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Technology Stocks : General Magic

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To: Seconds Out who wrote (9784)10/2/2001 5:59:42 AM
From: cybermagician   of 10081
 
Suspending Portico service

FYI - email 1st Oct 01

"Dear Portico Subscriber,

We regret to inform you that we are suspending our Portico service
as of October 31, 2001.
The decision to suspend operation of the service was a difficult
one, especially as we know
how enthusiastic you have been about the service, and how supportive
you have been of
General Magic.

The voice application market continues to evolve at a rapid pace.
Many of you who have
followed the company in recent months are aware that we have shifted
our focus to voice
infrastructure software, and although we have continued the Portico
service during this
transition, we have not actively marketed or promoted the service to
new subscribers. We
have concluded that Portico is no longer core to our business and
that our business would be
best served by focusing our efforts on empowering developers to
build and deploy high
quality voice applications using our suite of voice infrastructure
software products.

We understand that many of you may be personally disappointed that
we are discontinuing
the service but we hope that you will continue to recommend General
Magic to any of your
colleagues who are looking to implement voice-based services.

Again, thank you very much for your support and business over the
past years. If you have
questions or concerns regarding the Portico service that you would
like share with us
please feel free to contact Portico customer service at
1-800-774-3311. We value your
continued goodwill and hope you will choose to use General Magic
products and services in
the future.

Sincerely,
Kathie Layton
President and CEO "
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