Seiko Instrument Co has signed with Ready Systems Inc, Sunnyvale, California for joint development of a computer-aided software engineering product for the Japanese market: the new JCARD will adapt Ready Systems’ CARDtools product, an integrated set of tools for the development of real-time embedded systems software to meet the requirements of local users and provide it with a Japanese language user interface; the agreement gives Seiko exclusive rights to distribute JCARD in Japan and guarantees Ready Systems a minimum of $1m in royalties during the first year; the thing is expected to bring $3m to $5m in revenue to Ready Systems over the product’s lifetime.
