Moneylender
- 23 Jan 2003 08:09
Moneylender
- 18 Mar 2003 10:46
- 186 of 2262
Centia to Lead Endeavors Technology's UK Sales Drive for its
Server-to-Desktop Applications On-Demand Delivery Product
The leading knowledge provider becomes Endeavors' premier UK business
channel for enterprise application provisioning on-demand
###
Cambridge (UK) and Newbury (UK), March 18, 2003 - In a move to accelerate
enterprise deployment of its server-desktop applications on-demand delivery
product, Magi Applications Express, Endeavors Technology today announces the
appointment of Centia as its lead distributor for the UK and Ireland.
Centia is one of the UK's leading applications deployment solutions
specialist and knowledge distributor for emerging technologies and one of
Citrix's leading European distributors. Endeavors Technology is a leading
developer of Web-enabling solutions for enterprise network infrastructures
and a wholly-owned subsidiary of Tadpole Technology plc (LSE:TAD).
Under terms of the agreement, Centia will leverage its extensive
distribution channels for server-based computing products to drive business
opportunities for Endeavors' Magi Application Express solution.
As one of Citrix's leading distributors in Europe, Centia is well-equipped
to deploy Endeavors' Magi Application Express product into the enterprise
and service provider markets. Centia's customers already appreciate the
competitive edge that server-based computing and the desktop Web-enablement
of applications can bring in terms of enterprise productivity gains and
bottom line savings. Service providers also recognise these solutions as
generators of new revenue streams.
Endeavors' partnership with Centia is indicative of the company's business
strategy of selling into markets via a select, market-wise group of
resellers and distributors. The partnership is also indicative of Centia's
forward product and marketing strategy to securely Web-enable the delivery
of applications from servers to desktops at anytime, from anywhere. As part
of the agreement, Centia will train and prepare its reseller partners to
successfully market and sell Magi Application Express in the shortest
timeframe. In addition, Centia will provide pre- and post-sales technical
support to its network of resellers.
Magi Application Express enables enterprises to stream on-demand any
Windows-based application, including such rich applications as CAD/CAM or
mapping and design, from central servers to enterprise desktops and laptops
in a matter of seconds. It enables IT managers to maintain currency in
applications used at the client level, eliminates the need to regularly
deploy security software patches and updates across network devices, and
helps them to tightly manage licensing agreements with Microsoft and other
software vendors.
While enterprises will enjoy cost benefits from using Magi Application
Express to provision and deploy applications on demand through their
organisations, software vendors who spend large sums of money distributing
software or trial software by shipping CDs in large numbers can take
advantage of this technology to deliver software in seconds to people and
control the software from a portal. The advantages of this method are huge
savings in the cost of CDs, rapid delivery of applications to prospects and
customers and a central tracking and anti-piracy mechanism for monitoring
the use of their products.
The adoption of .NET's XML tools and interfaces in Magi Application Express
further enhances the business value of Endeavors' product and enables
Microsoft-centric enterprises to connect and interoperate their
Web-based capability and services across platforms, programming languages,
and applications.
"Centia has a proven distribution channel to market server-based computing
solutions to the UK's leading resellers," said Bernard Hulme, chairman and
CEO of Endeavors Technology. "With its expertise in the Citrix marketplace,
its track record of embracing emerging technology solutions and its network
of top resellers, Centia is perfectly positioned to realise Endeavors' UK
business targets for Magi Application Express."
Yuri Pasea, joint managing director of Centia, adds: "Magi Application
Express is a cutting-edge on demand applications delivery solution, and
complements our existing server-based offerings. Market studies have
highlighted this product as the golden opportunity for our reseller bases,
and demand from our customers is already significant. We very much look
forward to bringing this solution to our customers and prospects in the UK.
More on Magi Application Express
Deployment of desktop software from central servers, including regular
security patches and updates, is a costly business. Analysts estimate that
most large enterprises spend millions to deploy and manage simple desktop
applications like Microsoft Office at the client level. The cost escalates
for power users of rich, large applications like CAD solutions. Endeavors'
Magi Application Express virtually eliminates this needless overhead by
streaming applications on-demand from servers to desktops, preventing piracy
and providing an audit trail. Gartner coins this technology as ODADS (on
demand application delivery systems) for the enterprise. By streaming
applications and managing them as a service to the desktop, enterprises can
slash the total cost of owning applications, and better manage software
licensing costs.
About Centia
Centia (formerly FutureLink Europe) was the founder behind the "knowledge
distribution" model, born from a notable focus on emerging technologies.
Turning technology into unique solution sets fully supported by training,
consultancy and support skills - knowledge distribution's raison d'etre was,
and still is, to promote new business success for reseller partners through
innovation.
Centia has consistently received Citrix's Leading International Distributor
Award, Leading UK CALC (Citrix Authorised Learning Centre) Award, and
achieved the highest Citrix sales outside the US. The range of services
Centia provides includes consultancy, training and maintenance - spanning
everything from initial feasibility and design consultancy through to
project implementation and post-sales support. For further information,
please visit: www.centia.biz.
About Endeavors Technology, Inc.
Endeavors Technology, Inc. is a wholly-owned subsidiary of mobile computing
and network infrastructure vendor Tadpole Technology plc (LSE-TAD,
www.tadpole.com), which has plants and offices in Irvine and Carlsbad
(California), and Cambridge, Edinburgh, and Bristol (UK). Endeavors' Magi
technology transforms today's Web into a highly secure inter- and
intra-enterprise collaboration network of files and Web resources. For
further information on Endeavors' Web collaboration solutions, call
949-833-2800, email to info@endeavors.com, or visit the company's website
www.endeavors.com.
ends
Copyright 2002 Endeavors Technology, Inc. Magi, Magi Secure IM and Magi
Enterprise are registered trademarks of Endeavors Technology. Citrix,
MetaFrame, NFuse and Citrix Authorized Learning Center are registered
trademarks of Citrix Systems, Inc. in the US and other countries All other
products and services mentioned in this document are trademarks of their
respective companies.
hugh paterson
patcom media relations
tel - +44 207 987 4888
email - hughp@patcom-media.com
web - http://www.patcom-media.com
Moneylender
- 18 Mar 2003 18:57
- 187 of 2262
Copied off 3i by Ruiz 70
The partnership with Centia is excellent news from Endeavors today, especially when the Centia managing director describes Application Express as the golden opportunity for their resellers and adds that there is significant demand from customers.
Under terms of the agreement, Centia will leverage its extensive distribution channels for server-based computing products to drive business opportunities for Endeavors' Magi Application Express solution.
As one of Citrix's leading distributors in Europe, Centia is well-equipped to deploy Endeavors' Magi Application Express product into the enterprise and service provider markets.
From the Centia Website is great to see that they are the biggest Citrix reseller outside the US and that they have won many awards, good to see then selling Magi Application Express when they are EMEAs number one.
Centia scoops Best Performing distributor for EMEA 2002 Award from Citrix beating all its UK, European and African counter-parts.
EMEAs number one for Server based Computing Solutions.
Interesting bits from the release are the mentions of the .NETs XML tools and interefaces in Application Express.
The adoption of .NET's XML tools and interfaces in Magi Application Express further enhances the business value of Endeavors' product and enables Microsoft-centric enterprises to connect and interoperate their Web-based capability and services across platforms, programming languages, and applications.
"Centia has a proven distribution channel to market server-based computing solutions to the UK's leading resellers," said Bernard Hulme, chairman and CEO of Endeavors Technology. "With its expertise in the Citrix marketplace, its track record of embracing emerging technology solutions and its network of top resellers, Centia is perfectly positioned to realise Endeavors' UK business targets for Magi Application Express."
Yuri Pasea, joint managing director of Centia, adds: "Magi Application Express is a cutting-edge on demand applications delivery solution, and complements our existing server-based offerings. Market studies have highlighted this product as the golden opportunity for our reseller bases, and demand from our customers is already significant. We very much look forward to bringing this solution to our customers and prospects in the UK.
Centia has consistently received Citrix's Leading International Distributor Award, Leading UK CALC (Citrix Authorised Learning Centre) Award, and achieved the highest Citrix sales outside the US.
The partnership with Centia today gives high credibility to the fact that the App Express product will sell well. The fact that Autodesk are using Application Express already and the fact that companies like Microsoft and HP have partnered with Endeavors crearly show that ETI are very much moving in the right direction and that their products are leading edge and in demand.
Endeavors Technology To Promote On-Demand Streaming Applications and Enterprise Collaboration Solutions With HP
Irvine (CA) and Cambridge (UK), January 22, 2003 - Endeavors Technology, developer of Web-enabling solutions for enterprise network infrastructures, today announces its participation in an HP program aimed at facilitating cross intranet and Internet streaming of applications on-demand to the desktop, and corporate deployment of secure collaboration solutions.
Endeavors Technology Partners With Microsoft To Bring Its Streaming Applications On-Demand Solution To The .NET Platform
Microsoft's .NET technology to play key role in client level development of Endeavors' Magi Application Express Solution, the leading On Demand Application Delivery Solution (ODADS), with management, tracking, security and integration tools for applications, data and Web Services.
Irvine (CA) and Cambridge (UK), January 14, 2003 - In a move to accelerate enterprise business advantage from the deployment of automated Web-based services, Tadpole Technology plc today announces that its Endeavors Technology software subsidiary has become a Microsoft Independent Software Vendor (ISV). Under terms of the relationship, Endeavors, with the active support of Microsoft's premier services program, will bring its Web-based on-demand applications delivery and distribution solution, Magi Application Express, to the .NET platform.
World's leading design software and digital content company Autodesk uses Endeavors Technology hosting service for on-demand product trial by customers
An early adopter of this applications-on-demand service is Autodesk US, the world's leading design software and digital content company. Autodesk will use Endeavors' software to deliver trial and evaluation software securely to its customers across the Web.
Endeavors will deploy a hosted version of its enterprise-ready Application Express technology to stream applications in a secure fashion to end-users. Using Application Express, performance-intensive software such as data rich CAD applications can be provided or streamed to the user's desktop in seconds rather than minutes or hours.
The fact that Endeavors has been invited to the SunGard Information Availability Conference is another great sign that shows that Magi Application Express, Magi Secure IM are leading edge technology products, why would Sungard invite ETI if they had nothing good to offer the 20000 financial institutions served by Sungard?
Worldwide organization serving 20,000 financial services institutions invites Endeavors Technology to showcase its secure network messaging, collaboration and on-demand application delivery products at the SunGard Information Availability Conference - Connections 2003 (March 25-26, 2003, London)
There was a conference not so long ago about Applications on Demand and the .NET platform with Microsoft, Autodesk, Gartner and Endeavors taking part. Microsoft the biggest software company in the world, Autodesk the world's leading design software and digital content company, Gartner One of the biggest Research and Advisory firms in the world, and Endeavors technology who according to our house broker is just expectation. Why are these big companies standing alongside Endeavors? Why are Microsoft & Hewlett Packard partnering with ETI? Why is Centias Yuri Pasea describing Magi Application Express as:
"Magi Application Express is a cutting-edge on demand applications delivery solution, and complements our existing server-based offerings. Market studies have highlighted this product as the golden opportunity for our reseller bases, and demand from our customers is already significant.
Why is Endeavors just expectation when companies like Microsoft are investing a lot of money in the technology area where ETI are the leaders. MS have put about $80 million out of $155 million into Groove, Microsoft also bought X-Degrees how much did they pay for that company?
In my opinion Endeavors Technology must be worth a lot of money, they have the technology solutions required by Enterprises today such as Magi Application Express, Secure IM Interoperability, Magi Enterprise Collaboration, Magi for Webex, Magi <>Livelink product etc. What value would ETI have got on the stock market if it had this products in 1999-2000 the answer is probably billions.
Endeavors are very much moving in the right direction, the companies that matter know about its products and are partnering with ETI. Applications on Demand and Secure IM Interoperability are the technology words of today and ETI have the products for this markets. Is great to hear from the announcement today that there is significant demand from Centia customers for the Application Express product.
Another step in the right direction and a sign that ETI is very much moving forward in the sales and marketing area.
Tris
- 20 Mar 2003 09:02
- 188 of 2262
ML this bit :0)
Market studies have highlighted this product as the golden opportunity for our reseller bases, and demand from our customers is already significant. We very much look forward to bringing this solution to our customers and prospects in the UK.
We know dont we :0) 2003 will be our year methinks.
Tris
ainsoph
- 20 Mar 2003 10:42
- 189 of 2262
Interesting
by Bill Goodwin
Thursday 20 March 2003
NHS considers national roll-out for doctor's messaging system
The NHS is considering a national roll-out of a messaging system that has improved health care for patients in 125 GP surgeries via out-of-hours telephone advice services.
Paul Cundy, the GP who pioneered the system at surgeries in the London boroughs of Merton, Sutton and Wandsworth, said out-of-hours messaging is ready for adoption in surgeries across the UK, which are independent contractors to the NHS.
Cundy said the NHS, as well as patients, would benefit from such a system. "When the NHS introduces its Integrated Case Records system, it is going to need a system like this. Developing it again from scratch would cost millions," he said.
The system, known as GePmail, allows private firms, GP collectives' out-of-hours services and the NHS Direct helpline to send instant updates directly into patients' electronic medical records.
It ensures that doctors are kept informed of their patients' treatment and allows them to send special instructions to the out-of-hours service without the need for surgeries to employ administrative staff to re-type records and send faxes, as is currently the case.
Cundy, who runs a company supplying the service to surgeries at a cost of 500 a year, said GePmail will become increasingly valuable to GPs as the health service expands the range of alternative services on offer to patients.
Patient confidentiality is fundamental to the operation of the system. The latest version allows surgeries to sign up for secure digital certificates on the web.
The certificates, based on open source technology managed by Diginus, encrypt and authenticate the messages, which can be sent over the internet or through the NHS e-mail system, NHS Net.
Moneylender
- 20 Mar 2003 14:00
- 190 of 2262
Posted on a competitors board by the REAL quidnunc.
quidnunc - 20 Mar'03 - 12:32 - 33166 of 33168
Agreed valentine. Id have though with ainsoph gone old oily would have returned to earth but it doesnt seem likely or possible.
Sadly someones pinched my name to use on moanyam to try and add some credibility to the ainsoph touch.
Oily its not you is it? Beacause oily best describes the untstinting smarm and praise which he lavishes upon the mighty ains. It could of course be ains himself always unstinting in his self regard.
Anyway its hight time oily lightened up and stopped looking around for new targets here.
Quiddy
quidnunc
- 20 Mar 2003 14:32
- 191 of 2262
REPLIED WITH
oldolie - 20 Mar'03 - 13:36 - 33168 of 33168 edit
Quidnunc,
I think if you check out the guy who imPersonates you on the other side has a slightly different slant on TAD and KDC,to me-I have never dignified her with the diminutive of ainsoph, and have no intention of posting with your - with all due respect- distinctively odd nick-name, I would think that the smarm poured over him is from one of the Pifflers, as to me taking the p$s out of those whom I do on here, I have never included you, the three or four I do laugh at take themselves and the share far too seriously, and I need no search for targets- these clowns are permanently posing on top of the parapet.
TAD DOWN almost 5% volume all over the place, no mention of directors buying even a token share -result stagnation!
Moneylender
- 20 Mar 2003 14:49
- 192 of 2262
That still makes you a FRAUD.
M
Contra
- 20 Mar 2003 14:53
- 193 of 2262
At least I have well and truly squelched the false quidnunc on here.
It really is pathetic to use someone elses established nickname.
Moneylender
- 20 Mar 2003 15:04
- 194 of 2262
Contra
Agree with you entirely.
Anyone that hides behind anothers Name must be up to
no good.
M
Moneylender
- 21 Mar 2003 11:50
- 195 of 2262
http://www.cw360.com/articles/article.asp?liArticleID=119937&liArticleTypeID=20&liCategoryID=2&liChannelID=24&liFlavourID=1&sSearch=&nPage=1
Moneylender
- 21 Mar 2003 12:51
- 196 of 2262
from an article on Thisismoney.co.uk
One to watch out for
HAVING dealt with Toad, above, there is also something appearing to be happening to Tadpole Technology. The shares got a major lift early this week on market rumours that a large deal is in the offing. News is expected either on, or before, the companys yearly meeting on 31 March.
heres the link
http://www.thisismoney.com/sections/section.asp?story=60744&sec=2§ions=2
Moneylender
- 21 Mar 2003 13:27
- 197 of 2262
From 3i's by Ken Thompson.
Having listened to people I respect, read the notes and pondered, my own opinion(formed by discussion with others) of the situation is :
1. The recent GEM drawdwon was to provide the operating funding for the Tadpole to continue to function. As much was said in statements from the company recently.
2. This will continue, in my opinion, until revenues from Cartesia, particularly OS, kick in the second half of the year. The need for GEM should than be much reduced and possibly ended.
3. I do not think that we are currently seeing a new GEM drawdown at all. Instead we are seeing GEM selling the shares from the previous drawdown. I guess they felt that weak markets couldn't take 10.5 million shares in one go. So they sold what they could and are now placing the rest in blocks of 250k.
By my reckoning they must be getting very close to the end of the 10.5 million now and thus GEM will cease for a while or even permanently with luck. For this day I am invested and looking forward to.
4. Undoubtedly GEM is a drag on the share price..............who would buy shares in numbers at the moment knowing there was a possiblity of forward momentum in the share price being reversed by the next GEM drawdown. However I firmly believe that Cartesia and ETI are in a very strong position to outperform the figures laid out in the recent brokers note. This opinion was reinforced by the recent Centia news and the success of Apps with Autodesk.
I think this should significantly reduce the companies reliance on GEM funding. I would also hope that Bernard Hulme would make the end of our need for GEM loudly and publicly known so the cloud can be lifted. But who am I to tell him how to run a potentially massive business. He has more experience than me of running software firms( Santa Cruz was billion dollar company).
The forecast in my opinion...........cloudy at the moment but there are distinct signs that the sun is about to break through.
Stick with it Albie, being sceptical of false dawns with tad is good. I would like to see solid progress, the end of GEM and the prospect of a massive payday from MS, HP et Al gives me something to dream about but I won't hold my breath about waiting.
Ken Thompson
quidnunc
- 21 Mar 2003 15:00
- 198 of 2262
Very good post moneylender, although I think ains probably led you to the site.
It must be a privilege working under him so much.
Moneylender
- 21 Mar 2003 16:11
- 199 of 2262
quidnunc
- 21 Mar 2003 16:18
- 200 of 2262
Goodness me moneylender that is an impressive list, we are so lucky to be involved with such an impressive company really aren`t we?
Ains, well done for showing moneylender how to do that show, you are the best, your "right hand " must be very tired now , a well deserved rest for the weekend will be cool.
Moneylender
- 21 Mar 2003 16:20
- 201 of 2262
quidnunc
- 21 Mar 2003 16:44
- 202 of 2262
and more moneylender?.
I wish I was clever enough to be able to do pretty pictures like that, but sadly ains is not a real intimate of mine, unlike yourself.
You must be very proud to have been chosen as his pupil.
Keep up the good work, a few more of these and TAD will jump like a frog next week, mark my words.
Thanks for all your support for our dear ains this week, such a brick.
Moneylender
- 25 Mar 2003 08:09
- 203 of 2262
Tadpole IR Contact - Hugh Paterson, Tel +44 (0)207 987 4888, Email
hughp@patcom-media.com
###
Tadpole's Web Software Subsidiary Becomes First Company to Offer Enterprises
Seamless And Secure Interoperability Between Public Instant Messaging
Products
New Endeavors' software makes IM communications between AOL, AIM and MSN
Messenger users now a reality; unique IM solution preserves the user
experience with no change to the IM client; Magi Secure XIM gives
enterprises cross-platform control of user messages and file transfers
###
Cambridge (UK), March 25, 2003 - Tadpole Technology plc (LSE - TAD) today
announces that its Endeavors Technology subsidiary has released software to
enable full native interoperability of popular instant messaging (IM)
products. For the first time, users can communicate securely between
different public IM products, and enterprises can monitor employee instant
messaging and chat sessions, and control the flow of corporate intelligence.
Called Magi Secure XIM, Endeavors Technology's new software product has been
built to leave the IM platform untouched and preserve the user experience
and 'buddy' lists. Singularly, it provides corporations with strong
cross-platform security controls over instant messaging and chat rooms, thus
supporting the extended adoption of IM in businesses and applications. The
software is deployable instantly across an enterprise and requires no
modifications to existing network architectures. This also gives the
enterprise control of their own directories and helps them manage their own
employees as well as communications with partners, suppliers and customers.
This way, the enterprise can centrally control security policies while user
adoption is enhanced with the use of public IM.
"Magi Secure XIM brings to an end an era of closed proprietary IM platforms
and uncontrolled instant messaging in the enterprise," said Kapi Attawar, VP
marketing of Endeavors Technology. "Deployed across and beyond an
enterprise, the software supports the extended use of popular IM platforms
in business, and singularly allows corporations to manage IM communications
in a similar way to e-mail."
With Magi Secure XIM, an AOL AIM user can open an IM channel with a MSN
Messenger user and vice versa directly from their existing IM client. Magi
Secure XIM is a plug-in product and is transparent to the user. It supports
the features and functionality of commercial IM products so there's no
training, infrastructure change or switching costs involved in getting IM
fully and finally back under corporate IT control. Magi Secure XIM also
improves large file getting and sending, and incorporates smart local-loop
routing so that communications travel point-to-point internally which
prevents sensitive company information leaving the enterprise firewall..
A principal feature of Magi Secure XIM is its unique ability to look up
corporate identities from popular IM buddy names and underwrite them with
strong Public Key Infrastructure based authentications to avoid identity
spoofing, and allow financial grade non-repudiation, tracking, and auditing.
Endeavors Technology previously announced the release of Magi Secure IM for
AOL Instant Messenger (AIM), Microsoft's MSN Messenger and Yahoo! Messenger
as single products to route instant messages through a fully compliant and
auditable cross-enterprise communications proxy. Endeavors, however,
continued its quest to create interoperability between these products in
order to ease corporate concerns of eventual lock-in or over-exposure to a
single vendor's product.
Enterprises have long called for secure interoperability of popular IM
products, with financial services and healthcare organizations leading the
call. These heavily regulated industries are under pressure by government
agencies to manage instant messages and chat sessions as they would phone
and e-mail communications. With more than 60 million enterprise workers
already using one IM product or another, analyst group IDC has predicted
enterprise deployment of IM is expected to leap to over 255 million users by
2005.
Recently, the Financial Instant Messaging Association (FIMA) requested IM
vendors to agree on standards as soon as possible. FIMA is currently
comprised of seven large Wall Street firms including Credit Suisse First
Boston, Deutsche Bank, J.P. Morgan Chase, Lehman Brothers, Merrill Lynch,
Morgan Stanley and UBS Warburg. Endeavors is a founding technology vendor
member of the association.
A demonstration of interoperability can be found at http://www.endeavors.com
About Endeavors Technology, Inc.
Endeavors Technology, Inc. is a wholly owned subsidiary of mobile computing
and network infrastructure vendor Tadpole Technology plc (LSE-TAD,
www.tadpole.com), which has offices in Irvine (California), and Cambridge,
Edinburgh, and Bristol (UK). Endeavors' Magi technology transforms today's
Web into a highly secure inter- and intra-enterprise collaboration network
for the delivery and interaction of files, Windows applications and instant
messaging. For further information on Endeavors' Web software, call
949-833-2800, email to info@endeavors.com, or visit the company's website
www.endeavors.com.
ends
Copyright 2002 Endeavors Technology, Inc. Magi, Magi Secure IM and Magi
Enterprise are registered trademarks of Endeavors Technology. All other
company names, products and services mentioned in this document are
trademarks of their respective owners.
hugh paterson
patcom media relations
tel - +44 207 987 4888
email - hughp@patcom-media.com
web - http://www.patcom-media.com
quidnunc
- 25 Mar 2003 09:24
- 204 of 2262
Moneylender, our ains has just done that cut&paste , and another bloke on another bb too, try to stay focussed , ains can`t keep you all under control by himself you know, try to keep the vibrancy going with some new stuff.You know ` news possibly tomorrow, ` the AGM will reveal all`,`mm`s short of stock`, if you have forgotten ask ains for a copy of the group strategy.
Dave
Moneylender
- 25 Mar 2003 09:26
- 205 of 2262
Tadpole Technology waved goodbye to its chief executive yesterday and today launched some new software for the financial industry; the hint is that it is lining up a deal to better exploit its leading edge software.
Bernard Hulme left the company with immediate effect and non-exec chairman David Lee has become executive chairman.
Today, Tadpole (TAD) announced the launch of Magi Secure XIM, software that will allow financial institutions and others that rely on instant messaging, to be able to communicate securely with users of different instant messaging (IM) systems. To date, users of AOL AIM have been unable to communicate with users of Microsoft's MSN Messenger for example.
Tadpole says that its new product provides a bolt-on that enables different systems to communicate. It also provides an audit trail, so that company's can keep track of what's being said over IM.
The Magi software comes from Tadpole's Endeavors business in the US. Endeavors is the supposed jewel in the crown, with its suite of software for peer-to-peer collaboration known as Magi.
The software, which among other things enables direct, secure communication between one mobile device and another, allowing users to share files and work on them together, has been well received by major companies such as Intel, but has yet really to be sold into any major customers.
Hulme was responsible for taking Tadpole from being a small hardware supplier to a company with this leading edge software, but he has also presided over the fall in share price from 70.5p in May 2000 to less than 5.25p today.
Tadpole has yet to really exploit the Endeavors technology, and in the meantime, the hardware business it was relying on for its bread and butter was badly hit by the downturn in capital expenditure for IT in the past couple of years. This led the company to sell its US-based server business in December.
Today's product announcement coincides with the start of a two-day conference by Sunguard, the systems integrator that specialises in financial software, at which the Magi software will be demonstrated.
Recently, the Financial Instant Messaging Association (FIMA) requested IM vendors to agree on standards as soon as possible. FIMA currently comprises seven large Wall Street firms including Credit Suisse First Boston, Deutsche Bank, J P Morgan Chase, Lehman Brothers, Merrill Lynch, Morgan Stanley and UBS Warburg. Endeavors is a founding technology vendor member of the association.
It is believed that Tadpole needs some independent third party verification that the software works, and this may come from Sunguard this week.
Citywire Verdict:
There are constantly rumours flying around about Tadpole, which have continued to fuel interest among small investors, but few of which ever amount to anything.
The current ones include the idea that Tadpole is about to collaborate with a major player to get some of the Endeavors technology into the market, and that once the interoperability of the product has been proven, there may be a deal on the cards in the US with Microsoft.
It is not clear if it will bring in a new chief executive, but a more high profile software salesman type might be in order now.
It would be high time for some really substantial news from Tadpole, but be very wary, this company has done nothing but disappoint for the last two years.
2003 Citywire
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