Alpha Microsystems signs on-site service contract with AMS Management Systems Group; potential in excess of $1.5 million in annualized revenues.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 10, 1996--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 its service group, 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. Services Organization (AMSO AMSO Army Model and Simulation Office AMSO American Medical Specialty Organization AMSO Aeromedical Safety Officer AMSO Association of Market Survey Organizations AMSO Ammunition Shipment Order AMSO Acquisition Management Staff Office ), has signed a contract that appoints AMSO an authorized service provider An Authorized Service Provider (ASP) is a third party person that has been cleared to work on a product that is still under warranty by another company without voiding the warranty. nationwide for certain IBM-based systems supplied by AMS AMS - Andrew Message System Services Inc. through its Simsbury, Conn.-based AMS Management Systems Group (AMS). AMS is a leading national supplier of software, networks and systems for independent insurance agencies. According to the announcement by Alpha Microsystems President and Chief Executive Officer Douglas J. Tullio, AMS has developed a maintenance program utilizing AMSO to provide on-site services for up to 1,100 multi-user systems and networks. AMS believes the benefits offered by this program are substantial and will be attractive to most of its users of these systems and networks. Alpha Microsystems intends to pursue aggressively signing service agreements with these users and estimates it could derive over $1.5 million in annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenue from the contract. Tullio commented: "This contract is a direct result of the strategic investments we have made to increase the marketing and sales efforts of AMSO to expand its third-party contracts and comprehensive networking services. While we have been selected for a number of other important third-party service opportunities, the agreement with AMS has the potential to be the largest we have signed to date. "AMS is the nation's foremost provider of agency management products and supporting software and services to independent insurance agents and the companies they represent," Tullio said. "Under this contract, we will be providing service for such product lines as Argo PC-based and networked systems, Gemini I & II systems and large-agency Sagitta systems. These systems run the gamut from PCs to RS6000s and require service that is flexible, national and cost-effective." Chris Magee, president of AMS Management Systems Group, commented: "We wanted to provide our users with an on-site service option that is both efficient and cost-effective. Working with AMSO, we are able to accomplish both goals. "AMSO has the required breadth and depth of services, together with a national presence and expertise developed over many years of service. They have combined these attributes with a cost structure that will allow us to provide our customers with rapid-response, on-site national service under a very attractive pricing structure." 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 and distributors. Alpha Microsystems has been in business for over 18 years and today has more than 40 locations, as well as third-party distribution channels worldwide. For information, contact the company's Web site at http://www.alphamicro.com. CONTACT: Allen & Caron/South Coast Communications Kent Broussard (investor relations Investor relations The process by which the corporation communicates with its investors. ) Owen Daley (media) 714/252-8440 |
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