To: Steve Bevington who wrote (42 ) 2/6/1998 8:29:00 PM From: sPD Read Replies (1) | Respond to of 96
Partnerhip with Interleaf FEBRUARY 5, 1998 Interleaf and Microstar announce Product and Services Partnership WALTHAM, MASSACHUSETTS & OTTAWA, ONTARIO--Interleaf, Inc. (NASDAQ:LEAF) and Microstar Software Ltd. (TSE: MSS) today announced a far-reaching SGML/XML partnership under which Interleaf and Microstar will jointly develop new XML products. Microstar was granted exclusive rights to further develop and jointly market with Interleaf three of its Standard Generalized Markup Language (SGML) products: FastTAG(R), SGML Hammer(TM) and SureStyle(TM) and offer SGML and XML services to Interleaf customers. Under the agreement, Microstar was appointed a reseller of the Interleaf I6 Workgroup Publishing Solution and Interleaf was appointed a reseller of Microstar's SGML and XML products and services including Near & Far(R) Designer. This partnership combines Interleaf's leading authoring, conversion and formatting tools with MicroStar's best-of-breed SGML/XML modeling software and consulting services. This combination will provide customers with the foremost solution for complex publishing that delivers the power of SGML, XML and HTML technology. The partnership also forms a foundation on which the two companies intend to jointly build future products to address the evolving trend toward Extensible Markup Language (XML) as a standard internet document and transaction structure and content modeling language. "By enabling each company to concentrate on core competencies, this partnership will provide users with support for today's advances in SGML technology and address future XML requirements," stated Jaime Ellertson, Interleaf's President and CEO. "It also builds on our previously-announced partnership with SoftQuad Inc. to deliver an Internet SGML Publishing Suite by integrating the Interleaf Xtreme intranet repository with SoftQuad's Panorama Viewer. Teaming with Microstar and SoftQuad will enable Interleaf to provide a comprehensive SGML/XML solution to our customers." "Our partnership with Interleaf is a key element of Microstar's commitment to provide advanced technology and solutions to an expanding worldwide SGML customer base. It also demonstrates our determination to quickly leverage Microstar's SGML knowledge base into the rapidly expanding XML product and service market," stated Peter Jordan, Microstar's President and CEO. About the SGML Products The product suite that will be jointly marketed by the two companies includes: * Interleaf 6 - a full-featured application for creating, assembling and distributing long, complex documents in a workgroup environment; * Microstar's Near & Far(R) Designer - the most powerful Document Type Definition (DTD) authoring tool for creating XML/SGML models; * FastTAG - a conversion and tagging utility that converts formatted ASCII and word processing files into structured documents in popular formats including Microsoft Word, Interleaf and SGML and XML; * SGML Hammer - a utility that converts SGML documents into popular authoring and distribution formats including Microsoft Word, Interleaf, SGML with different Document Type Definitions (DTDs) and HTML; * SureStyle - a tool that provides authors with a way to automatically verify and apply styles in Microsoft Word documents for conversion to SGML. About Interleaf Interleaf, Inc. provides software solutions for publishing complex, active documents across the extended enterprise. Its advanced, open software products integrate electronic publishing, document management, distribution and Web technologies, making it easy for customers to assemble, manage, retrieve, distribute and publish business-critical information across the enterprise and beyond. Interleaf is headquartered in Waltham, Mass., with offices around the world. Information about Interleaf's products is available from Interleaf Direct at 1.800.955.5323 or on the World Wide Web at interleaf.com . About Microstar Microstar Software Ltd. provides solutions, comprised of services and technology, that enable Global 2000 companies to create, manage and distribute their corporate knowledge assets. The company is recognized for its innovative standards-based solutions and technology tools for document and transaction management. Microstar has extensive expertise in SGML/XML, and is listed on the Toronto Stock Exchange (MSS). Information about Microstar Software Ltd. is available on the World Wide Web at microstar.com . Interleaf, FastTAG, SGML Hammer and SureStyle are trademarks of Interleaf, Inc, under exclusive license to Microstar Software Ltd. Near & Far is a registered trademark of Microstar Software Ltd. SoftQuad and Panorama are trademarks of SoftQuad International, Inc. Microsoft Word is a trademark of Microsoft Corporation. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Interleaf's actual results could differ materially from those set forth in the forward-looking statements. Certain factors that might cause such a difference include, among other things, difficulties in managing knowledge transfer and transitioning of customer relationships, managing and operating a joint development and marketing effort, delays in development and release of new products, market acceptance of the joint products and those factors discussed in the section entitled "Risk Factors" on page 15 of the Company's Annual Report to Shareholders, as incorporated by reference into Item 7 of the Company's Annual Report on Form 10-K dated June 30, 1997. This news release may contain forward-looking statements relating to the future performance of Microstar Software Ltd. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties and actual results may differ materially.