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Technology Stocks : Seagate Technology - Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Duker who wrote (946)	6/28/1999 3:02:00 PM
From: Duker	Read Replies (1) \| Respond to of 1989

Seagate Software Initiative Nets 500,000 Additional Licenses In First Two Weeks SCOTTS VALLEY, Calif., June 28 /PRNewswire/ -- Seagate Software, (NYSE: SEG - news) a leader in business intelligence with more than five million licenses shipped, today announced their ''free business intelligence software'' initiative -- launched June 15, 1999 -- has sparked outstanding initial response. Two weeks into the offer, there are an estimated 500,000 additional licenses of Seagate Software in the market, resulting from more than 15,000 online requests at www.fetchseagate.com to receive copies of Seagate Analysis and Seagate Info. ''Industry response to this initiative has been encouraging and rewarding,'' said Greg Kerfoot, president and chief operating officer, Seagate Software. ''Our goal is to accelerate the adoption rate of business intelligence software into the corporate mainstream, and introduce organizations to the benefits of making better informed business decisions. The magnitude of responses and widespread attention we've received reinforces our belief that this was the right thing to do, at the right time, for the business intelligence industry.'' On June 15, 1999, Seagate Software announced the distribution of its award-winning business intelligence software to millions of users around the world. The first product is a new, stand-alone desktop application called Seagate Analysis, which incorporates Seagate Software's award-winning ad hoc query, OLAP and reporting technologies. The second product is a 50-user license of Seagate Info 7, a proven product used by thousands of organizations worldwide. This newly enhanced version of Seagate Info -- now easier than ever to install and use -- links Seagate Analysis users in a complete enterprise system for accessing, analyzing, reporting and sharing corporate information. ''Several prospective customers evaluating business intelligence solutions at the time of the launch have escalated the importance of purchasing business intelligence software for their organizations since receiving the free full-product version,'' continued Kerfoot. ''Many organizations that are using competing products have also chosen to implement Seagate Analysis and Seagate Info in order to evaluate our products' functionality within their current systems.'' ''This is exactly the response we wanted to invoke with this initiative,'' concluded Kerfoot. For more information Seagate Analysis and the 50-user license copy of Seagate Info 7 are available free of charge from Seagate Software. To receive a free CD or download the software, visit a special Web site at fetchseagate.com. For information on all other Seagate Software products, including Seagate Crystal Reports, phone 800-877-2340 (North America) or 604-681-3435 (International) or check for any Seagate Software office locations on the Seagate Software Web site seagatesoftware.com. About Seagate Software Seagate Software, a subsidiary of Seagate Technology, Inc., develops integrated business intelligence applications, which include Seagate Analysis, Seagate Crystal Reports, Seagate Holos, and Seagate Info. Seagate Software can be found on the Web at fetchseagate.com. Seagate Technology, Inc. is a leading provider of technology and products enabling people to store, access, and manage information. The Company is committed to providing best-in-class products to help people get information when, where and how they want it. Seagate is the world's largest manufacturer of disc drives, magnetic discs and read-write heads, and an innovator in tape drives and software. Seagate can be found around the globe and at seagate.com. NOTE: The ''S'' logo and Seagate Technology are registered trademarks of Seagate Technology, Inc. Seagate Software, Seagate Crystal Reports, Seagate Holos and Seagate Info are either a registered trademark or trademark of Seagate Software, Inc. Seagate is a registered trademark of both Seagate Technology and Seagate Software. All other trademarks or registered trademarks are the property of their respective owners. SOURCE: Seagate Software --------------------------------------------------------------------------------