CRUX Inc. Enters Strategic Business Development Alliance With Speakeasy Inc.SEATTLE--(BUSINESS WIRE)--Feb. 3, 1997--CRUX Inc., 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 Ultrexx Corp., (ULTX: non-NASDAQ bulletin board) announced today that it has formally entered a Strategic Business Development Alliance with Speakeasy Speakeasy - Simple array-oriented language with numerical integration and differentiation, graphical output, aimed at statistical analysis. ["Speakeasy", S. Cohen, SIGPLAN Notices 9(4), (Apr 1974)]. ["Speakeasy-3 Reference Manual", S. Cohen et al. 1976]. Inc. Speakeasy is the developer of the Speakeasy Internet Cafe The high-tech equivalent of the coffee house. However, instead of playing chess or having heated political discussions, you browse the Internet and discuss the latest technology. CDs, DVDs, games and other "cyber stuff" are also generally available. in Seattle and it provides Internet training services, networking support, web site development and hosting, and other related software development services. Some of Speakeasy's clients include Virginia Mason Medical Hospital, Pyramid Brewing Co., Seattle Opera The Seattle Opera is an opera company located in Seattle, Washington. Founded in 1963 by Glynn Ross, who served as the company's first general director through 1983, Seattle Opera's season runs from August to late May, with five or six operas offered and with eight to ten , Seattle Symphony, Music Scene International, Pacific Northwest Ballet The Pacific Northwest Ballet is a ballet company and based in Seattle, Washington in the United States. Founded in 1972 as part of the Seattle Opera and named the Pacific Northwest Dance Association, it broke away from the Opera in 1977 and took its current name in 1978. and Saros Corp. Under this agreement, both parties have agreed to jointly pursue marketing and sales activities in selected markets by sharing client/customer lists, market each other's products in accordance with specific Value Added Reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). Agreements, and to represent each other's services as part of a total solutions capability. CRUX and Speakeasy will work to jointly develop selected products in specific market sectors using Cruxpert(TM), Version 1.4, jointly design and maintain web sites for selected clients, and collaborate in selected contractual assignments by utilizing the in-house resources of both in Seattle and Bangalore, India. Cruxpert, Version 1.4, a Rapid Application Expert System Development Tool deployed on the Internet, is the flagship product of CRUX Inc. Both parties have agreed to mutual non-competition and non-circumvention provisions within the agreement. CONTACT: Muirfield Investors Jerry Cornwell, 206/670-8142 |
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