ClearStory Systems Announces Completion of Datawatch Transaction

May 09, 2006


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ClearStory Systems, Inc., a provider of digital asset management (DAM) solutions, has announced the closing of its previously announced definitive agreement with Datawatch Corporation. Datawatch has acquired the Radiant Document Solutions portfolio of assets and intellectual property that include Radiant Business Document Server Suite and Radiant MailManager. This is designed to provide ClearStory with the additional funding to pursue its core solutions for digital media--photos, graphics, marketing materials, multi-media, presentations, and video.

(www.clearstorysystems.com; www.datawatch.com)