ALYA International Inc press release summary
ALYA International, Inc. (NASDAQ/OTC Symbol: ALYA) is a leader in software design using Microsoft's (R) Windows NT (R), Echelon's (R) LonWorks (R) technology and Local/Wide area networks communication protocols. ALYA's first product, OPENcortex (TM) is a development platform based on these de facto standards directed to companies implementing applications for end users such as building management systems and process control applications. ALYA has utilized this platform in the design of its second product OPENcentrix (TM), an application for Security Systems and Building Access. LonWorks (R) technology is a de facto standard in the building automation and process control industries providing a new standard for open architecture and interoperable control systems. LonWorks(R) is endorsed by the LonMark (R) Association, supported by Motorola (R), Honeywell Inc. (R), Johnson Controls, Inc. (R), Olivetti (R), BTE (R) and Toshiba Corporation (R). ALYA is one of the first companies to develop "plug and play" open architecture (ALYA'OPEN (TM) "Open Platform for Essential Networks") hardware and software for the security and control industries.
News Release Summary
ALYA International Signs Distributor Contract with M&E Sales, Inc.
December 4, 1997 ALYA has signed a distributor contract with M&E Sales, Inc. a systems integrator. M&E will be licensed to market, sell and distribute ALYA's OPENcentrix security system. M&E is the largest US East Coast Integrator of LonWorks Echelon networks and is licensed and qualified to provide full service systems. M&E has been providing the business community with commercial mechanical building systems since 1832 including design, sales, installation, monitoring and maintenance.
In announcing the distributor agreement, ALYA's Vice President of Marketing, Mr. Patrick Rowley commented: "ALYA is excited at the prospect of being represented by a well respected and long established firm such as M&E. It is apparent to both parties that the Echelon network technology will play a dominant role in the building systems industry. This relationship will enable both firms to take significant steps toward providing clients with truly interoperable plug & play automated buildings".
OPENcentrix Contract Signed With ICBC November 6, 1997 ALYA announced today the signed sales contract for the installation of an O.P.E.N.centrix Security Management System in the head office and parking facility of The Insurance Corporation of British Columbia (ICBC). ICBC is a province wide Automobile Insurance Utility for British Columbia, Canada. The head office facility supports 2,000 plus employees and a secure underground parking facility. The organization has approximately 4,000 employees and more than 90 satellite offices throughout the province.
Additionally, ICBC has contracted for an O.P.E.N.centrix Security Management System at their telephone claim department, one of 90 Claim Center's province wide. ALYA's O.P.E.N.centrix Security Management System will provide ICBC with "state of the art" centralized alarm monitoring and access control over their wide area network. Patrick Rowley, VP Sales & Marketing indicated, " ALYA's management team was very pleased to have won this competitive bid against a large number of established North American industry vendors. We believe this win further confirms the technological advancement of O.P.E.N.centrix along with the depth of ALYA's security management experience".
The O.P.E.N.centrix security system runs on Windows NT(R) and communicates on two levels 1) over ICBC's Local Area Network (LAN) and Wide Area Network (WAN) for intercommunication between buildings, and 2) over the LonWorks (LON) network to communicate to the end devices. The end devices for alarm monitoring can include devices such as proximity detectors, infra red beams, glass break points, etc., and in access control some such devices are proximity detectors, finger print or retina scan, voice annunciation, etc. The newly developed system does not rely on a central host computer, instead uses intelligent nodes in the network to communicate peer-to-peer for a distributed architecture. The system is feature rich in the security applications and provides the end user with an advanced system that operates in the smart building environment.
Beta Installation Completed With Squirrel Systems* of Canada October 22, 1997 ALYA has completed a beta installation of the newly developed ALYA OPENcentrix* access control system at the Squirrel* Canada operations in Vancouver, BC. Squirrel* Canada, Ltd. is a subsidiary of Sulcus Hospitality Technologies, Corp.
Jonah Singh, Director of Manufacturing for Squirrel* Canada reports: "We would like to thank you for a job well done. The ALYA (OPENcentrix*) system secures all our perimeter doors and is used continuously by all of our employees. An admirable feat based on our experience with other systems."
Patrick Rowley Appointed Vice President of Sales and Marketing Price Waterhouse Appointed Auditor October 16, 1997 The Company announced today that Patrick Rowley has been appointed Vice President, Sales and Marketing effective immediately. Mr. Rowley has formerly served in senior executive and marketing capacities with Cardkey Systems*, ADT Security*, Cerberus Pyrotronics* and Chubb*. He will work in close cooperation with ALYA's wholly owned subsidiary, ALYA Systems Inc. and will be located at their corporate offices in Vancouver, British Columbia, Canada.
In announcing the appointment, ALYA's President and CEO Dirk Schillebeeckx commented "Mr. Rowley's extensive background in industrial security and process control industries brings important industry credibility to ALYA. Mr. Rowley will accelerate market penetration of our newly introduced products, OPENcentrix and OPENcortex to North American and European distributors and resellers in the building automation and process control industries."
Price Waterhouse* has been appointed as ALYA's corporate auditors.
ALYA Raises $1,300,000 Cdn. Without Shareholder Dilution October 9, 1997 The Company announced today the receipt of $1,300,000 Cdn. as partial payment for a technology sale of OPENcentrix* software for the United States. In addition, ALYA receives an interest-bearing note for approximately $12,300,000 Cdn. to be paid over ten years. The $1,300,000 in revenue will be recognized in ALYA's financials for the fiscal year end September 30, 1997.
As part of the transaction, ALYA entered into a management agreement covering the software technology. Under this agreement, ALYA will continue to retain the exclusive United States territory marketing rights to the software products of OPENcentrix * technology. ALYA will retain ownership of the hardware technology and worldwide ownership of the OPENcentrix* technology for Canadian and International markets. "This transaction has given ALYA the cash we need to expand our OPENcentrix* marketing campaign," says Dirk J. Schillebeeckx, ALYA's CEO. "This campaign will accelerate our entry into the distributor and reseller markets. We are pleased to have raised money for marketing without bringing dilution to the shareholders." |