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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?

To: Rick D. who wrote (2473)	7/15/1999 12:54:00 PM
From: TLWatson59	Respond to of 2534

What is is about ALYA that for some reason does not impress me, despite the "good" news releases that come out? Under ordinary circumstances a filing such as this would be presumed to be very positive. Reading the PR Release, it's easy to pass over a key omission. Note from the release: "Revenues for the six months ended March 31,1999 were $386,795 as compared to $157,749 for the same period during 1998. Gross profit increased to $159,561 from $47,502 during the period. Loss for the six months was ($1,442,804) vs. ($904,940) or ($0.11) vs. ($0.09) per share. The weighted average number of common shares outstanding 13,443,010 vs. 10,622,463." What stands out to me are three significant figures. #1 Revenues were $386,795 for the six months ending March 31, 1999. #2 The loss for the six months ended March 31, 1999, was $1,442,804 and #3 the "weighted average number of shares listed is 13, 443, 010." I ask myself how that could be so. If the Audited Annual report shows the weighted number of outstanding shares on September 30, 1998 stood at 13,770,477 shares and there was a loss from operations of $1.4 plus million, resulting from investment in R & D, Sales Offices and G & A expense and only sales of $386,000 to offset those expenses where did the money come from to pay for those investments if not through the issuance of additional shares since September 30,1998. Why does this Company find it so difficult to be up front with the public and its shareholders? On September 30, 1998, they had just under $75,000 in cash and $72,000 in accounts receivable.Their gross profit according to today's release for six months ending March 31, was all of $159,561. They list expenditure totaling $1,601,052. We know they do not have line of credits at banking facilities to cover such a discrepancy the only common sense answer is that they sold a slew of stock to raise the capital. Why can't they tell us how many shares for how many dollars and at what price per share? If they concluded their Fiscal Year accounting period on September 30, 1998, why do they state in today's release that a portion of the increase in R & D expenses ocurred "near the end of the fiscal year ended September, 30, 1998." That portion of the expense had to have been charged off last year, unless they play fast and loose with accounting principles. It certainly would be an encouraging thing for shareholders if the prognostications about sales revenues for the second half of the year are borne out by Audited figures. If ALYA stays true to course in its reporting history however we may have to wait until next spring to find out. By then we probably will have some more hot news to enable those who picked up this $1.5 million or more in new stock to file their 144's and let the public in on a great bargain.

To: Rick D. who wrote (2473)	7/16/1999 11:57:00 AM
From: Rick D.	Read Replies (2) \| Respond to of 2534

ALYA International, Inc. NEWS RELEASE July 16, 1999 Echelon and Siebe Host ''Open Systems'99'' Twenty-Two Leading Manufacturers Co-Sponsor Seminar Series Featuring Open, Interoperable LonWorks Solutions Austin, TX – July 16, 1999 - ALYA International, Inc. ("ALYA" or the "Company")(OTC/BB: ALYAE) announced today that the Company will be a participant in a touring series of seminars and expositions involving 22 manufacturers and 39 cities in North America to highlight how LonWorks® systems are used in the building controls industry to lower life-cycle and operation costs and to build more valuable buildings. OpenSystems'99, targeted at building managers, consulting engineers, and architects, will show industry decision makers in the market how to specify, buy, and build open, multi-vendor building control systems using interoperable LonMark® products and how to use the Internet and the LNS™ network operating system to remotely monitor and maintain these systems. The first seminar will be held in Ontario, Calif. on August 3, 1999. "We are pleased with ALYA's worldwide participation in the move to open, interoperable LonWorks systems and their use of Echelon's LNS network operating system and LonMaker™ for Windows tool", said Ed Sterbenc, Echelon's Vice President, Americas. "ALYA's O.P.E.N.centrix advanced Security Management System supplies the critical information of who is in a facility, which allows control systems to adjust building comfort and energy consumption based upon occupancy", continued Sterbenc. The seminar series is hosted by Echelon Corporation (Nasdaq: ELON), the leading provider of LonWorks control network solutions worldwide and Siebe Environmental Controls, a leading provider of LonWorks solutions for building automation worldwide. In addition to Echelon and Siebe, Open Systems'99 is sponsored at the national level by industry leaders such as Control Systems International (an ALYA partner), Honeywell International, Raytheon Corporation, Johnson Controls, Leviton Manufacturing, Siemens Building Technologies. The seminar series is sponsored at the local level by member companies of Echelon's Authorized Network Integrator program and the local Siebe Environmental Controls field offices. Echelon's Authorized Network Integrator channel and the local Siebe Environmental Controls field offices offer networking and integration expertise to commercial, industrial, municipal, governmental, and institutional facility owners who want the cost, reliability, and flexibility benefits offered by open, nonproprietary LonWorks control systems. "Siebe Environmental is at the forefront of open systems technology based on Echelon's LonWorks platform and the LonMark guidelines," said Brent Bernardi, Vice President of Sales and Marketing for Siebe. "Through our partnership with Echelon, we have incorporated the industry-leading LonWorks technology into our I/A Series™ family and have complemented our total building solutions with the LonPoint™ System offering. This tour represents a tremendous opportunity to establish Siebe as a local as well as global leader in the interoperable, open systems movement. Through our local, national and global marketing and distribution efforts, we look forward to the products and tools reaching building managers, consulting engineers, and architects to help them specify and implement the technology into truly open interoperable LonWorks solutions based on LonMark guidelines." About Echelon Corporation Echelon Corporation is the developer of LonWorks networks, recognized internationally as a standard for interoperable control networks. With thousands of application developers and millions of devices installed worldwide, the LonWorks system is a leading open, networked control solution for building and home automation, industrial, transportation, and public utility applications. Echelon offers a full range of off-the-shelf hardware and software products to support the development, installation and management of intelligent, open and interoperable control networks. About Siebe Environmental Controls Siebe Environmental Controls offers a full line of effective solutions to manage and control building mechanical systems, energy usage, and operating efficiencies through a worldwide network of field offices. As one of the world's largest manufacturers of interoperable building control products, Siebe Environmental Controls provides comprehensive programs and easy-to-use systems to optimize commercial building operation. Siebe Environmental Controls extensive line of valves, actuators, and sensors complete the building automation systems, offering a single source for all building control needs. About the LonMark Interoperability Association Since its inception in May 1994, the LonMark Interoperability Association has become a major driving force in the establishment of interoperable standards for building, industrial and residential/utility automation. LonMark membership is open to any manufacturer, end user, or system integrator committed to the development and use of open, interoperable products using multivendor LonWorks control networks. Products that have been verified to conform to the LonMark Interoperability Guidelines are eligible to carry the LonMark logo. Further information on the LonMark Interoperability Association and its members can be found on the LonMark Association website at lonmark.org. About ALYA International, Inc. ALYA International, Inc. is a leader in the development of software and hardware for intelligent building control and security systems and is based in Vancouver, Canada with offices in San Francisco, California; Austin, Texas; Antwerp, Belgium; and Beijing, China. ALYA International is listed on the OTC bulletin board under the symbol ALYAE. -30- For further information, please call In the US: Yolanda C. Velazquez at International Media Solutions 1-888-894-8487. In Canada: Dale Paruk 1-888-595-6444 Email inquiries: stock@alya.com. Website: www.alya.com. This press release may contain statements relating to future plans, events or performance. Such statements may involve risks and uncertainties, including risks associated with uncertainties pertaining to the timing and level of customer orders, demand for products and services, development of markets for Echelon's products and services and other risks identified in Echelon's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Echelon undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Echelon, LonWorks, LonMark, the LonMark logo, and the Echelon logo are registered trademarks of Echelon Corporation registered in the U.S. and other countries. LNS is a trademark of Echelon Corporation in the U.S. and other countries. I/A Series is a registered trademark of Siebe Environmental Controls, an Invensys Company. Other marks belong to their respective holders.