[NPL] Pervasive to Acquire EveryWare Development
TweetFollow Us on Twitter

[NPL] Pervasive to Acquire EveryWare Development

EveryWare Development to be acquired by Pervasive Software

Pervasive Software Offers to Purchase Award-winning Internet Technology for
New Generation of Zero-administration, Web-enabled Data Management
Solutions

Mississauga, Ontario--October 1, 1998--EveryWare Development Inc. (ASE:
EVE), the leading developer of cross-platform software for the construction
and analysis of dynamic Web applications, today announced that it has
signed a definitive support agreement with Pervasive Software Inc. (NASDAQ:
PVSW) of Austin, Texas. Pervasive has agreed to commence an offer to
purchase for cash all of the outstanding Common Shares of EveryWare
Development Inc. at a price of Canadian $1.20 per share. In addition,
Pervasive has entered into a Lock-Up Agreement with certain shareholders of
EveryWare, representing more than 50% of EveryWares outstanding shares.
Such shareholders have irrevocably agreed to tender their shares into the
Pervasive offer. If all the Common Shares are tendered into the offer, the
value of the offer is approximately $14,634,000. The total value of the
acquisition, including assumption of outstanding options and warrants, is
approximately $16,232,000.

This acquisition will ensure our customers and partners will continue to
be provided with award winning, world-class technology in the future, said
Dan McKenzie, Chairman and COO of EveryWare Development Inc. Pervasive
Software is a very strong company, they bring financial stability, a strong
reseller base, and a unique vision to EveryWare's products. I am confident
that this acquisition is a positive step forward for all involved and that
Pervasive will be very successful selling and marketing Tango and Bolero as
zero-administration, high performance, Web-enabled applications.

Delivers Easy, Zero-Administration Internet Solutions Pervasive will
continue to sell and support all of EveryWares software solutions, which
include Tango, a rapid development environment for creating dynamic
Web-based business applications, and Bolero, a real-time Internet decision
support system that monitors and analyzes Web-site traffic. The combination
of EveryWare's easy-to-use Web-based products and Pervasive's
zero-administration embedded database provides significant synergies for
EveryWare's current customers and Pervasive's reseller channel. Pervasive
is now poised to deliver a new suite of rapid development and zero
administration tools for packaged Internet applications.

We currently use both EveryWares Tango and Pervasives databases in our
products said Terry Hui, CEO of Multiactive Software Inc., the makers of
Maximizer. Combining EveryWares products with Pervasives
zero-administration database features will allow us to further extend our
Internet capabilities while leveraging our business and reseller models.

The Offer
The offer to purchase EveryWare Common Shares is conditional upon, among
other things, at least 66 2/3% of the then outstanding Common Shares being
tendered. The Board of Directors of EveryWare has unanimously approved the
offer and recommends that shareholders tender their Common Shares into the
offer. In addition, EveryWare has agreed not to solicit, encourage or
recommend any other offer for its shares.

An offering circular containing details of the offer is expected to be
mailed to all registered holders of Common Shares on or before October 10,
1998. A notice relating to the offer will also be published in the
financial press. The offer is expected to expire at 12:00 midnight (local
time) on the 21st day following the date of the offer, unless extended.

About EveryWare Development Inc.
EveryWare Development Inc. is the leading developer of cross-platform
software for the construction and analysis of dynamic Web applications. The
company supports multiple operating environments, including Microsoft
Windows NT/95, Sun Solaris, IBM AIX, and Apple MAC OS. EveryWare has two
key products: Tango Enterprise, a Web application development environment
that includes the Tango Enterprise Development Studio and Tango Enterprise
Application Server; and Bolero, a real-time enterprise Web site tracking
and analysis application. Visit our Web site at http://www.everyware.com.
For more information on EveryWare or any of EveryWares products, call
888-819-2500 or 905-819-1173, or email us at info@everyware.com

About Pervasive
Pervasive Software Inc. is a leading provider of zero-administration
embedded database software for the cost-effective deployment and support of
packaged client/server, Web enabled and occasionally connected
applications. With the inclusion of EveryWares products, Pervasive expects
to become a leading provider of zero-administration, Web-enabled data
management solutions. Pervasive.SQL, the companys zero-administration
database, is embedded in thousands of leading client/software solutions
worldwide. More than 10,000 value-added resellers (VARs) and independent
software vendors (ISVs) build packaged applications on Pervasive solutions
for environments with little or no IT support. The companys channel-driven
approach to selling, marketing, and supporting its products caters to the
specific needs of ISVs, VARs, in-house development organizations and the no
IT infrastructure business environments they serve.

Headquartered in Austin, Texas, Pervasive Software offers worldwide
distribution, with offices in Frankfurt, Paris, London, Brussels, Dublin,
Tokyo, and Hong Kong. For more information on Pervasive call (800) 287-4383
or (512) 794-1719, visit us at www.pervasive.com, or email
info@pervasive.com.

Financial Contact:
David Hackett
Chief Financial Officer
(905) 819-1173 x261
dhackett@everyware.com

Press Contact:
Jeff Hendry
(905)819-1173 ext.262
jhendry@everyware.com

 

Community Search:
MacTech Search:

Software Updates via MacUpdate

WhiteCap 6.7.1 - Visual plug-in for iTun...
WhiteCap is a sleek and sophisticated music visualizer and screensaver that features futuristic, wireframe mesh visuals with dynamic backgrounds and colors. WhiteCap contains thousands of visual... Read more
DiskMaker X 6.0 rc5 - Make a bootable OS...
DiskMaker X (was Lion DiskMaker) helps you to build a bootable drive from the official OS X installer app (the one you download from the Mac App Store). It detects the OS X Install program with... Read more
Lyn 1.9 - Lightweight image browser and...
Lyn is a fast, lightweight image browser and viewer designed for photographers, graphic artists, and Web designers. Featuring an extremely versatile and aesthetically pleasing interface, it delivers... Read more
MacFamilyTree 8.2.1 - Create and explore...
MacFamilyTree gives genealogy a facelift: modern, interactive, convenient and fast. Explore your family tree and your family history in a way generations of chroniclers before you would have loved.... Read more
LaunchBar 6.9 - Powerful file/URL/email...
LaunchBar is an award-winning productivity utility that offers an amazingly intuitive and efficient way to search and access any kind of information stored on your computer or on the Web. It provides... Read more
LaunchBar 6.9 - Powerful file/URL/email...
LaunchBar is an award-winning productivity utility that offers an amazingly intuitive and efficient way to search and access any kind of information stored on your computer or on the Web. It provides... Read more
MacFamilyTree 8.2.1 - Create and explore...
MacFamilyTree gives genealogy a facelift: modern, interactive, convenient and fast. Explore your family tree and your family history in a way generations of chroniclers before you would have loved.... Read more
Spotify 1.0.57.474. - Stream music, crea...
Spotify is a streaming music service that gives you on-demand access to millions of songs. Whether you like driving rock, silky R&B, or grandiose classical music, Spotify's massive catalogue puts... Read more
VOX 2.8.26 - Music player that supports...
VOX just sounds better! The beauty is in its simplicity, yet behind the minimal exterior lies a powerful music player with a ton of features and support for all audio formats you should ever need.... Read more
beaTunes 5.0.1 - Organize your music col...
beaTunes is a full-featured music player and organizational tool for music collections. How well organized is your music library? Are your artists always spelled the same way? Any R.E.M. vs REM?... Read more

Latest Forum Discussions

See All

This War of Mine gets a new ending and m...
This War of Mine just got a big new update, featuring free DLC that adds a new ending to the game, among other exciting changes. The update is celebrating the game's two-year release anniversary. Apart from the new ending, which will be quite... | Read more »
Summon eight new heroes in Fire Emblem H...
Nintendo keeps coming at us with Fire Emblem Heroes updates, and it doesn't look like that trend is stopping anytime soon. The folks behind the game have just announced the new War of the Clerics Voting Gauntlet, expected to start next Tuesday. [... | Read more »
The best deals on the App Store this wee...
iOS publishers are pulling out all the stops this week -- there's a huge number of seriously great games at discounted prices this week. Let's not waste any time and get right down to business. [Read more] | Read more »
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 »

Price Scanner via MacPrices.net

ABBYY TextGrabber 6 for iOS Implements Instan...
ABBYY has announced the release of TextGrabber 6.0.0, an important feature update to the company’s productivity app developed for iOS and Android devices. TextGrabber 6.0 now offers Real-Time... Read more
vPhone, First Smartphone That Can’t Be Lost,...
Austin, Texas based Hypori has introduced the vPhone, a virtual smartphone that affords every business user the benefits of separate work and personal phones, conveniently delivered on a single... Read more
Save this weekend with 2016 refurbished MacBo...
Apple has dropped prices on Certified Refurbished 2016 15″ and 13″ MacBook Pros by as much as $590 off original MSRP. An Apple one-year warranty is included with each model, and shipping is free: -... Read more
New 27-inch 3.4GHz iMac on sale for $1699, sa...
MacMall has the new 2017 27″ 3.4GHz iMac (MNE92LL/A) in stock and on sale for $1699 including free shipping. Their price is $100 off MSRP. Read more
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

Jobs Board

*Apple* News Product Marketing Mgr., Publish...
…organizational consensus on strategy and vision for publisher tools, authoring, and Apple News Format.Carries this strategy and vision across the organization to Read more
*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
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.