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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), 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, 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 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 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, 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 that address the mission-critical, enterprisewide technical requirements of Fortune 1000 companies.

Covering such areas as distributed environments, multi-tier client-server systems and object-oriented 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, 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 .

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 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
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 26, 1998
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