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Microcap & Penny Stocks : alya NASDAQ/OTC

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To: Bill Jackson who wrote (2)12/17/1997 1:55:00 PM
From: Steve Stakiw  Read Replies (1) of 31
 
ALYA International Inc press release summary

ALYA International, Inc. (NASDAQ/OTC Symbol: ALYA) is a leader in
software design using Microsoft's (R) Windows NT (R), Echelon's (R)
LonWorks (R) technology and Local/Wide area networks communication
protocols. ALYA's first product, OPENcortex (TM) is a development
platform based on these de facto standards directed to companies
implementing applications for end users such as building management
systems and process control applications. ALYA has utilized this
platform in the design of its second product OPENcentrix (TM), an
application for Security Systems and Building Access. LonWorks (R)
technology is a de facto standard in the building automation and
process control industries providing a new standard for open
architecture and interoperable control systems. LonWorks(R) is
endorsed by the LonMark (R) Association, supported by Motorola (R),
Honeywell Inc. (R), Johnson Controls, Inc. (R), Olivetti (R), BTE (R)
and Toshiba Corporation (R). ALYA is one of the first companies to
develop "plug and play" open architecture (ALYA'OPEN (TM) "Open
Platform for Essential Networks") hardware and software for the
security and control industries.

News Release Summary

ALYA International Signs Distributor Contract with M&E Sales, Inc.

December 4, 1997
ALYA has signed a distributor contract with M&E Sales, Inc. a systems
integrator. M&E will be licensed to market, sell and distribute ALYA's
OPENcentrix security system. M&E is the largest US East Coast
Integrator of LonWorks Echelon networks and is licensed and qualified
to provide full service systems. M&E has been providing the business
community with commercial mechanical building systems since 1832
including design, sales, installation, monitoring and maintenance.

In announcing the distributor agreement, ALYA's Vice President of
Marketing, Mr. Patrick Rowley commented: "ALYA is excited at the
prospect of being represented by a well respected and long established
firm such as M&E. It is apparent to both parties that the Echelon
network technology will play a dominant role in the building systems
industry. This relationship will enable both firms to take significant
steps toward providing clients with truly interoperable plug & play
automated buildings".

OPENcentrix Contract Signed With ICBC
November 6, 1997
ALYA announced today the signed sales contract for the installation of
an O.P.E.N.centrix Security Management System in the head office and
parking facility of The Insurance Corporation of British Columbia
(ICBC). ICBC is a province wide Automobile Insurance Utility for
British Columbia, Canada. The head office facility supports 2,000 plus
employees and a secure underground parking facility. The organization
has approximately 4,000 employees and more than 90 satellite offices
throughout the province.

Additionally, ICBC has contracted for an O.P.E.N.centrix Security
Management System at their telephone claim department, one of 90 Claim
Center's province wide. ALYA's O.P.E.N.centrix Security Management
System will provide ICBC with "state of the art" centralized alarm
monitoring and access control over their wide area network. Patrick
Rowley, VP Sales & Marketing indicated, " ALYA's management team was
very pleased to have won this competitive bid against a large number
of established North American industry vendors. We believe this win
further confirms the technological advancement of O.P.E.N.centrix
along with the depth of ALYA's security management experience".

The O.P.E.N.centrix security system runs on Windows NT(R) and
communicates on two levels 1) over ICBC's Local Area Network (LAN) and
Wide Area Network (WAN) for intercommunication between buildings, and
2) over the LonWorks (LON) network to communicate to the end devices.
The end devices for alarm monitoring can include devices such as
proximity detectors, infra red beams, glass break points, etc., and in
access control some such devices are proximity detectors, finger print
or retina scan, voice annunciation, etc. The newly developed system
does not rely on a central host computer, instead uses intelligent
nodes in the network to communicate peer-to-peer for a distributed
architecture. The system is feature rich in the security applications
and provides the end user with an advanced system that operates in the
smart building environment.

Beta Installation Completed With Squirrel Systems* of Canada
October 22, 1997
ALYA has completed a beta installation of the newly developed ALYA
OPENcentrix* access control system at the Squirrel* Canada operations
in Vancouver, BC. Squirrel* Canada, Ltd. is a subsidiary of Sulcus
Hospitality Technologies, Corp.

Jonah Singh, Director of Manufacturing for Squirrel* Canada reports:
"We would like to thank you for a job well done. The ALYA
(OPENcentrix*) system secures all our perimeter doors and is used
continuously by all of our employees. An admirable feat based on our
experience with other systems."

Patrick Rowley Appointed Vice President of Sales and Marketing
Price Waterhouse Appointed Auditor
October 16, 1997
The Company announced today that Patrick Rowley has been appointed
Vice President, Sales and Marketing effective immediately. Mr. Rowley
has formerly served in senior executive and marketing capacities with
Cardkey Systems*, ADT Security*, Cerberus Pyrotronics* and Chubb*. He
will work in close cooperation with ALYA's wholly owned subsidiary,
ALYA Systems Inc. and will be located at their corporate offices in
Vancouver, British Columbia, Canada.

In announcing the appointment, ALYA's President and CEO Dirk
Schillebeeckx commented "Mr. Rowley's extensive background in
industrial security and process control industries brings important
industry credibility to ALYA. Mr. Rowley will accelerate market
penetration of our newly introduced products, OPENcentrix and
OPENcortex to North American and European distributors and resellers
in the building automation and process control industries."

Price Waterhouse* has been appointed as ALYA's corporate auditors.

ALYA Raises $1,300,000 Cdn. Without Shareholder Dilution
October 9, 1997
The Company announced today the receipt of $1,300,000 Cdn. as partial
payment for a technology sale of OPENcentrix* software for the United
States. In addition, ALYA receives an interest-bearing note for
approximately $12,300,000 Cdn. to be paid over ten years. The
$1,300,000 in revenue will be recognized in ALYA's financials for the
fiscal year end September 30, 1997.

As part of the transaction, ALYA entered into a management agreement
covering the software technology. Under this agreement, ALYA will
continue to retain the exclusive United States territory marketing
rights to the software products of OPENcentrix * technology. ALYA will
retain ownership of the hardware technology and worldwide ownership of
the OPENcentrix* technology for Canadian and International markets.
"This transaction has given ALYA the cash we need to expand our
OPENcentrix* marketing campaign," says Dirk J. Schillebeeckx, ALYA's
CEO. "This campaign will accelerate our entry into the distributor and
reseller markets. We are pleased to have raised money for marketing
without bringing dilution to the shareholders."
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