Mustang Software Announces Sale of Wildcat! BBS Product Line to Santronics Software, Inc.
Bakersfield California, November 18, 1998: Completing the companys reinvention as the leading Internet Customer Interaction company, Mustang Software, Inc. (NASDAQ:MSTGC) today announces the sale of the its Wildcat! Interactive Net Server, Wildcat! BBS, and Off-Line Xpress BBS mail reader product lines to Santronics Software, Inc. of Homestead, Florida.
"Todays announcement is evidence of the rebirth of Mustang Software," said Jim Harrer, president and chief executive officer of Mustang Software. "Over the past year our Internet Message Center solution created the e-mail management space, received over a dozen best of show, editors choice and product of the year awards and has been purchased by leading Fortune 500 companies with the sole purpose of deploying world-class e-mail customer service systems for their enterprise. The market has dictated where we focus our resources and talents."
Under the terms of the agreement, Santronics will immediately take ownership for the sale and support of the Wildcat! Interactive Net Server, Wildcat! BBS, and Off-Line Xpress BBS mail reader product lines.
"This is a very positive development for current and future Wildcat! customers. Santronics has been an active third-party developer for the Wildcat! product line since 1991 and they have the experience to continue development of these products. Wildcat! is now their primary focus - a focus Wildcat! customers should welcome," explained Mr. Harrer.
"We are very excited about the future of Wildcat!," said Hector Santos, president and founder of Santronics Software. "As a developer and Wildcat! sysop, Santronics is intimately aware of the new market opportunities for the Wildcat! Santronics will focus all of its energy and attention to work closely with the many WildCat! customers to dominate the BBS market."
About Santronics Software, Inc.
Santronics Software, Inc. provides powerful, interactive, and automated solutions in the communications and Internet world.
Santronics Softwares corporate headquarters is located at 15600 SW 288 St., Suite 306, Homestead, Florida, 33033. Inquiries can be addressed via voice, 305-248-3204; fax, 305-248-3638; and e-mail, firstname.lastname@example.org; or by visiting Santronics Software on the web at http://www.santronics.com.
About Mustang Software, Inc.
Mustang Software, Inc. delivers creative e-mail management solutions through a combination of the companys unique Web Essentials tools, its unparalleled e-mail management experience and expertise and world-class alliance partnerships. Mustangs Web Essentials line of tools includes the award-winning Internet Message Center, ListCaster and FileCenter.
Mustang Softwares corporate headquarters is located at 6200 Lake Ming Road, Bakersfield, Calif., 93306. Inquiries can be addressed via voice, 805-873-2500; fax, 805-873-2599; and e-mail, email@example.com, or by visiting Mustang Software on the web at http://www.mustang.com.
Mustang Software, Inc. is a public company, traded on NASDAQ under the symbol MSTGC.
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