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Technology Stocks : SNDT - Sand Technology - A diamond in the sand -- Ignore unavailable to you. Want to Upgrade?

To: DeeDee M who wrote (663)	5/11/1998 2:44:00 PM
From: let	Read Replies (1) \| Respond to of 1200

Wyle and Sand Technology Systems Enter Into Multi-Million Dollar Distribution Agreement May 11, 1998 09:23 AM IRVINE, CALIFORNIA AND MONTREAL--(BUSINESS WIRE)--May 11, 1998-- SAND SNDCF COMPAQ and DIGITAL Customers within the Fortune 2000 to Benefit from Partnership Sand Technology Systems International Inc. and Wyle Computer Products today announce a multi-year, multi-million dollar distribution agreement for the marketing, sales and distribution of Sand's Nucleus product suite within the COMPAQ and DIGITAL computing environments to the Fortune 2000. Under terms of the agreement, Wyle will resell the Nucleus product suite - Nucleus Exploration Warehouse, Nucleus Exploration Mart, Nucleus Prototype Warehouse and Nucleus Prototype Mart through its direct sales force and extensive reseller and systems integrator distribution network. "Finding the right distribution channel for the COMPAQ NT, DIGITAL UNIX and DIGITAL NT computing environments is critical to our success," states Kevin Horigan, executive vice president, Sand Technology Systems. "We looked for a true value added partner - not just a fulfillment vendor. With Wyle, we found an organization that could deliver the much needed dual focus; a strategic and solution sales orientation for selling within the UNIX and NT server environment coupled with a strong network of vertical, horizontal and regional VARs and systems integrators for generation of the bulk sales for desktop and mobile computing. Wyle's success speaks for itself; a multi-billion dollar corporation in operation for over 40 years." COMPAQ and DIGITAL users and technologists within the data warehouse, data mart and business intelligence markets will benefit from Nucleus. The Nucleus Exploration Series is a powerful analytical processing tool for end users and power users of existing data marts and warehouses. The Nucleus Prototype Series is a prototyping and iterative development facility for data warehouse and data mart designers that allows fast and simple data acquisition, assimilation and validation. Josh Napua, senior vice president, Wyle says, "We have enjoyed a long standing reputation as a solutions provider of some of the world's most powerful desktop and server technologies. With Nucleus, we have found a software solution that delivers unprecedented performance, scalability and impact to our COMPAQ NT and DIGITAL UNIX and NT computing environments. Nucleus' impact on our users and our partners' users will be staggering. In our due diligence process, we found industry analysts and customers very excited with the technology. We saw several unique multi-billion dollar markets being born as a result of the Nucleus functionality. And finally, we saw The Product of the Year as voted by DM Review Magazine. This convinced us we wanted to be part of the Nucleus team." "This partnership will benefit all users of DIGITAL technology," stated Jack Novia, vice president of marketing, DIGITAL. "Wyle and Sand have together developed a formidable team comprised of an innovative, leading edge software technology and a very successful, customer oriented solutions provider. Sand will benefit from the many years of experience that Wyle has accumulated in selling DIGITAL systems and Wyle will benefit from the Nucleus software products." About Wyle Computer Products Wyle Computer Products, a member of VEBA Electronics, is a leading international distributor, specializing in marketing computer systems, as well as providing value-added services. Our knowledgeable sales representatives and system engineers provide custom solutions for any computing environment. Wyle has 35 sales offices across the U.S. Wyle also offers a state-of-the-art System Enhancement Center and top rated Reseller Program that provides value added resellers marketing services and business growth funds. More information about Wyle is available on their home page on the World Wide Web at wyle.com. About Sand Technology Sand Technology Systems International Inc. provides high performance, scaleable software solutions for data mining, data marts, data warehouses and online analytical processing (OLAP). Sand's Nucleus product suite brings patented technology to the business user allowing for more timely and accurate decision processing within the disconnected client, desktop, workgroup, departmental and enterprise computing environments. Copyright (c)1998 Sand Technology Systems. All Rights Reserved. Nucleus, N-Vector, Nucleus Exploration Mart, Nucleus Exploration Warehouse are registered trademarks of Sand Technology Systems. Other trademarks are the property of their respective owners.