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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (10452)	3/27/1998 9:29:00 AM
From: Tech Master	Read Replies (1) \| Respond to of 13949

* ALYD PRESS RELEASE * Friday March 27, 9:11 am Eastern Time Company Press Release SOURCE: Alydaar Software Corporation State of New Jersey Awards Alydaar Year 2000 Contract CHARLOTTE, N.C., March 27 /PRNewswire/ -- The State of New Jersey has awarded Alydaar Software Corporation (Nasdaq: ALYD - news) a contract for Year 2000 remediation services. The contract calls for Alydaar to remediate the State of New Jersey's NATURAL code utilizing its SmartCode(TM) reengineering technology to make the programs Year 2000 compliant. The Year 2000 problem arises from computer programs written in the 1970s and 1980s that read only the last two digits in a year. The 00 reading for 2000 would cause an error in some programs or could be interpreted as 1900. The world-wide market to repair the Year 2000 problem is estimated to be in excess of $600 billion. Robert Gruder, Alydaar's CEO, stated, ''The State of New Jersey has aggressively attacked its Year 2000 issues and has established an excellent methodology to resolve the issue in a timely fashion.'' Gruder continued, ''Alydaar is taking a close look at State Governments which are in the process of making their systems Year 2000 compliant. Time is becoming a factor and many realize that a Factory solution is the only solution that will allow them to finish their projects on time. Alydaar's factory solution is even more critical to public sector clients who are facing a demanding public and an immovable deadline.'' Alydaar Software Corporation is a software reengineering company, specializing in providing services to resolve the Year 2000 problem, as well as computer language translation and systems migration services. Using SmartCode(TM), their core reengineering technology, Alydaar can remediate most computer languages on most hardware platforms. Alydaar has offices throughout North America and Europe. SOURCE: Alydaar Software Corporation