Thursday May 21, 6:01 am Eastern Time
Company Press Release
Scangraphics Unit, Sedona GeoServices & TREEV Announce Strategic Cooperative Agreement
SpatialVision to be integrated with TREEV's OmniTREEV technology bringing Geographic Information Systems capabilities to the desktop/laptop of TREEV's customers
LIMERICK, Pa.--(BUSINESS WIRE)--May 21, 1998-- Sedona GeoServices, Inc., a subsidiary of Scangraphics(R), Inc. (NASDAQ: SCNG - news), today announced a broad ranging marketing and technology alliance with TREEV(R), Inc. (NASDAQ/NMS: TREV - news). Based on this agreement, Sedona and TREEV(R) will work together to integrate SpatialVision and OmniTREEV to target the $41.6 billion data warehousing market .
''This alliance represents an important step forward for Sedona's SpatialVision product,'' stated Scangraphics CEO, Larry Osterwise. ''Integration with OmniTREEV will provide customers with an open and highly scaleable framework to spatially-enable applications requiring heterogeneous, distributed data repositories.''
SpatialVision is a highly customizable product suite that supports geospatial data, query, visualization, and analysis using Internet-enabled, platform-independent JAVA technology. Based on Java Bean component technology, SpatialVision easily enhances enterprise line-of-business applications in a multitude of business sectors. OmniTREEV is a document management engine which provides document management features for capturing, storing, retrieving and managing all file types, including spatial, text, images, video and audio.
''The rapidly growing market addressed by SpatialVision supports the value proposition that OmniTREEV brings to enterprise computing,'' said TREEV(R) President and Chief Operating Officer David MacWhorter. ''We believe that the combination of the two products gives customers the widest choice and greatest flexibility when implementing customer relationship management (CRM) solutions.''
''The development of our relationship with TREEV(R) reflects our customers' demand for Microsoft Back Office compatibility,'' explained Sedona President Colin Matthews. ''Strategic application providers expect a choice of computing environments and it is our intent to deliver on that requirement.''
SpatialVision is expected to ship in the third quarter of this year. To learn more about Sedona's SpatialVision, visit our Web site at: www.sedonageo.com
About TREEV...
TREEV is a leading developer and marketer of integrated document management solutions. Our integrated software suite allows businesses to quickly and easily build or customize client/server and Web-based document management applications.
TREEV's standards-based component architecture consists of four core technologies: DocuTREEV (imaging), DataTREEV (COLD), AutoTREEV (workflow) and OmniTREEV (document management). Built on our award-winning and patented object management technology, the TREEV suite of software products extends a company's investment in legacy and client/server applications by providing users with flexible, cost-effective document management solutions. The TREEV's software is marketed through partners such as Sybase (Nasdaq: SYBS - news), Lockheed Martin (NYSE: LMT - news), ALLTEL (NYSE: AT - news), EDS (NYSE: EDS - news) and Intergraph Corporation (Nasdaq:INGR - news; Nasdaq: INGR - news).
For additional information about TREEV's products or services, call 800-254-0994, browse Web site www.treev.com or email: treevinfo@treev.com
About Scangraphics ...
Scangraphics, Inc., headquartered in Limerick, PA, is comprised of three operating companies: Tangent Imaging Systems, Sedona GeoServices, and Technology Resource Centers. This group pioneered and remains a leader in scanning and image processing technology, large document scanners, backfile conversion services, Geographic Information Systems (GIS) database management software, and imaging software and systems. Products are marketed internationally through systems integrators and distributors. Scangraphics is a publicly held corporation, with shares traded on NASDAQ (SCNG) Scangraphics and its operating companies can be found on the Web at: www.scangraphics.com
Forward Looking Statements ...
Any statements made in this news release that relate to future plans, events, or performance; or contain words such as ''believes,'' ''anticipates,'' ''plans,'' or ''expects;'' and other statements which are not historical facts are forward-looking. Such statements involve risk and uncertainty and are based solely on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
Scangraphics, Inc. 649 North Lewis Road, Suite 220 Limerick, PA 19468 610-495-3003 Fax: 610-495-3092 Web: www.scangraphics.com Email: vickif@scangraphics.com
SpatialVision, Sedona and Scangraphics are registered trademarks of Scangraphics, Inc. DocuTREEV, DataTREEV, AutoTREEV, and OmniTREEV are registered trademarks of TREEV, Inc. All other product names referred to are trademarks of their respective companies. |