Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : SEDONA Corporation (SDNA) -- Ignore unavailable to you. Want to Upgrade?

To: Ted Zeilstra who wrote (394)	11/18/1997 2:10:00 AM
From: Ted Zeilstra	Respond to of 731

Broomall, PA - November 12, 1997 --- Scangraphics , Inc. (NASDAQ: SCNG), reported three month revenues of $1,337,000, as compared to $1,388,000 a year ago. The loss for the three months ended September 30, 1997 was $2,341,000 or $.15 per share, as compared to a loss of $594,000 or $.06 per share for the three months ended September 30, 1996. Additionally, the Company reported nine month revenues of $3,620,000, as compared to $3,802,000 a year ago. The loss for the nine months ended September 30, 1997 was $5,104,000 or $.33 per share as compared to a loss of $1,854,000 or $.17 per share for the same period a year ago. Laurence L. Osterwise, CEO of Scangraphics said "The continuing increases in operating costs and related losses from operations are primarily a result of the Company's planned commitment to aggressively grow our business. We are accelerating the development of new products and services and the pursuit of strategic alliances associated with the marketing and sale of these products and services. We have made great progress in all aspects of our business, most notably in Tangent Imaging Systems' color reprographics and newspaper pre-press operations, in Sedona GeoServices' mapping conversion services and in the Technology Resource Centers' document conversion services. Although our results do not yet reflect the progress being made, confidence continues to rise in the strategies and markets we have chosen to pursue and in our ability to execute and capitalize on those strategies. From my perspective, our businesses are organized for success, our products and services are in increasing demand, our ability to address and meet customers needs is vastly improved, and, our strategies and the execution of those strategies are emerging as winners." About Scangraphics... Scangraphics, Inc., headquartered in Limerick, PA, is a provider of Geographic Information Systems (GIS) database management software products and is a pioneer and leader in scanning and image processing technology, large document scanners, backfile conversion services, and imaging software and systems. Its products are marketed internationally through systems integrators and distributors. Scangraphics is a publicly held corporation, with shares traded on NASDAQ (SCNG). Scangraphics Internet Home Page is: scangraphics.com. # # # Scangraphics is a provider of Geographic Information Systems (GIS) database management software products and is a pioneer and leader in scanning and image processing technology, large document scanners, backfile conversion services, and imaging software and systems. Its products are marketed internationally through systems integrators and distributors. Scangraphics is a publicly held corporation, with shares traded on NASDAQ (SCNG). Scangraphics Internet Home Page is: scangraphics.com.

To: Ted Zeilstra who wrote (394)	11/18/1997 2:14:00 AM
From: Ted Zeilstra	Read Replies (1) \| Respond to of 731

Limerick, PA - November 12, 1997 - Tangent Imaging Systems, a division of Scangraphics, Inc., (NASDAQ: SCNG), a pioneer and leader in large format scanning and imaging software, disclosed today that it has received over $1.2 million in orders from its distributor Sihl GmbH, a subsidiary of The Sihl Group, for its color scanning solution hardware and software products. Sihl has placed over $550,000 in orders since June, 1997. Sihl GmbH became a Tangent Imaging Systems distributor for the European market in November, 1996 and quickly developed into Tangent's top-performing reseller. European reprographic firms and service bureaus have responded positively to the combination of Sihl's aggressive marketing of efforts and product knowledge and Tangent's product quality and value. With the addition of "Reproworks", Tangent's Windows NT version of its color-matching software unveiled at Reprographie in September, 1997, all Tangent Imaging Systems resellers, including Sihl, are now able to offer Tangent's color scanning solutions to the growing number of Windows NT users, as well as to Unix users, in markets such as reprographics, fine art, and archiving. An essential ingredient of the Tangent color-matching software is its unique Color Loop Process. This process allows the user to calibrate the scanner/plotter system for specific ink and paper choices and facilitates Tangent's outstanding color capture quality. This capability provides Tangent and its resellers with a significant competitive advantage. According to Werner Ciupka of Sihl, "As color capture and reproduction become more essential to our target markets, accuracy and color matching performance will become paramount to a company's success. Tangent delivers on every point. This was proven at CeBIT in Hanover and Reprographie in Berlin. The result has been a significant increase in orders. Our German customers tell us that the Tangent name stands for quality in accuracy and color matching performance." Larry Osterwise, President and CEO of Scangraphics, Inc. stated that, "The performance of fine resellers like Sihl creates interest in our products on a global scale. As interest in Tangent Imaging Systems products rises over the coming months, we look forward to significant growth in 1998". About Tangent Imaging Systems... Tangent Imaging Systems is a pioneer and leader in large-format scanning hardware and imaging software technology with facilities in Doylestown, PA and Englewood, CO. Its products are marketed both nationally and internationally through systems integrators and distributors. Tangent Imaging Systems is a division of. Scangraphics, Inc Tangent Imaging Systems Internet Home Page is: colorscan.com About Scangraphics... Scangraphics, Inc., headquartered in Limerick, PA, is a provider of Geographic Information Systems (GIS) database management software products and is a pioneer and leader in scanning and image processing technology, large document scanners, backfile conversion services, and imaging software and systems. Its products are marketed internationally through systems integrators and distributors. Scangraphics is a publicly held corporation, with shares traded on NASDAQ (SCNG). Scangraphics Internet Home Page is: scangraphics.com. # # # Scangraphics is a provider of Geographic Information Systems (GIS) database management software products and is a pioneer and leader in scanning and image processing technology, large document scanners, backfile conversion services, and imaging software and systems. Its products are marketed internationally through systems integrators and distributors. Scangraphics is a publicly held corporation, with shares traded on NASDAQ (SCNG). Scangraphics Internet Home Page is: scangraphics.com.