Alpha Microsystems signs agreement with AccountingNet; AlphaCONNECT technology customized for the accounting market.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)--June 11, 1997--Alpha Microsystems (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM:ALMI ALMI Application Level Multicast Infrastructure ALMI Automated Listing and Mapping Instrument (US Census Bureau) ) Wednesday announced that it has signed an agreement to provide a customized version of its AlphaCONNECT StockVue software to AccountingNet of Seattle. AccountingNet is an online content provider that organizes accounting-related information found on the Internet's World Wide Web for an estimated target base of over 400,000 accountants and over 1 million accounting industry professionals. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the agreement, AccountingNet will distribute via download at its Web site a tailored version of StockVue that includes a built-in portfolio of the most watched companies in the accounting industry. StockVue, an advertising-supported implementation of the company's patent pending AlphaCONNECT technology, will be available at no charge to AccountingNet customers beginning June 15 at www.accountingnet.com . This customized version of StockVue is expected to add to the number of page turns that StockVue users are generating, thereby increasing the potential advertising revenues for Alpha Micro. In addition to the software, Alpha Micro has agreed to provide AccountingNet with a customized, Java-based stock ticker Stock ticker A letter designation assigned to securities and mutual funds that trade on US financial exchanges. that incorporates select indices chosen by AccountingNet. The ticker, which will also be available June 15, can be viewed at AccountingNet's homepage and, like the StockVue software, implements the AlphaCONNECT technology for personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. content delivery. According to Alpha Micro President and Chief Executive Officer Douglas J. Tullio: "Our agreement with AccountingNet is an example of Alpha Micro's ability to provide application-specific solutions to a variety of markets via our highly customizable AlphaCONNECT technology. Customizing StockVue for AccountingNet allows Alpha Micro to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. a sizable installed customer base that will potentially enhance advertising revenue through increased downloads and application usage." Derek Doke, president of AccountingNet commented: "AccountingNet's mission is to profitably create the most comprehensive and valuable asset on the Internet for the accounting community. Our users are constantly seeking relevant business resources; Alpha Micro's StockVue software will meet their requests to have a premier tool for tracking financial information on the Internet." About AlphaCONNECT StockVue StockVue is an application-specific implementation of the patent pending AlphaCONNECT data filtering and delivery platform technology. StockVue lets users personalize per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. content delivery of Internet-based stock and mutual fund quotes, charts, news, and SEC filings. Serving as a complete stock market management system, the desktop application can automatically format Internet-based information for Intuit's Quicken, Microsoft Word A full-featured word processing program for Windows and the Macintosh from Microsoft. Included in the Microsoft application suite, it is a sophisticated program with rudimentary desktop publishing capabilities that has become the most widely used word processing application on the market. and Excel, Lotus 1-2-3, and many other popular applications. In addition, StockVue lets users schedule information delivery to the desktop and allows for automatic notification via fax, e-mail or pager regarding changes in specific stock price and volume. About AccountingNet AccountingNet is a vertical market Web site that organizes accounting-related information found on the Internet's World Wide Web. Their system currently indexes more than 5,000 relevant links and houses over 250,000 unique pages of accounting related information, including industry news, research and resources. They also build custom Web sites for CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. firms and private associations. Online since December of 1995, AccountingNet's Web site (http://www.accountingnet.com) offers a broad base of free resources for the accounting industry, including CPA Link, the "Yellow Pages of Accounting" with more than 100,000 CPA listings searchable by geographic and professional area of expertise. About Alpha Microsystems Alpha Microsystems is a computer company founded in 1977 by Dick Wilcox and Bob Hitchcock. The first Alpha Micro computer was based upon the WD16 microprocessor chip from Western Digital. Alpha Microsystems serves the Internet and intranet markets through its software, services and technologies. The company also provides products and services such as consulting, maintenance, software, hardware and networking, both directly and through value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. and distributors. Alpha Microsystems has been in business for 20 years and today has over 40 locations, as well as third party distribution channels worldwide. For more information, contact the company's Web site at www.alphamicro.com . -0- Certain statements in this news release constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " 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, uncertainties 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: Allen & Caron Damon Wright (investors) Kari Rinkeviczie (media) 714/252-8440 allencaron@compuserve.com or Alpha Microsystems Denny Michael 714/641-6373 dmichael@alphamicro.com |
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