LONDONDERRY, NH -- June 15, 1992 -- In a move designed to enhance its position as a full add-on solutions supplier for Autodesk products, Panacea Inc. today announced that it has exclusively licensed PS-Pen software from CAD Masters of Shreveport, Louisiana. Under the terms of the agreement, Panacea will be the sole publisher and marketer of PS-Pen. PS-Pen is a post-processor designed to work with PostScript output files generated by AutoCAD Releases 11 and 12. The product enables full control over line width, greyscale and color--features not available in AutoCAD by itself. In addition, PS-Pen can be used to process plot files that are imported into word processor or desktop publishing software. According to Jake Richter, Chief Technologist at Panacea, "Anyone using a PostScript printer for AutoCAD output knows the frustration of not being able to control line types and color choice. PS-Pen is a terrific low-cost solution." Richter added that Panacea intends to develop and market other software enhancements for Autodesk products, like PS-Pen, beyond its TurboDLD line of software display accelerators. PS-Pen retails for $95 and will be available through Panacea's international network of resellers and distributors. Panacea Inc. is the world's leading provider of commercial and OEM display drivers and software-only applications accelerators for graphics-intensive applications. Panacea specializes in PC-based software for graphics processors and graphics boards that support VGA/SuperVGA, 8514/A, TIGA, S3 and XGA graphics platforms. Corporate headquarters are located at 24 Orchard View Drive, Londonderry, NH 03053. Phone: 603-437-5022. +---------------------------------------------------------------+ | From the America Online New Product Information Services | +===============================================================+ | This information was processed with OmniPage Professional OCR | | software (from Caere Corp) & a Canon IX-30 scanner from data | | provided by the above mentioned company. For additional info, | | contact the company at the address or phone# indicated above. | | All submissions for this service should be addressed to | | BAKER ENTERPRISES, 20 Ferro Drive, Sewell, NJ 08080 U.S.A. | +---------------------------------------------------------------+