Year 2000 Wire/Viasoft to Offer Year 2000 Workbench for Spreadsheet and Database Applications; Enters Into Exclusive Agreement With AstraTek Inc.PHOENIX--(BUSINESS WIRE)--Jan. 26, 1998--Viasoft Inc. (Nasdaq/NM:VIAS VIAS Victorian Institute of Animal ScienceVIAS Visualization Information Archival/Retrieval Service (National Center for Supercomputing Applications) VIAS Vietnam Institute for America Studies ), a leading provider of business solutions to help companies manage and evolve their information assets, Monday announced it has entered into an agreement with AstraTek Inc. of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y. The agreement grants Viasoft exclusive worldwide rights to remarket AstraTek's VisualAudit family of software tools under the Viasoft label. The tools investigate and assist in fixing century compliance issues with spreadsheet and database applications. AstraTek is a software product development firm delivering advanced technologies to Fortune 1000 companies and financial institutions. "Viasoft is delighted to soon be offering AstraTek's products for the desktop," said Maurice C. Heiblum, executive director of distributed systems Distributed systems (computers) A distributed system consists of a collection of autonomous computers linked by a computer network and equipped with distributed system software. for Viasoft. "The tools are an excellent complement to our expanding desktop year 2000 solution." "AstraTek is very pleased to join with Viasoft in delivering the first comprehensive year 2000 solution that addresses the distributed computer environment," said Arion Kalpaxis, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of AstraTek. "This is a terrific combination. Great tools and a great organization, like Viasoft, with an unparalleled track record and expertise addressing the year 2000 problem Year 2000 problem, Y2K problem, or millennium bug, in computer science, a design flaw in the hardware or software of a computer that caused erroneous results when working with dates beyond Dec. 31, 1999. , will provide customers with a winning solution for the year 2000 and beyond." About AstraTek AstraTek, with headquarters in New York, offers a range of software products and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. that address the mission-critical, enterprisewide technical requirements of Fortune 1000 companies. Covering such areas as distributed environments, multi-tier client-server systems Client-server system A computing system that is composed of two logical parts: a server, which provides services, and a client, which requests them. The two parts can run on separate machines on a network, allowing users to access powerful server resources and object-oriented technology See object technology. , AstraTek's solutions evolved from its background in the financial industry, where rapid deployment and high reliability are critical factors in the success of new technologies. About Viasoft Viasoft is a leading provider of business solutions, consisting of integrated technology and specialized professional consulting services, designed to enable customers worldwide to cost-effectively manage and evolve their information technology assets. With headquarters in Phoenix, Viasoft provides sales and services through regional offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, the Asia/Pacific region and a growing network of international subsidiaries and distributors. For more information on Viasoft's products and services, visit the company's World Wide Web site at www.viasoft.com . The statements made in this news release that are not historical facts contain forward-looking information that involves risks and uncertainties. Important factors that may cause actual results to differ include, but are not limited to the impact of competitive products and services, risks associated with results and timing of technology development and commercialization, the company's ability to manage growth and acquisitions of technology or businesses, the effect of economic and business conditions, including risks inherent in international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and the ability to attract and retain technical personnel, and other risks detailed from time to time in the company's Securities and Exchange Commission filings. -0- Copyright 1998 Viasoft Inc. All Rights Reserved. Viasoft(R) is a registered trademark of Viasoft Inc. All product names are trademarks or registered trademarks of their respective companies. CONTACT: Viasoft Inc., Phoenix Judy L. Redman, 602/667-2849 judy_redman@viasoft.com |
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