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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Nouveau_Riche who wrote (77384)	2/2/2000 5:40:00 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

(COMTEX)B: Printrak Announces Alliance With Compaq to Serve Global Public Safety and Criminal Justice Markets; Agreement Includes Product Integration, Co-Marketing ANAHEIM, Calif., Feb 2, 2000 (BUSINESS WIRE) -- Printrak International Inc. (Nasdaq:AFIS) and Compaq Computer Corp. (NYSE:CPQ) (www.compaq.com) Wednesday announced a technology and marketing alliance to target public safety and criminal justice markets. The broadly structured relationship calls for cooperation on multiple levels, including cross-selling and co-marketing of products and integration of Printrak's industry-leading enterprise software. "Public safety systems represent a growth market opportunity," said Jim Milton, vice president of sales and marketing, North America at Compaq. "Printrak continues to demonstrate consistent leadership in this field and we look forward to bringing solutions to market with them. This market segment is fueled by technology initiatives at many levels of government to upgrade existing systems, and we believe this market has a strong upside potential." Printrak and Compaq are currently working on multimillion-dollar public safety systems opportunities in New York, Canada and South America, according to Printrak CEO Richard Giles. "Printrak is the only company to offer an enterprise-level solution, consisting of a full suite of public safety and criminal justice applications," he said. Giles also pointed to Compaq's global service and support organization as another opportunity for synergy in market expansion and customer satisfaction. "I am confident our two companies can more effectively serve public safety needs by working together," he said. Printrak is one of only a few Compaq customers that utilize the full range of Compaq computers from fault-tolerant mainframe systems to notebooks. Printrak's leading-edge computer aided dispatch (CAD) systems for 9-1-1 emergency call centers currently standardize on Compaq NonStop hardware. Printrak International Printrak International (www.printrakinternational.com) is a global supplier of enterprise software and related services for information management and decision support that ensures community safety and security. The company's suite of networked applications provides comprehensive management of government records for rapid access and analysis of critical and time-sensitive public information. The systems operate by gathering, validating, warehousing, mining and distributing mission critical data to government agencies and businesses using private networks, the Internet or wireless services. Printrak technology also provides the positive identification infrastructure necessary to reduce fraud and enhance data exchange. The company's systems serve national, state, county and municipal agencies in 36 countries. The statements in this release that relate to future plans, events or performance are forward-looking statements that reflect Printrak International management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance on the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such forward-looking statements. Risks and uncertainties include, without limitation, those associated with: development of the marketplace for enterprise solutions; demand for the company's products and services; the ability of the company's partnerships and alliances to succeed and in particular, the ability of the company to complete product development and broadly commercialize and disseminate its products; and other risks as identified in the company's SEC filings. The company disclaims any intention or obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events. Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Printrak International Inc., Anaheim Chris Gift, 714/238-2000 E-mail: cgift@printrak.com or Lages & Associates Kim Alexander, 949/453-8080