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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (5451)	1/21/1999 9:33:00 AM
From: Shmar10	Respond to of 56535

All: ALMI (s) Trading up in premarket. More news out. Sorry for long post. Shmar (COMTEX) B: alphaServ.com Selects SalomonSmithBarney to Assist in Eva B: alphaServ.com Selects SalomonSmithBarney to Assist in Evaluation of Strategic Options Related to Its AlphaCONNECT Internet Division SANTA ANA, CALIF. (Jan. 21) BUSINESS WIRE -Jan. 21, 1999-Alpha Microsystems (Nasdaq:ALMI), now doing business as alphaServ.com, a premier provider of true multi-vendor services to the information technology marketplace and which also markets knowledge management software to businesses through its AlphaCONNECT Internet division, has engaged SalomonSmithBarney to work with the company as it evaluates various strategic options related to AlphaCONNECT. The company announced in December 1998 that the options being considered for the AlphaCONNECT Internet division include a strategic partnership, a spin-off from the parent company, or the sale of the technology. According to Douglas J. Tullio, chairman, chief executive officer, and president of alphaServ.com, the AlphaCONNECT Internet division has attracted significant ongoing interest from its target market of Fortune 500 companies, independent software developers and Web portal companies. As an example, Microsoft deployed an AlphaCONNECT technology called "Spotlight" to enhance its executive management Intranet. In addition to delivering a product that met Microsoft's specifications, AlphaCONNECT also created additional technologies and scalable consulting services that it now can customize to meet the needs of a wide range of companies across diverse industries enabling companies to jump start their entry into the Internet. "With the assistance of SalomonSmithBarney, we will determine how to take advantage of the many opportunities resulting from the increased interest in the AlphaCONNECT technology. Our aim is to maximize the full potential of AlphaCONNECT for the company and our shareholders," Tullio said. In June 1998, International Data Corporation (IDC) a leading IT market research firm based in Framington, Mass., released a research bulletin entitled "AlphaCONNECT: Turning Infoglut into Real-Time Knowledge". According to the bulletin, written by IDC analyst Michael Sullivan-Trainor, AlphaCONNECT is a kind of information management middleware solution that "not only acts on information but is capable of anticipating the acquisition of information, selecting it, sifting it, and organizing it, and then delivering it for immediate use to the appropriate application or applications." AlphaServ.com is dedicated to being a premier provider of true multi-vendor services to the IT marketplace, including on-site network support and nationwide on-call support through over 60 locations throughout North America. For more information, visit the company's Web site at www.alphamicro.com or www.alphaServ.com. AlphaCONNECT, a division of alphaServ.com, offers powerful foundation technologies for business intelligence software serving the Internet, Intranet, corporate information technology, and software development markets. Both alphaServ.com and its independent vendor partners use AlphaCONNECT to create awarded-winning business-to-business and consumer-based products. For more information, visit the company's Web site at www.alphaconnect.com. -0- KM/np* JV/np CONTACT: IR Strategies Connie McCluskey, 714/573-1115 E-mail: irstrat@aol.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *