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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (26657)12/9/1999 8:11:00 AM
From: AlienTech  Read Replies (1) of 43080
 
Maybe cici can help you out?

CIC China Adds HiSense to Its Growing List of PenTools Licensees

REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Dec. 6, 1999--(Nasdaq: CICI) Communication
Intelligence Corporation ("CIC"), the leading supplier of pen-based software solutions,
today announced that its 90% owned joint venture Communication Intelligence Computer
Corporation, Ltd ("CICC") has licensed its PenTools(TM) product to HiSense Software Co.
for integration into its office automation system offerings. PenTools(TM) enables
pen-based computing for enterprise use in office automation (OA) and management
information systems (MIS). CICC, is a Joint Venture between CIC and the Ministry of
Electronic Industries of the Jiangsu Province of the People's Republic of China.
Chenyu Ma, Manager of the International Cooperation Department of HiSense Software
Co., stated, "We believe that by integrating CICC's PenTools into our high-end OA
systems, we can offer a more competitive solution to our corporate customers. With the
addition of handwriting recognition, handwritten markup of documents, signature
verification and handwritten email components from PenTools, our OA system will be more
suitable for government officers, enterprise managers, bankers, and other Chinese
corporate users. This added functionality will provide us with a competitive advantage in
OA system integration opportunities."
The HiSense group is one of the top IT companies in China. Its product line includes:
PCs, handheld organizers, TV set-top boxes, PC peripherals as well as TV, DVD and other
home appliances. The HiSense Software Co. is its software subsidiary and is one of the
largest system integrators for OA, MIS and other management systems in China.
PenTools, priced at $20,000 US each, consists of a number of standard OA system
components called OCX controls. These controls can be integrated into the two most
popular OA system platforms, Lotus Notes and Microsoft Exchange. Once enabled, these
components add functionality to the OA system for handwritten markup of documents,
handwriting recognition, electronic signatures, and natural messaging (handwritten mail).
The PenTools product has been popular among OA system integrators, government OA system
users, enterprise-wide OA systems, and many other OA and MIS system users. HiSense joins
a growing list of PenTools licensees which include: Great Wall Group, Pansky
International Group, Powerwise Group, QianDao City government, DaLian Branch of People's
Bank of China, Wuxi Local Tax Bureau.
"I am pleased with the success of our PenTools product," said Guido DiGregorio, CEO
and president of CIC and CICC. "Together with the Chinese Handwriter product line, CICC
can offers robust solutions for the enterprise and consumer markets. These products solve
real problems for Chinese computer users in the areas of Chinese character input,
document processing, personal identification and authorization, as well as email
composition. It is our pleasure to work with Chinese IT leaders like HiSense to bring
these solutions to our Chinese enterprise customers."

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.
Certain statements contained in this press release, including without limitation,
statements containing the words "believes", "anticipates", "hopes", "intends", "expects",
and other words of similar import, constitute "forward looking" statements within the
meaning of the Private Litigation Reform Act of 1995. Such statements involve known and
unknown risks, uncertainties and other factors which may cause actual events to differ
materially from expectations. Such factors include the following (1) technological,
engineering, quality control or other circumstances which could delay the sale or
shipment of products; (2) economic, business, market and competitive conditions in the
software industry and technological innovations which could affect the Company's
business; (3) the Company's inability to protect its trade secrets or other proprietary
rights, operate without infringing upon the proprietary rights of others or prevent
others from infringing on the proprietary rights of the Company; and (4) general economic
and business conditions and the availability of sufficient financing.

CONTACT: Communication Intelligence Corporation
Andrea Steller, 650/802-7740
Email: asteller@cic.com
09:02 EST DECEMBER 6, 1999
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