|
News
Enghouse Systems Limited Announces Additional GeoNet™ License Sale to IBM Markham, Ontario, Canada (April 13, 2000) --- Enghouse Systems Limited [TSE: ESL] announced today at its annual and special general meeting in Toronto the completion of a US$1.3 million agreement with IBM for the supply of additional GeoNet™ licenses. GeoNet™ allows users to manage complex networked facilities through the integration of spatial technology with leading commercial relational database management systems (RDBMS), a graphical user interface and an open architecture. This software platform provides a strong base on which to build a custom, company-specific application, or for one of Enghouse’s industry-specific applications. "We believe that GeoNet™ is a world leading GIS core engine and an essential tool for companies in the newly deregulated global telecommunications industry," said Andrew Nellestyn, President, Asset Management Division, Enghouse Systems Limited. "GeoNet™ offers flexibility while improving functionality in designing spatial asset management solutions, enabling us to add tangible business value to our customers." Notably, the IBM agreement represents the second sale of GeoNet™ licenses this month. On April 3, 2000, Enghouse announced a US$900,000 contract with San Diego Gas & Electric (SDG&E), a division of Sempra Energy, for the supply of GeoNet™ licenses. The agreement, expected to generate an estimated CDN$1.3 million in revenue over fiscal 2000, renews an existing contract between Enghouse and SDG&E. Enghouse Systems Limited is a world leading software engineering company that develops GIS (Geographic Information Systems)-based solutions for Telecommunications and Utility companies. Enghouse products provide spatial asset management solutions to hundreds of customers globally. Enghouse's WORKS™ suite of spatial asset management applications offer world-class robust supported solutions for telecommunications, cable, gas, electric and other utility companies. IBM is a registered trademark of International Business Machines Corporation. For further information, please contact: Andrew Nellestyn |
