CE SOFTWARE ACQUIRES ROSESOFT INC. SYNERGISTIC PRODUCT LINES AND OPERATING PHILOSOPHY CITED BELLEVUE, WA -- RoseSoft, Inc. announced today that it has agreed to an acquisition of its operations and product lines by CE Software, Inc. of West Des Moines, Iowa. Details of the all cash deal were not disclosed. CE Software Holdings, Inc. is a publicly held company (NASDAQ/NMS symbol: CESH), best known for its successful line of Macintosh software products, including QuickMail and QuicKeys. RoseSoft is the developer and publisher of the PC industry leading macro processor ProKey, available for both DOS and Windows platforms. According to Steve Millsaps, President of RoseSoft, "Our product line fits extremely well with CE's and enhances their growing presence in the PC marketplace. We have been quite impressed with CE's commitment to our products and their genuine desire to serve our customers. We are confident that CE will aggressively enhance both DOS and Windows versions of ProKey and will introduce a new generation of users to these great productivity tools . "I am proud of the goodwill that RoseSoft has generated over the years," Mr. Millsaps continued. "We see this merger as a wonderful opportunity for our customers worldwide . " Jim Sheldon-Dean, ProKey's team leader at CE Software added, "We're very pleased with this acquisition. We have built up a good relationship with RoseSoft and look forward to doing the same with all of RoseSoft's customers. At CE, we are very focused on customer satisfaction and have committed ourselves to serving the existing and future ProKey users." All support and development activities will be moved to CE Software's headquarters in West Des Moines, Iowa. Joseph King, RoseSoft's Windows Development Manager, will continue working on ProKey for Windows, including a Computer Based Training (CBT) version for software vendors and large corporations, a runtime version for software vendors, and ProKey for Windows Release 1.1. RoseSoft's Documentation Manager, James Larkin, and its PR Counsel, Richard Leeds, will also be working with CE Software. ProKey has received numerous awards and acclimations since its introduction, including the 1992 "Win100" award from Windows Magazine and the 1992 "Reader's Best" award from PCM Magazine. RoseSoft clients include many of America's largest companies and government agencies, such as Microsoft, AT&T, Boeing, and NASA. RoseSoft Inc, PO Box 70337, Bellevue, WA 98007 206-562-0225, Fax: 206-562-9846 +---------------------------------------------------------------+ | From the America Online - New Product Information Services | +===============================================================+ | This information was processed from data provided by the | | above mentioned company. For additional details, contact the | | company at the address or telephone number indicated above. | | All submissions for this service should be addressed to | | BAKER ENTERPRISES, 20 Ferro Drive, Sewell, NJ 08080 U.S.A. | +---------------------------------------------------------------+