[MD1] Smith Micro Acquires Pacific Coast Software
TweetFollow Us on Twitter

[MD1] Smith Micro Acquires Pacific Coast Software

SMITH MICRO ACQUIRES PACIFIC COAST SOFTWARE

Positions Smith Micro in the Growing eCommerce Market and Strengthens the
Company's Internet Offerings

September 13, 1999 -- Aliso Viejo, CA -- Smith Micro Software, Inc.
(Nasdaq: SMSI), a leading worldwide developer and marketer of Internet
communication software, today announced that it has acquired Pacific Coast
Software, a San Diego-based developer, service provider and marketer of
eCommerce and other custom software solutions for businesses.

Terms of the Acquisition

Smith Micro issued 1.0 million shares of its common stock as consideration
for the purchase, which was accounted for as a pooling of interests.
Pacific Coast Software will become a wholly owned subsidiary of Smith
Micro. Further terms of the acquisition were not disclosed.

Strategic Importance

"The addition of Pacific Coast clearly positions us in the growing field of
eCommerce and supports our continuing focus on offering Internet related
technologies, services and products," said William W. Smith, Jr., President
and CEO of Smith Micro. "The acquisition allows us to penetrate this
significant market while diversifying our current business model and
enhancing our overall Internet capabilities," said Mr. Smith. "Pacific
Coast's products, consulting and Web store hosting services help businesses
easily build and operate secure, web-based storefronts, allowing customers
to take advantage of the Internet as a sales, marketing and distribution
medium for their products and services.

"Our long-term strategy focuses, in part, on broadening our Internet
offerings, and we see this acquisition as a good opportunity to leverage
our expertise and experience in providing customers with value added,
web-based capabilities. In addition, as owners of Internet storefronts
continue to look for ways to make their sites stand apart from the crowd,
we expect an increase in the use of Internet telephony and video on these
sites," commented Mr. Smith. "Because Smith Micro is a leader in providing
these applications to Internet users, through our Internet CommSuite and
conexs.com products, we expect to be able to enhance Pacific Coast
Software's current offerings. In addition, the strong relationships we've
built with a wide range of distribution partners will help us effectively
market Pacific Coast's eCommerce products and services. These relationships
will allow us to pursue additional marketing opportunities for the
eCommerce product line, including product bundling through OEMs and retail
sales in the aftermarket."

"Pacific Coast's offerings substantially reduce the start-up costs and
amount of time and knowledge required to launch an online store, permitting
customers to publish a catalog and sell products online without investing
substantial amounts of capital," said Jay Van Vark, President of Pacific
Coast Software. "We are extremely excited to be a part of Smith Micro to
further enhance the products we can offer to our customers."

"Adding Pacific Coast to our family further strengthens our commitment to
bringing high quality products and services to the Internet community and
related markets," concluded Mr. Smith.

About Pacific Coast Software

Pacific Coast Software provides one of the most powerful solutions for
Internet commerce. The company's WebCatalog product allows customers to
easily design an online storefront, with quick 5- minute installation and
multiple storefronts from which to choose. Its WebMerchant product works
in conjunction with WebCatalog to provide automated credit card payment and
authorization, order notification and electronic delivery information to an
online storefront owner. Pacific Coast provides web hosting for its
eCommerce customers, as well as consulting services that provide a turnkey
approach from concept to site launch. Mr. Van Vark, as well as other
principals from Pacific Coast Software, will remain with Smith Micro.

Pacific Coast's customer base includes Ben and Jerry's, the Pillsbury Dough
Boy Shop, the NCAA Final Four and the Museum of Television and Radio.

About Smith Micro

Headquartered in Aliso Viejo, California, Smith Micro is a leading
developer and marketer of software products that make communications
simple. With a focus on the Internet, broadband and modem-based
technologies, the company designs integrated, easy-to-use software that
enables fax, data, voice and video communication to personal computer users
around the world. Smith Micro's complete line of products is available
through direct sales, retail stores, value-added resellers (VARs) and
original equipment manufacturers (OEMs). Smith Micro's common stock trades
on The Nasdaq Stock Market under the symbol SMSI. For more information,
contact Smith Micro at 949/362-5800. For more information on Pacific Coast
Software visit www.pacific-coast.com.

This release may contain forward-looking statements that involve risks and
uncertainties. Among the important factors which could cause actual results
to differ materially from those in the forward-looking statements are
economic, competitive, governmental and technological factors effecting the
company's operations, markets, products, services and prices, as well as,
other factors detailed in the company's filings with the Securities and
Exchange Commission including its recent filings on Forms 10-K and 10-Q.

 
AAPL
$98.38
Apple Inc.
-0.64
MSFT
$43.89
Microsoft Corpora
-0.09
GOOG
$585.61
Google Inc.
-4.99

MacTech Search:
Community Search:

Software Updates via MacUpdate

Drive Genius 3.2.4 - Powerful system uti...
Drive Genius is an OS X utility designed to provide unsurpassed storage management. Featuring an easy-to-use interface, Drive Genius is packed with powerful tools such as a drive optimizer, a... Read more
Vitamin-R 2.15 - 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
Toast Titanium 12.0 - The ultimate media...
Toast Titanium goes way beyond the very basic burning in the Mac OS and iLife software, and sets the standard for burning CDs, DVDs, and now Blu-ray discs on the Mac. Create superior sounding audio... Read more
OS X Yosemite Wallpaper 1.0 - Desktop im...
OS X Yosemite Wallpaper is the gorgeous new background image for Apple's upcoming OS X 10.10 Yosemite. This wallpaper is available for all screen resolutions with a source file that measures 5,418... Read more
Acorn 4.4 - Bitmap image editor. (Demo)
Acorn is a new image editor built with one goal in mind - simplicity. Fast, easy, and fluid, Acorn provides the options you'll need without any overhead. Acorn feels right, and won't drain your bank... Read more
Bartender 1.2.20 - Organize your menu ba...
Bartender lets you organize your menu bar apps. Features: Lets you tidy your menu bar apps how you want. See your menu bar apps when you want. Hide the apps you need to run, but do not need to... Read more
TotalFinder 1.6.2 - Adds tabs, hotkeys,...
TotalFinder is a universally acclaimed navigational companion for your Mac. Enhance your Mac's Finder with features so smart and convenient, you won't believe you ever lived without them. Tab-based... Read more
Vienna 3.0.0 RC 2 :be5265e: - RSS and At...
Vienna is a freeware and Open-Source RSS/Atom newsreader with article storage and management via a SQLite database, written in Objective-C and Cocoa, for the OS X operating system. It provides... Read more
VLC Media Player 2.1.5 - Popular multime...
VLC Media Player is a highly portable multimedia player for various audio and video formats (MPEG-1, MPEG-2, MPEG-4, DivX, MP3, OGG, ...) as well as DVDs, VCDs, and various streaming protocols. It... Read more
Default Folder X 4.6.7 - Enhances Open a...
Default Folder X attaches a toolbar to the right side of the Open and Save dialogs in any OS X-native application. The toolbar gives you fast access to various folders and commands. You just click... Read more

Latest Forum Discussions

See All

Note Review
Note Review By Jennifer Allen on July 29th, 2014 Our Rating: :: TOO SIMPLEiPhone App - Designed for the iPhone, compatible with the iPad Note is a note taking app that’s a little too short on features to be worth its asking price... | Read more »
Chainsaw Warrior Goes on Sale & Ther...
Chainsaw Warrior Goes on Sale & There’s a Chance to Win a Copy of the Original Board Game Posted by Jennifer Allen on July 29th, 2014 [ permalink | Read more »
It Came From Canada: Tiny Tower Vegas
If you go to a casino, you might make a lot of money. If you run a casino, you’re guaranteed to make a lot of money. The choice seems pretty obvious. So while waiting for your shady real estate deals to move forward, get prepared with Tiny Tower... | Read more »
Z Hunter Review
Z Hunter Review By Lee Hamlet on July 29th, 2014 Our Rating: :: RIGHT ON TARGETUniversal App - Designed for iPhone and iPad While it might not necessarily break new ground, Z Hunter has enough tricks up its sleeve to ensure that... | Read more »
Huge Update Comes To Duet, Adding 48 New...
Huge Update Comes To Duet, Adding 48 New Stages Posted by Jennifer Allen on July 29th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Sharknado: The Video Game Available Now....
Sharknado: The Video Game Available Now. Seriously. Posted by Rob Rich on July 29th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Frog Orbs 2 Review
Frog Orbs 2 Review By Nadia Oxford on July 29th, 2014 Our Rating: :: THIS MAGIC IS A TAD MONOTONOUS Universal App - Designed for iPhone and iPad Frog Orbs 2 is repetitive, but younger players should enjoy it nonetheless.   | Read more »
Puzzix Review
Puzzix Review By Jennifer Allen on July 29th, 2014 Our Rating: :: NICE IDEAUniversal App - Designed for iPhone and iPad A little like Tetris, Puzzix is all about piecing together blocks and watching them vanish. It could do with... | Read more »
Cannonball eMail is Now Live – Works Wit...
Cannonball eMail is Now Live – Works With Gmail, Yahoo, Outlook, Hotmail, and AOL Posted by Jessica Fisher on July 29th, 2014 [ permalink ] | Read more »
To The End Review
To The End Review By Lee Hamlet on July 29th, 2014 Our Rating: :: A VICIOUS CYCLEUniversal App - Designed for iPhone and iPad To The End will test players’ patience, timing, and dedication as they try to navigate all 13 levels in... | Read more »

Price Scanner via MacPrices.net

Apple Updates MacBook Pro with Retina Display...
Apple today updated its MacBook Pro with Retina display with faster processors and double the amount of memory in both entry-level configurations. MacBook Pro with Retina display features a Retina... Read more
Up to $250 price drop on leftover 15-inch Mac...
B&H Photo has dropped prices on 2013 15″ Retina MacBook Pros by as much as $250 off original MSRP. Shipping is free, and B&H charges NY sales tax only: - 15″ 2.3GHz Retina MacBook Pro: $2349... Read more
Updated MacBook Pro Price Trackers
We’ve updated our MacBook Pro Price Trackers with the latest information on prices, bundles, and availability on the new 2014 models from Apple’s authorized internet/catalog resellers as well as... Read more
Apple updates MacBook Pros with slightly fast...
Apple updated 13″ and 15″ Retina MacBook Pros today with slightly faster Haswell processors. 13″ models now ship with 8GB of RAM standard, while 15″ MacBook Pros ship with 16GB across the board. Most... Read more
Apple drops price on 13″ 2.5GHz MacBook Pro b...
The Apple Store has dropped their price for the 13″ 2.5GHz MacBook Pro by $100 to $1099 including free shipping. Read more
Apple drops prices on refurbished 2013 MacBoo...
The Apple Store has dropped prices on Apple Certified Refurbished 13″ and 15″ 2013 MacBook Pros, with model now available starting at $929. Apple’s one-year warranty is standard, and shipping is free... Read more
iOS 8 and OS X 10.10 To Support DuckDuckGo As...
Writing for Quartz, Dan Frommer reports that Apple’s forthcoming iOS 8 and OS X 10.10 operating systems version updates will allow users to select DuckDuckGo as their default search engine. He notes... Read more
U.K. Hospital Using iPods and iPads To Record...
British news journal GazetteLive’s. Ian McNeal notes that the old “an apple a day keeps the doctor away” proverb is being turned on its head at http://southtees.nhs.uk/hospitals/james-cook/ James... Read more
13-inch 2.5GHz MacBook Pro on sale for $1099,...
Best Buy has the 13″ 2.5GHz MacBook Pro available for $1099.99 on their online store. Choose free shipping or free instant local store pickup (if available). Their price is $100 off MSRP. Price is... Read more
Roundup of Apple refurbished MacBook Pros, th...
The Apple Store has Apple Certified Refurbished 13″ and 15″ MacBook Pros available for up to $400 off the cost of new models. Apple’s one-year warranty is standard, and shipping is free. Their prices... Read more

Jobs Board

Sr Software Lead Engineer, *Apple* Online S...
Sr Software Lead Engineer, Apple Online Store Publishing Systems Keywords: Company: Apple Job Code: E3PCAK8MgYYkw Location (City or ZIP): Santa Clara Status: Full Read more
*Apple* Solutions Consultant (ASC) - Apple (...
**Job Summary** The ASC is an Apple employee who serves as an Apple brand ambassador and influencer in a Reseller's store. The ASC's role is to grow Apple Read more
Sr. Product Leader, *Apple* Store Apps - Ap...
**Job Summary** Imagine what you could do here. At Apple , great ideas have a way of becoming great products, services, and customer experiences very quickly. Bring Read more
*Apple* Solutions Consultant (ASC) - Apple (...
**Job Summary** The ASC is an Apple employee who serves as an Apple brand ambassador and influencer in a Reseller's store. The ASC's role is to grow Apple Read more
*Apple* Solutions Consultant (ASC) - Apple (...
**Job Summary** The ASC is an Apple employee who serves as an Apple brand ambassador and influencer in a Reseller's store. The ASC's role is to grow Apple Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.