ActiveTouch Acquires Web Real-Time Collaboration Technology and Business From Quarterdeck; ActiveTouch to Market Scaleable T.120 Server.SUNNYVALE, Calif.--(BUSINESS WIRE)--May 27, 1998--ActiveTouch Inc., today announced it has reached an agreement to acquire all of the technology assets and business from Future Labs Inc., a division of Quarterdeck (Quarterdeck Corporation, Marina del Rey, CA) A pioneering software company, founded in 1983, that offered a variety of utilities, diagnostics, connectivity and Internet products for the PC and Macintosh. Corp. This acquisition will provide ActiveTouch with a highly scaleable, industry standard T.120 compatible server for real-time collaboration on the Internet. ActiveTouch will market the Future Labs T.120 product and ActiveTouch Server to software vendors developing web based Coming from a Web server. See Web application. real-time collaboration solutions. "We are pleased that ActiveTouch, which has some of the industry's best talent and experience in real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. collaboration has acquired the Future Labs technology assets and business," said Ron Ben-Yehuda, Quarterdeck's vice president and general counsel. "Over the past two years, ActiveTouch has developed a web-based, real-time collaboration server solution incorporating the T.120 standard" said Subrah S. Iyar, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and co-founder of ActiveTouch. "The Future Labs T.120 server was the best product that met our needs for high scalability, reliability and flexibility. These are requirements for the business market. We are now poised to deliver our comprehensive solution to the market over the next few months and become the leader in server based Refers to hardware or software that runs in the server. Contrast with client based. real-time collaboration solutions." "Our previous experience in developing T.120 server solutions, along with this acquisition puts us in a position to deliver leading edge, Java enabled collaboration solutions," said Min Zhu Min Zhu is the co-founder and former president and chief technical officer of WebEx. Zhu received his bachelor degree from Zhejiang University. He also holds an M.S. in Engineering from Stanford University. , president, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. and co-founder of ActiveTouch. About Quarterdeck Quarterdeck Corp. is a global leader in the development and marketing of PC helpware software designed to prevent and solve PC performance problems, especially those encountered in networked -- Internet and intranet -- environments. The company's goal is to make personal computing Refers to users working on their own computers rather than a terminal to a mainframe. Sometimes, the term refers to using computers at home for work and/or entertainment in contrast to business use only. See personal computer. trouble-free for users and network administrators alike, while reducing the need for live technical support. Quarterdeck's current product line, which addresses storage management, system conflict resolution, virus protection, system updating, and enhanced access to networked information and communications resources, is marketed to both end-users and businesses via retail distribution, corporate resellers and OEMs, direct marketing channels, and the Internet. Quarterdeck's products are available in more than 14,000 outlets throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, as well as in over 29 countries worldwide. Incorporated in 1982 and traded on Nasdaq under the symbol QDEK, Quarterdeck's worldwide headquarters are in Marina del Rey, Calif., with its European operations based in Dublin, Ireland. Further information may be obtained by calling 800/354-3222 toll-free or 573/443-3282, by accessing Quarterdeck's Web site at http://www.quarterdeck.com, or by sending e-mail requests to info@quarterdeck.com. About ActiveTouch ActiveTouch Inc. is a privately held Silicon Valley based Internet software company founded in 1995. The company is focused on being the leader in Web based real-time collaboration solutions. Investors in ActiveTouch include Baan Investments. ActiveTouch is located at 1270 Oakmead Parkway, Suite 301, Sunnyvale, CA 94086. Tel: 408/732-8046 or send e-mail to info@activetouch.com. CONTACT: Focal Point focal point n. See focus. Communications Wendy Moro, 415/340-0242 wendym@sfo.com or Quarterdeck Corp. Elaine Smith, 310/309-3744 |
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