To: Adivino who wrote (1666 ) 8/11/1998 10:49:00 AM From: Essam Hamza Respond to of 2534
More ALYA news: (BSNS WIRE) Investors Research Institute announces that PAR Initiates Qu Investors Research Institute announces that PAR Initiates Quarterly Analyst Coverage for ALYA International, ALYA; Initial Report to be Issued Soon Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 11, 1998--The non-profit Investors Research Institute, Inc., has announced that a professional analyst qualified in its unique Public Analysis & Review (PAR) program will initiate coverage of ALYA International (OTCBB:ALYA), beginning immediately. The initial report is expected to be issued within a few weeks, and afterwards ALYA will be followed on a quarterly basis after the issuance of each earnings report. The analyst will be named next week. ALYA is a leading developer of process control software and hardware products using Echelon's(R) LonWorks(R) technology, Microsoft's(R) Windows NT(R), and Local/Wide area networks communication protocols. The company is headquartered in Palo Alto, California with research and development carried out at its wholly owned subsidiary, ALYA Systems Inc., located in Coquitlam a suburb of Vancouver, British Columbia, Canada. Founded in 1995 with the objective of developing, manufacturing and marketing using Echelon's(R) LonWorks(R) technology based process control products to world wide markets, the company shipped its first product in early 1997. ALYA is one of the first companies to develop open (ALYA's OPEN (tm) "Open Platform for Essential Networks") architecture hardware and software for the security and control industries. ALYA's first product, O.P.E.N.cortex(TM) is a development platform based on these de-facto standards directed to companies implementing applications for end users such as building management systems and process control applications. ALYA has utilized this platform in the design of .O.P.E.N.centrix (tm), an application for Security Management Systems. The company's announced mission is "to be the world's leading supplier of a Communication, Database and Control Platform dedicated to the concepts of *Open Systems. The applications based upon this platform shall extend from use of Wide Area Networks to Smart Cards." PAR reports have attracted a following on the Street. Nine wirehouse-quality analysts are currently qualified in the PAR program, whose reports are issued completely independent of both the Institute and covered public companies. ALYA is enrolled as a provisional "Elite" member of the 'Seal of Best Practices in Investor Relations" program. Full status will be accorded upon the successful completion of a third-party analyst report. The Institute is administered by IRI, Inc. (IRIK), a public company in registration. --30--kam/ny* CONTACT: C. Partridge (212-484-4747) iri@investorsresearch.org investorsresearch.org or Dale Paruk (888-595-6444) alya@alya.com ; stock@alya.com alya.com