Boole & Babbage Europe and 4th Dimension Software announce new distribution agreement.DUBLIN, Ireland--(BUSINESS WIRE)--Nov. 1, 1994--Boole & Babbage Europe, 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 Boole & Babbage 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 : BOOL) and 4th Dimension Software Ltd. (NASDAQ: DDDDF) today announced that the companies have entered into a new distribution agreement. Under this new agreement, Boole & Babbage Europe (BBE BBE n abbr (US) (= Benevolent and Protective Order of Elks) → organizzazione filantropica ) will remain the exclusive distributor throughout Europe for 4th Dimension's leading-edge Enterprise Control Architecture family of products until Dec. 31, 1997. Under the terms and conditions of this new distribution agreement, BBE will be focusing more resources for the marketing and support of 4th Dimension's new line of client/server solutions for enterprise-wide automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. operations. The companies had previously entered into a termination and transition agreement under which 4th Dimension would have assumed the sales and support of its systems management software products throughout Europe. As a result of the termination and transition agreement, and the creation of a new distribution agreement, 4th Dimension Software will incur To become subject to and liable for; to have liabilities imposed by act or operation of law. Expenses are incurred, for example, when the legal obligation to pay them arises. An individual incurs a liability when a money judgment is rendered against him or her by a court. one-time charges of approximately $5.4 million in the quarters ending Sept. 30, 1994, and Dec. 31, 1994. 4th Dimension Software Ltd. is based in Tel-Aviv, Israel, with its U.S. subsidiary's headquarters in Irvine, Calif., and regional offices throughout 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. , Canada and Australia. The company's Enterprise Control Architecture family of products are currently licensed in more than 40 countries worldwide. Boole & Babbage Inc. markets Enterprise Automation software products for distributed systems Distributed systems (computers) A distributed system consists of a collection of autonomous computers linked by a computer network and equipped with distributed system software. to help IS organizations reduce costs and increase system availability. Founded in 1967, the company has more than 6,000 customers worldwide. CONTACT: Boole & Babbage Inc.
Arthur F. Knapp Jr., 408/526-3333
4th Dimension Software Ltd.
Myra D. Fallis, 714/757-4300
Michael Karash, 011-972-3-6451234
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