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Technology Stocks : OptiSystems Solutions (OPTL) -- Ignore unavailable to you. Want to Upgrade?


To: TLWatson59 who wrote (149)6/16/1999 11:52:00 AM
From: TLWatson59  Read Replies (1) | Respond to of 161
 
Maybe the second time around will proof to be a charm. If nothing else it will enable them to beat Q1 sales:

Wednesday June 16, 9:58 am Eastern Time

Company Press Release

OptiSystems Solutions Ltd. Acceptance of $1.2 Million Energizer PME for R/3 Order Completed

NAPLES, Fla.--(BUSINESS WIRE)--June 16, 1999--OptiSystems Solutions Ltd. (NASDAQ: OPTL - news and OPTLW - news), a global leader in enterprise application performance management software, today announced the acceptance by Lucent Technologies (NYSE:LU - news) of the $1.2 million order for license of OptiSystems' OptiTrak and OptiWatch, Energizer PME for R/3 components. Lucent is one of the largest SAP R/3 users in the world and has selected OptiSystems PME products for managing their systems worldwide. The order, previously announced on April 6, 1999, was subject to acceptance by Lucent.

Gerry Frankel, OptiSystems CEO, commented, ''The acceptance of OptiSystems' real-time enterprise application management software by such an important client gives us confidence in our research and development efforts to provide integrated real-time R/3 solutions for the multi-billion dollar market of Enterprise Resource Planning (ERP)''.

About Energizer PME for R/3:

Energizer PME (Performance Management Environment) for R/3 is a complete performance management solution for SAP AG's (NYSE:SAP - news) R/3 ERP application. It is designed to shorten the implementation time and improve the performance of R/3 systems. Energizer PME for R/3 enables organizations of all sizes to immediately realize the full potential of R/3 by dynamically managing and enhancing the application's performance in real time. By identifying, analyzing and resolving problems as they happen, Energizer improves user response time, increases transaction throughput and enhances overall system availability and reliability.

OptiSystems Solutions Ltd. is a global leader in enterprise application performance management software. OptiSystems' mission is to help manage the complex computing requirements of SAP R/3 enterprises and IBM CICS environments. All of OptiSystems' solutions are Y2K- compliant and provide true, real time management and problem resolution. For more information about OptiSystems, visit the company's website, www.optisystems.com or call 1-800-447-3336.