Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (44228)	12/13/1999 4:06:00 PM
From: Dave Gore	Read Replies (2) of 108040

Kim, congrats on CRYS , news just getting out; this is the kind of news that could drive this higher; they are also a huge player in the Euro conversion. Windows NT(R), Unix and LINUX markets Crystal Systems Solutions Ltd., (NASDAQ: CRYS) 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(R) 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(R) and Windows 2000(R) source code.

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