NEWS RELEASE INFOWAVE SIGNS DEVELOPMENT AGREEMENT WITH CANON
Agreement enables Canon to offer Apple® Mac® users the first complete color
solution to print, fax, copy and scan with a single integrated device
Burnaby, British Columbia, July 20, 1999 - Infowave Software, Inc. (VSE:
IWM) today announced that it has signed a development agreement with Canon
Computer Systems Inc. (CCSI), a subsidiary of Canon Inc. (NASDAQ: CANNY).
Infowave will develop customized printing solutions which will be used to
provide connectivity from Apple® (NASDAQ: AAPL) computers to Canon
multi-function printers (MFP).
In conjunction with the development agreement with Infowave, Canon has
introduced the MultiPASS C635, the industry's first Apple-compatible MFP.
The MultiPASS C635, designed specifically for the Apple market by Canon,
combines superior photo-realistic color printing, color scanning, color
copying and plain-paper faxing - all in one value-priced space-saving unit.
Canon builds upon the strength of its award winning MFP line to make
multifunction printing available to Mac customers. The MultiPASS C635 will
ship in August. As a leader in the MFP category, Canon currently commands a
29 percent market share in the ink jet MFP segment of this market according
to industry analyst firm, IDC.
"We're the first to offer Mac users MFP units that truly meet the SOHO Mac
user's needs," says Peter Bergman, vice president of marketing and customer
care at CCSI. "Canon is committed to delivering state-of-the-art technology
products to Mac users with superior color printing output - especially
graphics professionals. This is a natural marriage between Canon's
color/photo heritage linked to Apple's focus on supporting the graphics
marketplace."
According to InfoBeads, a Ziff-Davis Company in La Jolla, Calif., Apple now
accounts for 13% of U.S. retail and mail-order PC sales, more than double
its share from a year earlier.
"iMac and our new Power Macintosh G3s are inspiring developers to introduce
a deluge of innovative and compelling Macintosh products, " said David
Moody, Apple's senior director of worldwide product marketing. "Canon has
been a long-time supporter of the Macintosh platform and the new MultiPASS
C635 product is an outstanding MFP that will be appreciated by Macintosh
users, especially those in the SOHO market who require high-quality print
output and easy-to-use scanning and copying."
About Infowave
Infowave is a world-class software developer with a proven management team
and powerful strategic alliances. The company was founded in 1984 and is
headquartered in Vancouver, Canada. Infowave's Imaging Division builds
award-winning printing solutions. Infowave's PowerPrint® and StyleScript®
software kits provide Apple® Macintosh® users with improved print quality
and access to more than 1,600 printers. Infowave's Wireless Division builds
mobile business solutions that use the power of wireless communications to
extend the reach of enterprise computing. Infowave for Exchange and Infowave
for the Net are the most advanced and secure wireless solutions for
connecting mobile workers to key corporate information and applications.
Contact Information
Corporate:
Infowave Software, Inc.
Todd Carter, CFO
ir@infowave.com
800-463-6928
Investor Relations:
The Investor Relations Group
Steve Hanson, President
irg@invrel.com
800-444-9214
© 1999 Infowave Software, Inc.- Infowave, the Infowave logo, PowerPrint and
StyleScript are trademarks of Infowave Software, Inc. All other trademarks
are the property of their respective owners. Some of the above trademarks
may be registered in certain jurisdictions. This news release may contain
certain forward-looking statements that involve risks and uncertainties such
as competitive factors, technological developments and market demand. Actual
results could differ materially from the Company's expectations. The
Vancouver Stock Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release. |
