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  • September 15, 1997
  • News

Dateline: September 15, 1997

Staffware (Bedford, MA, http://www.staffware.com) reports revenues for the first half of 1997 up 90% to $6.2 million; net income of $850,000 up 244% from the first half of 1996

Mita (Fairfield, NJ, http://www.mita.com) unveils the MIP-650 6-in-one Muli-Task Laser Imaging System MFP with fax, scanner and PC capabilities for the SOHO and small business markets

Individual Investor Magazine names Scan-Optics (Manchester, CT, http://www.scan-optics.com) as one of the top 100 fastest growing companies

Berkeley Software (Aldershot, UK, http://www.bssl.co.uk) signs marketing and distribution agreement with TMSSequoia (Stillwater, OK, http://www.tmsinc.com) for its UNIX-based IDXW image display application

KDS USA (Garden Grove, CA, http://www.kdsusa.com) unveils the VS-19 Visual Sensations 19" monitor for high-end desktop graphics and web design applications

Recognition Research (Blacksburg, VA, http://www.rrinc.com), Prime Recognition (San Carlos, CA, http://www.primerecognition.com) sign agreement to integrate RRI's FormWorks forms processing software with PR's PrimeOCR "Voting" OCR software

National Bank of Commerce selects ImageSoft's (Maitland, FL, http://www.fiserv.com) Image Library for image viewing, CD-ROM creation and optical storage solutions

Corel (Nasdaq: COS) (Ottawa, Ontario, http://www.corel.com) reports preliminary Q3 ‘97 net loss of $32 million; revenues expected to be $54 million despite $96 million in orders received

Artisoft (Tuscon, AZ, http://www.artisoft.com) CEO and Chairman of the Board William Keiper resigns; COO T. Paul Thomas steps in to fill the vacancy

SEMCOR (Mount Laurel, NJ, http://www.semcor.com), Booz, Allen & Hamilton (Sunnyvale, CA, http://www.bah.com), Computer Sciences (El Segundo, CA, http://www.csc.com) awarded $98.1 million contract for IS and communication solutions by the U.S. Space and Naval Warfare Systems Command

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