1999
Document Sciences Announces Transactional Web ProductCARLSBAD, CA (December 14, 1999) - Document Sciences (NASDAQ: DOCX), a global leader in Document Automation solutions, today announced the general availability of DLS Web Express, the latest version of its popular Document Library Services™ (DLS) product. DLS Web Express™ now provides users an end-to-end solution for compliance document management and production in traditional print and electronic web distribution environments.
Document Sciences Lands New Order from Major Insurance CompanyCARLSBAD, CA (December 6, 1999) - Document Sciences (NASDAQ: DOCX) is pleased to announce receipt of an initial order valued at $308,000 from a major US insurance company. The order consists of a $250,000 software license for Mainframe and NT based CompuSet® 7.0, Document Library Services™ (DLS) 5.0, and 5 seats of the company's newly introduced Visual CompuSet Pro™ rapid application development software. Accompanying the order is a first year maintenance agreement valued at $58,000. Under the terms of a preferred vendor licensing agreement, the customer receives enterprise rights to licensed products once it deploys a cumulative total of $3,000,000 of initial licensing fees at pre-negotiated pricing levels.
Document Sciences Retains Merrill Lynch to Explore Strategic AlternativesCARLSBAD, CA (November 12, 1999) - Document Sciences (NASDAQ: DOCX) announced today that it has retained Merrill Lynch & Co. to assist the Company in exploring strategic alternatives designed to improve shareholder value. Commenting on this transaction, Barton Faber, President and Chief Executive Officer, stated, "We believe that Document Sciences current stock price does not reflect the Company's improved results, financial position nor it's potential for significant growth. It is likely that our products, customer base and development activities can be coupled with complementary technology and provide shareholders and customers with greater value than they are currently experiencing. The Board of Directors has authorized management to examine a broad range of possible actions to that end."
Document Sciences Inks $672,720 Order through IBM ProgramCARLSBAD, CA (November 8, 1999) - Document Sciences (NASDAQ: DOCX) is very pleased to announce the receipt of its first major order through its existing IBM Software Marketing Agreement. This initial order is comprised of a $439,950 software license agreement, a $132,770 three-year maintenance agreement, and a $100,000 professional services agreement. The Autograph architecture products licensed include Color CompuSet® 7.0, Document Library Services™ 5.0, and the first two copies of our recently launched Visual CompuSet Professional Edition™ rapid application development environment.
Document Sciences Announces Visual CompuSet Professional Edition™CARLSBAD, CA (November 2, 1999) Document Sciences Corporation (NASDAQ: DOCX) announced today Visual CompuSet Professional Edition, an interactive document design tool that offers document designers a powerful, Windows-based graphical user interface for Color CompuSet, Document Sciences' flagship composition product. Together, Visual CompuSet Professional Edition and Color CompuSet® represent a leadership offering for high-quality departmental and/or enterprise-wide variable data document production in the insurance, financial services, and commercial printing marketplaces.
Document Sciences Announces Third Quarter 1999 ResultsCARLSBAD, CA (October 21, 1999) - Document Sciences Corporation (NASDAQ: DOCX - news) today reported net income for the quarter ended September 30, 1999, was $461,200 compared with a net loss of $956,100 for the quarter ended September 30, 1998. Net income per share was $.04, based on 10,801,352 diluted shares outstanding compared with net loss per share of $.09, based on 10,637,041 shares outstanding, for the same quarter in 1998.
Document Sciences Set to Dazzle at Xplor '99CARLSBAD, CA (October 14, 1999) - Document Sciences (NASDAQ: DOCX) will be announcing worldwide general availability of its newest product, Visual CompuSet Professional Edition™ (VC Pro), at the Xplor International conference to be held in Los Angeles, California from November 1-4, 1999. Document Sciences has been an active member of Xplor since 1992, and has formal sales and marketing agreements with the IBM Printing Systems Company and Xerox Corporation, both founding members of the Xplor Joint Technology Council.
Document Sciences Inks Deal with Xerox LimitedCARLSBAD, CA (October 8, 1999) - Document Sciences Corporation (NASDAQ: DOCX) is pleased to announce that it has entered into a three year multinational Value Added Reseller (VAR) agreement with Xerox Limited. The agreement enables Xerox Limited to resell the company's products in Europe and Asia, and will replace or supplement existing agreements with individual Xerox operating companies. Under the terms of the new agreement, marketing and support will be managed through Xerox Europe's Document Solutions Group headquartered in the United Kingdom.
Document Sciences Announces Release of Visual CompuSet Professional Edition™ CARLSBAD, CA (October 5, 1999) - On September 30, 1999, Document Sciences (NASDAQ: DOCX), a global leader in Document Automation solutions, released Visual CompuSet Professional Edition (VC Pro) for Beta distribution. VC Pro is an interactive document design tool that offers document designers a powerful, Windows-based graphical user interface for Color CompuSet®, the company's flagship composition product which is at the heart of thousands of Document Automation applications worldwide. Together, VC Pro and Color CompuSet represent a leadership offering for high-quality departmental and/or enterprise-wide variable data document production in the insurance, financial services, and commercial printing marketplaces.
Document Sciences Announces Availability of Color CompuSet® Version 7.0CARLSBAD, CA (July 12, 1999) - Document Sciences (NASDAQ: DOCX), a global leader in document automation solutions, today announced the general availability of Color CompuSet version 7.0. CompuSet, the company’s flagship product, is the leading industrial-strength document automation solution for financial services and insurance companies that require departmental or enterprise-wide customized document production.
Document Sciences Announces Second Quarter 1999 ResultsCARLSBAD, CA (July 22, 1999) - Document Sciences Corporation (NASDAQ: DOCX - news) today reported revenues for the quarter ended June 30, 1999, of $6.0 million, representing a 22.4% increase from the $4.9 million reported for the quarter ended June 30, 1998.
Document Sciences Announces New Director and OfficersCARLSBAD, CA (July 6, 1999) - Document Sciences, (NASDAQ: DOCX), a global provider of document automation solutions, has announced the appointment of a director and three new vice presidents. Beth Galdieri to Director of Marketing and Business Development; Ann F. Kana, to Vice President of Worldwide Professional Services; Jack McGannon to Vice President, Chief Administrative Officer; and John H. Wilson to Vice President, Finance.
Document Sciences Announces Availability of Document Library Services™ Version 5.0CARLSBAD, CA (July 6, 1999) - Document Sciences (NASDAQ: DOCX), a global leader in document automation solutions, today announced the general availability of Document Library Services (DLS), version 5.0., a new version of its present document automation application. DLS provides users with an end-to-end solution for compliance document management and document production.
Document Sciences Announces Barton L. Faber to Become Interim President and CEOCARLSBAD, CA -(Monday, June 21, 1999) - Document Sciences (NASDAQ: DOCX), a global leader in document automation solutions, today announced Barton L. Faber will become the interim President and CEO.
Document Sciences Announces First Quarter 1999 Results SAN DIEGO, CA (April 22, 1999 - BUSINESS WIRE) - Document Sciences Corporation (NASDAQ: DOCX - news) today reported that revenues for the quarter ended March 31, 1999, were $5.5 million, compared with $4.1 million reported for the restated quarter ended March 31, 1998.