First South American Distributor Signs Non-Disclosure
ALYA Prepares for Las Vegas Trade Show
AGM Set For March 20
ALYA International Inc.
PALO ALTO, Calif.--March 10, 1998--The company has received a signed
non-disclosure agreement with Codas Electronica S.A. (''Codas'') of
Argentina, representing the company's first relationship in South
America.
The two companies will be meeting at the upcoming ISC EXPO/Las Vegas
'98 security trade show from March 23-26, 1998 to further develop this
relationship with the goal to Codas becoming a distributor for ALYA's
Advanced Security Management System.
Codas Electronica S.A. is a 14 year old company, and for 12 years has
provided technical support for Motorola SPS (microcontrollers,
microprocessors, memory, power, etc.) and they have developed several
development tools for Motorola microcontrollers (HC05, HC11, etc.).
Coda also provides technical support for Echelon and Motorola/Indala
products in Argentina and Brazil.
ISC EXPO/Las Vegas '98 will be held at the Las Vegas Convention
Center, Las Vegas, Nevada. This will be the largest ISC EXPO to date
with an expected 450+ exhibitors in 115,000 square feet of displays.
Products on display will include state-of-the-art security equipment
and services, with technologies running the gamut from the newest in
access control and security hardware to integrated systems and home
automation. Three pavilions will be featured: CCTV, Security Hardware,
and Home Systems. ALYA will be meeting with Codas and other potential
distributors and strategic partners at this show.
The company's Annual General Meeting of shareholders will be held at
its wholly owned subsidiary's Canadian office at: Alya Systems Inc.,
111 - 17 Fawcett Road Coquitlam, British Columbia Canada, V3K 6V2., a
suburb of Vancouver, on March 20, 1998 at 3:00 P.M.
This location is ALYA's Research and Development facility and is
approximately 6,100 square feet split between two floors. The top
floor has two areas including eight work stations for software and
hardware engineers, an office with two work stations for lead
engineers, a conference room used to test and demonstrate the security
system, a training center and a bathroom area. The first floor has an
entrance/reception area and two areas that each contain four work
stations. The first area is used by engineers and the second area
supports administration and technical support. There is also an office
that has one work station and a warehouse area for assembly, prototype
development and testing.
ALYA International, Inc., the parent and public company, was
incorporated on September 23, 1996 for the purposes of implementing
the marketing and operational plan of the company on an international
basis. The office located at 348-2465 E. Bayshore Road., Palo Alto,
California, 94303 was chosen for its proximity to our strategic
partner Motorola Indala Division and others, as well as the fact that
the facility could accommodate ALYA's expansion rate in developing
marketing, management and corporate finance. This office location is
the Embarcadero Corporate Center, where Executive Suites are available
for sublease, reception and secretarial services. The office package
can be upgraded to include a furnished executive office suite as
required. The company is maintaining fiscal responsibility and will
not expand this office facility until necessary.
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:
Investor Relations
Toll-free: 888/595-6444
E-MAIL: stock@alya.com
WebSite: www.alya.com |
