[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

Investor Inquiries:
Don Markley +1 415 986 1591
The Financial Relations Board, Inc.


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

World of Tanks Generals guide - Tips and...
World of Tanks Generals is a brand new card game by the developer behind the World of Tanks shooter franchise. It plays like a cross between chess and your typical card game. You have to keep in consideration where you place your tanks on the board... | Read more »
TruckSimulation 16 guide: How to succeed...
Remember those strangely enjoyable truck missions in Grand Theft Auto V whereit was a disturbing amount of fun to deliver cargo? TruckSimulation 16 is reminiscent of that, and has you play the role of a truck driver who has to deliver various... | Read more »
The best GIF making apps
Animated GIFs have exploded in popularity recently which is likely thanks to a combination of Tumblr, our shorter attention spans, and the simple fact they’re a lot of fun. [Read more] | Read more »
The best remote desktop apps for iOS
We've been sifting through the App Store to find the best ways to do computer tasks on a tablet. That gave us a thought - what if we could just do computer tasks from our tablets? Here's a list of the best remote desktop apps to help you use your... | Read more »
Warhammer 40,000: Freeblade guide - How...
Warhammer 40,000: Freebladejust launched in the App Store and it lets you live your childhood dream of blowing up and slashing a bunch of enemies as a massive, hulking Space Marine. It's not easy being a Space Marine though - and particularly if... | Read more »
Gopogo guide - How to bounce like the be...
Nitrome just launched a new game and, as to be expected, it's a lot of addictive fun. It's called Gopogo, and it challenges you to hoparound a bunch of platforms, avoiding enemies and picking up shiny stuff. It's not easy though - just like the... | Read more »
Sago Mini Superhero (Education)
Sago Mini Superhero 1.0 Device: iOS Universal Category: Education Price: $2.99, Version: 1.0 (iTunes) Description: KAPOW! Jack the rabbit bursts into the sky as the Sago Mini Superhero! Fly with Jack as he lifts impossible weights,... | Read more »
Star Wars: Galaxy of Heroes guide - How...
Star Wars: Galaxy of Heroes is all about collecting heroes, powering them up, and using them together to defeat your foes. It's pretty straightforward stuff for the most part, but increasing your characters' stats can be a bit confusing because it... | Read more »
The best cooking apps (just in time for...
It’s that time of year again, where you’ll be gathering around the dinner table with your family and a huge feast in front of you. [Read more] | Read more »
Square Rave guide - How to grab those te...
Square Rave is an awesome little music-oriented puzzle game that smacks of games like Lumines, but with its own unique sense of gameplay. To help wrap your head around the game, keep the following tips and tricks in mind. [Read more] | Read more »

Price Scanner via MacPrices.net

Cyber Monday: Target offers 15% discount on A...
Target has discounted Apple Watches by 15% for Cyber Monday. Choose free shipping or free local store pickup (if available). Sale prices for online orders only, in-store prices may vary: - Apple... Read more
Sunday roundup of Holiday weekend Mac sales:...
Take up to $500 off MSRP on the price of a new Mac at B&H Photo today as part of their Black Friday/Holiday weekend sale. Shipping is free, and B&H charges NY tax only. These prices are... Read more
Holiday weekend: Apple Watch on sale for $50-...
B&H Photo has the Apple Watch on sale today for $50-$100 off MSRP. Shipping is free, and B&H charges NY sales tax only: - Apple Watch Sport: $50 off - Apple Watch: $50-$100 off Read more
Holiday weekend: iPad Air 2s on sale for up t...
B&H Photo has iPad Air 2s on sale for up to $80 off MSRP including free shipping plus NY sales tax only: - 16GB iPad Air 2 WiFi: $459 $40 off - 64GB iPad Air 2 WiFi: $569 $30 off - 128GB iPad Air... Read more
Holiday weekend Mac sales roundup: B&H Ph...
B&H Photo continues to have all new Macs on sale for up to $500 off MSRP as part of their Black Friday/Holiday weekend sale. Shipping is free, and B&H charges NY tax only: - 15″ 2.2GHz Retina... Read more
iMobie Releases its Ace iOS Cleaner PhoneClea...
iMobie Inc. has announced the new update of PhoneClean 4, its iOS cleaner designed to reclaim wasted space on iPhone/iPad for use and keep the device fast. Alongside, iMobie hosts a 3-day giveaway of... Read more
U.S. Cellular Offering iPad Pro
U.S. Cellular today announced that it is offering the new iPad Pro with Wi-Fi + Cellular, featuring a 12.9-inch Retina display with 5.6 million pixels — the most ever in an iOS device. U.S. Cellular... Read more
Newegg Canada Unveils Black Friday Deals for...
Newegg Canada is offering more than 1,000 deep discounts to Canadian customers this Black Friday, available now through Cyber Monday, with new deals posted throughout the week. “Black Friday is... Read more
Black Friday: Macs on sale for up to $500 off...
BLACK FRIDAY B&H Photo has all new Macs on sale for up to $500 off MSRP as part of their early Black Friday sale including free shipping plus NY sales tax only: - 15″ 2.2GHz Retina MacBook Pro: $... Read more
Black Friday: Up to $125 off iPad Air 2s at B...
BLACK FRIDAY Walmart has the 16GB iPad Air 2 WiFi on sale for $100 off MSRP on their online store. Choose free shipping or free local store pickup (if available): - 16GB iPad Air 2 WiFi: $399, save $... Read more

Jobs Board

Technical Program Manager, Strategic Merchant...
# Technical Program Manager, Strategic Merchants - Apple Pay Job Number: 44001177 Santa Clara Valley, Califo ia, United States Posted: Oct. 30, 2015 Weekly Hours: 40.00 Read more
Frameworks Engineer, *Apple* Watch - Apple...
# Frameworks Engineer, Apple Watch Job Number: 41403122 Santa Clara Valley, Califo ia, United States Posted: Jul. 1, 2015 Weekly Hours: 40.00 **Job Summary** Join the Read more
Software Engineer - *Apple* Pay - Apple (Un...
# Software Engineer - Apple Pay Job Number: 44003246 Santa Clara Valley, Califo ia, United States Posted: Nov. 16, 2015 Weekly Hours: 40.00 **Job Summary** Apple Pay Read more
Merchant Operations Manager: *Apple* Pay -...
# Merchant Operations Manager: Apple Pay Job Number: 43593822 Santa Clara Valley, Califo ia, United States Posted: Nov. 10, 2015 Weekly Hours: 40.00 **Job Summary** The Read more
Product Design Engineer - *Apple* Watch - A...
# Product Design Engineer - Apple Watch Job Number: 41727161 Santa Clara Valley, Califo ia, United States Posted: Jul. 22, 2015 Weekly Hours: 40.00 **Job Summary** Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.