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

To: P. Ramamoorthy who wrote (11494)	5/12/1998 7:14:00 AM
From: bob	Read Replies (1) \| Respond to of 13949

Retired Persons Services and Harris Publishing To License Company's Multi-Language Year 2000 Toolset DENVER, May 12 /PRNewswire/ -- Accelr8 Technology Corporation (Nasdaq: ACLY) announced today that it has entered into two new licensing agreements for its Year 2000 software tools which assist with identifying, processing and preparing for Year 2000 compliance. Alexandria, Va.-based Retired Persons, a not-for-profit pharmacy service for the American Association of Retired Persons, and Harris Publishing, the premier international publisher of alumni and membership directories, each purchased Accelr8's Year 2000 software solution, the Navig8 2000 Toolset. Both organizations will be using Accelr8's Toolset to renovate their Digital VMS code for Year 2000 compliance. Commenting on the purchase of Accelr8's innovative software tools, Cheryl Fanello, Year 2000 Manager for Retired Persons, stated, "We were looking for a multi-language tool that would work in the Digital VMS environment. Accelr8 was the only company with a product that could run on Digital VMS BASIC, C, and COBOL. Accelr8 is providing us with all the necessary tools to accomplish our Year 2000 compliance task in an effective, timely manner." Harris Publishing Vice President of Administration Joe Donia, added, "I am not aware of any other tools in the marketplace that address Digital VMS BASIC code. Accelr8's Toolset, which is specific to both the Digital VMS and UNIX platforms, has an engine designed for BASIC code. This engine will greatly increase our productivity, allowing us to speed up our code conversion for solving the Year 2000 problem." Thomas V. Geimer, Accelr8's Chairman and Chief Executive Officer discussed the Company's new contracts and recent performance: "These new contracts are important to Accelr8 as we continue to forge relationships throughout a broad range of industries. Our agreements with Retired Persons Services as well as Harris Publishing are indicative of the vast opportunities in the marketplace for our software applications. They also further demonstrate the Company's ability to provide important solutions, serve a diverse client base and meet a variety of customers' needs. In fact, during the first nine months of fiscal 1998, we have strengthened our position within the automotive, chemical, services, manufacturing and pharmaceutical arenas. "Most recently, our core business, migration, has been gaining significant momentum, despite the increased emphasis on Year 2000 compliance. Furthermore, we are continuing to realize royalties from licensing agreements worldwide. All of these factors will contribute to our anticipated strong financial performance during fiscal 1998." Accelr8 Technology Corporation's Year 2000 offering is the industry's premier multi-platform, multi-language solution providing IT users on Digital Open VMS, UNIX and NT midrange and client/server platforms the same tool regardless of their respective code bases. The Navig8 2000 Toolset facilitates the Year 2000 solution from inventory through renovation for systems using BASIC, C, C++, COBOL, Fortran, and Visual Basic. Denver-based Accelr8 offers a full spectrum of systems modernization solutions including products, training, consulting and factory services. For more information regarding Accelr8 and its products, please visit the website at accelr8.com. SOURCE Accelr8 Technology Corp.

To: P. Ramamoorthy who wrote (11494)	5/12/1998 8:21:00 AM
From: Nanda	Read Replies (1) \| Respond to of 13949

Ram, what a turn around yesterday. Fortunately it was associated with down day of NASDAQ stocks. My feeling is that all the hammered y2k stocks want to catch up but they only need few market UP days. We do not see them bucking the trend as in the past. Almost all y2k stocks have gotten a small price pop after earnings which led to several DOWN days and most are still down. That brings me to TAVA. I hope it will buck the trend after but I will be watching carefully. Earlier indications are good for TAVA as the ask quote is edging up. Good luck to all!!