Datawatch and Adesso Software Announce OEM Relationship.WILMINGTON, Mass.--(BUSINESS WIRE)--Dec. 22, 1998-- Adesso to Resell Datawatch's Monarch and Redwing Products - Adds Report Mining to Adesso Data Mining capabilities Datawatch Corporation (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :DWCH), a global leader in enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. solutions and support center software, announced today that it has signed an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement with Adesso, a leader in developing innovative archive and viewing solutions for customer care and Internet commerce. Adesso will incorporate Datawatch's Monarch and Redwing products into its archive and viewing products. "By reselling Monarch and Redwing with Adesso's archiving software, we can now provide our customers with a complete range of extraction capabilities," said Craig LeClair, vice president and senior executive of Adesso Software, 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 TASC TASC The After School Corporation TASC The American Surrogacy Center TASC Treatment Accountability for Safer Communities TASC The Analytic Sciences Corporation TASC Transportation Administrative Service Center TASC Total Administrative Services Corporation . "While our Statement Extractor decision support product allows the content of Statements and bills to be mined across large Oracle Databases, we had a gap in creating custom views of report files. The Monarch and Redwing products fill this important gap." "The open architecture of Datawatch's Monarch and Redwing report mining and business intelligence products," continued LeClair, "and their wide use in industry were critical factors in our decision to execute an OEM agreement with Datawatch." "While Datawatch has several OEM agreements involving Monarch, this is the first one executed for Redwing, which extracts text from PDF files. Redwing provides Adesso with the capability of taking that data and redeploying it in other applications," said Scott Baker Scott Baker may refer to:
About Datawatch Datawatch Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DWCH), headquartered in Wilmington, Mass., is a leading provider of Enterprise Reporting and Support Center solutions that help organizations increase productivity, reduce costs and gain competitive advantage. Datawatch products are used in more than 20,000 companies, institutions and government agencies worldwide. The company's Quetzal quetzal (kĕtsäl`) or quezal (kāsäl`), common name for a magnificent bird of the family Trogonidae (trogon family), found in the rain forests from S Mexico to Costa Rica at altitudes of up to 9,000 |SC product is the top-selling help desk solution in Europe and is quickly gaining ground in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The company's Monarch product is the top-selling report mining solution worldwide. Datawatch also offers Redwing, an Adobe Acrobat plug-in that simplifies text and table extraction from PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. documents. Datawatch products are sold and supported worldwide by a direct sales force, international subsidiaries, and authorized channel partners. In addition, Datawatch works with OEM customers who embed Datawatch components and technologies in their own solutions. More about Datawatch can be found at www.datawatch.com. About Adesso Adesso Software, Inc. is a wholly owned subsidiary of TASC, Inc., a Litton Industries company. Located in Reading, Mass., Adesso Software is a leader in developing innovative archive and viewing solutions for customer care and Internet commerce, and provides a key element of time-sensitive customer service and self-service operations. To date more than 30,000 seats of Adesso software have been installed. More about Adesso Software can be found at www.adessosoftware.com. Monarch, Redwing, and Quetzal|SC are trademarks of Datawatch Corporation. All other company or product names are trademarks or registered trademarks of their respective owners. |
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