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

To: SIer formerly known as Joe B. who wrote (2460)	5/11/1998 9:33:00 AM
From: Rob C.	Read Replies (1) \| Respond to of 13797

I guess this must mean something??? SAN DIEGO, Calif.--(BUSINESS WIRE)--May 11, 1998--Altris Software, Inc., ("the Company") (NASDAQ/NMS: ALTSE.O) a leader in enterprise-wide document management solutions, today announced a revised projected schedule for the roll-out of its Altris EB product. Testing of the initial release of Altris EB in late 1997 determined that the product did not perform in a manner that the Company considered acceptable for production use. As a result, the product was withdrawn pending further evaluation. A large quality assurance and engineering team from the Company's San Diego and London staffs convened in the United Kingdom to work on analyzing these problems. This led to a determination that certain portions of the product would require re-engineering. The re-engineering effort is now sufficiently advanced that the Company anticipates a re-release of the product later this year based on the following projected schedule: Preview Release. The Company currently expects to complete a preview release of Altris EB in July 1998. This version of the product would not be offered for use in a production environment, but would instead be made available to certain customers and partners of the Company to allow them to evaluate the product's functionality and to commence the development of applications for use with the product. Early Ship Program. The Company currently expects to release a version of the product for early shipment in December 1998 for integration into the operating environments of a limited number of Altris customers and partners. The purpose of this limited roll-out would be to confirm that the product is sufficiently robust to withstand current complex operating system environments. General Availability. The Company is currently projecting that Altris EB would be available for general distribution in the first quarter of 1999. This general release version of the product is expected to serve as a platform for additional functionality and featuresto be added in the future, including SmartPush technology. The Company continues to ship, support and enhance its award-winning Pro EDM and TARGET products to its customer base and together with its partners, continues to provide solutions that are proven at numerous customer sites. "The Altris EB product has been received positively by Altris customers and analysts who have previewed the product's capabilities," stated Roger Erickson, the Chief Executive Officer of Altris. "The attractive user interface, emphasis on capability to integrate with other applications and wide range of document management functionality are designed to meet key customer needs in both the office and technical documentation markets. The Company's revised projected release schedule is intended to assure that Altris EB will meet our customer's expectations for the product. The additional time committed to evaluating and re-engineering the product has also allowed us to add functionality to the product that was not part of its original design." All statements in this release relating to the projected release schedule are forward looking statements that involve a number of risks and uncertainties, including changes in product requirements, uncertainties relating to the assessment of the time and effort required to complete the necessary engineering tasks required for release of the product, and the complexities of designing and developing technologically advanced products and features. There can be no assurances that the Altris EB product will be successfully released on the projected schedule. --30--cs/sf* CONTACT: Altris John Low, Chief Financial Officer, 619/625-3000 or Lippert/Heilshorn & Associates Lillian Armstrong/Kris Otridge, 415/433-3777 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PRODUCT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1998, Business Wire

To: SIer formerly known as Joe B. who wrote (2460)	5/11/1998 2:31:00 PM
From: tom r. phillips	Read Replies (1) \| Respond to of 13797

the co. did not even say in one concise sentence or paragraph what the EB product does/will do for a user. tom phillips