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100% Watermark office to close![[LiveLink]](/file/36067/SIGCAT 97 - Conference on Convergence.ISO/Docs/webcd.gif "[LiveLink]") Summary: Watermark office to close. By consolidating the operations, Libit says, "The company will save over time ... a considerable amount." It will eliminate some duplication between its development teams as a result of the consolidation. IDC's Scott McCready sheds no tears for Watermark. By moving to Costa Mesa and putting it under the tutelage of a Bruce Waddington."
97% FileNet moves Watermark to California Summary: (Posted: Friday, April 11, 1997, 8:19 AM) In a dramatic move to stem the flow of red ink, FileNet (Costa Mesa, CA) will move its Watermark division from Burlington, MA, to its Costa Mesa headquarters.
92% The blame game Summary: It's not that the industry's products can't do the job. They can--and do. What can FileNet--and the industry--do to combat those problems? "Was buying Watermark the right strategic thing for the company to do?" We have some excellent products and customers like them," Libit said.
92% Watermark integration key feature of Saros new Summary: Watermark integration key. feature of Saros new release. The out-of-the-box solution integrates with Watermark (Burlington, MA) imaging software. New features include compound document support, multi-library searching and the ability to store multiple forms of the same document. The integration with Watermark is not surprising, Watermark and Saros were both acquired by FileNet in the past year...
91% FileNet & Companies partner integrators, vendors, and VARs Summary: ValueNet program selects premiere group of preferred authorized resellers. The ValueNet Business Partner Program classifies and recognizes those resellers that meet FileNet standards for customer service. FileNet defines its ValueNet partners as those resellers providing consulting, application and project management services to their customers. "We want to make it easier for the customer to do...
91% FileNet software preview Summary: FileNet software preview.filenet.com) unveiled a new software suite for enterprise document management. The suite integrates FileNet's Ensemble E-mail-based, web-enabled workflow with Watermark's document imaging software and Saros' Document Manager. The software suite will be available by the close of 1996.
90% Buyers hesitate; earnings shortfall rattles in... Summary: Losses mount for FileNet as customers, vendors and analysts wait and see. Libit believes there are several things confusing customers. "The terminology is confusing," he said. Customers have to pause to understand. It takes awhile to churn through it all," said Libit.
89% FileNet reports figures Summary: FileNet reports figures. (Friday, January 17, 1997, 9:24 am) FileNet (Costa Mesa, CA, http://www.filenet.com, Nasdaq/NMS: FILE) reports anticipated figures for Q4 '96. FileNet will release final earnings on Feb.
88% FileNet suffers Q2 setback Summary: Imaging World, August 1st, 1996. FileNet suffers Q2 setback. $9 million loss expected for previous six months. For the first time since the acquisitions, Smith acknowledged that assimilating Watermark (Burlington, MA) and Saros (Bellevue, WA) has not been easy. That is not the sort of spin lingo one expects to hear from Smith or FileNet.
88% User forum to focus on FileNet Summary: User forum to focus on FileNet. The document imaging industry's largest and longest running user forum has been scheduled for Oct. The conference will include presentations to inform and update customers on FileNet's "Foundation for Enterprise Document Management" strategy that creates a single-source solution for workflow, document imaging, document management and COLD software. This is the...
87% Industry shaken by FileNet's falling earnings Summary: (Posted: Thursday, April 3, 1997, 11:51 AM) FileNet (Costa Mesa, CA) will report a net loss of approximately $9.0 million, or $.60 per share, for the first quarter ended March 31, 1997. FileNet expects to report first quarter revenue of approximately $47 million.
87% Watermark used by Iowa public defenders Summary: Watermark used by Iowa public defenders. Wednesday, April 30, 1997, 8:54 AM FileNet's (Costa Mesa, CA, http://www.filenet.com) Watermark software is streamlining business processes for the Iowa Department of Inspections and Appeals Fiscal Services Bureau. HOME ++ SEARCH IW ++ DAILY NEWSWIRE ++ CURRENT PUBLICATIONS ++ ABOUT IW.
86% What's FileNet wearing to the ball After a ke... Summary: Imaging World, March 17th, 1997. What's FileNet wearing to the ball? In the largest booth on the AIIM show floor, FileNet will feature its Saros Discovery Suitewhat FileNet calls the key to intelligent information management across the enterprise. Saros Discovery Suite promises business improvement in how they access, manage and use their information assets. The suite integrates Saros...
86% FileNet insures rapid access Summary: (Posted: Tuesday, April 15, 1997, 8:34 AM) FileNet's (Costa Mesa, CA) Greenbar COLD software is being used by NAC Reinsurance (NAC Re, Greenwich, CT) to provide access to financial information.
85% FileNet partnerships abound Summary: filenet.com) and Holosofx (Manhattan Beach, CA, http://www.holosofx.com) have allied to tie Workflow BPR, Holosofx's business process modeling software, with FileNet's Visual WorkFlo. "Now organizations can build workflow environments that improve quality on an ongoing basis," said Kian Saneii, Visual WorkFlo product marketing manager at FileNet.
84% Scanner/Web/VAR Beats Summary: Intrafed continues on the scene. BancTec announced a distribution agreement with TextWare. The Web beat. "We believe that publishing on- and off-line go hand in hand on the Web and CD, and we believe that automating the process is critical to the success of the project." Now they are asking how to solve problems."
84% Insider trading alleged at FileNet Aclass acti... Summary: Insider trading alleged at FileNet. During this period, Goldman claims, insiders sold shares for as much as $54.50 per share, netting over $10 million in proceeds. FileNet contends that Goldman's action follows a continuing pattern of frivilous litigation against high tech companies. Lerach has been behind at least 53 class action suits lodged against Silicon Valley's top publicly traded high...
84% Imaging vendors join SAP to grab worldwide mark Summary: Imaging vendors join SAP to grab worldwide marketshare. FileNet (Costa Mesa), whose Document Warehouse product has been SAP certified for nearly two years, has just announced a special version--FileNet Document Warehouse for SAP for NT. With it, users can capture, process and store document images from R/3 business applications. The NT support brings the abilities of a powerful platform for...
83% FileNet earnings continue to grow during third quarter Summary: FileNet earnings continue to grow during third quarter.filenet. Net income for the quarter was $3.4 million ($.22 per share) compared with a loss of $1.5 million ($.10 per share) during the third quarter of 1995. For the first nine months of the year, FileNet posted revenues of $196.4 million, a 22% rise from the $161.6 million gathered up in 1995. The company recorded a net loss of $5.9 million...
83% Insider trading alleged at FileNet Summary: Insider trading alleged at FileNet.filenet.com) artificially inflated its stock price. Further, the suit alleges that FileNet's CFO and other insiders then capitalized on the inflated price by selling large blocks of shares before the price collapsed. The suit alleges that despite the April 1, 1996, announcement of softer than expected sales and a resulting 12 point drop in share price, the...
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