[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

Rodeo Stampede: Guide to all Savannah an...
A "gotta catch 'em all" joke seems appropriate here, even though we're talking animals in Rodeo Stampede and not pocket monsters. By now you've probably had plenty of rides, tamed some animals and built yourself a pretty nice zoo | Read more »
Is there cross-platform play in slither....
So you've sunken plenty of hours into crawling around in slither.io on your iPhone or iPad. You've got your stories of tragedy and triumph, the times you coiled four snakes at one time balanced out by the others when you had a length of more than... | Read more »
Rodeo Stampede guide to running a better...
In Rodeo Stampede, honing your skills so you can jump from animal to animal and outrun the herd as long as possible is only half the fun. Once you've tamed a few animals, you can bring them home with you. [Read more] | Read more »
VoxSyn (Music)
VoxSyn 1.0 Device: iOS Universal Category: Music Price: $6.99, Version: 1.0 (iTunes) Description: VoxSyn turns your voice into the most flexible vocal sound generator ever. Instantly following even subtle modulations of pitch and... | Read more »
Catch Battleplans on Google Play from Ju...
Real-time strategy title Battleplans is due for release on Google Play on June 30th, following its release for iOS systems last month. With its simple interface and pretty graphics, the crowd-pleaser brings a formerly overlooked genre out for the... | Read more »
iDoyle: The interactive Adventures of Sh...
iDoyle: The interactive Adventures of Sherlock Holmes - A Scandal in Bohemia 1.0 Device: iOS Universal Category: Books Price: $1.99, Version: 1.0 (iTunes) Description: Special Release Price $1.99 (Normally $3.99) | Read more »
Five popular free apps to help you slim...
Thanks to retail and advertising, we're used to thinking one season ahead. Here we are just a week into the summer and we're conditioned to start thinking about the fall. [Read more] | Read more »
How to ride longer and tame more animals...
It's hard to accurately describe Rodeo Stampede to people who haven't seen it yet. It's like if someone took Crossy Roadand Disco Zoo and put them in a blender, yet with a unique game mechanic that's still simple and fun for anyone. [Read more] | Read more »
Teeny Titans - A Teen Titans Go! Figure...
Teeny Titans - A Teen Titans Go! Figure Battling Game 1.0.0 Device: iOS Universal Category: Games Price: $3.99, Version: 1.0.0 (iTunes) Description: Teeny Titans, GO! Join Robin for a figure battling RPG of epic proportions! TEENY... | Read more »
NinjAwesome: Tips and tricks to be a mor...
Sorry about that headline, but I'm going to go ahead and assume that GameResort would not have named its game NinjAwesome without expecting some of that. It is, in fact, pretty awesome the way it combines an endless runner and old school arcade... | Read more »

Price Scanner via MacPrices.net

Haven App Launches New Age Of Wirless 911 Eme...
Haven from RapidSOS represents a transformation in access to emergency services from a phone call solely dependent on voice to a robust data connection for voice, text, medical/demographic data.... Read more
Cu Parachute 1.1 Retirement Success PLanning...
Tucson, Arizona based Indie developer Bradley McCarthy has announce the release of Cu (Copper) Parachute 1.1 for iPhone, iPad, and iPod touch devices — a tool with which users can continuously... Read more
Research and Markets Releases iPhone 6s Plus...
A new analysis report from Dublin-based Research and Markets observes that with the iPhone 6s Plus, Apple introduced a new rear camera module. The new device has similar structure and technology than... Read more
Apple refurbished Retina MacBook Pros availab...
Apple has Certified Refurbished 2015 13″ and 15″ Retina MacBook Pros available for up to $380 off the cost of new models. An Apple one-year warranty is included with each model, and shipping is free... Read more
Apple refurbished 11-inch MacBook Airs availa...
Apple has Certified Refurbished 11″ MacBook Airs (the latest models), available for up to $170 off the cost of new models. An Apple one-year warranty is included with each MacBook, and shipping is... Read more
Apple price trackers, updated continuously
Scan our Apple Price Trackers for the latest information on sales, bundles, and availability on systems from Apple’s authorized internet/catalog resellers. We update the trackers continuously: - 15″... Read more
12-inch 32GB and 128GB WiFi iPad Pros on sale...
B&H Photo has 12″ 32GB & 128GB WiFi iPad Pros on sale for up to $80 off MSRP, each including free shipping. B&H charges sales tax in NY only: - 12″ Space Gray 32GB WiFi iPad Pro: $749 $50... Read more
6-core Mac Pro available for $3799, save $200
B&H Photo has the 6-core 3.5GHz Mac Pro on sale for $200 off MSRP. Shipping is free, and B&H charges sales tax in NY only: - 3.5GHz 6-core Mac Pro (sku MD878LL/A): $3799.99, $200 off MSRP Read more
Apple refurbished Apple TVs available for up...
Apple has Certified Refurbished 32GB and 64GB Apple TVs available for up to $30 off the cost of new models. Apple’s standard one-year warranty is included with each model, and shipping is free: -... Read more
13-inch Retina MacBook Pros on sale for up to...
B&H Photo has 13″ Retina MacBook Pros on sale for up to $150 off MSRP. Shipping is free, and B&H charges NY tax only: - 13″ 2.7GHz/128GB Retina MacBook Pro: $1179 $120 off MSRP - 13″ 2.7GHz/... Read more

Jobs Board

*Apple* iPhone 6s and New Products Tester Ne...
…we therefore look forward to put out products to quality test for durability. Apple leads the digital music revolution with its iPods and iTunes online store, Read more
*Apple* iPhone 6s and New Products Tester Ne...
…we therefore look forward to put out products to quality test for durability. Apple leads the digital music revolution with its iPods and iTunes online store, Read more
*Apple* Retail - Multiple Positions, Towson...
Job Description: Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, Read more
*Apple* iPhone 6s and New Products Tester Ne...
…we therefore look forward to put out products to quality test for durability. Apple leads the digital music revolution with its iPods and iTunes online store, Read more
Music Marketing Lead, iTunes & *Apple*...
…Music Marketing Lead is responsible for developing robust marketing campaigns and programs for Apple Music and iTunes across the whole of Apple ecosystem. This Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.