Pulse Data International Intends to Acquire HumanWare from Tieman Group

Pulse Data International Ltd, the New Zealand based maker of technology for the visually impaired, announced today its intention to acquire 100% of the shares of HumanWare Inc. from HumanWare's Dutch parent company, Tieman Group. With the provision that the intended deal is confirmed following due diligence, the acquisition will occur on 18 May 2001.

HumanWare Inc., which is based in Loomis, CA, is the national master distributor for leading Braille and speech products for the blind from Pulse Data, Tieman, Kurzweil Education Systems and Quantum Technologies. It is highly respected as a full service provider of technology for the visually impaired, to education, rehabilitation, employers and visually impaired individuals.