Heartsoft to Seek Internet Partner for Its Secure Internet Browser for Kids; Kids Internet World Explorer -KIWE- to Benefit from Support of Well Established Internet Company.TULSA, Okla.--(BUSINESS WIRE)--Feb. 22, 1999--In a statement released today, Heartsoft, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:HTSF HTSF Hard-Target Smart Fuse HTSF High Technology Small Firm HTSF Hybrid Thin Slot Formalism ) acknowledged that the company is seeking to enlist the support of a major Internet company to fast-track the release and sale of its new secure Internet browser for children. Responding to numerous media inquiries resulting from the company's announcement last week that it had reached an agreement with Cytware Corp of Ft. Worth, Texas, to license and sell the Kids Internet World Explorer, the company acknowledged that it is looking to partner with a yet, undisclosed Web publisher with substantial experience in publishing Internet-based software products. In a brief statement, Heartsoft Chairman & Chief Executive Officer, Benjamin P. Shell said, "Heartsoft is fully prepared to publish and distribute the Kids Internet World Explorer (KIWE KIWE Kids Internet World Explorer ). However, everyone who has seen the product's beta version, instantly sees KIWE's universal appeal to every child, parent, and teacher in the U.S with Internet access. By partnering with a major Internet player, we will be able to hasten the product's world-wide introduction." Further details regarding potential alliances were not available. In a news release on Friday, February 19, 1999, Heartsoft said that it would position the Kids Internet World Explorer as a secure alternative to Microsoft's Internet Explorer (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) and Netscape Navigator (Nasdaq:NSCP NSCP National Schistosomiasis Control Program NSCP National Space Communications Program NSCP Native (Mode) Service Control Point (Tandem) ). As part of the KIWE licensing agreement, the company plans to pursue distribution agreements with OEM partners such as Dell Computer Corp. (Nasdaq:DELL), Apple Computer, Inc. (Nasdaq:AAPL AAPL Apple Computer, Inc. (stock symbol) AAPL American Association of Professional Landmen AAPL American Academy of Psychiatry and the Law AAPL Advance Audiovisual Presentation Limited AAPL Advocates for Arkansas Public Libraries ), Compaq Computer Corp. (NYSE NYSE See: New York Stock Exchange :CPQ), and Gateway (NYSE:GTW). The agreement also allows the company to market KIWE internationally. Heartsoft, Inc. publishes and distributes a line of multimedia educational software products for schools and homes nationwide. Headquartered in Tulsa, Oklahoma, Heartsoft is acknowledged among educators as the price-vs.-performance leader, delivering such product classics as the Heartsoft Bestsellers and its latest release, Thinkology, with unsurpassed customer satisfaction and loyalty. Heartsoft's web pages may be viewed at http://www.heartsoft.com and http://www.thinkology.com. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, the impact of competition; uncertainties in demand for and market acceptance of the company's products; changes in trade practices and the risk of trade practice litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; and the risks of developing products. These and other risks are described in the company's periodic SEC reports and filings. |
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