Altris Software, Inc. Announces Altris EB Product Plan.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif.--(BUSINESS WIRE)--May 11, 1998--Altris Software, Inc., ("the Company") (NASDAQ/NMS: ALTSE) a leader in enterprise-wide document management solutions, today announced a revised projected schedule for the roll-out of its Altris EB product. Testing of the initial release of Altris EB in late 1997 determined that the product did not perform in a manner that the Company considered acceptable for production use. As a result, the product was withdrawn pending further evaluation. A large quality assurance and engineering team from the Company's San Diego and London London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. staffs convened in the United Kingdom to work on analyzing these problems. This led to a determination that certain portions of the product would require re-engineering re-engineering - The examination and modification of a system to reconstitute it in a new form and the subsequent implementation of the new form. http://erg.abdn.ac.uk/users/brant/sre. . The re-engineering effort is now sufficiently advanced that the Company anticipates a re-release of the product later this year based on the following projected schedule: Preview Release. The Company currently expects to complete a preview release of Altris EB in July July: see month. 1998. This version of the product would not be offered for use in a production environment, but would instead be made available to certain customers and partners of the Company to allow them to evaluate the product's functionality and to commence the development of applications for use with the product. Early Ship Program. The Company currently expects to release a version of the product for early shipment in December December: see month. 1998 for integration into the operating environments In computing, an operating environment is the environment in which users run programs, whether in a command line interface, such as in MS-DOS or the Unix shell, or in a graphical user interface, such as in the Macintosh operating system. of a limited number of Altris customers and partners. The purpose of this limited roll-out would be to confirm that the product is sufficiently robust to withstand current complex operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. environments. General Availability. The Company is currently projecting that Altris EB would be available for general distribution in the first quarter of 1999. This general release version of the product is expected to serve as a platform for additional functionality and features to be added in the future, including SmartPush technology. The Company continues to ship, support and enhance its award-winning Adj. 1. award-winning - having received awards; "this award-winning bridge spans a distance of five miles" Pro EDM (Engineering Data Management) An information system that maintains the details of all engineering data while the product is in the design and concept phase. This includes geometry and changes to geometry. See PLM. EDM - Electronic Data Management and TARGET products to its customer base and together with its partners, continues to provide solutions that are proven at numerous customer sites. "The Altris EB product has been received positively by Altris customers and analysts who have previewed the product's capabilities," stated Roger Erickson Erickson can refer to several persons:
All statements in this release relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the projected release schedule are forward looking statements that involve a number of risks and uncertainties, including changes in product requirements, uncertainties relating to the assessment of the time and effort required to complete the necessary engineering tasks required for release of the product, and the complexities of designing and developing technologically advanced products and features. There can be no assurances that the Altris EB product will be successfully released on the projected schedule. CONTACT: Altris John Low, Chief Financial Officer, 619/625-3000 or Lippert/Heilshorn & Associates Lillian Armstrong/Kris Otridge, 415/433-3777 |
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