BrainTech Inc. Announces Reseller Agreement With Visionary Solutions, Inc.
NORTH VANCOUVER, B.C.--(BUSINESS WIRE)--June 3, 1999--BrainTech (OTC BB:BNTI - news) announces a reseller agreement with Visionary Solutions, Inc., (Philadelphia, PA) a leading supplier providing software libraries in the areas of imaging, document management, scanning, storage, and related technologies.
BrainTech Inc. resells Visionary Solution's VisImage® software embedded as a library in the Odysee Development Studio. The library product is an option available with the Odysee Development Studio, set for release in early July, 1999.
The Odysee Development Studio is a productivity tool for the rapid design and testing of machine vision applications. It allows system integrators to rapidly develop prototypes for commercial applications. The VisImage® toolkits are designed to give developers all the power and flexibility needed to integrate any type of raster images (black & white, grayscale, color) into applications as effortlessly as possible. VisImage® was constructed to be the highest performing, most feature-packed toolkit available in the imaging market.
''We were very impressed when we first reviewed the Odysee Development Studio and quickly agreed to a working relationship with BrainTech Inc. and look forward to extending our imaging technology into new markets,'' comments Brian Spangler, President of Visionary Solutions.
BrainTech's President Owen Jones states, ''We are pleased with the value-add that VisImage® brings to our core product, Odysee. BrainTech continues to expand Odysee's functionality by offering the user a wide variety of thoroughly tested algorithms from which to choose. At the same time, BrainTech will have an increasingly versatile product to resell to customers,'' Mr. Jones goes on to say that, ''BrainTech looks forward to working with Visionary Solutions as both companies continue to strengthen their respective products.''
ON BEHALF OF THE BOARD (signed) OWEN JONES PRESIDENT
The Private Securities Litigation Reform Act of 1995 provides a ''safe harbor'' for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by BrainTech, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of BrainTech, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state income tax laws, and market competition factors.
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Contact:
For BrainTech Inc.:
Richard Simpson, 604/988-6440
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