Paulie, Thought you and all the Heartsoft gang might like what I just received. "Grupo Brad" (COMTEX) B: Heartsoft Completes Distribution Agreement for Thinkology B: Heartsoft Completes Distribution Agreement for Thinkology in Singapore TULSA, OKLA. (March 31) BUSINESS WIRE -Mar. 31, 1999--Heartsoft Inc. (OTC BB:HTSF), a technology-based publisher of educational software products for early-learning students, announced today that it has signed an exclusive distribution agreement with Target IT of Singapore for distribution of the company's newest software lines to all of Singapore's state run primary schools Under the terms of the distribution agreement, Target IT will represent Heartsoft for one year and will coordinate all purchasing efforts between Heartsoft and Singapore's Ministry of Education. "Target IT was strategically chosen to represent Heartsoft's interests in Singapore due their proven ability to get technology products into the school market," said Brandon Norris, National Sales Manager for Heartsoft, Inc. "Target IT has developed a long-standing relationship with the Singapore School System and has successfully overseen the adoption of many product lines by the Ministry of Education. They come highly recommended by other publishers who have worked with Target IT over the last several years," said Norris. The company anticipates this single distribution agreement to be worth approximately $200,000 in revenues to Heartsoft during the 1999-2000 school year. In other news, Heartsoft's international marketing efforts have been significantly augmented by the company's announcement that it had released new versions of its educational software titles compatible with Microsoft Windows 98(R) (Nasdaq:MSFT) and Apple iMac(R) (Nasdaq:AAPL). Heartsoft's support of Windows 98 and the iMac significantly expands the company's ability to support hardware manufacturers such as Apple Computer, Dell Computer Corp. (Nasdaq:DELL), Compaq Computer Corp. (NYSE:CPQ), and Gateway, Inc. (NYSE:GTW) which represent the most widely used platforms in schools and by parents. About Heartsoft Heartsoft, Inc. publishes and distributes a line of multimedia educational software products for schools and homes nationwide. Headquartered in Tulsa, Heartsoft is acknowledged among educators as the price-vs.-performance leader, delivering such product classics as the Heartsoft Bestsellers and its latest release, Thinkology, with unsurpassed customer satisfaction and loyalty. Heartsoft's web pages may be viewed at heartsoft.com and thinkology.com. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, the impact of competition; uncertainties in demand for and market acceptance of the company's products; changes in trade practices and the risk of trade practice litigation; and the risks of developing products. These and other risks are described in the company's periodic SEC reports and filings. -0- djm/dx* CONTACT: Heartsoft, Inc. Patsy Sims, 918/251-1066 patsysims@heartsoft.com or Target IT Irene Wee, (65) 665-3503 targetit@singnet.com.sg KEYWORD: OKLAHOMA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET EDUCATION Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |