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Microcap & Penny Stocks : Veronex Technologies Inc. (VXTK)

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To: David A. Hite who wrote (519)2/17/1999 9:43:00 AM
From: TEDennis   of 684
 
Wednesday February 17, 9:00 am Eastern Time
Company Press Release
SOURCE: Veronex Technologies, Inc.
Veronex Completes I|Nova Installation at Advanced Water Technology, Inc.
IRVINE, Calif., Feb. 17 /PRNewswire/ -- The Board of Directors of Veronex Technologies, Inc. (''Veronex'') (OTC Bulletin Board: VXTK - news) today announced that Veronex has completed the installation of a complete new business application system at Advanced Water Technology, Inc.

Advanced Water Technology, Inc. (''AWT'') is an environmentally sensitive, state-of-the-art water treatment company headquartered in Newport Beach, California. AWT has created and markets a proprietary water treatment technology which reduces and/or eliminates the need for chlorine. AWT's primary product is EKO Water Treatment which was specifically formulated for the pool and spa market. AWT markets its products to residential customers, industry service personnel and commercial accounts via mail order, the internet and retail pool supply stores.

''AWT chose the I|Nova System because of the tremendous power and speed of this state-of-the-art technology. I|Nova provides reduced operating cost, flexibility, portability and it delivers a custom solution to meet the exact needs of AWT,'' stated Dan DePasquale, General Manager. ''What I really like most about the I|Nova System is that I designed the business system exactly the way I wanted it to operate and can change it without having to call a programmer.''

''This successful installation of a new business system for AWT, using I|Nova, demonstrates the rapid application development features of the I|Nova technology as an enterprise solution software tool,'' commented Thomas J. Price, Veronex president, ''I|Nova was the basis for an integrated business system that seamlessly interfaces with telephone sales representatives and the internet to provide information and management tools to effectively manage the business from sales orders to inventory to production and shipping. This installation once again demonstrates the enterprise solution capability of the I|Nova System.''

Veronex created the I|Nova System, a new technology for applications life-cycle, in essence, through a library of functional modules and a run-time system that enable software developers and maintenance staff to save time and improve quality through effective reuse of commonly-utilized functions. This unique technology is platform independent, self-documenting, and highly efficient.

About Veronex Technologies, Inc.

Veronex Technologies, Inc., (OTC Bulletin Board: VXTK - news) designs, develops, licenses and supports computer software products for complete enterprise wide management application development and implementation for competitive, innovative and flexible business solutions. The Company's I|Nova System is a fully integrated business application development, modernization and migration tool-set which has been ITAA*2000 Certified. The I|Nova System includes the proprietary DataCentric Analyzer, an automated application migration tool and Y2k solution tool. Veronex is awaiting patent approval for the DataCentric Analyzer. To learn more about Veronex, visit its web site at: veronex.com.

Safe Harbor Statement

This statement includes forward-looking information as that term is defined in the Private Security Litigation Reform Act of 1995, and therefore, is subject to certain risks and uncertainties. There can be no assurance that actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward looking statements as a result of various factors, including market conditions, competition, advances in technology, and other factors.

SOURCE: Veronex Technologies, Inc.

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