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Technology Stocks : Merant - MRNT (formerly MIFGY) -- Ignore unavailable to you. Want to Upgrade?


To: PCSS who wrote (358)12/23/1998 9:10:00 AM
From: PCSS  Respond to of 461
 
Pre-market bid now UP to 8 3/4 and gyrating

Michael



To: PCSS who wrote (358)12/23/1998 9:32:00 AM
From: Woz  Respond to of 461
 
PR Newswire - December 22, 1998 11:08

Lloyds TSB Group to Implement Leading Software Configuration Management Solution throughout UK

MOUNTAIN VIEW, Calif., Dec. 22 /PRNewswire/ -- INTERSOLV, Inc., a company in the Micro Focus Group ("Micro
Focus") (London: MICF; Nasdaq: MIFGY), recently announced in the United Kingdom that it has won a contract to supply
Lloyds TSB Group with a corporate license for its PVCS Version Manager software configuration management (SCM)
solution, to be implemented at Lloyds TSB's development sites throughout the UK.

Lloyds TSB, the UK's largest financial services group, has purchased the license in order to maximize productivity of its
in-house software development projects. A large number of employees within the Lloyds TSB Group, which includes
Cheltenham & Gloucester and Lloyds Abbey Life, are already existing users of PVCS Version Manager. The contract provides
a corporate-wide license for PVCS Version Manager and associated maintenance for three years.

Mike Chambers, software purchasing manager, Lloyds TSB Group, said, "PVCS Version Manager was chosen because it
provided the best solution to meet our software configuration management needs now and in the future."

Simon Atkinson, country manager (SCM), INTERSOLV UK, said, "This agreement is the culmination of a highly productive
relationship between Lloyds TSB and INTERSOLV. It reinforces INTERSOLV's tremendous commitment and presence in the
UK banks, most of which now use PVCS. We look forward to continuing our excellent business relationship with the Lloyds
TSB Group."

PVCS Series: Software Change Management

PVCS empowers organizations to deliver higher quality software faster. The PVCS Series integrates configuration management
(CM), process automation (PA), and issue management (IM) to make the entire development operation more responsive and
more competitive. By providing a powerful, industry-leading combination of people, process and products, PVCS gives teams
the freedom to choose from the widest range of platforms and development environments, create more innovative software and
compete more effectively. Ninety-six of the Fortune 100 companies rely on PVCS to gain a competitive development
advantage. More than 500,000 users at 25,000 sites worldwide including Chrysler, PaineWebber, MCI and Nike, and nearly
70 industry partners have made PVCS the undisputed global standard for SCM.

Lloyds TSB Corporate Profile

Lloyds TSB is a leading UK-based financial services group whose businesses provide a comprehensive range of banking and
financial services in the UK and overseas. At the end of 1997, total group assets were #158 billion and market capitalization
was #42.6 billion. Group profits were #3.16 billion.

Micro Focus Corporate Profile

Micro Focus (Nasdaq: MIFGY; London: MICF) is a leading software solutions vendor that enables corporations to accelerate
the development and delivery of applications designed to run in today's distributed enterprise computing environments. The
company's solutions allow its customers to leverage their existing IT investments in applications and people, to access
information quickly and easily, to build applications that integrate existing information assets across the enterprise, and to
manage the development and deployment process to ensure quality applications.

Founded in 1976, Micro Focus is known as a leading provider of enterprise application development and maintenance solutions
for MVS, UNIX, Windows, NT and Web environments. With its recent acquisition of INTERSOLV, a global market leader in
software change management and open data connectivity products and services, Micro Focus is now a leader in helping its
customers respond quickly to business and technological change. Micro Focus(R) products include the PVCS(R) line of
software change management products, the DataDirect(R) line of standards-based data access and connectivity products, and
the Micro Focus line of applications development and transformation solutions.

Micro Focus is a registered trademark of Micro Focus Limited. INTERSOLV, DataDirect and PVCS are registered
trademarks of INTERSOLV, Inc., a wholly- owned subsidiary of Micro Focus Group plc. All other trademarks are the
property of their respective owners.

In the U.S., Micro Focus is located at 701 E. Middlefield Road, Mountain View, Calif. 94043; telephone 650-938-3700. In
the UK, Micro Focus is located at The Lawn, 22-30 Old Bath Road, Newbury, Berkshire, RG14 1QN; telephone 01635
32646. For additional information on Micro Focus and its products, visit the Micro Focus Web site at
microfocus.com.

SOURCE INTERSOLV, Inc.

/CONTACT: Regina Freeman of FitzGerald Communications, 415-986-9500 or
regina_freeman@fitzcomm.com, for INTERSOLV/

/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 772063/

/Web site: microfocus.com

/Web site: intersolv.com



To: PCSS who wrote (358)12/23/1998 12:24:00 PM
From: 45bday  Read Replies (1) | Respond to of 461
 
I think a lot of the losers should move up now that tax selling is over. I am tempted to get back into mifgy but don't have a clue what they are up to these days>