Apple Computer Enters into Strategic Alliance with Zi Corporation.CALGARY, ALBERTA--(BUSINESS WIRE)--June 6, 1997--Multi-Corp (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ,Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). MCU (1) (MicroController Unit) A computer on a single chip. See microcontroller. (2) (Multipoint Control Unit) A device that is used to moderate a videoconference of three or more end points (users at computers or groups of users ., 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 MCUAF.) Apple Computer International Ltd. ("Apple") and Zi Corporation today announced a Joint Development Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. for future collaboration on Chinese language products for the Mac OS and Apple's next-generation operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. , Rhapsody (1) A subscription-based online music service from RealNetworks that gives users unlimited access to a vast library of major and independent label music. Within a single interface, Rhapsody provides access to streaming music, Internet radio and extensive music information and . Under the Memorandum, Apple will assist Zi to develop and market Chinese language products in the following areas: Internet and Intranet; word processing; education; and document processing and publishing. Zi Corporation is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Multi-Corp Inc. (NASDAQ: "MCUAF"; TSE: "MCU"). "We are excited about bringing products based on Zi's leading Chinese language technologies to our customers in Asia Pacific," said Vincent Lum n. 1. A chimney. 2. A ventilating chimney over the shaft of a mine. 3. A woody valley; also, a deep pool. , Director of Business Development & Marketing Services, Apple Asia Pacific. "Today's agreement further underscores Apple's commitment to Chinese-speaking markets and highlights our efforts to help developers create leading-edge applications for the Mac OS and, going forward, Rhapsody platforms." Don Smallwood, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul and Head of Asia Pacific for Zi Corporation stated, "Our collaboration with Apple represents the company's first significant endeavour with a technology company doing business in our target market. We anticipate that our combined efforts can lead to the development of new applications for the Asia Pacific region now served by Apple." The first stage of this alliance is a Software License Agreement signed by the two companies, which will see Apple bundle Zi Mail with Apple Macintosh personal computers in China and Taiwan. As part of the agreement, Apple has a non-exclusive license to bundle Zi Mail with the Mac OS Chinese version. Zi Mail uses Zi Input, a Chinese character input system that is simple to learn and easy to use. PCWorld Hong Kong named Zi Mail as "Best Buy" for Chinese email software because it "provides the best Chinese language support" (March 1997 issue). Zi Mail was awarded a four star rating by PCWorld. Apple Computer Inc., headquartered in Cupertino, California develops, manufactures, licenses and markets solutions, products, technologies and services to the education, consumer, entertainment, engineering and government markets in over 140 countries. Apple Asia Pacific covers Australia, Bangladesh, Brunei, Guam and Micronesia, Hong Kong, India, Indonesia, Korea, Laos, Malaysia, Nepal, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Pakistan, the Philippines, the People's Republic of China, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. Zi Corporation specializes in the development and marketing of Chinese character-based language applications and Internet products and services. Based in Calgary, Canada, with offices in Hong Kong, Beijing and San Francisco, Zi Corporation has developed a unique Chinese character-based input system for computers and other electronic devices. Certain statements in this press release constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of Multi-Corp Inc. to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such risks include the ability to successfully collaborate with Apple to integrate and maintain compatibility with Apple's products, continue to be selected as the Chinese character- based language enabling technology for Apple and the risks and uncertainties referred to in Multi-Corp Inc.'s Report of Form 20-F for the year ended December 31, 1996 filed with the U.S Securities and Exchange Commission. -0- NEITHER THE ALBERTA STOCK EXCHANGE NOR NASDAQ HAVE APPROVED OR DISAPPROVED OF THE INFORMATION CONTAINED HEREIN. CONTACT: Multi-Corp Inc. Garbine Lazar, 403/ 233-8875 http://www.zicorp.com investor@zicorp.com or Apple Asia Pacific Sue Sara, 011/61-2-9452-8012 011/61-2-9452-8160 (FAX) http://www.asia.apple.com sara.s@asia.apple.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion