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Technology Stocks : UNICOMP (UCMP) -- Ignore unavailable to you. Want to Upgrade?

To: Citibob who wrote (1551)	6/17/1999 10:23:00 AM
From: Zoro	Read Replies (1) \| Respond to of 1608

Thread: Nice press release this a.m. Thursday June 17, 7:30 am Eastern Time Company Press Release Technology Partnership Results in Multi-Million Dollar Contract for UniComp Partnership to Capitalize on Burgeoning Windows NT Server Growth MARIETTA, Ga.--(BUSINESS WIRE)--June 17, 1999-- UNICOMP INC. (Nasdaq: UCMP - news), a provider of innovative business solutions, including software reengineering tools, today announced that UniComp's subsidiary, Unibol Inc., has signed a contract with one of the world's leading Enterprise-wide application software providers. Under the terms of the agreement, Unibol's UNIBOL400 for NT, will be utilized to facilitate the rapid development of an applications suite designed specifically for the fastest growing server platform, Windows NT. According to UniComp President and CEO, Stephen A. Hafer, the four-year multi-million dollar software and support contract is projected to contribute revenue in the mid-seven figure range with 60% of this revenue expected to be earned in the Company's current fiscal year ending February 28, 2000. The remaining 40% will be earned prorata over the next three years. The terms of the relationship and the identity of the partner are confidential. ''Unibol's role in this technology partnership is to provide a suite of component libraries extending the range of application services provided by Windows NT,'' said Unibol UK Managing Director, Ian Graham and Unibol U.S. President J. Patrick Henry. ''We believe this strategic partnership will greatly enhance our presence in the industry as we continue to deliver enterprise class NT technology solutions to major software developers and Fortune 2000 companies.'' According to Project Manager and Technical Architect Simon James, a 12-man development team has invested over 125 man years in the development leading up to the availability of UNIBOL400 for NT. ''UNIBOL400 for NT is a suite of application development and execution tools that provides a cost-effective solution allowing the deployment of applications on both the AS/400 and NT platform from a single set of source code,'' commented James. ''The product also offers independent AS400 software developers a fast-track approach to selling their existing software applications to a much broader market as the Windows NT platform is expected to account for over 35 percent of the server market by the year 2000,'' added James. About UniComp UniComp, Inc. develops, markets and supports software reengineering, vertical market applications and e-commerce payment processing systems for Windows NT and UNIX-based computer systems and point of transaction processors worldwide. The Company licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public-sector, point of sale and transaction processors. Additionally, the Company provides installation, training, and systems integration, serving a worldwide network of end user customers, dealers and distributors. UniComp employs over 400 staff worldwide and has over 50 distributors internationally, with over 30,000 installations in more than 55 countries. Please visit our World Wide Web site at unicomp.com for further information on UniComp. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 With the exception of historical information, the matters discussed in this news release relating to UniComp's ability to successfully provide product and on-going product support over the four-year length of the contract are forward looking statements that involve a number of risks and uncertainties pertaining to the acceptance of the service and the customer renewing the support contract on a yearly basis.