Award creates new division to focus on embedded systems and Internet appliances; David Wippich named vice president of Internet and Embedded Products Division.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--April 2, 1997--Award Software International Inc. (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 :AWRD), a leading provider of system management software (SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. ), today announced the formation of its Internet and Embedded Products Division. The division's objective is to reduce the time-to-market for its embedded systems Embedded systems Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. customers by providing advanced, ready-to-integrate software building blocks, and to develop advanced Internet-related products. David Wippich has been appointed vice president and general manager of the new division. "An increasing percentage of our revenue has been coming from manufacturers of embedded systems," said George C. Huang, Award's chairman, president and 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. . "We feel we can best serve our customers by creating a division focused on the unique needs of this growing market segment. Dave Wippich's strong background in the industry made him the perfect choice to run this important new division," said Dr. Huang. The new division will customize some of Award's existing products, including EliteBIOS(TM) and RPBAccess(TM), to meet the specifications of embedded systems manufacturers. Additionally, APIAccess(TM), a product recently acquired from Willows Software, which allows Win32 applications to run on Real Time Operating Systems and 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). (R), will be included in the division. The flagship EliteBIOS for embedded systems and companion products aim to reduce customers' total cost of ownership and to facilitate remote administration. The remote pre-boot capability of RPBAccess enables embedded systems and personal computers to be remotely accessed, diagnosed and repaired, even if the 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. cannot be loaded, dramatically reducing down time, and administration and support costs. The division also includes products being developed to meet the specific needs of customers building single- and multi-purpose Internet and Intranet appliances. "Award's creation of the Internet and Embedded Products Division responds to the current growth trend in the embedded systems market," said Paul Zorfass, embedded analyst with International Data Corporation. "Award has unique products with APIAccess and RPBAccess, which should further strengthen its position in the embedded systems segment, as this software segment continues to grow robustly," Zorfass concluded. "We are pleased with the revenue generated by our embedded systems products in 1996," said Dave Wippich, vice president and general manager of the I&EP division. "In 1997, we expect to further increase this and have staffed the division with the engineering, product management and sales personnel necessary to meet our objectives," he said. Wippich has more than 14 years of experience in the computer and electronics industry. He joined Award in 1995 as director of sales of North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Previously, he held several positions including chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and executive vice president at TEI 1. (communications) TEI - Terminal Endpoint Identifier. 2. (text, project) TEI - Text Encoding Initiative. Contract Manufacturing Services and sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → at Acer America. Award Software International Inc. is the leader in worldwide BIOS shipments. BIOS is the cornerstone SMS product that Award designs, develops and markets to the manufacturers of desktop, server, mobile and embedded systems. Additional Award SMS products include the SMSAccess(TM) suite of applications for remote, streamlined system management, designed to reduce total cost of ownership. The company's PC Card (PCMCIA (Personal Computer Memory Card International Association, San Jose, CA, www.pcmcia.org) An international standards body and trade association that was founded in 1989 to establish a standard for connecting peripherals to portable computers. PCMCIA created the PC Card. See PC Card. ) enabling software for DOS, Windows 3.x Windows 3.x can refer to either an individual or all of the following versions of Microsoft Windows:
The company's stock is traded on the Nasdaq National Market under the symbol AWRD. More information can be obtained from the company's SEC filing, by visiting Award's web site at http://www.award.com . The statements in this news release, other than the historical financial information, contain forward-looking statements that involve risks and uncertainties including those associated with the uncertainty regarding new and developing markets and technology, dynamics of the Internet and its related products and other market conditions that could cause actual results to differ from predicted results. Further information on factors that could affect the company's results are detailed in Award's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 1996, as filed with the Securities and Exchange Commission. -0 Note to Editors: All trademarks are the property of their respective owners. CONTACT Award Software International Toni Goodrich, 415/968-8886 toni_goodrich@award.com or Stapleton Communications Inc. Anna Yen/Jessica Mussallem, 415/988-9207 jessica@stapleton.com |
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