To: Kurt Goebel who wrote (2514 ) 6/27/1998 2:17:00 AM From: CanynGirl Respond to of 10081
You mean this press release? Yup, you are right. There is definitely something fishy here. A fourth round investment in Oct, and then another 4th round investment? Hmmm? Where did I find this? Oh, I just searched the mobilecomputing site for Wildfire. This is all that came up. I think there is a short trying desperately to tank the stock. Wildfire Voice Assistant to Integrate with Microsoft Outlook 10/24/97 WALTHAM, MA - Wildfire Communications plans to use a strategic investment by Microsoft [NASDAQ:MSFT], supplied as part of newly announced fourth-round venture capital financing, to integrate its innovative voice assistant with Microsoft's Outlook, Newsbytes has learned. Microsoft and Intel are the lead investors in Wildfire's latest round of venture capital financing, said Wildfire's Leslie Anderson, in an interview with Newsbytes. Other parties include previous investors Matrix Partners and Greylock Management, she added. All told, the financing package totals $12.5 million. Microsoft is interested in Wildfire as a means of "extending its influence beyond the desktop," Anderson maintained. Wildfire and Microsoft plan to work together to integrate and synchronize Wildfire's built-in relational database with the larger database in Microsoft's Outlook contact manager and scheduler, she continued. Wildfire's database stores up to six phone numbers for each of 150 contacts, Newsbytes was told. Integration between Wildfire and Outlook will appear in Enterprise Wildfire, a product set to ship in the first half of 1998, she said. Designed to run over corporate LANs (local area networks), Enterprise Wildfire will also feature integration with Symantec's ACT contact manager, according to Anderson. "Intel is interested in anything that is processor-intensive," Anderson added, noting that Wildfire provides capabilities in software that replace features previously available through hardware board sets only. "And our software runs on Intel processors." As previously reported in Newsbytes, Wildfire provides a friendly "human interface" for telephony functions such as voice messaging, call routing, and dialing. Demos of Wildfire are available by calling 1-800-WILDFIRE. Additional information about Wildfire can be obtained on the Web at wildfire.com .