Item 3688368 94/06/13 09:18 From: DARREN_SMITH@NEXT.COM@INET# Internet Gateway Subject: Pages Software Inc. Announces Right-Sizing Decision FOR IMMEDIATE RELEASE San Diego, June 10, 1994, Pages Software Inc announced a resizing today, to better align resource levels with expected revenues. "We have taken this step to strengthen the company's financial performance. While reducing staffing levels, we plan to continue to support our customers and prospects, as well as continue to evolve our Document Processing product under NEXTSTEP," states Larry Spelhaug, Pages' CEO. "We believe this is the right business decision; it has the full support of our investors and Board of Directors and will yield a stronger and more responsive company over the long term." Though Pages eliminated 12 positions from all functional areas, the company's Sales, Marketing, and Engineering departments will remain focused on the company's mission to support their ObjectBased Document Processor and their NEXTSTEP customers. NeXT, Inc. CEO Steve Jobs agrees with Spelhaug's decision to rightsize. "I believe Pages has made the right decision, and I support their efforts to focus on the NEXTSTEP market. Pages' current direction has 100% of NeXT's support ." Pages will remain headquartered in San Diego, CA. Questions may be directed in e-mail to Larry Spelhaug: larry_spelhaug@pages.com. =END=