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BrainTech Inc. Announces Reseller Agreement With Visual Numerics Inc.


VANCOUVER, BC--(BUSINESS WIRE)--July 14, 1999--

BrainTech Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:BNTI BNTI Blind Nasotracheal Intubation ) (www.bnti.com) is pleased to announce that is has signed a reseller agreement with Visual Numerics, Inc., a leading supplier of numerical routines for mathematical and numerical processing.

The IMSL IMSL International Mathematical and Statistical Library
IMSL International Mathematics & Statistics Library
IMSL Inverted Microstrip Line
IMSL Injection Molding Systems Limited
IMSL International Mathematical Subroutine Library
 (International Mathematical and Statistical Library) product is now available as an optional library available with the ODYSEE Development Studio. The ODYSEE Development Studio is a productivity tool for the rapid design and testing of machine applications. It allows system integrators to rapidly develop prototypes for commercial applications. Visual Numerics develops software that helps people understand data. Their sophisticated and easy to use software tools make it easier and more economical for companies to manage their data.

IMSL is a comprehensive set of more than 300 pre-built mathematical and statistical analysis functions that ODYSEE programmers can embed directly into their numerical analysis numerical analysis

Branch of applied mathematics that studies methods for solving complicated equations using arithmetic operations, often so complex that they require a computer, to approximate the processes of analysis (i.e., calculus).
 applications. Many of IMSL's functions are based upon the same algorithms contained in the company's highly regarded IMSL Fortran 90 MP Library. Visual Numerics has been providing algorithms for mathematical and statistical computations under the IMSL name since 1970. Since that time, more than 350,000 programmers have used the IMSL tools to build their applications. These programmers work in industries ranging from engineering test and analysis to space physics to business and finance and the earth sciences.

"BrainTech's ODYSEE product is a valuable tool that allows Visual Numeric access to various markets," comments Richard Couch, 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.  for Visual Numerics.

"Visual Numerics develops software that helps people understand data. When combined with our ODYSEE product, this becomes an effective tool for creating a myriad of useful applications," states BrainTech's CEO Owen Jones Owen Jones may refer to:
  • Owen Jones (antiquary) (1741-1814), Welsh antiquary
  • Humphrey Owen Jones (1878-1912), Chemist and Mountaineer
  • Owen Jones (architect) (1809-1874), British architect, son of the antiquary
.

ON BEHALF OF THE BOARD

OWEN JONES

PRESIDENT

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 provides a "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by BrainTech, Inc.) contains statements that are forward-looking, such as statements relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of BrainTech, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state income tax laws, and market competition factors.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 14, 1999
Words:442
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