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Wordcraft and Sharp Agree to Bundle Printer Software
IRVINE, Calif., Feb. 16 /PRNewswire/ -- Wordcraft Systems, Inc. (OTC Bulletin Board: WORC) announced that it has now reached an agreement to bundle its E-Z Print software with Sharp's new multi-function Frontier Series Fax Machines.
This software technology, redesigned and developed by Wordcraft Systems, Inc. specifically for Sharp, will enable the end user of the Frontier Series devices to print documents from any Microsoft Windows application. The printer resolution of these devices is up to 400 dots per inch (dpi). Most of Sharp's "High End" fax machines offer a PC-Fax interface as a standard feature; many of its competitors feature PC-Fax Interface as an option.
The company is also a manufacturer and distributor of HydraFax, a powerful network and standalone fax software system which operates over 90% of Multi-Function Fax Machines manufactured today. These machines allow users to Fax, Print, Scan and Edit documents directly from PCs when using the following PC operating systems: Microsoft Windows 3.1, 3.11, '95, 98, NT 3.51, and NT 4.0.
Wordcraft supplies HydraFax software to a select group of major office equipment manufacturers and or their dealer networks including: Brother, Canon, Dex, Konica, Lanier, Minolta, Mita Copy Star, Munroe Systems, Muratec, NEC, Omnifax, Panasonic, Pitney Bowes, Ricoh, and Sharp Electronics.
Industry analyst CAP Ventures estimates that "by 2000, one in five office machines purchased will be an all-in-one product. The market for Multi-Function Fax Machines is so hot, new models equipped with technological advances are appearing every month, with higher-quality imaging, more font choices, larger paper trays, faster speeds and increased memory capacity".
The December 1997 issue of "Entrepreneur" stated that "the most obvious advantage of an Multi-Function Fax Machines, aside from taking up less space, is its cost-effectiveness. Instead of having to buy four or five different machines -- and maintain each with different replacement toner, drum and other parts -- you can purchase a single machine whose printing, scanning and copying functions use the same cartridge; which will lower your utility bill considerably."
According to GIGA Information Group, an industry research organization, the multi-function fax market in the United States in 1995 generated revenues in excess of $2 billion. GIGA says the market grew to about $3.6 billion in 1996 and says it could grow to $10 billion by the year 2000.
For further information, visit our public relations website at www.1stNetTech.com/worc and members.xoom.com.
This news release contains forms of forward-looking statements that are based on the company's beliefs as well as assumptions made by information currently available to the company. Such statements are subject to certain risks, uncertainties, and assumptions, which are identified in the company's Rule 15c-11 Information Statement. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results will vary materially from those anticipated, estimated or projected and the variations may be material.
Multi-National Designers & Makers of Computer/Fax and Water Utilities Software. Internet: wordcraft.com * e-Mail: wsinc@ix.net.com
SOURCE Wordcraft Systems, Inc.
CO: Wordcraft Systems, Inc.; Sharp Electronics Corporation
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