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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Rich Dee who wrote (2425)9/17/1997 9:40:00 AM
From: JDN   of 10786
 
Dear Rich: For those of you who dont wish to click on the URL here is the news on Reynolds contract:

R.J. Reynolds Tobacco Co. Awards Alydaar Year 2000
Contract
CHARLOTTE, N.C., Sept. 17 /PRNewswire/ -- R.J. Reynolds Tobacco Co. has awarded
Alydaar Software Corporation (OTC-Bulletin Board: ALYD) a ``Year 2000'' contract. The
contract calls for Alydaar to remediate RJR programs written in the NATURAL software
language.
The Year 2000 problem arises from computer programs written in the 1970s and 1980s that
read only the last two digits in a year. The 00 reading for 2000 would cause an error in some
programs or could be interpreted as 1900. The world-wide cost to repair the Year 2000
problem is estimated to be in excess of $600 billion.
Robert Gruder, Alydaar's CEO, stated, ``I am pleased RJR has selected Alydaar to be part of its
Year 2000 effort. Alydaar's SmartCode(R) technology provides the language and platform
independence necessary to be an asset to an organization's Year 2000 conversion project.''
Mike Cassidy, RJR's Year 2000 project director, stated, ``Alydaar provides the necessary
technology and track record to assist RJR with its remediation effort for its NATURAL code.''
Alydaar Software Corporation is a software reengineering company, specializing in providing
services to resolve the Year 2000 problem, as well as computer language translation and systems
migration services. Using SmartCode, their core reengineering technology, Alydaar can
automatically correct millions of lines of code per month at their Charlotte, N.C. code
remediation factory. Alydaar has offices throughout North America and Europe.
SOURCE Alydaar Software Corporation

More news for referenced ticker symbols: ALYD, and related industries: computer, tobacco.

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