Gotta love it David,
But don't for get the other product announcements too!:
Here's the Annasoft announcement too - just a little tidier without the squares and little block symbols from the e-mail:
INTRINSYC ANNOUNCES merger with ANNASOFT
March 31, 1998 - Intrinsyc Software is pleased to announce it has entered into an agreement to merge with Annasoft Systems. Annasoft is the world's leading supplier of Microsoft operating systems to the embedded software market as well as being a value-added services provider to the industry. The combined company will be the only publicly traded company to offer a single source for Windows CE design solutions to original equipment manufacturers (OEMs) guaranteeing record time to market for new consumer and commercial electronics product designs.
Under the Agreement, Annasoft Systems, its sister company Annabooks, and Intrinsyc Software, Inc. will all become operating subsidiaries of a single parent company. This merged entity, which the parties intend to register as "Intrinsyc, Inc." will be headquartered in San Diego, California - an ideal location for market access. It will be incorporated under U.S. laws, and will continue to be listed on the VSE while preparation for a U.S. listing is undertaken.
Following completion of this transaction, the shareholders of Intrinsyc Software, Inc. will hold approximately 54% of the outstanding shares of the parent company, subject to adjustment at the closing. Initially there will be 5 directors nominated for appointment: Derek Spratt, William Yu, and Ron Erickson from Intrinsyc; Richard Eppel and John Choisser of Annasoft. It is anticipated that 2 additional directorship appointments will be made from industry in due course.
Mr. Richard C. Eppel, President of Annasoft Systems, will become the President & CEO of Intrinsyc, Inc. Mr. Eppel has extensive experience in the OEM marketplace. He has served in executive management positions in the computer industry for the past thirty-five years with companies such as Control Data Corp, National Semiconductor, and I-Bus. As President of I-Bus, the world's first embedded PC company, he was instrumental in growing revenues over 25% per year compounded from approximately C$10 million to C$48 million during his tenure. For the past sixteen months Mr. Eppel has headed Annasoft Systems, transforming the business, which pioneered licensing of Microsoft operating systems in the embedded world, into the leading supplier of CE-based solutions.
Mr. Derek Spratt, Intrinsyc's current CEO, will become Executive Vice President of Business Development. He will continue to focus on building the corporate vision, capabilities and growth of Intrinsyc through acquisitions, joint ventures and strategic alliances. Mr. Spratt has a broad range of public company and technical leadership talents and experience that are well suited to the business opportunities at hand.
Annasoft is the leading licensing source of Microsoft operating systems to the embedded software market, including MS-DOSr, Windows 3.1r, Windows for Workgroupsr, Windows 95r, Windows NTr, and Windows CE. The company also provides OEM's with design, development, and integration services, covering concept design to product manufacturing. These services include hardware design and packaging, driver development, application support, prototyping, pilot manufacturing as well as education, training and support. In addition to developing and marketing its own embedded Windows software products, Annasoft distributes a variety of third party products. Annabooks, a sister company, publishes a line of technical books and materials on embedded software and hardware technologies, provides workshops and advanced PC technologies, and produces the PC developers conferences and Expos in San Jose, Paris, and Taipei.
Annasoft Systems and Annabooks, founded in 1989, have a large customer base with reported annual (Feb 28/98) revenues of approximately C$10 million (management stated) with strong growth projected in 1998. Together Annasoft Systems and Annabooks directly employ 20 marketing, sales and technical staff members in their San Diego offices, in addition to enjoying a close working relationship with a group of 30 subcontract developers who are under exclusive engagement for Windows CE systems integration work. Collectively with Intrinsyc, this brings more than 85 people together to offer OEMs a broad range of technologies and services for rapid embedded systems product development.
Derek Spratt stated, "Our companies both shared a common and strategic focus on Windows CE and it was a classic case of complementary fit. Annasoft has the best distribution, sales and systems integration reputation in the industry while we have industry leading products and technologies. Moreover, the companies have worked together for some time as partners in the embedded software market with synergies and corporate cultures that have proven to work exceptionally well together."
Richard Eppel added, "When you combine Annasoft Systems' wide range of products and services for Microsoft-based embedded systems with Intrinsyc's development tools and application components, you have a company that offers, by far, the broadest range of solutions and capabilities to OEMs. Having all these resources of technology and development available from one integrated source is of enormous benefit to companies developing new embedded systems. We can help them reduce their time to market significantly, thus increasing their chances of capturing profitable new market segments before their competitors".
John T. Choisser, President and founder of Annabooks stated, "This merger will add to the relationship that currently exists between Annabooks, Annabooks Conferences, Annabooks University, and Annasoft. The combined entities will enhance our mission of reducing the development time of our customers by helping them find the technical solutions they need."
This agreement requires the completion of financial audits and due diligence, the signing of a definitive purchase agreement, as well as regulatory and shareholder approvals.
Intrinsyc Software Inc. (VSE:ICS, NASDAQ:ISYRF) develops, markets, sells, and supports software tools and components for the development of Microsoft Windows-based embedded systems. These tools and components enable OEMs to rapidly develop software applications for a wide range of consumer and commercial electronics products that span multiple industries. For more information, contact Intrinsyc at info@intrinsyc.com or World Wide Web Page: intrinsyc.com or call (800) 474-7644.
On Behalf of the Board
Intrinsyc Software Inc.
Derek Spratt
President & CEO
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INTRINSYC ANNOUNCES THE LAUNCH OF ITS RAINBOW QUICKSTART PROGRAM
Embedded Systems Conference, Chicago - March 31, 1998 - Intrinsyc Software, Inc. is pleased to announce the launch of its Rainbow QuickStart program. Intrinsyc has enhanced its Rainbow product line with the Rainbow QuickStart program, to deliver all the key elements Original Equipment Manufacturers (OEMs) need to easily incorporate web server technology and accelerate the development of their Windows CE -based devices.
With the introduction of Rainbow, Intrinsyc assumed a leadership position in delivering value-add web technology for Windows CE-based systems. Rainbow customers have incorporated the web server functionality to remotely monitor, configure, control, and update a broad spectrum of industrial and consumer products including office automation, network hardware, and control systems applications. With Rainbow QuickStart, Intrinsyc adds to its production-proven Rainbow HTTP web server, a new OEM Development Kit (ODK) which is an add-on to the Microsoft Visual Studior. From within this environment, developers can start implementing their web enabled applications, even prior to the delivery of prototype or production hardware.
"Intrinsyc has focused on delivering software solutions that accelerate the development of Windows CE-based embedded systems", said Greg Corcoran, Rainbow product manager for Intrinsyc Software. "With Rainbow QuickStart, we have responded to our customers requests to deliver an environment that makes it easier to incorporate web technology into embedded devices."
"Microsoft is pleased by Intrinsyc Software's continued active role in promoting the adoption of Windows CE for embedded systems applications," said Tony Barbagallo, business marketing manager, Windows CE at Microsoft Corp. "With products like Rainbow QuickStart, Windows CE can be deployed in many new targeted product categories for embedded systems."
Availability and Pricing
Rainbow QuickStart includes the Rainbow ODK with 5 Rainbow web server run-time licenses and is available today for US$1495. The Rainbow ODK is also available stand-alone and is priced at US$995. Additional run-time licenses for the Rainbow web server are priced based on volume. Please contact Intrinsyc directly or your local Intrinsyc reseller for further information.
Intrinsyc will be demonstrating all of its development tools and components, including Rainbow QuickStart, at the Embedded Systems Conference in Chicago, March 31-April 2, 1998 and at the upcoming Microsoft Windows CE Developers Conference in San Jose, Calif., April 5-8, 1998, which it is co-sponsoring.
Intrinsyc Software Inc. (VSE:ICS, NASDAQ:ISYRF) develops, markets, sells, and supports software tools and components for the development of Microsoft Windows-based embedded systems. These tools and components enable OEMs to rapidly develop software applications for a wide range of consumer and commercial electronics products that span multiple industries. For more information, contact Intrinsyc at info@intrinsyc.com or World Wide Web Page: intrinsyc.com.
On Behalf of the Board
Intrinsyc Software Inc.
Derek Spratt
President & CEO
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INTRINSYC ANNOUNCES INTEGRATION EXPERT FOR WINDOWS CE
Embedded Systems Conference, Chicago - March 31, 1998 -- Intrinsyc Software, Inc. is pleased to announce a new release of Integration Expert (IX), enhanced specifically for Windows CE. IX is a comprehensive suite of development tools focused on improving design productivity while maximizing system reliability which has now been extended for developers of Windows CE-based embedded applications. IX for Windows CE simplifies development, maximizes performance, and minimizes the cost of embedded systems by delivering component modeling, visualization, and analysis capabilities that extend the Microsoft Windows CE Embedded Toolkit (ETK) for Visual C++.
Building upon the early acceptance of IX for Windows NT, used to develop embedded applications for Windows NT-based systems, IX for Windows CE introduces new capabilities that complement the Microsoft Windows CE ETK. IX simplifies the configuration of Windows CE by enabling developers to drag and drop operating system modules and application components into their project from the IX Component Gallery. Developers can easily edit ROM configurations and the registry as well as database and system initialization files. IX allows developers to optimize Windows CE by providing a rich set of analysis tools that determine the interdependencies between objects in their project.
IX includes a local and network-based Component Gallery. The Component Gallery accelerates the development of Windows CE-based systems by enabling developers to quickly locate, evaluate, and integrate third party OS or application components into their system. The Component Gallery also provides a mechanism for OEMs and developers to showcase their unique components and facilitate their distribution.
"As a company committed to providing everything customers need to launch Windows CE-based products in record time, we see IX for Windows CE as an extremely important addition to the embedded systems market." said Richard Eppel, President of Annasoft Systems. "IX provides the developer with the analysis capability and migration support to configure and target a Window CE-based application quickly and efficiently."
"With its automated analysis tools and component management, combined with the familiar Microsoft Visual Studio development environment, IX reduces the time required to develop and deploy, fully optimized embedded Windows CE-based products," said Bruce Forde, executive vice president and general manager at Intrinsyc. "IX for Windows CE brings a uniform embedded Windows CE development framework to system developers, software component vendors, and hardware vendors."
Availability and Pricing
The IX release for Windows CE will be available in May/98 for beta customers. The production release is scheduled for delivery in Q3/98. IX pricing starts at US$495 and is based on the product's configuration. Please contact Intrinsyc directly or your local Intrinsyc reseller for further information.
Intrinsyc will be demonstrating all of its development tools and components, including IX, at the Embedded Systems Conference in Chicago, March 31-April 2, 1998 and at the upcoming Microsoft Windows CE Developers Conference in San Jose, Calif., April 5-8, 1998, which it is co-sponsoring.
Intrinsyc Software Inc. (VSE:ICS, NASDAQ:ISYRF) develops, markets, sells, and supports software tools and components for the development of Microsoft Windows-based embedded systems. These tools and components enable OEMs to rapidly develop software applications for a wide range of consumer and commercial electronics products that span multiple industries. For more information, contact Intrinsyc at info@intrinsyc.com or World Wide Web Page: intrinsyc.com.
On Behalf of the Board
Intrinsyc Software Inc.
Derek Spratt
President & CEO
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INTRINSYC ANNOUNCES WEB-ENABLED FAULT TOLERANCE FOR WINDOWS CE
Bringing Simple, High Reliability to Distributed Windows CE-based Systems
Embedded Systems Conference, Chicago - March 31, 1998 -- Intrinsyc Software, Inc. is pleased to announce the latest version of its WinFT software fault tolerance product for use in web-enabled, Windows CE-based embedded systems. This new version of WinFT, in conjunction with Intrinsyc's market leading Rainbowr embedded web server, brings high system reliability to distributed Windows CE-based industrial automation, online transaction processing, data warehousing, control systems, telecommunications, retail or health-care applications. With WinFT for Windows CE, Intrinsyc continues its leadership position as the premier source of value-added software tools and components for Windows CE-based embedded system design.
WinFT for Windows CE implements all the key fault tolerance features already available in Intrinsyc's market proven WinFT for Windows NT. In essence, WinFT consists of a watchdog server and a watchdog client. The watchdog client allows users to access and configure the server. Based on user-defined criteria, the watchdog server running on each device can start, shutdown and monitor existing applications or new WinFT-enabled applications developed using the API (Applications Programming Interface) library provided in the WinFT OEM Development Kit (ODK).
With the availability of WinFT for Windows CE platforms, the WinFT watchdog server can now be accessed remotely via Intrinsyc's Rainbow embedded web server, thus reducing the client to a standard, familiar web browser. This is a powerful and necessary concept for distributed Windows CE-based embedded systems where the devices may not necessarily be equipped with user input and display interfaces. Systems administrators can remotely monitor or even reconfigure the fault tolerance behavior of any device in a network quickly and efficiently.
"WinFT offers unified and powerful distributed application monitoring, control and recovery capabilities across distributed Windows CE and Windows NT-based environments" states Guylain Roy MacHab‚e, systems integration director for Intrinsyc Software. "WinFT, along with Intrinsyc's other embedded software tools and components, further enhances the position and use of Windows CE in high-reliability, distributed application environments such as the ones found in control systems and industrial automation."
Availability and Pricing
WinFT support for Windows CE will be available in May/98 for beta customers and will be included in the next production release of the WinFT v4.0 ODK, scheduled for delivery in Q3/98. The WinFT ODK is priced at US$2,000 and includes an API, sample applications and up to 20 WinFT watchdog server licenses for use in development and small applications deployments. Additional run-time licenses for the WinFT watchdog server are priced based on volume. Please contact Intrinsyc directly or your local Intrinsyc reseller for further information.
Intrinsyc will be demonstrating all of its development tools and components, including WinFT for Windows CE, at the Embedded Systems Conference in Chicago, March 31, 1998 and at the upcoming Microsoftr Windows CE Developers Conference in San Jose, April 5-8, 1998 which it is co-sponsoring.
Intrinsyc Software Inc. (VSE:ICS, NASDAQ:ISYRF) develops, markets, sells, and supports software tools and components for the development of Microsoft Windows-based embedded systems. These tools and components enable OEMs to rapidly develop software applications for a wide range of consumer and commercial electronics products that span multiple industries. For more information, contact Intrinsyc at info@intrinsyc.com or World Wide Web Page: intrinsyc.com.
On Behalf of the Board
Intrinsyc Software Inc.
Derek Spratt
President & CEO
--------------------------------------------------------------------------------
INTRINSYC INTRODUCES DEVICECOM
Supporting Distributed Applications for Windows CE-based Systems
Embedded Systems Conference, Chicago - March 31, 1998 -- Intrinsyc Software Inc. is pleased to introduce DeviceCOM, a new middleware technology that provides the embedded software industry's first DCOM (Distributed Component Object Model) and OPC (OLE for Process Control) support for Windows CE platforms. With the introduction of DeviceCOM, Intrinsyc continues its leadership position in delivering value-added connectivity technology for Original Equipment Manufacturers (OEMs) and developers of Windows CE-based systems.
Intrinsyc's DeviceCOM extends the use of Windows CE in new markets by supporting two key standards for distributed applications: DCOM and OPC. DCOM is a standard developed by Microsoft to support communication among objects between different computers across a network. OPC is a DCOM-based standard created by the OPC Foundation, a consortium of leading industrial automation hardware and software vendors. OPC standardizes the interaction between process control software and control and acquisition devices, thus providing "plug & play" inter-operability in multi-vendor environments.
Intrinsyc's first release of DeviceCOM will include two product options: the DeviceCOM OEM Development Kit (ODK) and DeviceCOM for OPC. The DeviceCOM ODK is an add-on to the familiar Microsoft Visual Studio software development environment, and allows software developers to easily create custom COM interfaces to Windows CE devices for their distributed applications.
DeviceCOM for OPC is an industry specific, standalone product that implements all the standard OPC interface elements in Windows CE. DeviceCOM for OPC enables OEMs and developers to easily deploy Windows CE devices specifically where OPC is used as the interface between the control software and the remote devices. Furthermore, DeviceCOM for OPC requires no programming and includes all the necessary runtime libraries, OPC stub/proxy libraries and configuration utilities.
"Intrinsyc's DeviceCOM represents a key element in the successful and timely deployment of Windows CE in distributed applications such as industrial automation and process control." stated Bruce Forde, Intrinsyc's executive vice-president & general manager. "Intrinsyc's support for DCOM is a key building block in our strategy to provide enhanced connectivity support for Windows CE. Intrinsyc's DeviceCOM relieves OEM developers and systems integrators from the intricacies of developing their own Windows CE DCOM interfaces while allowing them to focus their core competencies on application development."
Availability
DeviceCOM will be available in May 1998 for beta customers. The production release is scheduled for delivery in Q3, 1998. Please contact Intrinsyc directly or your local Intrinsyc reseller for further information.
Intrinsyc will be demonstrating all of its development tools and components, including DeviceCOM at the Embedded Systems Conference in Chicago, March 31, 1998 and at the upcoming Microsoft Windows CE Developers Conference in San Jose, April 5-8, 1998 which it is co-sponsoring.
Intrinsyc Software Inc. (VSE:ICS, NASDAQ:ISYRF) develops, markets, sells, and supports software tools and components for the development of Microsoft Windows-based embedded systems. These tools and components enable OEMs to rapidly develop software applications for a wide range of consumer and commercial electronics products that span multiple industries. For more information, contact Intrinsyc at info@intrinsyc.com or World Wide Web Page: intrinsyc.com.
On Behalf of the Board
Intrinsyc Software Inc.
Derek Spratt
President & CEO
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