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- (NEWS)(IBM)(LAX)(00001)
-
- ****Dangerous, New Trojan Horse Virus Found On Internet 04/29/94
- TORRANCE, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- A new "Trojan
- Horse" computer virus is on the Internet and is labeled with the
- name of the fourth largest manufacturer of compact disc read-only
- memory (CD-ROM) drives. Chinon America, Incorporated, the company
- whose name has been improperly used on the rogue program, is
- warning IBM and compatible personal computer (PC) users to beware
- of the program known as "CD-IT.ZIP."
-
- A Chinon CD-ROM drive user brought the program to the company's
- attention after downloading it from a Baltimore, Maryland
- Fidonet server. One of the clues that the virus, masquerading as
- a utility program, wasn't on the up-and-up was that it purports "to
- enable read/write to your CD-ROM drive," a physically impossible
- task.
-
- CD-IT is listed as authored by Joseph S. Shiner, couriered
- by HDA, and copyrighted by Chinon Products. Chinon America told
- Newsbytes it has no division by that name. Other clues were
- obscenities in the documentation as well as a line indicating
- that HDA stands for Haven't Decided a Name Yet.
-
- David Cole, director of research and development for Chinon, told
- Newsbytes that the company knows of no one who has actually been
- infected by the program. Cole said the virus isn't particularly
- clever or dynamic, but none of the virus software the company
- tried was able to eradicate the rogue program. Chinon officials
- declined to comment on what antivirus software programs were
- used.
-
- If CD-IT is actually run, it causes the computer to lock up,
- forcing a reboot, and then stays in memory, corrupting critical
- system files on the hard disk. Nothing but a high-level reformat
- of the hard disk drive will eradicate the virus at this point, a
- move that sacrifices all data on the drive. It will also corrupt
- any network volumes available.
-
- "We felt that it was our responsibility as a member of the
- computing community to alert Internet users of this dangerous
- virus that is being distributed with our name on it. Even though
- we have nothing to do with the virus is it particularly
- disturbing for us to think that many of our loyal customers could
- be duped into believing that the software is ours," Cole
- explained.
-
- Chinon is encouraging anyone who might have information that
- could lead to the arrest and prosecution of the parties
- responsible for CD-IT to call the company at 310-533-0274.. In
- addition, the company has notified the major distributors of
- virus protection software, such as Symantec and McAfee Associates,
- so they may update their programs to detect and eradicate CD-IT.
-
- (Linda Rohrbough/19940429/Press Contact: Rolland Going, The
- Terpin Group for Chinon, tel 310-798-7875, fax 310-798-7825;
- Public Contact: Chinon, CD-IT Information, 310-533-0274)
-
-
- (NEWS)(TELECOM)(SYD)(00002)
-
- Australia - Telecom Demo Embarrassment 04/29/94
- SYDNEY, AUSTRALIA 1994 APR 29 (NB) -- Australian carrier Telstra
- (Telecom Australia) demonstrated a new service to journalists in
- Sydney on Tuesday. At least, it tried to demonstrate it.
-
- "It worked the last three times we tried it," said a doleful Telstra
- executive as the telecommunications giant attempted to show off its
- new Satcom-M digital voice-and-fax service at the event at its Sydney
- headquarters. Some eight attempts to dial direct from the
- demonstration to a gold mining drill team deep in the heart of
- Western Australia all ended in failure - three engaged signals
- and five long periods of silence.
-
- Embarrassed Telstra executives called the whole thing off but
- still reassured the press that a remote worker who antes up with
- the necessary AUS$20,000 or so (around US$14,300) for one of the
- new Satcom-M briefcase-sized terminals should be able to make
- the connections without too much trouble.
-
- The system, operating through the Inmarsat satellite system and a
- large earth station near Perth, provides links for outback workers to
- the public switched network and cellular mobile phones. Other Telstra
- satellite services include Satcom-C (text and data), Satcom-B (digital
- voice) and Iterra (multi-circuit voice, fax and data for major users),
- but the corporation is expected to have new competition from second
- carrier Optus in coming months.
-
- The lads from Telstra had better luck demonstrating another new service
- for the outback - Radphone Direct Dial. This is Australian-designed gear
- which communicates via high frequency (HF) radio rather than
- satellite. It enables the 30,000 outback HF radio users to direct-dial
- virtually any telephone in Australia, ending the need for operators
- and delays. This service developed from the famous Flying Doctor radio
- service which in turn originally consisted of a network of "pedal
- wireless" sets for which the outback station dwellers pedalled a
- generator to power their radio sets. The service costs AUS$99 to
- register and a monthly fee of AUS$45-60.
-
- (David Frith and Computer Daily News/19940429)
-
-
- (NEWS)(TELECOM)(TYO)(00003)
-
- Japan - MITI To Promote Internet Usage 04/29/94
- TOKYO, JAPAN, 1994 APR 29 (NB) -- The Japanese Ministry of Posts
- & Telecommunication will set up an Internet Committee in May to
- promote the use of the Internet in Japan and the Asia-Pacific
- regions.
-
- The Japanese Posts & Telecommunication Ministry's Internet
- Committee eventually plans to set up an Asia-Pacific Network
- Information Center and explore the possibility of financial support
- from the Japan Network Information Center, which is currently
- operating Internet in Japan.
-
- Another big goal of the committee will be to improve the speed and
- promote standards for Internet use. Many major personal
- computer-based telecommunication networks including
- Fujitsu's Nifty-Serve and NEC's PC-VAN have been providing
- interconnection with Internet.
-
- (Masayuki "Massey" Miyazawa/19940428/Press Contact: Posts &
- Telecommunication Ministry, Press Bureau, +81-3-3504-4161, Fax,
- +81-3-3504-0265)
-
-
- (NEWS)(GENERAL)(TYO)(00004)
-
- Japan - MPEG Alliance 04/29/94
- TOKYO, JAPAN, 1994 APR 29 (NB) -- Sixty major electronics firms
- have agreed to exchange technical and patent information on the
- data compression technology called MPEG. MPEG is a data
- compression and decompression technology for multimedia data.
-
- The agreement was reached at MPEG/IPR meeting in the US. The
- participating firms include such major companies as IBM, Sony,
- Matsushita Electric, and Philips. Through the exchange
- of patent information, the participating firms want to avoid
- patent data infringement and speed up development of
- MPEG-related technologies and products.
-
- (Masayuki "Massey" Miyazawa/19940428/Press Contact: Posts &
- Telecommunication Ministry, Press Bureau, +81-3-3504-4161, Fax,
- +81-3-3504-0265)
-
-
- (NEWS)(GOVT)(WAS)(00005)
-
- PRC Wins $75 Million FBI Fingerprint Contract 04/29/94
- MCLEAN, VIRGINIA, U.S.A., 1994 APR 29 (NB) -- PRC of McLean, Va., has
- won an eight-year, $75 million contract for a major component of the
- Federal Bureau of Investigation's new automated fingerprint
- identification system. PRC will provide the identification tasking and
- networking portion of the system.
-
- "Through this contract, we're going to help the FBI store over 32
- million fingerprints that are currently on paper, significantly
- reducing the time it takes to search and retrieve a suspected
- criminal's fingerprints," said Jim Leto, PRC president and chief
- executive officer.
-
- The new FBI fingerprint system will perform quick, accurate and
- paperless matches of suspect fingerprints with those on file with the
- FBI. It will also exchange criminal history records between state and
- federal agencies using standard formats and defined information types.
- State and local police forces will have access to the FBI fingerprint
- network will access it through the FTS 2000 network, the federal
- government's nationwide dedicated telephone system. The FBI system
- will also adhere to the National Institute of Standards and Technology
- fingerprint transmission standards.
-
- PRC said that by the year 2000, it is likely that the system will
- handle more than two million transactions. The fingerprint system is
- also part of the FBI's effort to replace existing computer systems
- across the agency and move staff, systems and operations out of the
- Hoover Building in downtown Washington and to a new facility in
- Clarksburg, W. Va.
-
- PRC has considerable experience with applying high technology in the
- criminal justice system. The company has installed computer-aided
- dispatching system in eight of the 10 largest US cities. The company
- employs about 6,800 people in more than 200 offices, and 1993 revenues
- were $761 million.
-
- (Kennedy Maize/1990429/Contact: Chuck Taylor, tel 703-556-2749)
-
-
- (NEWS)(TELECOM)(WASH)(00006)
-
- Cellular Service Comes To DC Subway 04/29/94
- WASHINGTON, D.C., U.S.A., 1994 APR 29 (NB) -- Washington's workaholics
- are cheering. They can now use their portable telephones while
- underground in the subway system, locally known as Metro.
-
- But there are some temporary limits. Phone calls are possible only on
- the Orange Line between the center of the city and the Virginia suburb
- of Arlington. That leaves out all the cellular jockeys in Maryland.
- And here's another catch: you must be a Bell Atlantic Mobile Systems
- subscriber.
-
- Still, Metro is the only subway system in the nation where any kind of
- cellular traffic possible, thanks to the metropolitan transit agency
- and Bell Atlantic. By next year, Bell Atlantic officials said, the
- service will be expanded considerably.
-
- Bell Atlantic, telecommunications analysts, and Transportation
- Secretary Federico Pena hailed the new service at a Washington press
- conference as a milestone in the wireless telephone industry and
- transportation. Cellular users in the Washington area have been
- telling the industry they want to use their portable phone on the
- Metro, outside on the pavement, and in airports, ball parks and the
- like, Bell Atlantic said.
-
- Bell Atlantic and Metro spent more than $4 million to install cellular
- phone antennas in subway tunnels. Metro gets a piece of the activity
- on the service, although the details of the deal were not disclosed.
- Both Bell Atlantic Mobile and Cellular One Inc. are working to develop
- systems that can be used anywhere in the country, aiming for "anytime,
- anywhere communications," without waiting for the Federal
- Communications Commission to allocate additional radio spectrum for
- personal communications devices.
-
- The Washington installation is not only the first in the US, but
- only the third in the world, according to Bell Atlantic, after Hong
- Kong and Singapore. Even major systems such as Germany's U-Bahn and
- the fabled Paris Metro don't have cellular service.
-
- (Kennedy Maize/19940429/Contact: Maria Papa, Hill and Knowlton, 212-
- 697-5600)
-
-
- (NEWS)(TELECOM)(HKG)(00007)
-
- HKTel Offers Videoconferencing On PCs With Windows 04/29/94
- TAI KOO SHING, HONG KONG, 1994 APR 29 (NB) -- HK Telecom CSL has
- added a new dimension to its VideoNet videoconferencing service with
- the introduction of the PCS 100 - a simple upgrade kit that can
- transform a standard Windows-equipped PC into a high-quality personal
- videoconferencing system.
-
- The latest product from US videoconferencing equipment manufacturer,
- PictureTel, the PCS 100 comprises a video pickup designed to sit on
- top of the PC monitor, a hands-free speakerphone, two add-on cards,
- and some software.
-
- Operating under Microsoft Windows, the system allows users to pull up
- applications during their video meetings and share them with the
- other parties involved, discussing, annotating and making changes,
- all in real-time.
-
- According to a spokesperson from HK Telecom CSL, the new PCS 100 is
- expected to open a new segment of the videoconferencing market
- in the territory contrasting those already available from its
- Videonet service since 1992.
-
- Offering the convenience of attending meetings without leaving
- one's office, the PCS 100 can be used to communicate with
- individuals on other desktop units or with groups of people
- using larger meeting room systems.
-
- Conforming to industry standard TSS H.320 specifications, the PCS 100
- is compatible with all the other systems which Hongkong Telecom
- markets under its VideoNet banner as well as any other system
- that is also H.320 compliant.
-
- Advances in hardware, software and the increasing availability and
- affordability of switched dial-up network services have helped video-
- conferencing to come of age as a communications medium. It is filling a
- growing need in the global marketplace for a means of bringing together
- widely distributed groups of people and enabling them to work
- collaboratively. The obvious results of this are increased
- cost-efficiency, improved productivity, faster and better informed
- decisions and better management for businesses that have distributed
- operations.
-
- HK Telecom is confident that the desktop sector of the videoconferencing
- market will increase dramatically in the next 2-3 years, eventually
- becoming commonplace in most organizations and in the home. It is
- anticipated that group-type video-conferencing systems will continue
- to proliferate, appearing in the meeting rooms of most companies to
- satisfy their local or international business needs.
-
- "Hongkong Telecom CSL has been the PictureTel distributor in Hong Kong,
- Macau and China since 1991 and in that short time has managed
- to capture more than 60 percent of the market," said Spencer Chan,
- director and general manager (Asia Region) for PictureTel.
- "I am sure that the introduction of the PCS 100 in conjunction
- with VideoNet will push that figure even higher."
-
- (Keith Cameron 19940422 Press Contact: Caroline Chung, HK
- Telecom CSL, 852 -803 6551)
-
-
- (CORRECTION)(APPLE)(LAX)(00008)
-
- Correction - Apple Trade-In Program 04/29/94
- CUPERTINO, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- In the story
- "Apple Trade-In Program Takes HP, Compaqs, IBM" that ran April
- 27, 1994, Newsbytes inadvertently left out the toll-free number
- where users can locate Apple resellers who are participating in
- the Apple Trade-in program. That number is 800-538-9696.
-
- (Linda Rohrbough/19940429/Press Contact: Jayme Curtis, Apple
- Computer, tel 408-974-2042, fax 408-974-2885; Public Contact:
- Apple, Reseller Locations, 800-538-9696)
-
-
- (NEWS)(TRENDS)(HKG)(00009)
-
- ****3Com Chief Says Data Nets Driving Asian Growth 04/29/94
- CAUSEWAY BAY, HONG KONG, 1994 APR 29 (NB) -- The development
- of an information superhighway infrastructure in Hong Kong
- and the rest of Asia will be a key driver of economic growth
- in the early 21st Century, a meeting of the territory's largest
- corporate telecommunications users was told today.
-
- According to Eric Benhamou, chief executive of leading global
- data networking company 3Com Corporation, the quality of
- electronic interaction will become a critical success
- factor in transacting business across the region.
-
- Benhamou, who was speaking to the Hong Kong Telecommunication
- Users Group (HKTUG), said that a web of high capacity, intelligent
- data communication networks -- dubbed the information
- superhighway -- will be the conduit for a vast amount of
- business services. He stressed that the popular image of the
- information superhighway as a means of delivering 500 channels
- of television to the home was a distorted view of its potential.
-
- "Although there will be a major impact on entertainment, all
- the multimedia hype has obscured the fact that entertainment
- is but one industry that stands to benefit from the development
- of an advanced network infrastructure," said Benhamou.
-
- "By leveraging the information superhighway, many types of
- companies will be able to re-engineer their business to
- provide dramatic improvements in internal processes and a
- quantum leap in customer service. In the financial sector,
- for example, the banks will be able to work far more intimately
- with their customers, and for that matter with their customers'
- customers.
-
- "In the healthcare industry the network will tie together
- hospitals, doctors' offices, medical research institutes,
- pharmacies and insurers in ways which will make the practice
- of medicine far more effective. Ultimately the information
- superhighway will enable remote examination, treatment and
- monitoring of patients."
-
- The HKTUG meeting, which was also attended by telecom company
- executives and government officials, learned that there is
- a risk that Asia will fall behind North America over the
- next few years, with potentially serious economic consequences.
-
- "The existence of monolithic, usually state-owned
- telecommunication monopolies in many Asian countries, and
- significant competitive restrictions in others, will result
- in under-investment in network infrastructure. This will slow
- delivery of a new generation of content-rich communication
- services," said Benhamou.
-
- "Asian businesses need to do some hard lobbying of governments
- across the region to ensure the message gets across that
- national economic interest does not mean defending inefficient
- national telecom monopolies. They also have to push existing
- communication service providers to ensure their network
- development plans intersect with the emerging information
- superhighway standards."
-
- As well as his corporate responsibilities, Benhamou chairs
- the National Information Infrastructure (NII) Task Force of the
- American Electronics Association, an organization representing
- 3,000 members of the fastest growing segments of the American
- high technology sector. The NII Task Force is working to speed
- the development of America's information superhighway by
- providing an end-user perspective, and participating in
- pilot programs that provide successful national role models.
-
- (Keith Cameron 19940429 Press Contact: Roy Johnson, 3Com,
- 852-868 9111)
-
-
- (NEWS)(GENERAL)(TOR)(00010)
-
- Canadian Debit Card System Expands 04/29/94
- TORONTO, ONTARIO, CANADA, 1994 APR 29 (NB) -- The Interac
- Association, a group of Canadian banks and other financial
- institutions, has expanded its Interac Direct Payment debit-card
- system to the province of Ontario. The service, already available
- in Quebec and Western Canada, is also to be expanded to the four
- Atlantic Provinces shortly, the association said.
-
- The service lets Canadians make purchases with the same cards
- they use in automated teller machines. Since all Canada's big
- banks and a number of smaller trust companies and Quebec's
- caisses populaires are members of Interac, almost any bank card
- in Canada will work in the system.
-
- Interac tested the service in Ottawa and neighboring Hull,
- Quebec, in 1990 and 1991, and then launched commercial service in
- Quebec, British Columbia, and the Yukon and Northwest Territories
- in 1991, said spokespeople at a travelling road show with which
- Interac is promoting the service to Ontario retailers. Since
- then, service has also been extended to Alberta, Manitoba, and
- Saskatchewan. It was officially launched in Ontario this week.
- New Brunswick, Nova Scotia, Prince Edward Island, and
- Newfoundland are to follow soon.
-
- To use the service, a customer presents his or her bank card to a
- participating retailer. The cashier swipes the card through an
- electronic card reader as with a credit card. In fact, a
- spokeswoman said, existing credit card authorization devices that
- the banks provide can be upgraded to handle the debit cards as
- well. Then the customer takes a handheld keypad and enters a
- personal identification number -- the same one punched into an
- automated teller machine -- to authorize a transaction. The amount
- of the transaction is transferred from the customer's account to
- the retailer's.
-
- Interac is promoting the service as a convenience for customers,
- who won't have to carry cash or write checks. The convenience
- will come at a cost in some cases, though, as participating banks
- may charge a transaction fee for purchases made this way. The
- Royal Bank of Canada, for instance, will charge 30 cents per
- transaction. However, this fee may not apply with all types of
- accounts and in some cases customers are allowed a certain number
- of free transactions per month.
-
- Using the debit card instead of a credit card will also mean the
- customer pays right away instead of when the credit card
- statement arrives at the end of the month.
-
- For retailers, according to Interac spokespeople, the benefits
- will include improved cash flow -- to the extent that debit cards
- replace credit card transactions -- and a reduced need for cash
- on the premises.
-
- Retailers pay a monthly rental fee of C$30 to C$50 for the
- terminal, plus a transaction fee of up to 30 cents, depending on
- the individual retailer's arrangement with its bank.
-
- According to Interac, about 19.75 million bank cards that can
- work with the system have been issued in Canada. Close to 62,000
- Interac Direct Payment terminals are already installed at nearly
- 46,000 merchant sites in provinces where the service has been
- available for some time. More than 100 million transactions have
- been processed at an average value of C$51.80 per transaction,
- the association said.
-
- The greatest activity to date has been in supermarkets, with
- about 45 percent of the total.
-
- (Grant Buckler/19940429/Press Contact: Fred Harris, Interac
- Association, 416-362-8550)
-
-
- (NEWS)(IBM)(SFO)(00011)
-
- Carrera 275MHz Processing Powered System 04/29/94
- LAGUNA HILLS, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- Just when it
- seems comfortable to be talking 60, 90 and 100 MHz (megahertz)
- processing power with RISC (reduced instruction set computer)
- and Pentium processors, Carrera is beginning to ship initial
- volumes of Digital Equipment's Alpha AXP 21064A 275MHz chip
- in a Cobra AXP 275 workstation.
-
- The Cobra AXP 275 system is the latest addition to Carrera's
- line of Cobra's AXP systems and is the first to incorporate
- Digital Equipment Corporation's (DEC) 275MHz microprocessor
- which was announced in September, 1993. This new system is
- designed to meet the heavy requirements of power users of
- operating systems such as Windows NT where multitasking and
- multi-user demands are high.
-
- According to Carrera, an application like MaxEDS, an electrical
- CAD (computer-aided design) program, running on the Cobra AXP 275
- system, typically runs four times the speed of a Pentium 60 MHz
- system.
-
- Speaking to Newsbytes, Rod Frye, chairman of Carrera, said,
- "It has been reported that a 32-bit chip can handle only 45
- seconds of uncompressed video; a 64-bit chip can handle 50
- million hours. That kind of increase is monumental in the
- computer industry. The 275 chip operates at a performance rate
- of SPECint 170 compared to a Pentium chip operating at a 100
- SPECint rate."
-
- Carrera is offering a number of different system configurations
- starting with a base system that offers 128-bit memory bus,
- 128-bit processor bus, two 32-bit PCI and three 16-bit ISA
- expansion slots, PCI local bus Ethernet (10Mbits/sec) controller,
- PCI local bus SCSI-2 (10MB/sec) controller, two asynchronous serial
- ports, parallel port, 16MB RAM, 400-500MB hard disk, CD-ROM,
- keyboard, mouse and IBM-compatible floppy disk for $7995.
-
- Mike Warren, DEC marketing consulting, told Newsbytes, "Because of
- the tremendous power differences, we are not trying to compete with
- Intel or the Apple/Motorola/IBM chip manufacturers. We are instead
- targeting power users in the CAD, CASE [computer-aided software
- engineering] and technical publishing and imaging markets
- and want to develop niches where are products can be highlighted.
- There are already 600 applications written to or ported to the
- Alpha environment."
-
- When asked about the limits of DEC's power processing
- development, Warren said, "We are already into the next
- generation of processing products and plan to aggressively
- develop and market them. By the end of 1994, we will be
- making more announcements regarding these developments."
-
- Currently, only two chips process integers at 64 bits at
- a time. Besides DEC, Silicon Graphics also manufactures
- such a chip. The current Pentium and PowerPC chips process
- integers 32 bits at a time. When does such speed come to the
- average desktop user? According to Rod Fry, "As prices of
- existing technologies are lowered with the introduction of the
- next generation of product, we see a continual advancement of
- processing power for all users. We think sometime in 1995,
- there will begin to be a growth of this kind of processing
- power on the desktop."
-
- (Patrick McKenna/19940429/Press Contact: Mike Kilroy, Les
- Goldberg Public Relations, tel 714-545-3117)
-
-
- (NEWS)(TRENDS)(ATL)(00012)
-
- Slumping Jostens Sales Reflect New School Computing Focus 04/29/94
- MINNEAPOLIS, MINNESOTA, U.S.A., 1994 APR 29 (NB) -- Integrated
- learning systems, in which companies lease hardware and software
- to schools for specific teaching tasks, was the chief growth area
- for educational technology in the late 1980s. Now the pattern has
- definitely changed, as shown by a market leader's latest earnings
- release, and its reaction to it.
-
- Jostens Inc., said it will cut 150 employees from its education
- software unit following its announcement that earnings plunged
- to $1.7 million from $4.5 million a year earlier. Worse, sales
- also fell, to $158.7 million from $164.6 million. Results would
- have been worse but for an after-tax gain of $11 million from the
- sale of its sportswear business. The company warned of more bad
- news to come, including an after-tax cost of $45-50 million in
- its next fiscal quarter, and an after-tax charge of about $5
- million to cover the layoffs.
-
- The changes are the work of a new president, Robert C. Buhrmaster,
- hired last June and elected CEO last month. In his statement, he
- explicitly identified problems with Jostens Learning. Jostens
- Learning sells complete systems to school districts based on
- promises it could boost test results. These systems were
- installed in computer "labs" which students would visit once a
- week, for drills in basic skills. The company said it will
- now sell software only, that runs on standard platforms.
-
- In recent years, however, a new paradigm for computers in
- education has emerged, in which computers are put directly
- into classrooms and used throughout the day, with classes
- broken into small groups which work together on projects.
- Jostens Learning now wants to participate in that market as
- well.
-
- Buhrmaster's plan for Jostens Learning is to focus on the K-12
- market, and develop software that runs on industry-standard
- systems. Companies which concentrated in that area, like Davidson
- & Associates and Broderbund, have prospered in recent quarters,
- even when they de-emphasized sales to schools in favor of retail
- sales to parents. As part of its new plan, Jostens Learning's new
- CEO, Stan Sanderson, will exit the hardware business and rely on
- third-party vendors for hardware service. That's where that $45-
- $50 million charge will go.
-
- "The decision is not move from integrated learning systems [ILS],
- but to focus on the K-12 market with ILS systems and stand-alone
- offerings," said spokesman Kevin Whalen. He added that the net
- income of the company, before its restructuring last year, had
- stood at $39 million, so the actual impact of the new charges on
- Jostens' earnings won't be as devastating as they might appear at
- first glance. "The company is strong financially. Our other lines
- of business are profitable, and ahead on a year-over-year basis.
- Our biggest issue has been addressing Jostens Learning."
-
- (Dana Blankenhorn/19940429/Press Contact: Kevin Whalen, Jostens,
- 612-830-3300)
-
-
- (NEWS)(BUSINESS)(ATL)(00013)
-
- Prentice Hall Units For Sale 04/29/94
- NEW YORK, NEW YORK, U.S.A., 1994 APR 29 (NB) -- As part of
- efforts by parent Viacom to raise cash and acquire it, Paramount
- Publishing will sell six publishing companies that do not
- hold a leadership position. Four of the companies were
- part of a planned deal with Information America Inc., of Atlanta
- last year, under which Paramount would have acquired a 49 percent
- stake in the smaller online services company.
-
- The six operations being sold have aggregate revenues of just
- about $100 million, against about $2 billion in sales for the
- publishing group as a whole.
-
- Paramount Publishing spokesman Andrew Giangola told Newsbytes the
- company is looking to sell six units: Prentice Hall Legal and
- Financial Services, Prentice Hall Professional Software, Manac,
- Master Data Center, Prentice Hall Law & Business, and the map
- company H.M. Gousha. Of those six, only the latter two were not
- part of last year's proposed deal with Information America.
-
- He added all this is part of a general reorganization in which
- Paramount Publishing will concentrate on four sales channels:
- education, consumer, international and the business, technical
- and professional area, which includes its computer books. The
- computer book unit, now renamed Macmillan Computer Publishing,
- is based in Indianapolis and will now report to Scott Flanders,
- along with the company's Library Reference and General Reference
- operation.
-
- A second wing of the group will consist of business,
- training and health care operations, including Appleton
- & Lange, the Bureau of Business Practice, the New York Institute
- of Finance, Career and Personal Development and Jossey-Bass. The
- new head of this unit is Martin Kenney, who had been acting
- president of the Bureau of Business Practice.
-
- Giangola emphasized to Newsbytes that the moves are really a
- continuation of plans first launched in June 1993, when the
- Information America deal was first announced. That deal
- collapsed in the wake of the fight over Paramount between Viacom
- and QVC Network, a battle eventually won by Viacom. Viacom,
- however, is still trying to close the deal. It has a second
- merger in the works with Blockbuster Entertainment, and
- Blockbuster's cash could make the Paramount deal work without
- further asset sales, but Blockbuster shareholders may not approve
- that merger due to the falling value of Viacom shares.
-
- Concerning the units to be sold, Giangola added, "We'll discuss
- the divestiture to anyone who can give us the greatest value.
- We're talking to anyone and everyone." This has Information
- America's chief financial officer, Gene Ellis, considering his
- company's options. "We're considering a lot of different things,
- and that's one of them," he told Newsbytes, referring to an
- acquisition of those units by Information America.
-
- If Information America did make another run at the Paramount
- properties, it could justify six months of spending which had to
- be written off last year. "A lot of that was spent doing due
- diligence. That due diligence work might have some continuing
- validity. That would be a difference between us and other"
- potential acquirers. But the currency used in Information
- America's proposal last year was its own stock. That stock was
- trading in the range of $4-5 per share last year, and it's now
- trading at between $3-4 per share.
-
- (Dana Blankenhorn/19940429/Press Contact: Andrew Giangola,
- Paramount Publishing, 212-698-7111; Gene Ellis, Information
- America, 404-892-1800)
-
-
- (NEWS)(TELECOM)(ATL)(00014)
-
- America Online Results Strong 04/29/94
- VIENNA, VIRGINIA, U.S.A., 1994 APR 29 (NB) -- America Online
- reported another very strong quarter. It said it earned $1.824
- million on sales of $29.188 million for the quarter ending in
- March, more than double the same figures from a year earlier.
-
- But the gains in revenues, 178 percent, trailed the growth in
- subscribers, 191 percent. America Online had 712,000 subscribers
- at the end of the quarter, against 245,000 subscribers at the
- end of March, 1993. During the quarter the company had to buy a
- lot of new equipment to make those new subscribers happy,
- acknowledging some were having trouble signing-on during
- peak evening hours.
-
- In a press statement, President Steve Case said the company has
- "made great progress" solving the capacity problem.
-
- In other communications earnings news, both of General Motors'
- technology units reported better results. GM's Hughes Electronics
- division, which sells cellular phone equipment and makes
- communication satellites, saw its earnings rise to $64 million
- for the quarter, up 44 percent over a year earlier. Sales rose
- 12.8 percent, to $3.59 billion. Telecommunications sales alone
- rose 29.7 percent, helped by increased satellite transponder
- sales. The company is also a defense contractor and makes
- electronic equipment for its parents' auto operations.
-
- EDS, which runs data centers for major corporations including
- GM, reported modest gains, with profits rising to $171.7 million,
- up 13 percent, while revenues rose to $2.239 billion. Shares in
- Hughes and EDS are traded separately from the parent company,
- as Class H and Class E shares respectively.
-
- (Dana Blankenhorn/19940429/Press Contact: America Online, Lennert
- J. Leader, 703-448-8700; General Motors, 313-556-5000)
-
-
- (NEWS)(TRENDS)(ATL)(00015)
-
- First Dial-Up Picture And MPEG Video Clip Service 04/29/94
- LOS ANGELES, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- A start-up
- called Opus Global Inc., has launched the Electronic Library, the
- first dial-up picture and video clip service, using a proprietary
- video server previously used by the military.
-
- The system will offer still images and clips compressed using the
- MPEG-1 system 24 hours a day from its mainframe, which is linked
- via the MCI network. "The Electronic Library allows a client to
- search our database and gain instant access to images, music, and
- sound stored on our central system through phone lines via a Mac
- or IBM PC -- in the comfort of his or her office," explained
- marketing director, Carl Hartman.
-
- Newsbytes also talked with Masih Madani, the company's director
- of technical development. He identified a number of different
- types of customers for the service, including TV producers,
- makers of CD-ROMs, and ad agencies. He said the proprietary
- hardware was chosen because existing systems from vendors like
- Silicon Graphics just didn't offer the capacity he was looking
- for.
-
- "We can serve 300 people at once at T-1 speeds" of 1.544
- million bits/second, he said. MPEG was chosen as the compression
- technology, he added, because it can manage large amounts of
- material and allows customers to preview selections before buying
- them. He also added that the MCI links are not a barrier to
- anything: "We can plug into anybody anywhere."
-
- The present offerings consists of collections from stock footage
- companies and leftover material from independent photographers,
- he added, but the company is rapidly increasing the size of the
- collection. The system should go online in about 60 days
- following a beta test which is now taking place.
-
- (Dana Blankenhorn/19940429/Press Contact: Lanny Sher, for Opus
- Global, 310-659-0380)
-
-
- (NEWS)(TELECOM)(ATL)(00016)
-
- Online Service Helps Defense Contractors Go Civilian 04/29/94
- HOUSTON, TEXAS, U.S.A., 1994 APR 29 (NB) -- Telescan's Knowledge
- Express unit closed a previously announced contract award with
- the Department of Energy to create a new online service on
- technology transfers.
-
- The contract is worth about $2 million, and is renewable for one
- year. As part of the award, Knowledge Express will offer
- subsidized access to its service to up to 2,400 universities,
- federal labs, and small defense contractors who are trying to
- convert over to non-defense work. "We announced the initial award
- under the competitive process earlier," explained Chairman David
- Brown. "This is the final contract agreement to go forward, and
- has more specificity. This will help the conversion of defense
- contractors to non-defense work. That's the goal of the
- underlying act" under which the contract was obtained.
-
- The service will be hosted in Houston, along with other Knowledge
- Express services like LES Online, for licensing executives, and
- UC-Access, for the University of California.
-
- Telescan also sent out a press release announcing the 1994
- speaking tour of Ian Woodward, an expert on high growth stocks.
- Brown said that the company is involved in the tour and will
- conduct local advertising on its behalf, in hopes that investors
- interested in Woodward's methods will use Telescan's service.
-
- "Ian's well-known in momentum-based investing," explained Brown.
- "It's a popular concept today, and he's a popular devotee. He's
- developed an indicator called ERG, a combination of earnings,
- price, and group momentum, which is available on our service. We
- developed it at his suggestion. While he shows how it might be
- done other ways, they'll see how much easier it is to execute
- strategy" using the numbers on Telescan.
-
- He added, "Ian had done a lot of publishing of this system on
- Prodigy, and developed a following. They approached us to program
- their system so their philosophies could be attained using the
- system. So our ProSearch 4.0 included many of their reports."
- Telescan also includes the complete text of Mr. Woodward's
- newsletter.
-
- (Dana Blankenhorn/19940429/Press Contact: Telescan, Richard Ames,
- 713-952-1060)
-
-
- (NEWS)(BUSINESS)(TOR)(00017)
-
- Murdoch Buys Interactive Games Maker 04/29/94
- NEW YORK, NEW YORK, U.S.A., 1994 APR 29 (NB) -- Media tycoon
- Rupert Murdoch's News Corp., has purchased Kesmai Corp., a maker
- of multiplayer games based in Virginia. The purchase was made
- through Delphi Internet Services, an indirect News Corp.,
- subsidiary.
-
- Terms of the agreement were not disclosed. A spokeswoman for
- Delphi told Newsbytes that Kesmai will remain a separate
- subsidiary and no management changes or staff cuts are being
- announced at present.
-
- Kesmai's games include Air Warrior, MultiPlayer BattleTech,
- Island of Kesmai, and Harpoon On-line. They let two or more
- people participate from different locations. The company claims
- to have been the first in the world to combine sound and graphics
- with global communications through on online service.
-
- Starting in May, Kesmai's games will be available for Delphi
- users to play online. A subscriber in North America could play a
- game with another subscriber in Europe, for instance, the
- spokeswoman said.
-
- News Corp. acquired Delphi, one of the major US online services
- and the only one providing unabridged access to the Internet,
- last October. The media firm's other interests include TV Guide,
- Fox Broadcasting Co., Twentieth Century Fox, HarperCollins
- Publishers, The Times of London newspapers, British Sky
- Broadcasting, and Star Television.
-
- (Grant Buckler/19940429/Press Contact: Marcia Horowitz, Howard J.
- Rubenstein Associates for News Corp., 212-489-6900; Paula Mae
- Schwartz, Schwartz Communications for Delphi, 617-431-0770)
-
-
- (NEWS)(GENERAL)(DEN)(00018)
-
- Computervision Has A Ford In Its Future 04/29/94
- BEDFORD, MASSACHUSETTS, U.S.A., 1994 APR 29 (NB) -- A Massachusetts
- company says it has been awarded a $3 million contract by the Ford
- Motor Company, and has named a new VP of worldwide sales.
-
- Computervision Corporation says the Ford contract is for new design,
- data management development, and manufacturing software for Ford's
- Powertrain Division. By the end of the year as many as 700 Ford
- engineers will be using the company's EDM engineering data
- management software and an upgrade to its design automation
- software CADDS 5 to enhance the design engineering process and
- maximize the division's overall product development.
-
- Ford's Powertrain Operations are responsible for the design and
- manufacture of Ford auto and truck engines, transmissions, and
- axles.
-
- In addition to EDM, which tracks and updates project information
- among various design teams, Ford will use Computervision's
- Concurrent Assembly Mock-up (CAMU) software, online automatic
- backup software, the CV-DORS component software toolkits and
- additional software for numerical control and coordination of
- measuring-machine functions.
-
- Ford is also contracting for Computervision's consulting services
- to help Powertrain Operations carry out its implementation
- schedules. Ford says the software will help improve time-to-market
- for new powertrains by as much as 50 percent.
-
- Computervision has named Patrick Clark as vice president of
- worldwide sales. Clark has worked for Eastman Kodak, General
- Electric, Microcom Inc, and Attitash Software Inc. He succeeds
- Gareth Evan, who has resigned for personal reasons to return to
- the United Kingdom.
-
- Jim Mallory/19940429/Press contact: Wayne George, Computervision
- Corporation, 617-275-1800, ext 2443; Reader contact:Computervision
- Corporation, 617-275-1800)
-
-
- (NEWS)(IBM)(DEN)(00019)
-
- Compaq To Showcase Newest Systems at Networld/Interop 04/29/94
- HOUSTON, TEXAS, U.S.A., 1994 APR 29 (NB) -- Compaq Computer
- Corporation says it will highlight its newest desktop, server and
- portable computers at next month's Network/Interop trade show.
-
- Making its first public debut will be the recently introduced
- Compaq Deskpro XL product line. Also on display will be Compaq's
- LTE Elite notebook computers and desktop expansion bases with
- networking capabilities.
-
- Showgoers will get to see a demonstration of Compaq's Proliant
- 4000 servers running Intel's recently announced 100 megahertz (MHz)
- Pentium chip, the Prosignia VS servers designed for small
- networks, the Prosignia systems, and the Prolinea mission-critical
- systems that use one, two, or four processors.
-
- Compaq will also demonstrate its Full-Spectrum Fault Management, a
- proactive fault prevention, fault tolerance, and rapid recovery
- system now built into all Compaq servers to monitor the system's
- health. SmartStart, a CD-ROM-based process to provide consistent
- configurations across Compaq servers, will be demonstrated.
-
- Compaq recently announced that it has been awarded a General
- Services Administration (GSA) contract for the 1994-1995 contract
- period. All Compaq products except the Presario line are available
- on the schedule. Earlier this month the company appointed H.
- Donald Weatherson as vice president of government and education.
- Weatherson is no stranger to government procurement. A Compaq
- spokesperson told Newsbytes Weatherson is a retired US Navy Rear
- Admiral and served as CEO of the Navy Exchange System. The company
- has also added additional sales personnel in Washington, DC to
- focus on federal sales.
-
- Compaq recently obtained a contract to supply portable computers
- to the US Army as part of Science Applications International
- Corporation's $500 million Lightweight Computer Unit contract.
-
- Networld/Interop opens its three-day run at the Las Vegas Convention
- Center May 4th.
-
- (Jim Mallory/19940429/Press contact: Mike Berman, Compaq Computer
- Corporation, 713-374-0484)
-
-
- (NEWS)(GENERAL)(SFO)(00020)
-
- SF Multimedia Group Holds "Killer Content" Seminar 04/28/94
- SAN FRANCISCO, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- Multimedia
- Development Group (MDG), beginning its second year with
- more than 500 members, delivered its "Killer Content" seminar,
- hosted by Pacific Bell.
-
- With a distinguished panel of speakers, including Edward Saxon,
- producer of "Silence of the Lambs" and "Philadelphia,"
- Susan Margolis, author of "Fame," Tom Lombardo, executive vice
- president of Whittle Communications, Scott Rosenfelt, producer of
- "Home Alone" and "Mystic Pizza," Steve Peterman, executive producer
- of "Murphy Brown," and Garry Hare, producer of "Escape From
- CyberCity" and "ABC Presents the Palm Springs Open," MDG offered a
- venue for the stimulation of creative ideas designed to lead
- to successful and intelligent content in multimedia titles.
-
- Roland Wolfram, executive director of Pacific Telesis Video
- Services, and Hal Logan, general manager of Pacific Telesis
- Electronic Publishing Services, served as moderators.
-
- Besides the panel discussion, the evening consisted of a
- small exhibition of multimedia titles including Critical Path,
- Total Distortion, Morgan and A Kingdom of Women, a new title in
- development authored by Christine Mathieu of Le Chido that
- explores an 8th Century kingdom.
-
- Perhaps best summarized by Garry Hare's comments, the
- evening centered on, "If we have learned anything at all,
- it is that we need to spend a lot more time before we turn the
- machine on."
-
- Realizing that the budgetary concerns often limit creative
- exploration, the panel emphasized the need to assist individual
- and group efforts for the creation of multimedia titles that
- extend the level of content beyond that of the volumes of
- titles now on the market.
-
- Some current titles, such as "Myst," were applauded as moving
- in the right direction, but the question of how to influence
- developers and the market to expand with greater and deeper
- content centered the discussions.
-
- (Patrick McKenna/1994/Press Contact: Pat Meier, Pat Meier
- Associates, tel, 415-957-5999)
-
-
- (NEWS)(GENERAL)(SFO)(00021)
-
- Personnel Changes Roundup 04/29/94
- PENN VALLEY, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- This is a
- regular feature summarizing company personnel changes not covered
- elsewhere by Newsbytes: Hewlett-Packard Asia Pacific, MECA
- Software Inc., Microsoft Corp.
-
- Hewlett-Packard Asia Pacific has appointed Jim Sherriff as
- general manager, Professional Services Organisation, Asia
- Pacific. As such, he will be responsible for the company's
- consulting activities in a region that stretches from Korea
- to India and New Zealand. Sherriff spent the last two years
- as general manager, workstations and channels for
- Hewlett-Packard Asia Pacific.
-
- MECA Software Inc., (212-995-2200), has announced that Paul D.
- Harrison has been named president of the company. Harrison, who
- had been with MECA since 1990 as both its chief operating officer
- and chief financial officer, will assume his new role immediately.
- The company also announced that Daniel M. Schley, who has served
- as the company's president and chief executive officer since 1987,
- has been named to the newly created position of vice chairman.
-
- Microsoft Corp., (800-426-9400), announced the promotion of
- Gregory Maffei to the position of treasurer and John Connors to
- that of corporate controller. Maffei and Connors will continue to
- report to Michael Brown, vice president of finance. In addition,
- the company announced the appointment of Carla Lewis to assistant
- treasurer and Scotts Boggs to assistant corporate controller.
-
- (Ian Stokell/19940429)
-
-
- (NEWS)(GENERAL)(SFO)(00022)
-
- Networking Roundup 04/29/94
- PENN VALLEY, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- This is a
- regular Friday feature, summarizing networking news not covered
- elsewhere by Newsbytes: NetManage, Novell, Oracle, Fast
- Ethernet Alliance, and National Semiconductor.
-
- NetManage, (408-973-7171), has released Socket Wrencher, a new
- Windows TCP/IP (Transmission Control Protocol/Internet Protocol)
- stress testing tool. Socket Wrencher is reportedly being released
- by NetManage for free distribution and will be posted on public
- information servers. It will be widely available for performance
- and stress testing new Windows TCP/IP implementations. Socket
- Wrencher is a WinSock application that provides more than two
- dozen different measures of protocol stack performance and
- compatibility, according to the company. Socket Wrencher
- reportedly tests a protocol stack independent of any particular
- application such as FTP, Telnet, or NFS. Performance is tested
- over TCP and UDP in both synchronous and asynchronous operation
- and in both a send only and echo mode. In addition to performance,
- Socket Wrencher provides a set of tests that characterize various
- operating parameters of a WinSock based protocol stack such as
- the maximum number of sockets that are available.
-
- On the legal front leading network operating system (NOS) vendor
- Novell Inc., (801-429-5804), announced it is filing lawsuits
- against two companies for allegedly pirating or illegally upgrading
- Novell's NetWare NOS software and reselling those upgrades as new
- product. Between the two cases, Novell estimates the number of
- illegal copies upgraded may reach the hundreds. In one lawsuit,
- Novell alleges that Aqua Systems, a Novell authorized reseller
- illegally upgraded Novel products on several occasions in direct
- violation of their signed Novell upgrade agreement. The other
- lawsuit charges that Digital Soft also illegally upgraded several
- serial numbers more than once. According to the suit, single serial
- numbers were repeatedly upgraded, resulting in at least 100 illegal
- upgrades.
-
- Oracle Corp., (415-506-6051), announced plans to provide Oracle7
- Parallel Server on the new IBM System/390 Parallel Transaction Server.
- According to the company, the release of the Oracle7 Parallel Server
- is planned to coincide with the release of the new IBM processors.
- This implementation of the Oracle7 Parallel Server reportedly exploits
- the Parallel Sysplex Architecture of the IBM S/390 Parallel
- Transaction Server by allowing multiple Oracle7 subsystems to share
- a single database. The implementation of this shared database
- capability is accomplished through the use of features provided
- by IBM in its S/390 Coupling Facility, OpenEdition MVS/ESA SP Version
- 5.1, and CICS/ESA Version 4 along with features inherent in the
- Oracle7 product, such as the Oracle Distributed Lock Manager, says
- the company.
-
- National Semiconductor, (408/721-6255), announced that its NWay
- auto-sensing protocol for Ethernet networks has received prime
- consideration from the IEEE 802.3 Task Force for inclusion in the
- upcoming Fast Ethernet Standard. National's NWay auto-sensing
- protocol is designed to alleviate the complexity associated with
- operating heterogeneous 802.3 Ethernet-type networks, says the
- company. NWay reportedly removes the need for hand-tweaking by MIS
- (management information systems) professionals, making network
- management easier. NWay allows Ethernet circuits to detect what
- kind of transmission scheme and speed are being used by the
- arriving Ethernet data. This allows Ethernet repeaters (hubs) to
- properly configure and manage the data, says the company.
-
- (Ian Stokell/19940429)
-
-
- (NEWS)(BUSINESS)(SFO)(00023)
-
- Company Results Roundup 04/29/94
- PENN VALLEY, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- This is a
- regular feature, summarizing company financial results not
- covered elsewhere by Newsbytes: Computervision Corp., Eastman
- Kodak Company, Northern Telecom, Mentor Graphics Corporation,
- Electronic Arts, Natural MicroSystems Corporation, CompUSA
- Inc., Creative Technology Ltd., Quarterdeck Office Systems Inc.,
- Symantec Corp., Xerox Corp., and Comshare Inc.
-
- Computervision managed to post a small net income for its first
- quarter. Profits were larger for camera film company Kodak
- and telephone firm Northern Telecom. Mentor managed to post
- income for the quarter, compared to a loss for the 1993 quarter
- on about the same amount of revenue. Not surprisingly, game
- company Electronic Arts posted a large increase in income.
- Natural MicroSystem revenue was up quite a bit, and the company
- managed a small income. However, computer superstore chain
- CompUSA posted a net income for its third quarter, but a loss
- for the nine months. Creative Technology posted good net income
- for the quarter and the year to date, but Quarterdeck only managed
- a loss on reduced sales. Other companies to turn previous losses
- into gains were Symantec and Comshare, while document company
- Xerox posted high income.
-
- Computervision Corporation, (617-275-1800), announced a
- profit for its first quarter ended April 3, 1994. For this year's
- first quarter, Computervision achieved operating income of $11.5
- million and net income of $0.5 million, or $0.01 per share, on
- revenues of $148.8 million. For the year ago first quarter ended
- April 4, 1993, which included not only software operations but
- also the workstation resale business which the company has now
- exited, Computervision had operating income of $3.5 million and
- a net loss of $10.4 million, or $0.22 per share, on revenues of
- $220.9 million.
-
- Eastman Kodak Company, (716-724-5802), reported first quarter
- sales of $3.59 billion and net earnings of $82 million, or $.25
- per share, in addition to posting sharply improved operating
- earnings. The 1994 first quarter sales were up 1% from $3.54
- billion last year, while earnings from continuing operations,
- before deducting an extraordinary item, were level with $94
- million, or $.29 per share, a year ago. Said Kodak Chairman,
- President and Chief Executive Officer George M. C. Fisher,
- "Earnings from operations in Imaging, Information and Health
- increased by 26%, growing from $294 million a year ago to $370
- million this year."
-
- Northern Telecom, (905-566-3178), reported results for
- the first quarter 1994. Revenues were $US2.00 billion, up three
- percent compared with $1.94 billion reported for the same period
- in 1993. Net earnings applicable to common shares were $87 million,
- or $.35 per share, compared with earnings of $74 million, or $.30
- per share for the same period last year. Included in the first
- quarter 1994 results was a one time net gain related to the
- disposition of the fiber optic manufacturing facility in Saskatoon
- of $72 million, or $.29 per share. Order input during the quarter
- was $1.74 billion, compared with $1.84 billion a year earlier,
- reflecting lower Bell Canada orders and the impact of the sale
- of STC Submarine Systems somewhat offset by strong international
- performance, said the company. Orders on hand at March 31, 1994,
- were $3.93 billion, up 11 percent over the prior year. Research
- and development expenses totaled $247 million, or 12.4 percent
- of revenues, for the first quarter compared with $256 million,
- or 13.2 percent, for the first quarter last year.
-
- Mentor Graphics Corporation, (503-221-1551), announced that
- worldwide revenues for the first quarter ending March 31, 1994
- were $84,451,000, compared to $82,639,000 for the first quarter
- of 1993. Earnings for the quarter were $3,792,000 ($.08 per share),
- compared to a net loss of $4,298,000 ($.09 per share), for the
- first quarter of 1993. Revenues for the fourth quarter of 1993
- were $83,770,000. The net loss for the fourth quarter of 1993
- was $29,555,000 ($.63 per share), and included a restructuring
- charge of $24,800,000. Mentor designs, manufactures, markets and
- distributes electronic design automation (EDA) software and
- provides professional services supporting its customers' design
- environments.
-
- Software company Electronic Arts, (415-513-7742), announced
- its operating results for the fourth quarter ended March 31, 1994.
- Revenues were $107,158,000 compared to $86,581,000 for the fourth
- quarter of the prior fiscal year, an increase of 24%. Net income
- for the quarter was $11,276,000, an increase of 31% from the
- $8,595,000 reported for the comparable period a year ago. Earnings
- per share were $0.23 compared to $0.17 for the fourth quarter last
- year. Revenues for the fiscal year ended March 31, 1994, were
- $418,289,000 compared to $298,386,000 for the same period last
- year, an increase of more than 40%. Net income for fiscal 1994 was
- $44,737,000, an increase of 45% from the $30,858,000 reported for
- the comparable period last year. Earnings per share were $0.90
- compared to $0.65 reported for the year-ago period. The company
- said that revenue growth in the March quarter was achieved
- primarily as a result of strong growth in software sales for
- CD-based platforms, such as the IBM PC and compatibles, the Sega
- CD, and the 3DO Interactive Multiplayer, and in Japan for the
- Super Nintendo Entertainment System (SNES). Revenues in North
- America and Japan increased 26% and over 140%, respectively.
- European revenues declined 13%, due to continued weakness in
- the videogame cartridge market, while Australian revenues also
- declined 12%.
-
- Natural MicroSystems Corporation, (508-650-1365), reported net
- income of $270,000 on a 40% increase in revenue for the first fiscal
- quarter ended March 31, 1994. Revenues for the first quarter of 1994
- were approximately $3,326,000 compared to $2,379,000 for the same
- period of 1993. Net income rose to $270,000, or $0.12 per share,
- compared to $41,000, or $0.02 per share in 1993. Weighted average
- shares were 2,253,059 for 1994 versus 1,817,548 for 1993. The
- company completed its initial public offering of 1,400,000 shares
- on February 17, 1994. The firm is a developer of PC-based digital
- signal processor voice processing applications.
-
- Computer superstore retailer CompUSA Inc., (214-383-4404),
- announced results for the fiscal 1994 third quarter and nine months
- ended March 26, 1994. For the fiscal 1994 third quarter, net sales
- increased 63.4 percent to $599.1 million from $366.5 million for
- the fiscal 1993 third quarter ended March 27, 1993. Operating income
- for the third quarter of fiscal 1994 increased 13.5 percent to $8.3
- million from $7.3 million in the third quarter of fiscal 1993. Net
- income decreased 21.7 percent to $3.4 million, or 18 cents per share,
- compared with $4.3 million, or 23 cents per share, in the prior year.
- For the first nine months of fiscal 1994, net sales increased
- 64.8 percent to $1.573 billion from $954.5 million for the first
- nine months of fiscal 1993. The net loss for the first nine months
- of fiscal 1994 was $3.2 million, or 17 cents per share, compared
- with net income of $8.5 million, or 47 cents per share, during the
- same period of fiscal 1993. Operating results for the first nine
- months of fiscal 1994 would have been net income of $2.9 million,
- or 15 cents per share, after exclusion of a restructuring charge.
-
- Multimedia product supplier Creative Technology Ltd.,
- (408-428-6600), announced its third quarter financial results
- for the quarter ended March 31, 1994. Sales for the third quarter
- of fiscal 1994 were $181.2 million compared with $74.5 million
- (+143%) for the same quarter last year. Sales for the nine months
- ending March 31, 1994, were $477.5 million compared to $204.2
- million (+134%) for the comparable period last year. Net income
- for the quarter was $28.0 million compared to a loss of $5.6
- million for the third quarter 1993. Net income for the nine months
- ended March 31, 1994, was $82.2 million compared to $27.0 million
- for the corresponding period of the prior year. Earnings per share
- were $0.63 compared to a loss of $0.14 for the third quarter last
- year. Earnings per share for the nine months ended March 31, 1994
- were $1.86 compared to $0.67 for the corresponding period last year.
- Results for the quarter and nine months ended March 31, 1993
- included a one-time charge of $22 million for the write-off of
- in-process technology due to the acquisition of E-mu Systems, Inc.
- Excluding this one-time charge, net income and EPS for the quarter
- and nine months ended March 31, 1993 would have been $16.4 million
- or $0.40 per share, and $49.0 million or $1.21 per share, respectively.
-
- Quarterdeck Office Systems Inc., (310-314-3232), reported net
- sales of $7.3 million for its second fiscal quarter ended March 31,
- 1994, down from net sales in the second fiscal quarter a year
- earlier of $10.3 million. The sales decline resulted in a net loss
- of $1.6 million, or $0.08 per share, compared with net earnings in
- the corresponding year-earlier period of $201,000, or $0.01 per share.
- For the first half of its fiscal year, Quarterdeck recorded net
- sales of $16.5 million vs. $22.4 million in fiscal 1993's first half.
- The net loss for the current six-month period amounted to $2.3 million,
- or $0.11 per share, contrasted to net earnings a year ago of $616,000,
- or $0.03 per share. Quarterdeck attributed the sales decline for the
- quarter primarily to reduced sales of its QEMM memory management
- product resulting from the introduction by Microsoft of MS-DOS 6.2
- in November 1993.
-
- Symantec Corporation, (408-446-8884), announced its financial
- results for the fourth fiscal quarter and fiscal year 1994, which
- ended on April 1, 1994. For the quarter, the company reported
- revenues of $69.9 million, an increase of 9% or $5.9 million
- compared to the March 1993 quarter. Earnings per share were $0.23
- compared with a loss of $0.28 per share in the March 1993 quarter.
- Revenues for fiscal year 1994 were $267.7 million compared to
- $257.5 million for fiscal year 1993. Income before non-recurring
- charges of $33.6 million associated with acquisitions, restructuring
- costs and settlement of class action lawsuits was $12.1 million, or
- $0.39 per share. The net loss including these charges was $0.37 per
- share. During fiscal year 1994, the company acquired Contact Software
- International Inc. and Fifth Generations Systems Inc.
-
- Income from Xerox Corporation's (203-968-3572), core document
- processing business in the first quarter was $131 million, a 5
- percent increase from $125 million a year ago. Excluding a one-time
- $17 million tax credit in the first quarter of 1993, document
- processing income was 21 percent higher in the 1994 first quarter.
- Document processing primary earnings per share were $1.07 in the
- first three months of 1994, compared with $1.12 in the corresponding
- 1993 quarter. Fully diluted earnings per share were $1.04 in the
- first quarter against $1.08 in the 1993 period. Revenues from
- the company's digital products grew 21 percent on a pre-currency
- basis and represented 19 percent of total revenues. Black-and-white
- copier revenues, which represented about two-thirds of document
- processing revenues, increased 3 percent before currency over the
- comparable 1993 period.
-
- Comshare Incorporated, (313-769-6177), reported improved
- earnings per share of 2 cents for its third quarter ended March 31,
- 1994. A year ago the company had reported a net loss of 63 cents
- a share for the third quarter, including a 24 cent a share charge
- for restructuring and staff reductions. Revenue for the third
- quarter was $23.2 million, compared with $23.4 million in the same
- quarter last year. Software license revenue during the quarter
- increased 14 percent, to $9.2 million, over the third quarter of
- 1993. License revenue from the personal computer-based software
- that comprises the client/server side of Comshare's business grew
- 58 percent, to $7.7 million, representing a record 84 percent of
- the company's software license revenue during the quarter. This
- growth was partially offset by a 53 percent decline, to $1.5
- million, in mainframe and other software license revenue compared
- with the same quarter last year. Overall revenue from personal
- computer (PC) software (license and maintenance fees) increased
- 37 percent to $12.2 million, compared with $8.9 million for the
- same quarter last year. PC software revenue from the company's
- LAN-based EIS applications increased 147 percent over the same
- quarter last year. PC software revenue also increased in the
- company's other application specialties, with ARTHUR information
- systems for retail merchandisers up 48 percent, and Commander
- FDC and Budget financial systems up 24 percent, over the same
- quarter last year.
-
- (Ian Stokell/19940429)
-
-
- (NEWS)(GENERAL)(SFO)(00024)
-
- Int'l Artists Rights Symposium In Los Angeles 04/29/94
- LOS ANGELES, CALIFORNIA, U.S.A., 1994 APR 29 (NB) -- The
- International Artists Rights Symposium has been going on at
- the Hotel Nikko in Los Angeles since Wednesday, and will
- end today. The forum was intended to address legal, moral and
- ethical concerns surrounding the protection of original
- motion picture work and historic preservation.
-
- A company spokesperson told Newsbytes that attendence was
- "through invitation only."
-
- Silicon Graphics is listed as a major sponsor of the
- symposium which was designed to "encourage discussion and
- awareness in the issues relating to technological advancements
- in the film industry."
-
- Newsbytes notes that computers, and especially graphics-oriented
- workstations from such vendors as Silicon Graphics, are being
- used increasingly to create and manipulate film images.
-
- On the subject or artist rights, Harry Pforzheimer, director of
- corporate communications at Silicon Graphics, said: "As we grow
- more capable of fostering the creation of virtual characters and
- enhanced realities, serious consideration must be paid to
- protecting the integrity of original work. We must recognize the
- collective interest in preserving what has come before us, with
- a similar enthusiasm for what can conceivably be created in the
- future."
-
- Computer-generated special effects are used increasingly in film,
- Newsbytes notes, because they are usually a great deal less
- expensive than the real thing. But it is not just explosions and
- morphing where they have found a niche. Even in television they
- are used for cost-cutting. There are numerous examples on both
- television and film, where a crowd scene is generated using
- computers. A small group of "real" people can be duplicated
- many-fold in order to give the impression of a large crowd. The
- technique cuts down on the need for hordes of extras, and the
- need for accompanying expensive costumes and accessories.
-
- Silicon Graphics says that its industry partners, such as Industrial
- Light & Magic, which created the dinosaurs for Steven Spielberg's
- "Jurassic Park" on Silicon Graphics workstations, and Cinesite,
- which used computers to restore the animated classic "Snow White"
- to Disney's original specifications, have compelled technological
- advancements that can be applied in other markets.
-
- Said Gary Lauer, senior vice president of North American field
- operations for Silicon Graphics and a featured speaker at the
- symposium, "The entertainment industry now drives technological
- advancements in the 1990s in much the same way that the
- military provided impetus for technological developments in the
- 1960s."
-
- He concluded: "As more creative work is performed digitally, and
- a broader range of industries adopt computer-aided and
- collaborative design methods, issues of the original creators'
- rights will become ever more complex and important."
-
- (Ian Stokell/19940429/Press Contact: Ashley Mooser,
- 415-390-2863, Silicon Graphics)
-
-
- (NEWS)(IBM)(DEN)(00025)
-
- Microsoft Signs Independent Windows App Usability Tester 04/29/94
- REDMOND, WASHINGTON, U.S.A., 1994 APR 28 (NB) -- Microsoft
- Corporation has signed an agreement with a Swedish company to
- provide testing of Windows-compatible applications.
-
- The company says the testing, which will be based on an
- established usability standard, will be done by Nomos Management
- AB, a Stockholm company. It will evaluate the usability of
- Windows-based applications from independent software developers,
- consultants, and other sources. Microsoft says long-term
- expectations for the program include a significant improvement in
- information technology return on investment.
-
- Microsoft already operates its own usability lab on its Redmond,
- Washington campus. That lab was established in 1988, and puts
- Microsoft products through usability testing throughout the entire
- development phase.
-
- Mark Simpson, Microsoft's Usability group manager, told Newsbytes
- usability testing is done to collect empirical data about how
- users interact with software. That information is used to guide
- the development team as they create or revise software.
-
- Microsoft tests both corporate and home users at their work site,
- to see what kind of work they are doing with computers. It also
- brings users in to its usability lab and asks them do the type of
- tasks the software is designed to perform. "We feed that information
- back to the product team so they can revise the design in-process,"
- Simpson explained to Newsbytes.
-
- Simpson said Microsoft also uses a "thinking aloud" technique that
- has two users working together with a piece of software,
- articulating what they are doing. "We learn a lot that way," he
- says. The company also has two people work together to see if they
- can figure out how to work with the software without any
- instruction.
-
- (Jim Mallory/19940429/Press contact: Beverley Flower, Microsoft
- Corporation, 206-882-8080; Reader contact: Microsoft Corporation,
- 206-882-8080 or 800-426-9400)
-
-
- (NEWS)(GOVT)(DEN)(00026)
-
- Tax Forms, Help Online By 2000 04/29/94
- WASHINGTON, D.C., U.S.A., 1994 APR 28 (NB) -- Tax forms and
- instructions will be available via your PC and people with simpler
- returns won't even have to file a return by the year 2000.
-
- "Millions of Americans will barely know that the filing season has
- come and gone." That's the prediction of IRS Commissioner Margaret
- Milner Richardson. She made her remarks on April 15th, the final day
- to file this year's return or a request for extension, and
- apparently the day she put her own Form 1040 in the mail.
- Richardson said she hired a tax expert, apparently not her tax
- attorney husband, to prepare her return.
-
- "Virtually everything you will need for filing your returns in the
- future can be available to you right from your home computer,"
- Richardson told the National Press Club. She also said forms and
- instructions will be available right up to the last minute by the
- end of the century.
-
- If you suffer from computer phobia and continue to file a paper
- return, the IRS expects to have electronic scanning equipment to
- handle those documents. "You will be able to call with a question
- about your return right after you file it, while it's still fresh in
- your mind instead of waiting two or three months for your return to
- work its way through the system," says Richardson.
-
- Many taxpayers will undoubtedly welcome the changes, as well the
- post office. Its employees won't have to stand at the curb until
- midnight each April 15th accepting returns by procrastinators. But
- defenders of individual privacy may not be as happy.
-
- Richardson says taxpayers who are used to filing forms 1040A and
- 1040EZ won't have to file any kind of return, since the IRS will
- have all the information about their income and credits in its
- computer and will just send a bill or issue a refund check
- automatically. Refunds will be able to be deposited directly in
- a taxpayer's bank account.
-
- The commissioner is aware of the privacy issues its plan raises, and
- says the agency is hiring a privacy advocate to ensure those
- concerns are considered in designing new systems. "We won't tolerate
- even one (IRS) employee who violates a taxpayer's right to privacy."
-
- The IRS handles an estimated half-million calls for information on
- the last day of the filing season, and says about 10 million
- people drop their returns in a mailbox on that day. Another five to
- six million mail requests for extension. If you ask for an
- extension, that only extends the date your return has to be mailed.
- The request form has to be accompanied by a check for 90 percent of
- the tax you are expected to pay that year.
-
- Richardson says the last minute rush is nothing new. In the first
- year tax returns were required - 1914 - a front page story in the
- New York Times talked about stragglers braving a blizzard to reach
- the Bureau of Internal Revenue offices.
-
- (Jim Mallory/19940429/Press contact: Internal Revenue Service,
- 202-622-5000)
-
-
- (NEWS)(TRENDS)(BOS)(00027)
-
- ****Where Are Multimedia Interfaces Moving? 04/29/94
- BOSTON, MASSACHUSETTS, U.S.A., 1994 APR 29 (NB) -- What kinds of
- "metaphors" should be used in hypermedia interfaces? How can
- designers do a better job of creating multimedia interfaces that
- "support the users' tasks?" These were a few of the questions
- raised in "Designing Presentation in Multimedia Interfaces," a
- session at CHI (Computer-Human Interaction) '94 that also featured
- demos of a multimedia interface for city planning and "StarFire,"
- a futuristic video by SunSoft.
-
- The hypermedia interface should be based on an "organizational
- metaphor," plus at least one "functional metaphor," recommended
- Kaisa Vaananen of ZGDV - Computer Graphics Center. A "navigational
- metaphor" is optional, she added, in a presentation on a paper, co-
- written with Jens Schmidt, called "User Interfaces to Hypermedia -
- How to Find Good Metaphors?"
-
- "Organizational metaphors" give an "overall structure" to the
- interface, Vaananen explained. A house, a library, a UFO
- (unidentified flying object), and a fairy tale are some examples.
-
- "Functional metaphors" have to do with "what you do when you get
- there," according to the interface expert. The user might click on
- windows to see inside the rooms of a house, or more elaborately,
- take an elevator between floors of a library, stand between the
- library shelves, take down books, and click on the tables of
- contents to view the documents inside, she said.
-
- In contrast, "navigational metaphors," such as the "guided tour" or
- the historical metaphor, provide a framework for "how you get
- there," she maintained.
-
- In deciding which metaphors to use, designers should ask themselves
- such questions as whether the metaphors will be "abstract" or
- "concrete," whether the presentation should be 2-D (two-
- dimensional), "2-and-a-half-D," or 3-D (three-dimensional), and
- whether the metaphor itself will become a "distracting function."
-
- Users sometimes find that, after an initial period of intrigue with
- an interface, the metaphor actually "gets in the way" of a software
- program, Vaananen elaborated.
-
- Alistair Sutcliffe of the City University in London, another
- speaker, told the audience that the current "intuitive" approach to
- multimedia interface design does not always result in interfaces
- that "support the users' tasks."
-
- Sutcliffe then outlined a rules-based "demonstrator" approach,
- based on "theoretical and empirical studies in empirical
- psychology," that he developed in conjunction with City
- University's Peter Faraday for use in Esprit's "Intuitive," a
- program that is working on establishing "intelligent interfaces"
- for multimedia databases.
-
- Sutcliffe and Faraday used the "demonstrator" approach to develop
- an emergency decision support system aimed at helping captains of
- ships to manage hazards like fire, collision, and chemical
- spillage. The decision support system that resulted from the design
- process was then used and evaluated by ship captains.
-
- The "demonstrator" model begins with a task analysis, which is
- followed by a resource analysis, presentation scripting, media
- selection, and finally, the selection of presentation techniques,
- according to Sutcliffe.
-
- The approach, he said, is meant to "provide appropriate information
- for human decision-making," rather than to "automate the task per
- se."
-
- The ship captains' responses to the interface that came out of the
- project was "favorable," reported Sutcliffe and Faraday, in a paper
- on the project. The captains thought that the information and media
- types selected were "appropriate." The use of video was "well
- received."
-
- Some of the ship captains, though, told the researchers that the
- interface might contain too many "instructions and captions as well
- as images showing directions," and expressed doubts "about whether
- they would have time to consider all the data in a time critical
- emergency."
-
- Michael J. Shiffer of MIT showed the crowd a "geographically based"
- multimedia interface he developed for use in city planning in
- Washington, DC. Within the city planning process, he explained,
- questions often arise over the actual impact of a "proposed
- intervention" such as a new building.
-
- The traditional approach to city planning is to "spread maps out on
- a table," said Shiffer. "If they're lucky, they'll have photos."
-
- Other computer-based approaches have been previously available for
- city planning, such as predictive models and geographic information
- systems (GIS), he noted. "But it is often difficult to use these,
- especially in a group setting."
-
- The interface designed by Shiffer lets users insert photos and
- videos of the proposed intervention into the site where the
- building will be located. Users can view the site from different
- levels and angles on the street, see the effects of shade and the
- four seasons of the year, take a "drive-by" of the site, or "fly"
- over the site in an aerial view.
-
- Users can also plot "before" and "after" street traffic on
- graphical charts, and simulate the amount of added noise that will
- be generated, by distance from the site.
-
- In another demo, Bruce Tognazzini of SunSoft aired "StarFire," a
- video demo designed to show SunSoft engineers the kind of interface
- that might emerge for a real proposed computer system at SunSoft.
-
- "StarFire" displays the use of advanced techniques like gestural
- and speech interaction, wide-screen flat panel video displays,
- real-time videoconferencing, and "smart" agents in a story based
- around a product leader's development of a new luxury sports car
- for a major auto manufacturer.
-
- In a paper on "StarFire," Tognazzini writes that it was important
- for the demo to show how these technologies would really be useful
- to human beings. As a result, the heroine of the film, Julie, is
- placed on a situation where she is "saved" by technology.
-
- Near the end of the video, Julie's rival at the car company, Mike
- sends a memo to the CEO of the firm claiming that Julie's car is
- not ready, and suggesting that his new sedan should be moved up to
- take the place of Julie's car for fall release in the company's
- production schedule.
-
- The CEO then calls an emergency meeting, and Julie has five hours
- in which to put together a presentation for the board of directors.
- At the conclusion of the presentation, Mike claims that luxury cars
- only sell well during the summer months. As ammunition, he shows an
- article from "AutoWeek" reporting a sales drop for a competing car
- in the fall.
-
- But Julie rises to the occasion, accessing a multimedia database to
- instantly retrieve other articles indicating that the drop in sales
- for the competing car resulted from the "Great Earthquake of 2004,"
- rather than from cooler fall weather.
-
- (Jacqueline Emigh/19940429/Reader and Press Contact: Rosemary Wick
- Stevens, CHI '94, 415-328-3600)
-
-
- (NEWS)(GOVT)(LON)(00028)
-
- China Cracks Down On Pirate CDs 04/29/94
- BEIJING, CHINA, 1994 APR 29 (NB) -- China has cracked down on the
- booming trade in pirate audio and computer CDs after pressure from
- the West.
-
- As the US government announced that the level of piracy in China
- had reached unacceptable levels and trade sanctions were under
- consideration, earlier this month Chinese police raided
- more than 400 stores in five cities across the country.
-
- In the much publicized raid campaign, officials said they had seized
- more than 53,000 pirated CDs, 2,700 pirated cassette tapes and almost
- 100 forged laser discs. As a result of the seizures, Chinese officials
- say that a number of raids on manufacturers are planned.
-
- The police action was ordered by the ruling Communist Party, which
- said pirates would be severely punished, the official Xinhua News
- Agency said.
-
- The order comes just weeks after the International Federation of
- Phonographic Industry accused China of exporting tens of millions of
- pirated audio and computer CDs to the West, so threatening to destroy
- the world's legitimate CD industry. The group has asked the US and
- European Union to pressure China to curb the illegal activity.
-
- The US warned China last December that it was on a "priority
- watch list" and could face trade sanctions for widespread
- copyright and trademark violations, including CD piracy.
-
- In just two years, the number of CD production lines in China has
- gone from just one to more than 30, producing nearly 100 million
- discs a year, according to the Chinese government. Since the
- domestic market for discs, both audio and computer, is five
- million a year, the remaining 95 million find their way abroad.
-
- As a result of the crackdown, Chinese CD manufacturers must
- now be approved by the State Office for Press and Publications.
- Local governments have until the end of May to report to
- Beijing on all unauthorized CD production lines in their
- territories.
-
- (Sylvia Dennis/19940429)
-
-
- (NEWS)(APPLE)(LON)(00029)
-
- UK - Survey Shows Power Mac "Trouncing" Pentium 04/29/94
- UXBRIDGE, MIDDLESEX, ENGLAND, 1994 APR 29 (NB) -- A new study claims
- to have found that all three of Apple Computer's new Power Mac
- computers can outrun a Pentium-based system which is running
- Windows.
-
- The study, which was completed by Ingram Laboratories, an independent
- PC testing company, measured performance on 25 different "every day
- tasks" including opening files, scrolling screens and spell checking.
-
- "The results are conclusive: Power Mac systems beat Pentium processor
- based systems, hands down. What's more, they're easier to use, cost
- less and with SoftWindows software from Insignia Solutions, they can
- run DOS and Windows as well as Mac applications," explained Ian Diery,
- executive vice president and general manager of Apple's personal
- computer division. "These results give DOS and Windows users
- even more reason to consider switching to Mac."
-
- According to Diery, the Ingram Labs study found: the
- Apple Power Mac 8100/80 outperformed a 66 megahertz (MHz) Pentium
- processor-based computer by an average of 54 percent;
- the Apple Power Mac 7100/66 outperformed a 66MHz Pentium
- processor-based PC by an average of 38 percent;
- the Apple Power Mac 6100/60 outperformed a 66MHz Pentium
- processor-based computer by an average of five percent and
- beat a 60MHz Pentium processor-based computer by an average
- of 24 percent.
-
- Ingram ran a total of 25 tests incorporating four applications: Adobe
- Photoshop, Aldus Freehand, Frame Technology Framemaker and Fractal
- Design Painter. Aldus Freehand and Frame Technology Framemaker were
- beta software versions for the Power Mac, Newsbytes notes.
-
- Data from the Ingram study was combined with independent pricing
- research to produce what Apple claims is confirmation that Power Mac
- systems offer the best price/performance value in the mainstream PC
- market today.
-
- According to Apple, the data from these sources demonstrated that the
- Power Mac offers customers significant price and performance
- advantages over comparably equipped Pentium processor-based PCs from
- several leading suppliers. The study cites the example of the Power
- Mac 6100/60, which it claims is priced at least $1,000 less than a
- compatible 60MHz Pentium processor-based PC, but is 24 percent faster
- on the tasks measured.
-
- (Steve Gold/19940429/Press & Public Contact: Apple Computer - Tel:
- +44-81-730-2480)
-
-
- (NEWS)(IBM)(LON)(00030)
-
- UK - Gateway 2000 Launches New Pentium PCs 04/29/94
- DUBLIN, IRELAND, 1994 APR 29 (NB) -- Gateway 2000 Europe has
- announced two further additions to its Pentium range -- the P5-90 and
- the P5-90 Executive. Both machines are based around the 90 megahertz
- Pentium processor.
-
- Both machines also include a double speed compact disc read-only
- memory (CD-ROM) and 650-megabyte (MB) hard disk, as well as PCI
- (personal computer interface) local bus graphics. Volume shipments
- are expected next week.
-
- "The Pentium market is one of our strongest areas and these machines
- offer our customers even greater choice at the top of our range," said
- David Pais, the company's European marketing manager, who added: "The
- PCI Local Bus, combined with fast graphics cards and the 90MHz Pentium
- processor will give users stunning performance at great value
- prices."
-
- The P5-90 Executive comes fully configured with 16MB of memory, a
- double speed CD-ROM drive, PCI "fast" IDE interface and a 17-inch
- color Crystalscan monitor. It also includes a 16-bit sound card with
- premium speakers within its UKP 2,999 price tag. Software bundled with
- the machine includes DOS 6.2, Windows for Workgroups 3.11 and the
- Microsoft Office suite of applications.
-
- The P5-90, meanwhile, has a similar specification but with a 15-inch
- color CrystalScan monitor within its UKP 2,499 price tag. In place of
- Office, however, a choice of Microsoft or Borland's products are
- offered.
-
- (Steve Gold/19940429/Press & Public Contact: Gateway 2000 - Press
- Contact - Text 100 - Tel: +44-81-242-4180; Public Contact - Gateway
- 2000 - tel: 0800-552000)
-
-
- (NEWS)(GENERAL)(MSP)(00031)
-
- Newsbytes Daily Summary 04/29/94
- MINNEAPOLIS, MINNESOTA, U.S.A., 1994 APR 29 (NB) -- These are
- capsules of all today's news stories:
-
- 1 -> ****Dangerous, New Trojan Horse Virus Found On Internet
- 04/29/94 A new "Trojan Horse" computer virus is on the Internet and
- is labeled with the name of the fourth largest manufacturer of
- compact disc read-only memory (CD-ROM) drives. Chinon America,
- Incorporated, the company whose name has been improperly used on the
- rogue program, is warning IBM and compatible personal computer (PC)
- users to beware of the program known as "CD-IT.ZIP."
-
- 2 -> Australia - Telecom Demo Embarrassment 04/29/94 Australian
- carrier Telstra (Telecom Australia) demonstrated a new service to
- journalists in Sydney on Tuesday. At least, it tried to demonstrate
- it.
-
- 3 -> Japan - MITI To Promote Internet Usage 04/29/94 The Japanese
- Ministry of Posts & Telecommunication will set up an Internet
- Committee in May to promote the use of the Internet in Japan and the
- Asia-Pacific regions.
-
- 4 -> Japan - MPEG Alliance 04/29/94 Sixty major electronics firms
- have agreed to exchange technical and patent information on the data
- compression technology called MPEG. MPEG is a data compression and
- decompression technology for multimedia data.
-
- 5 -> PRC Wins $75 Million FBI Fingerprint Contract 04/29/94 PRC of
- McLean, Va., has won an eight-year, $75 million contract for a major
- component of the Federal Bureau of Investigation's new automated
- fingerprint identification system. PRC will provide the
- identification tasking and networking portion of the system.
-
- 6 -> Cellular Service Comes To DC Subway 04/29/94 Washington's
- workaholics are cheering. They can now use their portable telephones
- while underground in the subway system, locally known as Metro.
-
- 7 -> HKTel Offers Videoconferencing On PCs With Windows 04/29/94 HK
- Telecom CSL has added a new dimension to its VideoNet
- videoconferencing service with the introduction of the PCS 100 - a
- simple upgrade kit that can transform a standard Windows-equipped PC
- into a high-quality personal videoconferencing system.
-
- 8 -> Correction - Apple Trade-In Program 04/29/94 In the story "Apple
- Trade-In Program Takes HP, Compaqs, IBM" that ran April 27, 1994,
- Newsbytes inadvertently left out the toll-free number where users can
- locate Apple resellers who are participating in the Apple Trade-in
- program. That number is 800-538-9696.
-
- 9 -> ****3Com Chief Says Data Nets Driving Asian Growth 04/29/94 The
- development of an information superhighway infrastructure in Hong
- Kong and the rest of Asia will be a key driver of economic growth
- in the early 21st Century, a meeting of the territory's largest
- corporate telecommunications users was told today.
-
- 10 -> Canadian Debit Card System Expands 04/29/94 The Interac
- Association, a group of Canadian banks and other financial
- institutions, has expanded its Interac Direct Payment debit-card
- system to the province of Ontario. The service, already available in
- Quebec and Western Canada, is also to be expanded to the four
- Atlantic Provinces shortly, the association said.
-
- 11 -> Carrera 275MHz Processing Powered System 04/29/94 Just when it
- seems comfortable to be talking 60, 90 and 100 MHz (megahertz)
- processing power with RISC (reduced instruction set computer) and
- Pentium processors, Carrera is beginning to ship initial volumes of
- Digital Equipment's Alpha AXP 21064A 275MHz chip in a Cobra AXP 275
- workstation.
-
- 12 -> Slumping Jostens Sales Reflect New School Computing Focus
- 04/29/94 Integrated learning systems, in which companies lease
- hardware and software to schools for specific teaching tasks, was
- the chief growth area for educational technology in the late 1980s.
- Now the pattern has definitely changed, as shown by a market
- leader's latest earnings release, and its reaction to it.
-
- 13 -> Prentice Hall Units For Sale 04/29/94 As part of efforts by
- parent Viacom to raise cash and acquire it, Paramount Publishing
- will sell six publishing companies that do not hold a leadership
- position. Four of the companies were part of a planned deal with
- Information America Inc., of Atlanta last year, under which
- Paramount would have acquired a 49 percent stake in the smaller
- online services company.
-
- 14 -> America Online Results Strong 04/29/94 America Online reported
- another very strong quarter. It said it earned $1.824 million on
- sales of $29.188 million for the quarter ending in March, more than
- double the same figures from a year earlier.
-
- 15 -> First Dial-Up Picture And MPEG Video Clip Service 04/29/94 A
- start-up called Opus Global Inc., has launched the Electronic
- Library, the first dial-up picture and video clip service, using a
- proprietary video server previously used by the military.
-
- 16 -> Online Service Helps Defense Contractors Go Civilian 04/29/94
- Telescan's Knowledge Express unit closed a previously announced
- contract award with the Department of Energy to create a new online
- service on technology transfers.
-
- 17 -> Murdoch Buys Interactive Games Maker 04/29/94 Media tycoon
- Rupert Murdoch's News Corp., has purchased Kesmai Corp., a maker of
- multiplayer games based in Virginia. The purchase was made through
- Delphi Internet Services, an indirect News Corp., subsidiary.
-
- 18 -> Computervision Has A Ford In Its Future 04/29/94 A
- Massachusetts company says it has been awarded a $3 million contract
- by the Ford Motor Company, and has named a new VP of worldwide sales.
-
- 19 -> Compaq To Showcase Newest Systems at Networld/Interop 04/29/94
- Compaq Computer Corporation says it will highlight its newest
- desktop, server and portable computers at next month's
- Network/Interop trade show.
-
- 20 -> SF Multimedia Group Holds "Killer Content" Seminar 04/28/94
- Multimedia Development Group (MDG), beginning its second year with
- more than 500 members, delivered its "Killer Content" seminar,
- hosted by Pacific Bell.
-
- 21 -> Personnel Changes Roundup 04/29/94 This is a regular feature
- summarizing company personnel changes not covered elsewhere by
- Newsbytes: Hewlett-Packard Asia Pacific, MECA Software Inc.,
- Microsoft Corp.
-
- 22 -> Networking Roundup 04/29/94 This is a regular Friday feature,
- summarizing networking news not covered elsewhere by Newsbytes:
- NetManage, Novell, Oracle, Fast Ethernet Alliance, and National
- Semiconductor.
-
- 23 -> Company Results Roundup 04/29/94 This is a regular feature,
- summarizing company financial results not covered elsewhere by
- Newsbytes: Computervision Corp., Eastman Kodak Company, Northern
- Telecom, Mentor Graphics Corporation, Electronic Arts, Natural
- MicroSystems Corporation, CompUSA Inc., Creative Technology Ltd.,
- Quarterdeck Office Systems Inc., Symantec Corp., Xerox Corp., and
- Comshare Inc.
-
- 24 -> Int'l Artists Rights Symposium In Los Angeles 04/29/94 The
- International Artists Rights Symposium has been going on at the
- Hotel Nikko in Los Angeles since Wednesday, and will end today. The
- forum was intended to address legal, moral and ethical concerns
- surrounding the protection of original motion picture work and
- historic preservation.
-
- 25 -> Microsoft Signs Independent Windows App Usability Tester
- 04/29/94 Microsoft Corporation has signed an agreement with a Swedish
- company to provide testing of Windows-compatible applications.
-
- 26 -> Tax Forms, Help Online By 2000 04/29/94 Tax forms and
- instructions will be available via your PC and people with simpler
- returns won't even have to file a return by the year 2000.
-
- 27 -> ****Where Are Multimedia Interfaces Moving? 04/29/94 What
- kinds of "metaphors" should be used in hypermedia interfaces? How can
- designers do a better job of creating multimedia interfaces that
- "support the users' tasks?" These were a few of the questions raised
- in "Designing Presentation in Multimedia Interfaces," a session at
- CHI (Computer-Human Interaction) '94 that also featured demos of a
- multimedia interface for city planning and "StarFire," a futuristic
- video by SunSoft.
-
- 28 -> China Cracks Down On Pirate CDs 04/29/94 China has cracked down
- on the booming trade in pirate audio and computer CDs after pressure
- from the West.
-
- 29 -> UK - Survey Shows Power Mac "Trouncing" Pentium 04/29/94 A new
- study claims to have found that all three of Apple Computer's new
- Power Mac computers can outrun a Pentium-based system which is
- running Windows.
-
- 30 -> UK - Gateway 2000 Launches New Pentium PCs 04/29/94 Gateway
- 2000 Europe has announced two further additions to its Pentium range
- -- the P5-90 and the P5-90 Executive. Both machines are based around
- the 90 megahertz Pentium processor.
-
- (Wendy Woods/19940429)
-
-
-