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  • August 8, 1997
  • News

Dateline: August 8, 1997

Interleaf (Waltham, MA, http://www.interleaf.com) reports Q1 '98 financial results: net profit of $.4 million compares with $3.8 million in losses in Q1 '97; revenues of $12.8 million compare with $19.1 million in Q1 '97

Inference (Novato, CA, http://www.inference.com) introduces the Knowledge Management Solutions bundle of products, training and support services for the enterprise, Internet and Intranet

Siemens ElectroCom (Arlington, TX, http://www.electrocomimaging.com) signs Optical Laser (Huntington Beach, CA, http://www.opticallaser.com), New Wave Technologies (Gaithersburg, MD, http://www.newwave.com) and Nissho Electronics (Irvine, CA) to distribute its IntelliScan scanner product line

GTX (Phoenix, AZ, http://www.gtx.com/gtx) licenses its GTXImage CAD raster editing and conversion software for use with Colortrac's (Cambridgeshire, UK, http://www.colotrac.com) Scan Manager CREaTE Tools large format scanning products

Macola (Marion, OH, http://www.macola.com unveils the Progression Series EDI Version 3.0 Windows-based electronic data transfer software solution

Imnet (Atlanta, GA, http://www.imnet.com) announces Q4 and YE '97 financial results: Q4 '97 revenues up 36% from Q4 '96, YE revenues up 71%; Q4 '97 net income of $3.3 million down $100,000 from Q4 '96, YE net income of $9.6 million up from $4.3 million in '96

Wang (Billerica, MA, http://www.wang.com) selected as part of Lucent Technology's (Maitland, FL, http://www.lucent.com) ViViD Contract team to provide network integration and management services for the U.S. Navy

Wausau Financial Systems (Mosinee, WI, http://www.wausaufs.com) acquires SoftCHEC (Kirkland, WA, http://www.softchec.com); check processing software company to give Wausau expertise in Unisys product and support

SunGard Data Systems (Wayne, PA, http://www.sungard.com) acquires record management software provider Med Data Systems (Vista, CA

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