ALYA Signs its First Distributor and Sale to Central Europe
Company Press Release
PALO ALTO, Calif.--Feb. 25, 1998--ALYA International, Inc. (''ALYA'' or the ''Company'') announced today that it has signed a distributor contract with Podnik Vypoctovej Techniky Bratislava a.s. (''PVT'') of the Slovak Republic.
This marks ALYA's entry into the central European market and is the Company's first distributor in this region. This is the Company's fourth distributor to sign a contract representing current year commitments of $1,675,000.00 in the first 30 days since ALYA launched its Advanced Security Management System in January. Several others are pending.
The contract was signed by Ing. Vladimir Benicek, Chairman of the Board of Directors, and Ing. Kamil Kyselica, Chief Financial Officer and Vice-Chairman of the Board of Directors, on their recent visit to ALYA's offices.
PVT provides private data networks and network services, has 1,200 employees and branches in every major city in Slovakia. PVT had revenues for 1998 of approximately SK$ 750,000,000 (US$ 15,000,000). The Company provides WAN and LAN networks, is an internet provider (36 locations) and sells hardware and software for Compaq, HP, Lexmark, Cisco, U.S. Robotics, Nokia, Cray, ZyXEL, Microsoft and others. PVT provides networks to its clients, helping them to secure and organize data. With ALYA's Advanced Security Management System these clients will also be able to secure people and property through their networks.
PVT is currently participating in the first installation project of ALYA equipment which is scheduled for completion by the end of April. The second installation is expected to be PVT's own 12-story head office complex in Bratislava.
ALYA International, Inc. is a leader in software design using Microsoft's(R) Windows NT(R), Echelon's(R) LonWorks(R)technology and Local/Wide area networks communication protocols. ALYA's first product, O.P.E.N.cortex(tm) is a development platform based on these de facto standards directed to companies implementing applications for end users such as building management systems and process control applications. ALYA has utilized this platform in the design of its second product O.P.E.N.centrix(tm), an application for Security Systems and Building Access. LonWorks 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 is endorsed by the LonMark(R) Association, supported by Motorola(R), Honeywell Inc.(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's O.P.E.N.(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 Investor Relations Toll-free: 1.888.595.6444 E-MAIL: stock@alya.com WebSite: www.alya.com |