CrossKeys Systems Corp [CKEY and CKY/TSE] Message Board

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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE]

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To: bbgold who wrote (781)	1/30/2001 8:52:28 AM
From: Francois Lavoie	of 792

This one puzzles me. This would still be consistent with a sale. Cheers, Francois Monday January 29, 11:14 pm Eastern Time Press Release CrossKeys Sells CrossControl Product Line To Alcatel OTTAWA--(BUSINESS WIRE)--Jan. 29, 2001--CrossKeys (NASDAQ: CKEY - news; TSE: CKY. - news) CrossControl Software Provides Integration Capabilities to Alcatel; CrossKeys Focuses On Multi-channel Software CrossKeys (Nasdaq: CKEY - news; TSE: CKY - news) announced today that it is selling its CrossKeys CrossControl(TM) product line and associated assets to Alcatel Canada Inc. CrossKeys CrossControl software enables service providers operating an Alcatel-based network to manage hardware from multiple vendors and its installed base is composed of existing Alcatel customers. Alcatel will support these CrossKeys CrossControl customers. CrossKeys and Alcatel have worked together to ensure customers continue to receive the high level of service and support they expect. The sale is consistent with CrossKeys stated strategic direction of focusing on products for multiple technologies and available for sale through multiple channels to market. Proceeds of the deal will be used to fund ongoing working capital needs. About CrossKeys Systems Corporation CrossKeys Systems Corporation (www.crosskeys.com) develops software that makes the Internet work for business. The world's largest and fastest growing service providers manage the equipment, traffic, and service on their telecom networks with CrossKeys. CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ (CKEY) in the United States and on The Toronto Stock Exchange (CKY) in Canada. CrossKeys, its logo and Resolve are registered trademarks of CrossKeys Systems Corporation. CrossControl is a trademark of CrossKeys. All other trademarks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation.

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