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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE] -- Ignore unavailable to you. Want to Upgrade?

To: Helmut who wrote (576)	11/17/1999 1:15:00 PM
From: Francois Lavoie	Respond to of 792

CrossKeys Sells Altus Product Line to Altus Solutions KANATA, Ontario & VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 17, 1999--CROSSKEYS(NASDAQ:CKEY - news; TSE:CKY. - news) CrossKeys Systems Corporation (NASDAQ:CKEY - news; TSE:CKY - news) announced today that is has sold its Altus intellectual property and assets to Altus Solutions Inc. Financial terms for the agreement were not disclosed. Altus Solutions Inc. was formed by former CrossKeys employees earlier this year. The new company has commenced operations and will continue providing voice traffic performance management solutions for telephone companies worldwide. Altus Solutions will continue to distribute Altus products through Compaq, and work jointly with Compaq to pursue business opportunities that build upon the already established product success. ``We decided to sell Altus to increase our focus on products for next generation service providers, consistent with CrossKeys strategic vision,' says Ian McLaren, President and Chief Executive Officer, CrossKeys. ``Altus Solutions, supported by Compaq's worldwide organization, ensures that existing Altus customers will continue to receive exceptional service.' ``Having acquired an established customer base and a market-proven product family, Altus Solutions is well positioned to penetrate this market,' says Paulin Laberge, President and Chief Executive Officer of Altus Solutions. ``The level of interest that we have already seen for our products makes me confident that we will continue to see the Altus product family as a world leading solution for traffic performance management for voice and SS7 networks. Our continuing relationship with Compaq ensures that we can deliver and support telecom service providers on a worldwide basis.' ``Altus products complement our total network and service management solution, based on Compaq's TeMIP, for service providers worldwide,' says Sultan Zia, Vice President Telecommunications Integration Services, Compaq. ``We see great opportunity in this market and look forward to providing Altus Traffic Management solutions as part of our TeMIP offerings.' About Altus Solutions Altus Solutions Inc. (www.altus-solutions.com), a Canadian company, provides innovative solutions to telecommunications service providers worldwide. Altus offers world-leading expertise in traffic performance management for voice and SS7 networks. Its products provide benefits to several international customers by providing carrier grade network management solutions in demanding multi-vendor networks. About CrossKeys CrossKeys Systems Corporation (www.crosskeys.com) develops and supports carrier-scale software that enables service providers to manage the equipment and traffic on their telecom networks. Its software uniquely integrates multi-vendor, multi-technology and multi-platform management for the marketplace. With CrossKeys products, over 180 of the world's largest and most demanding service providers worldwide operate more efficiently and provide better service to their end-customers. Through its relationships with these customers, leading systems integrators, equipment manufacturers and other vendors, CrossKeys continues to stay ahead of one of the fastest growing and challenging software markets. CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ (CKEY) in the United States and on The Toronto Stock Exchange (CKY) in Canada. About Compaq Compaq Computer Corporation, a Fortune Global 100 company, is the second largest computer company in the world and the largest global supplier of computer systems. Compaq develops and markets hardware, software, solutions and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, enterprise and network storage solutions, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products are available at compaq.com. Altus and logo are trademarks of Altus Solutions Inc. All other trademarks are the property of their respective holders and are acknowledged by Altus Solutions Inc. -------------------------------------------------------------------------------- Contact: CrossKeys Systems Corporation John Blackmore, 613/599-2300 ext. 8936 E-mail: jblackmore@crosskeys.com Web Site: www.crosskeys.com or Altus Solutions Inc. Mike Juzenas, +1-604-205-9903 +1-604-205-9940 E-mail: mike.juzenas@altus-solutions.com Web Site: www.altus-solutions.com

To: Helmut who wrote (576)	11/17/1999 1:31:00 PM
From: Francois Lavoie	Respond to of 792

It's obvious Crosskeys price is still stucked with NN share price. We might suffer from this at least for the short term. From this perspective, we could expect the CKY to go back to 5$ CAN. If NN is taken out, that would be great ! CKY would get an even stronger partner. What will be interesting, though, is that the quarter is ending November 30, and revenue growth might differ from NN. Re:Altus sale, do anyone remember % of sales Compaq was generating buying Altus products ? It seems like the sale a wise decision...