home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
Newsbytes - Internationa…ews 1983 May to 1994 June
/
Newsbytes - International Computing Industry News 1994 Edition - May 1983 - June 1994 - Wayzata Technologies (5045) (1994).iso
/
pc
/
text
/
mac_text
/
1994
/
jan_feb_94
/
nb020794
< prev
next >
Wrap
Text File
|
1994-02-27
|
96KB
|
2,022 lines
(NEWS)(TRENDS)(LON)(00001)
UK Accounting Firm Alleges 1993 Fraud At Record High 02/07/94
LONDON, ENGLAND, 1994 FEB 7 (NB) -- The amount of money allegedly
stolen, misappropriated or misused in major corporate fraud cases
has risen by 11 percent since 1992 to reach a peak last year, KPMG
Peat Marwick, a London-based accounting consultancy group has
announced.
According to KPMG, the amount covered in fraud charges rose to UKP
704 million n 1993 from UKP 637 million a year earlier, although the
number of major cases going through the courts fell to 53 last year
from 83, the accounting firm said.
KPMG's fraud investigators said that cases involving the Bank of
Credit and Commerce International (BCCI) and the late Robert Maxwell
were what made 1993 a record year for fraud cases.
(Steve Gold/19940207/Press & Public Contact: KPMG Peat Marwick -
Tel: +44-71-236 8000; Fax: 44-71-248 6552)
(NEWS)(BUSINESS)(LON)(00002)
Czech Republic Bank Computerizes Int'l Payments System 02/07/94
PRAGUE, CZECH REPUBLIC, 1994 FEB 7 (NB) -- Banka Bohemia has
installed a Stratus A/R fault tolerant (FT) computer to automate its
international payments system.
The Czech Republic bank claims that, since the computer replaces its
previously manual ticketing and cable/telegram-based systems, its
international payments processing time can be speeded from several
weeks to the international standards offered by Western banks.
The system, which is being sold through Olivetti, a Stratus Computer
dealer in the Czech Republic, is also being used to spot frauds. The
payments software for the computer was developed by Maof
Communications of Israel and, the bank claims, has extensive anti-
fraud modules built into.
Banka Bohemia intends to defray the cost of its computerisation by
selling time on its system to other Czech banks. The bank claims
that, while renting out system time to other banks will reduce the
payback time, the anti-fraud aspect will contribute greatly towards
a speed-up payback.
(Sylvia Dennis & Steve Gold/19940207)
(NEWS)(IBM)(SFO)(00003)
Media Vision Ships Windows Accelerator Board 02/07/94
FREMONT, CALIFORNIA, U.S.A., 1994 FEB 7 (NB) -- With the increase in
use of Microsoft's Windows graphical user environment, users wanting
to optimize PC performance often choose a spatial accelerator board
that plugs into their desktop system and speeds up screen changes.
Now Media Vision says it has begun shipping in volume its Pro
Graphics 1024 Windows accelerator.
According to the company, the Pro Graphics 1024 speeds up the
computer's processing of graphics, text, and video. The board
supports 16.7 million colors.
Announcing the card, Greg Reznick, Media Vision's vice president of
marketing, said: "Accelerated graphics is a basic of the multimedia
equation. But most graphics accelerators make you choose between
resolution or color depth because they don't have the horsepower to
do both at once. This board gives you both."
Media Vision is taking a two tack distribution strategy with the
board, by offering it through both its retail channels as well as to
OEMs (original equipment manufacturers).
According to the company, the Pro Graphics 1024 offers 16.7 million
colors at resolutions up to 1024 by 768, and uses the company's
custom-designed graphics accelerator chips.
The Pro Graphics 1024 is available in both a True Color and a 256-
color version, with the 256-color version being upgradable to True
Color with the addition of video memory chips. Resolutions supported
include VGA and SVGA modes, along with 640 by 480, 800 by 600
pixels, and 1024 by 768 pixels in both 256 colors and 16.7 million
colors.
The board comes is offered in three bus formats for interface to a
386DX-based or higher PC: VL, PCI (Peripheral Component
Interconnect), or ISA (Industry Standard Architecture). Both Windows
3.1 and AutoDesk ADI display drivers are currently shipping with the
product, with display drivers for OS/2 2.1 and Windows NT will be
available "in the near future," according to the company.
Bundled with the Pro Graphics 1024 True Color version is Kai's Power
Tools for Windows Special Edition, which was developed by HSC
Software. The software is designed to allow for the enhancement of
images with special effects.
The Pro Graphics 1024 VESA local bus version is available now at
$595 for the True Color version, and $395 for the 256-color version.
ISA bus versions will be available in the first quarter, with PCI
bus versions available in the second quarter.
The company has been busy with alliances recently. In January,
Newsbytes reported that Media Vision had signed a licensing deal
with the National Academy of Recording Arts and Sciences designed to
produce interactive multimedia entertainment. At the time the two
parties said that they expected the collaboration to result in the
development of CD-ROM titles relating to the music industry's 1994
Grammy Awards.
That was not the only link up for Media Vision in late 1993. In
October, Newsbytes reported that the company signed a deal with
integrated circuit manufacturer Analog Devices to develop "next
generation" multimedia semiconductors for PCs.
At the time, Newsbytes reported that the deal called for Media
Vision to have an exclusive license to use Analog's core DSP
(digital signal processing) technology in the PC sound market for
four years, with the technology being integrated into its 16-bit
audio architecture.
In November, Newsbytes reported that Media Vision licensed
technologies from Spectron Microsystems and Microsoft. Under terms
of the deal, Media Vision licensed Spectron's SPOX operating system
and Microsoft's Windows-based DSP resource manager and DSP
application programming interface (API). According to the company,
the technology simplifies the development of applications software
for use with DSPs.
Most recently, in December, hardware vendor Gateway 2000 said its
sound card will use the Jazz16 chipset from Media Vision.
(Ian Stokell/19940207/Press Contact: Elizabeth Fairchild,
510-252-4472, Media Vision)
(NEWS)(GENERAL)(SFO)(00004)
Banyan Restructures Vines & ENS Pricing 02/07/94
WESTBORO, MASSACHUSETTS, U.S.A., 1994 FEB 7 (NB) -- In the second
announcement involving the company's Enterprise Network Services
(ENS) product in a week, Banyan Systems says that, effective April
1, it will change its pricing and packaging for its Vines network
operating system and ENS for Unix product lines according to how
many users the purchase is intended for.
The company says that its Value Investment Protection (VIP) Plan,
enables customers to upgrade their systems with all product releases
provided free of additional charge on a yearly basis, along with
being "transitioned to a user-based pricing model."
According to the company, the pricing change reflects an industry
trend towards user-based software pricing for client-server
enterprise applications. According to company officials: "The user-
based pricing model provides a scalable, consistent mechanism for
enabling customers to plan and budget for their network deployment
in the most precise yet straightforward way possible."
Under the plan, in 1994, users can receive a "transition upgrade" to
a user count of currently shipping versions of Vines or ENS for SCO
Unix free of charge. Those not already covered by the plan can
subscribe between April 1 and June 30.
Pamela Campagna, Vines product line manager, said: "the main
objective for Banyan is to ensure that we package, price and sell
our products in the manner that is most consistent with our
customers' needs. We believe that the user-based model is the most
equitable and flexible way to accomplish this goal. At the same
time, we also want to make it convenient, during this transition
period, for current customers to take advantage of the new pricing
model and assimilate it into their networks."
The new US listed prices for VINES are: 10-users, $2,995;
50-users, $7,995; 100-users, $9,995; 250-users, $14,995. The
VINES VIP Plan costs: $1,795 for 10-users; $2,795 for 50-users;
$3,195 for 100-users; and $4,995 for 250-users.
Prices for ENS for HP-UX and ENS for HP-UX VIP Plan are,
respectively: 0-users, $4,995 and $1,495; 20-users, $5,495 and
$1,995; 50-users, $8,495 and $2,995; 100-users, $10,995 and
$3,595; 250-users $18,995 and $5,995; 500-users, $28,995
and $8,995; and 1000-users, $54,995 and $17,495.
Prices for ENS for SCO Unix and ENS for SCO Unix VIP Plan
are, respectively: 0-9 users, $1,995 and $995; 10-users, $2,495 and
$1,295; 50-users, $6,995 and $2,295; 100-users, $8,995 and $2,695;
250-users, $13,995 and $4,495; 500-users, $24,995 and $7,495; and
1000-users, $48,995 and $14,695.
This week Newsbytes reported on Banyan and Hewlett-Packard's
announcement of the availability of Banyan's ENS software running on
top of the HP 9000 Series 800 PA-RISC-based Business Servers.
At the time, the companies said that ENS for HP-UX includes DOS,
OS/2, Windows and Unix client support. ENS includes the StreetTalk
III Directory Service and StreetTalk Directory Assistance (STDA),
security, intelligent messaging and network management, along with
file and print sharing capabilities.
(Ian Stokell/19940207/Press Contact: Gary Wolfe, 508-898-1000,
Banyan Systems)
(NEWS)(IBM)(SYD)(00005)
Sybiz Announces Open-Architecture Accounting For Windows 02/07/94
SYDNEY, AUSTRALIA, 1994 FEB 7 (NB) -- Australian accounting software
manufacturer Sybiz claims to have come up with another world first -
- an accounting system that runs under Windows, that users can
customize using readily available development tools.
The new package was developed under Microsoft's FoxPro using an
industry standard xBase database which can be modified by the user.
Resellers and consultants can develop custom software, using popular
tools like Visual Basic, Access and ObjectVision. Sybiz claims that
these custom modules can then be readily and seamlessly integrated
with the Sybiz product.
Announcing the new software, managing director Peter Lucas said: "It
answers the age old problem of making an accounting system fit the
business. Application developers can build vertical market
applications quickly using Sybiz as the accounting core. The only
people likely to be upset by this are our opposition." Full
developer's kits cost AUS$500 (around US$350).
(Paul Zucker/19940207/Contact: Sybiz Software Pty Ltd. tel. +61-2-
954 5211 fax +61-2-954 5240)
(NEWS)(IBM)(SYD)(00006)
Australian News Briefs 02/07/94
SYDNEY, AUSTRALIA, 1994 FEB 4 (NB) -- Here's a roundup of computer
and telecom industry news this week from down under.
[] NEC has announced a swathe of new product releases with notebooks
and desktop PCs, and dot-matrix and laser printers. The AUS$406
Pinwriter P1200 is an entry-level printer aimed at the SOHO market.
The AUS$1803 SilentWriter 640, meanwhile, is a six pages per minute
(ppm) laser for the Mac market. There are also new Energy Star
compliant Desktop PCS and a revamped Versa E series notebooks, now
with integral trackball, faster graphics and bigger hard disks.
[] Australia's leading IBM compatible PC supplier Osborne has done a
deal with AT&T GIS (which was called NCR last until just a few weeks
ago, but not any more) to sell its Pentium-based PC servers. Osborne
only sells direct.
[] Osborne has also launched its "keyboardless" PC -- an OS/2
machine loaded with IBM's Dictation System which allows the PC to
convert spoken text to machine text in real time. A DX2/66 machine
loaded with the speech system and hardware will sell for around
US$7000.
[] Australian modem manufacturer NetComm is shipping its V.Fast
(V.34) modems capable of 19.2, 24 and 28.8 kbps as well as standard
modem speeds. They will sell for around US$1,000. NetComm claims to
be the first modem manufacturer in Australia to have V.Fast products
for sale.
[] Odyssey Development, creator of the ISYS text retrieval system,
has appointed Martin Steinberg as new president of its US office.
Part os his mission is to boost North American sales of ISYS,
including the establishment of a value-added reseller network.
[] IBM Australia has posted an AUS$128M (around US$90M) loss for
1993. Gross income was up to AUS$1.6B from $1.3B in 1992, including
almost $500M in export business.
[] An alleged software piracy case involving a Sydney college has
been settled for a six-figure sum, the Business Software Association
of Australia has announced. The aggrieved software manufacturers
were Lotus, Microsoft and WordPerfect.
(David Frith, Computer Daily News and Paul Zucker/19940207)
(NEWS)(IBM)(SFO)(00007)
Individual Software Unveils Personal Organizer For Windows 02/07/94
PLEASANTON, CALIFORNIA, U.S.A., 1994 FEB 7 (NB) -- Individual
Software, the producers of Professor Multimedia, has released
AnyTime 2.0 for Windows for immediate shipping.
According to Kathleen Turnbull, the company's public relations
director, in a field of complex PIMs (personal information managers)
and personal organizers, Individual Software chose to develop a
broad-based, easy to use organizer that would appeal to a large
audience of Windows users.
"We are targeting mainstream users at home and in business who are
not power users and would like to have an organizer that installs
easily and operates immediately without having to read a lot of
manuals and directions. Our entire focus has been on reaching users
who want an organizer that works intuitively, simple, and fast," she
told Newsbytes.
AnyTime has three main components: a day planner, an address book
and a To-Do-List. To all of these, custom notes and directions can
be added. Once the data has been entered, users may select from a
variety of layout options for printing and presenting professional-
looking documents and labels.
Individual Software has also developed "Quick Glances" as a tool for
viewing and manipulating schedules in a monthly, weekly, daily,
calendar or graphical form. Printing options offer customizable
fonts, borders, headers, footers, shading, and colors and the
ability to output to fit paper-based organizers like Day-Timer, Day-
Runner, Filofaxes and Franklin Planners.
Ready-made layouts include Emergency Contact list, Travel Planner,
Weekend Planner, and Agenda. AnyTime for Windows 2.0 is available in
most of the super stores and software outlets or it can be purchased
direct from Individual Software.
The suggested retail price of the package has been set at $49.95 and
registered AnyTime DOS customers can upgrade for $19.95. AnyTime
requires 2 megabytes (MB) of RAM (Random Access Memory), 3MB of hard
disk space, a VGA or higher graphics display, and Windows running in
386 enhanced mode.
(Patrick McKenna/19940207/Press Contact: Kathleen Turnbull - Tel:
510-734-6767; Fax 510-734-8337)
(NEWS)(IBM)(LON)(00008)
UK - Softklone Readies For Windows '94 Show This Month 02/07/94
LONDON, ENGLAND, 1994 FEB 7 (NB) -- Softklone UK, which claims to be
the exclusive republisher for various communications and software
products in the UK, has announced it will be presenting four
selected items at the Olympia show "Windows 1994" show in London
later this month. The "Windows 1994" show will be held in the Grand
Hall, Olympia, in London on 22-25 February.
According to Lee Wood, Softklone's managing director, the first
product, HDK Version 2, an update to the original HDK Windows help
file system, has been designed to help non-programming users create
Windows Help format files. Wood said that the complex on-line
manuals have replaced the need for expensive, outdated and time-
wasting documentation, adding that package is an extremely powerful
tool for creating Windows help files and the only to fully exploit
the Windows help engine.
Next up for launch at the show is Version 2 of ReportSmith, the
Client/Server reporting and query software. The package is credited
with providing users with the ability to create simple and complex
reports from SQL (structured query language) and PC databases, using
a unique "live data" approach, where users do not need to possess
any programming skills.
This new version, the company claims, simplifies reporting and
querying with support of Microsoft's OLE (object linking and
embedding) 2.0 facilities. Pricing on the package has been set at
UKP 239.
Third new product on Softklone's exhibition stand us a new version
(v2.4) of the company's well-established terminal emulation package.
The package is billed as working with multi-vendor host-systems and
networks. According to Softklone, it now includes support for IBM
3270 and Wyse 60 terminals, plus additional support in a local area
network (LAN) environment for Microsoft's TCP/IP and Cterm under
DECNet.
Last, but not least, is a new version of Show Business, Softklone's
executive information system (EIS). The UKP 495 package, which was
chosen by Lotus Development as the EIS for Lotus Notes, has been
extended by the Show Business Library for Notes.
This facility, the company claims, allows users to monitor the
workflow of their businesses as it takes place in Lotus Notes,
providing the ways of accessing information contained in a selected
Lotus Notes View.
(Steve Gold/19940207/Press & Public Contact: Softklone UK - Tel:
+44-628-819200)
(NEWS)(IBM)(LON)(00009)
Pro Micro Pacific Announces The Computer Condom 02/07/94
LARKSPUR, CALIFORNIA, U.S.A., 1994 FEB 7 (NB) -- Pro Micro-Pacific
has unveiled the "Computer Condom" anti-virus package. Selling for
just $14-95, this unlikely-sounding package is a repackaged budget
version of the company's Thunderbyte anti-virus software.
The repackaging consists of the Thunderbyte Anti-Virus Utilities
(TAVU) suite on a disk wrapped in a XXL-sized latex condom that
Newsbytes notes is far too large for most PC users to use.
TBAV consists of four modules: TBSCAN, TBSCANX, TBCLEAN and TBMON.
According to the company, TBSCAN scans both hard and floppy disks
for known virus signatures and heuristically examines code to
uncover potential unknown viruses. TBSCANX is a memory-resident
scanner that operates continuously.
TBCLEAN's heuristics, the company claims, allow it to remove even
unknown viruses from infected disks. TBMON prevents viruses from
entering memory, remaining resident and altering files.
The basic program, Newsbytes notes, has to be updated by a
registration fee of between $24 and $62, depending on site licensing
conditions, and entitles the user to access extra features of the
package, as well as year's quarterly updates. The software needs DOS
3.3 or later plus 640K to run.
(Sylvia Dennis/19940207/Press & Public Contact: Pro Micro-Pacific -
Tel: 415/924-5121)
(NEWS)(TELECOM)(TOR)(00010)
Newbridge Offers ATM Adapters For PCs 02/07/94
OTTAWA, ONTARIO, CANADA, 1994 FEB 7 (NB) -- Newbridge Microsystems,
a division of Newbridge Networks Corporation, has announced an
asynchronous transfer mode (ATM) adapter for personal computers.
An addition to Newbridge's Openbus line of communications products,
the NM 121 ATM Adapter is meant for PCs running Novell NetWare,
NetWare Lite, DOS, and Microsoft Windows. According to Newbridge, it
is the first ATM network interface card that works with NetWare
servers and PC clients.
The adapter is also compatible with ATM hubs and switches from a
variety of vendors, including Newbridge, Synoptics, and Fore
Systems, officials said.
The device supports throughput as high as 100 megabits per second
(Mbps) over multi-mode fiber, as many as 4,000 permanent virtual
circuits, comprehensive remote management using the Simple Network
Management Protocol (SNMP), and such industry standard protocols as
Transmission Control Protocol/Internet Protocol (TCP/IP) and
Novell's Internetwork Packet Exchange (IPX).
The NM 121 is due to be available in March, and the company said
that prices will be announced then. Officials did not return
telephone calls seeking further comment.
(Grant Buckler/19940207/Press Contact: Jim Marshall or Sandra
Plumley, Newbridge Networks, 613-591-3600)
(NEWS)(TRENDS)(BOS)(00011)
Retail Distribution Up For PCs, Direct Response Down 04/07/94
FRAMINGHAM, MASSACHUSETTS, U.S.A., 1994 FEB 7 (NB) -- PC vendors are
pulling back from direct response sales, but the dealer and reseller
distribution channels remain strong, and retail and mail order
approaches are both on the upswing, according to a new study by
International Data Corporation (IDC).
Retailers now account for about 22 percent of the dollar value of
all US shipments of PCs, and this figure will rise to 25 percent by
1997, the researchers said. The retail category covers computer
superstores and mass merchants as well as consumer electronics and
office supply stores.
The top four PC players -- IBM, Apple, Compaq and Packard-Bell --
maintain a 41 percent share of these retail channels today, but
their collective share will leap to 55 percent by the end of this
year, the survey predicted.
Meanwhile, several top manufacturers -- including IBM, Compaq and
AST -- have been legitimizing mail order distribution, and the
value-added activities of organizations like PCs Compleat and PC
Connection are also helping in this way, IDC reported. For these
reasons, together with "changing user channel expectations," the
researchers project that the mail order channel will move from a
four percent to a six percent channel share by 1997.
The dealer channel will stay the largest for the foreseeable future,
accounting for roughly a 40 percent share, officials added. But even
this channel is changing. IDC expects the Merisel/ComputerLand
acquisition to be followed by others, as companies look for
partnering opportunities to solidify their positions.
Value-added resellers (VARs), another major channel, will continue
to represent 14 percent of PC sales through 1997, according to the
study. Researchers noted that this channel is not dominated by any
one player; no individual VAR accounts for more than a single-digit
market share.
But the strength of the VAR, dealer, retail and mail-order channels
seems to be coming at the expense of the direct channels, the
researchers theorized.
Several major vendors, including Apple and Compaq, are pulling back
from direct response, due to the difficulty of managing channel
conflict and retaining the loyalty of resellers, according to IDC.
IDC expects the channel share for direct-response sales to drop from
17 percent in 1993 to 14 percent in 1997.
(Jacqueline Emigh/19940207/Reader Contact: IDC, 508-872-8200; Press
contact: Mike Ault, IDC, 508-872-8200)
(NEWS)(GENERAL)(BOS)(00012)
"Desktop Channel" Allows Online Purchases Of PC Products 02/07/94
PEABODY, MASSACHUSETTS, U.S.A., 1994 FEB 7 (NB) -- NECX has launched
The Desktop Channel, an online service that lets users shop for,
locate, and receive 24-hour delivery on IBM-compatible and Apple PC
products by dialing an 800 number via modem.
Aimed primarily at business buyers, government agencies and
educational institutions, The Desktop Channel currently stocks more
than 20,000 products for IBM-compatible PCs and Macintoshes, from
over 800 manufacturers, according to Henry Bertolon, president and
co-founder of NECX. These items include hardware, software,
networking products, supplies and accessories.
The new online shopping service provides a user-friendly interface
that is the result of a three-year development effort, Bertolon
added. Users can call 800-808-3375 to request a complementary "key."
Compatible with any PC running MS-DOS, the key provides the
communications software needed to access The Desktop Channel.
Once online, users can search for specific products by entering such
parameters as model name, manufacturer or part name. If users do not
know exactly what they are looking for, they can employ The Desktop
Channel's custom search software to compile a list of products that
meet their buying requirements. Search criteria include price and up
to 50 performance specifications per product type.
To help users make buying decisions, The Desktop Channel also
provides product information that includes product descriptions,
technical specifications, independent reviews, and industry awards,
such as "Product of the Year."
In addition, users can enter online faxback requests for literature
on any of the products carried by The Desktop Channel.
"Shopping online with The Desktop Channel is like walking into a
first-class computer store and having a knowledgeable salesperson
greet you at the door, provide you with informed product
recommendations based on your needs, and immediately process your
order for next-day delivery," said Bertolon.
The Desktop Channel also offers a 30-day "no hassle" return policy
and free technical support for every product sold, according to
Bertolon. Users can buy products either online or by phone.
Purchases may be made with Visa, Master Card or American Express.
Approved customers have the option of paying via purchase order by
establishing a corporate account.
In addition to its online shopping service, The Desktop Channel
operates a fully staffed telephone ordering center. Phone orders can
be placed between 8 am and 8 pm., Eastern Standard Time, Monday
through Friday, and from 9 am to 5 pm on Saturdays.
The Desktop Channel is a new division of NECX, a major distributor
of PC products and integrated circuits. Founded in 1980, the
privately held, Peabody, Massachusetts-based company has 140
employees and generated $150 million in revenues for 1993.
(Jacqueline Emigh/19940207/Reader contact: The Desktop Channel, 800-
808-3375; Press contacts: Brian Marley, The Desktop Channel, 508-
538-8100; Christopher Sampson, WTM for The Desktop Channel, 617-337-
3633)
(NEWS)(GOVT)(WAS)(00013)
NAFTA Customs Information Now Available On BBS 02/07/94
WASHINGTON, DC, U.S.A., 1994 FEB 7 (NB) -- While Vietnam was opened
up to US business yesterday, most companies will be more likely to
want to deal with less-distant countries first and with an eye to
the need for more information about trade matters, the US Customs
Service maintains an electronic bulletin board system (BBS) that
carries everything from the latest Customs regulations related to
NAFTA, the North American Free Trade Agreement, to news of the
latest drug busts.
For more than most people ever wanted to know about US Customs
operations use your modem to call 703-440-6155 (8,N,1 - that is, set
your telecommunications software for 8 bit word, no parity, and one
stop bit). If you can't get through to the 24-hour board, try
calling 703-440-6236 for human help during normal Washington
business hours.
Sign up takes about three minutes because Customs seems to want to
know a lot about you, including the type of telecom software you are
using, or perhaps the system operator (sysop) just doesn't know how
to shut off all of the usual Wildcat! BBS (Mustang Software)
introductory questions.
But there is no discrimination, you can sign up on this board
whether you are one of the exporters, importers, ABI Brokers (what
ever that is) or other commercial enterprises which the board is
designed for, or if you are just a private individual.
NAFTA regulations on the board are compressed in self-extracting
(.EXE) files: N-REGS1.EXE (187 Kilobytes) "NAFTA Regulations" and N-
REGS2.EXE (63 K) "NAFTA Interim Regulations Country of Origin."
Interesting press releases found on the board this morning include:
"Operation Toothpick" Targets Two Organized Crime Rings" which
describes organized crime activities in San Diego's Vietnamese
community; and notice of a seminar on "Impact of Customs
Modernization Act" which will be held in Washington on February 22.
There are a great many trade-related files on this active BBS and
many seem to have been downloaded many times (the average seems to
be about 30 downloads per file - a relatively large number).
This looks like a very useful information source for any company
dealing with imports and exports which must pass through US Customs.
There are even consumer-type files which discuss toy safety and
reports on child pornography.
(John McCormick/19940207/Press Contact: Sue Coppola, U.S. Customs
Service, 703-440-6236)
(NEWS)(TRENDS)(TOR)(00014)
Canadian Industry Grew 3.7 Percent In 1993 - IDC 02/07/94
TORONTO, ONTARIO, CANADA, 1994 FEB 7 (NB) -- Despite further
shrinkage in the large- and medium-scale systems markets, the
Canadian information technology industry grew 3.7 percent overall
in 1993, according to International Data Corp. (Canada).
IDC expects growth to remain stable at about that same rate through
1997. According to the research firm's figures, the industry had
revenues of C$18.32 billion in 1993.
The mainframe computer market continues a slide that has been going
on for several years. In 1993, large-scale systems sales in Canada
shrank 15.8 percent to C$800 million, IDC said.
The decline is expected to continue, but by 1997 IDC expects it will
slow to a rate of about one percent per year. That will be due to
aggressive discounting and cost-cutting among mainframe vendors,
which coupled with new technology such as complementary metal-oxide
semiconductor (CMOS) processors will offer mainframe buyers better
value for their money, IDC predicted. The company also said that
mainframes still have some advantages for central database-intensive
applications and in areas such as data integrity and security.
The medium-scale systems market shrank 14.7 percent in 1993, to
C$990 million, IDC said. The small-scale systems market -- by which
IDC means small multi-user computers but not single-user PCs and
workstations -- grew 2.2 percent to C$700 million.
The single-user system market grew 3.5 percent to C$2,810 million in
1993, and IDC expects it to reach C$3.100 billion by 1997, when it
will account for 50.1 percent of the total hardware market.
Strong growth continued in internetworking products and voice mail.
Telecommunications hardware sales grew 2.8 percent to C$5.75 billion
in 1993, but IDC forecast marginal growth at best for this sector in
the next three years. The reason, the researchers said, is that
Canadian telephone companies are having to tighten their belts as
they absorb the impact of new competition in long-distance service,
and they are cutting capital budgets as a result.
The software and services market showed the strongest growth, with
revenues increasing by 11.6 percent to C$6.48 billion in 1993.
Within this group, the growth leader was packaged software at 16.7
percent.
(Grant Buckler/19940207/Press Contact: Debbie Currey, IDC Canada,
416-369-0033, fax 416-369-0419)
(NEWS)(IBM)(BOS)(00015)
MarketPulse Adds New Features For Target Marketing 02/07/94
CAMBRIDGE, MASSACHUSETTS, U.S.A., 1994 FEB 7 (NB) -- MarketPulse has
added new features to its database marketing software for IBM
mainframes and IBM P/370-workstations.
Used in such industries as insurance, publishing, retail, banking,
and non-profit fundraising, the MarketPulse system is designed to
let organizations build marketing campaigns, profile and segment
customers, track the promotional history of each customer, and
measure the success of direct marketing campaigns. The software
supports both OS/2 and Windows.
MarketPulse Version 1.4 brings several new ways of targeting and
identifying audiences, according to officials. "Marketing
professionals can now more accurately target their customer audience
and reach the most qualified buyers while controlling marketing
program costs," said Tom Lix, company president.
A new "max per value" capability is intended to let organizations
narrow the results of a query, selection plan or direct mail
campaign to create a prioritized and distributed subset of records.
To help control marketing costs, the feature lets the user specify a
maximum of records to be selected or counted for each household,
company or business.
A new summary file extraction capability in Version 1.4 is aimed at
letting the user extract and print out summary information for
groups of records on a single line and in a single step.
A "cross tab ranges" feature offers a new method of filtering out
excess information for a cross tabulation report. Instead of using
each distinct value of a field for a separate row or column, the
user can now specify ranges of values to be used for rows or columns
of the cross tab, according to MarketPulse.
Also new in Version 1.4 is the ability to create "3-D cross tab
reports," which add a context-dimension to the rows and columns in
cross-tab reports.
Available now, MarketPulse 1.4 is priced starting at $75,000.
Headquartered in Cambridge, Massachusetts, MarketPulse has
international operations in both the UK and Canada.
(Jacqueline Emigh/19940207/Reader contact: MarketPulse, 617-868-
6220; Press contacts: Victoria Winston, MarketPulse, 617-868-6220;
Carol McGarry or Shirley Macbeth, Schwartz Communications for
MarketPulse, 617-431-0770)
(NEWS)(GENERAL)(BOS)(00016)
Bull And Novadyne Form Three-Year Strategic Pact 02/07/94
BILLERICA, MASSACHUSETTS, U.S.A., 1994 FEB 7 (NB) -- Bull and
Novadyne have entered into a three-year strategic alliance with
terms that allow each company to offer a combined services package
to existing and prospective customers.
The pact permits Novadyne to act as the prime contractor,
immediately delivering a full range of local area network (LAN) and
desktop services to customers. Similarly, Bull can now offer its
customers Novadyne hardware and software services on DEC, Sun, and
Tandem products. These services combine to broaden overall services
capabilities, but they do not overlap, officials said.
The new relationship between Bull and Novadyne is expected to bring
immediate networking capabilities in these environments: Novell
NetWare, Microsoft LAN Manager, Microsoft Windows for WorkGroups,
3COM, Apple Share, Apple Talk, Proteon, transmission control
protocol/internet protocol (TCP/IP), and IBM System Network
Architecture (SNA).
"Novadyne has the ability to deliver a complete LAN service to
corporate accounts nationwide. We are extremely pleased with our
relationship with Bull," said Novadyne CEO Robert B. Laurence.
Commenting on the pact, Dick Suech, executive VP of Bull's Customer
Services Organization (CSO): "Novadyne's expertise and commitment
were key factors for us in the formation of this strategic
partnership. More importantly, we felt we shared the same vision of
the service industry; we see the same trends and opportunities. That
should allow us to add value to each other's businesses."
Bull's CSO provides integrated service solutions for open systems
and proprietary environments, according to the company. CSO is a
division of Bull HN Information Systems Incorporated, Billerica,
Massachusetts, which is part of Groupe Bull, a worldwide computer
company with presence in more than 100 companies and combined
revenues of about $5.7 billion.
Santa Ana, California-based Novadyne Computer Systems Incorporated
was founded in June, 1990 in a management buy-out of McDonnell
Douglas Field Service Company. Today Novadyne is a nationwide
reseller of computer system management products, and also provides
system management services, including provisioning, maintenance and
support of multivendor hardware, software, networks and peripherals.
(Jacqueline Emigh/19940207/Reader contacts: Bull HN Information
Systems, 508-294-6602; Novadyne Computer Systems: 714-566-2000;
Press contacts: Bruce MacDonald, Bull HN Information Systems, 508-
294-6602; Pat Dwight, Novadyne, 714-566-3717)
(NEWS)(IBM)(DEN)(00017)
****Compaq Intros Subnotebook Computer 02/07/94
HOUSTON, TEXAS, U.S.A., 1994 FEB 7 (NB) -- Compaq Computer
Corporation has announced its first entry into the subnotebook
computer market.
Compaq says the Contura Aero will be available in monochrome and
color versions. The monochrome Aero weighs 3.5 pounds, has a backlit
screen, and will run for about four hours on the standard battery.
The color system comes with a larger battery which is expected to
provide about the same life between charges for that unit. The
monochrome system can run up to six hours on the battery that ships
with the color system.
Compaq spokesperson John Sweney told Newsbytes that the battery
compartments in both units are the same size. Monochrome users who
elect to use the shorter-life and less expensive battery install a
spacer in the battery compartment. The color Aero weighs 4.2 pounds.
The Aero is available in models powered by an Intel Corporation
486SX 25 megahertz or 33 megahertz microprocessor. The standard
configuration is with four megabytes, but memory can be expanded to
12 megabytes. Hard drives from 84 to 250 megabytes are available.
The Aero has one PCMCIA slot for a credit-card sized accessory card
that provides peripherals such as a modem or network interface card.
An optional floppy disk can be attached through the PCMCIA slot. The
PCMCIA card can be changed while the machine is running, and the
Aero will automatically reconfigure for the new card. Both models
will ship with DOS 6, Microsoft Windows 3.1, Lotus Organizer and
Compaq's Tabworks user interface installed. The Aero sold through
retail outlets will also be equipped with Microsoft Works for
Windows and the Microsoft Entertainment Pack.
Compaq no longer announces suggested retail pricing for its
computers but Sweney told Newsbytes the monochrome version of Aero
will probably sell for about $1,399, while the color model should be
available for just under $2,200. The mono model is immediately
available, and the color unit is scheduled to ship in March 1994.
(Jim Mallory/19940207/Press contact: John Sweney, Compaq Computer
Corporation, 713-374-1564; Reader contact: Compaq Computer, 713-374-
1459 or 800-345-1518/PHOTO)
(NEWS)(GENERAL)(TOR)(00018)
Canadian Product Launch Update 02/07/94
TORONTO, ONTARIO, CANADA, 1994 FEB 5 (NB) -- This regular feature,
appearing every Monday or Tuesday, provides further details for the
Canadian market on announcements by international companies that
Newsbytes has already covered.
This week: Apple's Macintosh LC 575, ClarisImpact and ClarisWorks
2.1 for the Macintosh, more memory on Hewlett-Packard's 100LX
palmtop PC, new storage products for IBM's midrange AS/400 systems,
Lotus 1-2-3 Release 4 for Windows Multimedia Edition, Sun's SunPro
Workshop, and Toshiba's new T1910 notebooks.
Markham, Ontario-based Apple Canada unveiled the Macintosh LC 575
(Newsbytes, Feb. 2), which the company said is its most powerful
all-in-one computer. Canadian pricing for the LC 575 is to start at
less than C$2,500, Apple Canada said.
Claris Canada, of Toronto, announced ClarisWorks 2.1 for the Apple
Computer Inc. Macintosh (Newsbytes, Feb. 3) and began shipping its
ClarisImpact graphics software for the Mac.
ClarisWorks 2.1 is due to be available in Canada in mid-February,
with a suggested retail price of C$349. Upgrades are available from
Claris at 800-361-6075.
ClarisImpact for the Macintosh is now shipping, with a list price of
C$499. Registered owners of Claris' MacDraw Pro can buy it for
C$124, those who bought MacDraw Pro after June 1, 1993, can get it
for C$64, and registered owners of MacDraw II, ClarisWorks, or
comparable competitive graphics packages can buy ClarisImpact for
C$124.
Hewlett-Packard (Canada) of Mississauga, Ontario, said it has
doubled the memory of its HP 100LX palmtop PC to two megabytes (MB)
(Newsbytes, Feb. 3), and cut the price of the 1MB version to C$780.
The two-MB version sells for C$1,064.
IBM Canada in Markham, Ontario, announced several new storage
products for its AS/400 line of midrange computers (Newsbytes, Feb.
3). They include additions to the 3995 Optical Library Dataserver
line as well as new models in the 3490 Magnetic Tape Subsystem line.
IBM's two new tape units, the tabletop E01 and the rack-mount E11,
are both due to be available March 25 at a list price of C$35,650,
IBM Canada said.
The Optical Library Dataserver Models A43, 043, and 143 will be
available June 24 for C$18,030, C$42,920, and C$105,650
respectively. The multifunction Models A23, 023, and 123 are to be
available May 27, at C$21,780, C$53,610, and C$133,350. Conversions
from current models 021, 022, 121, and 122 to the new 023 and 123
models will be available July 29 at prices ranging from C$20,570 to
C$49,550.
Lotus Development Canada of Toronto, began shipping 1-2-3 Release 4
for Windows Multimedia Edition (Newsbytes, Feb. 2), a multimedia
version of its spreadsheet software. Due to be widely available by
February 11, the software has a Canadian list price of C$599, and
upgrades from all other releases of 1-2-3 and competitive
spreadsheets are C$159.
Sun Microsystems of Canada, in Markham, Ontario, announced the
SunPro Workshop suite of development tools for client/server Unix
systems (Newsbytes, Jan. 26). SunPro Workshop for C, C++, and
FORTRAN are available now for Solaris 2.2 or later. List prices are
C$3,295 for the C version, C$4,495 for the C++ version, and C$4,795
for the FORTRAN version. All these prices are for a single-user
license, the company said.
Toshiba of Canada announced the new T1910 series of notebook
computers (Newsbytes, Jan. 31). The Markham, Ontario company said it
will begin shipment of the three new models immediately. List prices
are C$2,449 for the monochrome T1910/120, C$2,799 for the monochrome
T1910/200, and C$3,599 for the color-display T1910CS.
(Grant Buckler/19940207/Press Contact: Franca Miraglia, Apple
Canada, 416-513-5511; Joan Wilson, Claris Canada, 416-941-9611;
Martha Terdik, Hewlett-Packard Canada, 905-206-3311, fax 905-206-
4739; Jane Bargout, IBM Canada, 905-316-2262; Marsha Connor, Lotus
Canada, 416-364-8000; Michael Douglas, Sun Canada, 905-477-6745;
Barbara Minor, Toshiba Canada, 905-470-3478 ext. 252, fax 905-470-
3479; Public Contact: Apple Canada, 905-477-5800; Claris Canada,
800-361-6077; Hewlett-Packard Canada, 905-206-4725; IBM Canada, 905-
296-8888; Lotus Canada, 800-GO-LOTUS)
(NEWS)(GENERAL)(WAS)(00019)
ProPhone CD-ROM for European Phones 02/07/94
WASHINGTON, DC, U.S.A., 1994 FEB 7 (NB) -- Fresh from shaking up the
US mailing list industry with the introduction of their inexpensive
business address and phone CD-ROMs that are used to generate custom
mailing lists, Marblehead, Massachusetts-based ProCD has announced
plans to provide similar CD-ROMs for the European mail-advertising
market.
Europages, the first European ProPhone CD-ROM developed by ProCD
carries a business directory with listings for more than 150,000
companies in 16 countries.
Using more than 6,000 key words a company using Europages can select
a custom list, export it, and even choose from a selection of sales
or inquiry letters which have been translated into European
languages and published on the disc. These local-language letters
can be mail-merged with mailing lists generated from the files on
the disc.
Even at the extremely low $49 (U.S.) price, this disc does not
require any additional fees to use the information it contains --
that is, as with the ProPhone directories for U.S. businesses, and
unlike the more expensive lists published by some other companies,
the information included on a ProCD disc is not subject to usage
limitations or additional charges after a certain number of names
are exported.
These CD-ROMs can be used to produce mailing/phone sales lists, or
just as a substitute for the per-call directory assistance.
Euredit, SA in Paris is the compiler and European distributor for
Europages and, according to Jim Bryant, owner of ProCD, the company
sets its own price so the same disc costs $300 US in Europe - still
quite a bargain.
The European directory contains complete company name, one or
more key words to help users locate just the company they want,
phone number, along with complete street address and mailing
code.
Asked about competition from traditional mailing list companies
Mr. Bryant told Newsbytes that he has been the target of a number
of nuisance suits claiming unfair competition but points out that
what he has done is produce a good product at a reasonable price.
"All we've done is empower the end user to access information,"
Mr. Bryant told this bureau and then pointed out that his earlier
product covering U.S. white pages costs only a couple of hundred
dollars but offers the same information that Nynex charges
$29,000 for and even this is down from the earlier $65,000 cost
which was in effect before ProCD entered this market.
Newsbytes expects to carry a complete review of several new
ProPhone products in the near future.
(John McCormick/19940207/Press Contact: Jim Bryant, ProCD, 617-
631-9200)
(NEWS)(GENERAL)(SFO)(00020)
NewsPix Images For Newsbytes Publishers 02/07/94
MINNEAPOLIS, MINNESOTA, U.S.A., 1994 FEB 7 (NB) -- These are the
photos that have been digitized and correspond to stories Newsbytes
has reported recently. These photos are not available to the general
public, but are designed for use by licensed Newsbytes publishers
who log into our private bulletin board system in Minneapolis. For
information on how to become a licensed Newsbytes publisher in any
medium call Newsbytes at 612-430-1100.
Newspix weekly summaries will appear Mondays on the Newsbytes wire. All
photos are in JPEG format. Photo file names correspond to
year-month-day-story number-brief name of picture contents.
---------------------------
Week of February 7-11, 1994
---------------------------
94012715ATIGWondr - Color from slide: view of ATI Technologies windows
accelerator card and product box.
94020428MTouch - B&W shot of TruePoint DS-17 flat square touch
monitor. With hand coming off frame to touch screen.
94012118CLIRad - Color of desk setup showcasing Compression Labs Inc new
Radiance videoconferencing system. Product and people shot.
94011423gore - Head and shoulders portrait vice president Al Gore, (b&w).
94010708sumer - Color from slide. Wide shot of Sumerian
ziggurat courtesy Sumeria, producers of the CD-ROM Ancient Cities images of
historical sites.
94011019nagel - David Nagel, senior vice president and
general manager of Apple's AppleSoft Div. Color from slide.
94011310gryph - Gryphon software in action, Mona Lisa
morphs into wacky grin. Color from slide.
93111611spindl - Michael Spindler, Apple's president and
chief executive officer (CEO). Color from slide.
94011207mosc - Very wide angle, almost fish eye, shot of
Moscone center, site of recent Macworld Expo. Color from slide.
94010428Eworld - View of E-world, Apple's coming online
service, screen.
94011423LaTime - Color group shot of Pacific Telesis and
Times Mirror execs signing agreement for the creation of "the home-shopping
lane of the communications superhighway." Includes Richard T. Schlosberg
III, publisher & CEO of the LA Times; Hal Logan, general manager of the
Pacific Telesis Electronic Publishing Services; Robert F. Erburu, chairman,
president and CEO of Times Mirror; Lee Camp, president of Pacific Telesis
Electronic Publishing Services and VP of Pacific Bell.
93111613bastien - B&W portrait of Gaston Bastiaens,
general manager for the P.I.E. division of Apple Computer.
94010608SirSp - B&W shot of Sir Speedy franchisee at
workstation with Team CD.
94011321philip - B&W of fullmotion video cartridge and
box. Cartridge is being inserted in back of CDI unit with Maganavox monitor
in background.
9401008citiz - B&W product shot of new lightweight Citizen
printer.
(Newsbytes/19940207)
(NEWS)(TELECOM)(TOR)(00021)
Bell Canada To Kill Alex Videotex Service 02/07/94
OTTAWA, ONTARIO, CANADA, 1994 FEB 7 (NB) -- The Alex videotex
service, which showed early signs of being a big success when
launched as a market trial in 1989, has turned into a failure and is
expected to shut down by summer.
Bell Canada, which operates Alex in Montreal and Toronto, has
applied to the Canadian Radio-television and Telecommunications
Commission (CRTC) for permission to close it, company spokeswoman
Ruth Foster told Newsbytes. Bell asked to shut the service down as
of March 31, but is not expecting a ruling from the regulators until
some time in the second quarter, Foster said, so Alex is likely to
operate until some time in the second or third quarter.
Bell began the service as a videotex trial in Montreal at the
beginning of 1989. By June of that year, about 22,000 users had
signed up, and that September Bell announced it would turn Alex into
a commercial service and extend it to Toronto. Tentative plans to
offer it in Ottawa and Quebec City were also discussed.
But as early as the beginning of 1990, the cracks began to show.
There were reports subscribers were cancelling the service. Bell
denied these reports, but provided no hard numbers to substantiate
its denials, having stopped publishing subscriber numbers late in
1989.
Foster said Bell puts some of the blame on the economic recession
that set in just about the time Alex was launched. All services on
Alex are discretionary -- that is, subscribers could get the same
thing another way -- and financially pressed consumers decided they
could do without the service, she said.
The collapse of this service does not necessarily mean there is no
future for videotex, Foster said. Bell learned a good deal from the
Alex project and will use that knowledge in future offerings, she
claimed.
(Grant Buckler/19940207/Press Contact: Ruth Foster, Bell Canada,
613-781-3768)
(NEWS)(GOVT)(WAS)(00022)
Administration Continues Support For Weak Encryption 02/07/94
WASHINGTON, DC, U.S.A., 1994 FEBRUARY 7 (NB) -- Despite fierce
complaints from the computer industry and civil liberties groups,
the Clinton Administration has re-affirmed support for the National
Security Agency's (NSA) requested restrictions on encryption
technology. The Super Secret NSA is charged with breaking codes and
producing unbreakable codes for the use of US military and
intelligence communities.
After nearly a year-long study, the US Department of Commerce has
announced that there will be no change in the government policy
which bans export of any encryption software which can't be broken
by the NSA.
The NIST (National Institute of Standards and Technology), a
division of the Dept. of Commerce, works with the NSA in developing
and testing encryption systems and establishing standards for
government and US commercial use of encryption.
This means that the Clinton Administration will continue to support
the use of the "clipper" chip, an NSA-developed encryption device
and system which can be broken by the NSA. The clipper is intended
to be used as a real-time encryption system for telecommunications
and its use will allow the government to break encrypted messages
relatively easily.
There are two major objections to this system: first, if the NSA can
break the code with relative ease, companies worry that some hacker
or foreign power may learn how to do the same thing; second, civil
liberties groups object to any encryption scheme which can easily be
broken by the government.
In addition, the Washington Post reported on February 5 that the
Administration would also endorse a proposed FBI (Federal Bureau of
Investigation) requirement that US telecommunications companies be
required to make certain that law enforcement agencies could easily
tap telephone and computer lines.
Unsurprisingly, the law enforcement community says that it needs
such access to protect against criminal and terrorist activities
while civil libertarians protest that even given clear warnings of
such things as expected airplane bombings the FBI has failed to
prevent them.
Another objection from US computer and telecommunications firms is
that, if they are required to use the government-provided clipper
technology, no foreign corporation or government in their right
minds would adopt the products - thus hurting exports.
Newsbytes understands that a court order would be required to access
encrypted messages through the keys which will be held by NIST and
the Treasury Department (the agency controlling Bureau of Alcohol,
Tobacco, and Firearms and the Secret Service, which supervises
protection of the president and combats currency-related crimes) but
some people point out that a message recorded today could sit for
years in computer records and be decrypted in the future when it is
possible that the climate for issuing wire-tap orders could be much
looser.
At the same time that it endorsed the use of the clipper encryption
device and said that it would oppose exporting non-breakable
encryption technology, the Clinton Administration loosened the
paperwork requirements involved in exporting encryption technology.
(John McCormick/19940207)
(NEWS)(BUSINESS)(TOR)(00023)
SoftKey, WordStar, Spinnaker Complete Merger 02/07/94
CAMBRIDGE, MASSACHUSETTS, U.S.A., 1994 FEB 7 (NB) -- SoftKey
Software Products, of Toronto, WordStar International of Novato,
California, and Spinnaker Software Corp. of Cambridge have formally
completed their three-way merger.
The result of the deal is a parent company called SoftKey
International Inc., headed by former SoftKey executives but based in
Cambridge. The new SoftKey International is essentially the old
WordStar, with the old Spinnaker and SoftKey Software Products as
subsidiaries.
Michael Perik, former chairman and chief executive of SoftKey, will
take the same titles at the merged company. SoftKey President Kevin
O'Leary will also carry over his title to SoftKey International.
David Seuss, who was president of Spinnaker, left the company
recently. He had earlier been slated to be president of the merged
firm, with O'Leary taking over the chairman's title from Perik.
Ron Posner, who was chairman and chief executive of WordStar, and
Yoav Stern, who was the California firm's president and chief
operating officer, will remain on the SoftKey board.
Since all three companies have been consolidating in recent months,
no further staff cuts are expected to follow the merger, company
spokeswoman Penelope Lamers told Newsbytes.
The firm will several lines of software products. The SoftKey
Premium line will include WordStar's namesake word processing
software, Calendar Creator Plus, the American Heritage Dictionary on
compact disk read-only memory (CD-ROM) and others. SoftKey's Key
line of small- and home-office titles will continue. The company
will also have Easy Working and Titanium Seal lines of software.
The merger involves a reverse stock split under which 10 WordStar
shares will become one share in SoftKey International.
(Grant Buckler/19940207/Press Contact: Penelope Lamers, SoftKey
International, 617-494-1200 ext. 584, fax 617-577-7903)
(NEWS)(TELECOM)(ATL)(00024)
****Sculley Quits At Spectrum 02/07/94
MANHASSET, NEW YORK, U.S.A., 1994 FEB 7 (NB) -- Less than two weeks
after saying he had no plans to leave, former Apple Computer
chairman John Sculley has abruptly quit as head of Spectrum
Information Technologies.
And he didn't just quit, either. According to a report on the CNBC
cable network, Sculley charged he wasn't given timely knowledge of
Securities and Exchange Commission investigations into the company,
and sued Spectrum president Peter Caserta.
According to CNBC columnist Dan Dorfman, that suit asks damages of
$10 million. Sculley also said he would not exercise stock options
which were part of an employment contract he signed last October.
Reports at the time indicated that options were the major part of
his compensation and were worth up to $20 million.
On January 26, Newsbytes received a press statement from Spectrum
saying Sculley had no plans to leave. At the time, Sculley
reportedly told Dorfman he instead planned to move the company's
head offices to Manhattan, nearer his home in Greenwich,
Connecticut, and that his wife had come up with a new name for the
company -- SpecTel. Some joked after that announcement the name
should be "spectral," and that humor proved on-the-mark.
Sculley's decision comes at a time when some felt he was turning a
corner with Spectrum. Caserta and other insiders apparently sold out
their interests in the company soon after Sculley was hired.
Combined with an ongoing investigation of Caserta's activities in
May, when he made an apparently false claim on the value of a
license deal with AT&T, Sculley appeared to have the credibility and
leverage to take complete control of the company. But he apparently
decided over the weekend it wasn't worth the trouble.
While at Spectrum, Sculley worked hard to change the company's image
from that of a litigious patent holder to a product company. He
settled patent litigation Caserta had filed against Microcom and
Data Race, as well as a shareholders' suit filed in the wake of the
AT&T license announcement.
Efforts to release Sculley or Spectrum for details on the decision
were unsuccessful. The stock fell hard on the news, falling over $3
per share to a little over $2. It recovered by mid-day to a little
over $2.50. Twice in the last year, specifically at the time of the
AT&T press release and Sculley's hiring, the stock traded as high as
$12.
In his report on the Sculley decision, Dorfman said sources have
predicted more stockholder and class action suits. Spectrum's
patents may also be suspect. Motorola has yet to license them and in
the past spokesmen for that company have assured Newsbytes their
cellular phone-modem connectors and error-correction schemes do not
infringe on Spectrum's patents.
(Dana Blankenhorn/19940207/Press Contact: John Henderson, for
Spectrum, 212-489-6900; Dae Chang, Spectrum, 516-627-8992)
(NEWS)(BUSINESS)(SFO)(00025)
Banyan Systems Acquires Beyond, Posts 1993 Income 02/07/94
WESTBORO, MASSACHUSETTS, U.S.A., 1994 FEB 7 (NB) -- Networking
software company, Banyan Systems, has entered into a definitive
agreement to acquire the stock of Beyond. At the same time, the
company has reported that net income for its full year ended
December 31, 1993, was $12,962,000, a 57 percent increase over its
1992 net income of $8,234,000.
Newsbytes notes that Banyan markets the VINES network operating
system which competes mainly with Novell's NetWare for market
share.
Under terms of the deal, Banyan will acquire the outstanding stock
of privately held Beyond, an enterprise-wide electronic messaging
vendor, for $17.5 million in cash. The companies expect the
acquisition to be completed during the first quarter of 1994 and
will be accounted for as a purchase.
According to Banyan, a "substantial portion of the acquisition
costs will be allocated to purchased research and development and
could result in a one-time-after-tax charge against earnings of
approximately $11 million."
In announcing the deal, David C. Mahoney, Banyan's chairman and
chief executive officer, said: "Banyan's enterprise network services
infastructure, coupled with beyond's products, will enable Banyan to
deliver significant new enterprise capabilities to customers. Our
goal is the delivery of 'best-in-class' enterprise network services,
including products to enable our customers to build messaging into
their networks as a platform for a new breed of mail-enabled
solutions."
Banyan plans to "further integrate" its Intelligent Messaging
technology with Beyond's products to "provide a complete messaging
solution for corporate customers to link many different types of
computers."
Banyan's financial results are up from 1992. According to the
company, net income per share was 70 cents in 1993 compared to 50
cents per share in 1992. Revenues for the year were $127.8 million
compared with $113.5 million in 1992.
Said Mahoney: "Compared to the full year 1992, we have seen a 25
percent increase in software revenues to $94.2 million, and a 26
percent increase in support and training revenues to $18.6 million
in 1993. As we expected, hardware revenues declined 36 percent to
$15 million in 1993."
Revenues from the company's North American business increased to
$107.1 million in 1993 from $91.2 million in 1992. North American
software revenues increased 33 percent to $77.2 million this year,
and 1993 international revenues were $20.7 million compared with
$22.3 million in the prior year. The company said that, international
software revenues were "essentially flat" at $17 million.
However, the company plans to increase its field sales and support
staffing by more than 20 percent in 1994, with particular emphasis
on growing its international operations.
For the fourth quarter of 1993, Banyan's revenues totaled $32.8
million, compared to $30.6 million in the same period a year ago.
Net income increased to $3,217,000, or 17 cents per share in the
quarter, as compared to $2,924,000, or 16 cents per share, in the
fourth quarter of 1992. The fourth quarter of 1993 includes a charge
of $800,000 for "severance costs related to the elimination of
certain staff positions."
Banyan has also announced that its board of directors has authorized
the company to repurchase up to one million shares of its common
stock "from time to time, in open market transactions." According to
the company, the stock repurchase will be used to "acquire shares
for use in the company's Incentive Stock Option and Employee Stock
Purchase Plans, and similar corporate purposes."
As reported elsewhere by Newsbytes, effective April 1, Banyan
will change its pricing and packaging for the Vines and ENS for
Unix product lines according to how many users the purchase is
intended for.
(Ian Stokell/19940207/Press Contact: Siobhan Carroll,
508-898-1000, Banyan Systems)
(NEWS)(TELECOM)(ATL)(00026)
****CERT Issues Warning of Internet Trojan Horse 02/08/94
PITTSBURGH, PENNSYLVANIA, U.S.A., 1994 FEB 7 (NB) -- The Computer
Emergency Response Team (CERT), a federally-funded group based at
Carnegie Mellon University, has issued a series of statements
warning of an intruder alert on the Internet, and sent detailed
messages on the problem to operators of systems linked to it.
A message from CERT, sent late on February 3, indicated that
intruders have captured access data for several thousands of
systems. The method is said to be a "Trojan Horse," a program which
appears innocuous but and works its damage clandestinely. In this
case, the program appears to have been capturing access codes, a
technique known as "sniffing" in hacker/security circles. CERT is
funded by the Advanced Research Projects Administration, or ARPA, an
arm of the Department of Defense.
According to a CERT statement sent to Newsbytes, "Internet systems
that allow remote access via remote login, anonymous file transfer
protocol or remote ftp, and telnet protocols are at high risk of
compromise. Internet system administrators and users were urged to
change their passwords immediately, and adopt stronger
authentication technology now available to the Internet community. A
complete advisory, itself available through remote ftp, is at
info.cert.org, and additional information can be obtained on
comp.security.announce.
A copy of the February 3 advisory, also obtained by Newsbytes, notes
that reports of intruders monitoring network traffic had increased
dramatically in the previous week. It added that all sites with
systems supporting the /dec/nit interface, mainly Sun OS 4.x and
Solbourne systems, specifically should disable this feature if it is
not used and attempt to prevent unauthorized access if the feature
is necessary. The advisory described a method for doing this, as
well as a method for determining whether the intruders' programs are
running on each system. It added that the best long-term solution is
to reduce or eliminate the transmission of reusable passwords in
clear-text over the network.
The advisory said that root-compromised systems supporting a
promiscuous network interface are being used by intruders to collect
host and user authentication information visible on the network.
Intruders use an unpatched vulnerability the advisory gives
directions for patching, then run a network monitoring tool that
captures up to 128 keystrokes on all newly opened ftp, telnet and
rlogin sessions within the domain, with a Trojan Horse program
installed to support subsequent intruder log-ins and hide the
monitoring program. All connected network sites that use the network
to access remote systems are at risk, the advisory adds.
System administrators can become part of the CERT advisory mailing
list by sending a request to cert-advisory-request@cert.org,
including complete contact information as well as a telephone
number.
The FBI is reportedly also investigating the break-ins. The news
comes just as the government is passing a series of electronic
"keys" to the Department of the Treasury and National Institute of
Standards and Technology aimed at implementing its new chip-based
wiretapping strategy for digital networks.
That strategy has been widely criticized by privacy advocates, and
the government emphasizes it is a voluntary system. The White House
says it will allow the export of devices containing the new
scrambling technology, dubbed a "Clipper chip" by some, and industry
spokesmen expressed disappointment, since they wanted to export
equipment with other encryption devices, and software buyers are
demanding such Fed-proof encryption features.
(Dana Blankenhorn/19940207/Press Contact: Terry McGillen, CERT,
412-268-7394; Sysop Hotline: 312-268-7090; e-mail: cert@cert.org)
(NEWS)(GENERAL)(BOS)(00027)
Cabletron Intros Smart Switching Hub For Today And Future 02/07/94
NEWTON, MASSACHUSETTS, U.S.A., 1994 FEB 7 (NB) -- Cabletron has
unveiled the Multi Media Access Center (MMAC)-Plus, an intelligent
switching hub aimed at giving today's network users the high
bandwidth needed for new applications like multimedia, while also
allowing migration to the even higher bandwidth that will come when
asychronous transfer mode (ATM) arrives as a commercial reality.
MMAC-Plus will supply super-fast aggregate switching performance of
nine gigabytes-per-second (Gbps), without requiring users to abandon
their investments in existing local area network (LAN) technologies
such as Ethernet, token ring and fiber distributed data interface
(FDDI), officials said at a press conference attended by Newsbytes
in Newton, Massachusetts.
Slated to start shipping in May, the 14-slot switching hub will also
allow immediate uplinks to outside ATM switches, noted MikeSkubisz,
director of product marketing for Rochester, New Hampshire-based
Cabletron.
In the first half of 1996, Cabletron plans to release the Cell
Transfer Matrix (CTM), a backplane component that will permit the
hub itself to be configured as an ATM backbone switch, with a
switching capacity of more than 60 Gbps, he said.
In addition to high bandwidth and a clear migration path to ATM,
MMAC-Plus will also provide high price/performance, integrated
routing, fault-tolerant operation for "zero downtime," and backward
compatibility to other Cabletron hubs, the five executives told
hundreds of journalists in the conference room at the Newton
Marriott Hotel.
"With the strategy we're announcing, you can integrate the entire
network," said Robert Levine, president and CEO. Chris Oliver,
director of engineering, explained that the 14-slot MMAC-Plus
chassis will be able to serve as either a date center or wiring
closet hub, with over 500 ports and support for over 168 LAN
segments.
The hub platform is built on Cabletron's Fast Packet Switch (FPS)
technology, a method based on the same connection-oriented switching
concept as ATM, and on the company's PLUS Architecture, a platform
that revolves around an Intel 80960 RISC processor.
The PLUS architecture is also used in MicroMMAC hubs for small
branch offices with 10 to 20 users, and in MMAC three-, five- and
eight-slot hubs for larger regional offices with 50 to 100 users.
Cabletron plans to deploy FPS across its entire family of hubs,
including the MMAC series of modular hubs and the HubStack line of
stackable hubs, according to the officials.
FPS is designed to provide each user with a dedicated, switched
access connection to the network, assuring that each user has access
to 100 percent of the available bandwidth, instead of having to
share -- or contend with -- other users for bandwidth, as is the
case with traditional shared access local area networks (LANs).
Michael Skubisz, director of product marketing, said that FPS works
with the Internal Network Bus (INB), a dual bus on the switching
backplane of the MMAC-Plus. The INB is built for simultaneous
transport both variable length local and wide area network (WAN)
packets and fixed-length ATM traffic.
FPS switches the multiprotocol packets in hardware through custom-
designed application specific integrated circuits (ASICS) that are
based on LSI Logic's 300K chip technology. The switch also performs
Remote Monitoring MIB (RMON), a Simple Network Management Protocol
(SNMP)-based capability for network analysis and problem solving, he
said.
Cabletron will deliver FPS to users in hardware-based modules, each
with its own i960 processor, according to Skubisz. The company will
initially provide Ethernet, token ring, FDDI, and ATM interface
modules that use the FPS technology.
In their first implementation, the Ethernet, token ring, FDDI, and
ATM modules will provide up to 650 megabits-per-second (Mbps)
bandwidth and a sustainable forwarding rate, or throughput,
exceeding 400,000 pps, according to Skubisz.
The ATM module will employ Fore Systems' cell-switching technology
to provides a non-blocking ATM switching capacity of 2.5 Gbps.
Cabletron has announced intentions to support all standard ATM
connectivity or "uplink" options, including 100 Mbps, 155 Mbps
Sonet, and 45 Mbps DS3 port interface.
Oliver told the journalists that a key reason for the high
throughput of the MMAC-Plus is built-in bridging and routing. In
contrast to static port or "multichannel" hubs like the Cisco AGS+4,
which require external bridges and routers for internetworking,
MMAC-Plus integrates bridging at the media access control (MAC)
layer and routing at the network layer, he said.
At the start of the product development process, Cabletron
considered using a multichannel architecture, but then decided
against it, he recalled. "We're getting twice the performance of a
static-port hub, at half the cost," he asserted.
With MMAC-Plus, 100 ports will cost about $50,000, he acknowledged.
No additional bridging or routing devices are necessary, however. In
contrast, a multichannel hub costs only about $20,000 for 100 ports.
But if an external bridge/router is required, the total cost of the
system will soar to about $90,000 for 100 ports, and throughput will
fall to less than 100,000 pps, he maintained.
"A multichannel architecture would also limit our ability to scale
forward," he added. Where the multichannel hub does not scale well
to more than three LANs per wiring closet, the packet-switched
backplane supports 168 LANs in a single hub, according to Cabletron.
Multichannel hubs switch ports, rather than packets of data, unlike
"true" packet-switching hubs such as FPS, Oliver explained.
Moreover, multichannel hubs do not support RMON.
The INB backplane bus on the MMAC-Plus is designed to provide non-
blocking intermodule switching transport services up to a sustained
4 Gbps, at 2 Gbps per channel, according to Skubisz. With the use
of statistical multiplexing, the INB can also support the MMAC-Plus'
aggregate switching rate of greater than 10 Gbps.
The dual-bus design of the INB not only allows for simultaneous
transport of packets and cells, but also promotes fault tolerant
operation by eliminating a single point of failure, he told the
journalists.
Other factors contributing to fault-tolerant operation include the
flexible network bus (FNB), system power bus, and system management
bus that reside with the INB on the backplane of the hub, and the
SNMP-based network management capabilities that are built into all
hub modules.
Through the network management capabilities, one module in the hub
is "elected" at system start-up to perform the duties of chassis
manager. The remaining modules stand-by as managers and can
dynamically assume the role of chassis manager in the event of a
failure or overload of the elected module.
MMAC-Plus can be administered through any network management system
that complies with SNMP, including Cabletron's Spectrum for Open
Systems product family, according to Skubisz.
The FNB on the backplane of the hub consists of two FDDI networks,
FDDI-1 and FDDI-2, which together provide up to 400 Mbps of data
bandwidth for connectivity to other MMAC-Plus hubs, other FDDI-
compliant devices, and Ethernet and token ring LAN segments on
the network. The use of four FDDI rings is also aimed at securing
redundancy, he said.
The system management bus features two management channels: SMB-1, a
1 Mbps channel for internal hub management tasks, and the SMB-10, a
10 Mbps channels for "sideband" management. SMB-10 provides a
separate bus for downloads and system control, and also acts as a
redundant path to in-band network management information.
The system power bus uses a distributed DC power system similar to
those found in supercomputers. The system is based on a 48-volt DC
power bus that runs across the backplane to power all modules and
subsystems. In addition, a 5-volt power supply is delivered to each
system component for use in powering the diagnostic controllers that
are present on every module.
Skubisz explained that another key component of the hub, the
"environmental module," sits as a tray on top of the chassis. The
environmental module includes an internal 32-bit microprocessor and
memory chip from Intel, a fault-tolerant cooling system, out-of-band
access to management information, and a 4-by-40 liquid crystal
display (LCD) that provides access to system status information.
"This is a very complex product," noted Craig Benson, chairman and
COO. Due to the intricacy of the new hub, product development has
been a three-year, $100 million development effort, involving the
purchase of $30 million in new Electronic Design Automation (EDA)
tools as well as the introduction of concurrent engineering to
Cabletron's manufacturing process.
In a Q&A session that followed, journalists asked Levine, Benson,
Oliver, Skubisz, and Michael Welts, director of marketing, about
topics ranging from whether MMAC-Plus will route IBM's Advanced
Peer-to-Peer Networking (APPN) protocol, to whether the hub will
support SNMP-II, to how Cabletron perceives Cisco's products.
The hub does support SNMP-II, even though user demand has not been
that high for the revised network management protocol. Cabletron
views the products of Cisco, Wellfleet and other internetworking
vendors as "moving routing off to the side" of other networking
functions, the executives responded.
In the first half of 1994, MMAC-Plus will route internet protocol
(IP), internet packet exchange (IPX), DECnet and AppleTalk
protocols. Cabletron expects to add support for the APPN, Banyan,
open systems interconnect (OSI), and Xerox Network Services (XNS)
protocols in the second half of this year.
At the close of the three-hour event, Cabletron officials, partners
and users were on hand to talk with the journalists. In a meeting
with Newsbytes, Tony Stelliga, director and general manager of LSI
Logic, said that the FPS, which uses LSI's chip technology,
integrates the complexity of a 486 PC on a single chip.
FPS represents LSI's strategy of providing core chip technology
that can then be differentiated by original equipment manufacturers
(OEMs) to provide unique final products. In addition to working
with Cabletron, LSI Logic is also partnering with Newbridge
Networks in this way. The company plans to announce several
other partnerships over the next few weeks, Newsbytes was told..
In another meeting, Sam Picture, manager of telecommunication for
Home Savings of America, Irwindale, California, said that
the bank is looking at MMAC-Plus as well as competing products from
other vendors. Factors to be considered include cost,
multiprotocol routing capabilities, and how these products would
stack up against any ATM services that telecom carriers might be
offering in the future, according to Picture.
After the press conference, Pat Boyd, network engineer at Duke
University, Durham, North Carolina, told Newsbytes that the
university plans to take part in the MMAC-Plus beta test that is
scheduled to start in March.
"ATM is still immature, to say the least. But at the same time, we
have some application areas where 10 Mbps or even FDDI may not be
enough. Based on Cabletron's solid track record with us, we
believe that MMAC-Plus will provide us now with an intermediary
step toward full-blown ATM on the desktop," he reported.
Analysts were also enthusiastic about the potential of MMAC-Plus.
Tam Delloro, senior industry analyst, data communications, for
Dataquest, San Jose, California, said that switching has
traditionally been an area setting internetworking players like
Cisco and Wellfleet apart from hub vendors like Cabletron,
Synoptics and Chipcom.
"If the technical features Cabletron is talking about are really
there, then Cabletron is spearheading a movement toward the
collision of these two worlds," she told Newsbytes.
Mark McElroy, senior manager of KPMG Peat Marwick's National Network
Technologies Practice, said that KPMG has been advising clients in
recent months to start thinking of switching hub technology as a
steppingstone to ATM. "In our view, shared access LANs are obsolete,
for all intents and purposes. The sooner the industry comes to
market with switching hubs, the better," commented McElroy, who is
based in Radnor, Pennsylvania.
"The Cabletron announcement represents nothing less than a
watershed in the industry. Switching opens the door to dramatic
improvements in performance and network management, and to
applications beyond data, such as multimedia and videoconferencing.
That's also the general allure of ATM, but ATM is still premature
at this point," McElroy told Newsbytes.
(Jacqueline Emigh/19940207/Reader contact: Cabletron Systems, 603-
332-9400; Press contacts: Darren Orzechowski or Michele Jachim,
Cabletron, 603-332-9400)
(NEWS)(IBM)(LAX)(00028)
ALR MM PC W/ Dual Speed CD-ROM, VGA Monitor Under $2K 02/07/94
IRVINE, CALIFORNIA, U.S.A., 1994 FEB 7 (NB) -- Advanced Logic
Research (ALR) is offering a deal for those interested in a
multimedia personal computer. The company says it is offering a
486DX 50 megahertz (MHz)-based multimedia personal computer (PC) for
under $2,000.
The ALR Multimedia Express system comes with a dual speed,
multisession compact disc read-only memory (CD-ROM) drive that is
Kodak PhotoCD compatible; a 16-bit sound card; speakers; a 250
megabyte (MB) hard disk drive; and a color video graphics array
(VGA) monitor and card with 1 MB of dynamic RAM (DRAM) -- all for
$1,995.
The system also is equipped with 4 megabytes of random access memory
(RAM) on the system board and comes preloaded with Microsoft Windows
3.1, Microsoft DOS 6.2, Voyetra Multimedia Sound Software, and HSC
Interactive SE (Special Edition). Four CD-ROM titles also included
are: Microsoft Bookshelf; Great Wonders of the World Volume 1; The
San Diego Zoo Presents: The Animals; and Where in the World is
Carmen San Diego? Deluxe Edition.
The company has a toll-free number for those interested in finding
ALR dealers in their area and offers a one year warranty on its
systems.
(Linda Rohrbough/19940207/Press Contact: David Kirkey, Advanced
Logic Research, tel 714-581-6770, fax 714-581-9240; Public
Contact, Advanced Logic Research, 800-444-4257; PHOTO)
(NEWS)(BUSINESS)(SFO)(00029)
****DEC To Produce 486 Microprocessors For AMD 02/07/94
SUNNYVALE, CALIFORNIA, U.S.A., 1994 FEB 7 (NB) -- High demand for
486 microprocessors from Advanced Micro Devices (AMD) has led
to the company signing up Digital Equipment Corp., to become a
foundry. The deal is for two years initially, and is intended to
satisfy market demand until the company's new manufacturing
facility is completed in Austin, Texas, at the end of 1995.
As a result of the deal, DEC will produce wafers for AMD at its
South Queensferry, Scotland, manufacturing facility. The company
plans to utilize an adaptation of its 0.68-micron process
technology.
John Greenagel, spokesman for AMD, told Newsbytes that,
"This is probably the most important semiconductor market in the
world today. AMD's current ability to gain market share and serve
customers is limited by our manufacturing capacity. While we
are building a new one billion dollar factory in Austin to build
microprocessors, that new facility won't be in full operation
until late 1995. The addition of a foundry capacity to get us
through and enable us to gain market share while were are
getting that facility operational is of vital importance."
Commenting on DEC, he said: "Having a foundry partner like
Digital -- one of the foremost semiconductor manufacturers
in its own right -- would be a great boost to AMD."
The deal is also an important one for DEC. Said Robert B. Palmer,
president and chief executive officer of the company, "This
agreement will enable Digital to produce increased volumes in our
South Queensferry fab, resulting in lower cost per wafer for all of
Digital's semiconductor products. Building on our world-class
semiconductor design and production capabilities is a key part of
our ongoing plan to return Digital to sustained profitability."
So what happens after the two years, Newsbytes asked Greenagel?
"This is an agreement that will run for two years and there's
options to extend the foundry arrangement if we require additional
capacity. And obviously, while we are building a huge facility in
Austin, we hope that demand will outstrip our ability to
manufacture. We are hopeful of a long-term relationship."
Initial production shipments of Am486 products from wafers
manufactured by Digital are expected to begin in the fourth
quarter of 1994. AMD, for its part, expects shipments of Am486
microprocessors manufactured from die produced at the DEC
facility will reach an annual run-rate of 2,000,000 units in the
first half of 1995.
Said WJ Sanders III, chairman and chief executive officer of AMD,
"From a long-term strategic perspective, this agreement also
assures that AMD will have added production capacity for current
and future generations of microprocessor products. With this
foundry agreement, we have the ability to allocate additional
0.5-micron manufacturing capacity at our facility in Sunnyvale,
California, to production of both our high-performance Am486
devices and our fifth-generation K5 microprocessor products
in 1995."
The processors will be manufactured in the Scottish facility
on the same line as the company's Alpha AXP microprocessors.
Said Ed Caldwell, Digital's vice president of Semiconductor
Operations, "This takes advantage of our high-yielding 0.68-micron
process. In addition, we will be migrating this facility to 0.5-
micron technology over the next year to boost performance and
output of both Alpha AXP and Am486 microprocessors."
The legal battle between Intel and AMD, as well as other 386 and
486 microprocessor clone-makers has been a long and expensive
one, notes Newsbytes. But the rewards are huge. In January,
Newsbytes reported that AMD reported record annual revenues for
the third successive year.
According to the company, sales of $1,648,280,000 for the
fiscal year ended December 26, 1993, represented an increase
of nine percent over the prior year, and operating income of
$305,053,000 was also a record.
The company's fourth-quarter revenues were $413,404,000, which
produced net income of $41,639,000 before the preferred stock
dividend, or $0.41 per common share after the dividend. The
immediate-prior quarter revenues were $418,351,000 and net
income of $61,338,000 before the preferred stock dividend. In the
fourth quarter of 1992 AMD reported revenues of $400,224,000
and net income of $69,564,000 before the preferred stock dividend,
or $0.73 per common share after the dividend.
(Ian Stokell/19940207/Press Contact: John Greenagel,
408-749-3310, Advanced Micro Devices; Lisa Lipson,
508-568-4352, Digital Equipment Corp.)
(NEWS)(TELECOM)(ATL)(00030)
MCI Completes BT North America Buy 02/07/94
WASHINGTON, D.C, U.S.A., 1994 FEB 7 (NB) -- MCI completed its
acquisition of what it called "substantially all" the assets and
businesses of BT North America, which runs the Tymnet packet
data network. The purchase price, $125 million, will make no
material difference in its financial results, the company said.
The BT North America service portfolio is being integrated into
MCI's data services division.
When the data services division was formed last year, it was
based in Dallas, Texas, but its operations are spread throughout
the country. MCI Mail, for instance, is still based in
Washington, D.C. BT North America is based in San Jose,
California. Robert Harcharick, head of the new division, is based
in Richardson and was the first head of MCI Mail, a spokesman
told Newsbytes. The San Jose location will remain, MCI spokesman
Pam Small told Newsbytes. All data operations, however, will
report to Dallas.
Still unclear is exactly what MCI is buying. A press release from
the company indicated that MCI is in the process of "reviewing
BTNA services for integration within the MCI portfolio," a
process which could take months. In addition to its packet
network, BT North America also owns such thing as a credit
authorization service. At one point, there were rumors BT itself
was interested in getting rid of that division, something BT
denied. But credit card authorizations don't seem to fit into the
MCI framework, and those rumors may begin again. In a press
statement MCI praised BT's virtual data units, and made no
mention of credit authorization.
The acquisition is part of a major alliance between MCI and BT
announced last June, under which will buy 20 percent of MCI for
$4.3 billion. That deal is still not complete, and requires
approval from governments in both Europe and the US.
(Dana Blankenhorn/19940207/Press Contact: MCI, Pam Small, 202-
887-3000)