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Technology Stocks : ADSOD-Adaptive solutions

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To: mark alan rosenberg who wrote (73)	5/12/1997 3:40:00 PM
From: David Barton	of 477

Looks like it came back. I've been trying to find the release but can't. My impression is that QuickStroke sales were flagging and that Mitek entered into this agreement with ADSO to help advance its product line. I think ADSO is looking good no matter what since Mitek has a minimum purchase agreement (is it binding?) that is only for ~$1M. ADSO is planning on developing and selling their own stuff and not relying on Mitek for all its revenue from what I understand. Fortunately, any news at this point is pre-ADSO and does not reflect the product when combined with ADSO's acceleration. That is the news I'm waiting for. -David

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