ALYA International, Inc. Signs Joint Development Agreement With Motorola's Indala Corporation
PALO ALTO, Calif.--Jan. 6, 1998--ALYA International, Inc. (''ALYA'' or the ''Company'') announces that the Company has entered into a joint development agreement with Indala Corporation, a wholly owned subsidiary of Motorola, Inc. to develop two proximity card readers incorporating LonWorks(R) technology.
These card readers are to be fully compliant with ALYA's Advanced Security Management System and the International LonMark Interoperability Association's standards. This Association sets the standards for LonWorks based control products and includes companies such as Motorola, Honeywell, Johnson Controls and Landis & Stefa. ALYA is also a member of this Association.
The advantage of these new readers is their level of interoperability with other building automation control systems. For example, when a person enters their building's parking facility, the proximity reader in conjunction with ALYA's security system can initiate the opening of a gate, and then send a message to the environmental control system to set the temperature in a single office, thus conserving energy. Lighting systems, Heating, Ventilation and Cooling Systems, Fire Systems and Security Systems based upon LonWorks technology can inter-operate creating highly efficient buildings.
Indala showed their intelligent LonWorks Remote Electronics (LRE-300) (ALYA/INDALA Joint Development Product) product at recent international trade events, including the American Society for Industrial Security and LonUsers Europe.
Frost and Sullivan estimate that the US market for building access and security systems will be $2.18 billion by 2001 with a growth rate of 13%. Approximately 47% of this is Card Readers and Cards with the balance of 53% being software and control hardware. ALYA's projections for sales of OPENcentrix (the security system) target capturing 5% of this market by 2001 which would provide the Company with revenues of US $63,800,000.
Motorola's Indala Corporation manufactures radio frequency (RF) proximity cards, tags and readers for a variety of applications in business and industry. Indala's unique RF products can be used to identify people, vehicles or objects in applications such as access control, time-and-attendance, factory automation, inventory and asset management.
ALYA International, Inc. (NASDAQ/OTC Symbol: ALYA - news) is a leader in providing systems based upon 'Open Systems Technology' (allowing systems or devices of different manufacturers to work in harmony). ALYA's first product, OPENcortex is a development platform based upon de-facto standards such as Microsoft's(R) Windows NT(R), Echelon's(R) LonWorks (R) technology and standard LAN and WAN protocols. OPENcortex(TM) is aimed at companies that are embracing these new standards and want to quickly implement them in new process control or building control systems to retain or grow market share. Based on this new platform ALYA has designed and produced its second product OPENcentrix(TM), an Advanced Security Management System. OPENcentrix features interoperability with building automation systems.
LonWorks(R) technology is a de-facto standard in the building automation and process control industries providing a new standard for open architecture and interoperable control systems. LonWorks(R) is endorsed by the LonMark(R) Association, supported by Motorola(R), Honeywell Inc [NYSE:HON - news].(R), Johnson Controls, Inc.(R), Olivetti(R), BTE(R) and Toshiba Corporation(R). ALYA is one of the first companies to develop ''plug and play'' open architecture (ALYA'OPEN(TM) ''Open Platform for Essential Networks'') hardware and software for the security and control industries.
Statements made in this press release that are not historical facts, including any statements about expectations for fiscal year 1998 and beyond are forward-looking statements, involving certain risks and uncertainties. Factors that could cause the company's actual results to differ materially from management's projections, estimates and expectations include, but are not limited to, delays in the receipt of orders or in the shipment of products, any delay in execution of the company's divestiture plan, and other factors referred to in the company's Securities and Exchange Commission filings.
Contact: ALYA International, Inc. Investor Relations, 888/595-6444 E-MAIL: stock@alya.com |