IntraNet Solutions, Inc., announced that the underwriters of its public offering have exercised their option to acquire an additional 552,000 shares of its common stock, including 484,500 shares sold by the Company and 67,500 shares sold by selling shareholders, at a price of $8.00 per share to the public. The managers of the offering were Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, and U.S. Bancorp Piper Jaffray, Inc. The Company plans to use the net proceeds of the offering for working capital and general corporate purposes. www.intranetsol.com
Year: 1999 (Page 57 of 97)
Macromedia, Inc. announced a definitive agreement under which Macromedia will acquire Elemental Software for $24 million in a stock for stock transaction. Elemental’s products Drumbeat 2000 and eStore Builder combined with Macromedia’s products like Dreamweaver and Generator, will enable Web developers to create dynamic Web sites for e-commerce, corporate intranets and personalized content. The addition of the Elemental products to Macromedia’s Web publishing product family provides a standards-based end-to-end solution of software for efficiently creating, producing and maintaining dynamic Web sites that automate the process of linking database information to Web applications with reusable code. In the transaction, Macromedia will exchange approximately 625,000 shares of its stock for all of the outstanding equity of Elemental, for a total purchase price of approximately $24 million. The transaction will be accounted for as a pooling of interests, and is expected to close within 45 days, subject to satisfaction of customary closing conditions and regulatory approvals. Macromedia expects to take a one-time charge of approximately $3.0 million for expenses related to the acquisition in the current quarter. www.macromedia.com
Extensibility Inc. announced the first commercial product for BizTalk Framework schema validation. XML Authority 1.1 will provide import and output support for BizTalk Framework compatible schemas and for the XDR schema format and for the W3C schema specification when it becomes available. It will also provide advanced support for XML namespaces. The test version of XML Authority 1.1 will be made available free of charge to XML Authority 1.0 customers in late July. A special trial version of XML Authority 1.1 will be accessible for download from the BizTalk.org site at www.biztalk.org in August. Using XML Authority 1.1, developers can create and exchange schemas compliant with the BizTalk Framework specifications. XML Authority is $99.95, multiple user x-Packs are available: 5-user, $449.95; 10-user, $849.95; 50-user, $3,995.00. A 10-use trial version may also be downloaded from the Extensibility site. www.extensibility.com
Managed Object Solutions, Inc. (MOS) today released Formula version 1.2. This new release integrates with Tivoli Systems TME/10 NetView, Tivoli Enterprise Console (TEC) and Hewlett-Packard OpenView Network Node Manager, and provides XML support, business-centric views, and centralized automation. Formula makes it easy for service providers and IT departments to manage complex, heterogeneous networks, while allowing them to keep their existing management applications in place. Developed entirely in 100 percent pure Java, Formula integrates data from multiple management applications, and then delivers a secure, customizable enterprise view through any standard Web browser. The new HP and Tivoli adapters add to the list of management systems supported by Formula. All Formula adapters are CORBA-based and bi-directional, providing a greater scope of visibility and tight integration with the underlying platforms. They dynamically learn what the management system knows and therefore require no configuration. Formula’s new XML support simplifies customization of business-centric views. Already capable of providing a universal management console for operations managers, Formula now can take disparate information and organize it on business-centric lines, supplying a specific, valuable view to businesspeople, line-of-business managers and service provider customers. www.mos.cc
Webb Interactive Services, Inc. announced a technology partnership with Switchboard, Inc., focused on bringing Webb’s XML-based community publishing and commerce platform to Switchboard’s network of merchants, users and distribution partners. Switchboard, Inc., a majority-held subsidiary of Banyan Worldwide is a leading Internet directory that represents thousands of merchants nationwide. Webb’s XML-based Internet publishing and advertising platform will strengthen online business/consumer interaction in areas such as offer management and comparison-shopping. This will allow consumers to easily find merchants who best fit their needs, and merchants will be able to interact with targeted consumers more effectively. Switchboard will integrate Webb’s technology into its merchant services on Switchboard.com and through its distribution network. No financial terms of the partnership were disclosed. The partnership with Switchboard is the first deployment of Webb’s e-commerce platform using XML. www.webb.net
OASIS, the Organization for the Advancement of Structured Information Standards, announced the restructuring of its membership requirements, widely expanding access to its XML interoperability technical work. The non-profit consortium, which was previously open only to companies who use or provide products or services based on structured information standards such as XML, SGML and CGM, added new membership categories for individuals and associate XML industry groups. Interested parties may apply for membership online at www.oasis-open.org. OASIS membership levels now include Sponsors, Contributors, Individuals and Associates. Organizations participate in OASIS as either Sponsors or Contributors, based on the level of benefits they wish to receive. Sponsors, who take advantage of comprehensive technical and marketing benefits, support the consortium for 9500 USD annually. Contributors, who also benefit from OASIS marketing and technical work, pay 5000 USD (companies with ten or more employees) or 2500 USD (companies with fewer than ten employees). The new Individual Membership, at 250 USD per year, is offered to those who wish to participate in OASIS technical activities. Like all members, Individuals have the right to attend all OASIS general meetings, and they can fully participate in all working groups. At this level, membership is on an individual basis and is not transferable to other individuals. OASIS supports the development of XML specifications by offering an Associate Membership to individuals representing application or industry standards bodies. Associates, who pay 250 USD annually, are individuals appointed by an industry consortium or standards body (recognized as such by the OASIS Board of Directors) to represent the interests of that body in OASIS. Representatives enjoy the same rights and level of service as Individuals; the difference is that representation is transferable between individuals if the designated contact person for the represented organization gives notice. This allows continuity of participation by an organization even when it is necessary to change designated representatives. www.oasis-open.org
Intergraph Corporation announced its Spatially Enabled Document Management System (SEDMS), a new solution combining geographic information systems (GIS) and document management technology with products from Intergraph, SpatialENTERPRISE and FileNET. These companies have merged their technologies to create a geographically oriented document management solution. Now available, SEDMS is web-enabled allowing a variety of users, such as government and transportation professionals, to quickly and easily access business-critical information on the enterprise network, from an intranet or the Internet. SEDMS is comprised of GeoMedia, Panagon Document Services, and SpatialENTERPRISE. Intergraph’s GeoMedia combines seamless data integration with all major GIS vendor formats and an open development platform for creating custom applications. FileNET’s Panagon Document Services information repository enables document management and can view over 200 file types, offering flexibility and reliability. The SpatialENTERPRISE solution links GeoMedia and Panagon Document Services into an integrated environment. With this new SEDMS solution, document access and map displays can all be conducted from a single window. For example, parcels of land can be associated not only with the usual attributes such as area, valuation and owner name, but also with documents such as permit applications, building photographs and crime statistics. Likewise, bridges can be linked to traditional data such as bridge rating, height and width, and also with information such as inspection reports, design drawings and video logs. www.intergraph.com
OASIS announced that in response to recent announcements including the XML.org industry portal, record numbers of XML users and vendors have joined OASIS, the Organization for the Advancement of Structured Information Standards. In this, its sixth year since being founded as SGML Open, OASIS has seen membership increase 300 percent. New OASIS Sponsor members include Documentum, Interwoven, Microsoft, Object Design, Reuters, and Wavo. IBM, NIST and Synthbank have upgraded their previous membership to Sponsor-level status. Also joining OASIS as Contributor members are Bluestone Software, CourseNet Systems, Extensibility, GE Information Services, Hynet, iMediation, Novell, ProcureNet and Sequoia Software. www.oasis-open.org
