Princeton Softech to focus on active archiving market; Announces sale of Select product line to Aonix.

0 Comments | M2 Presswire, April, 2001

M2 PRESSWIRE-20 April 2001-PRINCETON SOFTECH: Princeton Softech to focus on active archiving market; Announces sale of Select product line to Aonix (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:20042001 Princeton Softech, a wholly-owned subsidiary of Computer Horizons Corp. (Nasdaq: CHRZ), today announced the sale of the Select software product line to Aonix, a member of the Gores Technology Group.

This transaction includes all of the software assets and intellectual property rights associated with the Select products. The financial terms of the transaction were not disclosed. Aonix acquired the Select product line to strengthen its 'Lifecycle Solutions' group's expertise and product offering in business driven, component based design and development....