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Technology Stocks : MVSI - AN UNDISCOVERED GEM -- Ignore unavailable to you. Want to Upgrade?

To: Bankceo who wrote (471)	4/4/1998 2:53:00 PM
From: Serge P	Read Replies (1) \| Respond to of 627

Thursday April 2, 12:57 pm Eastern Time Company Press Release Jyra Names Socrates Technologies as Exclusive Distributor and Software Support Service Provider for Washington DC, Baltimore, Philadelphia, and New York City SAN JOSE, Calif.--(BUSINESS WIRE)--April 2, 1998--Jyra Research, Inc. (OTC-BB: ''JYRA''), announced today that it has awarded an exclusive product distribution and software support services agreement to Washington, D.C. area-based Socrates Technologies, Inc. (''Socrates''), a wholly-owned subsidiary of MVSI, Inc. Under terms of the agreement, Socrates will be the exclusive marketer of Jyra's software products and applications into key East Coast markets, where it is already an established supplier of among others Cisco, Hewlett Packard, and Sun Micro Systems products. This agreement greatly expands the Company's existing coverage in the USA and broadens the range of integration services that it can now offer to its software customers. ''The awarding of this agreement to Socrates reflects our confidence in Socrates ability to provide first-class distribution and software support services to include integration and networking services and high quality technology training'', stated Paul Robinson, President and Chief Executive of Jyra Research. Commented Abbas Fathi, President and CEO of Socrates Technologies, ''We are very pleased about our strategic partnering with Jyra. As evidenced by the recent awards bestowed on Jyra's network and systems management products, we anticipate these products becoming an important component of the Socrates products and service offerings available to our commercial and government customers.'' Socrates Technologies manufactures, integrates and markets brand name proprietary and generic high-end computer system products and provides complete IT solution services, including computer software engineering and development for systems applications. Jyra Research is a leader in Java-based network performance monitoring. Jyra's Service Management Architecture (SMA) is a performance monitor for end-to-end measurement of application response times across large, complex computing environments, including wide area bandwidth and the Internet. The Jyra SMA and ISM (Intranet Service Monitor) monitor application performance and user response times enabling end-users, IT departments and service providers, alike, to enjoy the mutual benefits of proven service level management, especially relevant to Internet and Intranet enabled applications. Except for the historical information herein, certain matters discussed in this release include forward-looking statements that may involve a number of risks and uncertainties, which projections and statements are made pursuant to the ''Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. For additional information on Socrates products and capabilities, please contact Evan Wagner, Executive Vice President Telephone (301) 925-2200 or Facsimile (301) 925-4150. For additional information on Jyra Research, please contact Archie Adams at e-mail: Archie@jyra.com, Telephone 44 (0) 1442 231 181 or Facsimile 44(0) 1442 231 178. -------------------------------------------------------------------------------- Contact: Jyra Research Inc. Archie Adams - Director 44 (0) 1442 231181 Fax: 44 (0) 1442 231178 Email: archie@jyra.com -------------------------------------------------------------------------------- More Quotes and News: Jyra Research Inc (OTC BB:JYRA - news) Related News Categories: computers