Jeff, UCMP and Language Force release a milestone announcement...
UniComp Partners With LanguageForce for Distribution and Advertising Arrangement
MARIETTA, Ga.--(BUSINESS WIRE)--April 23, 1999--UniComp, Inc. (NASDAQ:UCMP - news) today announced that they have an agreement with Southern California-based LanguageForce Inc., a worldwide market leader in the development of Internet communication technologies, products and services.
Under the terms of the agreement, UniComp and LanguageForce will initially cross advertise their products with a hyper-link allowing the public to download UniComp's e-commerce Universal Payment Software www.thinkpos.com and LanguageForce's recently-launched UTStarGate(TM) www.utstargate.com for a 'test drive.' This new product incorporates the latest innovations of IBM ViaVoice(TM), Microsoft® Explorer(TM) and Universal Translator(TM) Technologies that allow Internet users to instantly communicate with anyone, anywhere in the world regardless of languages. During the next several weeks, UniComp and LanguageForce will collaborate on the integration of the powerful UTStarGate technology with UniComp's innovate suite of e-commerce Universal Payment and Processing Software developed for e-commerce merchants and traditional retailers.
''We have successfully marketed and supported our suite of sophisticated software solutions on a worldwide-basis for over 15 years and now, with the integration of LanguageForce with our e-commerce Universal Payment and Processing Software, we have added an overwhelming competitive advantage - the ability to provide our customers with the tools to market their products worldwide while we eliminate the language barrier and economically provide the end-to-end Internet payment verification and transaction processing solution,'' said UniComp president and CEO Stephen A. Hafer. ''The prospects are staggering,'' Hafer added.
''One world, one language, is our mission statement,'' commented LanguageForce CEO Ian S. Simpson. ''We believe UTStarGate can make this possible and UniComp, as a worldwide provider of innovative software solutions with more than 30,000 installations in over 55 countries, will provide an excellent example of the power and competitive advantage UTStarGate can provide companies like UniComp who are targeting the burgeoning number of merchants marketing to a very global e-commerce world.''
About UniComp
UniComp, Inc. develops, markets and supports platform-migration, vertical market applications and e-commerce payment processing systems for Windows NT and UNIX-based computer systems and point of transaction processors worldwide. The Company licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public-sector, point of sale and transaction processors. Additionally, the Company provides installation, training and systems integration, serving a worldwide network of end user customers, dealers and distributors. UniComp employs over 400 staff worldwide and has over 50 distributors internationally, with over 30,000 installations in more than 55 countries. Please visit our World Wide Web site at unicomp.com for further information on UniComp.
About LanguageForce, Inc.
LanguageForce, Inc. is an Internet technology developer specializing in language communication and translation solutions that enhance global e-commerce trade and communications. LanguageForce's corporate mission -- One world, one language - is encapsulated in its proprietary Universal Translator Technology(TM). The company's line of communication products includes UTStarGate(TM), Universal Translator(TM), Universal Translator Deluxe(TM), Universal OCR(TM), and Instant Language 2000(TM). LanguageForce's strategic distribution partners are IBM (NYSE:IBM - news), Microsoft (NASDAQ:MSFT - news) and AT&T (NYSE:T - news).
This announcement contains forward looking statements and remarks relative revenue projections, distribution agreements, and financial performance which are subject to the risks and uncertainties described in reports filed from time to time with the SEC. These filings contain and identify important factors that could cause actual results to differ materially from those contained in our forward-looking statements. These factors include, but are not limited to, timely development and market acceptance of software products and solutions, upgrades to those and the impact of competitive products, solutions, pricing and the fact that the company's software license revenue can fluctuate from quarter to quarter as a result of various factors and conditions.
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Contact:
UniComp Inc., Marietta
Robert Shaver, Senior Vice President
770/424-3684 Ext. 116
or
Investor Relation Resources
Marty Tullio or George Logan
949/376-4458
E-mail: mktullio@home.com
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