Boca Research and LodgeNet Sign Technology Development and Licensing Agreement; Boca Research to Facilitate Evolution of LodgeNet's Broadband Services Platform.Business Editors/Technology Writers 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)--March 27, 2000 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 the signing of a technology development and licensing agreement between Inprimis Technologies, Inc., Boca's wholly-owned subsidiary , and LodgeNet Entertainment Corporation (Nasdaq:LNET LNET Library Network LNET Learning Network LNET Local Network ) for the development of broadband systems that will distribute interactive TV content to hotel guest rooms. This agreement represents one of the first services and licensing agreements negotiated and entered into by Inprimis since it was established. The agreement provides LodgeNet with software development and design services to integrate the i2020 interactive set-top box The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. (licensed by Inprimis) with the Liberate Technologies TV NavigatorTM software and the broadband local area network (b-LAN(R)) technology used by LodgeNet for its broadband services. Larry Light, 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 Technologies, Inc., commented, "We are excited about teaming with LodgeNet to create this state-of-the-art, in-room system. This agreement will utilize talented engineers from both companies to create a wonderful new experience for hotel guests." Light concluded, "We look forward to a mutually-beneficial relationship between the two companies." "We are pleased to add Boca Research to our team of strategic technology allies," said David M. Bankers, Senior Vice President, Business Development and Chief Technology Officer for LodgeNet. "This relationship provides key hardware and consulting capabilities that will speed the continuing evolution of our interactive, broadband content distribution platform." This release contains forward-looking statements that reflect management's best judgement, based on factors currently known. However, these statements involve risks and uncertainties, including the rate of development of the thin client and information appliance See Internet appliance. (hardware) Information Appliance - (IA) A consumer device that performs only a few targeted tasks and is controlled by a simple touch-screen interface or push buttons on the device's enclosure. markets generally, the successful development and market acceptance of new products, the degree of competition in the market for such products, competitive pricing practices, the product and channel mix, component costs, and manufacturing efficiencies. Further, a significant portion of the Company's sales is derived from a limited number of customers. Therefore, the loss of one or more customers could adversely impact operating results. 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. Lodgenet Corporate Information LodgeNet Entertainment Corporation (www.lodgenet.com) is a specialized communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. that serves more than 4,900 lodging properties and 760,000 rooms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and selected international markets. Through its open architecture, broadband local area network (b-LAN(R)) technology, LodgeNet delivers on-demand movies, Nintendo(R) 64 video games See video game console. , high-speed Internet See broadband. access and many other interactive applications, as well as digital-quality DIRECTV(R) free-to-guest programming. More than 200 million travelers have access to LodgeNet systems on an annual basis. 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. The Inprimis Technologies, Inc. subsidiary focuses 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. 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.inprimis.com, and http://www.bocavision.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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