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Gold/Mining/Energy : Sideware Systems - SYD.u/V, SDWSF -- Ignore unavailable to you. Want to Upgrade?

To: gypsy who wrote (3063)	5/31/1998 2:27:00 AM
From: Harmattan	Read Replies (1) \| Respond to of 6076

Gypsy, ICQ and Hot Notions, that is the question. And an excellent one it is. The question has been asked before with no point by point answer to the best of my knowledge. Obviously there is no comparison re: size, exposure and market acceptance. ICQ wins hands down. However the company (Sideware) is well acquainted with ICQ and yet maintains that Sideware's concurrent technology is unique. ICQ has many more user level features than Hot Notions as ICQ is much further developed. It is my understanding (I'm not a techie) that the uniqueness of what Sideware is developing lies in the heart of the technology rather than in the surface features at present. I refer you to a statement below by Sideware responding to investor fears after an announcement by Lotus that two similar companies had been acquired thus potentially squashing any deal between Lotus and Sideware. In it they mention ICQ. Take note of the important comment re the 32 bit client. "Good evening to you all. Pursuant to today's trading in Sideware Systems (SYD.VSE) and the many questions stemming from the press release by Lotus Corp., please find enclosed the following commentary from the company. COMMENTS WITH RESPECT TO SPECIFIC PRODUCTS PURCHASED BY LOTUS CORP. 1] VIRTUAL PLACES Virtual places, though containing some real time collaboration products, is not much different from other chat systems such as ICQ. The product can not perform many functions performed by Net Notions and, therefore, has no direct impact on Sideware Systems. The product is currently available through Excite and the company urges it's shareholders to use the product. In short, though the product is within the same market segment as Sideware products, the company is not concerned with it. 2] DATABEAM Quite simply, Databeam presents no competition to Sideware products. Databeam is a dataconferencing product similar to the Microsoft Net Meeting product and not within the same market segment as Sideware products. CONCLUSION Management has examined the press release, is aware of the products and does not believe either product is in competition with Sideware products. In fact, management believes they represent complimentary products. Specifically, with re-positioning and new development direction of Sideware products as discussed in our last corporate update (i.e. new 32 bit client), the company sees an even greater opportunity to be pursued with Lotus, which may now find the 32 bit client to be of even greater interest."(bolding mine)