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Technology Stocks : NETM: Whats the BEEF? -- Ignore unavailable to you. Want to Upgrade?

To: G. H. who wrote (2556)	1/11/2000 10:15:00 AM
From: robert a belfer	Respond to of 2599

NetManage Completes Acquisition of Wall Data PR Newswire, Monday, January 10, 2000 at 09:18 Leading Host Access Brand and Technology Are Key Components of eBusiness Strategy CUPERTINO, Calif., Jan. 10 /PRNewswire/ -- NetManage, Inc. (NASDAQ:NETM), a leader in enterprise information access solutions for eBusiness, today announced achievement of a significant milestone in the company's repositioning as a leading eBusiness solution provider. The shareholders of Wall Data Incorporated approved the merger agreement with NetManage and its acquisition subsidiary last week and that the merger has been completed. This acquisition adds the most widely recognized brand in the PC-Host access market, new web technology and a leading market position to complement NetManage's eBusiness Strategy. "Now that Y2K fears have passed, extending and integrating legacy information assets to new users and customers is one of the hottest strategic objectives for global corporations as they move their businesses to the web," said Zvi Alon, president and CEO of NetManage. "With a customer base that includes over 80% of the Fortune 500, over several million licenses distributed worldwide and an expanded technology set, NetManage is in a prime position to help its corporate customers integrate their mission critical systems with new eBusiness solutions." About NetManage NetManage, Inc., founded in 1990, provides its customers with solutions and services that enable an easy migration to eBusiness, extending the use of the current installed information infrastructure. Its eAccess Group, eSolutions Group and eSupport Group provide enterprise-level eBusiness solutions to corporate customers worldwide. NetManage sells and services products worldwide through its direct sales force, international subsidiaries and authorized channel partners. For more information, connect to www.netmanage.com, send e-mail to pr@netmanage.com, or call 978-685-4000 (Eastern Time) or 408-973-7171 (Pacific Time). NetManage, the NetManage logo, the lizard-in-the-box logo, eN2000, ViewNow and SupportNow are either trademarks or registered trademarks of NetManage, Inc. and/or its subsidiaries in the United States and other countries. Simware is a registered trademark of Simware Inc. All other trademarks are the property of their respective owners. SOURCE NetManage, Inc.