MOU with Sun Microsystems. Anyone who goy into INSGY in September has doubled their money by now.
Ray
Wednesday December 9, 10:39 am Eastern Time
Company Press Release
SOURCE: Insignia Solutions, Inc.
Insignia Signs Memorandum of Understanding with Sun Microsystems to Extend Deployment of Java in Embedded Systems Market
Insignia Amongst First Partners Tapped Under Sun's New Licensing Model
SAN JOSE, Calif., Dec. 9 /PRNewswire/ -- Insignia Solutions® (Nasdaq: INSGY - news), a leading provider of virtual machine technology, today announced it has signed a memorandum of understanding with Sun Microsystems. The two companies will worktowards an agreement giving Insignia immediate access to Sun's source code for the Java™ platform, as well as set the stage for an official certification ofthe Embedded Virtual Machine™ (EVM™), and JENE™, Insignia's implementation of Java for embedded systems. Insignia will also include some key Java technologies from Sun, including certain Java class libraries, with JENE to help ensure compatibility. Official certification of JENE and EVM with Sun, coupled with a new level of technology sharing and compatibility assurance, will help expand JENE's acceptance by a broader customer base and help extend the market for Java-based embedded systems.
''We are sharing our source code with companies and individuals committed to compatible implementations of the Java platform,'' said Alan Baratz, president of Java Software at Sun Microsystems, Inc. ''Insignia's Embedded Virtual Machine and JENE development system provide a compliant implementation of the Java technology for embedded systems development that will help Sun extend its presence in the embedded systems marketplace. The heart and soul of Sun's new licensing model is to foster just this type of industry participation and innovation that will help make the Java platform the de facto industry computing standard.''
''This high level of cooperation with Sun means Insignia will be able to respond even faster to changes and innovations in the Java platform, as well as to changing customer needs,'' said Richard Noling, President and Chief ExecutiveOfficer of Insignia Solutions. ''Sun is to be applauded for this new licensing model, which provides a new level of compatibility within many different segments of the marketplace. Moreover, it puts Insignia in a better position to bring the benefits of our leading-edge EVM technology to the embedded systems marketplace sooner, and should mean greater revenue realization for both companies.''
Specifications and Availability
Unlike other implementations of Java, JENE is small, fast and predictable, making it ideally suited to the specialized needs of embedded systems. JENE™Runtime consists of the highly configurable and tunable Embedded VirtualMachine (EVM) and JENE™Class, embedded class libraries. JENE is initially available on VxWorks, Windows CE and Windows NT, and for Hitachi SH, Intel x86 and MIPS, with more platforms planned to follow. Insignia also offers various services and technology licensing arrangements to port JENE to other platforms to help developers migrate their applications to unsupported platforms more easily.
Insignia Solutions
Insignia Solutions is a leading provider of virtual machine technology that dynamically optimizes the use of available system resources. JENE, Insignia's implementation of Java specifically designed for embedded systems, allows developers to create reliable, efficient and predictable embedded devices that are enabled by the Company's Embedded Virtual Machine. The Company's PC virtual machines, SoftWindows™ and RealPC™, enable Windows® and DOS applications to run on Macintosh® and UNIX® desktops. The publicly held Company's US headquarters are in Fremont, California, and its main R&D facilities are in High Wycombe, England. Sales and Marketing departments are located in Fremont and High Wycombe. For additional information on Insignia and its products, call 800-848-7677 in the United States and 44-1429-855-020 in Europe, or visit the Company's Web site at insignia.com.
NOTE: Insignia Solutions and Insignia are registered trademarks of Insignia Solutions Inc. Embedded VirtualMachine, EVM, JENE, JENEClass, JENERuntime, and RealPC are trademarks ofInsignia Solutions Inc. SoftWindows is a trademark of Microsoft Corporation in the United States and other countries, and is used by Insignia under license from owner. Java and Embedded Java are trademarks of Sun Microsystems, Inc. Windows is a registered trademark of Microsoft Corporation. Mac and Macintosh are registered trademarks of Apple Computer, Inc. UNIX is a registered trademark licensed exclusively through X/Open Company, Ltd. All other brand names mentioned are trademarks or registered trademarks of their respective holders.
Forward-Looking Statements
The statements in this press release relating to matters that are not historical are forward-looking statements that involve risks and uncertainties. These forward-looking statements include the anticipated timing of product releases, the expected customer demand for existing and new products, the expected revenuefrom product sales, the growth of the market for the Company's products, and the market demand for JENE. Actual results could differ materially from those anticipated. There can be no assurance that the Company will be able to define,develop, design, market and support an Embedded Virtual Machine (EVM) product orthat such product will be accepted by customers. The Company's business is subject to a variety of other risks and uncertainties that include, but are not limited to, rapid technological changes in the industry, increased competition,and timely introduction and customer acceptance of the Company's products. These and other risks and uncertainties are further described in the Company's Form 10-K for the year ended December 31, 1997 and will be described from timeto time in the Company's other filings with the Securities and Exchange Commission.
SOURCE: Insignia Solutions, Inc. |