ProfSam and others:
Here is one of two news releases about Dega this week. The first (7/7/99) is a response from Dega on the latest Spectre news article. The second from July 8th is about new technology that sounds very good for Dega. I think the stock is going to start gaining strength very soon. Her are the articles:
DEGA NEWS : PRESS RELEASE 11
For Immediate Release
July 7, 1999
DEGA TECHNOLOGY CLARIFIES LAWSUIT ALLEGATION
San Luis Obispo, CA - July 7, 1999 - Dega Technology, Inc. (OTC BB:DEGA) today announced that it has seen the press release from Spectre Industries, Inc. (OTC BB: STND) dated July 2, 1999 referring to a lawsuit. At this time, no lawsuit has been received by Dega. If a lawsuit is received, it will be referred to counsel.
In addition, Dega.com has a claim against Spectre Industries, Inc. that exceeds the amount of any note that Dega has previously issued.
For More Information Contact:
Dawn M. Legg, Vice President Corporate Relations
805.546.0444, ext. 161
dawn@dega.com
DEGA NEWS : PRESS RELEASE 12
For Immediate Release
July 8, 1999
Dega Technology to Enhance PASSPORT Standards
Parts Catalogue Developer is Newest Enterprise Alliance Member
San Luis Obispo, CA - July 8, 1999 - Dega Technology, Inc. announced today that it has gained membership in the Enterprise Alliance, a growing group of partnered companies providing open computer-based standards, named PASSPORT, to the automotive service industry. PASSPORT standardizes links and communication between products and services used in automotive service facilities.
With its membership, Dega will lead the effort to add an even greater dimension to PASSPORT Standards. Dega will develop a Common Object Request Broker Architecture (CORBA) gateway to the PASSPORT Standard. The result will enable service providers using legacy platforms such as AS/400 and UNIX to efficiently integrate with the shop floor and with each other. CORBA is a standard middleware component, operating across heterogeneous operating systems and networks including the Internet. This development will allow many more service providers to implement shop networking and enterprise computing strategies as they team to streamline the automotive supply chain.
Dega recently announced the beta version release of its second generation Internet-based catalogue, DegaSource v2. DegaSource v1, released last year, contains OEM part information. DegaSource v2 is a far more sophisticated version, containing specialty and traditional aftermarket parts and accessories. DegaSource combines parts identification and searching with merchandising features like real-time pricing, up-to-date part numbers, parts promotion, advertising, and other productivity-based capabilities.
The new application integrates with back-office systems to provide real-time parts access from suppliers and offer business-to-business commerce throughout the supply chain. Shop personnel will be able to locate the appropriate part from preferred suppliers, get pricing and associated labor information, and prepare a customer estimate in minutes. Access to a knowledge base of technical service bulletins, repair and maintenance data and other relevant information is included.
The new application integrates with back-office systems to provide real-time parts access from suppliers and offer business-to-business commerce throughout the supply chain. Shop personnel will be able to locate the appropriate part from preferred suppliers, get pricing and associated labor information, and prepare a customer estimate in minutes. Access to a knowledge base of technical service bulletins, repair and maintenance data and other relevant information is included.
Speaking on behalf of the Enterprise Alliance, Ken Brookings of K2 Consulting Group noted, "Dega is at the forefront of applying leading-edge technologies to useful business solutions. As the capabilities of PASSPORT Standards continue to expand, we are delighted to welcome Dega as the newest team member."
For More Information Contact:
Dawn M. Legg, Vice President Corporate Relations
805.546.0444, ext. 161
dawn@dega.com
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