[MD1] Microsoft Invests in General Magic
TweetFollow Us on Twitter

[MD1] Microsoft Invests in General Magic

For Immediate Release

Press Inquiries:
Michelle Knoop +1 415 904 7070
Access Communications
mknoop@accesspr.com

Investor Inquiries:
Don Markley +1 415 986 1591
The Financial Relations Board, Inc.
dxm@sf.frbd.com

http://www.genmagic.com

Microsoft Invests in General Magic
General Magic Licenses Technology to Microsoft

REDMOND, Wash., and SUNNYVALE, Calif. - (March 4, 1998) - Microsoft Corp.
and General Magic Inc. (Nasdaq "GMGC") today announced that Microsoft has
made a minority investment in General Magic. Agreements between the two
companies include an equity investment as well as the licensing of certain
General Magic technologies. Terms of the agreements include a payment to
General Magic of $6 million.

General Magic is developing integrated voice and data applications, a key
to bringing the next generation of information technologies into the
mainstream. The company's upcoming network service, code-named "Serengeti,"
is a second generation virtual assistant for mobile professionals that goes
beyond offering only voice mail to integrating e-mail, faxes, address book,
calendar, news and stock quote information, all accessible via telephone
using a proprietary Voice User Interface (VUI) or via a Web browser.

Designed to perform and synchronize with several Microsoft applications,
including the Outlook messaging and collaboration client, Schedule + and
Microsoft Internet Explorer, as well as Windows CE-based devices and the
WebTV service, Serengeti is expected to be available by mid-1998. In
addition to its support of Microsoft products, General Magic built its
first Network Operations Center to run exclusively on the WindowsNT
operating system. Chosen for its scalability, robustness and developer
base, WindowsNT was the preferred choice for managing the high volume of
subscribers expected to utilize the Serengeti service over time.

"General Magic continues to develop innovative technologies and
applications," said Nathan Myhrvold, chief technology officer at Microsoft.
"A natural language voice user interface, such as Serengeti's, is a
powerful and flexible way to access information that we think will be
pervasive. Products like Serengeti can provide users with worldwide access
to much of their important information. We are pleased to see General
Magic's integration of Serengeti with Microsoft applications such as
Outlook and Internet Explorer, and General Magic's exclusive use of Windows
NT-based servers in its first Network Operations Center."

"We believe this transaction with Microsoft shows increasing acceptance of
General Magic's products and technologies," said Steve Markman, chairman,
CEO and president of General Magic. "General Magic is all about simplifying
the way people access and control the information they need to be
successful. Our goal is to make Serengeti the preferred service for people
who need access to their information at any time from any location. We hope
to make this technology accessible in a wide range of applications and
devices, and we've taken an important step in that direction."

In accordance with U.S. securities law, General Magic notes that this press
release contains forward-looking statements. There are risks that may cause
actual results to vary materially. These risks include, but are not limited
to, reliance on key technical and management personnel, potential schedule
changes, competitive pressures and emerging Internet standards. Additional
risk factors are detailed in General Magic's 1996 10-K and its third
quarter 1997 10-Q filed with the Securities and Exchange Commission.

Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in
software for personal computers. The company offers a wide range of
products and services for business and personal use, each designed with the
mission of making it easier and more enjoyable for people to take advantage
of the full power of personal computing every day.

General Magic offers products and services that integrate voice and data
technologies making communication and access to information easy and
convenient for people, no matter where they are. The company's development
efforts are founded on its patented agent technology, innovative
user-interface and communication-centric designs to provide simple, yet
effective ways for people to keep in touch with the information they need
to be successful. The company is headquartered in Sunnyvale, California.
For more information on General Magic, please visit the company's Web site
at http://www.genmagic.com.

 

Community Search:
MacTech Search:

Software Updates via MacUpdate

iFFmpeg 6.4.0 - Convert multimedia files...
iFFmpeg is a comprehensive media tool to convert movie, audio and media files between formats. The FFmpeg command line instructions can be very hard to master/understand, so iFFmpeg does all the hard... Read more
Beamer 3.3 - Stream any movie file from...
Beamer streams to your Apple TV.... Plays any movie file - Just like the popular desktop movie players, Beamer accepts all common formats, codecs and resolutions. AVI, MKV, MOV, MP4, WMV, FLV. To... Read more
jAlbum Pro 14.0 - Organize your digital...
jAlbum Pro has all the features you love in jAlbum, but comes with a commercial license. You can create gorgeous custom photo galleries for the Web without writing a line of code! Beginner-friendly... Read more
Apple Remote Desktop Client 3.9.3 - Clie...
Apple Remote Desktop Client is the best way to manage the Mac computers on your network. Distribute software, provide real-time online help to end users, create detailed software and hardware reports... Read more
Chromium 59.0.3071.109 - Fast and stable...
Chromium is an open-source browser project that aims to build a safer, faster, and more stable way for all Internet users to experience the web. Version 59.0.3071.109: This update has no Flash plug-... Read more
Thunderbird 52.2.0 - Email client from M...
As of July 2012, Thunderbird has transitioned to a new governance model, with new features being developed by the broader free software and open source community, and security fixes and improvements... Read more
Google Chrome 59.0.3071.109 - Modern and...
Google Chrome is a Web browser by Google, created to be a modern platform for Web pages and applications. It utilizes very fast loading of Web pages and has a V8 engine, which is a custom built... Read more
Shredo 1.2.2 - $9.99
Shredo is a beautiful, functional file-shredding and privacy scan utility. It permanently shreds files, folders, and external volumes' contents to keep information secure and impossible for anyone to... Read more
Airfoil 5.6.1 - Send audio from any app...
Airfoil allows you to send any audio to AirPort Express units, Apple TVs, and even other Macs and PCs, all in sync! It's your audio - everywhere. With Airfoil you can take audio from any... Read more
Vitamin-R 2.48 - Personal productivity t...
Vitamin-R creates the optimal conditions for your brain to work at its best by structuring your work into short bursts of distraction-free, highly focused activity alternating with opportunities for... Read more

Latest Forum Discussions

See All

The House of da Vinci (Games)
The House of da Vinci 1.0.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0.0 (iTunes) Description: Enter The House of Da Vinci, a new must-try 3D puzzle adventure game. Solve mechanical puzzles, discover hidden... | Read more »
Solve the disappearance of history’s gre...
Blue Brain Games invites you to indulge in an immersive hands-on 3D puzzle adventure in similar vein to The Room series, with its debut release The House of Da Vinci. Set during the historic period of the Italian Renaissance (when Leonardo himself... | Read more »
Age of Rivals (Games)
Age of Rivals 3.3 Device: iOS Universal Category: Games Price: $.99, Version: 3.3 (iTunes) Description: Deep civilization-building strategy in a fast-paced card game! | Read more »
Panthera Frontier (Games)
Panthera Frontier 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: | Read more »
Angry Birds Evolution beginner's gu...
Angry Birds changes things up a fair bit in its latest iteration, Angry Birds Evolution. The familiar sling-shot physics mechanics are still there, but the game now features team-based gameplay, RPG elements, and a new top-down view. With all of... | Read more »
Sega Forever is for the retro game fans
Sega is launching a new retro games service titled Sega Forever, in a move that's sure to delight games enthusiasts with a bit of nostalgia. Sega's releasing five classic games for free. The titles include Sonic the Hedgehog, Phantasy Star II,... | Read more »
The Little Acre (Games)
The Little Acre 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: | Read more »
Lovely adventure game 'The Little A...
The Little Acre makes its way from PC to iOS today and it's a real charmer. It's a lovely little adventure game set in 1950's Ireland, gorgeously animated in a style slightly reminiscent of old Disney films. The game won a lot of praise for its... | Read more »
Futurama: Worlds of Tomorrow officially...
Futurama: Worlds of Tomorrow arrives next Thursday, and it features . . . Stephen Hawking? Turns out a few of your favorite science super stars, including Bill Nye, Neil DeGrasse Tyson, and George Takei will be making an appearance alongside the... | Read more »
MU Origin’s new update offers exciting c...
MU Origin is kicking off the summer with style. Its latest update is a real doozy, offering up plenty of fresh content. New challenges, some extra help for newcomers, and new costumes are just a few of the things you will find in the new patch. | Read more »

Price Scanner via MacPrices.net

Clearance 2016 MacBook Pros available for up...
B&H Photo has clearance 2016 13″ and 15″ MacBook Pros in stock today and on sale for up to $400 off original MSRP. Shipping is free, and B&H charges NY & NJ sales tax only: - 15″ 2.7GHz... Read more
Apple Ranks 9th In comScore Top 50 U.S. Digit...
comScore, Inc. has released its monthly ranking of U.S. online activity at the top digital media properties for May 2017 based on data from comScore Media Metrix Multi-Platform. * Entity has... Read more
10.5-inch iPad Pros available for up to $20 o...
B&H Photo has the new 2017 10.5″ iPad Pros available for up to $20 off MSRP including free shipping plus NY & NJ sales tax only: - 64GB iPad Pro WiFi: $649 - 256GB iPad Pro WiFi: $749 - 512GB... Read more
Three Off-The-Beaten-Track iOS Apps That Dese...
One of the great things about using iPads and iPhones is the vast selection of apps available for most anything you want or need to do. The three outlined in this article have been in my core app... Read more
Apple No. 1 Spot In Gartner Top 100 Vendors i...
Gartner, Inc. has unveiled the top global 100 vendors in IT in 2016 based on their revenue across IT (excluding communication services) and component market segments. In the Gartner Global Top 100:... Read more
Clearance iMacs available for up to $300 off...
B&H Photo has clearance 21″ and 27″ Apple iMacs available starting at $949, each including free shipping plus NY & NJ sales tax only: - 27″ 3.3GHz iMac 5K: $1999 $300 off original MSRP - 27″... Read more
1.4GHz Mac mini, refurbished, available for $...
The Apple Store has Apple Certified Refurbished 1.4GHz Mac minis available for $419. Apple’s one-year warranty is included, and shipping is free. Their price is $80 off MSRP, and it’s the lowest... Read more
Free Mixoo iOS Photo Editing App Gets Major U...
Button Software Technology has announced Mixoo 3.0, an important feature update to the company’s photo editor for iOS devices. Mixoo offers amazing ways to edit as well as decorate personal photo... Read more
FNable 2.0 Function Key Enabling Software Get...
Briksoftware has released FNable 2.0 With Touch Bar Support, a major new version of the function key enabling software now compatible with Touch Bar keyboards. FNable’s simplicity that allows users... Read more
Clearance 2016 12-inch Retina MacBooks, Apple...
Apple recently dropped prices on Certified Refurbished 2016 12″ Retina MacBooks, with models now available starting at $1019. Apple will include a standard one-year warranty with each MacBook, and... Read more

Jobs Board

*Apple* Retail - Multiple Positions - Apple,...
Job Description: Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, Read more
Security Data Analyst - *Apple* Information...
…data sources need to be collected to allow Information Security to better protect Apple employees and customers from a wide range of threats.Act as the subject matter Read more
Lead *Apple* Solutions Consultant - Apple I...
…integrity, and trust.Success Metrics/Key Performance Indicators:Quantitative* Year over Year growth in Apple Product and Beyond the Box sales in the assigned Point of Read more
*Apple* Solutions Consultant till v%u00E5r...
…ethics, integrity, and trust.Success Metrics/Key Performance Indicators:QuantitativeYear over Year growth in Apple Product and Beyond the Box sales in the assigned Point Read more
Sr. Software Engineer, *Apple* Retail - App...
Apple Retail is looking for a Software Engineer…You'll work on projects that touch all aspects of Apple Retail Point-of-Sale system, and will leverage your strong Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.