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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (683)	12/2/1999 7:20:00 PM
From: Paul R Hnott	Respond to of 1502

Here is the MACR/SBAS relationship. StarBase Announces Technology Licensing Agreement with Macromedia Agreement Targets the Rapidly Growing Market for E-Business Web Applications SANTA ANA, Calif., ? July 7, 1999 ? StarBase Corporation (Nasdaq: SBAS), a leading provider of collaborative content management products for Web site application production, announced today that it has entered into a technology licensing agreement with Macromedia, a leading provider of professional Web publishing solutions. Through the agreement, Macromedia has licensed the server and internet technology found in StarBase products, while allowing StarBase to leverage the Macromedia market. The agreement is designed to address the growing trend among Web developers to work collaboratively throughout Web design and production, while effectively managing complex changes to Web content. Under the terms of the agreement, StarBase will receive a licensing fee as well as royalty payments for any products that Macromedia sells using StarTeam technology. In addition, StarBase will be able to develop future StarTeam products that will be compatible with Macromedia products incorporating this technology. "As Web sites increase in size and incorporate content from many contributors, Web development teams face an increasing level of complexity," said Kevin Lynch, senior vice president of Macromedia's Web publishing division. "These teams need an efficient way to manage change throughout the process of Web site creation, production, and ongoing maintenance. After careful evaluation of the category, we chose StarBase technology as the best basis for new content management products from Macromedia." William R. Stow III, chairman and chief executive officer of StarBase, stated, "We are very excited to be working with an organization of the caliber and reputation of Macromedia. This partnership not only represents a defining milestone in the history of StarBase, but also strengthens our position as a strategic player in the Web development market. The combination of StarTeam and Macromedia technology will enable non-technical contributors such as authors and graphic artists to collaborate directly with developers and project managers." About StarBase StarBase Corporation offers a complete family of advanced Internet and Intranet-based technical collaboration products for Web site production, e-commerce application development and software configuration management for mission critical applications. StarBase products were designed to improve development team productivity throughout the corporate enterprise over internal networks or remotely on the Web. StarTeam has won several awards including being named the 25th fastest growing ISV for Windows by Microsoft and CMP Media in April 1999 and "Best of the Test Center" by InfoWorld in Jan. 1998. Leading organizations such as Hollywood Entertainment, Bank of America, Boeing, Dell Corporation, Intel Corporation, Sprint, and Xerox have chosen StarTeam to aid in their development projects. StarBase is located at 4 Hutton Centre Drive, Suite 800, Santa Ana, CA 92707. Tel: (714) 445-4400. Fax: (714) 445-4404. Visit StarBase?s Web site at www.starbase.com. When used in the preceding discussion, the words "believes, expects, or intend to" and similar conditional expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, (i) conditions in the general economy or the software industry, (ii) the timely development and market acceptance of products and technologies, (iii) competitive factors, (iv) demand for team productivity software products, (v) sell-through of products in the sales channel, (vi) and other risks described in StarBase Corporation?s SEC reports and filings. StarBase and its product names are trademarks of StarBase Corporation. All other product and company names herein are trademarks of their respective owners.