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  • October 31, 1997
  • News

Dateline: October 31, 1997

Adaptive Solutions (Beaverton, OR, http://www.asi.com) agrees to purchase Eastman Kodak's (Rochester, NY, http://www.kodak.com) OCR technology for $1 million

Verity (Sunnyvale, CA, http://www.verity.com) announces restructuring of worldwide operations; development resources to be dedicated to OEM and knowledge retrieval businesses

Unisys (Blue Bell, PA, http://www.unisys.com) and Microsoft (Redmond, WA, http://www.microsoft.com) sign agreement to provide enterprise solutions to the government and financial markets

Interleaf (Waltham, MA, http://www.ileaf.com) now shipping the Xtravert Pure Java viewing and distribution applet for its BusinessWeb intranet document management and publishing system

Judge Imaging (Bala Cynwyd, PA, http://www.judge.com) reports Q3 '97 revenue of $5.3 million; net income of $27,000 compares with a Q3 '96 net loss of $329,000

BancTec (Dallas, TX, http://www.banctec.com) announces repurchase program of up to 2 million shares, for an estimated $45 million

SNS Systems (Mississauga, Ontario, http://www.sns.ca) selected to provide its Open Image document imaging and workflow solution to the Bank of Bermuda

Maxim Software (Plano, TX, http://www.maximsgi.com) unveils the MaxCD Version 1.1 document, data and image distribution system for FileNet (Costa Mesa, CA, http://www.filenet.com) document management systems

DataWorks (San Diego, CA, http://www.dataworks.com) posts Q3 '97 revenue of $38.2 million, up 38% from Q3 '96; net loss of $9.2 million compares with a Q3 '96 net loss of $1.0 million

Iron Mountain (Boston, MA, http://www.ironmountain.com) reports Q3 '97 revenue of $54.7 million, net loss of $325,000

Reed Technology (Horsham, PA, http://www.reedtech.com) signs VAR agreement with Verity (Sunnyvale, CA) to add electronic publishing systems to the Search'97 product suite

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