Companies to Drive Market for Windows CE-based
London, UK – July 10th 2001 —iAnywhere Solutions, the market leading mobile and wireless subsidiary of Sybase, Inc. has announced that Casio Computer Co., Ltd., one of the world’s leading consumer electronics companies, has agreed to invest
$5 million in the company’s convertible preferred stock.
Casio’s investment, which is expected to fund within the next 30 days, will allow iAnywhere Solutions to extend its mobile and wireless application development efforts to drive the market for m-Business solutions. The announcement underscores an already strong strategic relationship between the companies that is focused on enabling solutions for iAnywhere Solutions’ m-Business platform and Casio’s Windows CE-business handheld devices.
“We are excited by Casio’s agreement to invest in iAnywhere Solutions. Since Casio’s brand recognition and global reach validate and enhance iAnywhere Solutions’ m-Business leadership,” said Terry Stepien, president of iAnywhere Solutions. “As Casio deepens its commitment to enabling mobile solutions for enterprise customers, iAnywhere Solutions will be there alongside them helping to grow market share.”
“Casio’s investment in iAnywhere Solutions will mark a significant milestone in Sybase’s ongoing strategy to team with industry leaders to boost our presence in high growth markets, such as mobile and wireless computing, e-Business portals, and vertical solutions,” added John Chen, chairman, president and CEO of Sybase, Inc. “Anytime a worldwide leader partners with a Sybase company it bolsters the image and value of that company and Sybase as a whole.”
“To further extend our leadership in the rapidly expanding market for mobile business devices, Casio is making aggressive efforts to expand its Mobile Network Solutions business by both developing devices with competitive features and pursuing strategic alliances with key industry players,” remarked Kazuo Kashio, president of Casio Computer Co., Ltd. “Last year, Casio formed a global strategic alliance with mobile database leader iAnywhere Solutions, Inc. The investment announced today further solidifies this relationship and strengthens our market position in the mobile and wireless enterprise markets. We expect the relationship with iAnywhere Solutions to provide significant new benefits for our customers.”
“The iAnywhere Solutions initiative will allow Casio to provide robust mobile database applications uniquely tailored to a wide variety of our mobile devices. Working in partnership with iAnywhere Solutions, Casio can provide our enterprise customers with secure, wireless connectivity and mobile applications that will improve mobile productivity for both large and small companies,” said Gary Rado, president of Casio, Inc.
iAnywhere Solutions and Casio: Extending a Successful Relationship
The companies already enjoy a successful relationship in jointly marketing and delivering m-Business solutions worldwide, targeting markets such as financial services, healthcare, sales force automation (SFA) and field force automation (FFA). Casio embeds iAnywhere Solutions’ market-leading mobile database and enterprise synchronization technology, SQL Anywhere Studio, on Casio’s business handheld devices such as the Cassiopeia EG-800 and IT-70/IT-700. iAnywhere Solutions is also developing applications targeting Casio devices based on iAnywhere m-Business Studio, a comprehensive, integrated software package for extending the reach of
e-Business applications, enterprise data and Internet content to mobile and wireless devices.
“Our clients in telecommunications, healthcare and m-commerce are demanding the ability to extend their enterprises beyond the walls of the corporation,” said Joe Cardinale, general manager, Web & Wireless Solutions at Teoco Corporation, a Fairfax, VA-based systems integrator. “We feel that the combination of iAnywhere Solutions’ powerful mobile and wireless technology with the innovative Cassiopeia handheld devices provides an ideal platform to power a variety of applications ¯ from equipment maintenance to field force automation.”
Notes to Editors
About iAnywhere Solutions
iAnywhere Solutions, a subsidiary of Sybase, Inc., is the market leading provider of mobile and wireless solutions that enable anywhere, anytime access to enterprise information and applications. With more than six million deployed seats of its technology at work in 10,000 customer sites worldwide, combined with hosting and professional services, iAnywhere Solutions provides a one-stop source for successfully developing and deploying m-Business solutions. Visit http://www.ianywhere.com for more information.
About Casio Computer Co., Ltd.
Casio Computer Co., Ltd., is one of the leading consumer electronics companies in the world. Since its establishment in 1957, Casio has been active in the development of electronic calculators, timepieces, electronic musical instruments, audio and visual equipment, communication equipment, commercial business systems and electronic components. Casio's corporate activities are guided by the motto: "Creativity and Contribution. The company’s web address is: http://world.casio.com/
About Casio Inc.
Casio, Inc., Dover, N.J., is the U.S. subsidiary of Casio Computer Co., Ltd., Tokyo, Japan. Casio, Inc., with almost half a billion in sales, markets calculators, business organisers, handheld personal computers, keyboards, digital cameras, portable color TVs, timepieces (Wrist Technology), cash registers and other consumer electronic products.
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