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Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?


To: Tech Master who wrote (8634)10/28/1998 1:46:00 PM
From: SE  Respond to of 10786
 
Dear Investor,

This mail is being sent to you in response to your subscription to The
Alydaar Investor Mailing List. If you would like to be removed from this
list please reply to this message with Unsubscribe as the subject and the
email address of your subscription in the body.

------------------------------------
PRESS RELEASE

Alydaar Completes Y2K Contract For OAG Worldwide

European Business Base Expanding

Alydaar Software Corporation (NASDAQ-ALYD) today announced it has
successfully completed its Year 2000 contract with travel information
publisher OAG Worldwide. OAG Worldwide is the world's leading independent
provider of travel information products and services, offering business
travelers, corporations and the global travel industry the information they
need to make effective travel planning decisions.

"OAG Worldwide, along with all other operating units of its parent company
Reed Elsevier plc, has placed the highest priority on its Year 2000
compliance program," said Jo Tatters, OAG Worldwide's Senior Project
Manager for Year 2000. "Our target is to have completed all of our
remediation work by the end of 1998, in order to complete our extensive
testing program well in advance of the millennium date change.

"The work that Alydaar undertook for us in identifying and remediating any
Year 2000 implications for our COBOL and Natural 2 program, has helped us
in meeting some of our project milestones to date. We were very pleased
with Alydaar's factory based remediation process, which delivered our code
conversions accurately and on time. Alydaar, like OAG Worldwide, has a
very focused approach to meeting customer needs", continued Jo Tatters.

Information databases are the core of OAG Worldwide's business, and form
the basis of all OAG's publishing activities. Customers can access this
information through a variety of media, ranging from portable pocket guides
and desktop references in print and electronic format, to a customized
travel information system for use on a company's Intranet or local area
network. The OAG portfolio includes OAG Pocket Flight Guides, OAG
FlightDisk, OAG HotelDisk, OAG World Airways Guide, OAG Desktop Flight
Guide, OAG Rail Guide, OAG Air Cargo Guide and OAG CargoDisk.

OAG Worldwide is a division of Reed Business Information (RBI), and a
member of Reed Elsevier plc, a world leading publisher and information
provider in the areas of scientific, professional and business publishing.
More information about Reed Elsevier plc can be found on the World Wide Web
at reed-elsevier.com.

Alydaar Software Corporation is a software re-engineering company,
specializing in computer language translation and systems migration
services. Its central focus for the past two years has been resolving the
Year 2000 problem. Using SmartCode, its core re-engineering technology,
Alydaar remediates or audits most computer languages on most hardware
platforms. Alydaar's clients include: Advanced Micro Devices (AMD) Northern
States Power (NSP), 3M (MMM), Nabisco (NA), DuPont (DD), Whirlpool (WHR),
RJ Reynolds (RJR), and McDonnell-Douglas (MD), among others. Alydaar also
provides remediation services under a strategic alliance agreement with
Compuware Corporation (CPWR). More information about Alydaar Software
Corporation and its services can be found on the World Wide Web at
alydaar.com.