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Information on Wordcraft Sys Inc
Company Name: Wordcraft Sys Inc (WORC) Exchange: NASDBB
Sector: Manufacturing Industries, Not Elsewhere Classified...
Detailed Quote for Tuesday, May 25, 1999
Data as of 5/25/99 2:18:00 PM
Open High Low Last
0.19 0.21 0.17 0.19
Change Volume Bid Ask
0.01 (2.70%) 1,324,400 0.19 0.21
Shares Outstanding: 12,144,000 Market Cap: 2.2 Million
Short Interest: Exchange provides
no short interest data. Yield: n/a
52-Week EPS: n/a P/E Ratio: n/a
52-Week High: 0.79 on
Thursday, May 28, 1998 52-Week Low: 0.08 on
Tuesday, January 12, 1999
Average Price 0.24 (50-day) 0.22 (200-day)
Average Volume 168,300 (50-day) 244,500 (200-day)
Intraday data is at least 15-minutes delayed. All times are EDT.
Intraday data provided by S&P Comstock and subject to terms of use.
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Tuesday May 25, 9:01 am Eastern Time
Company Press Release
SOURCE: Wordcraft Systems, Inc.
County of Sacramento, CA, Purchases Pen-Based Computers
IRVINE, Calif., May 25 /PRNewswire/ -- Wordcraft Systems, Inc. (OTC Bulletin Board: WORC - news) announced that the County of Sacramento has purchased its first two Pen-Based Computers to ''roll out'' a pilot program.
The PC's will be used by the ''field'' maintenance crews for extensive testing in the areas of integrating pen-based computer maps into the maintenance crews' daily activities. Thus virtually eliminating paper copies of work orders/service requests and paper maps. Field crews derive major benefits by having: a) an electronic map display, b) true geographic locations, and c) lists of outstanding service requests with water distribution and wastewater collection facilities. The crews may also perform asset data and electronic map updates; depicting new or modified asset locations. The crews' vehicles can be equipped with Global Positioning System (GPS), so that a vehicle's position can be located relative to new job site locations.
The Public Water Quality Division of Sacramento intends to conduct, during the next several months, a comprehensive performance review of the Pen-Based Computers purchased. Management believes that a conclusive review of the hardware will result in the purchase of over 100 units, including the company's SWIM software for Sacramento's field maintenance vehicles at an aggregate purchase price of over $1 million.
To date, two other Counties in the United States have confirmed their intent to purchase the SWIM software and portable computers for their Water Utilities divisions.
SWIMpen(TM) and SWIMdesk(TM) software have initially been developed for the City of San Diego (Water and Metro Wastewater Departments) at a cost of over $2 million. Since deployment in May 1997, the City has benefited substantially from the system as follows:
-- Elimination of paper maps;
-- Work productivity has increased by as much as 87%;
-- Map accuracy has been enhanced considerably;
-- Erroneous crew dispatches have been reduced;
-- Environmental citations have been avoided;
-- Duplicate data entry has been eliminated;
-- Decision making in the field has been simplified.
For further information, visit our public relations websites 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.
SOURCE: Wordcraft Systems, Inc.
Thursday May 13, 3:49 pm Eastern Time
Company Press Release
SOURCE: Wordcraft Systems, Inc.
Wordcraft's Fax Server Launch a Success
IRVINE, Calif., May 13 /PRNewswire/ -- Wordcraft Systems, Inc. (OTC Bulletin Board: WORC - news) announced that it has recently received multiple orders for its powerful and proprietary Fax Server device named ''Fax Central.'' The company commenced marketing ''Fax Central'' on April 1, 1999 through hundreds of its present customers (business machine dealers) across North America including; IKON, NEC, Sharp, Pitney Bowes Facilities Management and at the annual Business Technology Association (BTA) 1999 Trade Show organized primarily for manufacturers of automated office equipment and their distributors and dealers. Attendees included: Canon, Danka, IKON, Konica, Ricoh, Sharp, Toshiba, Xerox and others.
This multiline Fax Server is primarily designed for integration into a Local Area Network (LAN) and is compatible with PCs and the following operating systems: Windows 3.1, 3.11, 95, 98, and NT. It also permits up to 512 concurrent users per device and has 4, 8, or 16 fax channels. In addition to sending and receiving faxes, it has the following features:
-- Faxes can be routed to any local or available network printer;
-- 6+ gigabytes of document storage;
-- Faxes forwarded by e-Mail are self-viewing;
-- Multi-channel simultaneous broadcasting;
-- ITU T.30 Sub-addressing;
-- Automatic job assignment to next available channel;
-- Intelligent redialing;
-- Unlimited phone book entries and broadcast lists;
-- Archiving by Sender's ID -- files are self-viewing.
In addition, the company is negotiating with a major distributor of automated office equipment which may ''badge'' or market Fax Central under its ''brand'' name and logo in the U.S.A.
According to industry analyst Pete Davidson of Davidson Consulting of Burbank, CA, the 1998 Fax Server Device market exceeded $500 million and is expected to expand to $1.0 billion by the year 2002. The company's marketing initiative will predominantly target Fortune 1000 companies.
For further information, visit Wordcraft's public relations websites 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.
SOURCE: Wordcraft Systems, Inc.
Thursday April 22, 9:01 am Eastern Time
Company Press Release
SOURCE: Wordcraft Systems, Inc.
Wordcraft Releases Internet Fax Software at BTA 1999
IRVINE, Calif., April 22 /PRNewswire/ -- Wordcraft Systems, Inc., (OTC Bulletin Board: WORC - news) announced that it recently attended the annual Business Technology Association (BTA) 1999 exhibition held in Las Vegas, organized primarily for vendors, manufacturers of automated office equipment (fax machines and copiers) and thousands of their distributors and dealers including: Canon, Danka, IKON, Konica, Ricoh, Sharp, Toshiba, Xerox, and others.
The company featured HydraFax PC-Fax software, ''FaxForward,'' Internet Fax Software and its ''Fax Central'' (Fax Server) at the ''Connectivity Lab'' booth organized by BTA 1999 specifically to showcase products that are Local Area Network (LAN), Wide Area Network (WAN), and Internet connectable. Wordcraft was the only exhibitor at this booth. The company's new Internet Fax software, ''FaxForward,'' converts multi-functional devices (MFDs) into an Internet Fax Device which now has the capability to send faxes via the Internet to e-Mail addresses.
As a result of the show, the company is negotiating a software ''bundling'' arrangement with a major manufacturer of MFDs to include Hydrafax Lite and ''FaxForward'' with up to 10,000 of its MFDs. In addition, ''FaxForward'' was requested by three other major office equipment manufacturers for testing and possible ''bundling'' with their machines.
The company's ''Fax Central'' fax server was also featured and well received at BTA. It was concluded that the device may be strategically utilized by the various manufacturers of business equipment to generate increased sales of high-end digital printers/copiers. To that end, to date, one major manufacturer has expressed an interest in distributing Fax Central via its dealer network.
For further information, visit our public relations websites 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.
SOURCE: Wordcraft Systems, Inc.
Insider filings have a life of 90 days and have to be refiled.
If you do the math, they have placed a value of over .50 per share on the shares they are trying to sell
Insider Trades - Wordcraft Systems Inc (OTC BB:WORC) Updated: 24-May-99
More Info: Quote | Chart | News
Date Name Action Shares Type Price Value
18-Apr-99 LIDO CAPITAL INC Planned Sale (144) 482,000 Common - $217,000
11-Mar-99 SIGMA MGT INC Planned Sale (144) 400,000 Common - $148,000
25-Nov-98 STERLING CREDIT SERVICES INC Planned Sale (144) 150,000 Common - $30,000
12-Oct-98 STERLING CREDIT SERVICES INC Planned Sale (144) 150,000 Common - $25,500
30-Sep-98 SIGMA MGT INC Planned Sale (144) 90,000 Common - $18,000
29-Sep-98 LIDO CAPITAL INC Planned Sale (144) 100,000 Common - $21,000
29-Sep-98 SIGMA MGT INC Planned Sale (144) 275,000 Common - $55,000
14-Sep-98 SIGMA MGT INC Planned Sale (144) 50,000 Common - $10,500
12-Sep-98 LIDO CAPITAL INC Planned Sale (144) 135,000 Common - $27,000
4-Sep-98 TORVALON INC Planned Sale (144) 50,000 Common - $10,500
19-Aug-98 LIDO CAPITAL INC Planned Sale (144) 100,000 Common - $25,000
14-Aug-98 LIDO CAPITAL INC Planned Sale (144) 100,000 Common - $25,000
5-Aug-98 TORVALON INC Planned Sale (144) 250,000 Common - $55,000
5-Aug-98 LIDO CAPITAL INC Planned Sale (144) 250,000 Common - $55,000
5-Aug-98 FAX EQUITIES INC Planned Sale (144) 250,000 Common - $55,000
5-Aug-98 SIGMA MGT INC Planned Sale (144) 250,000 Common - $55,000
28-Jul-98 PORTWOOD MICHAEL Planned Sale (144) 279,000 Common - $97,650
14-May-98 FAX EQUITIES INC Planned Sale (144) 125,000 Common - $17,500
14-May-98 SIGMA MGT INC Planned Sale (144) 125,000 Common - $17,500
(i) indicates indirect holdings
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