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Technology Stocks : Zi-Corp (ZICA), formerly MCUAF

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To: sPD who wrote (1739)11/22/1999 9:37:00 AM
From: leigh aulper  Read Replies (1) of 2082
 
fyi
CIC China Licenses Chinese Handwriting Recognition Software to Wacom

REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Nov. 22, 1999--(Nasdaq: CICI) Communication Intelligence Corporation ("CIC"), the leading supplier of pen-based software solutions, today announced that its joint venture, Communication Intelligence Computer Corporation, Ltd

("CICC") has licensed its Chinese Handwriter(R) 2000 to Wacom for its Chinese market tablet offering, the Wacom 2000(R). The Chinese Handwriter 2000 is a Chinese handwriting recognition software package that converts a person's handwritten Chinese characters to Chinese text.

Chinese input on computers has been a difficult problem because there are more than 6,000 characters in the Chinese language. Handwriter 2000 helps Chinese-speaking people to use the PC more naturally and conveniently. CICC's preceding product offering, the Chinese Handwriter(R), has been well received by the Chinese market since its introduction.

Akihiro Oshima, President of Wacom JCs Co., Ltd. stated, "We believe that by bundling CICC's Chinese Handwriter 2000 on our Wacom 2000 product we will offer a more complete solution for our target users. The Wacom 2000 is our first product for the Chinese general home user market. This offering has the same high quality as other Wacom products that are widely recognized. By working with a technology leader like CICC, we can offer our customers the best solutions for all their needs. Whether they are interested in educational or artistic applications using the Wacom 2000, we believe that all of our users will benefit from the addition of CICC's natural input solution."

Based in Japan, Wacom is the largest tablet manufacturer in the world with over 90% market share in the artistic tablet market. Specifically aimed at the Chinese home computer users and education market, the Wacom 2000 is the first direct retail product from Wacom for this market. The product is expected to begin shipping in January of 2000.

"This is the best of both worlds," said Guido DiGregorio, CEO and president of CIC and CICC, "With CICC's Chinese Handwriter 2000, users can now enter Chinese characters into their PCs with relative ease and without any special training. Combined with Wacom's top-quality tablet and electronic wireless pen, this product combination will provide a natural pen and paper like interface for PC users. We are pleased to see that our extensive research in the area of Chinese handwriting recognition has yielded a solid product that helps our Chinese customers."

Established in 1993, CICC, is a Joint Venture between CIC and the Ministry of Electronic Industries of the Jiangsu Province of the People's Republic of China. CIC currently holds a 90% interest in the Joint Venture. CICC's focus is on systems integration, R&D and licensing of Chinese versions of the Company's core technologies including: handwriting recognition, electronic messaging, e-signature solutions and development tools.

About CIC

Communication Intelligence Corporation (CIC) is the leading supplier of pen-based software solutions. The Company's core software technologies include multilingual handwriting recognition systems, dynamic signature verification, ink compression, and operating system extensions that enable pen input. CIC's products are designed to increase the ease of use, functionality, and security of mobile electronic devices ranging from handheld companions to cellular phones. Key licensees of the Company's technologies include Ericsson, Fujitsu, Hitachi, Microsoft, Mitsubishi, National Semiconductor, and Nortel. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information about CIC and its products please visit our website at www.cic.com.
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