New agreement includes also cancellation of Woodwing reader app and ofip, the open source format for digital publishinng Woodwing has touted. Woodwing reader in iPad has several advatanges compared to Adobe reader, including wider social sharing abilites, but is expected that Adobe reader will be soon at the same level. Current customers of Woodwing will go through transition period where folio-format and Adobe-reader will replace Woodwing tech.
More information about the new alliance press release and from Woodwing faq (PDF).
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