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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: LakesideTrader who wrote (14847)	2/26/1999 12:42:00 PM
From: puborectalis	Respond to of 90042

INSGY>>>>GREAT NEWS ....................GET ONBOARD!!.........Company Press Release SOURCE: Insignia Solutions Insignia Works With Sun to Revise Brand Strategy for Jene Final Version, Called Jeode, Available in Next Few Weeks FREMONT, Calif., Feb. 26 /PRNewswire/ -- Insignia Solutions® (Nasdaq: INSGY - news), announced today the upcoming launch of Jeode(TM) (pronounced ''Jee-ode''), its implementation of Sun's Java technology for embedded systems. Jeode was introduced at the Embedded Systems Conference last fall under the name Jene(TM). The company anticipates customer shipments of Jeode by the end of March. ''We've been beta-testing since November with some of the leading manufacturers of consumer electronics, automotive systems, data/telecom and other embedded markets,'' said Ron Workman, senior vice president of marketing at Insignia Solutions. ''The feedback we've received has been excellent, with Jeode exceeding expectations. We're progressing on schedule and are confident that we will make our previously announced release date,'' he added. Insignia signed a Memorandum of Understanding with Sun Microsystems recently, which could set the stage for success of Jeode in the embedded marketplace. ''We're very excited to be working in partnership with Sun,'' stated Rick Noling, president and CEO of Insignia. ''When Sun formally announced its JINI technology in December, we recognized the possibility of confusion by the similarity between the two names. In order to avoid confusing potential customers, we are changing the name to Jeode prior to the official release of the product in March.'' Insignia Solutions Insignia Solutions is a leading provider of virtual machine technology that dynamically optimizes the use of available system resources. Jeode, Insignia's implementation of Sun's Java(TM) technology 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 US 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 (0)1628 539 570 in Europe, or visit the Company's Web site at insignia.com. (C) 1999 Insignia Solutions Inc. All Rights Reserved. Insignia Solutions and Insignia are registered trademarks of Insignia Solutions Inc. Jeode, Embedded Virtual Machine, and EVM are trademarks of Insignia Solutions Inc. Java and Jini 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 Jeode. 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