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Company Mission The Leader in Access Management Founded in 1988, Aladdin Systems, Inc., a wholly owned subsidiary of Aladdin Systems Holdings, Inc. (OTC BB: ALHI), develops and publishes award-winning business and consumer products, including StuffIt, the complete compression solution for Windows, Macintosh, Linux and Solaris platforms. Aladdin's software offers a range of solutions to increase user efficiency in the areas of information access, removal, recovery, security and Internet distribution. Corporate History Backgrounder Aladdin Systems, Inc. was founded in 1988 to develop, publish, and distribute microcomputer software products for Apple and IBM computers. The company's mission is to make data transmission, access and organization transparent in the Internet era. Macintosh utility and developer marketplaces provided the platform for Aladdin's first products, with numerous Macintosh and IBM PC-based products scheduled in the upcoming years. Shortly after its founding, Aladdin Systems teamed up with 15 year-old Raymond Lau, author of the de facto standard StuffIt software, to further develop the state-of-the-art compression, security, and archiving product and to introduce new, innovative software. Aladdin made its debut in the Macintosh marketplace in the summer of 1989 with the introduction of Raymond Lau's Shortcut?, a system enhancement for the Macintosh that provides file and disk management within every application's Open and Save dialog. The history of StuffIt began in 1986, before Aladdin Systems was founded. At the age of 15, Raymond Lau developed the StuffIt compression, security, and archiving software. In order to promote widespread use of the software, Raymond publicly released the software under the shareware philosophy where users are encouraged to use and freely distribute the software; if use continues after a 15 day trial period, users are honor-bound to pay a nominal fee. Shortly after its release, StuffIt was embraced by telecommunications users as a method for saving time and online fees. Within six months, StuffIt became the de facto standard for sending files across modems and networks. America Online, AppleLink, CompuServe, GEnie, Delphi, and thousands of local Bulletin Board Systems (BBSs) adopted StuffIt and required their users to obtain the software and to compress all files before sending them to the service. StuffIt is not only the standard for compression, but also became the #1 shareware product for the Macintosh. Today, the original StuffIt is known as StuffIt Lite. Of note, Raymond Lau was the first person ever to receive the industry's prestigious "Derek Van Alstyne Rising Star" Award. Present Status Aladdin Systems, Inc. located in Watsonville, California, is known for utility applications and software developer tools.