Open Text Corporation announced record revenues and operating profits for its second quarter ended December 31, 1998. Net income, excluding a one-time charge, for the second quarter was US$3.3 million, which is $0.15 per share (diluted) compared to net income of $153,000 or $0.01 per share, excluding a one-time charge, for the year-earlier quarter. The one-time charge of $3.4 million in the second quarter of fiscal 1999 relates to the company’s purchase of certain assets of LAVA Systems. For the twelfth consecutive quarter, Open Text reported the highest quarterly total revenues in the company’s history. Total revenues for the quarter were US$20.8 million up 113 percent from $9.8 million for the year-earlier period. License revenues for the quarter ended December 31, 1998 were $12.9 million, up 90 percent compared to $6.8 million for the second quarter of fiscal 1998. www.opentext.com
Category: Content technology news (Page 623 of 627)
Curated information technology news for content technology, computing, and digital experience professionals. News items are edited to remove hype, unhelpful jargon, iffy statements, and quotes, to create a short summary — mostly limited to 200 words — of the important facts with a link back to a useful source for more information. News items are published using the date of the original source here and in our weekly email newsletter.
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Daniel Green Company initiated a collaborative effort to develop new, open standards for data exchange among footwear suppliers, retailers, web sites, sourcing and distribution. These new standards are intended for use with XML. The working group will include representatives from a broad cross-section of the footwear industry, such as athletic, shoes, boots, women’s fashion, retail and Internet outlets. Initial plans call for the working group to define standard terms and design basic document object models that are expected to have a far-reaching impact on transaction productivity within the footwear industry. Ultimate goals include reduced inventories and waste as well as lower costs and greater variety for consumers. www.danielgreenco.com
Forte Software Inc. has announced XML-based application adapters for SAP R/2 and R/3 and Vantive Enterprise applications, the first in a line called the Forte Adapter Series. The company has also created an EAI business unit and will target its development and process-management tools for EAI tasks. Forte says its development tools are needed to link applications developed in-house. A software development kit specifically designed for integration tasks will be available in about 90 days, according to the company. Forte also said it will resell Iona Technologies’ Orbix middleware for building links to Corba-based software. www.forte.com
Optika Inc., a provider of Web commerce solutions for intranets and extranets, today announced that it has entered into a technology partnership with UWI.Com, a leading provider of secure XML forms solutions for the Internet. Under the agreement, the companies will integrate UWI.Com’s XML InternetForms system with Optika eMedia to enable businesses to engage in electronic commerce with their supply chain over Internet, intranet and extranet sites. The integration will enable companies to build forms accessible through standard browsers, providing capabilities that automate the completion and validation of the forms data. Because UWI.Com InternetForms are built on XML, they also include additional metadata used by Optika eMedia systems to automate form processing. For example, a company can use an InternetForm to order additional materials from a supplier simply by going to an extranet site. The supplier’s system will then automatically start up a workflow for processing the request, based upon order amount, shipment deadline and available inventory. www.optika.com, www.uwi.com.
The W3C has released a test suite for Cascading Style Sheets (CSS). CSS is a widely supported style sheet language that describes how Web documents (e.g., written in HTML or XML) are presented on screen, paper, in speech, etc. The CSS1 Test Suite will help implementors improve CSS1 support in their products and will enable Web page designers to verify the quality of CSS1 support in their browsers. Solid CSS support across a variety of browsers will encourage authors to use style sheets. The test suite consists of nearly 100 pages, each of which documents a section from the CSS specification. Using words and images, the pages describe how the various CSS features should be rendered. www.w3.org/Style/CSS/Test/
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 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
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