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Subject: OASIS MEMBER NEWS: Enigma to Acquire Inso Corporation's Technical Publishing Business
From: Anne Shannon [SMTP:AnneS@enigma.com] Sent: Wednesday, October 20, 1999 9:59 AM To: 'info@enigma.com' Subject: Enigma to Acquire Inso Corporation's Technical Publishing Busines s Enigma to Acquire Inso Corporation's Technical Publishing Business Enigma Signs Definitive Agreement to Purchase the DynaWeb/Text product suite from Inso Corporation Burlington, Mass., October 20, 1999 -- Enigma, Inc., the leading provider of intelligent content publishing for the Web and offline media, announced today that it has entered into a definitive agreement to purchase Inso Corporation's DynaWeb/Text and Synex product lines. This acquisition further strengthens Enigma's commitment to providing customers with a comprehensive e-publishing solution for e-business. Under the terms of the agreement, the technical publishing component of Inso's Product Data Management division will be purchased for approximately $15.5 million in cash and assumption of liabilities. The transaction will be a stock purchase between Enigma Inc. and its affiliate Enigma Information Systems Ltd. of all the outstanding stock of Inso's subsidiaries, Inso Providence Corporation and ViewPort Development AB of Stockholm. With over 250 customers, including some of the world's largest companies, Inso's technical publishing business provides a strong installed base for Enigma's investment in the content-rich e-business market. "Enigma is committed to providing our customers with comprehensive solutions that streamline the e-business process," noted Jonathan Yaron, chief executive officer at Enigma. "We will invest heavily in Inso's installed base, because we believe that these companies will increasingly transition their in-house e-publishing solutions to e-business solutions. As the market leaders in high-end SGML/XML e-publishing, we will effectively leverage the offerings of both Enigma and Inso, further facilitating our supply chain strategy of enabling business-to-business e-commerce for the spare parts market." The DynaWeb/Text product suite is among the leading solutions that provide a single, highly automated production process for the creation and delivery of large, structured documents via the Web or CD-ROM. "Our strategy is to continue to support and build off the DynaWeb/Text product line to offer enhanced functionality for all of our customers," stated Randy Clark, vice president of marketing at Enigma, Inc. "The advanced SGML/XML technologies of the Inso product will be a great complement to the multi-source capabilities that we already have in the Enigma product. By further leveraging the DynaWeb/Text advanced technology with Enigma's enhanced illustrated parts catalog (eIPC), Xtend, and integration into DMS and ERP systems, Inso customers will have solid platforms for building Web-based product support and follow-on selling applications." "This agreement represents an excellent outcome for Enigma, our DynaText/Web and ViewPort customers, and Inso," said Kirby A. Mansfield, President and Chief Operating Officer of Inso Corporation. "Our DynaText customers typically use the technology to publish very large technical manuals in print, CD-ROM and Web formats. These customers will benefit as Enigma is dedicated to the needs of this community and has the experience and expertise necessary to support them." Enigma's INSIGHT intelligent content publishing suite delivers unified and highly functional Web and CD-ROM publications from any combination of PDF, FrameMaker, word processing, SGML/XML, and graphic/image source data. INSIGHT fully automates the content assembly and e-publishing process, integrating content with a wide set of integrated navigation, viewing, and search tools. These access mechanisms are vital to users who depend on complex, inter-related content to drive e-business, such as maintenance information, parts catalogs, drawings, and other product support information. About Inso Inso Corporation is a leading provider of solutions for the management, exchange and dynamic delivery of critical business information. Inso's award-winning technology enables large corporations to manage, exchange and publish all types of information, from the simplest memo to the most complex multimedia document. For more information, visit the Inso Web site at http://www.inso.com. About Enigma Enigma, Inc. (http://www.enigma.com) is the leading provider of intelligent content publishing solutions to corporate, government and commercial publishers. The company's flagship product, INSIGHT, fully automates the publishing process by turning electronic source documents into intelligent electronic publications for simultaneous distribution on the Internet and CD-ROM. Enigma's knowledge management solution, Xtend, enables the customization of these publications by allowing end-users to seamlessly add their own information to the original data. Typical applications of INSIGHT include technical documentation, reference publications, electronic textbooks, policy and procedure manuals, and catalogs. Enigma's rapidly expanding list of customers includes GE Aircraft Engines, United Technologies, Rolls-Royce, Rolls-Royce Allison, GaSonics International, SAP and Standard and Poor's. Enigma is a privately held company, headquartered in Burlington, Mass. with offices in London, Paris, Munich, Amsterdam, Toronto, Tokyo and Tel Aviv. #### Anne Shannon Enigma Inc. 781/273-3600 x3606
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