ALPNET, Inc. announced that it has signed a Letter of Intent with Stork N.V. in the Netherlands, which is expected to lead to the acquisition of Stork’s $7 million Stork TPS business unit before the end of May 1999. Completion of the transaction is subject to due diligence, board approval, and the execution of a definitive acquisition agreement. Stork TPS is a business active in industrial information consulting and translation services. Stork TPS also provides high-end SGML publishing solutions to international corporations like Volvo, Daf Trucks, Philips Medical Systems, and Eurocopter. The purchase price will be paid in shares of ALPNET common stock. In 1998, Stork TPS was profitable and the acquisition is expected to be accretive for ALPNET. www.alpnet.com
Day: May 4, 1999
PC DOCS/Fulcrum, and MAZ Technologies announced the release of iMail, an encryption product integrated with DOCS Open that is both customizable and transparent in the DOCS Open environment. With iMail, users can avoid security risks by sending encrypted e-mail attachments to DOCS and non-DOCS users without disrupting their regular workflow. iMail is the latest member of a full suite of IntelliGard security encryption products from MAZ Technologies designed for integration with DOCS. As part of a special promotion, PC DOCS/Fulcrum users can now download a 21-day evaluation copy of iMail from www.maztechnology.com/files/main.html. Users must enter the registration code: pcdocs (all lower case letters with no spaces). www.pcdocs.com
Microsoft Corp. announced it has joined the Wireless Application Protocol (WAP) Forum, a consortium of more than 90 firms focused on developing wireless information and telephony services for digital mobile phones and other wireless terminals. Microsoft will work with WAP Forum members to accelerate the deployment of wireless mobile devices, as well as a broad range of wireless data services based on broadly supported Internet standards from the W3C, including XML. www.microsoft.com
