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Dateline: July 3, 1997

QMS (Mobile, AL, combines Sherpa's (Milpitas, CA, PIMS product imagination management PDM solutions software with Spicer's (Kitchener, Ontario, Imagenation imaging software

Mitek (San Diego, CA, 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, signs contracts with six healthcare, petrochemical, transportation and manufacturing companies to install its IMAGE document management and retrieval system

Cornerstone (San Jose, CA, 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, names former Indigo America product manager Merrill Clark as the newest Senior Consultant for its On Demand Printing service

Photomatrix (San Diego, CA, 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, 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, releases its RasterNote Annotation Toolkit application development software for Windows 3.x and Windows 95/NT

TSW International (Atlanta, GA,, Indus Group (San Francisco, CA, sign merger agreement; Indus shareholders to have majority ownership of the new enterprise systems, software and services company

Wood Associates (Boulder Creek, CA,, Cardiff Software (San Marcos, CA, team up for nationwide data collection seminar series; the "Total Data and Document Collection" seminars start September 2 in Los Angeles

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