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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: ProphetAble who wrote (388)6/18/1997 8:38:00 AM
From: Rich Dee   of 10786
 
Wednesday June 18 7:59 AM EDT

Company Press Release

Source: Alydaar Software Corporation

Alydaar Software Corporation Announces Multi-Million Line Y2K Contract With Aer Lingus

CHARLOTTE, N.C., June 18 /PRNewswire/ -- Alydaar Software Corporation (OTC:BULLETIN - news), through its wholly owned subsidiary, Alydaar International Plc, has been awarded a multi-million line code remediation contract from Aer Lingus, Ireland's government-owned airline headquartered in Dublin. Based upon the successful completion of a pilot project, Alydaar has been awarded a contract to fix the lines of computer code to be century compliant in over 30 of Aer Lingus' MVS mainframe applications, including the Solar Airline Revenue Accounting System.

Chairman, CEO and President of Alydaar Software Corporation, Robert F. Gruder commented: ``We are delighted to be working with Aer Lingus on this project. Their strategic approach in understanding and resolving the challenges of the problem will mean minimum impact on their future business operation. The plans that they have now put in place to ensure their Y2K compliance within comfortable time scales is commendable and should be recognized and adopted by equally forward thinking organizations.''

Naill Walsh, Aer Lingus Services Director, commented, ``We are pleased to sign with Alydaar because their automated remediation process ensures quick turn-around of code and strict adherence to conversion standards. Going with Alydaar will reduce the impact of the Year 2000 problem on our IT resources and enable Aer Lingus to achieve timely Year 2000 compliance.''

Alydaar Software Corporation is a software reengineering company, specializing in providing services to resolve the Year 2000 problem, as well as computer language translation and systems migration services. Using SmartCode(TM), their core reengineering technology, Alydaar can automatically correct millions of lines of code per month at their Charlotte, NC code remediation factory, saving time and money. Alydaar International Plc, headquartered in London (Twickenham), UK, is the international operations headquarters of Alydaar Software Corporation. Alydaar International Plc has offices throughout Europe as well as Asia and South Africa.

SOURCE: Alydaar Software Corporation

Contact: Thomas J. Dudchik, Alydaar Software Corporation, 704-365-2324 ext. 2049 or alydaar.com, or Geoffrey Finlay of Alydaar International Plc, 011-44-181-628-2000 or alydaar.int.com
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