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Press Release
Monday March 6, 2000
White Pine Sells X-Server And Host Connectivity Business To Powerlan USA
Transition enables White Pine to fully focus on core visual communications strategy; Powerlan provides existing and future connectivity customers with the best resources and support available
White Pine Software, Inc. (NASDAQ: WPNE) today announced that it has sold its x-server and host connectivity business to Powerlan USA, a wholly-owned subsidiary of Powerlan Limited (ASX: PWR). The transition to Powerlan includes the key employees of the connectivity business, led by Steve Roche, the business’ general manager.
"We are very pleased to have executed this transaction with Powerlan," stated Christine J. Cox, White Pine’s CFO and VP Finance. "Powerlan’s strategic direction and corporate values provide a perfect home for this business that is no longer a component of White Pine’s corporate focus. Powerlan will provide the existing host connectivity team with the opportunity to seamlessly transition our host connectivity customers to a new company, which will provide them with the resources and support their business warrants. Simultaneously, this deal enables White Pine to fully concentrate its own resources on integrated visual and audio communications and the tremendous opportunities in the emerging broadband market. Leveraging our developing application service provider (ASP) business will help promote our customers’ rapid deployment of unique applications such as videochat, video messaging, visual call centers and help desks on their web-based businesses."
Theo Baker, Managing director of Powerlan, added, "The range of connectivity products developed by White Pine has direct application to our business. These products allow for the multiple access via the internet to complex software applications. We believe Powerlan can further enhance the White Pine suite of connectivity products and integrate them as a key component of our own business strategy."
Like White Pine, Powerlan USA is based in New Hampshire. Terms of the sale were not disclosed.
About White Pine Software, Inc.
White Pine develops software solutions that facilitate worldwide video and audio communication and data collaboration across the Internet. White Pine's CU-SeeMe® Web provides the industry's first multipoint video instant messaging over the internet. White Pine's CU-SeeMe® Pro and MeetingPoint™ create a client-server solution that allows multiple users to participate simultaneously in conferences over the Internet. ClassPoint™ is a MeetingPoint™ add-on that provides a complete solution for corporate training and distance learning. The Company supports multiple platforms, including Windows 95/98, NT, Sun Solaris, and Red Hat Linux. White Pine Software can be found on the World Wide Web at http://www.wpine.com. CU-SeeMe Web can be experienced at www.cuseemeworld.com.
CU-SeeMe Web was named 1999 Internet Telephony magazine's ``Product of the Year'' award for the multimedia conferencing category, and Call Center Solution magazine's ``1999 Product of the Year'' in the interactive video web communications category.
CU-SeeMe has won a number of industry awards, including the CTI 1998 "Editors’ Choice Award" and "Best of 1997 Award", PC Computing’s 1997 "5-Star Editor’s Choice Award, Web Conferencing," Net Guide Magazine’s 1997 "Best Internet Conferencing Award," Popular Science Magazine’s "Best of What’s New Award," New Media Magazine’s "1996 Hyper Award for Best Conferencing Software" and Byte Magazine’s "Best of PC Expo ’96 Winner."
MeetingPoint is the recipient of the Internet Telephony 1998 "Product of the Year" award, CTI’s "Product of the Year Award" in 1999, 1998 and 1997, and BYTE Magazine’s "Best of PC Expo ’97" Award.
ClassPoint won a Portfolio Award by Media & Methods magazine in its May/June 1999 issue.
About Powerlan
Powerlan Limited is an IT services company listed on the Australian Stock Exchange. It is one of the largest Australian owned and Australian managed information technology and telecommunication ("IT&T") services organisations operating throughout the Asian Pacific region. The Company has 32 offices in 10 countries including Australia (16 offices), the United States of America, New Zealand, Hong Kong, China (3 offices), Malaysia, Thailand, Singapore, Macau and Indonesia.
The Company has over 700 employees including a sales force of over 150 executives and a consulting and engineering team of over 450 qualified IT&T professionals. Powerlan has a customer list of over 6,000 corporate and government clients.
Powerlan USA, a wholly-owned subsidiary of Powerlan Limited, will service and enhance the eXodus, WebTerm, WebTermX, and 5PM product families. Powerlan USA can be reached on the web at www.powerlan-usa.com, or by telephone at 603 880 9118.
For further information please contact:
Mr. Theo Baker
Managing Director
Powerlan Limited
Phone: 612 9418 3600
e-mail: tbaker@powerlan.com.au
web: www.powerlan.com.au
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