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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Doug Robinson who wrote (75239)12/13/1999 3:38:00 PM
From: Ron  Read Replies (1) of 120523
 
CRYS significant news. Buying into Linux/Unix co:
HERZLIYA, Israel--(BUSINESS WIRE)--December 13, 1999-- Crystal Systems Solutions Ltd.,
(NASDAQ: CRYS - news) a leading provider of software renovation solutions, today announced
the signing of an agreement to acquire a controlling interest in privately-held Mainsoft Corporation of
San Jose, California. Under terms of the agreement, Crystal will invest up to $22.5 million in
Mainsoft, with an initial consideration of $10 million in cash. Total consideration for this acquisition
may increase upon the fulfillment of certain terms and conditions.

Mainsoft develops and markets a Windows© platform for UNIX and LINUX, allowing Windows
applications to run natively on UNIX and LINUX systems. Mainsoft enables independent software
vendors and enterprise customers to leverage their investment in applications developed for
Windows through the generation of native UNIX and LINUX applications. Using Mainsofts
Windows platform for UNIX, overall development costs are dramatically reduced and time to
market is significantly improved. By agreement with Microsoft, Mainsoft has access to Windows
NT© and Windows 2000© source code.
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