To: Krio who wrote (7201 ) 5/20/1998 8:49:00 PM From: TEDennis Respond to of 10903
Krio: Re: what does it mean? Good question. I'm a software techie and not familiar with the ins and outs of all these legal maneuverings, so what I'm about to say might be way off base. This is pure conjecture based on tidbits I've picked up from communicating with various folks around the country/world. It sounds to me that this is an entirely new company, as opposed to what "we" originally expected, which was increased funding for the original BMR Software company. BigiSoft "acquired the patent licenses and intellectual property of BMR Software for the product Vertex 2000". What is currently unknown is if the original BMR Software company still exists as an entity. If it still exists, and if it didn't give up all rights to the use of the software, then I would expect Bob Bemer to honor any pre-existing contractual obligations (if any), thus giving TPI the "lead dog" position if they choose to accept it. There were a lot of IFs in that sentence, weren't there? Even if BMR Software no longer exists, I would expect that Bob would do what is right with respect to TPI and influence BigiSoft to give TPI an opportunity to license the software and/or be a licensed distributor. Bob doesn't seem to be the type to pull the rug out from somebody just to watch them fall (there is a poster on this thread who deserves that treatment, but I digress). In a way, I agree with J. Stone. Perhaps this means nothing. It might not change anything with respect to the original likelihood of something happening with TPI in respect to Vertex 2000. It didn't seem like a sure thing to me in the first place. Another one of those situations where there were a lot of IFs. If there is indeed a contractual agreement in the near future, TPII shareholders will profit handsomely from the association. If not, they still have TPI's existing Y2K software and services solution. I haven't seen it in action, so can't comment on its Y2K technical effectiveness or marketability. Good luck all, TED