Aladdin Acquires the Assets of Micro Macro Technologies.NEW YORK--(BUSINESS WIRE)--March 3, 1999--Aladdin Knowledge Systems Ltd. (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 :ALDNF), a global leader in the field of Internet and digital content security, today announced the acquisition of the assets of Micro Macro Technologies Ltd. (MMT MMT Million Metric Tons MMT Médecins Maîtres-Toile MMT Methadone Maintenance Treatment MMT Multiple Mirror Telescope MMT Mission Management Team (International Space Station) MMT Military Training Technology ), an Israeli-based software protection company established in 1995. MMT, with 1998 sales estimated at $1.4 million, had become a leading vendor of token-based protection solutions primarily for Macintosh software developers. Its products include Microguard Plus, Microguard PC and Microguard USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. . Its clients include such industry leaders as Adobe, Scitex, United Technologies, Pratt & Whitney, Northern Telecom, Kodak, Fuji, and Agfa. Aladdin will be paying approximately $0.7 million for the assets of Micro Macro, which is in receivership. "Apple's remarkable turn-around in the last six months since the launch of iMac, and Micro Macro's penetration of the Mac market, make this acquisition particularly timely for Aladdin," said Jacob Vind, Aladdin's Software Security Unit General Manager. "The success of our own USB-based protection tokens for Mac launched last August, showed our intent towards this market. Now we are able to consolidate our position as the number-one solution for software developers across all platforms." He continued: "Micro Macro clients will now enjoy the benefits in terms of support and ongoing R&D that only Aladdin, as an international company with a global distribution network, can provide. It is our intention to continue and support MMT and customers. Their satisfaction is imperative to us." About Aladdin: Aladdin Knowledge Systems Aladdin Knowledge Systems NASDAQ: ALDN is a company that provides solutions for software digital rights management and Internet security since 1985. Its corporate headquarters are located in Tel Aviv, Israel. Ltd. (NASDAQ/NMS:ALDNF) is a global leader in the field of Internet and digital content security. Aladdin's products include: HASP (Houston Automatic Spooling Program) A mainframe spooling program that provides task, job and data management functions. HASP - Houston Automatic Spooling Program and Hardlock, token-based software security systems that ensure license compliance and provide innovative marketing and distribution solutions for software and digital content publishers; Privilege, a comprehensive Internet-ready software licensing tool for developers; eToken for Internet security and authentication; and the award-winning eSafe line of anti- vandal, anti-virus and content filtering software for Internet-connected networks and PCs. Aladdin, an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. company, has offices throughout the United States and the world including Seattle, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago, the United Kingdom, the Netherlands, Germany, Japan, and Israel as well as over 40 distributors serving more than 100 countries. For more information, visit the Aladdin home page at www.aks.com. |
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