Dateline: July 3, 1997
QMS (Mobile, AL, http://www.qms.com) combines Sherpa's (Milpitas, CA, http://www.sherpa.com) PIMS product imagination management PDM solutions software with Spicer's (Kitchener, Ontario, http://www.spicer.com) Imagenation imaging software
Mitek (San Diego, CA, http://www.miteksys.com) reports anticipated Q3 ‘97 revenue shortfall of 7 to 10 cents per share; potential losses attributed to delays in finalizing customer orders
1mage Software (Englewood, CO, http://www.1mage.com) signs contracts with six healthcare, petrochemical, transportation and manufacturing companies to install its IMAGE document management and retrieval system
Cornerstone (San Jose, CA, http://www.corimage.com) reports anticipated lower-than-expected Q2 '97 revenues, nearly 10% lower than Q2 '96; software division continues to grow, predicting another quarter of record revenue
Cap Ventures (Marshfield, MA, http://www.capv.com) names former Indigo America product manager Merrill Clark as the newest Senior Consultant for its On Demand Printing service
Photomatrix (San Diego, CA, http://www.photomatrix.com) announces Q4 '97 and YE '97 financial results: revenues from both Q4 and YE '97 fall short of, net losses exceed 1996 figures; shortfalls attributed to relocation of U.S. headquarters, price concessions in document scanner OEM agreement
Former 3DO senior VP John Orcutt tabbed by ConsenSys Software (San Jose, CA, http://www.consensoft.com) as president and CEO; David Hurwitz, founder and outgoing CEO, named as CTO and chairman of the board for PDM software developer
Snowbound Software (Newtonville, MA, http://www.snowbnd.com) releases its RasterNote Annotation Toolkit application development software for Windows 3.x and Windows 95/NT
TSW International (Atlanta, GA, http://www.tswi.com), Indus Group (San Francisco, CA, http://www.indusgroup.com) sign merger agreement; Indus shareholders to have majority ownership of the new enterprise systems, software and services company
Wood Associates (Boulder Creek, CA, http://www.woodassociates.com), Cardiff Software (San Marcos, CA, http://www.cardiffsw.com) team up for nationwide data collection seminar series; the "Total Data and Document Collection" seminars start September 2 in Los Angeles