Apple Computer, Inc. Reports Record $2.000 Billion First Quarter

Apple plans to introduce Apple’s first personal digital assistant (PDA) products at MacWorld in January.

PenStuff Joins IBM and University of Florida in Hurricane Andrew Recovery Effort

PenStuff Inc. develops a PenPoint-based data collection application in conjunction with the University of Florida GeoPlan Center to assist in assessing the recent damage caused by Hurricane Andrew.

EO Inc. Announces Partnership with AT&T, Matsushita and Marubeni to Build First Personal Communicators

EO Inc. announces a partnership with AT&T Matsushita, and Marubeni to design, build and market the first generation of a new class of products called personal communicators.

PenMagic Completes First Round of Venture Funding

PenMagic Software Inc. announces that it has received $2.0 million in a first-round funding by two Palo Alto, Calif.-based companies: Kleiner Perkins Caufield & Byers and Integral Capital Partners.

NESTOR Reports Results

NESTOR products are based on the company’s proprietary neural-network technology, which operates as adaptive information-processing systems that “learn” from experience.

Palm Computing Names New Chief Executive Officer

Palm Computing announces the appointment of Donna Dubinsky to the newly created position of president and chief executive officer.

Fujitsu Ltd. Announces Formation of Fujitsu Personal Systems Inc.

Fujitsu Ltd., Tokyo, Monday announces the formation of Fujitsu Personal Systems Inc., a Santa Clara-headquartered company responsible for product planning, sales, marketing and systems integration support of personal systems computer products in North America and Europe.

Stratton Sclavos Named Vice President, Worldwide Sales of GO Corp.

GO Corp. announces the appointment of Stratton D. Sclavos to the post of vice president of worldwide sales.

IBM Announces Pen-Based Computing Software Developers Assistance Program and First Pen-Based Computer

IBM announces the formation of the IBM Pen Developer Assistance Program, designed to assist IBM customers and independent software vendors (ISVs) as they begin developing industry specific and general purpose pen-based applications.

Nazem and Company Funds PenWare

Nazem and Co. announces an agreement to invest $1 million in PenWare Inc., a company “that every venture capitalist wants to back.”