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

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To: Captain Jack who wrote (1888)8/14/1997 8:40:00 PM
From: Jeffrey S. Mitchell   of 10786
 
** Re: Summary of Today's BIG News Day **

[Note: All this actually was discussed today (gg)]

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I. Alydaar Opens 10 Sales Offices and Appoints New Key Personnel

PR Newswire - August 14, 1997 09:29

CHARLOTTE, N.C., Aug. 14 /PRNewswire/ -- Alydaar Software Corporation (OTC-Bulletin Board: ALYD) has opened 10 additional sales offices to offer Alydaar's Year 2000 and reengineering services. In addition to Alydaar's Charlotte, NC and Connecticut offices, Alydaar now has regional offices in: Denver, Dallas, Philadelphia, Washington D.C., Atlanta, Tampa, Orlando, Chicago, Minneapolis, and San Francisco.

Robert Gruder, Alydaar's CEO, stated, "The demand for Alydaar's services has increased tremendously over the past few months both directly and through our alliances. We are quite pleased by our infrastructure and delivery mechanisms of our Year 2000 services and our references are fueling great demand for our services."

Alydaar has also appointed four new key personnel hires. The individuals are: Tom Morris has been named Director of Development, reporting to Frank Milligan COO. Mr. Morris was previously a Senior Partner of PSI, Inc., a Charlotte based management consulting firm. Prior to that, Mr. Morris was Chief Information Officer (CIO) for the Charlotte Mecklenburg School System and Application Development Manager, Southeast Region, for IBM. Previous experience included project management assignments in the United States and Asia.

Jim Jordan has been named as Manager, Language Development reporting to Mr. Morris. Mr. Jordan has extensive experience in software development, and has spent the past year providing Year 2000 remediation consultation. During a 27 year career with IBM, Mr. Jordan was a Senior Programmer for Finance Industry products involved with applying emerging technologies to advanced customer requirements.

Ken Lanspery has been named Vice President of Human Resources reporting to CEO, Robert Gruder. Mr. Lanspery was previously with the Human Resources organization at IBM in Charlotte, NC. Mr. Lanspery brings extensive experience to Alydaar having worked in or managed a broad spectrum of human resource functions during his thirty years with IBM.

Joseph D. Dulaney, Jr. has been named Vice President, Corporate Counsel reporting to the CEO. Mr. Dulaney was previously Assistant General Counsel for HBO & Company and as Associate Counsel for First Data Corporation.

Alydaar Software 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. Alydaar has offices throughout North America and Europe.

SOURCE Alydaar Software Corporation
CONTACT: Thomas J. Dudchik, Alydaar Software Corporation, 704-365-2324 ext. 2049

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II. Comments on Press Release
...Projections on paper mean zippo without key personnel to implement them. That's where today's press release comes in. Notice the IBM connection. This is Frank Milligan's influence. He is cherry-picking top-notch people from his former employ at, yes, IBM. The person you should be most interested in is Ken Lanspery. He was in charge of 5000 programmers at IBM. He knows people, he knows the business and he has already proven it on a much larger scale.

ALYD has first-class technology, management, employees, contracts and alliances. How much more can anybody ask?

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III. ALYD to Appear at Cruttenden Roth Conference on September 4th in New York
crut.com

There are two tracks running concurrently: Tools and Services

1. Tools (Each presentation lasts 20 minutes)
Start time 9:30, in order of appearance: ACLY, PTUS, ISLI, CCD Online (private), MIFGY
Start time 1:20, in order of appearance: IAIC, CA, SPNSF, VIA, ALYD
Start time 3:40, in order of appearance: SEEC, PLAT, CRYSF, CSGI

2. Services (Each presentation lasts 20 minutes)
Start time 9:30, in order of appearance: UIS, AMH, ZITL, DSYS, TPRO
Start time 1:20, in order of appearance: CBR, CACI, MAST, IMRS, DDIM
Start time 3:40, in order of appearance: KEA, UCMP, STGI, AON Risk Svcs (AOC?)

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IV. ALYD Responds to Tech's Request for Factory Numbers
... CEO Bob Gruder, will, in the next week or so, post the numbers on the Alydaar web site.

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V. Everyone is Welcome on the Thread
... as long as nothing gets personal, we should welcome all people to post all things about all thoughts they have about ALYD-- positive, negative or indifferent.

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- Jeff
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