INSGY found this pearl this am. chart is straight up. volume is up.
price has gone from $1 to $4 in last 30 days. steady and continuous up pattern. can find very little info. 2 recent press releases below.
need research help. thanks
unclewest
FREMONT, Calif., Dec. 22 /PRNewswire/ -- Insignia Solutions(R) (Nasdaq: INSGY), a leading provider of virtual machine technology, announced today that it has filed an application with The Patent Office of the United Kingdom for international protection of innovative technologies related to JENE(TM), its implementation of Java(TM) for embedded systems. The patent filing underscores the notability of JENE, as well as its Embedded Virtual Machine(TM) (EVM(TM)) a key technology that enables developers of embedded systems to benefit from the Internet connectivity provided by the Java programming language and run-time environment.
"The patent filings signify the unique capabilities JENE and the EVM bring to the embedded marketplace," said Ron Workman, senior vice president of marketing for Insignia Solutions. "Providing a viable implementation of Java for embedded systems could create a whole new meaning for the phrase 'Internet connectivity,' and could significantly change the way users interact with information on the Internet through embedded devices. Features of JENE, such as concurrent garbage collection and adaptive optimizing dynamic compilation result in a Java virtual machine that boasts a small memory footprint, fast execution and predictable behavior. For the consumer, it means a tiny embedded device, such as a PDA, can more easily access the computing resources of a server several hundred times its size. Essentially, with JENE, the Internet and all its vast storage for applications and informational resources can become the virtual hard drive for an embedded device."
"The patent process is an indication of JENE's significantly improved implementation of Java for embedded systems and should give our customers and partners growing confidence in our ability to meet the special needs of embedded developers rushing to take advantage of Java's Internet capabilities and market potential," said Richard Noling, president and chief executive officer of Insignia Solutions. "Commercial validation of JENE's technology by our current beta partners could spark a whole new level of Java development activity for the embedded marketplace. According to leading industry analysts, the total market for commercial embedded software is estimated to reach nearly $1 billion this year, and over 40% of this estimated market has expressed interest in using new Java technologies for their embedded projects."
Previous implementations of Java have been too big, too slow, and too unpredictable to be used for embedded systems. In developing JENE and the EVM, Insignia is leveraging ten years of experience in developing virtual machines for resource-constrained systems. On December 7th of this year, Insignia and Sun Microsystems signed a memorandum of understanding paving the way for expanded cooperation and certification of Insignia's Java technologies.
JENE and the EVM are currently in the beta phase of development and are scheduled to be commercially available in the first quarter of 1999. As part of the beta trials, the company has signed developers of embedded devices ranging from networking equipment, PDAs, mass storage systems, and color printers.
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 publicly held Company's U.S. headquarters are in Fremont, Calif., 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.
(C)1998 Insignia Solutions Inc. All Rights Reserved. Insignia Solutions and Insignia are registered trademarks of Insignia Solutions Inc. Embedded Virtual Machine and EVM are trademarks of Insignia Solutions, Inc. Java is a trademark of Sun Microsystems, Inc. All other brand names mentioned are trademarks or registered trademarks of their respective holders.
Board Member Resigns to Avoid Possible Conflict of Interest
SAN JOSE, Calif., Jan. 12 /PRNewswire/ -- Insignia Solutions(R) (Nasdaq: INSGY), a leading provider of virtual machine technology, today announced that Quantum Corporation (Nasdaq: QNTM) has been one of the early beta testers evaluating JENE(TM), Insignia's implementation of Java(TM) for embedded systems. To avoid any potential conflict of interest, Dr. Paul L. Borrill, an executive with Quantum, has announced his resignation from Insignia's board of directors, effective January 8, 1999.
"Paul felt it would be best to resign from Insignia's board of directors to avoid any possible conflict of interest between his employment with Quantum and his board position with us," said Richard Noling, President and Chief Executive Officer of Insignia Solutions. "I obviously have mixed feelings about this news. Paul is one of the most dynamic individuals in the industry today and we will sorely miss having his expertise on our board. However, we agreed it would be best to ensure there is no future possibility of a conflict for Paul in his role as an executive with Quantum and JENE beta tester. Validation by our beta testers is critical, both to Insignia and the embedded systems industry as a whole. JENE and its Embedded Virtual Machine(TM) are poised to make a major impact on the embedded systems market."
With more than ten years developing and marketing virtual machines, Insignia has implemented a strategy that brings the full power of the Internet to a wide variety of customers through its superior implementation of Java for embedded devices. In recent weeks, Insignia has signed developers of embedded devices ranging from networking equipment, Personal Digital Assistants (PDAs), mass storage systems, and color printers to its beta test program, including Quantum Corporation. Founded in 1980, Milpitas, Calif.-based Quantum Corporation is the only storage company that has developed leadership positions in both fixed and removable storage products. One of the highest volume global suppliers of hard disk drives and the leader in the mid-range tape market, Quantum is widely recognized as the industry's quality leader. The company sells a broad range of storage products to OEM and distribution customers worldwide and in fiscal 1998 had revenues of approximately $5.8 billion.
Mass storage systems, and related applications, are managing increasingly larger amounts of critical information. Manufacturers of mass storage systems may find that JENE can increase the dynamic capabilities of mass storage systems so they can balance the use of networking bandwidth and local processing of storage device services.
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 publicly held Company's U.S. headquarters are in Fremont, Calif., 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.
Insignia Solutions and Insignia are registered trademarks of Insignia Solutions Inc. JENE, Embedded Virtual Machine, and EVM are trademarks of Insignia Solutions Inc. Java and Embedded Java are trademarks of Sun Microsystems, Inc. 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 revenue from 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 or that 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 time to time in the Company's other filings with the Securities and Exchange Commission.
SOURCE Insignia Solutions
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