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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Maxwell who wrote (33645)	6/29/1998 10:29:00 AM
From: Jeffrey S. Mitchell	Respond to of 1583658

Alydaar Awarded AMD Year 2000 Contract CHARLOTTE, N.C., June 26 /PRNewswire/ -- Alydaar Software Corporation (Nasdaq: ALYD - news) has been awarded a contract for Year 2000 remediation services by Advanced Micro Devices, Inc. (NYSE: AMD - news). The contract calls for Alydaar to remediate AMD code utilizing Alydaar's SmartCode(R) reengineering technology to provide Year 2000 compliant software. The Year 2000 problem arises from computer programs throughout the world that read only the last two digits in a year. The 00 reading for 2000 could cause severe errors in some programs or could be misinterpreted as 1900. Estimates to repair the Year 2000 problem within the worldwide market exceed $600 billion. Robert Gruder, Alydaar's CEO, stated ''Alydaar is delighted to be working with AMD. Their Year 2000 team's knowledge of the issues is quite strong and I am very pleased AMD has selected Alydaar to be its remediation vendor.'' According to Rick Carlson, AMD's Director of Baseline Engineering Systems, ''AMD has chosen Alydaar for Year 2000 applications code remediation based upon their solid track record and their ability to act as a partner with AMD as we work toward the successful implementation of our Corporate Business Systems Year 2000 compliance program.'' Alydaar Software Corporation is a software re-engineering company, specializing in providing services to resolve the Year 2000 problem, as well as computer language translation and systems migration services. Using SmartCode(R), its core re-engineering technology, Alydaar can automatically correct millions of lines of code per month at its North American code remediation factory located in Charlotte, NC. Alydaar has offices throughout North America and Europe. More information about Alydaar Software and its services can be found on the World Wide Web at alydaar.com. AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets. AMD produces processors, flash memories, programmable logic devices, and products for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $2.4 billion in 1997. (NYSE: AMD - news). SOURCE: Alydaar Software Corporation