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Day: November 2, 1999

INSCI Corp. to Acquire Internet Broadcasting Company

INSCI Corp. soon to be renamed, announced that it has signed a definitive agreement to acquire privately held Internet Broadcasting Company (IBC) of Pompano Beach, Fla. The acquisition represents an important step in INSCI’s strategy to establish itself as a leading worldwide provider of both Internet portal-based applications services and on-site, enterprise software solutions for secure high-volume electronic document management and delivery. IBC will become a key part of the new INSCI business unit for Internet-based statement and bill presentment application services and continue to operate from its facilities in Pompano Beach. Under terms of the agreement, INSCI will acquire all the stock of IBC in exchange for shares of INSCI Common Stock. Both companies’ boards of directors have approved the acquisition and final closing is expected within 30 days, pending completion of customary closing conditions. Further terms were not disclosed. INSCI has formed a separate business unit to market and sell statement and document presentment services worldwide through direct and reseller channels. The company’s Internet statement services are targeted primarily at business-to-business applications but can also be integrated with portal services geared to consumers. Services will be provided on a per-transaction basis and encompass enrollment/subscription, electronic storage, management and distribution of statements, transaction confirmations, bills and other types of commercial documents.

Sight & Sound’s BookSmart to Use XSL

Sight & Sound Software, the developers of BookSmart announced support for XSL within BookSmart 2.0. The combination of BookSmart’s internal XML data storage format, and support for XSL, offers flexibility in generating a variety of formatted data outputs from within BookSmart. For example, personalized booking confirmation email, formatted HTML for web pages, even other XML formats, such as the emerging Open Travel standard, are all as simple as creating an XSL style sheet. The proprietary BookSmart XSL server handles the translation from the internal XML format to the output format specified by the style sheet. XSL support gives complete control and flexibility to the web site designer to specify exactly how data should look on a page. Different style sheets can be applied for different sets of customers on the same web site, providing a fully personalized look and feel. Since XML also provides the basis for many of the emerging wireless standards, the new XSL support will make creating wireless booking applications with BookSmart much easier.

Interwoven & ScreamingMedia Partner

Interwoven, Inc. and ScreamingMedia announced a strategic partnership to bring fresh, customized content to portals and corporate intranets. The real-time content from brand-name providers like the New York Times Syndicate, AP, Sports Network and Medical Tribune, will be aggregated, filtered and streamed by ScreamingMedia’s Siteware into the Interwoven TeamSite content management software, where it can be seamlessly incorporated into a corporate intranet, extranet or Internet site. Web innovators are already taking advantage of the synergy provided by this partnership. Site editors can review the ScreamingMedia live news feeds and pull relevant articles. These articles are then routed through Interwoven workflow and published side-by-side with custom articles submitted by the company’s content contributors. Because news article selection is integrated with in-house content creation, the overall publishing process is streamlined and editorial review time is decreased.

Bluestone Software & Interwoven Team for E-Business

Interwoven, Inc. and Bluestone Software, Inc. announced a strategic alliance in which the two companies will work together to integrate Interwoven TeamSite and Bluestone Total-e-Business. This alliance will allow Bluestone to offer Interwoven TeamSite’s advanced Web content management capabilities to Bluestone customers building e-business solutions. Bluestone Total-e-Business is designed to meet the diverse needs of e-business, putting business experts from operations, sales, marketing, and finance in control of key business functions, while allowing IT professionals to focus on technical performance and security demands. Through its alliance with Interwoven, Bluestone will add the functionality of TeamSite, providing a content management system to this comprehensive e-business solution. TeamSite features, such as templating and workflow, will allow Total-e-Business customers to be more productive and efficient, while features, such as versioning and rollbacks, will give customers a higher level of management and security.,

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