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Technology Stocks : Zitel-ZITL What's Happening

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To: Nagaraju R. Arakotaram who wrote ()1/27/2000 8:18:00 AM
From: Steven M. Kaplan  Read Replies (1) of 18263
 
Unisys Corporation and Zitel's Datametrics Systems Unit Sign Enterprise E-Business Software Agreement

Unisys to Offer ViewPoint(R) Performance Management Software Worldwide, Use

ViewPoint to Optimize its own E-Business Infrastructure

FAIRFAX, Va., Jan. 27 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) and Datametrics(R) Systems Corporation, a subsidiary of Zitel Corporation (Nasdaq: ZITL), today announced the signing of a Worldwide Resale Agreement and Enterprise Software License. The agreement calls for Unisys to resell Datametrics Systems ViewPoint(R) Performance Management software products to its customers worldwide. The products will be sold directly and through Unisys channels and will be packaged with Unisys e-@ction Solutions. Unisys has also licensed ViewPoint software for performance management of its own worldwide e-business infrastructure.

ViewPoint software is the market leader in e-business Performance Management, enabling proactive management of multi-tier enterprise application systems. The software aggregates data from heterogeneous environments, across platforms, operating systems, databases and applications, and analyzes the disparate information as a single integrated entity. ViewPoint's powerful correlation capabilities enable businesses to proactively identify and manage key indicators that signal potential e-business service level and performance problems. Using ViewPoint tools, managers can optimize overall e-business performance while pre-empting any potentially negative impact.

Kevin McHugh, who heads the Unisys ClearPath business initiative, stated, "Datametrics Systems offers the performance and planning tools our customers need for advanced electronic business applications. Many of our customers already use Datametrics Systems products. This agreement enables us to integrate Datametrics Systems ViewPoint products with our Unisys e-@ction Solutions to our customers and partners."

Henry C. Harris, President of Datametrics Systems, added, "We are delighted that Unisys, with its proven experience in building and managing advanced electronic business applications, has chosen to use ViewPoint products to ensure the highest service levels for its customers. The agreement demonstrates ViewPoint's superiority in managing e-business performance for enterprise customers. It marks an important step in our strategy to form key e-business partnerships, expanding both channels and demand for our products."

The agreement provides for training of Unisys personnel and for the worldwide sale and support of the Datametrics Systems products on the entire range of Unisys e-@ction Enterprise Servers, including Intel-based servers running Microsoft Windows 2000 or UnixWare and mainframe-class Unisys e-@ction ClearPath Enterprise Servers. The companies will link sales and support activity via the Internet. The agreement is for three years and Zitel's Datametrics Systems business unit estimates that revenue from the contract will begin to be recognized during its third fiscal quarter.

About Unisys Corporation

Unisys is an electronic business solutions company whose 36,000 employees help customers in 100 countries apply information technology to seize opportunities and overcome challenges of the Internet economy. Unisys people integrate and deliver the solutions, services, platforms and network infrastructure required by business and government to transform their organizations for success in this new era. The company offers a rich portfolio of Unisys e-@ction Solutions for electronic business based on its expertise in "repeatable" vertical industry solutions, network services, outsourcing, systems integration and multi-vendor support, coupled with enterprise-class server and related technologies. The primary vertical markets Unisys serves worldwide include financial services, transportation, communications, publishing and commercial sectors, as well as the public sector, including federal government customers. Unisys is headquartered in Blue Bell, Pennsylvania, in the Greater Philadelphia area. For more information on the company, access the Unisys home page on the World Wide Web at www.unisys.com. Investor information can be found at www.unisys.com/investor.

About Datametrics Systems

Datametrics Systems' ViewPoint(R) software proactively analyzes, correlates, and reports the performance of system, database, storage array, Internet, Intranet, Extranet, Web, transaction and e-mail servers -- in real time, from one console. Datametrics products provide trend analysis, simulation modeling, and "what if" analysis of business workloads -- anticipating problems before they occur. The company's VisualRoute(TM) and VisualPulse(TM) tools automatically analyze Internet service level, connectivity and performance problems. Datametrics Systems, a wholly owned subsidiary of the Zitel Corporation, has been delivering performance solutions to customers in over 25 countries since 1980. Visit The E-Business Performance Experts(TM) at www.datametrics.com or www.itperforms.com. More information on the Zitel Corporation is available at www.zitel.com.

NOTE: Unisys is a registered trademark and e-@ction is a trademark of Unisys Corporation. Datametrics and ViewPoint are registered trademarks of DSC. VisualRoute, VisualPulse and The E-Business Performance Experts are trademarks of DSC. All other product names and brand names are trademarks or registered trademarks of their respective holders.

This press release may contain projections and other forward-looking statements regarding future events or the future financial performance. Such statements are only predictions and actual events or results may differ materially. Refer to the documents Unisys Corporation and Zitel Corporation file from time to time with the Securities and Exchange Commission. These documents contain and identify important factors that could cause the actual results to differ materially from those contained in the projections or forward-looking statements in this press release.

SOURCE Zitel Corp.

CO: Zitel Corp.; Datametrics Systems Corporation; Unisys Corporation

ST: Virginia, California, Pennsylvania

IN: CPR MLM FIN

SU: LIC

01/27/2000 08:02 EST prnewswire.com
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