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Gold/Mining/Energy : Lava Systems (LVA:TSE)

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To: Carol Barnes who wrote (101)	1/4/1999 2:54:00 PM
From: Winzer	of 102

Thanks Ms. Barnes. Them is the breaks! The way the NR reads, you wouldn't know that they are TOAST! The NR is posted for the record: Lava Systems Inc - Open Text signs purchase agreement for Lava Systems Lava Systems Inc LVA Shares issued 19,900,000 1998-12-17 close $0.15 Monday Jan 4 1999 See Open Text Corp (OTC) News Release Ms. Mia Pearson reports Open Text has signed a purchase agreement to acquire certain assets of Lava Systems of Toronto, Ontario. The terms of the agreement were not disclosed. With the acquisition of Lava Systems, Open Text's solutions will have the enhanced ability to fully leverage the information contained in leading ERP systems and integrate this information into Livelink's knowledge management system. In addition to strong enterprise integration capabilities, Lava brings a substantial business practice in the financial services and insurance vertical of the knowledge management industry. Livelink is a highly scalable, collaborative knowledge management application for intranets. Livelink's richly-featured enterprise document management, virtual team collaboration, business process automation, enterprise group scheduling and information retrieval services are tightly integrated into an off-the-shelf application that is easily customized and extended to fill a broad range of information and knowledge management needs. Livelink servers are fully web-based and open-architected to ensure rapid deployment, requiring just a standard web browser on users' desktops to access its full functionality. Livelink runs on Microsoft Windows NT and the leading UNIX platforms and supports most popular relational database management systems. WARNING: The company relies on litigation protection for "forward-looking" statements. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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