Alpha Microsystems and ATS Money Systems Expand Services Agreement to Include T.J. Maxx and Others; Agreement Now Valued at Over $1 Million.SANTA ANA Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif.--(BUSINESS WIRE)--July 1, 1998--Alpha Microsystems (Nasdaq NM:ALMI ALMI Application Level Multicast Infrastructure ALMI Automated Listing and Mapping Instrument (US Census Bureau) ) Wednesday announced that its services group, AM Services Operation, has expanded its agreement with New Jersey-based ATS Money Systems Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ATSM ATSM At The Same Time ATSM Acute Traumatic Stress Management ATSM Area Technical Support Manager ) to provide maintenance and service for all of ATS' customers based in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The initial agreement, executed March 31, 1998, included over 600 sites of The Home Depot (NYSE NYSE See: New York Stock Exchange :HD) throughout North America. The expanded agreement includes over 570 retail sites of T.J. Maxx, a division of The TJX Companies Inc. (NYSE:TJX). Additional North America-based ATS customers who require onsite services will be rolled into the program under the terms of the expanded agreement. The entire agreement is expected to generate over $1 million in revenue for Alpha Microsystems over the remaining 18 months of the contract.(1) ATS develops and sells cash office management systems for the retail and banking industries. ATS retail clients include Target Stores;Ames Department Stores; Lowe's Companies Inc.; Kohl's Department Stores; Carson Pirie Scott Carson Pirie Scott & Co., known informally as Carson's, is a chain of traditional department stores that have been in business for over 150 years. Their product price points are targeted to the moderate-to-upscale shopper. & Co.; and Elder-Beerman. ATS bank clients include Loomis, Fargo & Company; Chase; and Chemical Bank. Gerard Murphy, president and chief executive officer for ATS commented: "As a result of the highly successful rollout of services provided by AM Services Operation for The Home Depot stores under our initial agreement, ATS has expanded the agreement to now include all North America-based ATS customers. AM Services Operation has impressed ATS with flawless response and dispatch capabilities, as well as excellent communication and follow-up procedures. "Alpha Microsystems has far surpassed expectations and therefore the decision was made to award AM Services Operation all ATS service and maintenance business." According to Randy Parks, vice president of Services for Alpha Microsystems: "The expanded agreement with ATS corresponds with our ability to swiftly implement successful programs that focus on the unique needs of customers using ATS currency management systems. The agreement is a direct reflection of our commitment to providing the highest level of expertise for the AM Services Operation client base." With over 50 North America locations, AM Services Operation is dedicated to providing superior computer services including consulting, maintenance and networking for public and private institutions of all sizes. Alpha Microsystems -- a 20-year-old, Santa Ana company -- also serves the Internet/intranet market through its AlphaCONNECT(R) division, which includes business-to-business software and technologies. For more information, visit the company's Web site at www.alphamicro.com. ATS Money Systems Inc., is engaged in the development, sales and service of currency counting systems running on DOS, UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). and Windows NT platforms for department and chain store cash offices. Its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Innovative Electronics Inc., is a major supplier to the retail marketplace, providing an end-to-end solution that integrates point-of-sale, in-store processing and host applications in a distributed computing environment See DCE. Distributed Computing Environment - (DCE) An architecture consisting of standard programming interfaces, conventions and server functionalities (e.g. naming, distributed file system, remote procedure call) for distributing applications transparently across networks . (1) Certain statements in this news release, including the statement that the entire agreement is expected to generate over $1 million in revenue for Alpha Microsystems over the remaining 18 months of the contract, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks and uncertainties, including (i) the continued need of ATS customers for the contracted services, (ii) the company's ability to successfully provide service within the terms of the agreement, and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
CONTACT: Porter, LeVay & Rose Inc.
Michael Porter, 212/564-4700
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