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Telecommunications equipment industry

US FAX and Netscape Communications Corp. Form Strategic OEM Agreement

Strategic Insights

— 1 min read

US FAX, a pioneer in enhanced telecommunications networks, has announced a groundbreaking OEM agreement with Netscape Communications Corp. to bundle Netscape's Navigator client software with US FAX's NetFocus VM Modules. This partnership seeks to revolutionize the Internet browsing experience by providing a fast and efficient way for users to access specific categories, industries, and markets. Netscape Navigator, already the de facto industry standard, has captivated over 15 million users globally, with a significant 70% market share.

Key Takeaways:

  • US FAX has signed an OEM agreement with Netscape Communications Corp. to bundle Netscape's Navigator client software with US FAX's NetFocus VM Modules.
  • Netscape Navigator has become the industry standard, with 70% of all Web users navigating with the software.
  • Netscape Communications Corp. is expected to generate $835 million or more in 1995, surpassing the record set by Lotus 1-2-3.
  • US FAX expects to generate over $8 million in sales during FY 1996, which represents approximately one percent of the present Netscape Navigator market.
  • US FAX will market and distribute NetFocus VM Modules, bundled with Netscape Navigator software, through other Internet Service Providers and directly to Internet users and large corporate and professional organizations.
  • The partnership aims to provide a seamless and efficient browsing experience for users, with a focus on specific industries and markets such as Real Estate, Banking, Healthcare, Wall Street, Sports, and Arts and Entertainment.
  • US FAX will begin shipping the new modules in January, with initial marketing efforts targeting existing and new Web users.
  • The company's common stock is traded on the NASD Bulletin Board under the symbol USFX.

Statistics:

  • 15 million: Number of users globally who utilize Netscape Navigator
  • 70%: Mark share of Netscape Software for Internet and Intranet Applications
  • $835 million: Projected revenue for Netscape Communications Corp. in 1995
  • $845 million: Record set by Lotus 1-2-3 for the best-ever product launch in the computer software industry
  • $8 million: Projected sales for US FAX in FY 1996
  • 1%: Estimated market share of US FAX in the present Netscape Navigator market

Sources:

  • [Dec. 18, 1995. Business Wire. US FAX (Business Wire)]

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