To: James Cornwell who wrote (87 ) 9/11/1998 11:56:00 AM From: Jeffrey L. Henken Respond to of 939
ALYA Opens New Development Facility in Europe Corinex Order Increased to $1.0 Million PALO ALTO, Calif.--(BUSINESS WIRE)--Sept. 11, 1998--ALYA International, Inc. (OTC/BB:ALYA)(''ALYA'' or the ''Company'') has opened a new facility in Poprad, Slovakia to complete development of several new products utilizing ALYA's core operating platform, O.P.E.N.cortex. The Company has also received confirmation that Corinex Group a.s. (''Corinex''), its distributor in Slovakia has been advised that the Slovak Gas Corporation has increased their order for ALYA's Advanced Management Security System (O.P.E.N.centrix), including doubling the number of doors to be serviced. (First announced on June 12, 1998.) The value of this contract is now $1,000,000 of which the first payment has now been received. Now that O.P.E.N.centrix has gained a foothold in the building automation market, ALYA can leverage this market awareness by developing new applications using its underlying operating platform, O.P.E.N.cortex. This platform provides a ''bridge'' between Echelon/Motorola neuron chip microprocessors that are imbedded in a large range of building devices such as heating and ventilation systems, elevator controls, lighting, alarm monitoring and other process control devices, greatly expanding the capabilities of LonWorks, the de facto standard in the building automation and process control industries. There are an unlimited number of future applications that can be built on ALYA's operating platform ranging from process control to smart-card technology. The Company's chief software engineer, Jozef Starosta is in Poprad to hire experienced software developers. ALYA's new office is expected to be staffed by eight people including six software designers, and will be designing new products under license. ALYA's chairman, Milan Carnogursky said. ''The high demand for software designers in North America has led ALYA to utilize our excellent network of contacts in Europe to capitalize on the tremendous pool of talented software designers in Europe. The shortage and high cost of software designers in North America means that we have been able to interview a higher level of talent than would be available here, at very cost-effective rates.'' ALYA will be visiting AZIS, the American Society of Industrial Security trade show in Dallas, Texas on September 14-17 where it is meeting with several potential industry partners. ALYA International, Inc. (OTC/BB:ALYA) is a leader in software design using Microsoft's(R) Windows NT(R), Echelon's(R) LonWorks(R) technology and Local/Wide area networks communication protocols. 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 its second product O.P.E.N.centrix(TM), an application for Security Systems and Building Access. LonWorks technology is a de facto standard in the building automation and process control industries providing a new standard for open architecture and interoperable control systems. The LonMark(R) Association, supported by Motorola(R), Honeywell Inc [NYSE:HON - news].(R), Johnson Controls, Inc.(R), Olivetti(R), BTE(R) and Toshiba Corporation(R) endorses LonWorks. ALYA is one of the first companies to develop ''plug and play'' open architecture (ALYA's O.P.E.N.(TM) ''Open Platform for Essential Networks'') hardware and software for the security and control industries. Contact: Alya International Toll-free 888/595-6444 Website: www.alya.com Email: stock@alya.combiz.yahoo.com I would like to see ALYA get back over the 50 and 200 day moving averages. It's a steal down at these levels but from a technical stand point the stock is still at risk. The stock needs to get back over .80 to really look good technically. I think this is a great stock for an intermediate long term buyer. That is to say within two to three months I feel those who buy ALYA here or hold through any sell offs will be very happy indeed.InvestRight Regards, Jeff