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Technology Stocks : Millennium Comm. Inc (MLU:ASE) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (97)	3/24/1998 11:21:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 150

Here's a link to a few more NR's for everyone's perusal: fin-info.com Just type MLU in the symbol box... ...ed

To: Ed Pakstas who wrote (97)	3/25/1998 10:48:00 PM
From: BM	Read Replies (1) \| Respond to of 150

MLU Acquires Exclusive Rights to Year 2000 Software This one's interesting too - the basis for the MLU mention in the Investor's Digest article? FOR FURTHER INFORMATION PLEASE CONTACT: Millennium Communications Inc. Investor Relations (416) 203-2001 or Millennium Communications Inc. Donna-Marie Anton VP Marketing (416) 203-2001 The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein. Retransmission NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: MILLENNIUM COMMUNICATIONS INC. ASE SYMBOL: MLU MARCH 11, 1997 Retransmission: Millennium Communications Inc. Acquires Exclusive Rights to Year 2000 Software! TORONTO, ONTARIO--MILLENNIUM COMMUNICATIONS INC. ("Millennium") Millennium is pleased to announce that it has acquired exclusive rights to the Canadian marketplace for the "Year 2000 Problem" software, developed by Century Technology Services, Inc. The Year 2000 problem will affect nearly all software that tracks date sensitive financial information. Some of the industries affected will be banking, insurance, government, and accounting. This software, known as CTSI 2000, performs the Year 2000 conversion for mainframe, midrange and other systems, regardless of computer language, in less than half the time of other conversion services. The process is less disruptive to the current operating environment, requires a smaller programming commitment, and significantly reduces overall conversion and testing costs. The Year 2000 problem occurs when the computer attempts to process "00" in the years field. The systems thinks the "00" is 1900, not 2000, and malfunctions. This problem creates erroneous calculations and computer crashes. CTSI 2000 converts the computer systems so that they can process dates correctly into the next century. Consideration for the license is $500,000 Cdn plus a royalty of $0.07 per line of code. The average mainframe computer has twelve million lines of code contained in 8000 programs. According to the Gartner Group of Stamford, Connecticut the Year 2000 conversion market is estimated to be worth between $400 and $600 billion USD over the next three years.