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Technology Stocks : DOCS - A TURNAROUND PLAY -- Ignore unavailable to you. Want to Upgrade?


To: waitwatchwander who wrote (1041)3/16/1999 10:02:00 AM
From: Michael Watkins  Respond to of 1156
 
Hey, I thought PC DOCS was only in legal? ;)

PC DOCS/Fulcrum solidifies leading position in manufacturing vertical

PC DOCS/Fulcrum Acquires Technology And Personnel From
ExoVision Technologies, Inc.

TORONTO, March 16 /CNW/ - PC DOCS/Fulcrum, a subsidiary of PC DOCS Group
International Inc. (NASDAQ:DOCS, TSE:DXX) and the global leader in document
and knowledge management, today announced it has acquired the technology and
key personnel of the Ottawa-based ExoVision Technologies, Inc., a leading
developer of best-of-breed technical document management (TDM) solutions.
This move further entrenches PC DOCS/Fulcrum as a leading player in the
manufacturing and technical drawing management markets, the focus of one of
six business units (along with Financial, Professional Services, Government,
OEM, and ISO).
ExoVision's Technical Document Management (TDM) solutions integrate DOCS
Open with CAD systems to track engineering drawings as part of an enterprise
solution for manufacturing clients and other CAD users. The acquisition of
ExoVision's technology is consistent with PC DOCS/Fulcrum's vertical focus and
its steadily growing business in the ever-expanding manufacturing market
(CIMdata, Inc., a computer integrated manufacturing consulting group, reports
the manufacturing and industrial marketplace continues to grow at a 30-35
percent rate for EDM and PDM technology.)
According to PC DOCS/Fulcrum's second quarterly results, sales in the
company's manufacturing vertical market account for almost 22 percent of
overall product sales. Personnel at companies such as Kraft Foods Canada,
Equistar, Chevron Chemical, Carolina Power and Light, Codelco Construction and
Mining, BP Oil, and Mississippi Chemical comprise some of the 10,000 users
utilizing ExoVision technology in PC DOCS/Fulcrum products.
''The acquisition of ExoVision's technology as it is embedded in PC DOCS
products demonstrates our strong commitment to the technical document
management arena. It is a perfect example of our move towards a more focused
solutions orientation, giving us much more control and direction over our
efforts in the manufacturing/engineering space,'' said Craig Wallace,
president of PC DOCS/Fulcrum.
''ExoVision has always focused on providing the best TDM solutions
available. Now as a division of PC DOCS/Fulcrum, the increased access to
development plans and product futures will be extremely beneficial to our
mutual customers,'' said Douglas Duncan, CEO of ExoVision Technologies, Inc.
ExoVision's products, RocketLink and RocketReView Pro, seamlessly
integrate with PC DOCS/Fulcrum' products, to provide powerful solutions
designed for the process, utility, discrete, and AEC markets. CAD users are
also able to take advantage of advanced document management functionality
integrated with technology that tracks drawings, revisions, notations,
reference files and more from a familiar interface. A powerful redlining and
commenting tool additionally enables users to simultaneously display
engineering drawings, scanned images, spreadsheets and specifications.
''Manufacturing companies are looking for solutions that will give them
the flexibility and return on investment they need. PC DOCS/Fulcrum's
experience in this sector combined with ExoVision's technology and the DOCS
Open architecture, will bring users the targeted solutions that address very
specific areas of 'pain' within manufacturing businesses,'' said Ed LoTurco,
director of marketing for the manufacturing business unit of PC DOCS/Fulcrum.
''Time to market will also be reduced, allowing our customers to immediately
take advantage of the latest and greatest features in the DOCS Open product
line.''
''Large companies have repeatedly expressed their requirement to manage
CAD drawings in the same way as their other documents. PC DOCS/Fulcrum has
provided a winning solution to many large customers across the globe and looks
forward to further expanding and enriching it in the future,'' added LoTurco.

About ExoVision Products
RocketLink for AutoCAD and RocketLink for MicroStation track drawings,
revisions, notations, blocks, symbols and reference files, all without users
having to change the way they work. RocketLink manages your CAD files over
multiple projects and multiple networks, with all of the security features and
benefits of DOCS Open. A true 32-bit Windows application, RocketLink enables
the CAD user to take advantage of multiple concurrent sessions of AutoCAD or
MicroStation.
RocketReView Pro is a powerful redlining and commenting tool supporting
multiple CAD drawing formats, including scanned raster, color images, text and
spreadsheet files. Enabling the simultaneous display of engineering drawings,
scanned images, spreadsheets and specifications, users can zoom and pan for
quick navigation while checking and automatically comparing revisions at a
glance. RocketReView Pro streamlines the review process with hyper-linked
documents, dimensioning tools, vector geometry capture, and enables exporting
comments to the users native CAD application for clean and simple revisions.

About PC DOCS/Fulcrum
PC DOCS/Fulcrum solves real-world business problems through document
management and knowledge management software. PC DOCS/Fulcrum products deliver
a controlled way to manage corporate information and Web content, and an
innovative way to understand it. Customers rely on our products to gain access
to the information that matters and then analyze and re-use this information
-- leveraging its value and conferring a sharp competitive edge. PC
DOCS/Fulcrum provides solutions to professional services firms, manufacturers,
financial services organizations and government agencies and, as a global
organization, has offices and partners throughout the world.