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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: George L. Smith who wrote (2183)	9/9/1998 8:10:00 AM
From: Tom Gebing	Read Replies (1) \| Respond to of 4509

SMS and PeopleSoft to End Distribution Agreement PR Newswire - September 08, 1998 17:16 MALVERN, Pa., Sept. 8 /PRNewswire/ -- Shared Medical Systems Corporation (SMS) (NYSE: SMS) has announced that SMS and PeopleSoft have agreed to end their marketing and distribution agreement. SMS will no longer market PeopleSoft applications as part of its NOVIUS(R) general financial, human resources, and materials management solutions. Under the terms of the agreement, SMS will retain the right to install, support, and maintain the PeopleSoft applications for customers that have contracted for or installed these applications. PeopleSoft will continue to provide software and services that will enable SMS to support its current customers. SMS is the leading supplier of information systems and services for health providers worldwide. The company, based in Malvern, Pennsylvania, serves over 5,000 health organizations in 20 countries. SMS had revenues of $921 million in 1997. Information about SMS' systems and services is available on the World Wide Web at www.smed.com. SMS and NOVIUS are registered trademarks of Shared Medical Systems Corporation. PeopleSoft is registered trademark of PeopleSoft, Inc. (Nasdaq: PSFT). All other referenced company and product names may be trademarks of their respective companies. SOURCE Shared Medical Systems Corporation