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Technology Stocks : Roaring Internet Stocks
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Stroke who wrote (1494)4/26/1999 10:06:00 AM
From: Chris Forte   of 1530
 
Here's part of the release today from ABYT, the best internet play for the optometry industry...

..."Since the beginning of the year," Stephens said, "we have been
certified by Vision Service Plan (VSP), the nation's largest eyecare
medical plan, and we have signed an agreement with MedInformatix, Inc.
to market Alpha Bytes' H-NET(R) transaction and software services to
MedInformatix's existing and potential customer base in the North
American ophthalmology market. By this summer we will offer full two
way communications from our existing POS and LAB vision care software
clients providing these clients with automatic patient coverage, claim
filing and ordering from client labs through H-NET(R). In addition, the
preliminary analysis and design for the next phase are already
complete."

Stephens said, "We are very encouraged by the progress we are making.
We have several ground breaking developments pending that we hope to
announce shortly."

Alpha Bytes, Inc. is transforming itself into an Internet based
electronic transaction service provider. With a streamlined network
and an existing international customer base, Alpha Bytes is making
significant R&D investments to facilitate a rapid deployment of
H-NET(R) to as many users as quickly as possible. The relationship
with the alliance partners Microsoft Corporation (Nasdaq: MSFT) and
Compaq Computer Corp. (NYSE: CPQ) is designed to assure the company of
the most powerful solution for an Internet based transaction network
that will set the standard of excellence in the healthcare industry.

There were an estimated 475 million transactions between various
participants in the vision care industry in 1997, a significant number
of them handled manually. The transactions included such activities as
checking for insurance eligibility, claim submissions, frame ordering,
lens ordering, lab order/frame trace submissions, billing for lab
services and credit/debit card transactions. H-NET(R) is designed to
integrate all of these functions into an automated seamless network.

For more information about Alpha Bytes, Inc. please visit our website
alphabytesusa.com or contact Christine Stephens at (905)
475-3249. Email info@h-net.net. For copies of press releases, SEC
filings, current price quotes, stock charts and other valuable
information visit Hawk Associates website hawkassociates.com
or contact Frank Hawkins or Julie Marshall, Hawk Associates, Inc. at
305-852-2383. Email: info@hawkassociates.com.

"Safe Harbor" statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding the
expansion of the Company's operations are forward-looking statements.
Words such as "expects", "intends", "believes", "anticipates", and
"likely" also identify forward-looking statements. Actual results may
differ from such forward-looking statements as a result of a number of
factors, including but not limited to, continued acceptance of the
Company's products, increased levels of competition for the Company,
new products and technological changes, the Company's dependence upon
third-party suppliers, intellectual property rights and other risks
detailed in periodic reports filed by the Company with the Securities
and Exchange Commission.
SOURCE Alpha Bytes, Inc.

-0- 04/26/99 /CONTACT: Christine Stephens
of Alpha Bytes, Inc., 905-475-3249, or info@h-net.net; or Frank Hawkins
or Julie Marshall, both of Hawk Associates, Inc., 305-852-2383 or
info@hawkassociates.com/

/Web site: alphabytesusa.com (ABYT)
CO: Alpha Bytes, Inc. ST: New York IN: HEA MLM SU:

*** end of story ***
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