Author: NewsShark (Page 746 of 750)

Norwest Venture Partners, a venture capital business partner for emerging growth IT companies, today announced a $3.25 million follow-on investment in Arbortext, the provider of standards-based enterprise software for information creation, editing and publishing. Norwest has invested a total of more than $9 million in Arbortext, and Promod Haque, managing partner with the firm, is a member of Arbortext’s board of directors. This second round of funding, totaling $10.25 million, was led by Invesco and also included an investment by Access Capital. Arbortext plans to use the funding to expand sales and marketing activities. www.arbortext.com, www.norwestvc.com

NetRight Technologies has introduced a Microsoft Outlook integration client for iManage. This new interface enables integration between the iManage document management system (DMS) and Outlook, Microsoft’s messaging and workgroup interface. Using the Outlook client, users can perform many of the familiar Microsoft Outlook tasks on documents stored in the DMS. For example, users can now sort documents based upon their status (checked-in or checked-out), who checked them out, and apply Outlook rules. The expanded search capabilities of DMS are made available through the usual search dialogs. Users can also move mail messages and attachments straight into the DMS without the need for a separate interface or application. The new Outlook client also enables users to e-mail iManage documents as links or attachments. Features of Outlook such as “drag and drop” functionality including importing and exporting are also included in the new client. www.netright.com

NetRight Technologies also announced a partnership with LEXIS-NEXIS, the world’s leading provider of enhanced information services for online, Internet, CD-ROM and hardcopy formats, to integrate document management and online research tools for legal professionals. Users of NetRight’s iManage document management system will now have a “button” from which they can launch the LEXIS-NEXIS on-line research tool directly from iManage. Once information is located in LEXIS-NEXIS it can then be downloaded into iManage. After the document is imported into iManage it can be stored, retrieved and edited. www.netright.com, www.lexis-nexis.com

PC DOCS/Fulcrum, announced the Enterprise Table of Contents (ETOC), a new component to be featured in upcoming versions of the DOCSFulcrum enterprise knowledge management system. ETOC technology allows users to browse a hierarchy of all information available in an enterprise — similar to the table of contents in a book – by employing a neural network-based content analysis technology to automatically classify information from a variety of different sources and repositories. This eliminates the primary difficulty of not knowing precisely what to look for or where in the network to start looking for knowledge that matters to the user. Information is pulled from file systems, Microsoft Exchange, Lotus Notes, databases, document indexes, and other information systems available to DOCSFulcrum. www.pcdocs.com

PC DOCS/Fulcrum also announced the release of KNOWLEDGE Base32, its new “precedent management” business application. An extension to DOCS Open, KNOWLEDGE Base32 (KB32) goes beyond document management technology to give attorneys the ability to create and manage a library of their intellectual assets – documents that hold historical knowledge, legal know-how, or judgements which have set precedents. In the precedent library, these documents are continually stored, reviewed, and approved by people selected from within the firm. www.pcdocs.com

Verity, Inc. and Corel Corp. announced an OEM agreement involving Verity’s HTML Export technology. Corel is embedding Verity HTML Export in its new, knowledge publishing application, code-named NetDocs, which will be included in part of Corel’s upcoming version of WordPerfect Office 2000 Professional. HTML Export is designed to provide conversion of business documents into HTML for Web publishing. Verity HTML Export allows an organization to publish and view documents from a standard Web browser by regenerating files into HTML from their native formats, without requiring an HTML editor or the original application that created them. It is designed to enable Corel users to conveniently convert documents to HTML from within the application’s “save as” feature. www.verity.com, www.corel.com

Documentum announced their revenues and net income for the fourth quarter and year ended December 31, 1998. Revenues for the fourth quarter of 1998 were $36.4 million, a 54 percent increase over revenues of $23.6 million for the same period of 1997. Net income for the fourth quarter increased to $4.2 million compared with net income of $2.8 million reported for the same period of 1997. Earnings per diluted share grew 33 percent to $.24 in the fourth quarter, up from $.18 for the fourth quarter of 1997. For comparative purposes, except where noted, the annual results exclude the effects of a one time charge in the first quarter of 1998 of $2.2 million primarily related to the previously announced acquisition of Workgroup Management, Inc., which closed on January 5, 1998, and a one time charge in the third quarter of 1998 of $34.6 million related to the previously announced acquisition of Relevance Technologies, Inc., which closed on July 16, 1998. For the year ended December 31, 1998, revenues were $123.8 million, a 64 percent increase over revenues of $75.6 million for the same period of 1997. Net income for the year ended December 31, 1998 was $12.9 million, or $.75 per diluted share, up from $7.4 million, or $.49 per diluted share for the same period of 1997. www.documentum.com

World Wide Web Consortium has released the WebCGM Profile as a W3C Recommendation. Developed in close collaboration between W3C and the CGM Open Consortium, the profile reflects cross-industry agreement on an interoperable way to exchange dynamic, hyperlinked Computer Graphics Metafile (CGM) files over the Web. CGM is an ISO standard graphics format widely used in the aerospace, defence, automotive and medical industries, for example in interactive online technical manuals. Members of CGM Open, W3C, or both who contributed include: ArborText, Auto-trol Technologies, Aerospatiale, Bentley Systems, The Boeing Company, CCLRC, Inso Corporation, Intercap Graphics Systems, ITEDO/IsoDraw, Jeppesen Inc, Larson Software Technology, NIST, System Development Inc, Xerox Corporation and Zeh Graphic Systems. The work was also supported by the European Commission’s Esprit Project and undertaken in liaison with ISO/IEC JTC 1/SC24, the ISO working group which developed the CGM specification. www.w3.org, www.cgmopen.org