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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Jeffrey S. Mitchell who wrote (9065)1/20/1998 9:03:00 PM
From: tech  Read Replies (1) of 13949
 
Chase sells Alydaar Year 2000 joint-venture for œ10million

Link ukbusinessnet.com

>> Twickenham-based Chase Technology Group has sold its 50 percent share of Alydaar Software Europe, its Year 2000 joint venture company to its partner Alydaar Software Corporation Inc [ASC]. <<


>> Chase has received tradable stock in ASC which is in the process of moving from the "Bulletin Board" to a full NASDAQ listing <<

>> "We're not an investment company, we won't hold on to the stock indefinitely," said Chase MD Chris McAuley. "We'll realise the cash value to fund further growth as we need it and to make further acquisitions." <<


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ConSyGen, Inc. Announces Year 2000 Partner In Europe

Link: biz.yahoo.com

PHOENIX--(BUSINESS WIRE)--Dec. 22, 1997--ConSyGen Inc. (NASDAQ BB:CSGI - news) announced today that it has signed a Teaming Agreement with Chase Technology plc under which Chase Technology will utilize ConSyGen's fully-automated Year 2000 software conversion services for its clients throughout Europe. Chase Technology is based in London, England, and has offices and subsidiary companies in a number of European Locations.

Keith Shipton, Chief Executive Officer of Chase Technology, stated: ''We have conducted extensive analysis of both the market opportunities for year 2000 services and the most appropriate technologies to meet the demand, and have concluded that a fully-automated service such as the one provided by ConSyGen 2000 is an ideal solution for identifying and correcting our clients' Year 2000 problems. The ConSyGen 2000 toolset, in addition to the CADAS Date Adjustment Testing System (Chase Technology's Year 2000 date testing environment), provides for a very comprehensive solution to most Y2K problems.''

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