{i}SystemSoft Corporation{/i} Recapitalized for E-Commerce, Wireless

Please select the service you want to use:

• Newsvine
• Digg
• Delicious
• StumbleUpon
• Technorati
• Buzz
• Favorites
• Google Reader

Close

NATICK, MA -- March 20, 2000 -- SystemSoft Corporation has announced a revitalized corporate strategy following its recent emergence from Chapter 11 bankruptcy.

Now recapitalized through an acquisition by enterprise software developer Rocket Software, Inc. of Natick, Mass., SystemSoft plans to ramp up product releases, marketing activity, OEM relationships, eCommerce capabilities, and related product development staffing.

Customers of SystemSoft's flagship products will continue to see new releases in 2000. Media and VAR campaigns on hold since the advent of the now completed reorganization - are also planned for this year, as are products for the burgeoning wireless market.

"SystemSoft is again a company with a bright future," said Stephen Burke, SystemSoft CFO. "The excellent team we already have in place is now unshackled, and we're looking forward to adding to that team aggressively."

SystemSoft, one of the shining stars of the New England high tech community in the 1990s, lost its footing in the market and subsequently spun off several of its core products to other companies. The company is now profitable, and its current portfolio includes the popular CardWizard, which provides plug-and-play capabilities to mobile Windows NT users, and the diagnostic and repair utility SystemWizard. SystemWizard is due to be positioned as a Web-based service this month.

"This is a company that has unmatched working knowledge of PCs and mobile users," said Business Unit Manager Sherri Way. "We are building on SystemSoft's considerable strengths, and will be offering new and exciting technologies in 2000."

SystemSoft will mark its reemergence at the FOSE government IT convention April 18-20 in Washington, DC. with trial copies of its current products being given away at its pedestal in the Microsoft pavilion area.

Any statements that are not historical facts contained in this release, including statements regarding management's goals and objectives, the Company's future strategy, prospective strategic alliances, and management's operating plans are forward looking statements. Those statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including but not limited to those relating to the market acceptance of the Company's products.

About Rocket Software

Rocket Software (www.rocketsoftware.com) is a global software development firm that builds enterprise products and delivers enterprise solutions in the following segments: Business Intelligence and Analytics; Storage, Networks, and Compliance; Application Development, Integration, and Modernization; and Database Servers and Tools. Rocket is engaged in business and technology partnerships with IBM, EMC, Fujitsu, HP Enterprise Services, Avaya, Motorola, Epicor, and many others. The company is headquartered in Waltham, Massachusetts, USA.