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IBM AND PARALLAN ANNOUNCE DEVELOPMENT ALLIANCE

 IBM AND PARALLAN ANNOUNCE DEVELOPMENT ALLIANCE
 WHITE PLAINS, N.Y., June 1 /PRNewswire/ -- IBM (NYSE: IBM) and


Parallan Computer, Inc. today announced the formation of a long-term development alliance designed to combine the client/server expertise of both companies to provide IBM customers with a continuous flow of leading-edge server technology.
 "We expect the IBM/Parallan alliance to provide industry leadership in network servers this year and in years to come," said Paul C. Mugge, vice president of development, Entry Systems Technology.
 Gianluca Rattazzi, president and co-founder of Parallan said that the alliance will catapult client/server technology to a new level of market acceptance. "IBM's and Parallan's system design expertise, vision and technology is an unbeatable combination," he said.
 IBM and Parallan will work together to define and develop enhancements to current products, future generations of server systems and new enterprise network software for use with these and other IBM products.
 The relationship between IBM and Parallan dates back to 1988. Parallan has provided IBM with development assistance in the past. Under the terms of the agreement, IBM will take a minority stake in Parallan. IBM obtains worldwide rights to market current products developed by Parallan and products resulting from the alliance in the future. IBM and Parallan will work together in the areas of product design, development, marketing, technical support and training.
 -0- 6/1/92
 /CONTACT: Tara Sexton, 914-642-4662, or Davis Fields, 212-230-5499 (June 2), or 415-335-3452, both for IBM/
 (IBM) CO: International Business Machines Corp.; Parallan Computer Inc ST: New York, California IN: CPR SU:


CK -- NY028 -- 5572 06/01/92 10:07 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 1, 1992
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