XML Global Technologies, Inc. announced that it has signed a letter of intent to acquire all of the intellectual property of VertaPort Inc. The letter of intent also provides for up to a $5 million equity investment into XML Global by The Paradigm Group II, L.L.C., the controlling shareholder of VertaPort, subject to certain conditions. Under the proposed agreement, Paradigm would provide an immediate $2 million equity investment upon closing of the transaction, scheduled for no later than August 15th, 2002. The terms of the acquisition and funding agreement provide for XML Global to issue 7 million common shares in exchange for 100% of the intellectual property rights of VertaPort. Additionally, XML Global will issue 7 million common share warrants exercisable at $0.50 and a further 2.5 million common share warrants exercisable at $1.00 per share to complete the acquisition transaction. www.xmlglobal.com
Vertis announced its latest release of the EnklavTDW content management and publishing system. EnklavVision 1.5 features configurable digital asset management and search and browsing, along with components for project management and ordering of premedia services. EnklavVision was designed to streamline creative production workflows for in-house agencies and other creative units involved in desktop publishing. The Web-based EnklavTDW application family streamlines and manages the process of creating, publishing and distributing marketing communications through interoperable modules. EnklavVision 1.5 serves as an application module for digital asset management, which works with Vertis’ Content Management, Dynamic Publishing and Channel Content Distribution tools. 15 EnklavTDW modules are scheduled for release through 2003.
Starphire Technologies has released a special free version of its SiteSage web site content management software. The SiteSage Personal Edition (PE) is intended for personal non-commercial use. However, businesses can trial the personal edition free for 30 days as a way to test the web-based solution’s content management and ecommerce features. In addition, Starphire is offering special pricing on business versions of SiteSage. Through July 31, the SiteSage Lite Edition (LE) is available for $995 and SiteSage Standard Edition (SE) is available for $3,995. SiteSage LE regularly costs $1,500. SiteSage SE regularly costs $4,900. SiteSage provides small to medium-sized businesses the ability to launch and maintain professional web sites — from simple brochure-type content to ecommerce and search engine services — without requiring HTML proficiency or ongoing support from technical staff. SiteSage 4.0 is entirely server based, with no special client computer requirements other than a web browser and an Internet connection. To receive a free copy of SiteSage PE, visit starphire.com and click on the “demonstration” link. www.starphire.com
Percussion Software announced the immediate availability of Version 2.0 of the Rhythmyx Accelerator for Microsoft Word 2000. The Rhythmyx Accelerator for Microsoft Word V2.0 enables the Rhythmyx Content Manager to inherently support in-line links to other content being managed throughout the system directly from within Word. Contributors using Word as their authoring tool are able to take full advantage of all system content. Drop-down menus in Word for “CMS in-line link” or “CMS in-line image” allow contributors to search for, select and utilize content from anywhere in the Rhythmyx system. And with the newly added feature of “Open from Rhythmyx”, users can edit content entered by other users without leaving Word. With Rhythmyx, contributors always work on the original document rather than a filtered document so edits are not lost and publishers work from an original document while continuing to utilize notes, edits and annotations created by a previous editor or author. Further, “Save to Rhythmyx” directly from Word uploads the original document and the filtered document to the repository, as well as uploading the defined metadata and extracted fields, allowing for management, re-use aggregation, assembly and publishing. Rhythmyx Accelerator For Microsoft Word 2000 Version 2.0 is available immediately. www.percussion.com