Dan Case ( older brother of Steve Case of AOL fame) was the managing Director at Hambrecht & Quist and our banker on the deal. He waxed poetic at the closing dinner in June of 1989. Enjoy!
Excelan had hit a full stride by early 1989. We finished a very strong year in 1988 with almost $60 million in revenue. I can’t recall the exact profits, but we were very profitable. Our LAN Workplace product for PCs had caught fire. For the first time users could use their local server and be on the corporate network at the same time. We helped Microsoft with Windows where we taught them to preserve the “state of network connection” when the user switched to different window. Until then, Windows was strictly a local machine or a single window network workstation.