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  • August 1, 1997
  • News

Dateline: August 1, 1997

Top Image Systems (TiS) (Ramat Gan, Israel, http://www.tis.co.il) reports Q2 '97 net income of $86,702, up from $35,773 in Q2 '96; revenues of $995,243 up 65% from Q2 '96 revenues

Quark (Denver, CO, http://www.quark.com) to spend $200 million to increase its presence in client-server, Internet, publishing and education technologies

SoftNet Systems (Lake Forest, IL, http://www.softnet.com) appoints Ronald Simon as chairman and Johann Oosthuizen as Chief Executive Officer, replacing retiring ex-chairman and CEO John McDonough

Star Technologies (Sterling, VA, http://www.star.com) sells off its MIMS medical imaging technology to CompuRAD (Tuscon, AZ, http://www.compurad.com), acquires Intrafed's (Potomac, MD, http://www.intrafed.com) PowerScan and StageWorks imaging technologies in a bid to enter the broader document imaging market

Proctor & Gamble chooses Lotus' (Cambridge, MA, http://www.lotus.com) Notes, Domino and Domino.Doc to provide electronic messaging, workflow, groupware and intranet solutions

Docucon (San Antonio, TX, http://www.docucon.com) reports Q2 '97 financial results: revenues down 20% from Q2 '96, to $2,688,577; net income of $50,411 compares with $198,965 in Q2 '96

MCI Systemhouse (Atlanta, GA, http://www.systemhouse.com) named as a reseller for IntraNet Solutions' (Eden Prarie, MN, http://www.intranetsol.com) Intra.doc! document management system

Siemens Nixdorf (Mississauga, Ontario, http://www.sni.com) signs agreement to link Overland Data's (San Diego, CA, http://www.overlanddata.com) LXB7110 and LXB7210 LibraryXpress data storage products with its WinNT and UNIX servers

Novell (Provo, UT, http://www.novell.com) and MetaStorm (Orem, UT, http://www.metastorm.com) jointly release Informs Version 4.2 enterprise business process automation software

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