Patrice here's the Claris press release:
Jan 27 14:52:46 1998 Received: From: Apple Press Releases To:
Newswire on Tue, Jan 27, 1998 at 1:30 PM, PST. ***** Claris to Reorganize as
FileMaker, Inc. CUPERTINO, California--Jan. 27, 1998--Apple Computer,
Inc. today announced
that its Claris subsidiary will restructure to focus exclusively on
its award-winning FileMaker Pro line
of database software. This restructuring will include changing the
Company name to FileMaker, Inc.,
divesting of products other than the FileMaker Pro line, and laying-off approximately 300 Claris
employees. FileMaker Pro is the most popular database software for the Macintosh and is the
second most popular standalone database software for Windows, with about 3 million units sold and
2,500 developers. Sales of the FileMaker Pro line were $73 million in FY97, and $24 million in the
most recent quarter which ended Dec. 26, 1997. Sales of the Windows versions more than tripled
during the past two years (from $9 million to $28 million) and grew 77 percent during the most
recent quarter over the same quarter a year ago. "As FileMaker, Inc. we can now focus all our
energies on our very successful FileMaker business," said Dominique Goupil, President of Claris.
"We are totally committed to growing this business dramatically during the coming year." Beginning
February 1, Apple will distribute all Apple-branded software, including Mac OS 8 in the U.S. In
addition, Apple will develop, distribute and support the award-winning ClarisWorks integrated
productivity software. ClarisWorks is the leading productivity software in the K-12 education
market, a key market focus for Apple. Except for the historical information contained herein, the
statements in this press release are forward-looking statements that involve risks and uncertainties.
Potential risks and uncertainties include, without limitation, continued competitive pressures in the
marketplace; the effect competitive factors and Claris' reaction to them may have on consumer and
business buying decisions with respect to Claris' products; and the ability of Claris to make timely
delivery of successful technological innovations to the marketplace. More information on potential
factors that could affect Claris' financial results is included in the public filings of Apple Computer,
Inc., Claris' parent company, with the SEC including Apple's Form 10-K for the 1997 fiscal year,
and its Form 10-K for the first fiscal quarter of 1998, to be filed with the SEC. Apple Computer,
Inc. ignited the personal computer revolution in the 1970s with the Apple II, and reinvented the
personal computer in the 1980s with the Macintosh. Apple is now recommitted to its original mission
- to bring the best personal computing products and support to students, educators, designers,
scientists, engineers, businesspersons and consumers in over 140 countries around the world. Press
Contacts: Katie Cotton Apple Computer, Inc. (408) 974-7269 email: katiec@apple.com Steve
Ruddock Claris Corporation (408) 987-7202 email: steve_ruddock@claris.com NOTE TO
Look likes they WILL file a 10 Q (sic 10 K) EDGAR which should contain their accounting intent .
Jim K. |
