowing the scanner, in conjunction with PowerScan, to achieve optimal
performance, digitizing 75 pages a minute landscape at 200 dpi. PowerScan also offers
unique customer-driven features such as batch balancing, independent camera controls for
duplex scanning (scanner permitting), scan time indexing and multiple scanner
configuration. In a separate announcement, Curran Data Technologies, Inc. (CDT) of
Indianapolis, IN, another Star subsidiary, has been awarded a claims contract by the
Indiana Department of Revenue to process a variety of supplementary state tax forms. The
contract, which covers the 1998 and 1999 tax years, is valued at up to $250,000. Curran
Data Technologies, Inc. (CDT), also has been awarded a claims processing contract by the
Golden Rule Insurance Company of Indianapolis, IN. The value of the one-year contract is
estimated to be in excess of $100,000. Under the terms of the contract, CDT will scan
Health Care Finance Administration (HCFA) medical insurance forms, provide electronic
archival images, and capture data automatically using enhanced OCR/ICR. For more
information about PowerScan or CDT, contact 703-689-4400, email starinfo@star.com, or
visit www.star.com.
Technology Solutions Company (TSC) (NASDAQ: TSCC) announced the formation of a
Supply Chain Management business unit...
to complement and enhance its successful enterprise applications and network computing
service offerings. TSC's clients receive a full-scale, end-to-end solution that delivers
benefits throughout the supply chain including lower inventory, more accurate production
schedules, faster cycle times, increased throughput, enhanced customer service, and
improved corporate profitability. TSC's Supply Chain Management projects provide a proven
approach to implementing supply chain management solutions and integrating those products
with ERP software suites such as Baan, Oracle, PeopleSoft and SAP. TSC's list of
manufacturing cIient engagements includes global organizations such as AlliedSignal,
Borden Chemical, Mitsubishi Semiconductor, QUALCOMM and Toshiba. The company, also works
with clients in a wide range of industries including: aerospace and defense, automotive,
chemicaI, consumer packaged goods, electronics/semiconductors, financial technology.For
more information visit www.techsol.com.
Xerox Corporation announced its appointment to the TWAIN Coalition's Board of
Directors...
continuing its commitment to imaging industry standards. TWAIN is an imaging-focused
advisory consortium, committed to providing open standards and application programming
interfaces that facilitate communication between software applications and image
acquisition devices such as high speed production scanners, desktop scanners and digital
cameras. Widespread adoption of the TWAIN standard ensures compatible image handling
hardware and software from varied manufacturers. At the TWAIN Board Level, Xerox will join
Canon, Eastman Kodak Company, Fujitsu Computer Products of America, Genoa Technology,
Inc., Hewlett Packard, Intel Corporation, J.F.L. Peripheral Solutions, Kofax Image
Products, and Ricoh Europe B.V.
San Diego-ADCS. Inc. has announced the $5 million sale of 760 VPstudio...
software units to the Department of Defense (DoD) for use in the conversion of legacy
documents to electronic files. ADCS, Inc. is the exclusive federal marketer of VP
raster-to-vector conversion product line. This $5 million contract is part of $40 million
allocated by the federal government for its ADCS (Automated Document Conversion Systems)
Program for fiscal year 1998. The ADCS program is aimed at converting the DoD's
engineering and public works documents from paper-based to digital format by the year
2002. The additional units of VPstudio software will enable the U.S. government to extend
its ADCS Program reach into DoD facilities not yet using state-of-the-art document
conversion software. For more information, visit www.adcs.com.
Banta Integrated Media, a division of Banta Corporation (NASDAQ:BNTA)...
a $1.2 billion company in printing and digital imaging, announced the completion of
"HP DesignJet Online," an interactive Web-based service designed to help
Hewlett-Packard Company increase customer loyalty. The Web-based service is the first part
of an innovative relationship-marketing program developed for users of HP Design Jet
printers. Phase I of this international Web-based service, available in both English and
German at www.designjet-online.hp.com, was completed in less than four months. Phase II
launched in July 1998 with four additional languages-French, Italian, Portuguese and
Spanish. HP and Banta Integrated Media created this easy-to-use Web-based service to allow
customers to access product and technical information, and to communicate directly with HP
and other HP DesignJet printer users. For more information, contact 617-497-6811, fax
617-441-9265 or www.banta-im.com.
The Independent Bankers' Bank of Florida (IBB) has chosen SBS...
to provide its Internet banking and telephone banking products to IBB's customer base
of more than 220 community banks throughout Florida. SBS is a Birmingham-based company
that provides a full line of banking automation products and services in areas including
document management, check imaging and printing, optical storage, and computer and
communication networking. IBB is a state-chartered bank focused on serving the needs of
Florida's community banks by providing an array of correspondent and lending services.
Under terms of the agreement, the Independent Bankers' Bank will market SBS' Internet
banking and On-Call telephone banking products to its customers. Services allow individual
customers online account access via the Internet for information and
transactions-including electronic bill payment-and the design and hosting of customized
Web sites. On-Call enables bank customers to access their accounts and perform
transactions 24 hours a day, seven days a week. The Independent Bankers' Bank will utilize
its statewide calling officers to actively solicit its shareholder and correspondent bank
base to sell the SBS products. Customers will obtain the products directly from IBB, and
SBS will provide the daily operational and ongoing development support. For more
information about SBS, contact 205-408-4600, fax 205-408-4606, or visit www.sbscorp.com.
To contact IBB, contact the Correspondent Relations Dept. at 800-275-4222, or visit its
Web site at www.ibbfla.com.
Identitech, Inc., announced that it has completed the asset purchase of NOVACOM
Inc...
of Reading, PA. NOVACOM has been an Identitech business partner for the last six years
and has been instrumental in developing strategic solutions using Identitech's FYI
software toolkit, including legal and utility applications, an automated replication
server providing fail-safe object replication and distribution, an integration to Lotus
Notes, and a certified integration with Cornerstone's Input/Accel for high-speed document
capture. Identitech will open a new Northwest regional office in the Reading PA, area and
will retain an undisclosed number of former NOVACOM employees. Identitech develops
information management software tools and services that enable its partners to rapidly and
successfully deliver competitive solutions to their target markets. For more information,
call 407-951-9503 or fax 407-951-9505.
Xionics Document Technologies, Inc. (NASDAQ:XIONL a developer of embedded
digital systems for printers, copiers, and multifunction peripherals...
announced its Digital Document Products Division has been sold to GammaGraphX,
Inc.(GGX) of Waltham, Massachusetts. The sale involves the transfer of all assets and
personnel to GGX, for future consideration including notes for certain assets and future
royalties. GGX, of Waltham, MA, is a provider of products and technology for digital
imaging and printing to original equipment manufacturers (OEMs) and providers of office
and commercial print solutions. For more information, visit www.xionics.com.
NCR Corporation announced that Wachovia Bank captured its 100 millionth
check...
on the NCR 7780 item lmage Processing Transport at its Atlanta operations center. This
milestone signifies NCR's continued leadership in image technology and the durability and
reliability of the NCR 7780 to meet the core check processing needs in high-volume
environments over a sustained period of time. The 7780 is part of NCR's lmageMark family
of image-based item-processing solutions designed to help retail banks reduce the time and
cost of processing checks written by consumers and business customers, as well as to
develop revenue-generating products and services. The 7780 is the most widely used
mid-range transport, representing 65 percent of the industry's installed base. The 7780
and the entire ImageMark family of Image and Item Processing solutions are designed,
developed and manufactured at the Waterloo, Ontario facility.
Standard Register announced that its LinkUp intelligent check printing
software...
will be included in EDS' information technology (IT) services for credit unions
nationwide. LinkUp works by printing on-demand, negotiable documents from blank, secure
paper stock using existing data from customers' computer systems. EDS began providing data
processing services to credit unions in 1974. The company's credit union services unit
currently provides more than 2,400 credit unions with innovative financial services
technologies, such as Web-based and PC-based home banking, debit cards, and multipurpose
automated teller machines. Standard Register NYSE:SR) is a recognized leader in delivering
document management systems, products and services to heaLthcare, financial, and general
business markets. For more information, call 800-755-6405 or visit www.stdreg.com.
FORMTEK, Inc. announced it has become a member of the SAP Complementary
Software Program...
and has received certification for its FORMTEK:Repository Link, the SAP ArchiveLink
interface between FORMTEK:Orion document management software and SAP R/3. FORMTEK has
recently completed a pilot project demonstrating FORMTEK:Repository Link for a major
customer and has completed the formal certification with SAP. FORMTEK will soon announce
details for making this interface available to the commercial market place. FORMTEK:Orion
is a suite of applications for storing, managing, accessing, routing, reviewing,
annotating, and distributing information. Orion offers multiple layers of security and is
highly scalable, both in supporting large numbers of users and managing very large data
sets. The full suite of Orion toolkits makes the product well-suited to integration with
third-party software applications. In a separate announcement, FORMTEK announced a joint
worldwide equipment manufacturer (OEM) partner agreement with Staffware, a leading
enterprise workflow provider. The agreement calls for FORMTEK to provide integration
between its products and Staffware's workflow engine by implementing network-accessible
services. The integration allows documents archived in FORMTEK:Orion to be submitted into
Staffware cases and be routed throughout the organization. For more information, visit www.formtek.com.
CD-ROM's replacing office file storage...
saving time and money, and increasing productivity and office space. Southfield-based
Records on ROM (ROR) says that while the document conversion market is hardly penetrated,
an increased number of businesses are starting to realize the many benefits of converting
files to CD-ROM, especially when searching for and re-filing important information. ROR is
a division of Records Deposition Service, Inc. (RDS), a 19-year-old company also in
Southfield, which specializes in legal copying and subpoena service; court room exhibits;
and blueprint, x-ray and photograph reproduction. RDS has 21,000 square feet of office
space, 75 employees and $7.5 million in annual sales for 1997. Projected 1998 sales are $9
million. For more information, call 248-357-3330.
Inforte Corp. announced its premier business partnership with Siebel Systems,
Inc...
the world's leading provider of Enterprise Relationship Management (ERM) solutions.
Inforte's longstanding relationship with Siebel has resulted in the successful delivery of
15 call center and sales force automation customer management solutions with an additional
seven engagements ongoing. This positions the company as one of the leading Siebel
integrators nationwide. Together, Inforte and Siebel Systems are actively combining
expertise on the subject of integrating front and back office systems to improve
operations and the effectiveness of sales and marketing. For more information, visit www.siebel.com.
Data Collection Systems, Inc. (DCSI) and Intermec Technologies Corporation...
announced the availability of a data collection system that enables bar code data
collection for four PeopleSoft enterprise software applications, including Materials
Management, Sales & Logistics, Time and Labor and Production Management. The system,
marketed under the trade name Data Collection Advantage, is designed to offer PeopleSoft
customers integrated solutions by combining the accuracy and the efficiency of automated
data collections with bar code printing techniques specifically designed for PeopleSoft
software applications. DCSI's Web site is www.datacollect.com. Contact Intermec at
425-348-2600, 800-347-2636, fax 425-355-9551, or visit www.intermec.com.
PagePath Technologies and Discovery Corps announce merger of LAUNCH! and
ASAP!...
telecommunication product lines. Under the terms of the merger agreement, Discovery
Corps, the developer and owner of the printing industry's popular ASAP! file transfer
software, has sold the product, in its entirely, to PagePath Technologies. Both the
English version of the ASAP product and the Kanji version, developed for the Japanese
market, are included. PagePath will assume all future product development and technical
support. Until recently, Discovery Corps distributed ASAP! through MicroBeam, a marketing
firm in St. Petersburg, FL. Existing ASAP! owners will be provided an easy upgrade path to
the LAUNCH! Connectivity Suite. The LAUNCH! Connectivity Suite is designed for Internet,
Dial-Up, and LAN/WAN digital job transfers. PagePath Technologies, Inc., headquarters in
Bensenville, IL, develops, markets, and supports computer software products and
technologies that enable users to distribute and manage electronic documents over a wide
variety of computer and telecommunications networks. The company provides application
software solutions and consulting to printing and publishing organizations.
Auxillium announces sale of INFO*ENGINE user licenses to Ford Motor Co....
auxilium inc., a supplier of intranet software designed to optimize interoperability
between Product Data Management (PDM) and Enterprise Resource Planning (ERP) applications,
legacy systems and critical supply chain partners, announced a volume sale of Info*Engine
user licenses to Ford Motor Company. Info*Engine is one of the technologies showcased in
Ford's Digital Buck Program, an Oracle-based environment for viewing fully-electronic
representations of automobiles and associated components. This program is designed to
significantly decrease the costs and time required for prototype development, by making
timely design data available throughout the engineering user community. For more
information about Ford Motor, visit www.Ford.com. For more information on auxilium, visit www.InfoEngine.com.
TREEV announces business alliance partnership with EDOC Solutions...
of St. Louis, Missouri, a value added reseller and integrator. As a TREEV Business
Alliance Partner, EDOC Solutions will provide systems integration and application
development services to Fortune 1000 customers, with special emphasis on the financial,
distribution and manufacturing industries. TREEV's Business Alliance Program was recently
created to form strategic partnerships with the world's most respected software and
hardware vendors, integrators and resellers. For additional information about TREEV's
products or services, call 800-254-0994 or visit www.treev.com.
The BISYS Group, Inc announces that it has entered into an agreement...
to acquire Georgia-based Greenway Corporation, a check imaging software provider, in a
stock for stock transaction valued at approximately $47.5 million. The acquisition will
further enhance the leadership position of BISYS in this rapidly emerging marketplace.
BYSIS acquired the market leader in check imaging, Document Solutions, Inc., in May 1995.
Doug Teixeira, president of The Tower Group, a leading technology research firm, estimates
under 20% of banks with less than $2 billion in assets have installed check imaging
products. Teixeira further states, "Bank demand for check image technology is growing
rapidly. New installations are growing at a current annual rate in excess of 25% and we
expect this trend to continue." In a separate announcement, BISYS announced the
acquisition of Potomac Insurance Marketing Group, Inc., known in the industry as The
Potomax Group, a leading distributor of life insurance products and services aimed at high
net worth individuals. Terms of the cash transaction were not disclosed. The Bethesda,
Maryland-based Potomac Group is recognized as a marketing and advanced sales support
organization working with top producers, including career and independent insurance agents
nationwide. The Potomac Group represents one more significant expansion of BISYS Insurance
Services. It comes on the heels of the recent acquisition of Connecticut-based
Underwriters Service Agency (USA) and the announcement that Metropolitan Life Insurance
Company has forged a strategic alliance with BISYS Insurance Services. The Potomac Group
is the fourth major BISYS acquisition in the past ten months. The BISYS Group, Inc.,
headquartered in Little Falls, NJ, supports more than 9,000 financial institutions and
corporate clients through its integrated business units. BISYS provides technology
outsourcing, check imaging applications, and brokerage services to more than 1,000
financial institutions nationwide; distributes and administers over 60 families of mutual
funds consisting of more than 900 portfolios; provides retirement plan services to over
6,500 companies in partnership with 30 of the nation's leading bank and investment
management companies; and provides insurance distribution solutions, Internet/telephone
marketing, enterprise-wide networking services, and loan deposit product pricing research.
BISYS trades an NASDAQ under the symbol, BSYS.
|