I had been told to watch this stock a few weeks ago by a friend...
he said it could either fly, or sink rapidly...
So I watched, and waited, and didn't buy...
All of a sudden today, it popped more than 50% (from 3 to 4 7/8 and has backed off a bit...) Major positive announcement of an alliance with IBM...
Conference call scheduled for Tuesday AM...
I've attached two releases, one, a Conference Call Invitation
and the other, the actual agreement announcement.
Cheers...
Eric
David D. Parker, President and CEO
Bill Bradley, Vice President Business Development and,
Michael A. Morgan, Vice President and CFO
of
Enlighten Software Solutions, Inc.(Nasdaq: SFTW)
invite you to participate in a conference call reviewing Monday's
announcement of Enlighten's license agreement with IBM
Tuesday, February 23rd, 1999 at 11:00 a.m. E.S.T.
The conference call numbers are 415/904-2416 and 212/271-4542. Please call five minutes in advance to be connected prior to the call's initiation.
Following its completion, a replay of the call can be accessed for 48 hours by dialing 800/633-8284 or 303/248-1201 (international callers). The access code for the replay is 11818923. A replay of this call is also available to institutional investor's via c-call.com. Contact David Collins or Kathy Holmes at 212/835-8500 or sftw@jcir.com with any questions.
---------
Enlighten Software Executes License Agreement With IBM
Monday, February 22, 1999 01:33 PM
IBM Business Partner Executive Conference
NEW ORLEANS/SAN MATEO, Calif.--(BUSINESS WIRE)--Feb. 22, 1999--
IBM to Integrate EnlightenDSM into UNIX Suites for Solaris and AIX
Enlighten Software Solutions, Inc. (Nasdaq: SFTW), a provider of workgroup administration and enterprise management solutions for UNIX and Windows, and IBM today announced that they have entered into a licensing agreement for Enlighten's flagship product, EnlightenDSM. IBM will integrate EnlightenDSM into new IBM Suites for Solaris and AIX.
The agreement will benefit customers by providing Enlighten's affordable cross-platform solution for the workgroup management and administration of heterogeneous UNIX and Windows systems into the powerful UNIX Suites. In addition to EnlightenDSM, the Suites includes IBM DB2 Universal Database, WebSphere Application Server, Lotus Domino, and other IBM products. IBM and its business partners will market the Suites worldwide with EnlightenDSM as an integral part.
"EnlightenDSM is a perfect complement to the Suites, providing a complete workgroup systems management solution," said Dick Sullivan, vice president, Integrated Solutions Marketing, IBM Software Group. "Incorporating EnlightenDSM into our new Suites for e-business gives our customers high powered workgroup systems management capabilities for their Solaris and AIX environments."
"We are extremely pleased that IBM has chosen to integrate EnlightenDSM as the workgroup systems management solution for their UNIX Suites," said David D. Parker, President and CEO of Enlighten Software Solutions. "To be included with other best of breed IBM products such as DB2 Universal Database and Lotus Domino is an indication of both the strength of the EnlightenDSM technology as well as the increased importance of systems management to customers worldwide."
Mr. Parker added, "This relationship represents a major step toward our goal of becoming the de facto systems management tool for the UNIX/Windows marketplace. Having now added IBM to our existing relationships with Sun Microsystems, Silicon Graphics, and GE's IT Distribution Group, EnlightenDSM is well positioned to become the systems management tool with the greatest market penetration in terms of licensed copies in the market."
The IBM Suites
IBM Suites for Solaris and AIX are new from IBM. They provide the best reliability, security, and support available for connected enterprises and autonomous departments using applications on UNIX servers. By choosing IBM Suites, customers can acquire a secure technology foundation that frees them to concentrate on their business applications and achieve their business objectives. Software developers, value-added distributors and resellers, system integrators and other solution providers use the IBM Suites as a secure technology base for developing "e-business" solutions for customers in diverse industries and markets. A full complement of Web-ready capabilities are provided, including messaging, collaboration, networking, and data and systems management, using key elements from some of IBM's best products.
EnlightenDSM
EnlightenDSM continues to set the standard for ease of use and deployment in the systems management software field. The product provides immediate return on investment for customers through its speed of implementation, flexibility of configuration and low cost of acquisition. The product increases productivity for the systems administration team by simplifying complex and lengthy tasks and consolidating system wide information. It also allows administrators to delegate mundane and time consuming tasks to less technical users throughout an organization, without relinquishing centralized control and privileged user authority. EnlightenDSM also increases system availability through improved monitoring and control of resources and users.
About IBM
IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. IBM software offers the widest range of applications, middleware and operating systems for all types of computing platforms, allowing customers to take full advantage of the new era of e-business. The fastest way to get more information about IBM software is through the IBM software home page at software.ibm.com.
About Enlighten
Enlighten Software Solutions, Inc. is a provider of UNIX and UNIX/Windows environment workgroup administration and enterprise management solutions for open systems distributed computing environments. The Company's award winning EnlightenDSM product suite provides cost-effective systems administration solutions for mixed vendor environments including DEC, Hewlett-Packard, IBM, SCO, Silicon Graphics, Sun Microsystems, Windows NT and Windows 95 and Windows 98. The EnlightenDSM product suite provides comprehensive functionality with unprecedented ease of installation and use. The EnlightenDSM product suite conforms with industry standard frameworks yet allows seamless integration with other vendors' point solutions. For more information, please visit the Company's web site located at enlightendsm.com.
The statements contained in this press release, other than historical information, include forward-looking statements and are based on current expectations and involve risks and uncertainties. Consequently, the Company's actual results could differ materially from expectations expressed herein. The various factors that could cause the Company's actual results to differ include, but are not limited to, failure of the Company's products to gain customer acceptance, failure of IBM's products that include EnlightenDSM to gain customer acceptance, the impact of competitive products and pricing, the rapid pace with which technology changes, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. Actual results may differ materially from management expectations.
IBM, DB2 Universal Database, and Lotus Domino are registered trademarks of International Business Machines Corp.
EnlightenDSM is a registered trademark of Enlighten Software Solutions, Inc. All other product and company names may be registered trademarks or trademarks of their respective owners.
*T
CONTACT: Enlighten Software Solutions, Inc., San Mateo
Bill Bradley
VP Business Development
650-578-0700 or info@sftw.com
or
Jaffoni & Collins Incorporated, New York
David C. Collins, Kathleen M. Holmes
212/835-8500 or sftw@jcir.com
Quote for referenced ticker symbols: SFTW
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