ALYA International Responds to Increase in Share Price.VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 12, 1999-- Roger Mutimer, chief executive officer of ALYA International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ALYA), responded today to yesterday's 38 percent rise in the company's share price. "While there is no apparent explanation for the rise in our share price," said Mutimer, "the market may be recognizing how ALYA complements the technologies developed by the Echelon Corporation Echelon Corporation (NASDAQ: ELON) designs control networks to connect machines and other electronic devices, for the purposes of sensing, monitoring and control. ." Echelon's share price was up 64 percent yesterday. Echelon's LON LON Longitude LON League of Nations LON Local Operating Network LON Labyrinth of Nightmare (Yu-Gi-Oh cards) LON Launch on Need (International Space Station) LON London - All Airports Works(tm) technology has recently received wide attention and is considered to be the standard technology for building control systems. ALYA provides one of the only platforms that can bridge LON Works(tm) to the enterprise layer, which includes products such as Microsoft's Windows NT(tm) and other networking technologies. "By linking others' technologies," said Mutimer, "ALYA creates highly intelligent buildings and advanced interoperable solutions to meet the control and information needs of business and industry." ALYA International is listed on the OTC bulletin board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol ALYA. For further information, please call Roger Mutimer or Douglas Corbett at 604/528-9982 or toll free at 888/595-6444. Email inquiries: stock@alya.com. Website: www.alya.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum Offering Memorandum A legal document stating the objectives, risks, and terms of investment involved with a private placement. Notes: The private placement of hedge funds necessitates the issue of memorandums. or prospectus. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion