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Technology Stocks : New Dimension Software (DDDDF)

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To: Elliot Lepler who wrote (20)5/6/1997 12:24:00 PM
From: Annie   of 209
 
TEL AVIV, Israel, May 6 /PRNewswire/ -- New Dimension Software, Ltd.
(Nasdaq: DDDDF) today announced that the Company has renewed its existing
distribution agreement with Boole & Babbage Europe, a wholly owned subsidiary
of Boole & Babbage, Inc. (Nasdaq: BOOL). The agreement, previously due to
expire on December 31, 1997, has been extended through December 31, 1998.
"We are pleased to continue our more than 10-year-old relationship with
New Dimension Software and look forward to working together toward our mutual
success," said Han Bruggeling, president of Boole & Babbage Europe and
executive vice president of the company's international operations.
Under the extended agreement, Boole & Babbage Europe will remain as the
exclusive distributor throughout Europe for New Dimension Software's industry
leading enterprise production and output management products. Boole & Babbage
Europe will also continue to resell CONTROL-SA, EagleEye Control Software's
security management product line.
"It is with enthusiasm that we renew our distribution agreement with Boole
& Babbage Europe," said Dan Barnea, CEO of New Dimension Software, Ltd.
"Europe is a strategic market for the Company and we value our long-standing
partnership with Boole & Babbage Europe."
For More Information
For more information on New Dimension Software products within North
America, contact the sales department at 800-347-4694, ext. 522. In Europe,
contact Boole & Babbage Europe directly at 49-2102-400-500. All other
inquiries can be directed to the Company's headquarters in Tel Aviv at
972-3-645-1111 or to the New Dimension Software home page, at www.ndsoft.com.
Boole & Babbage, Inc.
Boole & Babbage is the worldwide leader in availability, performance and
storage management solutions for distributed systems. Its Enterprise
Automation solution set manages application availability from end-to-end,
maximizing uptime and reducing operational costs for even the most complex IT
enterprises. Through advanced interoperability with leading frameworks and a
flexible architecture easily scaled to customer requirements, Boole & Babbage
products provide a comprehensive systems management and automation solution
for all applications, networks and computers -- from the mainframe to the
desktop. For more information, access the World Wide Web at www.boole.com.
New Dimension Software
New Dimension Software is a premier developer of systems management
software for complex distributed systems. With the Company's tightly
integrated family of products, all aspects of the production flow are
effectively managed -- from the automation of applications and systems to the
generation and distribution of production output. By managing the flow of
information between applications, systems, end users and administrators, New
Dimension Software products allow organizations to achieve their business
goals. The Company is based in Tel Aviv, with its North American subsidiary's
headquarters in Irvine, Calif. and regional offices throughout the United
States, Canada and Australia. Founded in 1983, the Company's products are
currently licensed to over 1700 customers in more than 40 countries.
Certain statements made herein that are not historical, using the terms
"estimate," "intend," "expect," "believe," and similar expressions, are
forward looking statements within the meaning of the Private Securities Reform
Act of 1995. Such forward-looking statements involve known and unknown risks
and uncertainties that may cause the actual results, performance and
achievements of the Companies to differ materially from those implied by such
forward-looking statements, including changes in business conditions and
growth trends affecting the Companies' products and markets; timing of
development, announcement and introduction of new products by the Companies
and their competitors and the market demand for such products; continuing
availability of key components and technologies; changes in consumer and
business purchasing patterns, and other factors listed from time to time in
reports filed by the Companies with the Securities and Exchange Commission.
New Dimension Software recognizes all other companies' trademarks.
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