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- Path: freenet.vcu.edu!not-for-mail
- From: dmaxwell@freenet.vcu.edu
- Newsgroups: comp.sys.amiga.advocacy,comp.sys.amiga.misc,comp.sys.amiga.hardware,comp.sys.amiga.applications
- Subject: Re: VISCorp's Latest Press Release (19Apr96)
- Date: 21 Apr 1996 14:03:40 -0400
- Organization: Central Virginia's Free-Net
- Distribution: world
- Message-ID: <4ldt9s$rs2@freenet.vcu.edu>
- NNTP-Posting-Host: freenet.vcu.edu
-
- [Here's the latest from the VIScorp website. -Don]
-
-
- VIScorp - Memo - 19APR96
-
-
-
-
- [IMAGE]
-
-
- FOR IMMEDIATE RELEASE
-
-
- Posted to WWW.VISTV.COM, COMP.SYS.AMIGA.MISC, 19-APR-96
-
- Permission Granted to Distribute without Alteration
- VISCORP and AMIGA:
- The Phoenix Strategy
-
-
- Much has been said and written about the recent announcement of
- the signing of a letter of understanding between VIScorp and
- Escom AG Germany. In addition, VIScorp has received hundreds
- of telephone, fax and Email communications requesting
- information as to the status of the deal and our plans for the
- Amiga. We are providing this posting to inform those
- interested in the knowing about the current arrangements -- and
- will provide additional information as the they develop.
-
-
-
- VIScorp is currently conducting a thorough due diligence
- assessment of Escom's Amiga holdings. This process is
- painstaking and extremely time consuming; however, without full
- disclosure, no satisfactory deal can be concluded.
-
- Due to the letter of understanding, VIScorp is restricted from
- releasing information relating to the negotiations until they
- are completed. Until such time, Amiga remains the asset of
- Amiga Technologies/Escom and all inquires relating to current
- Amiga operations should be directed to Amiga Technologies/Escom.
-
- VIScorp currently holds a license to the Amiga OS and chip sets
- and is developing a family of TV-based products that utilize
- the Amiga's unique functionalities.
-
- Many of VIScorp's senior management have previously worked for
- Commodore and have a thorough knowledge of the Amiga.
-
- Our intent to purchase the Amiga comes out of (i) an
- appreciation of the core technology and its importance to
- VIScorps long-term business development and (ii) a belief that
- the Amiga can -- like the Phoenix -- rise from the ashes and
- become a profitable technology for the future.
-
-
-
-
- Over the coming days and weeks we anticipate to see a flood a
- mis-statements in the press, on the Net and via voice
- communications -- some will be made out of ignorance, others
- out of malice.
- We will do our best to keep the Amiga community regularly
- informed.
- We have received hundreds of messages and anticipate many more
- to be received until final resolution of formal negotiations is
- completed. While we are making every effort to do so, please
- excuse us if we do not respond to your individual message.
-
- David Rosen
-
- Vice President, Business Development
-
- April 19, 1996
-
-
- www.vistv.com
- --
- %%%%%%%%%%% less is more %%%%%%%%%%
- %%%%% Don Maxwell, Richmond, VA %%%%%
- %%%%%%%%% beauty is truth %%%%%%%%%
-