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Technology Stocks : Peapod (PPOD) -- Ignore unavailable to you. Want to Upgrade?


To: Trey McAtee who wrote (640)1/18/1999 8:48:00 PM
From: Regis McConnell  Read Replies (1) | Respond to of 1170
 
News on Split Pea...

SOLANA BEACH, Calif., Jan. 18 /PRNewswire/ via
NewsEdge Corporation -

Split Pea Software Inc., a spin-off of Peapod,
Inc. (Nasdaq: PPOD) today announced at David
Coursey's Showcase 99, the release and
availability of the Solana Remote
Framework(TM) (SuRF), a development
framework for creating High Performance
Internet Applications.

SuRF was created to simplify development of
component-based remote applications. SuRF
Applications are server-based, run over the
Internet, and have the look and feel of desktop
applications. An intelligent thin client can
create sessions to any SuRF-enabled site.
SuRF Applications are started from web
browsers using the app:// Uniform Resource
Locator. SuRF hides all the complexity of
running an Internet or Intranet remote
application.

SuRF makes possible a new breed of
applications. In addition to e-commerce
applications, it can be used to create
productivity software, enterprise software and
collaborative applications including chat,
scheduling and games. Version 5 of Peapod's
grocery-shopping application is the first
application to be powered by SuRF. SuRF can
be extended using third-party ActiveX controls
such as Macromedia's Shockwave Flash(TM).

"Split Pea Software is demonstrating significant
innovation and the evolution of Internet
technology," said David Coursey, Showcase '99
executive producer. "I chose Split Pea as a
Showcase demonstrator because with SuRF,
they are addressing the problems inherent in
many distributed Internet applications, while
making remote application development easier."

Split Pea Software has priced and packaged
this server-based solution to run under Sun
Solaris(TM) and Windows NT4.0(TM). Linux will
ship within 60 days. More information on the
Solana Remote Framework, including
demonstration applications, is available at
splitpea.com. A free
evaluation of the Windows Win32(TM)
development system is also available. Pricing
starts at $400 per concurrent user.

Split Pea Software Inc. is a technology
company, supplying leading-edge software in
the E-Commerce market. Building on the
success of Peapod's computer systems and a
licensing relationship with Coles Myer Ltd., Split
Pea is licensing its industry-leading Internet
shopping systems in grocery and other
high-sku, data-intensive e-commerce markets.
Its first standalone product is the Solana
Remote Framework(TM) technology for multiple
consumer and business-to-business
applications. Integrated Internet shopping
systems are the major focus of the company.

SOURCE Split Pea Software Inc.

CONTACT: Nick Lawrence of Split Pea Software
Inc., 847-583-6224, sales@splitpea.com

Company News On-Call:
prnewswire.com
or fax, 800-758-5804, ext. 134499

Web site: splitpea.com
(PPOD)



To: Trey McAtee who wrote (640)1/18/1999 9:10:00 PM
From: Regis McConnell  Read Replies (2) | Respond to of 1170
 
Trey, I'm trying to recall a similar example where the potential situation you describe has been done in a small cap tech co., can you help me?

Public offerings take a lot or resources in the months leading up to the offerings. Can't we make out just as well, down the road, w/the situation as it now is developing? Split Pea could still become a public co. in a year of so, right? By then it would potentially have a much expanded client list & a much stronger 'awareness' within investment circles, particularly if both it & its parent execute aggressively in 99'.

Regis



To: Trey McAtee who wrote (640)1/19/1999 6:00:00 AM
From: John G. Mueller  Read Replies (2) | Respond to of 1170
 
Hi Trey,
Seems like they didn't have the time to go though an IPO, and as another poster suggested, their wasn't anything material to spin off just some hi powered tech... so we will see how high powered it is very soon. Can't hurt us and should help us.

John