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Technology Stocks : Enterprise Informatics -- Ignore unavailable to you. Want to Upgrade?

To: SIer formerly known as Joe B. who wrote (2816)	9/24/1998 6:58:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 13797

here's the SDRC (Structural Dynamics) news release on the same subject. Much clearer than the ALTS release, imo, and makes it clear this is a sale of limited resource. SDRC Acquires Document Management Software CINCINNATI--(BUSINESS WIRE)--Sept. 24, 1998--SDRC (Nasdaq:SDRC), the worldwide PDM leader, announced today the acquisition of certain software assets from Altris Software, Inc. (OTCBB:ALTS) of San Diego, CA. Under the terms of the agreement, SDRC paid approximately $3.0 million in cash for Altris' Rapid Information Presentation Services (RIPS) software product and associated product developers. SDRC's long-standing relationship with Altris has resulted in the co-development of the RIPS product. RIPS is a critical "View/Markup/Edit" tool that will be incorporated into the Metaphase(R) Enterprise(TM) document management feature that will formally be announced in October. This feature will enable expanded direct access to documents managed by Metaphase, while providing a core capability that enables rapid retrieval, display and manipulation of even the largest engineering drawings. The robustness of the Metaphase document management feature will provide users with a dramatically enhanced ability to realize fully integrated document management functionality within the product development environment. "We continue to extend SDRC's core competencies in Enterprise PDM and integrated CAD/CAM/CAE," stated Bill Weyand, SDRC's Chairman, President and CEO. Mr. Weyand added, "This acquisition represents a significant value for our current users of the Metaphase Enterprise product suite while providing new growth opportunities for this market-leading PDM solution." "Our customers have identified document management as one of the top priorities for their enterprise PDM needs. Metaphase's web-based architecture provides an ideal foundation to deliver a complete document management product that can be quickly deployed to thousands of users," said Robert Nierman, SDRC's Executive Vice President and Chief Operating Officer. "Document management is part of our expanding suite of web-based, out-of-the-box solutions that we'll be delivering in the next year to help our customers accelerate their PDM production success." SDRC (Structural Dynamics Research Corporation) is a leading international supplier of integrated Mechanical Design Automation software, Product Data Management software and related services. The Company's products and services help manufacturers optimize product concepts early in the design process, enabling them to significantly improve product quality while reducing product development time and cost. SDRC employs over 2,200 people with 64 offices in 16 countries throughout North America, Europe, and Asia-Pacific. SDRC's market-leading PDM solution, Metaphase, is developed, marketed and supported by the Metaphase Technology Division of SDRC. Altris Software, Inc. is a leader in delivering enterprise integrated document management software at customer installations around the world that include hundreds of thousands of users and tens of millions of documents. Across industries and applications Altris provides its customers with quality, document management software systems to increase productivity and profitability. sdrc.com altris.com Note to Editors: SDRC and Metaphase are registered trademarks and Metaphase Enterprise is a trademark of Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders. CONTACT: SDRC Mary Ward Manager, Public Relations 513/576-2151 mary.ward@sdrc.com or SDRC Kevin Morrow Director, Investor Relations 513/576-2627 kevin.morrow@sdrc.com or Metaphase Technology Margaret Furleigh 612/482-2608 mshf@metaphasetech.com