ÕNCONTROLLED ÅXECUTION: ÔHE STRANGE SAGA OF THE ÁMIGA ÂY ÐHILIP Ó. ÍOORE [ITALIC] ÁS THE CREDITORS SIT AROUND THE TABLE, THEY CONSIDER THE SITUATION AND IT IS GROWING WORSE. ÆOR THE UMPTEENTH TIME A DEADLINE HAS COME AND GONE, AND AGAIN A LETTER OF INTENT FADED AWAY WITHOUT A TANGIBLE OFFER. ÁT THIS POINT, IT PROBABLY WOULD HAVE MADE SENSE TO LIQUIDATE AND TAKE WHAT THEY COULD GET FOR THE PIECES, BUT ÁMIGA IS A GOING BUSINESS GENERATING A SMALL PROFIT. ÁND GIVEN THE MAGNITUDE OF THE DISASTER THEY ARE DEALING WITH, THE RECEIVERS DON'T WANT TO THROW AWAY ANY OPPORTUNITIES, NO MATTER HOW SMALL. [ENDITALIC] ÁMIGA--THE NAME WAS SYNONYMOUS WITH INNOVATION. ÃREATED IN 1984 BY A PROTOTYPICAL ÓILICON ÖALLEY STARTUP COMPANY AND ABSORBED BY INDUSTRY GIANT ÃOMMODORE ÂUSINESS ÍACHINES, THE COMPUTER OFFERED A GRAPHICAL INTERFACE AND COMPUTING POWER EQUAL TO ÁPPLE ÍACINTOSH, AS WELL AS PRE-EMPTIVE MULTITASKING AND A FACILITY FOR MIXING VIDEO, IMAGES, TEXT AND SOUND UNMATCHED IN THE ENTIRE INDUSTRY FOR ALMOST ANOTHER DECADE. ÉN ADDITION, DUE TO ITS USE OF A PATENTED PROCESSOR CHIP SET AND INNOVATIVE OPERATING SYSTEM DESIGN, THE ÁMIGA COULD DO ALL THAT WITH VERY LITTLE ÒÁÍ. ÉN AN ERA WHEN ÓÉÍÍS COST $100 PER MEGABYTE, THIS WAS AN IMPORTANT ADVANTAGE. ÏNLY 512 KILOBYTES OF ÒÁÍ WOULD EASILY HANDLE VIRTUALLY EVERY BUSINESS AND PERSONAL COMPUTING NEED. ×ITH ONLY SLIGHT MODIFICATION AND UNDER 2 ÍÂ OF ÒÁÍ, THE ÁMIGA BECAME A "ÖIDEO ÔOASTER" CAPABLE OF FAR REACHING "MULTIMEDIA" APPLICATIONS. ÙET, DESPITE ITS TECHNICAL SUPERIORITY, ÁMIGA WAS AN ALSO-RAN IN THE WORLD OF PERSONAL COMPUTERS. ÔHE TECHNICALLY PRIMITIVE ÉÂÍ ÐÃ, WITH AN OPERATING SYSTEM ONLY SLIGHTLY IMPROVED FROM THE ORIGINAL ÁLTAIR 8080 PERSONAL COMPUTER, WAS THE TOP SELLER FOR BUSINESS APPLICATIONS. ÍACINTOSH, TECHNICALLY SOPHISTICATED BUT STILL LACKING IMPORTANT MULTITASKING AND MULTIMEDIA CAPABILITIES, RULED THE EDUCATIONAL AND GRAPHIC ARTS MARKETS. ÔHAT LEFT ÁMIGA A FEW COMPUTER GAMING FANS IT SHARED WITH ÁTARI, WHICH INTRODUCED THE EQUALLY INNOVATIVE ØÔ COMPUTER SYSTEMS, THE VIDEO PRODUCTION MARKET AND A SLENDER SLICE OF THE HOME/HOBBIEST MARKET. ÉT WASN'T ENOUGH. [ITALIC] ÓORTING THROUGH THE FINANCIAL WRECKAGE AND TENS OF MILLION OF DOLLARS IN UNPAID BILLS AND UNSOLD INVENTORY, IT WAS DIFFICULT TO REALIZE THAT JUST A FEW MONTHS BEFORE, ÅSCOM ÉNTERNATIONAL HAD BEEN ÅUROPE'S LARGEST ELECTRONICS RETAILER WITH STORES THROUGHOUT THE ÅÃ AND ÓCANDINAVIA. ÅSCOM HAD LOOKED LIKE THE ANSWER TO A PRAYER FOR THE CREDITORS OF ÃOMMODORE, FINALLY AT THE END OF AN ACRIMONIOUS AND LINGERING DEATH WATCH. ÅSCOM'S FLAMBOYANT CHIEF EXECUTIVE, ÍANFRED ÓCHMITT, VOWED TO PUT ÁMIGA AT THE FOREFRONT OF THE NEW INTERNATIONAL PERSONAL COMPUTER MARKET. ÂUT IT WAS NOT TO BE. ÅSCOM WAS A MIRAGE, BUILT ON DEBT. ÓEVEN MONTHS AFTER COMING TO THE ÁMIGA'S RESCUE, THE MIRAGE BEGAN TO FADE. [ENDITALIC] ÁMIGA'S FATE WAS PROBABLY SEALED BY A MAN WHO LEFT ÃOMMODORE BEFORE ÁMIGA BECAME PART OF THAT COMPANY. ÔHE MAN'S NAME WAS ÊACK ÔRAMIEL. ÂORN IN ÌODZ, ÐOLAND, IN 1927, ÔRAMIEL SAW THE ARRIVAL OF THE ÎAZIS WHEN HE WAS 12 YEARS OLD. ÔHROUGH DETERMINATION AND LUCK, HE SURVIVED THE ÁUSCHWITZ AND ÂERGEN ÂELSEN DEATH CAMPS TO BE ONE OF ONLY 970 OF ÌODZ'S 200,000 ÊEWS TO SURVIVE THE ÈOLOCAUST. ÖIRTUALLY PENNILESS, ÔRAMIEL ARRIVED IN ÎEW ÙORK IN 1947, DETERMINED TO MAKE SOMETHING OF HIMSELF. ÂY 1954, HE STARTED A TYPEWRITER REPAIR BUSINESS IN THE ÂRONX CALLED ÃOMMODORE ÐORTABLE ÔYPEWRITER. ÉN 1956, HE MOVED TO ÔORONTO AND WENT INTO THE MANUFACTURE OF ADDING MACHINES. ÔHAT COMPANY WAS CALLED ÃOMMODORE ÂUSINESS ÍACHINES. ÁDMIRED AND HATED, OFTEN BY THE SAME PEOPLE, ÔRAMIEL WAS FRUGAL TO EXCESS AND A RELENTLESS TASKMASTER. ÈE WORKED HIS EMPLOYEES HARD, PAID POORLY AND AGGRESSIVELY NEGOTIATED WITH SUPPLIERS AND DISTRIBUTORS. ÉN 1966, WHEN HE NEEDED MONEY TO EXPAND, HE MADE WHAT WOULD TURN OUT TO BE A FATEFUL MOVE AND SOUGHT OUT ÃANADA'S LEADING FINANCIER, ÉRVING ÇOULD. ÔHEY WERE A GOOD MATCH AT THE TIME. ÇOULD'S HANDS-OFF INVESTMENT STYLE PERFECTLY MATCHED ÔRAMIEL'S HANDS-ON APPROACH, AND AS LONG A THE PROFITS KEPT ROLLING IN, EVERYBODY WAS CONTENT. ÁS THE MARKET FOR BUSINESS MACHINES CHANGED, SO DID ÃOMMODORE. ÆIRST, ÔRAMIEL WENT INTO MAKING POCKET CALCULATORS, EARNING A LARGE SHARE OF THE MARKET BEFORE BEING BURNED IN THE MARKET COLLAPSE OF THE EARLY 1970S. ÎEXT, HE TURNED HIS ATTENTION TO COMPUTERS. ÔRAMIEL SAW THE COLLECTION OF HOBBYIST MACHINES THAT FOLLOWED THE INTRODUCTION OF THE ÁLTAIR 8080, PRODUCED BY ANOTHER FORMER CALCULATOR MANUFACTURER. ÔRAMIEL SAW THE POTENTIAL IN THE CONSUMER MARKET AND SET OUT TO DESIGN A PERSONAL COMPUTER THAT WOULD BE READY TO OPERATE, RIGHT OUT OF THE BOX--A NOVEL APPROACH AT THE TIME. ÔHAT COMPUTER WAS THE ÃOMMODORE ÐET. ÔHE SUCCESSFUL ÐET WAS FOLLOWED BY THE HUGELY SUCCESSFUL ÃOMMODORE 64 PERSONAL COMPUTER AND A VARIETY OF OTHER SPECIALTY MODELS, AND FOR A TIME, ÃOMMODORE ENJOYED A DOMINANT POSITION IN THE ÐÃ MARKET. ÈOWEVER, THE COMPANY'S SUCCESS WAS BUILT ON AGGRESSIVE PRICE CUTTING AND A SCORCHED EARTH APPROACH TO RESELLERS, WHO ÔRAMIEL LOADED WITH ÃOMMODORE MACHINES, THEN UNDERCUT THEIR PRICE WITH THE SAME COMPUTERS SOLD TO MASS MARKET RETAILERS. ÂRAGGING THAT ÃOMMODORE MADE COMPUTERS "FOR THE MASSES, NOT THE CLASSES," HE IGNORED THE BUSINESS MARKET AND VETOED DEVELOPMENT OF A 16-BIT COMPUTER TO MATCH THE POWER OF THE ÉNTEL 8086-BASED PERSONAL COMPUTERS. ÈE GOT AWAY WITH IT FOR A COUPLE OF YEARS, BUT BY 1983, ÃOMMODORE 64 SALES WERE DECLINING AND STOPGAP REPLACEMENTS, SUCH AS THE ÃOMMODORE 128, WERE NOT HELPING AS THE COMPANY'S MARKET SHARE ERODED. ÂY THE ÊAN. 13, 1984 BOARD OF DIRECTOR'S MEETING, ÔRAMIEL COULD NOT PROVIDE THE PROFITS THAT ÇOULD WANTED, AND WOULD NOT OFFER A SOLUTION THAT ÇOULD FOUND ACCEPTABLE. ÁFTER A HEATED ARGUMENT BEHIND THE CLOSED DOORS OF THE MEETING, ÔRAMIEL RESIGNED FROM THE COMPANY HE CREATED THREE DECADES EARLIER. ÇOULD NEEDED A NEW COMPANY PRESIDENT, AND FOLLOWING THE EXAMPLE OF ÁPPLE, HE REACHED OUTSIDE THE COMPUTER INDUSTRY AND APPOINTED ÍARSHALL ÓMITH, A STEEL INDUSTRY EXECUTIVE. ÓMITH KNEW THEY NEEDED A NEW COMPUTER TO PUT ÃOMMODORE BACK ON TRACK. ÈE ALSO KNEW THE COMPANY WAS HEADING TOWARD ITS FIRST LOSSES AND COULDN'T WAIT TO DEVELOP ITS OWN. ÓMITH NEEDED TO BUY A DAZZLING NEW COMPUTER, AND HE NEEDED IT FAST. ÈE FOUND IT IN A SMALL FACILITY OUTSIDE ÓAN ÊOSE. ÉT WAS QUAINTLY CALLED THE ÁMIGA. [ITALIC] ×HILE EVERYTHING ELSE AT ÅSCOM IS FALLING APART, ÐETRO ÔYSCHTSCHENKO KNOWS WHAT HE HAS TO DO. ÁMIGA ÔECHNOLOGIES DIVISION MUST KEEP GOING AS IF NOTHING IS WRONG WITH THE PARENT COMPANY. ÔO FALTER WOULD MEAN SHUTDOWN, AND FOR ÔYSCHTSCHENKO WHO HAD ENDURED THE LIQUIDATION OF ÃOMMODORE, ANOTHER SHUTDOWN IS UNTHINKABLE. ÉN ÍAY 1995, JUST A FEW MONTHS BEFORE, ÔYSCHTSCHENKO WAS CHOSEN BY ÅSCOM TO BE CO-PRESIDENT OF THEIR NEW SUBSIDIARY, ÁMIGA ÔECHNOLOGIES ÇMBÈ, IN COOPERATION WITH ÓTEFAN ÄOMEYER, CO-PRESIDENT FOR FINANCE, RESEARCH AND DEVELOPMENT AND MARKET COMMUNICATIONS. ×ITHIN WEEKS, EVERYTHING WAS BACK ON TRACK, AS IF THE ÃOMMODORE BANKRUPTCY HAD NEVER HAPPENED. ÏVER 40 PEOPLE WERE WORKING AT THE HEADQUARTERS OFFICE IN ÂENSHEIM, ÇERMANY, SELLING ÁMIGA 1200S AND INTRODUCING THE NEW Á4000Ô ÁMIGA TOWER. ÔHE SUBSIDIARY WAS RESTORING OLD AFFILIATIONS WITH SUPPLIERS AND DISTRIBUTORS, AND EXPANDING INTO THE NEWLY OPENED ÅASTERN ÅUROPEAN MARKET. ÙET, THEY HARDLY HAD A CHANCE TO GET THE OFFICE FURNITURE IN PLACE BEFORE UGLY RUMORS STARTED TO SPREAD ABOUT ÅSCOM. ÆINANCIAL MARKET ANALYSTS WARNED THAT THE COMPANY WAS EXPANDING TOO FAST. ÓOON, IT BECAME APPARENT THAT THE PERSONAL COMPUTER MARKET DID NOT DO WELL DURING THE ÃHRISTMAS SEASON AND ÅSCOM HAS AN ALARMINGLY LARGE INVENTORY OF UNSOLD MACHINES. ÅSCOM Á.Ç. ANNOUNCED A $30 MILLION LOSS IN ÊANUARY. ÂY ÆEBRUARY THE LOSS IS REVISED UPWARD TO $83 MILLION AND THE ÇERMAN STOCK EXCHANGE SUSPENDED TRADING ON THE COMPANY'S STOCK. Á FAMILIAR SCENARIO UNFOLDS FOR THE FORMER ÃOMMODORE PEOPLE AT ÁMIGA ÔECHNOLOGIES. ÆOR A SECOND TIME, ÁMIGA IS HOSTAGE TO A BANKRUPTCY. [ENDITALIC] ÆOR ÁMIGA ÃORP. AND ÃOMMODORE, EACH WAS THE ANSWER TO THE OTHER'S PRAYERS. ÁMIGA ÃORP. WAS ESTABLISHED IN 1982 BY ÍIDWEST VENTURE CAPITALISTS HOPING TO CASH IN ON THE VIDEOGAME BOOM. ÔHE COMPANY THEY CREATED, ÈI-ÔORO, WAS TOO LATE TO TAKE ADVANTAGE OF THE BOOM BEFORE IT WENT BUST AND INSTEAD, THE COMPANY'S ENGINEERS TURNED THEIR ATTENTIONS TO DEVELOPING THE NEXT GENERATION OF COMPUTING. ÒENAMING THE COMPANY "ÁMICA", ÌATIN FOR "FRIEND", THEY TOOK A LOOK AT EVERYTHING THE PERSONAL COMPUTER WAS CAPABLE OF DOING, AND SET OUT TO BUILD THEIR MACHINE TO ACCOMPLISH THEM. ÍEANWHILE, THEY WERE INFORMED THAT ANOTHER COMPANY HAD THEIR NEW NAME, SO THEY CHANGED IT TO THE ÓPANISH VERSION, "ÁMIGA". ÁFTER TWO YEARS, ÁMIGA'S STAFF HAD ACCOMPLISHED WHAT THEY SET OUT TO DO, BUT THE NEXT STEP--MANUFACTURING AND SELLING THE MACHINES--WOULD REQUIRE MORE MONEY AND THEY WERE BROKE. ÔHE VENTURE CAPITALISTS FACED THE NEED FOR FURTHER INVESTMENT AND A LONGER WAIT FOR A RETURN, IF ANY. ÉNSTEAD, TO THE DISMAY OF ÁMIGA'S ENGINEERS WHO WORRIED ABOUT ÃOMMODORE'S REPUTATION FOR DISCOUNT PRODUCTS, THEY SOLD OUT AND ÃOMMODORE WELCOMED THE NEARLY COMPLETE ÁMIGA AND ITS STAFF WITH OPEN ARMS. ÏN ÊULY 23, 1985--LESS THAN A YEAR AFTER THE ÁUGUST 1984 PURCHASE--THE ÁMIGA 1000 WAS INTRODUCED AT ÌINCOLN ÃENTER TO REVIEWS LABELLING THE MACHINE "INCREDIBLE" AND "AMAZING". ÉT OUT-ÍACINTOSHED ÁPPLE'S ÍACINTOSH AND MADE THE ÉÂÍ ÐÃ ØÔ LOOK LIKE A DINOSAUR. ÔHE FUTURE FOR ÃOMMODORE AND THE ÁMIGA LOOKED SECURE. ÔHEN THE COMPANY FUMBLED FOR THE FIRST, BUT NOT LAST TIME. ÉT TOOK THREE MONTHS FOR ÁMIGAS TO BEGIN ARRIVING IN THE STORES, LOSING A PRECIOUS SHARE OF MOMENTUM AFTER THE INTRODUCTION. ÎEXT, ÃOMMODORE BEGAN POSTING QUARTERLY LOSSES AND REACTED BY REDUCING ADVERTISING AND SALES BUDGETS, CRIPPLING 1985 ÃHRISTMAS SEASON SALES. ÔHESE BLUNDERS WERE FOLLOWED BY AN OFF-AGAIN, ON-AGAIN RELATIONSHIP WITH THE MAJOR COMPUTER RESELLERS AND MASS MARKETERS, SUCH AS ÓEARS, DENYING THE COMPUTER EITHER THE CONSUMER MARKET SERVED BY THE RETAILERS OR BUSINESS MARKETS, SERVED BY THE COMPUTER STORES. ÓMITH SAW LITTLE CHANCE OF TURNING THINGS AROUND AND RESIGNED IN 1986, TO BE REPLACED BY ÔHOMAS ÒATTIGAN, A FORMER ÐEPSIÃO EXECUTIVE. ÒATTIGAN WAS FIRED A YEAR LATER, ESCORTED FROM ÃOMMODORE'S ÐHILADELPHIA HEADQUARTERS BY SECURITY GUARDS. ÈE RETALIATED WITH A $9 MILLION BREACH OF CONTRACT SUIT. ÎEXT, FORMER ÉÔÔ EXECUTIVE ÍAX ÔROY TRIED HIS HAND AS ÃOMMODORE PRESIDENT AND RESIGNED LESS THAN TWO YEARS LATER. ÎEW MODELS WERE INTRODUCED, SUCH AS THE ÁMIGA 2000, ÁMIGA 500, ÁMIGA 2500 AND 3000. ÔHEY ALL RECEIVED GOOD REVIEWS BUT WERE DOGGED BY ÃOMMODORE'S DISMAL REPUTATION. ÁS A RESULT, SALES WERE DISAPPOINTING AND ÃOMMODORE'S SHARE OF THE PERSONAL COMPUTER MARKET SLIPPED FROM 26 PERCENT TO A MEAGER 6 PERCENT. ÏNLY ÅUROPEAN SALES REMAINED STRONG, BUT THAT WASN'T ENOUGH TO KEEP ÃOMMODORE'S STOCK PRICE FROM SLIPPING FROM $61 TO $8 A SHARE. ÇOULD, 70 YEARS OLD IN 1989 AND LIVING IN THE ÂAHAMAS TO ESCAPE ÃANADIAN AND ÕÓ TAXES, REACHED OUT AGAIN FOR SOMEBODY TO TURN AROUND ÃOMMODORE'S DECLINING FORTUNES. ÈE SELECTED FORMER ÄILLON ÒEAD INVESTMENT BANKER ÍEHDI ÁLI, NAMING HIM PRESIDENT. ÁLI DIDN'T CARE ABOUT THE ÁMIGA OR COMPUTERS. ÈE CARED ABOUT KEEPING ÇOULD HAPPY AND THAT MEANT CREATING PROFITS, NO MATTER WHAT. ÓTARTING IN 1989, ÁLI BEGAN A FIVE YEAR ODYSSEY OF CANNIBALIZING ÃOMMODORE, CUTTING BUDGETS AND STAFF AND ÁMIGA'S ALREADY INSUFFICIENT ADVERTISING AND MARKETING OPERATIONS IN AN ATTEMPT TO KEEP THE PROFITS ROLLING IN. ÁMIGA'S USERS AND DEVELOPERS WERE FANATICAL IN THEIR SUPPORT FOR THE COMPUTER SYSTEM, BUT THEY KNEW ÁLI WAS STEALING THE FUTURE TO PAY FOR THE PRESENT. ÔHE FUTURE ARRIVED ON ÁPRIL 29, 1994, WHEN ÃOMMODORE ÉNTERNATIONAL ÌIMITED, THE PARENT COMPANY, COULD NO LONGER CREATE PROFITS THROUGH CUTBACKS AND FILED FOR LIQUIDATION IN THE ÂAHAMAS ÓUPREME ÃOURT. ×ITHIN HOURS, THE COMPANY'S EMPLOYEES WERE LET GO AND THE DOORS ARE LOCKED. [ITALIC] ÔYSCHTSCHENKO LATER DESCRIBED HIS EXPERIENCES AS "THE MOST TERRIBLE TIMES IN MY LIFE." ÈE PERSONALLY PLEADS WITH THE RECEIVER TO ALLOW ÁMIGA ÔECHNOLOGIES ÇMBÈ TO CONTINUE TO OPERATE. ÈIS EFFORTS ARE AIDED BY A PURCHASE OFFER ON THE TABLE FROM THE ÃHICAGO COMPANY, ÖÉÓCORP, WHICH WAS NEGOTIATING TO LICENSE ÁMIGA'S PROPRIETARY TECHNOLOGY BEFORE ÅSCOM FAILED, THEN SWITCHED ITS EFFORTS TO BUYING THE WHOLE SUBSIDARY. ÏFFERING $40 MILLION FOR ÁMIGA ÔECHNOLOGIES, ÖÉÓCORP PLANS TO PRODUCE "SET-TOP BOXES" TO OFFER COMPUTING AND WORLD WIDE WEB BROWSING OVER THE TELEVISION. ÁDDING ÁMIGA'S DISTRIBUTION NETWORK MAKES THE OPERATION A VALUABLE ASSET. ÔHE RECEIVER KEEPS ÁMIGA ALIVE UNTIL THE DEAL CAN BE COMPLETED AND FOR A FEW WEEKS, ÖÉÓCORP ACTS AS IF IT ALREADY OWNS TO THE COMPANY. ÔHE ONLY THING REMAINING IS FINAL PAYMENT, AND THAT IS SCHEDULED FOR ÁUG. 20, 1996. ÈOWEVER, ON ÁUG. 20, ÖÉÓCORP EXECUTIVES ASK FOR AN EXTENSION UNTIL ÓEPT. 20. ÏN THAT DATE THEY ASK FOR ANOTHER, THEN ANOTHER, NOW COMPLAINING THAT THE PRICE IS TOO HIGH. ÂY ÄEC. 2, 1996, ÖÉÓCORP OFFICIALLY WITHDRAWS ITS OFFER, BUT NOT BEFORE ÁMIGA ÔECHNOLOGIES' ÃO-ÐRESIDENT ÄOMEYER AND MOST OF THE KEY STAFF WALK OUT AND FORM THEIR OWN COMPANY, ÐÉÏÓ, PROCLAIMING THAT "THE ONLY CHANCE TO KEEP ÁMIGA ALIVE IS A NEW START." ÁNOTHER ÁMIGA LOYALIST, PERIPHERAL MAKER ÐHASE 5 OF ÇERMANY, AGREES AND ANNOUNCES THEIR OWN PLANS TO PRODUCE AN ÁMIGA COMPATIBLE COMPUTER CALLED "Á/BOX". ÎOW ONLY ÔYSCHSCHENKO AND TWO STAFF MEMBERS REMAIN AT ÁMIGA ÔECHNOLOGIES, ÁXEL ËRAEMER AND ÁNDREAS ÓTEEP. ÔHE THREE ANSWER PHONES, OPEN MAIL, RUN TO THE BANK AND DO WHATEVER IT TAKES TO KEEP THE DOORS OPEN. "ÔHANK ÇOD É COULD CONVINCE THE TRUSTEE TO NOT SMASH ÁMIGA FOR THE PRESENT," ÔYSCHSCHENKO COMMENTS. "×ITH OUR SALES, WE CAN KEEP OURSELVES EASILY ALIVE." ÔHEY DO BETTER THAN THAT. ÓALES IN ÅUROPE ARE RISING AND A DEAL WITH THE ÎORRISTOWN, ÐENNSYLVANIA COMPANY ÑUIKPAK HAS BROUGHT THE ÁMIGA BACK TO THE ÕÓ WITH SALES OF THE Á4000Ô AND AN UPGRADED VERSION CALLED Á4060Ô. ÉF THE RECEIVERS CAN SETTLE THE ULTIMATE OWNERSHIP ISSUE, ÁMIGA ÔECHNOLOGIES IS READY TO REBOUND. ÔHE SITUATION AWAITS AN ANGEL AND ÑUIKPAK STEPS IN WITH AN OFFER. ÔHE TRUSTEE, LEERY AFTER THE ÖÉÓCORP FIASCO, WELCOMES THE OFFER AND SETS A DEADLINE FOR FINAL SETTLEMENT BUT DOES NOT COUNT THE COMPANY AS SOLD. ÉT TURNS OUT TO BE A GOOD MOVE. [ENDITALIC] ×ITHIN DAYS OF ÃOMMODORE'S 1994 ANNOUNCEMENT, THE COMPANY EMPLOYEES DISPERSED AND THE REMAINING ASSETS WERE IN THE HANDS OF THE CREDITORS. ÔHIS SHOULD HAVE BEEN THE END OF THE STORY, BUT A STRANGE THING STARTED TO HAPPEN--PERIPHERAL AND SOFTWARE PRODUCERS BEGAN TO COME FORWARD, VOWING THEIR CONTINUED SUPPORT FOR THE PLATFORM. ÆIRST A HANDFUL, THEN DOZENS...ENOUGH TO KEEP THE ÁMIGA ALIVE, AT LEAST FOR THE TIME BEING. ÉNSTEAD OF A QUICK DEATH, IT BECAME A PROTRACTED WAITING GAME, WITH EVERYONE WATCHING TO SEE WHAT THE BANKRUPTCY AGREEMENT WOULD INDICATE FOR THE FUTURE. ÉF THE ASSETS WERE AUCTIONED PIECEMEAL, THEN THE CHANCES THAT THE ÁMIGA WOULD RETURN WERE REMOTE. ÉF THE COMPANY REMAINED A SINGLE ENTITY, THEN THE STORY WASN'T OVER. ÁLMOST IMMEDIATELY, FORMER ÃOMMODORE STAFF MEMBERS WERE HIRED BY COMPANIES INTERESTED IN ACQUIRING THE ÁMIGA OR ITS TECHNOLOGY. ÁS THE COMPANIES INDICATED THEIR INTEREST IN THE ÁMIGA, THE CREDITORS OF ÃOMMODORE BEGAN TO SEE AN OPPORTUNITY TO SELL THE COMPANY, NOT IN PIECES, BUT AS A SINGLE PACKAGE. ÁN AGREEMENT WAS REACHED FOR SETTLEMENT OF CLAIMS AND A DATE WAS SET FOR RECEIVING OFFERS FOR THE ENTIRE ASSETS OF ÃOMMODORE, INCLUDING THE ÁMIGA. ÏN THAT DAY, ÁPRIL 21, 1995, THE OFFERS WERE OPENED, AND THE WINNER WAS A ÇERMAN COMPUTER AND ELECTRONICS RETAILER, ÅSCOM Á.Ç. ÔHE COMPANY LOOKED LIKE A PERFECT MATCH. ÔHE ÃOMMODORE CREDITORS WERE, IF NOT HAPPY, AT LEAST SATISFIED. ÔHE ÁMIGA'S COMMUNITY OF USERS AND SUPPLIERS THOUGHT THE CRISIS WAS OVER, AND THE FUTURE LOOKED ASSURED. [ITALIC] ÎORTH ÓIOUX ÃITY, ÓOUTH ÄAKOTA IS ABOUT AS FAR FROM ÇERMANY AS YOU CAN GET, IN MILES, TOPOGRAPHY AND MENTALITY. ÙET, IN THE EXECUTIVE OFFICES OF A GIANT ÓOUTH ÄAKOTA COMPANY, THE FUTURE OF ÁMIGA WAS BEING DECIDED. ÑUIKPAK, DESPITE ITS GOOD INTENTIONS, CANNOT RAISE THE PURCHASE PRICE BY THE DEADLINE AND AGAIN ÁMIGA IS HEADING TOWARD THE BRINK. ÔIME IS RUNNING OUT FOR ÅSCOM'S CREDITORS AND THE THE RECEIVER. ÉF THE STATUS OF ÁMIGA ÔECHNOLOGIES CANNOT BE RESOLVED IN THE IMMEDIATE FUTURE, THERE WILL BE NO CHOICE. ÔHE COMPANY WILL BE SHUT DOWN AND THE ASSETS AUCTIONED TO THE HIGHEST BIDDER. ÔHIS SCENARIO IS THE SUBJECT OF THE DISCUSSIONS IN THE OFFICES OF ÇATEWAY 2000, THE WORLD'S LARGEST DIRECT MARKETER OF PERSONAL COMPUTERS. ÉT HAS BECOME THE TOPIC OF INTEREST BECAUSE ÔED ×AITT, CO-FOUNDER AND PRESIDENT OF THIS ÆORTUNE 500 COMPANY, HAS DECIDED THAT ÇATEWAY 2000 MAY WANT TO REACH BEYOND ITS TRADITIONAL BUSINESS OF MAKING WELL-LIKED BUT UNREMARKABLE ÉÂÍ-COMPATIBLE MACHINES AND ACQUIRE ÁMIGA ÔECHNOLOGIES. ÔHERE IS NO QUESTION THAT ÇATEWAY 2000 HAS THE MONEY. ÂUT DOES IT MAKE SENSE TO SPEND IT ON THE ÁMIGA? ×AITT THINKS IT DOES. ÁT FIRST, ALL HE WANTED WERE THE PATENTS. ÔHE ÁMIGA'S MULTIMEDIA CAPABILITY IS STILL AN INDUSTRY LEADER AND COMBINING THAT WITH ÇATEWAY'S NEW ENTRY INTO THE SET-TOP BOX MARKET OFFERS TEMPTING TECHNICAL OPPORTUNITIES. ÈOWEVER, THE MORE HE LOOKS, THE MORE ×AITT BELIEVES THAT THERE IS A FUTURE FOR THE ÁMIGA, ITSELF. "ÁMIGA HAS SOME FANTASTIC TECHNOLOGY," HE COMMENTED IN AN INTERVIEW WITH ÂOOT MAGAZINE. "ÂUT THERE MIGHT BE A LOT MORE THAN JUST A SET OF PATENTS. ÔHERE'S THE TREMENDOUS ENTHUSIASM OF THE FOLKS IN THE ÁMIGA USER ENVIRONMENT." ÏN TOP OF THAT, THERE IS A COMPANY OPERATING AS A SMALL BUT PROFITABLE CONCERN AND AN OVERSEAS MARKET THAT IS GAINING, RATHER THAN LOSING GROUND. ÆOR A MAN WHO DECIDED THAT HE COULD MAKE COMPUTERS IN THE MIDDLE OF THE ÇREAT ÐLAINS, IN A TOWN WHERE THE LARGEST EXISTING EMPLOYER WAS A HOG SLAUGHTERHOUSE, IT ALL LOOKS TOO TEMPTING. [ENDITALIC] ÔHE TORTURED SAGA OF THE ÁMIGA REACHED A SUDDEN AND SURPRISING END ON ÍARCH 27, 1997 WHEN ÇATEWAY 2000 ANNOUNCED ITS INTENTION TO PURCHASE ÁMIGA ÔECHNOLOGIES ÇMBÈ. ÔHIS HAPPY TURN OF EVENTS STARTLED EVERYONE, INCLUDING ÁMIGA LOYALISTS WHO HAD BECOME MORE ACCUSTOMED TO BAD THAN GOOD NEWS. ÔHEY COULD NOT QUESTION ÇATEWAY'S ABILITY TO MEET THE PRICE, NOW DOWN TO ABOUT $16 MILLION, BUT THEY WONDERED WHETHER THE COMPANY PLANNED TO CLOSE THE COMPANY, TAKE THE PATENTS, AND MOVE ON. ÉT TOOK ONLY A FEW DAYS FOR ÇATEWAY TO PUT THEIR FEARS TO REST. ÏN ÍAY 18, AT A NEWS CONFERENCE PRIOR TO THE OPENING OF THE ×ORLD OF ÁMIGA ÃONFERENCE IN ÌONDON, ÇATEWAY ANNOUNCED THE RENAMED ÁMIGA ÉNTERNATIONAL ÉNC., AND VOWED THEIR COMMITMENT TO THE FUTURE OF THE ÁMIGA COMPUTER. ÏN THE PLATFORM WAS ÊIM ÔAYLOR, ÇATEWAY'S SENIOR VICE PRESIDENT FOR GLOBAL MARKETING, WHO NOTED, "ÉT'S EXCITING TO KNOW HOW MUCH SUPPORT ÁMIGA CONTINUES TO ENJOY." ÊOINED BY ÔYSCHSCHENKO, WHO REMAINED PRESIDENT OF THE RENAMED SUBSIDIARY, ÔAYLOR VOWED TO SUPPORT THE ÁMIGA COMMUNITY. "ÅVERY ÁMIGA CUSTOMER SHOULD KNOW THAT WE SHARE THEIR BELIEF IN THIS PRODUCT AND WE BELIEVE THAT IT HAS A STRONG ROLE IN OUR MULTIMEDIA COMPUTING WORLD." ÓINCE THEN, ÇATEWAY HAS MADE GOOD ON ITS PROMISES, AGREEING TO BROADLY LICENSE ÁMIGA'S TECHNOLOGY AND ASSIST IN DEVELOPING NEW PRODUCTS BASED ON AN OPEN STANDARD. ÂY EXPANDING THE NUMBER OF COMPANIES IN THE ÁMIGA BUSINESS, EVEN POTENTIAL COMPETITORS, ÇATEWAY SEES THE OPPORTUNITY TO MAKE THE ÁMIGA CHEAPER TO PRODUCE, FASTER TO DEVELOP AND EASIER TO UPGRADE. ÍOSTLY, ÇATEWAY 2000 IS OFFERING THE ÁMIGA A CHANCE TO REMAKE HISTORY. ÆROM A LONG, TORTURED PATH LITTERED WITH MISTAKES AND NEAR SUCCESS, THE COMPANY NOW HAS THE STABILITY AND CREDIBILITY TO FULFILL ITS POTENTIAL. ÆOR ONCE, IT IS A CHANCE THAT, ÁMIGA'S ENTHUSIASTS PROMISE, WILL NOT BE MISSED. [END OF TEXT ARTICLE]