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EXCALIBUR TECHNOLOGIES REPORTS PRELIMINARY SECOND QUARTER RESULTS

 SAN DIEGO, Aug. 16 /PRNewswire/ -- Excalibur Technologies Corp. (NASDAQ-NMS: EXCA) today announced that it expects to report revenue for its second quarter ended July 31, 1993 of approximately $1.7 million, an increase of approximately 9 percent over the second quarter of last year.
 Excalibur also announced today a document imaging alliance with International Business Machines, Inc. (NYSE: IBM) for distribution and marketing of Excalibur's PixTex/EFS document imaging and information retrieval software (see NY023).
 Excalibur Technologies Corporation, headquartered in San Diego, develops document imaging software applications an multimedia information retrieval technologies across multiple client/server platforms. Excalibur's products are based on adaptive pattern recognition technology, which allows users to store and retrieve information based on its content. Pattern recognition provides high- speed, accurate and flexible access o digital information, including text, image, video, sound and signal data. Excalibur software is used by major companies and government organizations around the world. The company was founded in 1980 and is a publicly held corporation whose shares are traded on NASDAQ-NMS with the ticker symbol EXCA.
 -0- 8/16/93
 /CONTACT: Mike Kennedy, CEO, or Dave Lambert, CFO of Excalibur Technologies, 619-625-7900/
 (EXCA IBM)


CO: Excalibur Technologies Corp. ST: California IN: CPR SU: ERN

SH-TS -- NY024 -- 2898 08/16/93 08:58 EDT
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Publication:PR Newswire
Date:Aug 16, 1993
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