More News: PowerPrint(R) solution expands printing possibilities of innovative iMac(R) accessory
BURNABY, BC, Sept. 16 /CNW/ - Infowave Software Inc. (VSE:IWM) today announced it has signed a development agreement with New Motion International Co., Ltd., a manufacturer of Apple(R) Macintosh(R) and PC computer peripherals. New Motion, established in 1982, has distribution networks across the U.S., Germany, Japan, Australia and China. Under the terms of the agreement, New Motion agreed to package Infowave's award-winning PowerPrint software in-box with New Motion's iDock(TM).
The iDock is a six port hub that increases the peripheral compatibility of an iMac. It enables iMac users to connect to a wide variety of peripherals such as printers, scanners and modems with serial and parallel ports that would otherwise be incompatible with the iMac.
The inclusion of the award-winning PowerPrint software significantly enhances the capability of the iDock by adding new PC printer driver support. This makes it possible for users to print to over 1,600 PC-compatible laser printers, inkjet printers and specialty printers.
``Our agreement with Infowave enables us to leverage the excellent reputation PowerPrint has within the Macintosh community,' said William L.T. Lu, vice president, sales of New Motion. ``As well as improving the core compatibility of the iDock, we have also gained a powerful new marketing edge with which to promote the device.'
The iDock will be marketed and distributed in the U.S. exclusively by CompuCable Corporation through its network of resellers, distributors and superstores and via its website. CompuCable will position the iDock as the flagship of its iPeripheral line of iMac accessories.
According to PC Data, approximately 2 million iMacs have been sold since its launch on August 15, 1998, making it the top selling desktop computer in the retail market.
``The rapid growth of the iMac has created a huge demand for innovative Mac products,' said Kevin Jampole, vice president, sales and marketing of Infowave. ``This agreement with New Motion is the latest example of how Infowave is taking advantage of the increasing opportunities in the Macintosh marketplace.'
About Infowave
Infowave was founded in 1984 and is headquartered in Vancouver, Canada. Infowave's Imaging Division builds award-winning printing solutions - PowerPrint(R) and StyleScript(R) software kits provide Apple(R) Macintosh(R) 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 advanced and secure wireless solutions for connecting mobile workers to key corporate information and applications.
Note: 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 contains certain forward-looking statements about Infowave's development agreement with New Motion that involve risks and uncertainties such as the ability to develop and supply products without error or defects that achieve market acceptance, competitors who may produce products that are superior or gain greater market acceptance due to pricing, sales channels or other factors and reliance on the sales of Apple Macintosh computers. Actual results could differ materially from the Company's expectations. Forward-looking statements are based on the expectations and opinions of Infowave's management on the date the statements are made, and Infowave assumes no obligation to update forward-looking statements should circumstances in management's expectations or opinions change.
The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information: Corporate - Todd Carter, CFO, Infowave Software, Inc. 1-800-463-6928, cfo@infowave.com; Investor Relations - Steve Hanson, President, The Investor Relations Group (604) 689-5255 or toll free 800-444-9214, irg@invrel.com; Media - Anne Whitmore, Infowave Software, Inc. (604) 473-3647, pr@infowave.com |