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To: kendall harmon who wrote (74321)12/6/1999 9:09:00 AM
From: Teri Garner   of 120523
 
Acquisition Of Fidutec Expands BroadVision's European Operation

Monday December 6, 8:03 am Eastern Time

Company Press Release

SOURCE: BroadVision, Inc.

Acquisition Of Fidutec Expands BroadVision's European Operation
REDWOOD CITY, Calif., Dec. 6 /PRNewswire/ -- BroadVision, Inc. (Nasdaq: BVSN; Neuer Markt: BDN), a leading worldwide supplier of personalized e-business applications, today announced a deal to acquire for cash the Swiss integration specialists, Fidutec Information Technology SA. The addition of Lausanne-based Fidutec will significantly extend BroadVision's operational capacity in this important financial services territory.

This acquisition further reflects BroadVision's commitment to the growth of the company's European business. With most of Fidutec's staff already trained on the BroadVision platform and applications and currently working with BroadVision customers, the deal will add significant strength to the company's presence in Southern and Central European markets. This expansion follows closely the listing in November of BroadVision common stock on the Neuer Markt section of the Frankfurt Stock Exchange.

biz.yahoo.com
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