California Software Acquires Unibol.Business Editors and High-Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--Nov. 13, 2000 California Software Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CAWC CAWC Canadian Association of Wound Care CAWC Companion Animal Welfare Council (UK) CAWC Chicago Abused Women’s Coalition CAWC Cryogenic Aerosol Wafer Cleaning ), a leader in IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Midrange midrange Epidemiology The halfway point or midpoint in a set of observations; for most data, MR is calculated as the sum of the smallest observation and the largest observation, divided by 2; for age data, one is added to the numerator; a midrange is usually migration products and developer of the award-winning BABY product line, Monday announced its acquisition of Unibol in conjunction with the Unicomp merger. Bruce Acacio, 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. of California Software stated, "Unibol has been the primary competitor for our BABY/36 and BABYAS/2000 products on a worldwide basis. However, Unibol has focused mainly in the Unix market, while the California Software BABY family has been the market leader for the NT platform." Continued Acacio, "Unibol's Unibol/36 and Unibol/400 products have enjoyed greater success in Europe while our BABY family of products has a larger domestic install base. This merging of technology combined with a broader customer base creates a larger and geographically stronger organization." California Software has enjoyed significant success with its latest products, BABY/GUI and baby.com, which provide a graphical and Web-enabled capability to existing iSeries 400-based applications. This technology offers significant benefits to existing Unibol/36 and Unibol/400 customers as well as providing a growing list of new customers who have chosen to remain on IBM's popular iSeries 400 systems. About California Software Corp. California Software is the worldwide leader in IBM Midrange migration software solutions. The company's products, marketed under the brand name BABY, support the migration of IBM AS/400 screens and applications to Windows and the Web. About Unibol Established in 1979, Unibol is focused on enabling AS/400 and System/36 applications to work with Windows UNIX, Linux or NT/2000. Unibol solutions, a combination of the right products and the right services, have been highly successful and have spanned almost every industry -- from accounting firms to cosmetic companies. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future events or future financial performance that involve risks and uncertainties. Such statements can usually, but not always, be identified by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts", "potential", "intends" or the negative of such terms or comparable terms. These statements are only predictions and actual results could differ materially from those anticipated in these statements based upon a number of factors including those identified in the company's filings with the SEC. Investors are cautioned that all forward-looking statements involve risks and uncertainties of the industry in which the company operates and/or proposes to operate, including without limitation, uncertainties of product sales and product development, market acceptance of the company's products, the impact of competitive products and technological innovation, product returns and defects, product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , availability of qualified personnel, dependence on third party suppliers, success or failure of strategic business alliances, acquisitions or other business combinations, new or amended laws and regulations applicable to the company, general market conditions, and other risks. These forward-looking statements are made in reliance on the "safe-harbor" provisions of 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, as amended. |
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