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Technology Stocks : New Dimension Software (DDDDF)

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To: Tipster who wrote ()1/8/1998 6:30:00 PM
From: Annie  Read Replies (1) of 209
 
New Dimension Software Awarded $3.4 Million Contract by Major Australian Outsourcing Company

Nine-Year Licensing Agreement Calls for New Dimension Software to Provide

Enterprise Production Management Solutions

IRVINE, Calif., Jan. 8 /PRNewswire/ -- New Dimension Software (Nasdaq: DDDDF) recently signed a contract valued at $3.4 million (U.S. dollars) with a major outsourcing company based in Melbourne, Australia. In accordance with the nine-year licensing agreement, New Dimension Software will provide a suite of Enterprise Production Management(TM) solutions for the company's data centers throughout Australia.

The Australian company selected New Dimension Software's products over competing solutions based on the strength of its Integrated Operations Architecture (IOA(R)). The underlying architecture allows the products to work together, making the solutions highly scalable and interoperable. New Dimension Software provides the extensive platform support and the integration between various systems management technologies required by the company in Australia. The contract calls for New Dimension Software to implement and support the following products across the enterprise:

* CONTROL-M(R) for enterprise-wide production control and scheduling

* CONTROL-R(R) for automated job restart

* CONTROL-O(R) for automated MVS event management

* The Enterprise Controlstation(TM) for enterprise-wide automation

* CONTROL-T(R) for removable media management

* CONTROL-B(R) for automated information integrity

* CONTROL-D(R) for report distribution

* CONTROL-V(R) for archive viewing

A portion of the revenue from this contract is expected to be recognized during the fourth quarter 1997.

"New Dimension Software is pleased to be able to provide organizations with robust systems management solutions that will enable them to leverage their IT investment to make business critical decisions," said Itai Ben-Dor, marketing vice president and division manager for enterprise production management in Tel Aviv, Israel. "We look forward to nurturing this long-term relationship."

"Long-term commitments in the past have often provided the catalysts for the development of more robust technologies such as IOA 5.0.0. New Dimension Software has always considered each customer as a long-term partner and will continue to do so," Ben-Dor added. "The nine-year commitment also reflects the customer's confidence in the strength of our technology."

For More Information

For more information on New Dimension Software products, contact the sales department at (800) 347-4694, ext. 522. For sales inquiries outside of North America, contact the Company's headquarters in Tel Aviv at 972-3-645-1111. Inquiries can also be directed to the Company's home page at ndsoft.com.
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