Boca Research Establishes Inprimis Technologies Subsidiary Focused on Internet-Based Appliances.Business Editors BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Feb. 9, 2000 Larry Light Named 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. of Inprimis Boca BOCA Building Officials and Code Administrators International, Inc. BOCA Bird Observers Club of Australia BOCA Business Object Component Architecture BOCA Borland Object Component Architecture (Borland) Research, Inc.(R) (Nasdaq:BOCI BOCI Bank of China International BOCI Buckner Orphan Care International ) today announced changes to the Company's structure to support its transition to a software and systems solutions-based enterprise, including the establishment of a wholly-owned subsidiary, Inprimis(TM) Technologies, Inc. Inprimis will focus on worldwide technology design services for Internet-based infotainment and entertainment appliances. This new subsidiary will provide its product design, systems engineering, and software development services to consumer electronics, computer, communications, and specialized vertical companies who are responding to consumer needs for Internet-related products and services. Platforms will be developed that can be quickly adapted to meet specific customer product requirements. These platforms will include integrated computer designs that can be adapted for a variety of high-speed communications, including DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary (Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and ), cable, and satellite networks. Inprimis' software development services will initially be focused around the Liberate Technologies' Custom Connect Server and the Oracle(R) Video Server, but will include other environments, such as Linux, Solaris, and Microsoft(R) Internet Server systems. Revenues for Inprimis Technologies will be generated both from providing customized design and development services, as well as the licensing of designs on a unit royalty basis. Inprimis Technologies is well-positioned in this fast-growing market due to existing strategic relationships with companies such as Conexant(TM) Systems (Nasdaq:CNXT), iGS Technologies (IGST), Infomatec, Liberate Technologies (Nasdaq:LBRT LBRT Little Black Rubber Thingy LBRT Low Buck Racing Team ), National Semiconductor(R) Corporation (NYSE NYSE See: New York Stock Exchange :NSM (Network and System Management) Running and controlling the networks and computer systems in an enterprise. See network management. ), NetWolves Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:WOLV.OB), Oracle(R) Corporation (Nasdaq:ORCL ORCL Oracle (stock symbol) ) , Sigma Designs(R) (Nasdaq:SIGM) and Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. (NYSE:TXN TXN Texas Instruments (stock symbol) TXN Transaction (databases) TXN Tunxi, China (Airport Code) TXN Tarxien (postal locality, Malta) ), and existing customers such as Philips (NYSE:PHG) and America Online See AOL. (NYSE:AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ). In addition, Inprimis also has an extensive list of premium prospects. The team responsible for the success of the AOL TVSM/Philips project will form the core personnel to be immediately transferred from Boca Research to Inprimis. The team's initial efforts have proven successful as they are already generating revenue for the Company. The decision to focus on Internet-based appliances is based on the expected strong industry growth and management expertise being developed internally at Boca Research. Inprimis Technologies is poised to capture a share of the technology and services portion of the Internet appliance Also called "information appliance," "smart appliance," and "Web appliance," it is a device specialized for accessing the Web and/or e-mail. Designed for ease of use, it plugs into a telephone jack or LAN connection for Internet hookup. market, which Forrester Research expects to reach $16 billion by 2002. Inprimis Technologies will help larger companies achieve their time-to-market objectives while providing smaller companies with simple and cost effective solutions. Inprimis has initiated staffing of a team of software engineers in both its Boca Raton and Silicon Valley locations. The engineering staff is expected to double by the end of the year, and will continue to grow as needed as needed prn. See prn order. to support the business. Larry L. Light, chief technology officer for Boca Research, has been named chief operating officer for Inprimis Technologies, to provide strong leadership for this newly formed subsidiary. Light will report to Robert W. Ferguson, Boca Research's chairman of the Board of Directors, while a new chief executive officer is being recruited for the Company. Light's background includes 18 years of high-tech engineering experience, and 14 years with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corporation. Reporting to Light is Alex S. Oprescu, senior vice president of Worldwide Business Development. Oprescu's background includes extensive experience in the computer and high-tech industries, with an emphasis on the international arena and strategic alliances. Oprescu's career included positions with Philips B.V., as well as Seagate, and Control Data Corporation. His industry knowledge will be of great benefit as the business evolves and grows. For more information on Inprimis Technologies, see the new Web site at http://www.inprimis.com. Portions of this news release contain 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. Readers are cautioned that all forward-looking statements involve risks and uncertainties. Therefore, the loss of one or more customers could adversely impact operating results. Such risks and uncertainties include, but are not limited to, those related to the formation of a new subsidiary, competition, and a rapid change in the technologies. These and other risks are detailed in Boca Research'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 December 31, 1998, as well as in the Company's periodic filings with the Securities and Exchange Commission (SEC). Such risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements included in this release. Boca Research Corporate Information Founded in 1985, Boca Research is in the process of transitioning to become a leading software and systems solutions-based enterprise enabling communications, as well as access to applications and information via the Internet or client/server networking. Boca Research is a U.S. corporation headquartered in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. with international operations and ventures worldwide. Inprimis Technologies, Inc. is a newly formed subsidiary focusing on worldwide technology design services for Internet-based infotainment and entertainment appliances services business. The Boca Global, Inc. subsidiary is a leading supplier of computing enhancement products, including modems, I/O cards, and graphics. Boca Global's strong brands -- Boca Research and Global Village(R) -- address the growing demand for software, peripherals, and accessories for PCs and Mac(R) computers, as well as thin client and Internet appliance devices, for both home and business use. Boca Global's products are sold worldwide through original equipment manufacturers (OEMs), distributors, value-added resellers (VARs), and retailers. The AppsCom, Inc. subsidiary was created to focus on the applications rental market via a client/server-based network. Boca Research Quote Sheet Inprimis(TM) Technologies, Inc. Subsidiary Announcement &uot;Conexant's broad portfolio of broadband, networking, and media processing semiconductor products will complement Imprimis's Internet-focused initiatives. We look forward to extending our many years as a technology partner to Larry Light and his team.&uot; - Mark Duvall, vice president of marketing, Personal Computing Division, Conexant Systems Inc. &uot;We are pleased that Inprimis Technologies has selected iGST's streaming media processor as a component in their set-top box platform solutions. The powerful combination of Liberate's TV Navigator(TM) software, iGST's CyberPro5050 multimedia processor, the Oracle Video Server, and Sigma Designs' REALMagic(TM) MPEG-2 decoder, together with an information appliance design by Inprimis, offers consumers a new and enhanced TV experience.&uot; - Mike Raghavan, vice president of marketing and strategic alliances, IGS Technologies, Inc. &uot;Infomatec gladly sees the formation of Inprimis Technologies, both from an investor point of view and as a customer of Inprimis. At Imprimis IMPRIMIS. In the first place; as, imprimis, I direct my just debts to be paid. See Item. , we see a highly qualified team that will support us in developing programs and drivers for our JNT JNT Jewish New Testament (Bible translation) JNT Joint Network Team JNT Java Network Technology (National Semiconductor and Infomatec) JNT John Nathan-Turner system. Our first joint project is the porting of ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line drivers to our Linux JNT platform.&uot; - Gerhard Harlos, chief executive officer, Infomatec AG &uot;Liberate Technologies has had a strategic relationship with Boca Research for several years, and our work with Boca has resulted in Liberate-enabled solutions that greatly benefit our mutual customers. We look forward to a strong working relationship with Inprimis to meet the needs of the fast-growing Internet appliance market.&uot; - Charlie Tritschler, vice president of marketing, Liberate Technologies &uot;National Semiconductor's relationship with Boca Research has grown from being a supplier, to a strategic alliance, and as of late 1999, an investor. We were interested in Boca Research as an investment because of the companies' shared visions for the information appliance market. Boca Research has invited National Semiconductor to take a more active role in providing strategic direction for Inprimis and we are looking forward to this opportunity.&uot; - Mike Polacek, vice president of Information Appliance division, National Semiconductor(R) Corp. &uot;NetWolves Corporation has worked with Boca Research over the past year on several projects with positive results. We are looking forward to continued work with Inprimis on a thin client system design for our FoxBox ESCN ESCN Early South Carolina Newspapers distance learning system.&uot; - Walter M. Groteke, chief executive officer, NetWolves Corporation &uot;The Oracle Video Server, together with Liberate's software, and Inprimis Technologies' expertise in set-top technology, provides a superior consumer interactive television solution. Never before has this amount of information been available reliably, securely, and economically to consumers. We are pleased to be working with Inprimis Technologies in making this new concept a reality.&uot; - Mark Porter, vice president, Interactive Television Division, Oracle(R)Corp. &uot;Boca Research has established a proven track record of delivering advanced set-top box designs that meet the demanding quality requirements of both high-volume manufacturers as well as the telco and ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. customers that deploy them. We are strongly committed to our partnership with Boca Research. It plays a significant industry role, which is to integrate the software and semiconductor products of Sigma Designs and several other companies into solid, ready-to-build set-top products that are ready for high-volume manufacturing and consumer deployment. Boca's Inprimis Technologies subsidiary clearly has the engineering expertise and relationships in place that will enable the company to take a leading position in this exploding market.&uot; - Marshall Goldberg, director of marketing for Sigma Designs(R), Inc. &uot;Texas Instruments has been working closely with Boca Research and the management team now leading Inprimis Technologies to provide an ADSL solution. The expertise of the Inprimis team makes them a proven leader in set-top box technology. As a leader in providing programmable DSP-based ADSL chipset technology, TI is committed to allowing its customers to come to a single supplier for complete, field-proven solutions that answer the market's demand for increased bandwidth.&uot; - Charlie Gonsalves, ADSL strategic marketing manager, Texas Instruments Inc. Notes to Editors: For copies of recent press releases from Boca Research via fax, call 800/331-1323. For product or company information via the Internet, visit our Web sites at http://www.bocaresearch.com, http://www.globalvillage.com, http://www.bocavision.com, and http://www.inprimis.com. Boca Research Inc., Boca, and Global Village are registered trademarks, and Inprimis and AppsCom are trademarks of Boca Research, Inc. All other products and brand names are trademarks of their respective owners. |
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