INTQ - aha, there is a "black box"!!!!!!!
SALT LAKE CITY, Jul 7, 1999 (BUSINESS WIRE via COMTEX) -- IntelliquisInternational Inc. (OTC BB: INTQ), a
premier provider of personal computer and Internet software, today announced it has entered into an agreement to
acquire the assets of Direct Media Communications Inc., a San Jose, Calif.-based developer of multimedia and
Internet technology.
According to Bernard Yaw, Intelliquis' president and CEO, the acquisition of Direct Media allows Intelliquis to enter
the multimedia and Internet technology marketplace.
"The acquisition of Direct Media strengthens Intelliquis' position in the technology industry, and gives the company
a presence in Silicon Valley," Yaw said. "Direct Media's multimedia and Internet technology provide the perfect
opportunity to build upon Intelliquis' growth through the sale of additional products, while giving the company an
entry into the multimedia technology and delivery arena.
"With the acquisition of Direct Media, Intelliquis plans to leverage its global customer network and enter into new
strategic alliances to bring Direct Media's technology to market," Yaw said.
Direct Media is the developer of a technology code-named global communication module (GCM). GCM is a
high-performance network technology developed around the global communications concept. The GCM is
designed to allow an unlimited number of users to interact over networks using a variety of data types, including
audio, live and recorded video, text and html, among others, and combines these various data types into one data
stream.
Intelliquis plans to develop and sell products using the GMC through a new wholly owned subsidiary under the
name DirectMedia Communications (DMC).
According to John Wei, president of Direct Media, the acquisition also provides DMC the resources to market and
sell the GCM product. Under terms of the acquisition, Wei will become the president of DMC.
"Intelliquis International provides much needed resources to build new markets and sales opportunities for the
GCM product," Wei said. "I'm particularly excited about the relationship because the GCM technology can benefit
both corporate and education markets. DMC and Intelliquis can work together to create a whole new market for
the technology, which will allow a mass audience to share information."
The GCM product is designed to improve upon current conferencing and distribution technology by giving instant
interactivity to multiple participants in an audio and video interactive "net" conference. In its final form, the product
will allow each participant in the "net" conference to instantly interact with and access every other participant, as
well as interact with and access the data provider. With the GCM product in place, the host of the "net"
conference will have the ability to send specific content to select participants. The host will also be able to
distribute different content to each participant or allow all participants in the "net" conference to share and interact
with all content, allowing for a real global interactive broadcast.
According to Yaw, the GCM technology is perfectly suited for a number of different applications and vertical
markets. "In addition to 'net' conferencing, the GCM and its technology can be adapted to fill a variety of roles,
such as telemedicine, training, corporate communications, e-commerce and distance learning," Yaw said. "The
GCM is especially suited to the virtual-classroom environment because of its higher degree of interactivity and
multiple pathways of communication, which break down the distance and communication barriers between teacher
and student."
Yaw said the GCM technology could also be used for other applications, including use in online auction sites,
online infomercials and online news broadcasts, providing them with real-time interaction with and among their
users.
DMC's new GCM technology is currently in use in a university setting in Malaysia. DMC plans to build upon its
installed Asian base by expanding into other major international markets, with sales planned to start in late third
quarter, 1999.
Intelliquis will acquire the Direct Media assets for 1.5 million shares of Intelliquis common stock and the payment
of $1 million to DMC for working capital within 90 days. The company will issue up to an additional 12 million
shares to Direct Media if DMC meets certain sales performance targets. DMC will continue operating out of its
Silicon Valley offices in San Jose, Calif. About Intelliquis
Based in Draper, Utah, Intelliquis International Inc. (OTC BB: INTQ) is a premier provider of software titles for the
personal computer market. Intelliquis' Internet, communications, and utility software enable computer users to
save time and money while achieving greater productivity in their business and personal computing activities.
Intelliquis' software products are available worldwide through retail, VAR, distributor, Internet, direct and OEM
sales channels. More information can be accessed from the Intelliquis Web site atwww.intelliquis.com.
Except for historical information, all of the statements, expectations and assumptions contained in the foregoing
are forward-looking statements. The realization of any or all of these expectations is subject to a number of risks
and uncertainties and it is possible that the assumptions made by management may not materialize. In that
regard, there are no guarantees the acquisition of Direct Media Communications will be consummated.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Intelliquis International Inc., Draper
Ken Jenson, 801/990-2600
kjenson@intellquis.com
or
Direct Media Communications
Pat Lucci, 510/851-8837
alucci@hotcoco.infi.net
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