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Gold/Mining/Energy : MGI Software (MGI on the TSE)
MGI 10.990.0%Jun 1 5:00 PM EST

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To: Steve Stinson who wrote (267)5/29/1998 11:22:00 AM
From: Steve Stinson  Read Replies (2) of 553
 
MGI Press Releases

MGI PhotoSuite Selected by Xerox ScanSoft

MGI's Award Winning PC Photography Program Included
in Xerox' Newest Scanning Software Suite Pagis Pro 2.0

TORONTO, Ont. - May 29, 1998 - MGI Software Corp. (TSE:MGI),
the leader in PC photography and video publishing
software, today announced that ScanSoft Inc., a division
of Xerox Corporation (NYSE:XRX), has signed a worldwide
licensing agreement to bundle MGI PhotoSuite with Pagis
Pro 2.0, the newest version of ScanSoft's full-featured
document management software.

Designed for Microsoft Windows 95, NT and Windows 98,
Pagis Pro 2.0 builds on the success of the award-winning
Pagis Pro 97, to bring a comprehensive scanning solution
to small office, home office, and professional users.
Pagis Pro 2.0 offers professional-level OCR, document
imaging, one-button color copying and now photo editing.

"Business users want easy-to-use versatile software that
allows their scanners to be an all-purpose
fax/copy/OCR/filing device," says Kristy Holch, principal,
Info Trends Research Group. "Users are asking for better
OCR and photo editing. This bundle combines a strong set
of features to meet these end-user needs."

Embraced by both home and business PC users, PhotoSuite
provides powerful tools that enable users to easily
manipulate, enhance, organize and be creative with photos
on their PCs and the Internet. Designed for Microsoft
Windows 3.x, 95, NT and Windows 98, PhotoSuite enables a
user to retouch still images, sharpen or soften pictures,
add special effects, and use the provided templates to
create new digital content. The built-in catalog feature
helps users manage all captured images, including video
clips, sound files, and projects. Photos can be used to
enhance documents and business presentations, e-mailed as
attachments, posted on a Web page for the Internet, or
printed as hard copy on a multimedia printer.

"As an established technology leader in the scanning
software market, we recognized the need to take document
scanning to the next level by delivering quality scanning
technology for both photos and documents," says Michael
Tivnan, president of Xerox ScanSoft. "We've achieved this
in Pagis Pro 2.0 by coupling our document scanning
technical leadership with the ease of use and versatility
of MGI's PhotoSuite."

"We are delighted to be working with Xerox ScanSoft," said
Anthony DeCristofaro, president and CEO, MGI Software.
"PhotoSuite is very popular with consumers because it
delivers the complete experience in PC photography. This
agreement with ScanSoft attests to the demand that OEM
vendors -- like users -- want comprehensive, integrated,
multi-functioning solutions."

Pagis Pro 2.0 brings together four powerful scanning
products in one program. It includes a full version of
MGI PhotoSuite, the most popular PC photography software
for consumers. TextBridge Pro 98, the award-winning OCR
that enables users to turn paper into documents on their
PCs. Pagis, which allows users to scan and organize their
documents in the Windows? Explorer file system and Pagis
Copier, to provide convenient one-button copies right from
the desktop.

Pricing and Availability
Pagis Pro 2.0 is available for $99.00 (suggested) at all
major retail stores including: Comp USA, Computer City,
Office Depot, Staples, Office Max, Best Buy, and more.

About Xerox ScanSoft, Inc.
Xerox ScanSoft, Inc. is a leading supplier of scanning
software products for document capture, recognition and
communication. ScanSoft's scanning software products
enable users to turn their paper-based information into PC
documents without retyping. ScanSoft's future products
will continue to build on this rich product heritage to
deliver value and functionality for novice and power
scanner users.

Consumers Digest Selects MGI PhotoSuite For Best Buy Award

TORONTO, ONT.-May 29, 1998-MGI Software Corp. (TSE:MGI),
the leader in PC Photography and Video Publishing software,
today announced that MGI PhotoSuite was honored with a Best
Buy Award from Consumers Digest. The award was announced
in the Personal Computer Buying Guide section in the April
issue of Consumers Digest. The acknowledgement coincides
with the recent notification that MGI PhotoSuite has passed
the "Designed for Microsoft Windows NT and Windows 98" Logo
test, from the VeriTest Logo Laboratory.

Consumer Digest editors assert that their goal is to
determine the product(s) offering the widest range of
features, longest warranty, greatest ease of use, best
styling, greatest efficiency, easiest servicing and lowest
maintenance needs, and greatest durability of design.
Consumer Digest states that of the thousands of products
that are evaluated by Consumers Digest editors, fewer than
3% meet the quality and value standards required to receive
a Best Buy designation.

"The Best Buy Award and the successful VeriTest for Windows
NT and Windows 98, further confirms MGI PhotoSuite as the
solid choice for consumers, says Anthony DeCristofaro,
president and CEO, MGI Software Corp. "With MGI PhotoSuite
II, due out this summer, we intend to continue our
reputation for exceeding consumers' expectations by
delivering applications of high quality and exceptional
value."

MGI PhotoSuite enables a user to retouch still images,
sharpen or soften pictures, add special effects, and use
the provided templates to create new digital content. The
catalogue feature helps users manage all captured images,
including video clips, sound files, and projects. Photos
can be used to enhance documents and business
presentations, e-mailed as attachments or posted on a Web
page for the Internet.

For an application to use the "Designed for Microsoft
Windows NT and Windows 98" logo it must pass a series of
tests and meet a number of requirements, such as automated
installations, registry UI/Shell support, and OLE 2.0
support at the VeriTest Logo Laboratory in Santa Monica,
California.

About MGI Software
MGI's mission is to "change the way you picture the world"
by revolutionizing the way we use and experience
photography, video, and other media on PCs and the
Internet. In its short history, MGI has vaulted to the
forefront in PC Photography and Video Publishing with its
award-winning products and key relationships with some of
the leading manufacturers driving the convergence of
computers with "still" and "motion" pictures. MGI's
partners include Intel Corporation, Mitsui & Co. of Japan,
and major digital camera, computer, and peripheral
manufacturers. MGI's PhotoSuite and VideoWave are the
leading brands in retail stores and OEM distribution.
The company's products are available in 14 languages
through a worldwide network of distributors and retailers
spanning 25 countries. MGI Software
(http://www.mgisoft.com) can be contacted at (905)
764-7000.
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