To: Turboe who wrote (5595 ) 6/24/1998 9:27:00 AM From: Logistics Respond to of 8798
ALYA news out : BSNS WIRE) ALYA Revises Business Plan and Projected Revenues ALYA Revises Business Plan and Projected Revenues Business Editors PALO ALTO, Calif.--(BUSINESS WIRE)--June 24, 1998--ALYA International, Inc. (OTC BB:ALYA) ("ALYA" or the "Company") has completed a revised business plan detailing the Company's plans and projections for the coming five years. Highlights from the business plan include: -0- *T ALYA expects revenues to increase sharply as follows: Year-end September 30 1997 $ 111,000 (actual) 1998 $ 2,509,000 (projected) 1999 $10,083,000 2000 $33,660,000 2001 $61,478,000 2002 $87,384,000 *T The US security market is projected to grow from $1.3 billion to $2.8 billion by 2002 (Frost and Sullivan). ALYA's projections are based on 53% of these numbers (which includes products such as ALYA's Advanced Security Management System) and on ALYA achieving 5% of the overall market over the next five years. Additional revenues (not included in the above projections) will be forthcoming from Europe where ALYA expects approximately 40% of its total revenues. Currently 7 distributors (3 in North America, 3 in Europe and 1 in South America) have signed distributorship agreements to sell $4 million of ALYA products annually. 20 distributors are expected to be in place by the end of this calendar year. ALYA's current negotiations to private label its products to building integrators and other sellers of building access control systems could result in ALYA tripling the above projections. There is currently no competition for ALYA's "high-end, LonWorks based, interoperable security management system" and the Company believes it continues to have at least a 2-year lead on the marketplace. The recognition of LonWorks as a de facto standard for building automation will help propel ALYA on its course to become the world's leading supplier of access control systems based on LonWorks technology. Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the Company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum or prospectus. --30--ALW/se* CONTACT: ALYA International, Inc. Toll-Free, 1-888-595-6444 Website: www.alya.com E-mail: stock@alya.com KEYWORD: CALIFORNIA NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.co | Pre