Acuity Financials and MAS 90/W for UNIX Planned for Fourth Quarter 1996 Release; Long Term Strategy Remains Unchanged.IRVINE, Calif.--(BUSINESS WIRE)--Aug. 23, 1996--Accounting software developer State Of The Art announced today that it has delayed the general release of additional modules for Acuity Financials(tm), its new Client/Server product line, to the fourth calendar quarter of 1996 while it evaluates the benefits of Microsoft's imminent release of Visual Basic 5.0. In addition, the Company said it expects the MAS 90/W(tm) graphical UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). product line, originally scheduled for third quarter release, to also begin shipping in the fourth quarter of 1996. Acuity Financials(tm), designed to run on Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. and Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. , has been developed utilizing an object oriented architecture with Visual Basic as its core development tool language. The Company had originally scheduled additional Acuity Financials modules for general availability in the third quarter of 1996. MAS 90/W For UNIX, which is being developed with a new graphical user interface graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to , has been rescheduled for product availability in the company's fourth quarter while final beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the of the new product is completed. "The product delays are focused on bolstering the product launch and quality programs of the new products," said David W. Hanna, president and chief executive officer. "We are in an exciting time of the company's history with the introduction of several new product lines, including the recent release of MAS90 for WINDOWS(r) which began shipping in second quarter and has already taken a decisive leadership position in the mid-range Windows accounting marketplace," continued Hanna. Founded in 1981, and headquartered in Irvine, California, State Of The Art develops and markets accounting software for medium-sized businesses. State Of The Art stock is traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market System under the symbol SOTA SOTA State Of The Art SOTA School of the Arts (San Francisco) SOTA Society of Typographic Aficionados SOTA Salmon of the Americas SOTA Society of the Ancients (gaming) SOTA Society of Taiwanese Americans . State Of The Art can be contacted at 1-800-854-3415 or by visiting State Of The Art's home page on the World Wide Web at http://www.sota.com. CONTACT: Linda Waters or Stephanie Silverman, 800/503-1177 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion