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Technology Stocks : NCDI - Network Computing Devices -- Ignore unavailable to you. Want to Upgrade?

To: Mark Orsi who wrote (4113)	4/2/1999 12:29:00 PM
From: Jim Henke	Read Replies (1) \| Respond to of 4453

From the annual report: ...the Company completed the acquisition of Tektronix' Network Displays business unit for $3.0 million in cash and warrants to purchase one million shares of the Company's common stock at $8.00 per share. ...approximately 83 former NWD employees, primarily in sales, marketing and engineering roles, joined NCD. The new Windows-based terminal ("WBT") was intended to replace the Thin Client 200/400 products and be a less expensive, faster and higher performance machine. These hardware products are expected to be released in late 1999 and continue through 2003. The software product upgrades include two primary software applications: a new enterprise management software which allows for the terminal to be centrally configured and remotely administered; and a next generation software product which is expected to differentiate the Company by rewriting the previous product to be JAVA based and adding key value features such as more central configuration support and support for token ring networks. These new software products are expected to be released in the second quarter of 1999.