Press Release

Monday, December 11, 1995 < Prev Next >

Visio Celebrates Five Years of Success

Anniversary Marks Significant Milestone for Leading Developer of Drawing and Diagramming Software

SEATTLE, Dec. 11 /PRNewswire/ — Founded as Axon Corp. five years ago this fall, Visio Corp. (Nasdaq: VSIO) announces its fifth anniversary as a leading developer of drawing and diagramming software for the mainstream business user. In this short amount of time, Visio has pioneered a category, consistently implemented the latest technologies for Microsoft® Windows®, penetrated international markets, and is on track to fulfill its mission as a single standard for creating, storing and exchanging drawings and diagrams in business.

Visio's history includes the following highlights:

1992

  • Introduction of Visio® 1.0. Visio's dramatically new approach of drag and drop drawing allows business and technical professionals to use graphics to communicate on personal computers in their everyday work.

1993

  • Launch of Visio Shapes™. Recognizing users' job-specific drawing needs, Visio extends the number and types of drawings available through aftermarket shapes in areas such as biotechnology, insurance, chemistry, marketing and petroleum engineering.
  • Hitting the million-dollar mark. After only six months with Visio 1.0 on the market, Visio achieves its first million-dollar month.
  • Entrance into Europe. Visio expands its mission of providing drawing and diagramming for mainstream business users to a worldwide level and enters the European market with an International English version of Visio 1.0.
  • Incorporation of OLE 2.0 technology. One of the first OLE 2.0- compliant applications available, Visio 2.0 provides users with the ability to use Visio in complete solutions through seamless integration with their other applications.
  • Providing extensibility through OLE Automation. Visio 2.0's support of OLE Automation provides corporate users and system integrators with the ability to further customize Visio to meet specialized needs.

1994

  • Expansion of a global strategy. The launch of German and French versions of Visio 2.0 and the opening of international sales offices help meet the needs of international users in Germany, France and the U.K.
  • Solution providers turn to Visio. PSI International Inc. is one of the first software developers to use Visio for a significant solution, employing Visio technology in a pen-based accident-reporting system for law-enforcement agencies.
  • First component product. The introduction of Visio Express™ for Microsoft Office and for Lotus SmartSuite® marks the first commercially available component applications, providing advanced integration and familiar interfaces for suite users.
  • Corporate standardization on Visio. Fluor Daniel Inc. is one of the first companies to standardize on Visio for all of its drawing and diagramming needs.
  • Redefining technical drawing. Visio Technical 3.0 gives technical professionals who are not full-time CAD users access to CAD drawings, as well as the ability to create and develop their own technical drawings and schematics.

1995

  • Visio Technical replaces CAD. Johnson Controls Inc. signs a volume license agreement to replace the CAD software of its systems engineers and also create a field automation solution with Visio Technical.
  • New brand strategy. Based on the success of its flagship application, and to support a single brand identity and advance a higher level of corporate awareness, Visio changes its company name from Shapeware Corp. to Visio Corp.
  • Leading the Windows 95 wave. Visio 4.0 and Visio Technical 4.0 not only truly optimize Windows 95, but they are the first graphics applications available for Microsoft's new operating system.
  • Installed base reaches one-half million. The installed base of Visio surpasses 500,000 users.
  • Visio announces initial public offering. Visio offers 2,470,000 shares of its common stock on the Nasdaq National Market under the trading symbol VSIO.
  • Developer training offered. The new support offering from Visio gives developers and solution providers the technical information and tools to customize Visio for their business needs.

"These milestones reached to date are indicative of our future strategies to bring enterprisewide graphics solutions to the Windows desktop," said Jeremy Jaech, president and CEO of Visio Corp. "Moving forward, we plan to continue deepening the corporate usage of Visio, expanding distribution of Visio worldwide, and positioning Visio on the forefront of leading technologies."

Visio Corp. (Nasdaq: VSIO), a leading supplier of business drawing and diagramming software, was founded in October 1990. The Seattle- based company pioneered the drawing and diagramming market with the release of Visio 1.0 in November 1992. Since then, Visio has released additional Windows-based drawing and diagramming products designed for business and technical users. The company markets the Visio product line in North America, South America, Europe and Asia.

NOTE: Visio is a registered trademark and Visio Shapes and Visio Express are trademarks of Visio Corp.

Microsoft, Windows and MSN are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

Lotus SmartSuite is a registered trademark of Lotus Development Corp.

If you are interested in viewing additional information on Visio Corp., please visit the Visio home page at http://www.visio.com. Details about Visio are also available on CompuServe and MSN™, The Microsoft Network.

/NOTE TO EDITORS: Visio Corp.'s press releases are available at no charge through PR Newswire's Company News On-Call fax service and on PRN's Web site. For a menu of Visio Corp.'s press releases or to retrieve a specific release, call 800-758-5804, extension 107036, or http://www.prnewswire.com/cnoc/exec/menu?107036 on the Internet/

/CONTACT: Melissa Covelli, 206-637-9097, or e-mail: melc@wagged.com, or Megan Prentiss, 206-637-9097, or e-mail: meganp@wagged.com, both of Waggener Edstrom/

(VSIO)

CO: Visio Corporation ST: Washington IN: CPR SU:

SS-LD — LAM021 — 1415 12/11/95 09:04 EST

Source page: http://www.thefreelibrary.com/VISIO+CELEBRATES+FIVE+YEARS+OF+SUCCESS-a017830826