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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE) -- Ignore unavailable to you. Want to Upgrade?

To: cann11 who wrote (48)	5/12/1998 11:49:00 AM
From: Oliver	Read Replies (1) \| Respond to of 605

Todays news doesn't look too bad..... Oriole Systems Inc OOL Shares issued 20740597 1998-05-11 close $0.44 Tuesday May 12 1998 Mr. Frank Stama reports, International Business Machines U.S. (IBM) has approved Oriole Systems Inc.'s subsidiary, DYAD Systems to be a development partner. DYAD's flagship application, known as the PowerTouch-Financial Management System was developed by DYAD for enterprise wide, budget-driven, government organizations. Utilizing IBM's innovative San Francisco framework DYAD will re-engineer PowerTouch-FM to maintain its competitive edge and pursue additional business opportunities in the public sector. IBM's San Francisco project is designed to revolutionize business application development. The project is based on the concept of extendible business process components, which are written in the Java programming language. The structure and architecture of San Francisco allows businesses to leverage IT assets and integrate with many existing business systems. It will be of special interest to those organizations looking for Internet-enabled, secure, scaleable software solutions. IBM will supply sales and marketing support through the Solution Developer Program. Joint marketing activities include prospecting, joint sales calls, IBM references to PowerTouch FMS in its application catalogues, and use of IBM's software products and facilities. An IBM San Francisco consultant will support the DYAD team for the duration of the project with timing for a beta version of the developed application to be delivered to an end-user by late 1998. Frank Stama, DYAD's U.S. based vice-president stated: "This partnership with IBM is a software company's dream. Not only will we have marketing support, but we have an exciting opportunity to move light years ahead of our competition in rapidly meeting the IT needs of our current customers and targeted markets". (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com