Business Services Industry
ALYA International Responds to Increase in Share Price
Business Wire, Jan 12, 1999
VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 12, 1999-- Roger Mutimer, chief executive officer of ALYA International, Inc. (OTC BB:ALYA), responded today to yesterday's 38 percent rise in the company's share price.
"While there is no apparent explanation for the rise in our share price," said Mutimer, "the market may be recognizing how ALYA complements the technologies developed by the Echelon Corporation." Echelon's share price was up 64 percent yesterday.
Echelon's LON Works(tm) technology has recently received wide attention and is considered to be the standard technology for building control systems. ALYA provides one of the only platforms that can bridge LON Works(tm) to the enterprise layer, which includes products such as Microsoft's Windows NT(tm) and other networking technologies.
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"By linking others' technologies," said Mutimer, "ALYA creates highly intelligent buildings and advanced interoperable solutions to meet the control and information needs of business and industry."
ALYA International is listed on the OTC bulletin board under the symbol ALYA.
For further information, please call Roger Mutimer or Douglas Corbett at 604/528-9982 or toll free at 888/595-6444. Email inquiries: stock@alya.com. Website: www.alya.com.
Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum or prospectus.
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