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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE) -- Ignore unavailable to you. Want to Upgrade?

To: cann11 who wrote (239)	1/6/1999 5:32:00 PM
From: coolslug	Respond to of 605

Oriole Sells Intranet Software to Large U.S. Multinational GTE CORP ("GTE-BHDNPQX") ORIOLE SYSTEMS INC ("OOL-V;ORISF-L") - Oriole Sells Intranet Software to Large U.S. Multinational GTE Internetworking of Cambridge, Mass., a division of GTE Corporation, one of the largest telecommunications companies in the world, has ordered the NCompass Labs Resolution TM product from DYAD Systems Inc., a wholly-owned subsidiary of Oriole Systems Inc. Oriole and its subsidiaries specialize in enterprise-wide software. As a development partner of IBM's SanFrancisco Project, Oriole has been converting all of its software for the intranet/internet environment. Al Gerenser, President of Oriole, believes that the future for enterprise-wide software lie with web-based technologies such as Resolution and that IBM's SanFrancisco strategy will take it "first to market". GTE Internetworking's parent GTE Corporation provides local telephone and wireless services in 29 states and long-distance service and internet access in all 50 states. GTE provides government and defense communications systems and equipment, aircraft passenger telecommunications and directories and telecommunication based directory services. The company has a market capitalization of $61 billion. NCompass Labs is a private company start-up funded in part by Intel, Royal Bank Capital Corp., Venture West and the Walden Fund. The Resolution product is a state-of-the-art visual authoring and web content management system. The first installation of Resolution will be used on web servers nationwide to create and maintain multiple web sites for one of GTE Internetworking's largest clients. According to Frank Stama, V.P. of Oriole Systems, "We expect that this will be the first of a series of orders that will implement this technology within GTE Internetworking. This could be a very substantial monetary relationship." TEL: (604) 681-6186 Marie Antoinette Shields (Market/Finance Development) TEL: (603) 472-4828 Frank Stama TEL: (800) 433-8381 Robert A. Young and Associates (corporate development consultants) ______________________________________ (c) Corporate Dissemination Services Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041. This Report Updated by Canstock at 10:28:06 Pacific Time --------------------------------------------------------------------------------