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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Olsinvest who wrote (19139)8/18/1999 3:57:00 PM
From: Olsinvest  Respond to of 25711
 
CAMBRIDGE, Mass., Aug 16, 1999 (BUSINESS WIRE via COMTEX) --

-- G2 Software to be used for Operator Training and Mission Planning of High-Resolution Imaging Satellites --
Gensym Corporation (Nasdaq:GNSM), a leading provider of intelligent
operations management software, announced today that EarthWatch
Incorporated, a supplier of digital geographic information and image
data, is using Gensym's flagship G2 software for mission simulation of
its QuickBird spacecraft. G2 will enable EarthWatch to model and
simulate the behavior of the QuickBird spacecraft for training of
mission controllers and for efficient planning of mission operations.

"We are excited about our role in EarthWatch's satellite operations,"
said Mark Whitworth, vice president of Gensym's Advanced Systems
Business Unit. "Gensym's software has a long history of success in the
satellite industry; however, this is the first use of our software in
the emerging market of high-resolution satellite imagery. This market
commercializes satellite imagery for on-demand purchase of images down
to one meter in resolution. These images can be used for a variety of
commercial uses including mapping, managing natural resources,
emergency response, and infrastructure management. We believe that G2's
ability to model and simulate operations for EarthWatch's
soon-to-be-launched QuickBird satellites will be an important
ingredient for their success in this new industry."

G2 was selected because it enables the rapid translation of satellite
behavior into a software model based upon graphical objects and
real-time rules. G2 is being used to simulate QuickBird's subsystems,
such as those for communications, global positioning, and star
tracking, as well as the interactions of these subsystems with each
other. The G2-based simulator will be integrated with Mission Control
Center (MCC) software and allow operators to fly the simulator like the
real QuickBird spacecraft. The G2-based simulator will also enable
EarthWatch to perform "what-if" scenarios that support efficient
planning of mission activities.

"G2 provides a solution that best fits EarthWatch's needs to simulate
the behavior of the QuickBird spacecraft," stated Neal Anderson, vice
president of space systems for EarthWatch Incorporated. "We are very
pleased with G2 and expect to expand its utilization."

"The continued development of Gensym's market for intelligent
management of spacecraft operations is exciting," added Lowell
Hawkinson, Gensym's chairman and chief executive officer. "Our software
is used extensively by major spacecraft operators such as NASA,
McDonnell Douglas, INTELSAT, Inmarsat, EUTELSAT, Motorola Iridium,
Hughes, and now EarthWatch for simulation, command and control,
monitoring, and diagnostic applications."

About EarthWatch
EarthWatch Incorporated is located in Longmont, Colorado. The company
is building an online Digital Globe archive of worldwide geographic
information. The first QuickBird satellite is scheduled to launch in
early 2000. Natural and cultural features such as buildings, cars, and
trees will be able to be recognized. Following launch, EarthWatch will
provide its high-resolution panchromatic and multispectral imagery to
commercial businesses and government agencies developing mapping,
geological surveys, natural resources, emergency management,
infrastructure management, and insurance assessments. Visit EarthWatch
online at digitalglobe.com.

About Gensym
Founded in 1986, Gensym Corporation is a leading supplier of software
and services for intelligent operations management. Common applications
include modeling and simulation for improved process design and
optimization; intelligent monitoring and control for more efficient
process control and higher levels of safety; fault management and
diagnosis for greater levels of asset and service availability; and
intelligent scheduling for optimizing production in real time. Gensym
has sold more than 11,000 product licenses to organizations in
manufacturing, communications, aerospace, transportation, government
and other industries. Based in Cambridge, Massachusetts, Gensym has
worldwide coverage with offices in North America, Europe, the Middle
East and Asia-Pacific. Visit Gensym online at gensym.com.

Gensym and G2 are registered trademarks of Gensym Corporation. All
other trademarks are owned by their respective companies.

This document contains certain forward-looking statements as that term
is defined in the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are subject to risks and uncertainties,
which could cause actual results to differ materially from those
anticipated. Such risks and uncertainties include, but are not limited
to, fluctuations in customer demand, intensity of competition from
other solutions vendors, timing and acceptance of new products, and
general economic and industry conditions, as well as other risks
included on Form 10-Q for the quarter ended June 30,1999, as filed with
the Securities and Exchange Commission and available on the Web at
gensym.com. Gensym Corp. assumes no obligation to update the
information contained in this press release.

Copyright (C) 1999 Business Wire. All rights reserved.