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Technology Stocks : Amdocs (DOX)

DOX 84.43

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To: DYW who wrote (15)	4/8/1999 9:14:00 AM
From: KEN G	of 55

TORONTO -- Architel Systems Corp. (ASYCF) said it will cease providing professional services to ICG Communications Inc. (ISGX) as a result of the restructuring of their relationship with respect to ICG's license of Architel's software products. In a news release, Architel said it has terminated its agreement with its subcontractor as a result of the restructuring. The company said that, under the new arrangement, ICG has retained its license of Architel's ASAP product, but not the licenses of the Objectel and OMS products. The company said ICG has engaged outside consultants to help it re-evaluate its provisioning requirements for operations support systems, noting that Architel will be considered in this process. Architel said it had originally expected to earn about US$20 million in revenues from license fees and services through the 12 months ending Sept. 30, 1999, from its arrangement with ICG. As a result of the restructured arrangement, Architel said it will have earned about US$10 million in revenue from this account through March 30, but will earn no additional revenue.

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