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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Wil Faller who wrote (13227)	11/7/1998 8:09:00 PM
From: KLAW97	Respond to of 13949

ALYA is Y2K compliant. NEWS RELEASE November 5, 1998 ALYA and CSI Agree on Five-Year Contract for Worldwide Sales of ALYA Products The Hague, Netherlands – November 5, 1998 - ALYA International, Inc. ("ALYA" or the "Company") and Control Systems International ("CSI") have concluded an agreement allowing CSI private labeling of ALYA's O.P.E.N.cortex™ and associated security management modules. CSI has committed to the purchase of a minimum of US$2 million worth of ALYA products in the first 18 months of the agreement. Additional financial incentives will be provided to CSI as it reaches a plateau of US$5 million within the same 18 months. The agreement covering a period of five years, was announced at the LonUsers International Conference in The Hague by Douglas Corbett, vice-president, sales and marketing, of ALYA and Wayne Stevenson, chairman and chief executive officer of CSI. Mr. Stevenson said "CSI is fulfilling its commitment to enter into strategic relationships to best provide our customers with quality focused solutions based on open protocols." CSI is a global leader in automation systems for building access and environmental controls with approximate annual revenues of US$100 million. Headquartered in Texas, CSI has offices in London and Perth, and markets its products worldwide. ALYA International is at the forefront of the development of interoperable building security systems, These systems are integrated with building control systems to realize energy savings. "ALYA's Building Security Management System," said Mr. Stevenson, "moves CSI one step closer to providing complete, seamless integration of every information and control function with buildings." "This agreement with CSI", said Mr. Corbett "represents a major step towards ALYA being recognized as the worldwide leading supplier of security management systems as part of a complete energy savings building control system." Formal signing of the contract is expected within two weeks after completion of legal review. ALYA International, Inc. is listed on the OTC-bulletin board (symbol: ALYA). For further information, please call Dale Paruk at 1-888-595-6444.