Bitstream Launches Internet Initiative; Company to Position Itself as 'The Internet Font Company'.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 3, 1999--Bitstream Inc. (Nasdaq:BITS), continuing its tradition as a leader and innovator in the font industry, today announced that it is launching an Internet initiative that will officially position Bitstream as "the Internet Font Company." This announcement was made in response to several recent product developments and acquisitions that have established Bitstream as the leading provider of typefaces and software products that enable designers and engineers to use fonts in various Internet-related applications. Some of these recent developments include: --The launch of WebFont Maker(tm), a new retail product that enables Web page designers to display any TrueType or Postscript Type 1 fonts directly within a Web page. --The incorporation of Bitstream's WebFont(tm) rendering engine in Netscape Navigator An earlier Web browser for Windows, Macintosh and X Windows from Netscape that provided secure transmission over the Internet. Soon after its introduction in 1994, Navigator, or just "Netscape," as it was commonly called, quickly became the leading browser on the Web. 4.x Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . --The licensing of Bitstream's award-winning TrueDoc(R) technology by Internet, Web, and publishing software applications developers for incorporation into products such as computers, printers, set-top boxes, and other devices. --Several key patents that cover aspects of creating subsetted fonts, managing and rendering portable font objects, and using portable fonts for Web publishing Creating a Web site and placing it on the Web server. A Web site is a collection of HTML pages with the home page typically named INDEX.HTML. Web sites are designed using Web authoring software which provides a graphical layout capability or by hand coding in HTML or both. . --The recent acquisition of Type Solutions, Inc., a leading provider of font rasterizing rasterizing - rasterising technology to the set-top box and interactive television market. "Bitstream has long been a leading innovator of electronic typefaces and related technology since its inception as the first independent font foundry in 1981." said Anna M. Chagnon, executive vice president of Bitstream. "This Internet initiative will establish Bitstream's leadership position in the Internet font marketplace and will capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. Bitstream's key patents that cover aspects of using portable fonts for Web publishing." In a related press release, Bitstream has also announced today that it is launching PageFlex Inc., 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. that will focus on the development, marketing, and support of Bitstream's on-demand publishing technology. In particular, PageFlex Inc. will focus its sales and marketing efforts on two products: PageFlex(tm), an XML-based publishing application that enables the fully automatic production of customized documents, and NuDoc(tm), an XML-based composition engine, which serves as PageFlex's underlying formatting engine. Bitstream has released a letter from Paul Trevithick This article is and to meet Wikipedia's , may require a , wikifying and categorization. Please discuss this issue on the talk page or [ replace this tag] with a . This article has been tagged since March 2007. , president of Bitstream, that outlines the new positioning of Bitstream as the Internet Font Company and the creation of PageFlex Inc as a wholly owned subsidiary of Bitstream. The full text of this position statement is available at http://www.bitstream.com/news/prezletter.html About Bitstream Inc., The Internet Font Company Bitstream Inc., headquartered in Cambridge, Massachusetts This article is about the city of Cambridge in Massachusetts. For the English university town, see Cambridge, England. For other places, see Cambridge (disambiguation). Cambridge, Massachusetts is a city in the Greater Boston area of Massachusetts, United States. , is a leading developer of type technology, digital typefaces, and type customization services for the graphics communications industry. Bitstream licenses its WebFont(tm), TrueDoc(R), and T2K T2K Tempest 2000 (game; sequel to Tempest) T2K Time 2 Kill (gaming clan) (tm) font portability and rendering technology to hundreds of industry-leading Internet, Web, and publishing software applications developers, as well as to manufacturers of computers, printers, set-top boxes, and other devices. Bitstream has been awarded several patents that cover aspects of creating subsetted fonts, managing and rendering portable font objects, and using portable fonts for Web publishing. Bitstream also offers on-demand publishing software through its wholly owned subsidiary, PageFlex Inc. For more information on Bitstream and its products, visit the company on the World Wide Web at http://www.bitstream.com About PageFlex Inc., The On-Demand Publishing Company PageFlex Inc., headquartered in Cambridge, Massachusetts, develops, markets, and supports on-demand publishing software and related technology. Driven by the profile of a particular target customer, on-demand publishing involves the automatic production of customized business marketing collateral such as datasheets and brochures directly from XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. text and graphics data stored in Web servers and/or databases. Based on page design rules, flexible templates ensure the generated PostScript or PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. documents meet high stylistic quality standards. PageFlex also licenses its underlying NuDoc XML-based composition engine on an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and basis to independent software vendors. For more information on PageFlex and its products, visit http://www.pageflexinc.com. PageFlex is a wholly-owned subsidiary of Bitstream Inc. (Nasdaq:BITS, http://www.bitstream.com). |
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