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Technology Stocks : Formulab Neuronetics Corp.(FNCLY)-Anyone following this CO

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To: wallstreetbull who wrote ()9/27/1997 9:00:00 AM
From: Hans   of 210
 
just found this: (JUST A PRESS RELEASE FROM BOTH RICHTER PARADIGM/ NEURONETICS, These are more or less equal ..)

Richter Paradigm to Unveil Next Generation Software Product Based on Neuronetics(TM)
Technology at ISA Tech 97 Show

PR Newswire, Friday, September 26, 1997 at 17:15

Neuronetics VoiceNet Corporation, Inc. to also Preview Voicemail and PBX
Switch Products Targeted at Small Office, Home Office and Light
Industrial Markets

SAN JOSE, Calif., Sept. 26 /PRNewswire/ -- Formulab Neuronetics
Corporation (ASX: FNC; NASDAQ:FNCLY), through its U.S. subsidiary Richter
Paradigm Corporation, will unveil the next generation of its powerful software
product, Richter Paradigm View(TM) at next week's ISA Tech 97 show in Anaheim,
CA. Designed to speed the capture and implementation of advanced reasoning
processes, Version 3.0 of View will feature some exciting new capabilities
targeted at Windows 95/NT as well as embedded platforms.
Enhancements to View include the implementation of a layered design
methodology that allows the user to create and/or use libraries of re-useable
reasoning objects, or macros. These macros can be used to design the target
application at multiple levels of abstraction, hence further reducing
development time and cost. Another key addition is the support for OLE client
application development through which data between compliant Windows
applications, such as spreadsheets and databases, can be seamlessly
transferred to and from View. Other new capabilities include the ability to
use higher-order cells, selected from a library of application-targeted
functions such as those used in financial and business applications, and a
7-fold increase in the complexity of solutions supported.
Formulab's engineering services subsidiary, Cavlec Electrical Engineering
Pty., Ltd., will also be represented at ISA Tech 97. They will be on hand to
demonstrate and discuss the use of the Neuronetics technology in process
control applications. Additionally, a beta test program is underway now and
will conclude soon after the close of ISA Tech 97.
"These enhancements are the embodiment of our insight into the direction
of our target markets and the requirements of our key customers," states Dr.
Robert P. Lee, President and CEO of Formulab Neuronetics and Richter Paradigm.
"These capabilities provide our customers with a platform from which they will
be able to quickly create products and services for the rapid implementation
of intelligent systems."
In a related event, Neuronetics VoiceNet Corporation, Inc., a 50% joint
venture between Formulab Neuronetics Corporation and Goldtron Ltd. of
Singapore, will preview the first in a series of a full-featured voicemail and
PBX switch products. The VMSOHOTM series is designed to bring advanced
voicemail features and PBX switch capabilities to the small office, home
office and light industrial markets. Some features of the VM2600TM model
include up to 16 mailboxes with up to 180 minutes of dynamically reconfigured
recording time, intercom, call forwarding and call chasing. This model is
designed to accept two incoming lines and service 6 extensions.
"This series of products fills a market need beyond that serviced by
traditional answering and intercom machines at price points far below those of
the existing office PBX switch," states Khaled Hejleh, President and CEO of
VoiceNet. "Previewing this product at the premier industrial market tradeshow
will allow us to relate the advantages of the VoiceNet product to the leaders
of this market. Additionally, we will be actively discussing distribution and
licensing opportunities."
The VMSOHO series was released to production this quarter with first
product available in the fourth quarter of 1997. Discussions with leaders in
a variety of distribution channels continue. The results of these discussions
will be released as they complete.
This product's modular architecture is an excellent example of the ease of
integration and adaptation supported by the Neuronetics technology for the
rapid creation of embedded solutions. The embedded NeuroCard core can be
quickly and easily interfaced to a many digital and analog systems. Potential
target applications include high-order process and factory controls, data
communications management and client-server systems.
Formulab Neuronetics Corporation (FNC on the Australian Stock
Exchange - ASX and FNCLY on the Nasdaq) is a world leader in the development
and commercialization of advanced logic and reasoning technologies for a wide
variety of markets and applications. Richter Paradigm Corporation is the
wholly-owned, US subsidiary of FNC and is chartered with sales, marketing and
engineering for the North American market. Richter Paradigm Corporation can
be reached via e-mail at rpc@neuronetics.com, via telephone at 408-278-0360,
via fax at 408-278-0366. Visit Formulab Neuronetics' WEB site at
www.neuronetics.com.
NOTE: Windows(R) 95 and Windows NT(R) are registered trademarks of
Microsoft Corporation. Neuronetics(TM), Richter Paradigm View(TM), are
trademarks of Formulab Neuronetics Corporation.
Neuronetics VoiceNet Corporation is a joint venture corporation of
Formulab Neuronetics Corporation and Goldtron Limited (GDCS.SI on the
Singapore Exchange) and is chartered with product development, sales and
marketing of voicemail applications of the Neuronetics Technology for the
world market. Neuronetics VoiceNet can be reached via email at
voicenet@neuronetics.com, via telephone at 408-278-0360, via fax at
408-278-0366. Visit Neuronetics VoiceNet's WEB site at
www.voicenet-voicemail.com

SOURCE Richter Paradigm Corporation
-0- 09/26/97
/CONTACT: Stephen Saller, Sr. VP Marketing and Sales of Richter Paradigm
Corp., 408-938-5428, or rpc@neuronetics.com; or Bruce LeBoss of ChipShots,
Inc., 408-541-8744, or bleboss@ix.netcom.com, for Richter Paradigm/
/Web site: www.neuronetics.com/
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