Another alliance today (below) and the stock is flat.
Even FTPS software, which has lost $$ the last few
Q's is moving up. NETM, as opposed to many other
internet software co.s, has never posted a losing Q, however,
it doesnt move. Losers and competitors like NCDI, HUMCF, FTPS
have come back a little.
Either something is making investors nervous about this cos.
future growth potential (e.g. fierce competition, etc), or
the the price is depressed beacause a takeover is imminent.
NOVLs chart and trading pattern is similar, and jumped b/c it is
a likely takeover (great products, huge market share, great balanec sheet).
Techs were up, NOVL: announces new alliances, etc, and the stock was going down. Will NETM have the same fate
Below is the press release.
-----------------------------------------
Softway Systems Selects Netmanage For Windows(Tm) Nt Unix Environment
OEM Agreement Forges Long-Term Relationship for NetManage, Softway, and
Microsoft(R)
CUPERTINO, Calif., Nov. 12 /PRNewswire/ -- Netmanage Inc , the leading
provider of standards-based IntraNet software, today announced a multiyear
OEM agreement with Softway Systems, Inc., a leading provider of UNIX
technology for Windows(TM) NT. Softway Systems has incorporated the X-Window
server from NetManage's popular Chameleon(TM)NFS/X, into Softway's
OPENNT(TM) product family. The OPENNT product family substantially benefits
users and developers of UNIX and Windows NT applications by providing
integration, migration and portability solutions within the UNIX operating
environment. The agreement with NetManage allows Softway to fulfill a key
portion of Softway's long-term contract with Microsoft(R) Corporation
(Nasdaq: MSFT) to deliver a fully enabled UNIX operating system for Windows
NT in 1997.
Partnering with a top X Windows server provider like NetManage represents an
important step in the OPENNT project," says Doug Miller, CEO of Softway
Systems. "NetManage's X features, performance and positioning constituted a
promising opportunity for OPENNT, especially considering NetManage's long
expertise in Windows NT applications."
Softway Systems entered into a source code and strategic agreement with
Microsoft in 1995 to bring a native open systems environment to Windows NT.
Softway has selected NetManage's X Window server from ChameleonNFS/X on an
OEM basis. NetManage's X technology will become a critical component in
Softway's OPENNT product family by allowing graphical UNIX applications to
be run directly on a Windows NT system.
As businesses migrate from UNIX- to NT-based systems, OPENNT will furnish a
smooth transition for developers and users alike," said Bob Williams, vice
president of business development for NetManage. "We are excited to provide
Softway with key X technology and NT expertise throughout this transition
process."
About Softway
Softway Systems, Inc. is quickly establishing itself as the leading provider
of UNIX operating systems products for Microsoft Windows NT. The company is
developing its OPENNT product line under a source code and strategic
agreement with Microsoft Corporation. It was founded in 1995 by a team of
open systems and UNIX industry veterans. The company has offices in San
Francisco; Vienna, VA; Paris, France; and Kitchener, Canada. Softway Systems
is a privately held, venture capital backed company. Additional information
can be obtained by e-mail to info@opennt.com, by telephone at 415-896-0708,
or via opennt.com.
About NetManage
NetManage, Inc. develops, markets, and supports an integrated set of
application, server, and development tool software for the Microsoft
Windows, Windows 95, Windows NT, and Mac OS platforms. The company's
standards-based products provide TCP/IP and SNA host access, UNIX access
including NFS and X, ActiveX-based development, and desktop and Web
management. NetManage's award-winning products include the Chameleon ATX
family (Chameleon HostLink, ChameleonNFS/X), ECCO Pro and the Z-Mail
messaging family. The company's products are sold and serviced world-wide by
NetManage's direct sales force, international subsidiaries, and authorized
channel partners. Additional information on NetManage is available on the
Internet at netmanage.com, by sending e-mail to
info@netmanage.com, or by calling 408-973-7171.
NOTE: Netmanage, the NetManage logo and ECCO we registered trademarks of
NetManage, Inc. in the U.S. and/or other countries. Chameleon and Z-Mail are
trademarks of NetManage, Inc. OPENNT is a trademark of Softway Systems, Inc.
Microsoft is a registered trademark and Windows NT is a trademark of
Microsoft Corporation in the United States and other countries. UNIX is a
registered trademark in the United States and other countries, licensed
exclusively through X/Open Company Limited. All other trademarks or
registered trademarks are properties of their respective owners. SOURCE |
