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Corporate Profile for PictureWorks Technology, Inc., dated Sept. 17, 1999.


--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Sept. 17, 1999

Company Name:     PictureWorks Technology, Inc.

Address:          649 San Ramon Valley Blvd.
                  Danville, CA  94526

Main Telephone
 Number:          925/855-2001

Internet Home
 Page Address
  (URL)           www.pictureworks.com

Chief Executive
 Officer:         Don Strickland

Chief Financial
 Officer:         Sarah Pate

Investor Relations
 Contact:         Sarah Pate
 Business number: 925/855-2001 x106

Public Relations
 Contact:         Matt Chang
 Business number: 925/855-2001 x183

Industry:         Internet, High Tech, Software, Imaging

Market Makers:    Adobe, Kodak, Fuji


-0-

Company description: PictureWorks Technology, Inc. was founded in 1994 to pioneer new technologies in the emerging field of digital PC photography. A privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 based in Danville, California Danville is an incorporated town located in a part of Contra Costa County, California called the San Ramon Valley, United States. The population was 41,715 at the 2000 census. It is considered an upscale suburb of Oakland and San Francisco. , PictureWorks has quickly grown to become a leading provider of desktop imaging software solutions. This leadership has been most evident among the growing number of businesses that depend on the availability and use of images for their own future growth. "We uniquely enable the use of images by both consumers with innovative desktop solutions, and image-intensive small, medium and large businesses on the Internet to increase their revenues, get new customers, keep existing customers, and cut costs," said Don Strickland, President and 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. . "It's that simple." Now the company is evolving into a leading provider of mission-critical, Internet-based applications for digital imaging.

In a few short years, PictureWorks has excelled in its vision, growing from only four employees in 1994 to over 40 today. Enjoying greater than 50 percent of the worldwide market share for digital camera software, the company creates and markets award-winning(1) software tools that let users create, enhance and share images, or seamlessly stitch stitch (stich)
1. a sudden, transient cutting pain.

2. a suture.


stitch
n.
1. A sudden sharp pain, especially in the side.

2. A single suture.
 them together to build panoramic pan·o·ram·a  
n.
1. An unbroken view of an entire surrounding area.

2. A comprehensive presentation; a survey: a panorama of American literature.

3.
 vistas or animated movies using simple still images. To meet global demand for its products, the company has expanded its product portfolio and distribution as the worldwide imaging innovator in over 10 international markets.

The company's target product markets have also expanded to include horizontal applications horizontal application - An application program common to different business processes, e.g. office automation.

Compare vertical application.
 in small businesses as well as the company's new enterprise-wide client/server solutions in vertical markets such as real estate, insurance, and most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent"
above all, most especially
, the growing business of online e-commerce. "As we continue to meet customer needs moving forward, we will increasingly build and strengthen enterprise solutions that leverage the common intra-networking infrastructure already in place to connect global users to centralized systems In telecommunications, a centralized system is one in which most communications are routed through one or more major central hubs. Such a system allows certain functions to be concentrated in the system's hubs, freeing up resources in the peripheral units. ," according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Strickland. This includes setting up and maintaining image databases that serve customers at greatly reduced costs as they strive to integrate digital imaging into their workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle.  environments.

For more information please contact PictureWorks Technology at 1-800-303-5400 or visit the company at http://www.pictureworks.com. -0-

(1)  HotShots received the editor's Choice award from MacWorld
     Magazine and the Editor's Pick award from PC Photo Magazine, and
     Spin Panorama received Computer Shopper Magazine's Top 100
     Products of the Year award during 1997. The company's suite of
     three Real Estate Imaging Toolkits received the Clarity Award
     for Real Estate Information Excellence in 1998.
COPYRIGHT 1999 Business Wire
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
Date:Sep 17, 1999
Words:520
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