To: TokyoMex who wrote (3082 ) 9/3/1998 9:18:00 AM From: Brett Fleischman Respond to of 119973
ALMI looks like it can be strong today in an otherwise choppy market, it tends to run on news. Microsoft First Customer to Select Alpha Microsystems' AC Spotlight Knowledge Management Technology Company submits provisional patent application and schedules showcase for AC Spotlight in Microsoft's Partner Pavilion at Comdex Enterprise Show SANTA ANA, Calif.--(BUSINESS WIRE)--Sept. 2, 1998-- Alpha Microsystems (NasdaqNM:ALMI), today announced that its AlphaCONNECT(R) Information Technology division has delivered, after months of collaborative beta testing, the company's knowledge management software to Microsoft Corporation (Nasdaq:MSFT - news; NasdaqNM:MSFT) to expand the functionality of Microsoft's executive management intranet. The Alpha Micro End User License provides Microsoft with a customized version of AlphaCONNECT's highly scalable AC Spotlight software. This product delivery coincides with both Alpha Microsystems' commercial release of the innovative software and the submission of a provisional patent application for the underlying technology. Pricing for the AC Spotlight knowledge management software will range from initial set-up costs of $10,000 to $100,000+, based upon size, complexity and specific requirements of the enterprise, in addition to corresponding annual support and consulting fees. ''We are excited that our technology has placed us in the forefront of this burgeoning market,'' commented Alpha Microsystems chairman and CEO Douglas J. Tullio. ''Having Microsoft as our first customer should enhance our position as a technology innovator and provide us with a higher level of recognition as a significant player in the knowledge management marketplace.'' Tullio continued, ''We have not found many companies who currently provide equivalent technology and those that have emerged as possible competitors, such as Junglee and C2B Technologies, have been quickly acquired by larger companies such as Amazon.com (Nasdaq:AMZN - news) and Inktomi (Nasdaq:INKT - news). ''AlphaCONNECT is in the business of data management,'' said vice president of marketing Denny Michael. ''When Microsoft expressed its need for a technology that could retrieve unstructured data from the Internet and move it into a structured database, we were confident that we could provide a successful solution.'' Michael continued, ''Not only did we deliver a product meeting Microsoft's specifications, but we created additional technologies and scalable consulting services that can be customized to meet the needs of virtually any company in any industry. We believe this technology provides access to unique actionable information needed by industry to stay competitive in today's fast moving environment.'' As part of AlphaCONNECT Knowledge Management Suite of software solutions and consulting services for the enterprise, AC Spotlight employs technologies designed to help companies make informed business decisions by efficiently harvesting, organizing, analyzing and sharing various types of data, such as business intelligence, news, industry trends, mortgage rates and financial and economic information. Specifically, AC Spotlight allows for ''reverse data warehousing'' - a process of collecting unstructured data from the Web and transforming it into a structured form for storage in ODBC-compliant databases. AC Spotlight was developed by AlphaCONNECT and then customized based on Microsoft's requirements. It has undergone several months of intensive beta testing where it received extensive feedback from Microsoft personnel. Alpha Microsystems will be showcasing the technology suite inside the Microsoft Partner Pavilion at next week's Comdex Enterprise Show in San Francisco, September 8th to the 10th. The AlphaCONNECT booth will be located at space MS-17. Microsoft is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use. AlphaCONNECT, a division of Santa Ana, CA-based Alpha Microsystems, offers powerful foundation technologies for knowledge management software serving the Internet, intranet, enterprise-information technology and software development markets. Both the company and its independent vendor partners use AlphaCONNECT to create award winning business-to-business and consumer-based products. To learn more about AlphaCONNECT, visit the Company's Web site at www.alphaconnect.com. Certain statements in this press release are ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties, including (i) whether the company's products will be commercially successful or technically advanced due to the rapid improvements in computer technology and resulting product obsolescence, (ii) the company's ability to manage risks associated with its Internet operating strategies, (iii) changes in the company's operating strategy and capital expenditure plans and (iv) the company's ability to manage its expenses commensurate to its revenues and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Contact: Alpha Microsystems Denny Michael, 714/641-6373 or Porter, LeVay & Rose Inc. Debra Potter or Elisa Keys 212/564-4700