California Software Carl Thompson Associates
Kate Tague Carl Thompson
Marketing/Communications Investor Relations
949-553-8900 303-665-4200
[email protected] [email protected]
For additional information, see www.californiasoftware.com
California Software acquires Unibol
Business/Technology Editors
IRVINE, Calif.--(BUSINESS WIRE)-November 10, 2000--California
Software Corporation (OTC BB:CAWC), a leader in IBM Midrange
migration products and developer of the award-winning BABY
product line, announced today its acquisition of Unibol.
Bruce Acacio, CEO of California Software stated, "We are
extremely excited about the merger with Unicomp, Unibol's former
parent company. This acquisition is another step toward that
goal. Unibol has been the primary competitor for our BABY/36 and
BABYAS/2000 products on a worldwide basis. Whereby the Unibol
team has focused primarily in the Unix market, our BABY family
has been the market leader in NT space. Additionally, Unibol's
Unibol/36 and Unibol/400 products have enjoyed greater success in
Europe and our BABY family has a larger domestic install base.
This combination of technology and a broader customer base
creates a larger, more geographically and technologically
stronger organization."
California Software has enjoyed significant success with its
latest products, BABY/GUI and baby.com which provide a graphical
and web-enabled capability to existing Iseries 400-based
applications. This technology offers significant benefits to
existing Unibol/36 and Unibol/400 customers as well as providing
a growing list of new customers who have chosen to remain on
IBM's popular Iseries 400 systems.
About California Software Corporation
California Software Corporation is the worldwide leader in IBM
Midrange migration software solutions. The Company's products,
marketed under the brand name BABY, support the migration of IBM
AS/400 screens and applications to Windows and the Web.
About Unibol
This news release contains forward-looking statements relating to
future events or future financial performance that involve risks
and uncertainties. Such statements can usually, but not always,
be identified by terminology such as "may," "will," "should,"
"expects," "plans," "anticipates," "believes," "estimates,"
"predicts", "potential", "intends" or the negative of such terms
or comparable terms. These statements are only predictions and
actual results could differ materially from those anticipated in
these statements based upon a number of factors including those
identified in the Company's filings with the SEC. Investors are
cautioned that all forward-looking statements involve risks and
uncertainties of the industry in which the Company operates
and/or proposes to operate, including without limitation,
uncertainties of product sales and product development, market
acceptance of the Company's products, the impact of competitive
products and technological innovation, product returns and
defects, product obsolescence, availability of qualified
personnel, dependence on third party suppliers, success or
failure of strategic business alliances, acquisitions or other
business combinations, new or amended laws and regulations
applicable to the Company, general market conditions, and other
risks. These forward-looking statements are made in reliance on
the "safe-harbor" provisions of the Private Securities Litigation
Reform Act of 1995, as amended.
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