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Subject: OASIS Member News: SoftQuad XMetaL Selected by Cisco Systems To CreateXML Content
SoftQuad XMetaL Selected by Cisco Systems To Create XML Content Toronto, ON – July 23, 2001 – SoftQuad Software, Ltd. (OTC BB: SXML), an internationally recognized developer of XML-enabling technologies, today announced that Cisco Systems, Inc. (NASDAQ: CSCO) has signed an agreement to license SoftQuad XMetaL. The agreement, valued at approximately US$1 million, includes software licenses, technical support, and professional consulting and customization services. Cisco joins over 2000 companies, including Continental Airlines, Deutsche Bank, Daimler-Chrysler and Schlumberger, who have chosen XMetaL for XML content creation. XML (eXtensible Markup Language) is a World Wide Web standard for structured document formatting and online information exchange. XML enables organizations to share and re-use information across all e-business functions within the enterprise and with outside entities such as partners, customers and suppliers. SoftQuad XMetaL is an XML editor and platform for creating interfaces that enable everyone within an organization to create XML content. XMetaL can be seamlessly integrated into content management and other e-business applications. About SoftQuad Software, Ltd. SoftQuad Software, Ltd. (OTC BB: SXML) is an internationally recognized developer of XML-enabling technologies and commerce solutions for e-business. A founding member of the World Wide Web Consortium (W3C), the Organization for the Advancement of Structured Information Standards (OASIS) and XML.org, SoftQuad has been instrumental in shaping and developing both the standards and technologies that are changing the way companies exchange information and do business over the Web. Headquartered in Toronto, Canada, with U.S. offices in Seattle and San Francisco, and European operations based in London, England, SoftQuad was first to market with an advanced, yet easy-to-use XML content creation solution, XMetaL. It has become the premier enabling technology for XML-based content applications in electronic publishing, e-commerce and knowledge management. For more information, visit SoftQuad’s Web site at http://www.softquad.com. SoftQuad and XMetaL are registered trademarks of SoftQuad Software, Ltd. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. ### Caution Concerning Forward-Looking Statements Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are management's present expectation of future events. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results of operations to differ materially from historical results or current expectations. The words "anticipates", "estimates", "expects", "will", "should", "projects", "intends", "plans", "believes" and words of similar substance identify forward-looking statements. Risk factors for SoftQuad Software, Ltd. include, but are not limited to: shifts in demand for its products and services, lengthened sales and implementation cycles, competitive conditions, its ability to meet future capital requirements, protection of its intellectual property rights, the resolution of issues concerning commercial activities via the internet, reliance on strategic partners, risks related to international sales and potential foreign currency exchange fluctuations, and its ability to attract and retain key personnel. For a more complete discussion of risks and uncertainties, refer to SoftQuad's most recent reports filed with the U.S. Securities and Exchange Commission and other regulatory authorities. The factors underlying projections or forecasts are susceptible to uncertainty and subject to change. Therefore, projections and forecasts are valid as of the date they are made and do not necessarily reflect SoftQuad's outlook at any other point in time. SoftQuad does not undertake to update or review forward-looking statements.
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