CORRECTING and REPLACING Houghton Mifflin Company Selects Nextance.Business Editors/High-Tech Writers CORRECTION...by Nextance, Inc. REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--Aug. 6, 2003 Please replace BW5154 issued Aug. 4, 2003 (CA-NEXTANCE) Houghton Mifflin Houghton Mifflin Company is a leading educational publisher in the United States. The company's headquarters is located in Boston's Back Bay. It publishes textbooks, instructional technology materials, assessments, reference works, and fiction and non-fiction for both young readers Company Selects Nextance, with the following release. The corrected release reads: HOUGHTON MIFFLIN COMPANY SELECTS NEXTANCE FOR RIGHTS MANAGEMENT SOLUTION Nextance, Inc., a provider of the most advanced software enabling (programming) software enabling - (Or "enabling") Modification of the design or implementation of software to allow internationalisation to take place. In particular, enabling may refer to the modification of software to support double-byte character sets, hence "Unicode enterprises to manage contracts and related business processes, today announced that Houghton Mifflin Company has chosen Nextance for the management of their intellectual property agreements. Based in Boston, Houghton Mifflin Company is one of the leading educational publishers 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. , with over $1 billion in sales. Houghton Mifflin publishes textbooks, instructional technology There are two types of instructional technology: those with a systems approach, and those focusing on sensory technologies. The definition of instructional technology prepared by the Association for Educational Communications and Technology (AECT) Definitions and Terminology , assessments and other educational materials for elementary and secondary schools and colleges. It also publishes an extensive line of reference works and award-winning fiction and non-fiction for adults and young readers. Additionally, Houghton Mifflin offers computer-administered testing programs and services for the professional and certification markets. "Managing the rights and permissions associated with the intellectual properties we publish is critical to our business," said Teri Kelly, Senior Vice President, Trade & Reference Division, Houghton Mifflin. "Nextance has a flexible and intuitive solution which supports our business needs and will provide the functionality we require." Nextance will provide Houghton's Trade & Reference Division with a rights management solution that will enable them to store, categorize cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat , track, and analyze their acquisition agreements and sub-license agreements in a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. location in addition to more efficiently managing the rights and obligations of their agreements. "We are very pleased to be working with Houghton Mifflin, a leader in the publishing industry," said Mitch The name Mitch can mean:
About Nextance, Inc. Nextance, Inc. is an enterprise software firm providing applications that assist corporations and public entities in better managing their contracts, commitments, and related business processes. Fortune 1000 companies such as Eastman Chemical, Genzyme, Covenant Health, and Fireman's Fund, are using Nextance software to gain control of and manage their contracts, rights, obligations, and related business processes, and they are realizing increased revenues, reduced expenses, and reduced contractual risk. Nextance is privately held and is headquartered in Redwood City, Calif. Additional information about Nextance is available at http://www.nextance.com. Nextance(TM) is a trademark of Nextance, Inc. All other company names mentioned herein may be the trademarks of their respective owners. |
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