FOR IMMEDIATE RELEASE
Extensis And Symantec Announce Strategic Licensing Agreement for
Suitcase Suitcase Joins Extensis' Full Product Line Designed to
Increase Creative Professionals' Productivity and Efficiency
Portland, OR - February 8, 1999 - Extensis Corporation and Symantec
Corporation (Nasdaq: SYMC) today announced they have reached a
definitive agreement on an exclusive licensing arrangement for the
Suitcase font management system. Effective March 1, 1999, Extensis
will assume sole responsibility for development, marketing, sales,
and distribution of Suitcase. Financial terms of the agreement were
not disclosed.
"Given Extensis' strategic focus on productivity and management tools
for professionals, this agreement is a win-win situation for Suitcase
users and Extensis customers alike," said Craig Barnes, president and
CEO, Extensis Corporation. "We look forward to continued development,
enhancement and support of the existing technology to ensure that
Suitcase remains the most effective tool for font management on the
market."
"With Extensis' commitment to and continued support for the font
management sector, we have every confidence that Suitcase customers
will be in good hands," said Enrique Salem, vice president of
security and assistance, Symantec. "With this move, Extensis is
broadening its market appeal by providing additional solutions to
users who demand high-quality management tools."
Freeing Macintosh users to do their best work, Suitcase 3.0 is the
solution for total font management, providing automated features that
allow users to easily and effectively manage and organize fonts.
Suitcase has a long history as the best-selling font management
system and as one of the most widely used Macintosh utility programs.
With this agreement, Extensis will continue the Suitcase legacy by
providing superior font management technology to Macintosh users.
Pricing and availability
Extensis is planning to ship an upgraded version of Extensis Suitcase
in the second quarter of 1999. Both Symantec and Extensis will work
jointly to ensure a smooth transition for customers.
About Extensis Corporation
Extensis Corporation develops, publishes, markets and supports
productivity software for creative professionals. From design through
output, Extensis products make the process of creating, editing,
assembling and managing digital content for print and electronic
publishing more productive and efficient. Extensis' award-winning
productivity software for Windows, Macintosh and the Internet is
distributed worldwide. Founded in 1993, Extensis corporation is based
in Portland, OR. For additional information please visit the Extensis
Web site at (http://www.extensis.com/) http://www.extensis.com.
About Symantec
Symantec is the world leader in utility software for business and
personal computing. Symantec products and solutions help make users
productive and keep their computers safe and reliable anywhere and
anytime. Symantec offers a broad range of solutions and is acclaimed
as a leader in both customer satisfaction and product brand
recognition. Symantec is traded on Nasdaq under the symbol SYMC. More
information on the company and its products can be obtained at
(http://www.symantec.com) www.symantec.com.
Kimberly Beasley Extensis Corporation
PR Manager 1800 SW First Ave. #500
(503) 274-2020, ext. 198 Portland, OR 97201
kbeasley@extensis.com (mailto:kbeasley@extensis.com)
www.extensis.com (http://www.extensis.com)