[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

NetNewsWire 4.0.0 - RSS and Atom news re...
NetNewsWire is the best way to keep up with the sites and authors you read most regularly. Let NetNewsWire pull down the latest articles, and read them in a distraction-free and Mac-like way. Native... Read more
MacUpdate Desktop 6.0.6 - Search and ins...
MacUpdate Desktop 6 brings seamless 1-click installs and version updates to your Mac. With a free MacUpdate account and MacUpdate Desktop 6, Mac users can now install almost any Mac app on macupdate.... Read more
ForkLift 2.6.5 - Powerful file manager:...
ForkLift is a powerful file manager and ferociously fast FTP client clothed in a clean and versatile UI that offers the combination of absolute simplicity and raw power expected from a well-executed... Read more
Drive Genius 4.1.0 - Powerful system uti...
Drive Genius 4 gives you faster performance from your Mac while also protecting it. The award-winning and improved DrivePulse feature alerts you to hard drive issues before they become major problems... Read more
OnyX 2.9.7 - Maintenance and optimizatio...
OnyX is a multifunctional utility for OS X. It allows you to verify the startup disk and the structure of its System files, to run miscellaneous tasks of system maintenance, to configure the hidden... Read more
DEVONthink Pro 2.8.5 - Knowledge base, i...
DEVONthink Pro is your essential assistant for today's world, where almost everything is digital. From shopping receipts to important research papers, your life often fills your hard drive in the... Read more
Backblaze 4.0.1.878 - Online backup serv...
Backblaze is an online backup service designed from the ground-up for the Mac.With unlimited storage available for $5 per month, as well as a free 15-day trial, peace of mind is within reach with... Read more
Apple Remote Desktop Client 3.8.4 - Clie...
Note: Apple Remote Desktop Client is available only through Software Update (the Updates tab in App Store.app. Apple Remote Desktop Client is the best way to manage the Mac computers on your network... Read more
Merlin Project 3.0.7.39619 - Project man...
Merlin Project is for those of you who are responsible for complex projects. Simple lists of tasks won't suffice. Good planning raises questions about the dependencies of activities on each other,... Read more
Tidy Up 4.1.0 - Find duplicate files and...
Tidy Up is a complete duplicate finder and disk-tidiness utility. With Tidy Up you can search for duplicate files and packages by the owner application, content, type, creator, extension, time... Read more

Carbo - Handwriting in the Digital Age...
Carbo - Handwriting in the Digital Age 1.0 Device: iOS Universal Category: Productivity Price: $3.99, Version: 1.0 (iTunes) Description: | Read more »
The Apple Watch isn't Great as a Fi...
| Read more »
Show the World What You See With Stre.am...
Live broadcasting is getting popular on mobile devices, which is why you can now get Stre.am, by Infinite Takes. [Read more] | Read more »
PhotoTime's 2.1 Update Adds Apple W...
The latest PhotoTime update is adding even more functionality to the handy photo organizing app. Yep, including Apple Watch support. [Read more] | Read more »
Oh My Glob! Adventure Time Puzzle Quest...
Finn and Jake are taking over D3 Go!'s popular puzzle game series in the upcoming Adventure Time Puzzle Quest. [Read more] | Read more »
Earthcore: Shattered Elements - Tips, Tr...
At first glance, Earthcore: Shattered Elements seems like a rather simple card-battling game. Once you’re introduced to skills that will change quite a bit. Even more so once you start to acquire hero cards. But it’s not so complicated that we... | Read more »
Dungeon999F (Games)
Dungeon999F 1.33 Device: iOS Universal Category: Games Price: $.99, Version: 1.33 (iTunes) Description: "The game you must play at least once in your life!" "The game with potential of million downloads globally!" ...is what the... | Read more »
Mixels Rush - Use Mixes, Maxes and Murps...
Mixels Rush - Use Mixes, Maxes and Murps to Outrun the Nixels 1.0.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.0 (iTunes) Description: Use awesome new Mixels and make crazy combinations to beat the annoying... | Read more »
Battles of the Ancient World II (Games)
Battles of the Ancient World II 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: | Read more »
Sword Of Xolan (Games)
Sword Of Xolan 1.0.4 Device: iOS Universal Category: Games Price: $.99, Version: 1.0.4 (iTunes) Description: Sword of Xolan is an action platformer game that includes the juice of pixel art style. Xolan is a young and brave man who... | Read more »

Price Scanner via MacPrices.net

Sale! 16GB iPad mini 3 for $349, save $50
B&H Photo has the 16GB iPad mini 3 WiFi on sale for $349 including free shipping plus NY sales tax only. Their price is $50 off MSRP, and it’s the lowest price available for this model. Read more
Price drop on 2014 15-inch Retina MacBook Pro...
B&H Photo has dropped prices on 2014 15″ Retina MacBook Pros by $200. Shipping is free, and B&H charges NY sales tax only: - 15″ 2.2GHz Retina MacBook Pro: $1799.99 save $200 - 15″ 2.5GHz... Read more
Will iOS 9 Finally Bring Productivity Friendl...
Ah, the irony. From its original announcement in 2010, Apple has doggedly insisted that the iPad remain “simple,” thus arbitrarily limiting its considerable potential as a content creation and... Read more
13-inch 2.5GHz MacBook Pro (refurbished) avai...
The Apple Store has Apple Certified Refurbished 13″ 2.5GHz MacBook Pros available for $829, or $270 off the cost of new models. Apple’s one-year warranty is standard, and shipping is free: - 13″ 2.... Read more
Mac Pros on sale for up to $260 off MSRP
B&H Photo has Mac Pros on sale for up to $260 off MSRP. Shipping is free, and B&H charges sales tax in NY only: - 3.7GHz 4-core Mac Pro: $2799, $200 off MSRP - 3.5GHz 6-core Mac Pro: $3719.99... Read more
Save up to $600 with Apple refurbished Mac Pr...
The Apple Store has Apple Certified Refurbished Mac Pros available for up to $600 off the cost of new models. An Apple one-year warranty is included with each Mac Pro, and shipping is free. The... Read more
Apple drops price on refurbished 15-inch 2.2G...
The Apple Store has dropped their price on the Apple Certified Refurbished 2014 15″ 2.2GHz Retina MacBook Pro to $1609, $390 off original MSRP. Apple’s one-year warranty is included, and shipping is... Read more
Apple restocks refurbished Mac minis for up t...
The Apple Store has restocked Apple Certified Refurbished 2014 Mac minis, with models available starting at $419. Apple’s one-year warranty is included with each mini, and shipping is free: - 1.4GHz... Read more
Cover For iPhone Helps You Create Beautiful P...
Taking photos, editing and sharing them is one of the things most of people do on their iPhones for fun, especially if they’re users of social media. Unfortunately, many iOS photo-editing solutions... Read more
Password Keyboard 1.0 For iOS Handles Logins...
Pfaeffikon, Switzerland based Power APP has introduced Password Keyboard 1.0.0, their new password utility developed for iPhone, iPad and iPod touch devices. Password Keyboard is designed to simplify... Read more

Jobs Board

Project Manager / Business Analyst, WW *Appl...
…a senior project manager / business analyst to work within our Worldwide Apple Fulfillment Operations and the Business Process Re-engineering team. This role will work Read more
Visual Merchandise Manager %u2013 Accessories...
…to be part of an incredible team. Imagine what you could do here. At Apple , great ideas have a way of becoming reality very quickly. Our Accessories assortment makes Read more
*Apple* Solutions Consultant - Retail Sales...
**Job Summary** As an Apple Solutions Consultant (ASC) you are the link between our customers and our products. Your role is to drive the Apple business in a retail Read more
*Apple* Solutions Consultant - Retail Sales...
**Job Summary** The ASC is an Apple employee who serves as the Apple business manager and influencer in a hyper-business critical Reseller's store which delivers Read more
Technical Project Manager - *Apple* Pay - A...
**Job Summary** Apple Pay is seeking an experienced technical PM…manage the rollout of features to merchants for the Apple Pay platform in the US Within this role Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.