Business Services Industry
TeleWRITER Corporation Partners with Mimeo.com to Provide Enhanced Services
Business Wire, July 25, 2005
MAHWAH, N.J. -- Communications Research, Inc. (OTCBB:CRHI), Mahwah, NJ, announced today that their subsidiary, TeleWRITER Corporation, Tampa, Florida, has executed a teaming agreement with Mimeo.com, an HP e-services partner, to integrate the Mimeo.com, Inc. drivers and features into the TeleWRITER-AGS (Advanced Graphics System) Collaborative Computing Distant Learning software.
TeleWRITER Corporation will immediately begin to integrate the Mimeo.com drivers in their software to provide their clients with the value added, enhanced features Mimeo.com provides. The TeleWRITER client base will be able to access all Mimeo.com printing and value added features from within the TeleWRITER-AGS system, with a commission fee paid to TeleWRITER for their clients' usage. TeleWRITER-AGS provides a client based collaborative computing software system for interactive meetings with graphic annotation, MultiMedia Authoring tool and ability to include in-band audio and video into the sessions.
Founded in 1998 and headquartered in New York City, Mimeo.com created the world's first online digital printing and distribution SuperHub. Mimeo.com enables business professionals to print, bind, and deliver documents, on demand, via the Internet, without leaving their desks. This Document SuperHub, located in Memphis, TN, automates the cumbersome process of printing, binding, and delivering business documents. Mimeo.com's DocCenter is a secure document library for storing and organizing clients' frequently used files, such as manuals, handbooks, brochures and directories. DocCenter also allows clients to share files with team members anywhere in the world, enabling them to collaborate or update massive volumes and pages of information.
With Mimeo.com, TeleWRITER users will be able to share and access the same files being used in collaborative computing sessions around the world. When a document is updated, it will be changed everywhere including when it's finally printed. Team members all over the county and the world can be literally reading from the same page when they use Mimeo's DocCenter. Additionally all graphics and annotations shall be uploaded to the DocCenter for review or used in later sessions. This capability allows end users to review, change and annotate larger volumes than their PCs would be capable of storing.
Carl Ceragno, President of Communications Research, Inc. and TeleWRITER Corporation, indicated, "The teaming of TeleWRITER and Mimeo.com will provide our clients with value added features and services that enhance our Collaborative Computing System, features we alone would not be able to provide. The last 1% or 'last mile' in a Corporate Collaborative Conference or Distant Learning Session, as everyone is aware, costs more and requires more effort than the first 99%. Teaming with Mimeo.com, we have the ability to provide a solution as simple, powerful, and cost effective as the TeleWRITER collaborative computing software provided for the first 99%."
TeleWRITER-AGS collaborative computing software system is the oldest, most cost effective and feature rich collaborative computing system in the marketplace today. At its peak, TeleWRITER-AGS had approximately a 60% share of the collaborative computing market in the mid-1990s. TeleWRITER-AGS is rapidly regaining a significant market share in the collaborative computing market, which is predicted to exceed $4.2 billion next year.
This news release contains forward-looking statements regarding CRHI's business strategies and future plans of operations. Forward-looking statements involve known and unknown risk and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the Internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and CRI disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in CRI's expectations or future events.
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