Altris Software, Inc. Announces Shipment of Altris EB.SAN DIEGO--(BUSINESS WIRE)--March 18, 1999--Altris Software, Inc., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ALTS ALTS Association for Local Telecommunications Services ALTS Aarhus Lawn Tennis Selskab (Denmark) ALTS Annotated Labeled Transition System ALTS Analogue Line Terminating Subsystem ALTS Automatic Laser Tracking System ), today announced shipment of Altris EB(TM) 11.0 to a number of customers and partners. The shipments were to a combination of existing and new customers for installation as production systems. The software is being delivered through the company's channel partners, as well as through the company's own direct sales team. Altris EB is the company's new third generation COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. based product that takes advantage of the latest Microsoft Backoffice See BackOffice. (R) technology, and is designed to provide a highly scalable, flexible and efficient environment for the most stringent deployment requirements. Altris EB can be utilized on Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. , Windows 98 and Windows 95 with both traditional and web-enabled desktops. George Dalinger, president of Prisma Imaging, one of Altris' reseller partners deploying Altris EB said: "We are very pleased to be installing Altris EB at one of our premier customers. EB's modern 3-tier architecture based on Microsoft Transaction Server A TP monitor for Windows NT servers from Microsoft that supports transaction-based applications on LANs, the Internet and intranets. It also serves as the infrastructure for a multi-tier system. It is used in the middle tier between the client and the database server. provides equivalent database security for index data as well as the physical document files. "EB is initially being installed in two applications at the customer site: within an engineering environment to manage large drawings and within a standard office environment to manage certain corporate legal documents." "Since the Altris EB Preview Release last year we have received very favorable reviews of EB from both customers and analysts alike -- particularly with regard to EB's use of transaction processing designed to ensure a very high level of data integrity and enterprise scalability. "We are very proud to be delivering to our customers the software they need to acquire, manage and distribute information and help them move towards developing a Knowledge Management enterprise," commented Roger Erickson, Altris' president and chief executive officer. Erickson added "The Company has experienced a reduction in incoming orders in recent months. We believe that many customers have elected not to purchase the Company's existing products because of the impending im·pend intr.v. im·pend·ed, im·pend·ing, im·pends 1. To be about to occur: Her retirement is impending. 2. commercial release of EB. With the release complete, Altris' sales team and partners will now be able to offer customers a product with the most up to date features and functionality developed to date by the Altris engineering team, which has devoted over four years primarily to the development of EB." "We are hopeful that the recently announced settlement of the securities class action lawsuits class action lawsuit A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax against the Company and the release of Altris EB will enable us to focus our efforts on meeting the needs of our customers," concluded Erickson. 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. Statement Except for historical information contained herein, the matters set forth in this release include forward-looking statements that are dependent on certain risks and uncertainties. These risks and uncertainties may cause actual results to differ materially from expected results and are described in detail in the Securities and Exchange Commission filings that have been made by the company. Altris Software, Inc. Based in San Diego, Altris Software delivers enterprise-wide document management software to its customers around the world. |
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