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net-linx AG ACQUIRES SYSTEM INTEGRATORS INC. AND CTEXT
INC.
SAN FRANCISCO -- June 13, 2000 -- Today, net-linx AG, a global publishing
and web solutions provider, announced the acquisition of System Integrators
Inc. (Sii), of Sacramento, California, and CText Inc. of Ann Arbor, Michigan,
establishing a new division, net-linx Publishing Solutions. By combining
Sii and CText, net-linx AG proudly becomes a leading supplier of newspaper
publishing systems.
net-linx AG, including Sii and CText, has offices in the United States, Europe, Asia Pacific and South America. They provide leading edge Internet and publishing technology to newspapers and directory publishers. With the acquisitions of CText and Sii, net-linx has combined newspaper publishing products and expertise and added financial stability and commitment to newspaper publishing.
Bill Solimeno heads up net-linx Publishing Solutions as President and CEO, and retains Larry Moore as CEO of CText and Mike Lee as COO of Sii as well as continuing to maintain existing staff and operations at both companies. Dennis Doolittle, previously Vice President of Engineering and latterly President of Autologic, will join as President of Sii.
"The combination of Sii and CText will provide the newspaper and publishing industries with a financially stable and committed vendor," said Bill Solimeno. "We believe Sii and CText current customers and net-linx' future customers will benefit from the 100% commitment to their industry and their issues."
Commenting on the acquisition, Mike Lee, former Executive Vice President of Sii, said "By combining the expertise of the three organizations, net-linx has created a powerful center of excellence which will have far reaching implications for our customers particularly in terms of new technology-led business opportunities."
Larry Moore, founder and CEO of CText, welcomed the formation of net-linx Publishing Solutions, an operation built on a stable base of expertise, technology and customers. "I believe today marks the start of a new era within the newspaper technology industry. All three companies bring together proven and respected technologies and, without doubt, our customers will benefit from the collective focus on integrated production solutions."
net-linx AG's current expertise in publishing and web solutions, combined with CText and Sii's skill in newspaper publishing software, creates a natural fit to make net-linx AG the world's most comprehensive, innovative and dedicated provider of publishing software solutions. A strong partnership that compliments and strengthens net-linx AG's rapidly increasing global presence on the world stage.
About net-linx...
net-linx AG, headquartered in Dresden, Germany, is one of the fastest growing suppliers of integrated software systems for the advertising, telecommunications, information and directory publishing industries world-wide. With offices in North America, Europe and Asia Pacific, net-linx is a leading supplier of client/server solutions to the world's leading publishers and provides 24-hour, 365 day support. net-linx products include Web solutions - Internet, network commerce and wireless products for the publishing industry - and Publishing Solutions - directory, pagination and sales tools.
About CText...
CText, Inc. is a supplier of publishing solutions and developer of AdVision, the industry's biggest performing advertising system, and the Dateline editorial system. AdVision is installed at over 100 newspapers in the Americas and powers the three largest advertising volumes in the world: The LA Times, The Dallas Morning News and Zero Hora in Brazil where some 20,000 ads are taken on an average Friday afternoon. CText's adcommerce suite has been adopted by Belo for Internet advertising applications including on-line ad creation, ad management, inventory, image uploading and email interactivity. Dateline installations include Pittsburgh Post, Gannett, and Estado De Miras. CText has been operating since 1983.
About Sii...
Headquartered in Sacramento, California USA, System Integrators Inc (www.sii.com) designs, markets, integrates and supports computer-based technology solutions for the publishing industry world-wide. Sii is a major supplier to the publishing industry and maintains sales and support offices in the US, UK, Germany, France, and Australia. With more than 25 years' experience in the market, Sii has an installed base of systems that publish more than 500 newspapers, magazines and wire services throughout North America, Europe, the Middle East and Asia/Pacific. Sii's customer base is one of the largest throughout the newspaper industry and includes such major groups as: Knight Ridder, Gannett, The Tribune Co, Media General, Associated Newspapers, Reuters, Singapore Press Holdings, John Fairfax and Aftenposten.