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Technology Stocks : IFMX - Investment Discussion

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To: frank doolittle who wrote (9013)	1/28/1998 12:33:00 PM
From: Jason Chesshir	Read Replies (1) of 14631

The AP launched a news service called The Wire a year ago on the Illustra database, which Informix acquired in late 1995 when it bought Illustra Information Technologies. The upgrade to Informix's newer Universal Data Option will make it possible for The Wire to support more users as the service catches on with AP's news media membership. Eventually, The Wire will also support video and audio, says Mark Berns, AP's technology manager for multimedia services. The Wire provides business, national, and international news on the Web to some 200 newspapers and broadcast media, which provide links to the AP service via their own Web sites. The Wire can also be accessed directly at wire.ap.org. Informix says its object relational database, formerly called Universal Server, is now in use by 1,000 customers. The product was introduced in December 1996 as the next big breakthrough in database technology, but it was then blamed for Informix's financial problems in 1997 when companies were slow to buy it. -- John Foley (For more IT news, see InformationWeek Online at informationweek.com.)

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