Advertisement

NEW CGI Directory

Home Press Releases IMSI(R) Announces Sale of CADa ...

Press Releases by DomainInformer.com


IMSI(R) Announces Sale of CADalog.com


November 11, 2004; 06:22 AM

NOVATO, Calif., November 11 - (DomainInformer.com) - IMSI(R), a leading developer and publisher of precision design and consumer and business software solutions, announced today that it had sold its online CAD store, CADalog.com to IBSystems, Inc. of Campbell, California, for an undisclosed amount of cash.

The sale of the CADalog.com store is a further step in IMSI's desire to focus its online activities on sales and services offered through Houseplans.com and CADsymbols.com .

"We believe that CADalog.com has now found the perfect home in terms of creating a pre-eminent CAD product website. CAD product owners and CAD developers will all benefit from IBSystems' long-standing, respected presence in the CAD community and its marketing prowess," stated Bob Mayer, Executive VP of IMSI. "IMSI will continue to own and use the CAD symbols content that came with our original acquisition of CADalog.com in our subscription website, CADsymbols.com ," added Mayer.

About IMSI

Founded in 1982, IMSI has established a tradition of providing the professional and home user with innovative technology and easy-to-use, high- quality software products at affordable prices. The company maintains two business divisions. The Precision Design division, anchored by IMSI's flagship product, TurboCAD(R) and the DesignCAD(TM) line, also develops and markets other visual content and design software such as FloorPlan(R) 3D and TurboCADCAM. The division also includes several online properties focused on the sale of content and services to the architectural, engineering and construction market thru its stock house plans site at Houseplans.com and the online CAD symbol sites, CADsymbols.com and CADsymbol.net. The Consumer Software Solutions division, which is anchored by Allume Systems, Inc. (formerly Aladdin Systems, Inc.), provides small businesses and consumers with software solutions through its popular products such as StuffIt(R), Internet Cleanup(R), SpamCatcher(R), TurboProject(R), FormTool(R), FlowCharts&More(TM), HiJaak(R) and TurboTyping(TM). More information about IMSI can be found at www.imsisoft.com and www.allume.com.

IMSI is a registered trademark of International Microcomputer Software, Inc respectively. All other products are the trademarks or registered trademarks of their respective owners.


CONTACT: Pam Volpe of International Microcomputer Software, Inc.,
+1-415-878-4025 or [email protected]

Advertisement

Partners

Related Resources

Other Resources

arrow