Inprise Transfers Visual dBASE to InterBase Subsidiary; Company Consolidates Database Technology & Product Lines into Single Unit.DENVER--(BUSINESS WIRE)--Aug. 12, 1998--Inprise 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 :INPR INPR Institute for National Policy Research (Taipei, Taiwan) INPR Inventory Project Report INPR International Network on Personal Relationships ) today announced that its independent subsidiary, InterBase Software Corporation, will assume responsibility for the future development and marketing of its Visual dBASE See dBASE versions. (language) Visual dBASE - A Rapid Application Development suite with a compiler and intranet tools to enable developers to publish data on the World-Wide Web. Originally a Borland product, the first version released by dBase, Inc. was Visual dBase 5.7. family of Windows database products. The announcement was made at the annual Inprise Conference, ICON '98, being held here this week. "Many organizations and corporations around the world have significant investments in Visual dBASE and other Xbase database applications," said Del Yocam Delbert W. Yocam (born December 24, 1943) is an American technology executive. Yocam is a former chairman and CEO of Borland, former president, COO & director of Tektronix and a former Apple Computer executive. , Inprise chairman 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. . "I believe that we can best serve this customer-base by combining our two leading database products into a single unit. Since becoming a separate subsidiary, our InterBase team has certainly proven that they have the focus and expertise to deliver new products and successfully grow their business." "We welcome Visual dBASE and its community of developers into the InterBase family of products," said Jim Weil, president of InterBase Software Corporation. "We look forward to continuing to develop and enhance Visual dBASE with the most advanced Windows and database capabilities." About Visual dBASE 7 Visual dBASE 7 Professional and the Visual dBASE 7 Client/Server Suite are the Windows 95 & Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. versions of the industry's leading Xbase database development environment. Based upon an easy-to-use programming language, the award-winning 'Borland' visual development tools and powerful 32-bit database technology, Visual dBASE 7 is a fast and easy way for corporate developers and business professionals to deliver business database applications. About InterBase Software Corporation Based in Scotts Valley, Calif., InterBase Software Corporation is a subsidiary of Inprise Corporation Inprise Corporation - Borland Software Corporation. , developers of Borland and VisiBroker products. InterBase Software Corporation delivers InterBase, a high-performance SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. database designed to be embedded into Value-Added-Reseller (VAR) applications. About Inprise Corporation Inprise Corporation is a leading provider of software and services that simplify the complexity of enterprise application development, deployment, and management. The company is distinguished for its award-winning Borland family of rapid application development products and for proven scalable middleware. Inprise integrates these offerings with application management products to provide customers with end-to-end solutions. Inprise customers include leading enterprises and independent software developers around the world. Founded in 1983, Inprise is headquartered in Scotts Valley, California Scotts Valley is a small city located in eastern Santa Cruz County, California, United States, about ten miles (16 km) south of San Jose and six miles (10 km) north of the beach in the upland slope of the Santa Cruz Mountains. As of the 2000 census, the city population was 11,385. and has operations around the world. Inprise has more than 900 employees worldwide. For more information on Inprise, customers can visit the company's Web site at http://www.inprise.com. Note to Editors: Inprise product names are trademarks or registered trademarks of Inprise Corporation. Other product names mentioned herein may be trademarks of the party using such names. Note: Forward-looking statements in this release, including but not limited to, those concerning Inprise's future financial performance, future market developments, Inprise's position in such markets, product availability dates, and the potential features of or benefits to be derived from the Company's products, involve a number of uncertainties and risks, and actual events or results may differ materially. Factors that could cause actual events or results to differ materially include, among others, the following: difficulties in integrating the operations and technology of Visigenic Software or other companies or technologies which the Company may acquire, possible disruptive effects of organizational or personnel changes, shifts in customer demand, market acceptance of the Company's new or enhanced products, delays in scheduled product availability dates, actions or announcements by competitors, software errors, general business conditions and market development and growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. in the client/server and Internet software markets, and other factors described in the Company's S.E.C. reports on forms 10-K, 10-Q, 8-K. CONTACT: Inprise Corporation Steve Curry Stephen Thomas Curry (born September 13, 1965 in Winter Park, Florida) is a former starting pitcher in Major League Baseball who played briefly for the Boston Red Sox during the 1988 season. Listed at 6' 6", 217 lb., he batted and threw right-handed. , 831/431-4863 scurry@inprise.com |
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