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Infowave, Compaq sign sales pact

Infowave Software, which helps workers access corporate data on mobile devices, said Friday that it has entered into a three-year sales alliance with Compaq Computer. Compaq has also agreed to provide up to $2 million in financing through a loan that is convertible into Infowave shares. Both companies plan to expand their existing efforts, with Compaq agreeing to make "commercially reasonable efforts" to include Infowave software with its products and services.

Infowave Software, which helps workers access corporate data on mobile devices, said Friday that it has entered into a three-year sales alliance with Compaq Computer. Compaq has also agreed to provide up to $2 million in financing through a loan that is convertible into Infowave shares.

Both companies plan to expand their existing efforts, with Compaq agreeing to make "commercially reasonable efforts" to include Infowave software with its products and services.