Pumatech is already famous for its synchronization and mobilisation software. The company announced it has changed its name to "Intellisync Corporation" and will begin trading under the NASDAQ stock symbol "SYNC" on 18 February 2004. The Intellisync name, which reflects the advanced, intelligent synchronization capabilities of the Company's core technology, will be used to bring Intellisync Corporation's diverse product line under a single umbrella. The Intellisync brand will also be incorporated into the names of the Company's products, including those for the consumer, enterprise and technology licensing markets.
Over the past 12 months, Intellisync Corporation has acquired and rapidly integrated technologies aimed at meeting still new and emerging synchronization and workforce-mobility requirements. These acquisitions have enabled the Company to deliver diverse new customer solutions, including phone synchronization, secure remote access, mobile infrastructure, and business and carrier-grade server products.
Introduced in 1996, Intellisync is currently the leading desktop synchronization software with over 90 percent of U.S. retail sales and a presence in virtually all of the Fortune 1000. Intellisync software has also been licensed by more than 200 technology partners, including Microsoft, AOL, Yahoo!, Oracle, PeopleSoft and RIM. While Intellisync Corporation's origins were grounded in the synchronization of PIM (personal information management) data with wired PDA devices, the Company's capabilities have since evolved to support synchronization of critical data such as e-mail, corporate databases and personal networks on a wide range of wired and wireless devices, including mobile phones. Intellisync Corporation's intellectual property portfolio now comprises 64 issued patents, with more than 50 additional applications pending. Virtually all of these patents relate to Intellisync Corporation's synchronization technologies.
Intellisync Corporation will continue to build on the acquisitions made during 2003 to expand its market reach and deliver new value to customers and shareholders alike through the introduction of additional new products and growth of its partner and customer base.
Synchrologic -- The acquisition of Synchrologic, finalized in December 2003, brought with it one of the industry's leading enterprise-grade synchronization and mobile infrastructure solutions.
Spontaneous Technology -- The acquisition of Spontaneous Technology, finalized in September 2003, provided Intellisync Corporation with new capabilities for addressing its customers' evolving needs in the areas of security and wireless application delivery.
Loudfire Inc. -- The acquisition of Loudfire's assets, finalized in July 2003, enabled Intellisync Corporation to enhance its offering for remote access to critical personal and business information by providing a platform that enables users to access and interact with desktop applications and files from any Web-enabled device.
Starfish Software -- The acquisition of Starfish Software, finalized in March 2003, greatly bolstered Intellisync Corporation's portfolio of intellectual property and has established the Company as the clear patent leader within the industry.