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Microcap & Penny Stocks : PREMIS SOFTWARE (PMIS)-Hi Growth, Hi Profits, Lo Multiple

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To: GARY P GROBBEL who wrote (87)10/19/1998 3:53:00 PM
From: GARY P GROBBEL  Read Replies (1) of 110
 
Siemens Nixdorf Information Systems, Inc. Selects
PREMIS OpenEnterprise as Solution Partner for the General
Merchandise Marketplace

Software, Hardware Leaders Join for Value-Added Store Solution; Partnership to Speed Installs
and Improve ROI for Enterprise Software Investments

MINNEAPOLIS, Oct. 19 /PRNewswire/ -- PREMIS Corporation (OTC Bulletin Board: PMIS - news) announced today
that it has signed an agreement with Siemens Nixdorf Information Systems, the global multidisciplinary hardware and services
organization, under which PREMIS OpenEnterprise will become Siemens Nixdorf's solution partner for the general
merchandise marketplace.

The Siemens Nixdorf Retail Systems Division will work closely with PREMIS' general merchandise clients in the
implementation of the PREMIS OpenEnterprise suite of applications for point-of-service, on-line communications and
merchandise management, PREMIS said. The arrangement will add value and optimize return-on-investment for companies
choosing the PREMIS OpenEnterprise and Siemens Nixdorf integrated solutions.

Karl Drexler, director of retail software for Siemens Nixdorf, said, ''We are extremely excited about the opportunity of selling
PREMIS' state-of-the-art software solutions to our general merchandise clients. Siemens Nixdorf's in-depth service
organization and comprehensive point-of-service hardware solutions matched with PREMIS' enterprise retail POS and
Merchandise Management packaged software will allow retailers to outpace the competition and improve business
performance while maintaining maximum flexibility to integrate new technologies.''

At the same time, PREMIS believes that this new relationship with Siemens Nixdorf will significantly increase PREMIS
OpenEnterprise's market visibility. ''Our partnership with Siemens Nixdorf will provide immediate benefits including increased
sales and marketing resources and full-service implementation services provided by a recognized world-wide leader in the retail
market place,'' said Fritz Biermeier, president and CEO of PREMIS. ''Siemens Nixdorf and PREMIS share the same goals --
helping our customers stay competitive by giving them the necessary information and tools to make informed business
decisions. By joining forces we can do that more effectively, and help our customers reach their goals for enhanced productivity
and profitability while increasing our market penetration.''

About Siemens Nixdorf

Siemens Nixdorf Information Systems Inc. develops, integrates and services world-class open systems and user centered
solutions that provide competitive advantages for customers and partners in the Americas. Offerings include a full line of
scalable UNIX and Windows NT-based systems and software, a broad range of information technology services, as well as
retail point of sale systems and data center outsourcing. Siemens Nixdorf Information Systems is the U.S. subsidiary of
German-based Siemens Nixdorf Informationsysteme AG. With operations in over 60 countries worldwide, $9.5 billion in
revenues and approximately 36,000 employees, it is the largest European information technology firm and ranks among the
world's leading suppliers. Siemens Nixdorf is the largest subsidiary company of Siemens AG, the world's foremost provider of
advanced technology in the electronics and electrical engineering industry. In the latest fiscal year, Siemens had approximately
$65 billion in combined revenues and 386,000 employees in more than 190 countries. Visit Siemens Nixdorf on the World
Wide Web at siemensnixdorf.com

About PREMIS Corporation

PREMIS Corporation, based in Minneapolis, markets and supports a line of enterprise-wide retail automation solutions to
meet the information needs of multi-store specialty and general merchandise retailing chains. PREMIS retail applications include
PREMIS OpenEnterprise, which has three primary components: PREMIS OpenStore, a comprehensive in-store point-of-sale
and back office system; PREMIS OpenNet, a unified family of communications and PREMIS networking products to expand
headquarters operations out to the stores, and PREMIS OpenOffice, an integrated head office retail management system. For
more company information, refer to the PREMIS web site at premis.com

For more information, contact Tom Langenfeld of Swenson NHB Investor Relations for PREMIS Corporation,
612-371-0000; Investor Contact: Richard Peterson, CFO of PREMIS Corporation, 612-550-1999, ext. 205,
rpeterson@premis.com; Media Contact: Jeffrey Imm, COO of PREMIS Corporation, 612-550-1999, ext. 210,
jimm@premis.com; SNI Contact: Karen O'Brien, Marketing Dept. of Siemens Nixdorf, 408-428-7169.

SOURCE: PREMIS Corporation
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