conomic Indicators are out Tuesday and 
are expected unchanged versus the prior month's increase of 0.2%. 

Wednesday's housing completions data will be compared 
to the previous reading of 1.49 million. The ABC/Money 
Consumer Comfort Index, which was at 23 last week, is out 
after the markets' close. 

Thursday's 7:30 a.m. CDT weekly jobless claims are 
expected to fall slightly to an estimated 310,000, versus 
the previous figure of 312,000, according to an FWN survey. 

Also on Thursday, April factory orders data is 
scheduled for release at 9 a.m. CDT, and expected to 
increase 1.5% versus the March increase of 0.3%. 

Weekly money supply figures also are due out Thursday. 

Friday sees the release of the May unemployment rate, 
forecast up 4.4%, versus the April increase of 4.3%. Non- 
farm payrolls are expected at 225,000, compared to the 
previous 262,000. April consumer credit, due out at the 
market's close, is expected up $4 billion, versus the prior 
reading of $1 billion. 

End 


a0605200391008152p03211202pr1401f1620ny-utgc-swiss-mkting3008152-16003206155-16
600048otc usa corporate telecommunications switzerland
601035utg+communications+intl+inc[(utgc)]
602189new+york_june1 otc_bulletin_board utgc company starfon consequently
utg_telecom_ag starfon_telecom_services_ag directel direclink
company's_direclink european security exchange_commission
620051UTGC ANNOUNCES NEW MARKETING CONCEPT IN SWITZERLAND
NEW YORK, June 1 /PRNewswire/ -- UTG Communications International Inc. 
(OTC Bulletin Board: UTGC) announced today that it will introduce new 
marketing strategies in Switzerland.  The marketing streamlining has 
begun in January 1998 in connection with the restructuring of the 
Company by its new management. 

The board has decided to change the brand name of the products offered 
in Switzerland to the registered name STARFON.  Consequently the name 
of the Company's subsidiary UTG Telecom AG has been changed to STARFON 
Telecom Services AG. 

The Company's telecommunications products will now be offered in 
Switzerland under the name STARFON.  The Company's principal products 
are its DIRECTEL and DIRECLINK services.  Under the brand name DIRECTEL 
the Company offers national and international traffic to retail and 
wholesale customers at considerable discounts. 

The Company's DIRECLINK service connects midsize and larger businesses 
with a fix line to the Company's switching centers and offers 
connectivity at a considerable discount. 

The existing customers will also receive the advantages of these highly 
competitive services immediately. 

These services have been provided successfully since January 1997 since 
the network was fully operational.  STARFON now continues to increase 
their ability to market these products to more customers with a large 
own sales force. 

STARFON intends further to introduce other telecommunication products 
in the near future such as calling cards and other value added 
services.  The Company believes that STARFON is well positioned and 
will play an important key role in Switzerland because of its customer 
base, the past market expertise and technical experience in this newly 
developing market. 

UTG Communications International Inc. (UTGC) is a European switched 
based reseller offering national and international long distance 
service to businesses and residential customers as well as selling 
wholesale to other carriers. 
 
    This release contains certain forward-looking statements which 
involve known and unknown risks, uncertainties and other factors not 
under the Company's control which may cause actual results, 
performance, achievements of the Company to be materially different 
from the results, performance of expectations implied by these 
forward-looking statements.  These factors include, but are not limited 
to, the limited liquidity of the Company, the limited operating history 
of the Company under its reorganized management team, as well as other 
risks detailed in the Company's periodic filings with the Security and 
Exchange Commission. 
 SOURCE  UTG Communications International Inc. 

-0-                             06/01/98 /CONTACT:  UTG Communications 
International, Investor Relations Dept., +41-1-438-88-00, or fax, 
+41-1-438-88-01/ 

(UTGC) 
 CO:  UTG Communications International Inc.; UTG Telecom AG; 

STARFON Telecom Services AG ST:  New Jersey, Switzerland IN:  TLS SU: 


a0605200391008152b11771202bw1401f1614epoch-internet3008152-16003206155-16
600069newsgrid business usa corporate computers electronics internet e-mail
602600business_editors high-tech_writers irvine_calif business_wire epoch_internet
tspeed los+angeles orange using_digital_subscriber_line dsl kbps mbps t-1 epoch
northern_california_bay_area isps southern_california businesses tcp/ip web
internet_explorer express local_exchange_carrier lec tspeed through
northpoint_epoch northern_california northpoint_communications clec ds-3
northpoint northern_calif brian_scholte epoch_internet ann_zeichner
northpoint_communications_inc founded epoch kbps t-3 points presence pops
virtual_private_networks vpns irvine_epoch_internet california northpoint_dsl
620071Epoch Internet Announces DSL Service in Los Angeles and Orange Counties
 IRVINE, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--Epoch Internet, a 
national Internet solutions provider, Monday announced that they are 
offering TSpeed(tm) -- their newest dedicated Internet access service 
-- in select cities within Los Angeles and Orange counties. 

Using Digital Subscriber Line (DSL) technology, TSpeed delivers 
dedicated access at scalable speeds from 160 Kbps to 1.5 Mbps (T-1). 

After Epoch's initial launch of DSL in the Northern California Bay 
Area earlier this year, Epoch continues to move ahead of the market by 
becoming one of the first Internet service providers (ISPs) to offer 
business-class DSL service in Southern California. 

TSpeed appeals to businesses that can no longer tolerate the inherent 
instability associated with non-dedicated, on-again/off-again dial-up 
connections, or who previously could not justify the investment of a 
fully dedicated line.  Businesses can connect single or multiple users 
by using existing phone lines or by connecting to existing TCP/IP local 
area networks.  TSpeed's flexibility allows a company to initially 
connect a few seats and simply add more seats and increase access speed 
as necessary.  Epoch fully manages the process of adding new seats and 
E-mail configurations without any interruption to the user's 
connectivity. 

TSpeed comes with a feature-packed set of capabilities that includes: 
dedicated access (users select from 160 Kbps to 1.5 Mbps) an E-mail 
address for each workstation, domain name registration 
(yourcompany.com), Web site set-up, browser software including Internet 
Explorer(tm) 4.0 & Outlook Express(tm), 24 x 7 customer support, use of 
all necessary equipment, and complete installation including standard 
inside wiring. 

DSL technology dramatically reduces the cost of the local loop 
telecommunications service, which typically costs $400-800 per month 
for dedicated Internet connections.  For as little as $35 a month, per 
seat (with unlimited user caps between $105-210), plus monthly Local 
Exchange Carrier (LEC) fees as low as $99, TSpeed delivers the most 
convenient way to get fast, permanent connections with easily 
affordable monthly rates. 

Through its partnership with NorthPoint, Epoch successfully launched 
its DSL services in Northern California earlier this year. Epoch 
continues to partner with NorthPoint Communications, a national 
competitive local exchange carrier (CLEC) focused on delivering 
dedicated data in the local loop, to deploy DSL services in both Los 
Angeles and Orange counties. 

Epoch will initially maintain a DS-3 link to NorthPoint's central 
network, which connects multiple central switching offices throughout 
Southern California.  TSpeed will be available in multiple cities 
throughout Southern California and will expand to more cities 
throughout 1998. 

"After successfully launching TSpeed with NorthPoint in Northern 
Calif. we are pleased to be able to continue our partnership with them 
as we expand our deployment of DSL services," said Brian Scholte, 
director of product management, Epoch Internet.  "NorthPoint's ability 
to move quickly has been instrumental to us in bringing low-cost, 
high-speed, permanent Internet access to businesses of every size." 

"We are extremely pleased to be able to continue our partnership with 
a premier solutions provider like Epoch to help us bring the benefits 
of DSL technology to small to medium-sized business customers," said 
Ann Zeichner, vice president of sales and marketing at NorthPoint.  "We 
look forward to working with Epoch as we continue to expand our DSL 
services nationwide."  About NorthPoint Communications Inc. 

NorthPoint Communications is a new breed of telecommunications carrier 
focused exclusively on delivering dedicated data to the local exchange 
through wholesale agreements with service provider partners nationwide. 
Founded by an experienced team of data communications and 
telecommunications professionals, NorthPoint is ushering in a new era 
in local service designed to satisfy the needs of both backbone service 
providers and their business customers.  NorthPoint has architected its 
network and support systems to the highest standards of performance, 
efficiency, and reliability, and offers a range of value-added 
solutions for business-to-business data connectivity.  About Epoch 
Internet 

Founded in 1994, Epoch offers high-speed, dedicated access products 
(56 Kbps to T-3) and analog dial-up access coast-to-coast from more 
than 173 Points of Presence (POPs).  A full service solutions provider, 
Epoch also provides Web site and E-mail hosting; server co-location; 
firewalls and Virtual Private Networks (VPNs); e-commerce solutions; 
and an entire spectrum of brandable Internet services for 
telecommunications companies.  With headquarters in Irvine, Epoch 
Internet operates local offices throughout California, as well as 
offices in Atlanta, Chicago, Dallas, Denver, Seattle, Tampa and 
Washington D.C.  Epoch can be reached at 888/77-EPOCH or 
http://www.eni.net.    

NorthPoint Communications and NorthPoint DSL are service marks of 
NorthPoint Communications Inc.  Other trademarks, service marks, and 
trade names belong to their respective owners. 

-0- JS/np*  ms/sf 

CONTACT:  Epoch Internet 
           Nancy McHugh, 714/862-8383 

pr@eni.net 
             or 

Gallagher Public Relations 
           Kristi Kilpatrick, 510/749-6800 

kristi@gpr.com 

KEYWORD:  CALIFORNIA 
 INDUSTRY KEYWORD:  COMPUTERS/ELECTRONICS COMED PRODUCT 
INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business 
Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a1008152p07731202pr1401f1618co-meteor-acquires3008152-16003206155-16
600037newsgrid nyase business usa corporate
601021meteor+ind+inc[(mte)]
602012denver_june1
620055METEOR INDUSTRIES, INC. ACQUIRES TRI-VALLEY GAS COMPANY
DENVER, June 1 /PRNewswire/ -- Meteor Industries, Inc. (Amex: MTE) 
announced today that it has successfully consummated its transaction  
to acquire all of the outstanding shares of Tri-Valley Gas Company 
("Tri-Valley") for cash in the amount of $2.4 million in cash and a 
$600,000 promissory note. Tri-Valley is a petroleum marketing and 
distribution company doing business in Colorado.   Tri-Valley's annual 
revenues exceed $15 million and the annual revenues of the combined 
companies are expected to exceed $130 million. Tri-Valley will be 
operated by as a separate subsidiary. 

Edward J. Names, President of Meteor Industries, Inc. stated, "The 
Tri-Valley acquisition will not only increase Meteor's revenues and 
cash flow, but it has set the stage for Meteor to become a significant 
propane distributor in the Rocky Mountain Region of the United States.  
Tri-Valley's propane volume exceeds 3,000,000 gallons per year, taking 
Meteor's total propane volume to approximately 10,000,000 annual 
gallons." 

Meteor is engaged in the business of marketing and distributing refined 
petroleum and related products and is a leading consolidator of 
petroleum marketing companies in the Rocky Mountain Region and the 
Western United States. 

For further information contact Meteor Industries, Inc., Edward J. 
Names, President or Dennis Staal at 216 16th Street, Suite 730, Denver, 
Colorado 80202, or call (303) 572-1135. 
 SOURCE  Meteor Industries, Inc. 

-0-                             06/01/98 /CONTACT:  Edward J. Names, 
President, or Dennis Staal, of Meteor Industries, Inc., 303-572-1135/ 

(MTE) 
 CO:  Meteor Industries, Inc.; Tri-Valley Gas Company ST:  Colorado 
IN:  OIL SU:  TNM 


a0605200391008152b11781202bw1401f1618harvard-scientific3008152-16013206155-16
600066newsgrid nyase business otc usa corporate biotechnology nevada fda
601116harvard+scientific+corp[(hvsf)] pfizer+inc[(pfe)] zonagen+inc[(zona)]
pharmacia&upjohn+inc[(pnu)] vivus+inc[(vvus)]
602264business_editors/health&medical_writers lake_mary_fla business_wire otc_bul_bd
hvsf drug_administration phase_i phase_ii lead_clinical_investigator e-1
approximately_30-million medical_director clinical_affairs
phase_ii_clinical_studies new_drug_application nda
620090Harvard Scientific Receives FDA Ok for Immediate Initiation of Phase II
Clinical Trials
 LAKE MARY, FLA. (June 1) BUSINESS WIRE -June 1, 1998--Harvard 
Scientific Corp., (OTC Bul Bd:HVSF) a Nevada corporation, announced 
today that it has received notification from the U.S. Food and Drug 
Administration ("FDA") that their review of the company's Phase I 
submission data has been completed and the company may initiate Phase 
II clinical trials for its male erectile and sexual dysfunction 
treatment product. 

Dr Irwin Goldstein, the company's Lead Clinical Investigator will 
supervise the trials which will begin immediately. The Phase II trials 
are a multicenter, dose-ranging, randomized, placebo-controlled study 
of the company's patented intrameatal application of lyophilized 
liposomal delivery of prostaglandin E-1 for treatment of male erectile 
and sexual dysfunction. Approximately 30-million men within the U.S. 
alone suffer from some form of this disorder and industry analysis 
project that this market currently estimated to exceed $1-billion, will 
rapidly expand as additional and affordable "user-friendly" treatment 
products are approved. 

Darryl M. See, MD, the company's Medical Director of Clinical Affairs 
said, "The FDA's approval for immediate institution of Phase II 
Clinical Studies moves the company rapidly forward toward a New Drug 
Application ("NDA") for its patented local treatment of male erectile 
dysfunction. We believe this painless local treatment, which avoids the 
unpleasant and potentially life threatening side effects of a 
systemically administered agent such as oral medication therapies, 
should revolutionize the treatment of male erectile dysfunction." 
Pfizer Inc. (NYSE:PFE) received FDA approval in March, 1998, for its 
oral treatment product and Zonagen Inc. (NASDAQ:ZONA) has developed an 
oral treatment product as well. 

Dr See further stated, "the company's clinical team under the direction 
of Dr. Irwin Goldstein is composed of nationally renowned investigators 
in the field of male erectile dysfunction and will move us rapidly and 
competently toward pivotal Phase III trials. I am also encouraged by 
the fact that the FDA's notification also requested the company to 
initiate concrete plans for these pivotal trials within Phase III 
protocol submission which is currently being designed by the company. 
This will propel this product into the marketplace in the most 
expeditious manner possible. 

The company's president and CEO, Thomas E. Waite stated, "this is a 
tremendous milestone for Harvard Scientific Corp. and its shareholders 
as it offers validation that the company's product has merit as a 
viable treatment product for the many individuals that suffer from male 
erectile and sexual dysfunction. The company is confident that its 
product will become the treatment of choice by the patient due to its 
painless delivery method and its ability to be stored at room 
temperature for prolonged periods of time, rendering it more portable 
than alternative, locally administered treatment products that are 
currently available. Additionally, the timing of the FDA's notification 
could not be more perfect as the AUA ("American Urological 
Association") conference is scheduled to begin this morning in San 
Diego." 

Prostaglandin E-1 is a naturally occurring vasodilator originally 
approved by the U.S. Food and Drug Administration for intravenous 
infusion in neonates. In 1995, PGE-1 was approved by the FDA for use in 
Pharmacia & Upjohn Inc.'s (NYSE:PNU) Caverject(R), which is 
administered by needle injection as a treatment for male erectile 
dysfunction. In November 1996, Vivus, Inc.'s (NASDAQ:VVUS) MUSE(R) 
delivery system was approved by the FDA. Recently, the FDA approved 
PGE-1 again by needle administration via Edex(R), (Schwartz-Pharma). 
The company believes that its product represents a substantial 
treatment advantage over other delivery systems currently being 
utilized in the industry. 

From time to time the company may issue forward looking statements 
which involve risks and uncertainties. This statement may contain 
forward looking statements within the meaning of Section 27A of the 
Securities Act of 1933, as amended, and Section 21E of the Securities 
Exchange Act of 1934, as amended. Actual results could differ and any 
forward looking statements should be considered accordingly. 

-0- bh/ny*  rg 

CONTACT:  Ira Miller 
           I.W. Miller & Co. 

(714) 833-9001 
           or 

Hal Schweig 
           Martin E. Janis & Co. 

(312) 943-1100 
           or 

Michael Snell 
           Harvard Scientific Corp. 

(407) 324-1606 
           www.harvardscientific.com 

KEYWORD:  FLORIDA 
 INDUSTRY KEYWORD:  MEDICINE PHARMACEUTICAL BIOTECHNOLOGY  Today's 
News On The Net - Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152r02231202fu1401f3008152-16013206153-16
600022newsgrid usa commodity
602148currency table chicago-june_1-fwn_high_low_and_spot_prices_for_the cdt
high_low_spot canadian swiss deutsche japanese french australian british n/a
620020CASH CURRENCY PRICES
Chicago-June 1-FWN--HIGH, LOW AND SPOT PRICES FOR THE 
major world currencies, as quoted by major world banks at 
8:25 a.m. CDT. 

--  --  --  --     High          Low              Spot 
Canadian dollar   1.4582        1.4532           1.4548 
Swiss franc       1.4850        1.4767           1.4782 
Deutsche mark     1.7853        1.7749           1.7833 
Japanese yen      139.70        138.42           139.52 
French franc       5.993         5.952            5.981 
Australian dollar  .6244         .6171            .6169 
British pound     1.6368        1.6278           1.6357 

N/A = Not available 


a1008152p07741202pr1401f1620ca-cal-assoc-realtor3008152-16013206155-16
600031newsgrid business usa corporate
602337megan's_law_clarification_sb_1989 polanco passes_senate sacramento_calif june1
sb_1989 megan's_law california_association realtors sb_1989 realtor tim_corliss
passage california corliss california_apartment_association prospective
legislative_counsel assembly_judiciary_committee los+angeles pr_newswire
source_california_association
620051IN A VICTORY FOR CALIFORNIA HOMEOWNERS AND RENTERS,
      Megan's Law Clarification SB 1989 (Polanco), Passes Senate 

SACRAMENTO, Calif., June 1 /PRNewswire/ -- By a vote of 22 to 6, SB 
1989 (Polanco), Megan's Law legislation sponsored by the California 
Association of REALTORS(R), passed the California State Senate 
Thursday, May 28, 1998. 

SB 1989 is designed to inform prospective tenants and homebuyers about 
the availability of registered sex offender database information from 
law enforcement.  The bill guarantees that potential homeowners and 
renters are alerted to the availability of this information in a 
consistent and uniform fashion by a standardized notice in  real estate 
transaction documents. 

"The presence of a sex offender in a neighborhood can become a critical 
issue in a real estate transaction, whether a REALTOR(R) represents the 
buyer or seller," said Tim Corliss, president of C.A.R.  "Passage of SB 
1989 is a victory for all concerned citizens in California by providing 
a method for REALTORS(R) to assist law enforcement in getting the word 
out about Megan's Law." 

Once the prospective tenant or buyer has been informed, then neither 
the owner nor landlord nor their agent is required to provide any 
additional information and the notice given is adequate to satisfy 
their obligations in this regard. 

"C.A.R. is proud to sponsor SB 1989 (Polanco) to complete in California 
the process begun with Megan's Law at the federal level," Corliss said. 
"Its passage will make all of our communities safer for our children." 

C.A.R. rejected amendments offered by the California Apartment 
Association to remove rental properties from the scope of SB 1989. 

"Prospective tenants have a right to a notice that registered sex 
offenders information is available from local law enforcement," said 
Corliss. "And Legislative Counsel has opined that SB 1989 does not 
create any new legal duties for landlords." 

SB 1989 now goes to the Assembly Judiciary Committee for approval. The 
California Association of REALTORS(R) (http://www.car.org) is one of 
the largest state trade organizations in the United States, with more 
than 90,000 members dedicated to the advancement of professionalism in 
real estate. C.A.R. is headquartered in Los Angeles. 

C.A.R. releases may also be retrieved by calling the PR Newswire 
fax-on- demand service at: 1-800-758-5804, ext. 131489. 
 SOURCE  California Association of REALTORS(R) 

-0-                             06/01/98 /CONTACT:  Mark Giberson of 
California Association of Realtors, 213-739-8304, or 
mark_giberson@car.org/ 

/Company News On-Call:  http://www.prnewswire.com or fax, 800-758-5804, 
ext. 131489/ 

/Web site:  http://www.car.org/ 
 CO:  California Association of REALTORS(R) ST:  California IN:  RLT 
SU:  LAW 


a0605200391008152p03221202pr1401v1617mi-aids-fund-walk3008152-16013206155-16
600043newsgrid business usa corporate health+care
620055KATE SHINDLE, MISS AMERICA 1998, KICKS OFF ANNOUNCEMENT
                    Of Ten-City Michigan AIDS Walk 

WHO:  Kate Shindle, Miss America 1998, who is currently traveling 
around the nation communicating her platform on HIV awareness and 
prevention, will host a news conference in Lansing, Mich.  She will be 
joined by the state's leading AIDS activists. 
 
    WHAT:  The news conference is to unveil the details of AIDS Walk 
Michigan, the state's largest grassroots AIDS fundraiser in September 
1998 taking place for the first time ever in ten cities simultaneously: 
The 1998 sites are: Ann Arbor, Benton Harbor/St. Joseph, Detroit, Grand 
Rapids, Holland/Saugatuck, Kalamazoo, Lansing, Muskegon, Port Huron and 
Traverse City.  AIDS Walk Michigan is a joint project between the local 
walk producers and Michigan AIDS Fund. 
 
    WHERE:  The news conference will be held at Lansing Center, 
Meeting Rooms 103-104, 333 E. Michigan Ave, Downtown Lansing, Michigan. 
 
    WHEN:  Wednesday, June 3, 1998, 10 a.m. 
 
    CONTACT:  John Joanette, Coordinator of AIDS Walk Michigan, 
248-399-5212, or 888-791-WALK. 
 SOURCE  Michigan AIDS Fund 

-0-                             06/01/98 /PRNewswire -- June 1/ 
 CO:  Michigan AIDS Fund ST:  Michigan IN:  HEA SU: 


a0605200391008152b01401202bw1401f1612bay-networks3008152-16013206155-16
600059newsgrid nyase business usa corporate computers electronics
601023bay+networks+inc[(bay)]
602069business_editors/computer_writers santa_clara_calif business_wire inc
620131Bay Networks Extends ATM Solution with New  High-Performance Modules;
High-Density OC-12 Now Shipping for System 5000BH Platform
SANTA CLARA, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--Bay Networks, 
(R) Inc. (NYSE: BAY) today announced two new ATMSpeed(TM) 622 OC-12 ATM 
switching modules for its award-winning System 5000(TM)BH LAN-ATM 
platform, which provides comprehensive ATM, Ethernet, Fast Ethernet and 
Token Ring switching LAN and backbone media support. 

The new modules extend the capabilities of the System 5000BH platform, 
providing high-capacity OC-12 connections for ultra high-density wiring 
closet risers, medium-sized network centers, and high-performance, 
cross-campus applications. 

ATM offers the scalability, low-latency, fault-tolerance, and 
load-balancing capabilities to satisfy the ever-increasing bandwidth 
demands and stringent application intelligence requirements of 
mission-critical and multimedia applications. The introduction of both 
single-mode and multi-mode OC-12 modules with on-board Master Control 
Processor (MCP) capabilities is further proof of Bay Networks' 
experience and expertise in building large, resilient switched ATM 
backbone networks. 

The new single-port modules leverage proven Centillion(TM) switching 
software, featuring application intelligent filtering, prioritization 
and QoS guarantees; redundant LANE (LAN Emulation) services; and 
multi-homed, load-sharing riser and inter-switch connectivity. The new 
ATMSpeed 622 modules also support the PNNI (Private Network to Network 
Interface) dynamic topology protocol, further streamlining the 
performance, management and configuration of large enterprise networks. 

"Providing OC-12 support for our award-winning System 5000BH ATM 
platform enables our customers to continue leveraging the resiliency, 
scalability and performance benefits of ATM in their networks," said 
Joe Kennedy, vice president of Bay Networks' Switching Products 
Division. "Our ATM customers look for integrated system solutions, and 
these extended OC-12 capabilities bring even tighter integration across 
our entire ATM solutions set, strengthening the alignment of the System 
5000BH and Centillion 1000 platforms."  About the System 5000BH and 
OC-12 

Bay Networks' System 5000BH switching platform supports up to 240 Token 
Ring 4/16/32 ports, 240 10/100 autosensing Ethernet ports, 48 OC-3c ATM 
ports, and up to 12 OC-12c ports, or a combination thereof. Teaming the 
new OC-12 modules with the Model 5782 Centillion Multiprotocol Engine 
also provides OC-12 622Mbps connectivity to ATM virtual network routing 
and Multiprotocol over ATM (MPOA) server functionality via the System 
5000BH's internal backplane. 

The new modules also provide Network to Network Interface (NNI) 
redundancy with multi-homed, load-sharing links between System 5000BH 
platforms and/or the Centillion 1000 network center switch, furthering 
support for mission-critical networking environments.  Pricing and 
Availability    

            The new ATMSpeed OC-12 modules are expected to begin shipping 
this month and will be list priced as follows: 
 
           -- ATMSpeed 622 Model 57622M-MM Multi-Mode OC-12 MCP module -- 
              $7,995; 
 
           -- ATMSpeed 622 Model 75622M-SM Single Mode OC-12 MCP module -- 
              $12,995. 

Bay Networks is also planning to introduce OC-12 functionality 
for the company's Centillion 100 and Centillion 50 LAN-ATM switching 
platforms later this calendar year.  About Bay Networks -- Where 
Information Flows(TM)  

Bay Networks Inc. (NYSE:BAY) is a leader in the worldwide networking 
market, providing a complete line of products that serve corporate 
enterprises, services providers, and telecommunications carriers. The 
company offers frame relay and ATM switches, routers, shared media, 
remote and Internet access solutions, IP services and network 
management applications, all integrated by Bay Networks' Adaptive 
Networking strategy. 

With headquarters in Santa Clara, Calif., Bay Networks markets its 
products and services around the world, providing 7x24 support 
coverage. For additional information, visit the company's World Wide 
Web site at http://www.baynetworks.com or call 800-8-BAYNET. 

This release, other than historical financial information, contains 
forward-looking statements that involve risks and uncertainties. These 
statements may differ materially from actual future events or results. 
For instance, factors which could cause results to differ from future 
events include the timing of customer orders, the rate of adoption of 
new technologies in the data networking market, and competitive pricing 
actions, among others. 

Readers are referred to the documents filed by Bay Networks with the 
S.E.C., specifically the most recent reports on forms 10-K and 10-Q, 
which identify important risk factors which could cause actual results 
to differ from those contained in the forward-looking statements.    

Note to Editors: Bay Networks is a registered trademark and Accelar, 
ATMSpeed, Bay Networks -- Where Information Flows, Centillion and 
System 5000 are trademarks of Bay Networks, Inc. Other brand and 
product names are registered trademarks or trademarks of their 
respective holders. 

-0- sy/sf* 

CONTACT:  Bay Networks 
           Erin Curtis, 408/495-3619 

ecurtis@baynetworks.com 
            OR 

FitzGerald Communications 
           Stacy Breines, 415/951-4738 

sbreines@fitzcomm.com 

KEYWORD:  CALIFORNIA 
 INDUSTRY KEYWORD:  COMPUTERS/ELECTRONICS COMED 
INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT  Today's News On The Net - 
Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152p03231202pr1401f1618va-naa-real-estate3008152-16013206155-16
600058newsgrid business usa corporate publishing canada internet
602337vienna_va june1 realfind_usa newspaper_association america naa
targeted_marketing_services_inc tmsi realfind realfind-member naa_president web
member tmsi_mover's_guides welcome_kits newton_upper_falls_mass mover's_guide
usps welcome_kit tysons_corner association information
association's_world_wide_web source_newspaper_association
620060NAA ALLIANCE STRENGTHENS ITS REAL ESTATE INFORMATION SERVICE
VIENNA, Va., June 1 /PRNewswire/ -- RealFind USA, the Newspaper 
Association of America's (NAA) real estate information marketing 
service, has entered into an alliance with Targeted Marketing Services 
Inc. (TMSI) to handle requests and solicit national advertising for 
RealFind information packets. 

Under this agreement, TMSI assembles and ships newspaper real estate 
sections and other market information to consumers who contact 
RealFind. The 143 RealFind-member newspapers will continue to sell and 
keep revenue from local inserts. 

"RealFind has grown even more quickly than we anticipated," said NAA 
President and CEO John F. Sturm.  "This agreement raises RealFind to 
new levels of reach, frequency and value." 

RealFind provides a toll-free number and Web site that consumers can 
contact with their name, address, phone and city where they're planning 
to move. The next day, they re-sent a package containing current real 
estate advertising, including classifieds and special home publications 
from newspapers in their destination markets, as well as targeted 
national advertising inserts. Member papers devote at least 40 inches 
of advertising each week to the program and sell local advertising 
inserts. 

The new arrangement allows newspapers to provide the names of people 
who contact RealFind to local real estate agents, unless the consumer 
opts out of further communication when the request for the information 
packet is made. 

In a related effort, RealFind and TMSI plan to conduct a pilot program 
to gage the viability of including newspaper subscription offers in 
TMSI Mover's Guides and Welcome Kits. 

TMSI of Newton Upper Falls, Mass., is a national leader in move-related 
services. It publishes the U.S. Postal Service's official 
change-of-address vehicle, the Mover's Guide, and the USPS's official 
address change confirmation notice, the Welcome Kit. 

NAA is a nonprofit organization representing the $51-billion newspaper 
industry and more than 1,700 newspapers in the U.S. and Canada. Most 
NAA members are daily newspapers, accounting for 87 percent of the U.S. 
daily circulation. Headquartered in Tysons Corner (Vienna, Va.), the 
Association focuses on five key strategic priorities that affect the 
newspaper industry collectively: marketing, public policy, diversity, 
industry development and newspaper operations. Information about NAA 
and the industry may also be found at the Association's World Wide Web 
site on the Internet (www.naa.org). 
 SOURCE  Newspaper Association of America 

-0-                             06/01/98 /CONTACT:  Debra Gersh 
Hernandez, NAA Director of Public Relations, 703-902-1737, E-mail: 
gersh@naa.org or Web site: www.naa.org/ 

/Web site: http://www.naa.org/ 
 CO:  Newspaper Association of America; Targeted Marketing Services 
Inc. ST:  Virginia, Massachusetts IN:  PUB RLT SU: 


a1008152r06841202fu1401f3008152-16013206153-16
600033newsgrid usa commodity grain usda
602064table washington-june_1-fwn_crop_progress_for_the_week_ended fwn
620038ADVISORY: CROP PROGRESS REPORT DELAYED
Washington-June 1-FWN--CROP PROGRESS FOR THE WEEK ENDED 
May 31, 1998, is delayed today due to technical 
difficulties, according to a USDA source. 
     FWN will transmit this information when it becomes 
available. 


a0605200391008152r02241202fu1401f3008152-16013206153-16
600028newsgrid usa commodity grain
602111$1 comments corn wheat soybeans soymeal soyoil
chicago-june_1-fwn_grain_futures_are_called_to_open u.s.midwest
620037EARLY CBT GRAIN FUTURES CALLS: WEAKER
--Corn called 1/2 cent to 1 cent weaker 
--Wheat called 1/2 cent to 1 cent weaker 
--Soybeans called 2 cents to 4 cents weaker 
--Soymeal called steady to 50 cents weaker 
--Soyoil called steady to 5 points weaker 

Chicago-June 1-FWN--GRAIN FUTURES ARE CALLED TO OPEN 
steady to weaker, based on continued conducive crop 
weather in the U.S. Midwest this week. A lack of fresh news 
and a bearish trend may also pressure the market. 


a1008152b04041202bw1401f1613la-vida-llena3008152-16013206155-16
600039newsgrid business usa corporate banking
602378business_editors albuquerque business_wire agreement principle chapter_11
usa_bankruptcy_code buddy foitik los+angeles_vida_llena through residents city
approval city_council series_1993_a_b los+angeles_vida_llena's jacobvitz
stated_foitik founded first_presbyterian_church cathedral_church john episcopal
first_methodist_church paul_lutheran_church_la_vida_llena new+mexico
620135La Vida Llena to Improve Financial Viability  Through Bond Refinancing;
Bondholder Agreement Contemplates Consensual Chapter 11 Plan
ALBUQUERQUE (June 1) BUSINESS WIRE -June 1, 1998--La Vida Llena 
LifeCare Retirement Community Monday announced that it has signed an 
Agreement in Principle with the holders of a majority of its 
outstanding bonds to refinance existing tax-exempt bond obligations. 

The refinancing is to be accomplished through a pre-negotiated 
consensual reorganization plan under Chapter 11 of the United States 
Bankruptcy Code. 

La Vida Llena Board Chairman H.D. (Buddy) Foitik stated that operations 
of the community will continue as usual. 

"The plan will assure La Vida Llena's continued normal operations.  
There should be no change in personnel or services," said Foitik.  "La 
Vida Llena has always maintained sound day-to-day operations. 

"Through this procedure, La Vida Llena will be repositioned for 
long-term financial stability.  Residents and families will experience 
no change in the high quality of comprehensive senior living services." 

Foitik also pointed out that no payroll or vendor accounts will be 
affected. 

"The plan will specifically provide for full cash payment to all 
vendors, suppliers and staff." 

The consensual bond refinancing will reduce overall bond indebtedness, 
debt service and interest rates.  The bonds are not an obligation of 
the City of Albuquerque, and will not be paid from City funds. Approval 
by the City Council will be necessary for issuance of the new bonds, 
but is expected. 

La Vida Llena's outstanding bond debt consists of approximately $50 
million principal amount comprising three-tiered series of bonds, 
referred to as Series 1993 A, B, and C bonds.  While La Vida Llena has 
operated smoothly, the board realized that eventually the debt would 
not be retired through the organization's normal level of revenues and 
that a restructuring is necessary. 

La Vida Llena's Attorney Robert Jacobvitz said, "La Vida Llena's 
overriding concern is to protect its present and future residents under 
a plan that makes sense to the bondholders.  The type of refinancing 
that has been agreed upon in principle between La Vida Llena and the 
majority bondholders requires a Chapter 11 filing for implementation, 
and allows La Vida Llena to move forward quickly to accomplish the 
refinancing. 

"The Chapter 11 filing is not the beginning of La Vida Llena's 
refinancing effort.  It follows extensive negotiations with the 
majority bondholders," stated Jacobvitz.  "It's also important to 
realize that the Chapter 11 situation will be temporary.  We anticipate 
that La Vida Llena will successfully emerge from Chapter 11 within 
about 90 days after the filing.  The City of Albuquerque is then 
expected to issue the new bonds." 

Stated Foitik, "Once this is behind us, we look forward to an 
environment free from intermittent concerns about our debt structure." 

La Vida Llena LifeCare Retirement Community is Albuquerque's premier 
full-service retirement community.  Founded in 1983 by four Albuquerque 
churches -- First Presbyterian Church, the Cathedral Church of St. John 
(Episcopal), First Methodist Church and St. Paul Lutheran Church -- La 
Vida Llena is an independent, nonprofit New Mexico corporation, with 
about 190 employees and serving nearly 400 residents. 

-0- dlc/ix* 

CONTACT: Jacobvitz, Thuma & Matthews 
        Robert Jacobvitz, 505/766-9272 

KEYWORD: NEW MEXICO 

INDUSTRY KEYWORD: MEDICINE BANKING REAL ESTATE  Today's News On The Net 
- Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152b11791202bw1401f1612veronex-tech3008152-16013206155-16
600039otc usa corporate computers electronics
601041[(agcr)] veronex+technologies+inc[(vxtk)]
602071business_editors irvine_calif business_wire the_board directors veronex
620122Year 2000 Wire/ Veronex Announces New Strategic Alliance; Veronex
Announces License Agreement With AGISS Software Corp.
 IRVINE, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--The Board of 
Directors of Veronex Technologies Inc. ("Veronex") (OTCBB:VXTK) Monday 
announced that it has signed a five year Strategic Alliance Agreement 
(the "Agreement") with AGISS Software Corp. ("AGISS")(OTCBB:AGCR) to 
license the use of Veronex's complete I/NOVA System, an ITAA 2000 
Certified Y2k solution. 

The Agreement provides an exclusive territory to AGISS for the Ontario 
and Quebec provinces of Canada for the period up to Dec. 31, 1999. 

The terms of the Agreement call for AGISS to pay a one time license 
fee and to permit Veronex to share in gross revenues generated from the 
use of the I/NOVA System. 

AGISS is a provider of automated conversion tools and services in 
Canada to solve the Year 2000 computer problem across many different 
platforms.  AGISS has agreed to offer the I/NOVA System exclusively to 
its customers as the best of breed methodology for solving the Year 
2000 problem in COBOL based legacy systems. 

"The strategic relationship with AGISS offers Veronex the opportunity 
to put its I/NOVA System into use to help solve the critical Year 2000 
('Y2k') problem in Canada," said Thomas Price, president. 

"The I/NOVA's Y2k solution, the DataCentric Analyzer, with its 
automated analysis and repair capability, which are all ITAA certified, 
offers corporations in and the government of Canada their best chance 
to fix their Y2k problems before they begin to experience mission 
critical software systems failures." 

"AGISS selected the I/NOVA System, with its automated approach to 
correcting the Y2k problem, because it believes the I/NOVA System to be 
the best methodology and system for repairing most of the problems 
associated with legacy source code in outdated application software," 
said Anicet Blais, president of AGISS.  "AGISS has long been a believer 
in the automated approach to repairing the Y2k problem and Veronex's 
I/NOVA System, with its fully automated and broader 'complete system 
approach', provides the only remaining opportunity for solving the Y2k 
problem in the time remaining as the Dec. 31, 1999 deadline 
approaches." 

"The built-in flexibility of the I/NOVA Rapid Application Development 
System with its cross platform capability and scalability coupled with 
the automated I/NOVA DataCentric Analyzer is what gives the I/NOVA 
System the capability to be a complete Y2k solution tool," continued 
Blais.  "The DataCentric Analyzer's capability to perform front end 
inventory and assessment of the complete system, repair the Y2k problem 
within the system, and then test and verify the repair work, offers a 
complete end-to-end solution to the Y2k crisis." 

Veronex Technologies designs, develops, licenses and supports computer 
software products for complete "business systems" application 
development and implementation, including database architecture and 
design. 

The company's I/NOVA System is a fully integrated business application 
engineering and re-engineering system which has been ITAA 2000 
Certified.  The I/NOVA System includes the proprietary DataCentric 
Analyzer.  Veronex is awaiting patent approval for the DataCentric 
Analyzer. 

The I/NOVA System with its DataCentric Analyzer toolset has the unique 
ability to: 

-- Revitalize, by code reduction, COBOL based legacy source code 
    systems; 

-- Standardize data definitions within COBOL based legacy source 
    code systems; 

-- Locate and repair Year 2000 problems in COBOL based legacy 
    source code systems; and 

-- Re-engineer COBOL based legacy source code systems. 
 -- Preform regression and date forwarding testing. 

The main benefit to corporate users of Veronex's I/NOVA System is the 
ability to recapture the costs, often within the first year, of 
re-engineering and repairing Year 2000 problems in their legacy 
systems.  By re-engineering and reducing the volume of source code in 
legacy systems, Veronex estimates that annual routine maintenance costs 
can be reduced by 20 to 50 percent. 

These maintenance cost reductions provide a continuous return on 
investment for years to come.  Another unique feature of the I/NOVA 
System is the ability to provide skills leverage which can increase 
productivity of personnel performing systems repairs by more than ten 
fold thus providing adequate staff time to correct the Y2k problem 
before the mandatory deadline of Dec. 31, 1999. 

-0- JS/np*  ap/se 

CONTACT:  Veronex Technologies 
           David A. Wooldridge, 714/253-9600 

Fax: 714/253-9677 
           http://www.veronex.com 

or 
           AGISS Software Corp. 

Anicet Blais, 613/230-7981 
           Fax: 613/230-3805 

http://www.agiss.com 

KEYWORD:  CALIFORNIA 
 INDUSTRY KEYWORD:  COMPUTERS/ELECTRONICS COMED PRODUCT TRADESHOW 
Today's News On The Net - Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152p03241202pr1401f1617ca-abaxis-genzyme3008152-16013206155-16
600033otc usa corporate pharmaceuticals
601054abaxis+inc[(abax)] abaxis[(abax)] genzyme+corp[(genz)]
602021sunnyvale_calif june1
620058ABAXIS SIGNS EXCLUSIVE DISTRIBUTION AGREEMENT WITH GENZYME
SUNNYVALE, Calif., June 1 /PRNewswire/ -- ABAXIS, Inc. (Nasdaq: ABAX), 
a medical products company manufacturing point-of-care blood chemistry 
systems, announced today that it had signed an exclusive distribution 
agreement with Genzyme Virotech for distribution of the Abaxis products 
in Germany.  This agreement includes both the VetScan and Piccolo blood 
chemistry systems. 

Genzyme Virotech is a part of the diagnostics unit of Genzyme General, 
a division of Genzyme Corporation.  A highly diversified company, 
Genzyme uses a wide range of technologies to provide 900 human health 
care products and services. 

Chairman Clint Severson commented, "We are very happy to begin this 
relationship with Genzyme to address the significant market 
opportunities in Germany, the largest market for our products in 
Europe.  We feel we are now able to maximize our position in Europe 
with the many potential customers in both the medical and veterinary 
markets." 

Peter Kessler, Managing Director of Genzyme Virotech, stated: "We see 
Abaxis' exclusive distribution relationship as the major step to enter 
new German diagnostics markets.  Abaxis offers an excellent technology 
and an extremely popular instrument.  The Abaxis products fit perfectly 
in the Genzyme strategy to offer products with the potential to change 
the way health care is done." 

Founded in 1989, ABAXIS develops, manufactures and markets portable 
blood analysis systems for use in any patient-care setting to provide 
clinicians with rapid blood constituent measurements.  The system 
consists of a compact, 6.9 kilogram, portable analyzer and a series of 
8 cm diameter single-use plastic disks, called reagent discs, that 
contain all the reagents necessary to perform a fixed menu of tests.  
The system can be operated with minimal training and perform multiple 
tests on whole blood using either venous or fingerstick samples.  The 
system provides test results in less than 15 minutes with the precision 
and accuracy equivalent to a clinical laboratory. 
 SOURCE  ABAXIS, Inc. 

-0-                             06/01/98 /CONTACT:  Clint Severson, 
Chairman, President and CEO of ABAXIS, Inc., 408-734-0200; or Don 
Kundinger of Jackson Hole Advisors, 307-886-3881/ 

(ABAX) 
 CO:  ABAXIS, Inc.; Genzyme Virotech; Genzyme Corporation ST:  
California IN:  MTC SU:  JVN 


a0605200391008152b01411202bw1401f1617duet-technologies3008152-16013206155-16
600072newsgrid business usa corporate computers electronics e-mail europe asia
602783business_editors san_jose_calif business_wire give_developers
users_cost-effective_emulation large_atm_networks atm_year duet_technologies_inc
atm_network_emulator ane atm unix duet's_ane harris&jeffries_inc h&j soft-atm tm
duet harris&jeffries pnni private_network-to-network_interface uni
user-to-network_interface protocol_data_units custom_scripting
arun_garg_director networking sun_sparc ultra-1 cps bringing_together
best_atm_resources_available through sss ilmi pnni_routing duet's ethan_harris
using_duet harris h&j's_soft-atm garg licensing atm-client mpoa-server
high-performance_frame_relay frame_relay-to-atm_service_interworking oems h&j's
world_wide_web duet_technologies ip ic i/o eda bellevue_wash new_delhi
hyderabad_india junction_ave telephone facsimile
620087Duet Leverages Harris & Jeffries' Soft-ATM  To Deliver Enhanced ATM
Network Emulator
 SAN JOSE, CALIF. (June 1) BUSINESS WIRE -June 1, 1998-- 

-- New Emulation Software Release Adds More Protocol Test Functions 
to Give Developers and Users Cost-effective Emulation of 

Large ATM Networks -- 

At ATM Year '98 this week, Duet Technologies, Inc., will introduce an 
enhanced version of its ATM Network Emulator (ANE), a software product 
designed to emulate large ATM network configurations on UNIX 
workstations. The enhancements in the new release of Duet's ANE were 
achieved by incorporating functionality provided in Harris & Jeffries, 
Inc.'s (H&J) Soft-ATM(TM) software products. Duet will demonstrate its' 
ANE, with H&J, at ATM Year i98 in the Harris & Jeffries booth no. 526. 

Duet's ANE, using network interface cards, allows users to connect real 
ATM network elements, such as end-stations and switches, to the 
emulated network. This allows users to test switch loading, protocol 
conformance and interoperability in the control plane. The new release 
of Duet's ANE includes enhanced testing and analysis capabilities. Duet 
has added a decoder for PNNI (Private Network-to-Network Interface) 
protocols and UNI (User-to-Network Interface) 3.X and UNI 4.0 PDUs 
(Protocol Data Units). 

Duet has also added enhanced Custom Scripting support to provide 
greater control and flexibility in designing test cases, allowing users 
to quickly create custom test scenarios for extensive protocol testing, 
emulate network faults such as link-down and switch-down conditions, 
generate call load in concurrent and iterative modes and test other 
conditions. These new features allow users to quickly set up of 
field-like scenarios in a lab, including support for any network 
topology, multiple protocol versions, emulation of network faults such 
as protocol errors or link failures and an easy-to-use interface to 
analyze protocol behavior and isolate ATM problems. 

"These unique features make ANE a highly cost-effective, comprehensive 
testing and emulation software for ATM equipment vendors and ATM 
network operators," said Arun Garg, Director of Networking for Duet. 
"This product helps our customers reduce their time-to-market by 
emulating large ATM networks in their lab. For example, on SUN SPARC 
(Ultra-1) workstations, ANE can emulate a network with more than 25 
switches and end-stations. ANE can generate more than 100 calls per 
second (CPS) using a single ATM interface on an Ultra-1 machine."  
Bringing Together the Best ATM Resources Available 

Through a licensing agreement, Duet has incorporated H&J's Soft-ATM 
Signalling Software Subsystem (SSS), ILMI subsystem and PNNI Routing 
subsystem in ANE. "Soft-ATM customers can benefit from Duet's 
high-performance ATM Network Emulator," said Ethan Harris, president of 
Harris & Jeffries. "Using Duet's software, our customers can expedite 
conformance, interoperability and regression testing by 
cost-effectively emulating large ATM networks. Duet's ANE is a natural 
complement to Soft-ATM," Mr. Harris continued. 

"H&J's Soft-ATM products helped Duet shorten the time required to 
integrate these enhanced features into the ANE," Mr. Garg added. "The 
code from Harris & Jeffries was clean, well-written and highly 
portable, so it was relatively easy to customize these new features for 
ANE." 

Duet's enhanced ANE is available immediately to ATM hardware and 
software vendors, or to anyone who needs to emulate a large ATM 
network. Licensing fees start at $30,000.  About Harris & Jeffries, 
Inc. 

Harris & Jeffries, Inc. is the industry's "ultimate" source for 
networking software and services. Its Soft-ATM(TM) product line 
includes ATM Signaling, ILMI, PNNI Routing, Classical IP over ATM, LAN 
Emulation Client, LAN Emulation Server, Multi Protocol over ATM-Client 
and MPOA-Server. The company's High-Performance Frame Relay(TM) product 
line includes Frame Relay Signaling, Core Services, Frame Relay-to-ATM 
Network Interworking and Frame Relay-to-ATM Service Interworking 
subsystems. All packages include a developer's toolkit and other 
facilities. H&J's source code enables networking manufacturers, OEMs 
and integrators to achieve fast time-to-market with technically 
advanced products that provide market-leading performance. H&J's 
products reduce development costs and complexity and are in use by over 
120 network equipment companies worldwide. H&J can be reached at (781) 
329-3200, or by E-mail at: info@hjinc.com, or on the World Wide Web at: 
http://www.hjinc.com.  About Duet Technologies 

Duet Technologies, Inc. is a leading provider of intellectual property 
(IP) infrastructure solutions for high technology companies. With more 
than 350 technical professionals worldwide, Duet specializes in 
providing the technical tools and services necessary to help its 
customers in the semiconductor and computer networking industries 
maximize their development productivity and accelerate time to market 
for new silicon and networking products. Duet provides state-of-the-art 
semiconductor IP infrastructure components including high performance 
IC physical libraries (standard cells, I/O cells, and memory compilers) 
and comprehensive IP services including custom library development, 
library migration, EDA tool integration and validation, IP silicon 
verification services, system-on-chip test services, and real time 
embedded software solutions. 

Duet has offices in San Jose Calif., Bellevue, Wash., and New Delhi and 
Hyderabad, India, as well as sales offices in Europe and Asia. Duet 
Technologies maintains its headquarters at 2833 Junction Ave., San 
Jose, Calif., 95134. Telephone: (408) 432-9200. Facsimile: (408) 
432-0907.  http://www.duettech.com. 

-0- HK/na* 

CONTACT:  Duet Technologies, Inc. 
           Tom Quan, 408/432-9200, tomq@duettech.com 

or 
           Woolf Media Relations 

Tom Woolf, 650/508-1554, tomw@woolfmedia.com 
           Daphne Page, 805/569-2186, dpage@west.net 

or 
           Harris & Jeffries, Inc. 

Chris Berluti, 781/329-3200, chrisb@hjinc.com 
               or 

The Strayton Group, Inc. 
           Rob Strayton, 508/655-6965, rob@strayton.com 

KEYWORD:  CALIFORNIA 
 INDUSTRY KEYWORD:  COMED COMPUTERS/ELECTRONICS PRODUCT  Today's News 
On The Net - Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a1008152p07751202pr1401f1618tx-seagull-brg-acq3008152-16023206155-16
600056newsgrid nyase business usa corporate petroleum+products
601026seagull+energy+corp[(sgo)]
602013houston_june1
620043SEAGULL CLOSES ON BRG PETROLEUM ACQUISITION
HOUSTON, June 1 /PRNewswire/ -- Seagull Energy Corporation (NYSE: SGO) 
announced today that it has closed on its previously announced purchase 
of a package of onshore oil and gas properties in East Texas and 
Western Oklahoma. 

Seagull paid approximately $101 million in cash for the stock of BRG 
Petroleum, Inc., a private company based in Tulsa, Oklahoma, and the 
assets of limited partnerships and programs managed by BRG.  Seagull is 
funding the purchase through existing credit facilities. 

"We continue to feel that these assets expand Seagull's strategic East 
Texas asset base and also materially upgrade our overall inventory of 
gas exploitation properties," noted Barry J. Galt, the Company's 
Chairman and Chief Executive Officer.  "In addition to the 102 billion 
gas-equivalent cubic feet of booked proved reserves that we've 
purchased, we see the potential for adding many more.  An aggressive 
drilling program to accomplish just that will be launched promptly." 

Mr. Galt also said that the Company's upcoming drilling efforts should 
lead to growing levels of average daily production from the BRG 
properties, which averaged 18 million cubic feet of gas and 400 barrels 
of oil and natural gas liquids in 1997. 

Houston-based Seagull is an international oil and gas company also 
engaged in exploration and production in Egypt, Cote d'Ivoire, 
Indonesia and the Russian Republic of Tatarstan.  The Company also 
transports, distributes and markets natural gas, liquids products and 
petrochemicals. 
 SOURCE  Seagull Energy Corporation 

-0-                             06/01/98 /CONTACT:  Alan Payne of 
Seagull Energy Corporation, 713-951-4700/ 

(SGO) 
 CO:  Seagull Energy Corporation; BRG Petroleum, Inc. ST:  Texas, 
Oklahoma IN:  OIL SU:  TNM 


a0605200391008152p03261202pr1401f1616tx-union-pacific3008152-16023206155-16
600045newsgrid nyase business usa corporate freight
601025union+pacific+corp[(unp)]
602012dallas_june1
620042UNION PACIFIC ANNOUNCES MANAGEMENT CHANGES
DALLAS, June 1 /PRNewswire/ -- Union Pacific Corporation (NYSE: UNP) 
announced today that L. White Matthews, III, Executive Vice 
President-Finance and a member of the Corporation's Board of Directors, 
has resigned. 

Matthews, 52, said that after 21 years association with the Missouri 
Pacific Railroad and Union Pacific Corporation, with ten of those as 
Union Pacific's chief financial officer, he wants to have the 
opportunity to focus on other pursuits. 

"I have enjoyed representing Union Pacific to the financial community, 
and I applaud my colleagues' efforts during the recent difficult 
operating period," Matthews said. 

"I have worked closely with White since we were both at the Missouri 
Pacific Railroad more than two decades ago,"  said Dick Davidson, 
Chairman and Chief Executive Officer of Union Pacific Corporation.  
"His efforts in dealing with the financial community were invaluable 
while we worked on our operational problems, and we will miss his 
knowledge, years of experience and financial creativity." 

Davidson said Gary M. Stuart, 58, Union Pacific's current Vice 
President and Treasurer, will replace Matthews as Executive Vice 
President-Finance and Chief Financial Officer.  James R. Young, 45, 
currently Vice President- Customer Service Planning and Quality, will 
become the Corporation's Senior Vice President and Treasurer.  "Jim 
knows the Railroad inside out from finance to operations,"  Davidson 
said.  "He will be a strong addition to the Corporation's senior 
management team." 

Mary Sanders Jones, 44, Assistant Vice President-Treasury, has been 
promoted to Vice President-Investor Relations. 
 SOURCE  Union Pacific Corporation 

-0-                             06/01/98 /CONTACT:  Gary F. Schuster, 
Vice President-Corporate Relations of Union Pacific Corporation, 
214-743-5670/ 

/Company News On-Call:  http://www.prnewswire.com or fax, 800-758-5804, 
ext. 911275/ 

/Web site:  http://www.up.com/ (UNP) 
 CO:  Union Pacific Corporation ST:  Texas IN:  TRN SU:  PER 


a0605200391008152p03251202pr1401f1618va-f&m-natl-merger3008152-16023206155-16
600064newsgrid nyase business usa corporate banking financial+services
601024f&m+national+corp[(fmn)]
602044of bank alexandria winchester_va june1 board
620060F&M NATIONAL CORPORATION ANNOUNCES COMPLETION OF ACQUISITION
                      Of the Bank of Alexandria 

WINCHESTER, Va., June 1 /PRNewswire/ -- W.M. Feltner, Chairman of the 
Board of F&M National Corporation (NYSE: FMN), Winchester, Virginia, 
together with Edward Semonian, Chairman of the Board of The Bank of 
Alexandria, Alexandria, Virginia, jointly announced today the 
completion of the merger of The Bank of Alexandria into F&M 
Bank-Northern Virginia. 

The plan for the merger provides for an exchange rate of 0.942 shares 
of F&M common stock for each outstanding share of common stock of The 
Bank of Alexandria. 

F&M Bank-Northern Virginia, which now operates 27 full-service banking 
offices in the City of Fairfax and Fairfax County, has total assets of 
approximately $620 million as of April 30, 1998. 

Mr. Feltner stated that The Bank of Alexandria is a sound and respected 
financial institution with a competent staff. Its Alexandria location 
has strong growth potential and offers a new market area for F&M. 

F&M, with assets in excess of $2.69 billion, is a multi-bank holding 
company headquartered in Winchester, Virginia.  It operates seven 
banking affiliates in Virginia, the largest of which is F&M 
Bank-Winchester, one banking affiliate in Maryland, and one banking 
affiliate in West Virginia. F&M offers insurance services through its 
subsidiaries, F&M/Shomo & Lineweaver and J.V. Arthur, Inc.. F&M also 
operates F&M Trust Company. F&M's common stock is listed on the New 
York Stock Exchange under the symbol FMN. 
 SOURCE  F&M National Corporation 

-0-                             06/01/98 /CONTACT:  Alfred B. Whitt, 
President/CFO, 540-665-4282, or Miles (Buddy) R. Orndorff, Jr., 
Director of Public Relations, 540-665-4289, both of F&M National Corp./ 

(FMN) 
 CO:  F&M National Corporation; Bank of Alexandria ST:  Virginia, West 
Virginia IN:  FIN SU:  TNM 


a0605200391008152b11801202bw1401f1606mapics3008152-16023206155-16
600063newsgrid nyase business otc usa corporate computers electronics
601139mapics+inc[(mapx)] club+car+inc[(clbc)] stimsonite+corp[(stim)] ibm[(ibm)]
marcam[(mcam)] general+electric+co[(ge)] york+intl+corp[(yrkw)]
602049business/technology_editors atlanta business_wire
620055MAPICS Celebrates 20 Years of Manufacturing  Excellence
ATLANTA (June 1) BUSINESS WIRE -June 1, 1998-- 

Original Customers' Continued Success Underscores MAPICS 

Commitment To Providing Enterprise-Wide Information Exchange 

MAPICS, Inc. (Nasdaq:MAPX), a leading provider of enterprise-wide 
planning solutions to manufacturers worldwide, today celebrated the 
20th anniversary of the first implementations of the original MAPICS 
product.  Through long-standing relationships with its customers, 
including global leaders such as B.F. Goodrich, Color Arts, TruHeat 
Corp.  and Rauland-Borg Corp., MAPICS further solidifies its position 
as the premier mid-market Enterprise Resource Planning (ERP) provider. 

"This anniversary highlights MAPICS' two decades of experience 
delivering manufacturers proven products utilizing the latest 
technology," Dick Cook, president and CEO of MAPICS, told the 1,400 
attendees at the 1998 International MAPICS User Conference, opening 
today in Atlanta.  "As many companies have grown with the MAPICS 
application over time, the same can be said for the application itself. 
It is our customers business needs, coupled with advancements in 
technology, that led us to the present MAPICS product.  Over the past 
20 years, MAPICS has been committed to delivering technology that 
allows manufacturers to reap immediate benefits while also providing an 
easy path for future innovation." 

With a 20-year reputation for outstanding customer satisfaction, MAPICS 
now boasts more than 2,000 customers on the current version of the 
product, MAPICS XA, and many thousands more on its prior versions.  Of 
the companies who installed the original version of MAPICS, hundreds 
continue to use MAPICS to run their business today, including: ABB 
Electro-Mechanics; Alto Danmark A/S; Auburn Consolidated Industries, 
Inc.; B.F. Goodrich; BHA Group, Inc.; Club Car; Color Arts, Inc.; Cone 
Drive; Couch and Philippi, Inc.; Delta International Machinery Corp.; 
Demaco/Division of Howden; Deublin Co.; Eaton/Cutler-Hammer; Elecys, 
Inc.; Flodyne Controls, Inc.; Fragrance Production; General Nutrition 
Products, Inc.; Glas-Craft, Inc.; Gross-Given Manufacturing Co. and 
Automatic Products International; High Voltage Engineering Europa BV; 
Johanson Manufacturing Corp.; Kress Corp.; Mastercraft Industries, 
Inc.; Midwest Electric Products, Inc.; MTD Products, Inc.; Nastech 
Europe Limited; Palliser Furniture Limited; Paramount Industrial Cos.  
Inc.; Pennsylvania Machine Works, Inc.; Rauland-Borg Corp.; Stimsonite 
Corp.; Tate Access Floor; Thomas & Betts Reznor Division; 
Thompson/Center Arms and TruHeat Corp. 

Legacy Customers, Innovative Solutions 

B.F. Goodrich, one of the world's leading providers of innovative, 
technology-based products and services for the aerospace and 
performance materials industries, recalls when the company originally 
installed MAPICS.  Today, B.F. Goodrich is benefiting from MAPICS XA at 
multiple divisions in West Virginia, Arizona and Florida. 

"Since day one MAPICS has provided B.F. Goodrich with a dependable 
AS/400 solution that offered the functionality we were looking for in a 
manufacturing system," said Jim Powell, MIS manager for B.F. Goodrich's 
Ice Protection Systems Division in Union, W. Va.  "It has allowed us to 
build a seamless, integrated computer infrastructure while providing an 
ERP solution to take us into the next millennium." 

Color Arts, Inc. one of the largest modern screen printers in the 
world, providing custom graphics for customers such as Case 
Corporation, McDonald's, Harley Davidson, Montgomery Ward, Conoco and 
Yamaha, implemented MAPICS in 1978.  Presently, Color Arts is upgrading 
the company's two locations in Racine, Wis. and Pasadena, Calif.  to 
the latest version of MAPICS XA. 

"When we began with MAPICS in the late 1970s we were looking for a 
manufacturing solution that would offer the functionality and seamless 
integration that would allow Color Arts to work more quickly and 
efficiently," said Jerry Ericksen, director of information technology 
for Color Arts.  "With MAPICS, we're assured of a proven technology 
solution from a forward-looking company with 20 years' experience in 
manufacturing." 

TruHeat Corp., a premier provider of custom-design electrical heating 
elements, with a focus on the spa/whirlpool industry, first implemented 
MAPICS for its on-floor reporting and data collection expertise.  
Presently, TruHeat is running MAPICS XA with plans to upgrade to the 
latest release at its Allegan, Mich.  headquarters. 

"Upon entering our partnership with MAPICS in 1978, we were impressed 
by the functionality and features the MAPICS ERP system provided.  We 
found that our ability to drill down and garner information was right 
at our fingertips," said Dave Buchanan, human and information resources 
manager for TruHeat.  "Over the past two decades MAPICS has improved 
our information management and exchange while helping reduce costs, 
truly making us a more efficient organization." 

In 1978, Rauland-Borg Corp., a global leader and manufacturer of sound 
and communication systems for hospitals and educational facilities, 
determined that a fully functional ERP solution would help the company 
become a world class manufacturer.  Today, Rauland is leveraging MAPICS 
XA in its Skokie, Ill.  plant to solidify its stature as an industry 
leader while continuing to strengthen its manufacturing processes. 

"When Rauland chose MAPICS some two decades ago, the company was simply 
looking for a strong accounting package to help control and streamline 
its business processes," said John Gutknecht, vice president of 
manufacturing for Rauland-Borg.  "Over time, we began to see the 
advantages of all the MAPICS applications and how integral the software 
was becoming to our manufacturing operations.  Today, with plans to 
move to the latest release of MAPICS XA, we realize that MAPICS is 
something as manufacturers we cannot live without." 

MAPICS History and Evolution 

The MAPICS product family has a long, rich history, beginning in 1978 
as the first truly integrated software solution developed for 
manufacturers.  MAPICS (Manufacturing Accounting and Production 
Information Control System) was a landmark product when it was first 
released by IBM. 

MAPICS evolved from its start on the earliest midrange computers to 
take advantage of IBM's AS/400 in 1988.  In May of 1993, IBM formed an 
alliance with Marcam Corp.  which took over the MAPICS product and 
announced MAPICS XA (eXtended Advantage).  On July 29, 1997, MAPICS 
separated from Marcam and became an independent public company, 
registered on the Nasdaq national market under the ticker symbol MAPX.  
MAPICS revenues for fiscal year 1997 were $95.4 million. 

Today, the MAPICS XA family of products consists of more than 40 
modules, including object-oriented client/server applications, which 
offer broad and deep functionality.  The native AS/400 application is 
divided into six business solution areas: Financial Management; Demand 
Management; Engineering Management; Operations Management; Resource 
Planning; and Business Management. 

MAPICS 20th anniversary was celebrated today at the International 
MAPICS User Conference, its first as an independent public company. 
(See these other announcements made today at MAPICS' User Conference: 
"MAPICS Signs 2,000th Customer to Implement Its Global ERP Solution," 
"MAPICS Unveils Future E-Business Product Strategy" and "MAPICS 
Announces Euro Strategy for Global Manufacturers.") 

About MAPICS 

MAPICS, Inc., headquartered in Atlanta, is one of the world's leading 
providers of Enterprise Resource Planning (ERP) application software 
for manufacturers with over 2,000 live implementations of MAPICS XA, 
its current product.  Through more than 80 affiliate firms, the company 
provides solutions to customers in over 70 countries.  MAPICS, Inc. 
serves such customers as Bayer Corp.; General Electric Co., P.L.C.; 
Goodyear Tire & Rubber Co.; Honda Motor Co., Ltd.; IBM; Michelin Corp.; 
Volvo Corp.; Westinghouse Electric Corp.  and York International.  For 
more information, visit MAPICS' home page on the World Wide Web at 
www.mapics.com.     

MAPICS is a trademark of MAPICS, Inc. 

Editor's Note: The correct usage of the MAPICS name is all capitals. 

Statements in this press release or otherwise attributable to the 
Company regarding the Company's business which are not historical fact, 
including those regarding benefits associated with the Company's 
products, are forward looking statements made pursuant to the safe 
harbor provisions of the Private Securities Litigation Reform Act of 
1995.  The forward looking statements are based on assumptions 
regarding nature, timing and volume of products and services to be 
delivered, the ability of the Company and others to develop and enhance 
products, and the customer's use and satisfaction with such products 
and services.  These or other assumptions could prove inaccurate and 
could cause the Company's results to differ materially from those 
expressed in the forward looking statement. 

-0- ls/bos* 

CONTACT: FitzGerald Communications Inc. 

Keith Watson 
        617/494-9500 

kwatson@fitzcomm.com 

KEYWORD: GEORGIA 

INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS  Today's News On The Net 
- Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152r02251202fu1401f3008152-16023206153-16
600039newsgrid usa commodity food prices usda
602104$1 comments new_york-june_1-fwn_world_raw_sugar_futures_are_called london chart
currently london_august
620061N.Y. SUGAR CALLED 2 TO 3 POINTS HIGHER; LONDON PRICES ADVANCE
New York-June 1-FWN--WORLD RAW SUGAR FUTURES ARE CALLED 
to open 2 points to 3 points higher here, based on mild 
gains in the London white market this morning, traders said. 

Prices finished mixed here Friday, after the market 
scored new lows across the board. 

USDA on Friday forecast world sugar production in 1998- 
9 as 3% higher than the previous year and consumption as 2% greater. 

Chart support for the July delivery lies at 8.15 cents, 
8.10 cents, and 8.05 to 8 cents, while resistance is found 
overhead at 8.39 and 8.44 cents. 

Currently, the London August contract is 30 cents 
higher at $252.30 a metric ton. 


a0605200391008152p03271202pr1401f1618nj-hanson-appoints3008152-16023206155-16
600068newsgrid nyase business usa corporate construction building+material
601043hanson+plc[(han)] abbey+national+plc[(anb)]
602012london june1
620025HANSON BOARD APPOINTMENTS
LONDON and NEPTUNE, N.J., June 1 /PRNewswire/ -- Hanson PLC (NYSE: HAN) 
announced today that Alan Murray, at present Hanson Finance Director, 
will become Chairman and Chief Executive Officer of Cornerstone, 
Hanson's US building materials arm.  He will remain on the Board of 
Hanson and relocate to the US. 

This move follows the departure of Craig C. Sergeant, current Chairman 
and Chief Executive Officer of Cornerstone, to take up a senior 
management post in a US company outside the buildings materials 
industry. 

Jonathan Nicholls, at present Hanson Group Treasurer, will become 
Finance Director and join the Board. 

These appointments will become effective on June 15, 1998. 
 
    Notes: 
    Alan Murray (45) 
    Joined Hanson in 1988 as Financial Controller.  In 1989 he moved 
to ARC, Hanson's UK producer of aggregates and related products, where 
he held several financial roles until 1993 when he became Finance 
Director of Hanson Brick. He was appointed Assistant Finance Director 
of Hanson in 1995 and Finance Director in 1997. 
 
    Jonathan Nicholls (40) 
    Joined Hanson in 1996 as Group Treasurer.  He came from Abbey 
National where he had been since 1985, latterly as Deputy Treasurer of 
Abbey National PLC and Deputy Chief Executive of Abbey National 
Treasury Services PLC.  He qualified as a Chartered Accountant in 1982. 
 
    Hanson PLC is a leading building materials and equipment company 
with operations mainly in the US, UK and Continental Europe.  Hanson's 
principal businesses include aggregates (Cornerstone Construction & 
Materials, the third largest producer of construction aggregates in the 
US and ARC, the second largest aggregates producer in the UK); and 
bricks (Hanson Brick, one of the UK's two largest brick manufacturers 
and a leading manufacturer in Continental Europe). 
 SOURCE  Hanson PLC 

-0-                             06/01/98 /CONTACT:  Patricia De Felice, 
Director - Investor Relations of Hanson PLC, 732-919-2314/ (HAN) 
 CO:  Hanson PLC ST:  New Jersey IN:  CST SU:  PER 


a1008152b14891202bw1401f1605corel3008152-16023206155-16
600063newsgrid nyase business otc usa corporate computers electronics
601042[(cos)] corel[(cosff)] corel+corp[(cosff)]
602045business_editors ottawa business_wire tse cos
620035Corel Graphics Pack II Now Shipping
OTTAWA (June 1) BUSINESS WIRE -June 1, 1998--(TSE:COS) (NASDAQ:COSFF) 
Students, families and small offices will find every graphics 
application they need in Corel(R) Graphics Pack II. 

The friendly, wizard-driven interface lets users create everything from 
flowcharts and diagrams to Web graphics and expertly edited photos.  
Packed with features, Corel Graphics Pack II is available for a 
suggested retail price of $149 in Canada and the US and is scheduled to 
be on store shelves by mid June, 1998.  Prices subject to change 
without notice. 

"Corel has always been a committed leader in the PC graphics market.  
We have combined a new selection of graphics applications, along with 
over 200,000 clipart, photos and digital content to produce a package 
that is unrivaled by any competitor," said Denise Zutrauen, product 
marketing manager at Corel Corporation.  "Corel Graphics Pack II offers 
everything a small business, student or graphic enthusiast needs to 
create exciting Web pages, professional looking letterhead and dazzling 
presentations.  This one-stop graphics suite of applications offers 
unparalleled value at an incredible price." 

Corel Graphics Pack II comes complete with the following:  -- Corel 
PHOTO-PAINT(TM) 7 for professional looking photo editing every time  -- 
Corel Print House(TM) 3 lets you create personal greeting cards, 
stationery and more  -- CorelXARA(TM) 1.5 the ideal Web graphic design 
tool  -- CorelFLOW(TM) 3 for quick and easy charts and diagrams  -- 
Corel(R) Presentations(TM) 8 for dazzling presentations every time  -- 
Corel GALLERY(TM) Magic 200,000 packed with clipart and photos  -- 
Corel Motion 3D  -- Corel CAPTURE(TM)  Feature High Lights: 

Corel PHOTO-PAINT 7 for image editing and painting offers extensive 
mask features, interactive transparency tools, multiple fill options, 
image cropping and resampling and natural media brush styles to create 
exciting special effects. 

Corel Print House 3 is a wizard-driven home and small office graphics 
application that allows users to create projects from pre-designed 
templates or completely from scratch. 

CorelXARA 1.5 is an ideal Web graphics and vector illustration tool 
with interactive fill and transparency tools for easy editing of 
graphics.  Users can also preview files on export to create compact GIF 
and JPG files for the web and attach URLs to objects to create image 
maps. 

CorelFLOW 3 helps users create effective charts, graphs and diagrams 
and import or export them in popular graphic and bitmap formats. 

Corel Presentations 8 dazzles audiences with professional looking slide 
shows.  Insert charts, diagrams, text and graphics with ease. 

Corel GALLERY Magic 200,000 includes over 105,000 vector clipart 
images, 80,000 professional photos, 15,000 web images, fonts, sounds 
and video clips to complete any project.  System Requirements: 

Corel Graphics Pack II requires a 100 MHZ Pentium(R) processor with 
Windows(R) 95 or Windows NT(R), a minimum of 16 MB RAM, 65 MB of hard 
disk space for minimum instillation, a CD-ROM drive, mouse or tablet 
and a SVGA monitor.  Corel Corporation 

Incorporated in 1985, Corel Corporation is recognized internationally 
as an award-winning developer and marketer of productivity 
applications, graphics and Internet software for the corporate and 
retail markets.  Corel's products, which run on most operating 
platforms, are consistently rated among the strongest in the industry.  
The company's product line, including CorelDRAW(TM), Corel(R) 
WordPerfect(R) Suite, Corel VENTURA(TM), Corel Print House(TM) Magic 
and Corel(R) WebMaster Suite, ships in over 17 languages through a 
network of more than 160 distributors in 70 countries worldwide.  Corel 
is traded on the Toronto Stock Exchange (symbol: COS) and the NASDAQ -- 
National Market System (symbol: COSFF).  For more information visit 
Corel's Web site at www.corel.com. 

Corel, WordPerfect, Presentations, CorelDRAW, Corel Print House, 
GALLERY, the Go Further logo and Corel VENTURA are trademarks or 
registered trademarks of Corel Corporation or Corel Corporation 
Limited.  All other product and company names are trademarks or 
registered trademarks of their respective companies. 

-0- jc/at 

CONTACT:  Corel Corporation 
          Jill Hiscock (Canada), 613/ 728-0826 ext. 1277 

E-Mail: jillh@corel.ca 
          or 

Corel Corporation 
          Jessica Gould (US), 613/ 728-0826 ext. 5273 

E-Mail: jessicag@corel.ca 

KEYWORD:  NEW YORK INDUSTRY KEYWORD:  COMPUTERS/ELECTRONICS COMED   
Today's News On The Net - Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152b01421202bw1401f1603idt3008152-16023206155-16
600065otc usa corporate computers electronics telecommunications market
601072integrated+device+technology+inc[(idti)] galileo+technology+ltd[(galtf)]
602172business_editors&computer_writers santa_clara_calif business_wire
system_solution_products_reduce_time designers communication_consumer
office_automation_applications idt
620118IDT Announces Comprehensive Set of Development Tools  and Support
Devices for New RISCore32300 Family of Processors
 SANTA CLARA, CALIF. (June 1) BUSINESS WIRE -June 1, 1998-- 

System Solution Products Reduce Time to Market for Designers of 
 Communication, Consumer and Office Automation Applications 

IDT (NASDAQ:IDTI) today announced both internal and third-party system 
solution products that support IDT's new 32-bit RISCore32300(TM) 
family, including the family's first member, the RC32364(TM), also 
announced today. The comprehensive offering includes many of the 
industry's leading compilers; real-time operating systems (RTOS); 
in-circuit emulators (ICE); and system chip set devices, such as a PCI 
controller and a remote access controller. These system solutions 
enable designers of advanced communications and networking applications 
to simplify design cycles and minimize time to market. 

"We're really pleased with the enthusiasm that leading development 
tools and chip vendors have shown by supporting our latest RISC 
embedded processor family," said Nick Kucharewski, vice president of 
IDT's microprocessor division. "Immediate availability of system 
solution products is critical to our customers because it cuts their 
time to market and system cost significantly, enabling them to increase 
their competitive edge. We continue to meet our commitment to provide a 
comprehensive set of state-of-the-art system solutions simultaneously 
with the rollout of a new RISC processor." 

The RISCore32300 RISController(TM) tool effort is part of the company's 
Advantage IDT(TM) program, comprised of more than 75 leading tools 
vendors and over 100 development tools products. The program provides 
customers with state-of-the-art development system solutions to 
successfully and easily design compelling systems using IDT's 
high-performance RISC microprocessors, based on the MIPS(R) RISC 
architecture.  System Chip Set Support 

The RISCore32300 family is supported by several third-party companion 
devices that integrate key system components such as memory, DMA and 
device control into high-performance yet cost-effective devices. These 
companion chips significantly reduce the cost, complexity, device count 
and board space of high-performance embedded control applications. 

"We were eager to support IDT's RISCore32300 family because we believe 
it's an ideal choice for designers of cost-sensitive, yet 
performance-critical data communications applications," said Mitch 
Kahn, vice president of marketing, Galileo Technology, Inc. "Because of 
the impressive cost/performance point the RC32364 brings to the MIPS 
architecture, we have designed-in direct interfaces to the new IDT 
processor and our Galaxy(TM) Family Switched Ethernet Controllers and 
Remote Access Controllers."  Development Tool Support 

The tools suite supporting IDT's RISCore32300 family, which provides 
products developed by industry-leading tools vendors, includes: 
compilers, debuggers, development environments, bus models, logic 
analyzer pods and real-time operating systems. The IDT tools include a 
Gnu C compiler, the IDT System Integration Manager (IDT/sim(TM)) debug 
monitor and an evaluation board/reference system, which includes a PCI 
interface. The IDT/sim package is a software tool that provides all the 
basic functions needed to get a new hardware design debugged as well as 
to port and debug software on it. It also includes a set of libraries 
ready to be linked with user-developed code, containing functions that 
would normally be furnished by an operating system. 

The RISCore32300 comprehensive support environment enables the entire 
development process, including evaluation development, debugging, 
integration and production, thereby simplifying the design cycle of 
embedded systems and reducing time to market for IDT customers 
competing in fast-paced embedded markets. (See the following table of 
tools and chips available to support the RISCore32300 family.)  About 
IDT's New World-Class RISController Series Embedded Microprocessors 

The RISCore32300 family is an important addition to IDT's widely used 
32/64-bit RISController series of embedded microprocessors. Offering a 
wide range of software-compatible, price/performance choices, IDT has 
optimized the designs of its high-performance microprocessors for use 
in an assortment of embedded communications applications, including 
internetworking, multimedia, datacom and telecom products. Also, 
superior price/performance, innovative architecture and comprehensive 
tools support have made the IDT RISController series the standard for a 
number of digital consumer products for leading companies.  
RISCore32300 Pricing and Availability 

The RC32364, the first member of the RISCore32300 family, is offered in 
a 144-lead TQFP package. The 133-MHz version is priced at $16.50 each 
in 10,000-piece quantities; the 100-MHz version will sell for $12.50 
each in 10,000-piece quantities. Both devices are sampling now, with 
production in Q3CY98.  About IDT 

IDT enables a digitally connected world by providing innovative 
semiconductor solutions to leading-edge designers in communications and 
computing. IDT's broad product mix consists of communications memories, 
networking devices, both RISC and x86 microprocessors, high-speed SRAMs 
and high-performance logic. The company's innovative technologies and 
products take aim at a market that is expected to exceed a total of $20 
billion in 1998. 

Headquartered in Santa Clara, Calif., the company employs approximately 
5,000 people worldwide and has manufacturing facilities in California, 
Oregon, the Philippines and Malaysia. IDT stock is traded on the NASDAQ 
stock market under the symbol "IDTI." 

Additional information about IDT is easily accessible through CD-ROM by 
calling 800/345-7015, the World Wide Web (http://www.idt.com) or via 
fax-on-demand at 800/9-IDT-FAX.    

 
 
                         Key Tools for RC32364 
 
---------------------------------------------------------------------- 
Category             Vendor             Tool                 Available 
---------------------------------------------------------------------- 
---------------------------------------------------------------------- 
Tools Suites/        Cygnus             GCC                   Aug '98 
Compilers 
                     Green Hills        C, C++                Now 
                     IDT                IDT/C                 Now 
                     Metrowerks         C, C++                Now 
RTOS                 ATI                Nucleus               July '98 
                     IDT/WRS            VxWorks               July '98 
                     ISI                pSOS                  July '98 
                     MicroSoft          Windows CE            Sept '98 
                     NSI Com            Java                  Now 
ICE                  Applied Microsys.  ICE                   Now 
                     Corelis            ICE                   Now 
Misc.                AltoCom            Soft Modem (56K; V.34)Now 
                     Corelis            HP Logic Analyzer Pod Now 
                     Crescent Heart     Tektronix Logic       July '98 
                                        Analyzer Pod 
                     IDT                BSDL file             Now 
                     IDT                SIM(w/Micro Monitor)  Now 
                     IDT                S364 Eval Card        Now 
                     Inverness          Soft SAR              Q3CY98 
                     Tech Elite         RMON                  Now 
App. Software        AltoCom            Soft Modem            Now 
                     DataConnection     ATM Signaling         Now 
                     Inverness          ATM Signaling         Now 
                     Inverness          Soft SAR              Q3CY98 
                     Tech Elite         RMON                  Now 
Support Chips        Galileo            GT96010 Remote Access Now 
                                        Controller 
                     Galileo            GT96010A Remote       Aug '98 
                                        Access Controller 
                     Galileo            GT64111 PCI Bridge    Now 
                     Galileo            GT48212 Enet Sw       Now 
                     PLX                PCI9080 PCI Bridge    Now 

Note to Editors: RISCore32300, RC32364, RISController, Advantage IDT 
and IDT/sim are trademarks of Integrated Device Technology, Inc. Galaxy 
is a trademark of Galileo Technology. MIPS is a registered trademark of 
MIPS Technologies, Inc. 

-0- ari/sf* as/sf 

CONTACT:  IDT Corporate Communications 
           Diana Lorang, 408/492-8210 

lorang@idt.com 
                 or 

Tsantes & Associates 
           Dean Fisk, 408/369-1500, x35 

dfisk@tsantes.com 

KEYWORD:  CALIFORNIA OREGON 
 INDUSTRY KEYWORD:  COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS 
INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT  Today's News On The Net - 
Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a1008152p07761202pr1401f1620mi-new-centr-stampng3008152-16023206155-16
600043newsgrid nyase business usa corporate autos
601039chrysler[(c)] general+motors+corp[(gm)]
602411plant_has_provided_300_new_jobs detroiters detroit_june1 gregory_smith detroit
new_center smith_53_president/ceo new_center_stamping_inc hastings
detroit_economic_growth_corporation thanks empowerment_zone smith starting
northern_michigan today general_motors_ford new_center_stamping originally
fisher_body_plant what's today_new_center_stamping employees new_center class_a
source_new_center_stamping_inc
620046NEW CENTER STAMPING CELEBRATES 5TH ANNIVERSARY
            Plant Has Provided 300 New Jobs to Detroiters 

DETROIT, June 1 /PRNewswire/ -- Five years ago, Gregory Smith visited 
a closed stamping plant in the heart of a light industrial area of 
Detroit just east of the New Center, expecting to buy some of the 
presses and other equipment that were up for sale. 

He ended up buying the plant. Smith, 53, President/CEO of New Center 
Stamping, Inc., at 950 E. Milwaukee near Hastings, with the help of the 
Detroit Economic Growth Corporation, purchased the building and 
equipment for $3 million, and has invested another $5 million for 
improvements in the stamping plant. 

"Thanks to the Empowerment Zone and the improved image of Detroit as a 
place to do business, this light industrial section of Detroit is 
coming alive again," Smith said.  "Starting up our business here is one 
of the best investment moves we could have made." 

When Smith arrived at 950 E. Milwaukee back in 1992, he was taken on a 
tour of a 210,000 square foot plant on five acres that housed mammoth 
machinery all set-up to stamp out bumpers, fenders, hoods and other 
automotive parts. 

His intention was to move the equipment to a plant he had opened in 
Northern Michigan in 1991. 

"We decided it was not worth the expense and effort it would have taken 
to move the machinery and equipment to another site," Smith said.  "We 
simply decided to start doing business at the Detroit location.  Today, 
we have 300 employees, and provide service parts to General Motors, 
Ford and Chrysler." 

On June 2, from 4:30 to 6:30 p.m., Smith will be joined by Detroit 
Mayor Dennis W. Archer and invited guests to celebrate New Center 
Stamping, Inc.'s fifth anniversary of doing business in Detroit. 

The celebration is two-fold.  It recognizes the progress New Center 
Stamping has made in the past five years, and it commemorates the rich 
history of the facility. 

"Originally this building housed Fisher Body Plant #37, which was a die 
tryout facility until General Motors closed it," Smith explained.  "The 
building was an innovative design with high ceilings of expansive 
windows that fill the plant with light and open airiness. 

"We inherited a piece of history that goes back to the early days of 
Detroit's preeminence in the automotive industry," Smith said.  "What's 
wonderful is that this 70-year-old plant still fits into today's work 
environment." 

Today, New Center Stamping is a major employer of metro area residents, 
of which 85 percent are Detroiters. 

"We have a strong commitment to Detroit," Smith said.  New Center 
Stamping's work force is involved in a number of very effective 
communications programs, including a bonus program, 
newsletters/question box, an open door policy, plant 
meetings/luncheons, perfect attendance programs, and safety award 
raffles. 

Many of the employees are previously laid off, under-employed, and 
unemployed members of the community.  "These men and women have proven 
to be the best workers we could employ," Smith said.  "I'm very pleased 
with our team's productivity and work ethic." 

Employees have access to a continued education and training program, 
competitive pay and benefits, including quality medical and dental 
plans, a 401(k) plan, life insurance, and generous vacation and holiday 
time.  The plant features a large cafeteria, an exercise room and 
locker rooms for employees. 

Since 1992, New Center stamping has increased its large press capacity, 
expanding its processing capabilities and developing a work force to 
better serve its customers' short run needs. 

The plant has established itself as a leading supplier of Class A 
stampings, large industrial stampings, weldments and assemblies for the 
service parts industry. 

Smith hopes to expand, adding at least 40 to 50 jobs within the next 
year. 
 SOURCE  New Center Stamping, Inc. 

-0-                             06/01/98 /CONTACT:  Tina Bassett of 
Bassett & Bassett, 313-965-3010/ 
 CO:  New Center Stamping, Inc. ST:  Michigan IN:  AUT SU: 


a0605200391008152b11811202bw1401f1609accentric3008152-16033206155-16
600082newsgrid business usa corporate computers electronics telecommunications
internet
602670business_editors high-tech_writers san+diego business_wire accentric
simple_network_communications_inc isps caps accentric's
gte_internetworking_sprint_uunet_verio winstar_goodnet
winstar_broadband_services accentric mfs/worldcom_tcg winstar isp robert_bingham
simple_network_communications barring bingham ds-3 mbps oc-3
accentric's_cisco_7500_series rather because_accentric
center_offers_regional_national international_internet_services collocation web
inergen should san_diego-based accentric's_t-1 t-3_internet t-1 lan-speed
inside/out_infrastructure simplenet home_savings_tower inside/out t-3 broadway
broadway_13th_floor_san_diego_calif phone facsimile
620110Accentric's New Internet Access Center Combines Services of Multiple
ISPs and CAPs To Ensure Maximum Uptime
SAN DIEGO (June 1) BUSINESS WIRE -June 1, 1998--Accentric, a division 
of Simple Network Communications Inc., Monday introduced a new Internet 
access center that may be the first of its kind to bring together the 
services of five upstream Internet service providers (ISPs) and 
multiple competitive access providers (CAPs). 

This multiprovider network, which provides the backbone of Accentric's 
collocation and Internet access services, enables the company to 
maximize bandwidth, scalability, redundancy and reliability for 
corporate Internet users in the United States and abroad. 

To form this nationwide, high-bandwidth network, the company has 
contracted with several ISPs including GTE Internetworking, Sprint, 
UUnet, Verio and WinStar GoodNet (part of WinStar Broadband Services). 
Accentric also incorporates the fiber networks of leading CAPs 
including MFS/WorldCom, TCG and WinStar. 

"This multiprovider approach to establishing a network has eliminated 
the need for us to create a costly physical, national network. More 
importantly, it means that we can push data out faster, more 
effectively and more reliably than access centers relying upon the 
services of only one ISP," said Robert Bingham, chief executive officer 
of Simple Network Communications. "Barring a nationwide catastrophe, we 
can guarantee our customers maximum uptime." 

A significant benefit of Accentric's multivendor architecture is that 
if one or more of the CAPs or ISPs experience problems with their 
networks, the traffic can then be routed to the remaining providers 
accordingly. 

"This structure allows us to monitor the condition of our upstream 
providers deep within their networks, and identify potential 
bottlenecks with specific providers," said Bingham. "Once bottlenecks 
are identified, we can then direct traffic to our other providers."  
Accentric Avoids Congested Public Peering Access Points 

With ISP contracts that start with five full DS-3 circuits, Accentric 
is able to offer an aggregate bandwidth of up to 225 Mbps. That number 
will expand soon, as Accentric is currently migrating to OC-3 
connections with its upstream access providers. It is also forming 
relationships with additional ISPs and CAPs to increase bandwidth and 
reliability even further. All connections run through Accentric's Cisco 
7500 Series routers. 

"By aligning the services of multiple upstream providers under one 
roof, we've essentially created a national network inside our access 
center," said Bingham. 

Rather than acting simply as a peering facility to link networks, 
Accentric has purchased transit rights from its providers. This gives 
the company the ability to send traffic directly to the end points, 
avoiding the need for public peering. Because Accentric can utilize the 
private peering arrangements of its ISPs, traffic that travels through 
the Accentric network can avoid congested public peering access points. 
This results in faster Internet access for Accentric customers.  Center 
Offers Regional, National and International Internet Services 

Accentric is offering a range of services designed to meet the needs of 
regional, national and international customers. Collocation is one of 
the key Accentric services that benefits all three groups. Corporate 
customers can place their Web servers in the Accentric access center to 
gain greater bandwidth and higher reliability than is possible in their 
own facilities. 

The center provides around-the-clock supervision and environmental 
protection that includes redundant air conditioning and power. It also 
incorporates an innovative, gas-based Inergen fire suppression system. 
Should a fire occur in the building, the equipment housed in 
Accentric's facility will be spared from water damage. 

"Accentric's data-grade facility not only gives customers the 
reassurance that their equipment will be safe from environmental 
hazards, it ensures maximum uptime due to the redundancy created 
through the contracts with multiple CAPs and ISPs," said Bingham. 

San Diego-based companies can utilize Accentric's T-1 and T-3 Internet 
connectivity services. The company's pricing structure for T-1 access 
makes it the first organization in the San Diego market to break the $1, 
000 per month price point. (For more information and a pricing table, 
visit http://www.accentric.net/services.) 

Other services include direct Internet connectivity for all tenants of 
two major commercial buildings in downtown San Diego. Accentric is 
providing these tenants with LAN-speed access to the Internet without 
the need for dial-up or ISP arrangements.  Inside/Out Infrastructure 

The Accentric facility fulfills a need that was created by Simple 
Network Communications' other business division, SimpleNet, which 
offers low-cost Web hosting, e-mail and commerce services. As 
SimpleNet's customer base experienced rapid growth, the need to 
identify an Internet access center that could satisfy the 
organization's bandwidth requirements led to the creation of Accentric. 

To create the Accentric facility, Simple Network Communications 
acquired office space in The Home Savings Tower in downtown San Diego. 
This building was specifically selected because of its unique position 
at the convergence point of five access providers. 

The Accentric communications infrastructure design is based on a 
concept developed by Accentric called "Inside/Out". Instead of 
accessing the Internet from one outside provider connecting in to its 
networks' points of presence and peering centers, Accentric has brought 
the Internet backbones inside its own facility, so that it can control 
the route of traffic.  About Accentric and Simple Network 
Communications Inc. 

Accentric is a world-class Internet access center that offers 
collocation services to national and international organizations; full 
dedicated T-1 and T-3 connectivity to San Diego companies; and 
LAN-speed connectivity to tenants of the Home Savings Tower and 101 
Broadway building. Accentric is a division of Simple Network 
Communications, a privately-held, San Diego-based organization founded 
in March 1996. 

For more information, contact the SimpleNet and Accentric business 
divisions at 225 Broadway, 13th Floor, San Diego, Calif. 92101. Phone: 
619/881-3000. Facsimile: 619/881-3010. Web site: 
http://www.accentric.net. 

-0- CB/np* RMS/np 

CONTACT:  Accentric, San Diego 
           Bob Bingham, 619/881-3013 

bingham@accentric.net 
            or 

Cooper/Iverson Marketing 
           Matt Meigs, 619/292-7400 

matt@coopiver.com 
           Paula Johns, 760/929-9193 

paula@coopiver.com 

KEYWORD:  CALIFORNIA 
 INDUSTRY KEYWORD:  COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS 
Today's News On The Net - Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152b01441202bw1401f1610idg-e3expo3008152-16033206155-16
600062newsgrid business usa corporate computers electronics internet
602380entertainment_editors/computer_writers e3expo atlanta entertainment_wire as
approximately_1600 pc_internet dvd e3expo_1998 pc american douglas_lowenstein
idsa los+angeles_california attendees georgia_world_congress_center
international los+angeles_convention_center idg_world_expo
idg_expo_management_company international_data_group_inc information_technology
association e3
620169E3Expo/ E3Expo '98 Draws 41,300 Industry  Professionals to Atlanta;
Attendance at World's Largest Trade Show for Interactive Entertainment
Industry Up Eleven Percent
 ATLANTA (June 1) ENTERTAINMENT WIRE -June 1, 1998--As the computer and 
video industry celebrates a 38 percent sales growth and an expanded 
market for interactive entertainment titles, E3Expo '98 drew 41,300 
industry professionals from 80 countries around the world to this 
annual industry focal point, held here last week. 

Approximately 1,600 new titles for the video game console, PC, 
Internet or DVD platforms were introduced this year by 440 exhibiting 
companies. "E3Expo 1998's enormous turn-out confirms the PC and video 
game industry's status as a leading global entertainment industry and 
the fastest growing segment of the overall American entertainment 
industry," said Douglas Lowenstein, president of the Interactive 
Digital Software Association (IDSA), which owns the show. "We look 
forward to the show's successful return on May 13 to 15, 1999, to its 
birthplace, Los Angeles, California." 

Attendees crowded hallways during the show's three day run at the 
Georgia World Congress Center. This year's E3Expo covered 534,000 
square feet, or the equivalent of 35 football fields. 

International attendance also grew to more than 7400 people, 
representing 80 different countries. 

The world's largest trade event exclusively dedicated to showcasing 
interactive entertainment, educational software and related products, 
E3Expo will return to an expanded Los Angeles Convention Center in May 
1999. 

E3Expo is wholly owned by the Interactive Digital Software Association 
(IDSA) and operated by IDG World Expo and IDG Expo Management Company. 
IDG World Expo is a subsidiary of International Data Group, Inc., the 
world's leading IT media, research and exposition company. IDG Expo 
Management Company is a premium provider of information events which 
shape the agenda of the Information Technology business. 

The Interactive Digital Software Association (IDSA) is the only U.S. 
association exclusively dedicated to serving the business and public 
affairs needs of companies that publish video and computer games for 
video game consoles, personal computers, and the Internet. The 
Association's members include the world's leading interactive 
entertainment software publishers, representing more than 85 percent of 
the U.S. market. 

For more information about E3, please visit www.e3expo.com. 

-0- pb/sf* 

CONTACT:  Bender, Goldman & Helper 
           Tina Vennegaard/Pam Kulik, 310/473-4147 

E-mail:  E3Media_Info@bgh.com 

KEYWORD: GEORGIA CALIFORNIA 
 INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS 
INTERACTIVE/MULTIMEDIA/INTERNET ENTERTAINMENT PRODUCT TRADESHOW  
Today's News On The Net - Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152b11821202bw1401f1609white-cap3008152-16033206155-16
600017otc usa corporate
601025white+cap+ind+inc[(whcp)]
602041business_editors costa_mesa business_wire
620101White Cap Closes Both The Acquisition of Charles R. Watts Company and
the Acquisition of NYCO Inc.
 COSTA MESA (June 1) BUSINESS WIRE -June 1, 1998--White Cap Industries 
Inc. (Nasdaq: WHCP), the Costa Mesa-based business to business retailer 
to professional contractors, has completed both the acquisitions of 
Charles R. Watts Company ("Watts") and NYCO Inc. ("NYCO"). 

The signing of the definitive agreements for both the acquisitions of 
Watts and NYCO had been previously announced. 

Watts has two branches in Washington and is a supplier to Heavy 
Construction contractors that build, maintain and repair dams, 
highways, waterworks, sewage treatment plants, bridges and airports. 
They also service factories, mills, processing plants and refineries. 
Watts generated approximately $8 million in revenue for its fiscal year 
ended December 1997. 

NYCO has four branches in Colorado and is a full line distributor of 
concrete accessories, construction chemicals, waterproofing products 
and rental equipment used in tilt-up concrete construction, renovation 
and maintenance.  NYCO generated $16 million in revenue for its fiscal 
year ended Dec. 31, 1997. 

White Cap is a leading business to business retailer of specialty 
tools and materials to professional contractors in the Western United 
States.  White Cap now operates 34 branch locations in the Western 
United States.    

This news release includes "forward-looking statements" within the 
meaning of Section 27A of the Securities Act and Section 21E of the 
Exchange act.  All statements other than statements of historical facts 
included or incorporated herein may constitute forward-looking 
statements.  Although the company believes that the expectations 
reflected in such forward-looking statements are reasonable, it can 
give no assurance that such expectations will prove to have been 
correct.  Important factors that could cause actual results to differ 
materially from the company's expectations ("Cautionary Statements") 
are disclosed in the company's Prospectus dated Oct. 22, 1997.  All 
subsequent written and oral forward-looking statements attributable to 
the company or persons acting on its behalf are expressly qualified in 
their entirety by the cautionary statements. 

-0- JS/np* 

CONTACT:  White Cap Industries, Costa Mesa 
           Chris Lane, 714/850-0900 

WHCP@aol.com 

KEYWORD:  CALIFORNIA 
 INDUSTRY KEYWORD:  BUILDING/CONSTRUCTION MERGERS/ACQ Today's News On 
The Net - Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152p03281202pr1401f1618mi-mccann-erickson3008152-16033206155-16
600043newsgrid business usa corporate advertising
602446troy_mich june1 gunnar_wilmot mccann-erickson_worldwide mccann-erickson_detroit
kevin_moehlenkamp moehlenkamp bbdo new+york mccann
jonathan_cranin_mccann-erickson_detroit general_motors_usa kevin wilmot further
bbdo_moehlenkamp doritos addys_effies_mobius clios_one_shows emmy lintas
university delaware newark_del america buick_motor_division_delphi uaw-gm
olympia_entertainment detroit_red_wings second_city
source_mccann-erickson_detroit
620062MCCANN-ERICKSON DETROIT NAMES NEW EXECUTIVE CREATIVE DIRECTOR;
             Kevin Moehlenkamp Rounds Out New McCann Team 

TROY, Mich., June 1 /PRNewswire/ -- As one of the final steps in 
restructuring the agency, Gunnar Wilmot, executive vice president 
McCann-Erickson Worldwide and managing director McCann-Erickson 
Detroit, today announces the appointment of Kevin Moehlenkamp to the 
position of executive vice president and executive creative director of 
McCann-Erickson Detroit. 

Moehlenkamp most recently was senior vice president and creative 
director at BBDO in New York.  At McCann, where he starts June 15, he 
will report to Jonathan Cranin, McCann-Erickson Detroit's chief 
creative officer for General Motors, USA. 

"Kevin's addition to our staff is yet another piston in the engine of 
the 'New McCann,'" said Wilmot.  "His significant talent, experience 
and leadership bring to McCann-Erickson Detroit the world-class 
creative excellence and leadership that we are committed to and that 
our clients expect and deserve." 

"Kevin's appointment combined with other changes of the past year -- 
including several new group account directors, a new head of 
operations, a new media director and a restructuring of the strategic 
planning department -- sets the course for a never-before-seen agency 
enthusiasm and excellence in the coming months.  Further, this is more 
evidence of a continuous improvement process at McCann that has and 
will continue to raise the bar for effective communications in all 
areas of our agency." 

At BBDO, Moehlenkamp's accounts included HB0, Federal Express, Pepsi, 
Pizza Hut, Russell Athletic, Visa, Texaco, Skippy and Doritos.  His 
list of awards includes Addys, Effies, Mobius awards, Clios, One Shows 
and even an Emmy.  Moehlenkamp's career also includes stints with 
Lintas and J. Walter Thompson. 

Moehlenkamp has a bachelor's degree in visual communications from the 
University of Delaware in Newark, Del. 

McCann-Erickson Detroit, a division of McCann-Erickson Worldwide, 
creates advertising for some of America's most prestigious brands, 
including Buick Motor Division, Delphi, the UAW-GM partnership and 
Olympia Entertainment sports and entertainment entities including the 
Detroit Red Wings and The Second City. 

McCann-Erickson Worldwide is the world's largest multinational 
advertising agency system with billings of $10 billion and operations 
in 121 countries. 
 SOURCE  McCann-Erickson Detroit 

-0-                             06/01/98 /CONTACT: John Wray, Public 
Relations Manager of McCann-Erickson Detroit, 248-362-5699/ 
 CO:  McCann-Erickson Detroit ST:  Michigan IN:  ADV SU:  PER 


a0605200391008152b11841202bw1401f1621cardiovascular-dynami3008152-16033206155-16
600029otc usa corporate health+care
601035cardiovascular+dynamics+inc[(ccvd)]
602063business_editors health/medical_writers irvine_calif healthwire
620089CardioVascular Dynamics Promotes O'Donnell to Chief Executive Officer
Effective June 1
 IRVINE, CALIF. (June 1) BW HEALTHWIRE -June 1, 1998--CardioVascular 
Dynamics Inc. (Nasdaq:CCVD) Monday announced that Jeffrey O'Donnell has 
been promoted to chief executive officer of the company effective June 
1. 

O'Donnell joined CVD in November 1995 as vice president of sales and 
marketing.  In August 1997, he was promoted to president and chief 
operating officer of the company. 

O'Donnell replaces Michael Henson as CEO of CVD.  Henson is the 
founder of CVD and has served as CEO since the company was organized in 
1992.  Henson will continue his position as chairman of the board of 
directors of CVD.  In addition, Henson will continue as chairman and 
CEO of Radiance Medical Systems Inc., a spin-off company from CVD. 
Radiance, organized in 1997, is developing patented technology to 
deliver site-specific radiation to prevent restenosis following the 
interventional treatment of atherosclerotic diseases.  CVD currently 
owns approximately 44 percent of the outstanding equity of Radiance and 
will receive royalties from the sales of Radiance products. 

Commenting on the promotion of O'Donnell, Henson said: "Jeff has been 
instrumental in changing CVD's strategic direction over the past twelve 
months.  With the emergence of our Matrix technology and our belief 
that this technology may have potential to be the next breakthrough in 
the interventional treatment of coronary disease, expanding Jeff's role 
to include the position of CEO to manage all of the activities leading 
to the market introduction of the Matrix products is a natural 
extension of his responsibilities. 

"CVD has a proprietary technology platform, significant financial 
resources and a solid management team and board of directors.  Jeff's 
role will be to build on these strengths to make CVD a major competitor 
in the interventional arena." 

CVD develops peripheral and coronary stents, coronary stent delivery 
systems, balloon dilatation catheters for coronary and peripheral 
vascular use, site-specific drug delivery catheters, and vascular 
access products.    

Except for historical information contained herein, this news release 
contains forward looking statements, the accuracy of which are 
necessarily subject to risks and uncertainties. Actual results may be 
affected by, among other things, risks and uncertainties related to new 
product development and introduction cycles, research and development 
activities, including failure to demonstrate clinical efficacy, delays 
by regulatory authorities, scientific and technical advances by CVD or 
third parties, introduction of competitive products, third party 
reimbursement and physician training, and other risk factors and 
matters set forth in the company's Form 10-K for the year ended Dec. 
31, 1997, and the company's quarterly report on Form 10-Q for the 
quarter ended March 31, 1998. 

-0- RMS/np*  JS/np  CB/np 

CONTACT:  CardioVascular Dynamics Inc., Irvine 
           Stephen R. Kroll, 714/457-9546 

KEYWORD:  CALIFORNIA 
 INDUSTRY KEYWORD:  MEDICINE MANAGEMENT CHANGES Today's News On The 
Net - Business Wire's full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a0605200391008152r02261202fu1401f3008152-16033206153-16
600064newsgrid usa commodity oklahoma texas usda kansas trade nebraska
602196$1 meat comments chicago-june_1-fwn_beef_complex_futures_are_called_to live
memorial_day iowa-based technically relative_strength_index rsi open buyer
week-to- demand seller choice select packer
620060CME BEEF COMPLEX CALLED STEADY TO MIXED ON WEAK FUNDAMENTALS
Chicago-June 1-FWN--BEEF COMPLEX FUTURES ARE CALLED TO 
open steady to mixed on weak fundamental factors after 
every beef complex futures contract except June posted a new 
contract low. 

Live cattle futures are expected to open steady to 
mixed on continuing cash weakness and smaller than 
anticipated Memorial Day weekend clearance. 

"The retail clearance was OK, but I think everyone was 
expecting better," one Iowa-based analyst said. 

On Friday, the live cattle futures front months closed 
firmer, with June leading the gains on short covering, 
traders said. The August contract closed only slightly 
firmer after losing 40 cents in the last minutes of trade. 

"Technically, fundamentally, cattle aren't looking 
great," the Iowa-based analyst added. 

On the daily technical charts, June live cattle posted 
an inside day. August contracts made a new contract low at 
$66.05, but have had a mostly sideways day. 

In other technical news, the 9-day Relative Strength 
Index for June live cattle was last reported at 29.4%. For 
August and October, the readings were 19.0% and 15.5%, 
respectively. RSI readings of 30% or lower indicate possibly 
oversold conditions. 

In futures, June led Thursday's volume with 6,460 
contracts. Open interest there was down 910 at 26,938. Open 
interest was up in the August by 1542 contracts at 36,408 
and a volume of 6,102. 

In cash trade, Texas reported no sales on Friday at 
mostly $63. Buyer inquiry was moderate, USDA said. Week-to- 
date sales ending Thursday totaled 117,500 head, which 
includes 23,200 formulated and 2,000 previously contracted cattle. 

Kansas reported 700 sales on Friday at $63. Trade was 
slow with moderate inquiry and demand, according to USDA. 
The weekly total ending Thursday was 84,600 head, including 
36,800 previously contracted or formulated cattle. 

Nebraska reported 600 sales at $99 to $102 on a dressed 
basis. Demand was decent. Seller interest was light, 
according to USDA. The weekly total was 88,000 head. 

In other fundamental news, midday boxed beef prices 
were lower. On 437 fabricated loads, USDA reported Choice 
values 32 cents lower and 29 cents lower at $99.17 and 
$98.12. For Select, values were 19 cents lower and 30 cents 
lower at $95.68 and $94.59. 

The slaughter estimate was 126,000 head. Packer 
breakeven was not available. 

More to follow... 


a1008152p07771202pr1401f1620ca-sync-new-pres&ceo3008152-16033206155-16
600048newsgrid nyase business otc usa corporate nasdaq
601036sync+research+inc[(synx)] ibm[(ibm)]
602266ceo irvine_calif june1 synx president chief_executive_officer
concurrently_greg_reyes co-ceo chairman board john_rademaker company sync's sync
dick_martin greg_reyes_chairman dick reyes martin memorex
stereographics_corporation dick_martin_chief_executive_officer
620045SYNC RESEARCH ANNOUNCES NEW PRESIDENT AND CEO
            Richard W. Martin Appointed President and CEO 

IRVINE, Calif., June 1 /PRNewswire/ -- Sync Research, Inc. (Nasdaq: 
SYNX) today announced the appointment of Richard W. Martin as the 
company's President and Chief Executive Officer.  Concurrently, Greg 
Reyes moves from Co-CEO to concentrate fully on his responsibilities as 
Chairman of the Board. John Rademaker will remain a director of the 
Company. 

The office of CEO was created in October 1997 to strengthen Sync's 
management team and to direct the energy of the Company's sales force 
and its partners on leveraging Sync's technology in the frame relay 
market.  "The appointment of Dick Martin as President and CEO 
solidifies our commitment to fortifying our position in the frame relay 
market.  This change is the next logical transition following the 
seven-month period of a co-CEO management structure," stated Greg 
Reyes, Chairman of the Board.  "Dick brings strong operational 
leadership and experience to Sync Research.  He is an exceptional 
manager, with extensive experience delivering results in the consumer 
and enterprise technology industry.  We are very pleased that he is now 
at the helm," continued Reyes. 

Mr. Martin's experience includes executive posts held at General 
Electric Company, Fairchild Semiconductor, and Memorex.  For the past 
ten years, Mr. Martin served as President and CEO of Stereographics 
Corporation, a leading developer and manufacturer of electronic 
stereoscopic viewing equipment for computer graphics and video 
applications. 

"No doubt there are significant challenges ahead," commented Dick 
Martin, Chief Executive Officer.  "But with challenges come 
opportunities.  My first priority is to continue with the strategic 
direction laid out by the board of directors and concentrate on 
improving our ability to execute as well as increase market penetration, 
" added Martin. 

Sync Research (Nasdaq: SYNX) provides WAN access and management 
solutions that enable customers to harness the power of cooperative 
networking for support of business-critical applications.  With the 
advent of carrier- operated frame relay services, a new model of 
cooperative, customer/carrier networking has emerged.  Sync's 
multiservice WAN access, internetworking and circuit, service and 
performance management solutions enable customers to gain the cost and 
performance advantages of cooperative networking without relinquishing 
control or sacrificing the reliability and safety demanded by today's 
business-critical applications.  Sync products are available worldwide 
from a number of qualified OEM, integrator, network service provider, 
distributor and reseller partnerships.  Company and product information 
is available from Sync InSite, the website for Sync Research at 
www.sync.com. 

Except for historical information contained herein, the matters set 
forth in this news release are forward-looking statements that are 
subject to certain risks and uncertainties that could cause actual 
results of Sync Research to differ materially from those set forth in 
the forward-looking statements, including such factors, among others, 
as significant fluctuations in operating results, uncertain 
profitability, dependence on the IBM customer base, uncertain market 
acceptance of frame relay, uncertain market acceptance of Sync Research 
products, product concentration, dependence on channel partners and 
other resellers, rapid technological change and new products, intense 
competition, and the risk factors set forth in the Company's recent 
filings with the Securities and Exchange Commission, including its 
Reports on Form 10-K and Form 10-Q. 
 SOURCE  Sync Research, Inc. 

-0-                             06/01/98 /NOTE TO EDITORS:  For 
additional information on Sync Research via facsimile at no cost, 
simply call 1-800-PRO-INFO, code SYNX/ 

/CONTACT:  William Guerry, Chief Financial Officer, 949-460-4453, or 
Greg Reyes, Chairman of the Board, 949-460-4495, both of Sync Research; 
or General Information, Danice Van Deren, or Analysts, Sue Dooley, 
415-986-1591, both of The Financial Relations Board/ 

/Web site:  http://www.sync.com/ (SYNX) 
 CO:  Sync Research, Inc. ST:  California IN: SU:  PER 


a1008152b14901202bw1401f1612father's-day3008152-16033206155-16
600038newsgrid business usa corporate oregon
602475advisory june7 business_wire who michael_andretti mario al_unser_jr al pj_jones
parnelli christian_fittipaldi wilson emerson michel_jourdain_jr michel the&
father's_day cart championship_auto_racing_team fedex_championship_series
detroit portland where raceway belle_isle_detroit_michigan
portland_international_raceway why great_father's_day/human_interest
spectacular& perfect weekend tiretracks mario_1984_ppg_cup formula_one father_al
ppg_cup_champ indy_500 of he's
620063ADVISORY/SUGGESTION FOR A FATHER'S DAY/HUMAN  INTEREST FEATURE:
  (June 1) BUSINESS WIRE -June 1, 1998-- 

IN THE WORLD OF CHAMPIONSHIP AUTO RACING, FATHER'S DAY IS JUST ANOTHER 
DAY AT THE OFFICE... SONS OF FAMOUS FATHERS FOLLOW IN THEIR TIRE TRACKS 

WHO:      Michael Andretti, son of Mario. 

Al Unser, Jr., son of Al. 
           PJ Jones, son of Parnelli. 

Christian Fittipaldi, son of Wilson, nephew of Emerson. 
           Michel Jourdain, Jr., son of Michel. 

The drivers and fathers & sons are available for 
           interviews for a unique Father's Day feature. 

WHAT:     Like their fathers before them, these drivers have 
           followed in their father's tire tracks. As members 

of CART (Championship Auto Racing Team) driving in the 
           FedEx Championship Series, these young heroes have 

made the commitment to be the fastest, the best and put 
           themselves in machines attaining speeds of more than 

240 mph; so close to the ground you can feel the 
           asphalt. 

WHEN:     RACES PRIOR TO FATHER'S DAY FOR FOOTAGE/INTERVIEWS: 
         --June 7th - Detroit 

--FATHER'S DAY 
         --June 21st - Portland 

WHERE:    6/07: The Raceway on Belle Isle, Detroit, Michigan. 
           6/21: G.I. Joe's 200 at Portland International Raceway, 

Oregon. 

WHY:      Great Father's Day/Human Interest story. Spectacular 
           existing art & photo op available - Perfect advance 

feature for Weekend editions. 

TIRETRACKS: 

Michael Andretti has 36 career victories with earnings close to $15 
million. His father is Mario, 1984 PPG Cup and 1978 Formula One champ. 

Al Unser, Jr. has 31 career victories with earnings over $18 million. 
He's part of racing's fastest family. Father, Al, is a two- time PPG 
Cup Champ and four-time Indy 500 winner. Of his father, he says, "He's 
taught me everything I know, but he hasn't taught me everything he 
knows." 

-0- CSD/ch* 

CONTACT: Scoop Marketing 
          Larry Solters, 310/360-6060 

Janie Hoffman, 201/934-8290 

INDUSTRY KEYWORD: ADVISORY  Today's News On The Net - Business Wire's 
full file on the Internet 

with Hyperlinks to your home page. 
                      URL: http://www.businesswire.com    


a1008152p07781202pr1401f1621pa-ny-gmac-reg-office3008152-16043206155-16
600053newsgrid business usa corporate pennsylvania internet
602320customers upstate_new_york horsham_pa june1 gmac_commercial_mortgage_company
gmaccm rochester_ny new+york twelve-year-old_first_monroe
gmac_commercial_mortgage first_monroe regional_manager grossman berns
max_grossman president_mark_grossman vice_president_samuel_berns rochester
america gmac_financial_services news
620080GMAC COMMERCIAL MORTGAGE OPENS NEW REGIONAL OFFICE TO OFFER EXPANDED
SERVICES
                   To Customers in Upstate New York 

HORSHAM, Pa., June 1 /PRNewswire/ -- GMAC Commercial Mortgage Company 
(GMACCM) announced that it has opened a new regional office in 
Rochester, NY, to provide commercial real estate and mortgage banking 
services to upstate New York and parts of Pennsylvania. 

Twelve-year-old First Monroe that has historically placed an average of 
$100 million in loans annually opened today as GMAC Commercial 
Mortgage. 

"We are very pleased that with this action, First Monroe becomes our 
35th U.S. regional office and gives us exposure to this very important 
area of the Northeast," said Edward Riedlinger, GMACCM Senior Vice 
President and Regional Manager.  "Mr. Grossman and Mr. Berns enjoy a 
solid reputation among their customers and we are proud to be 
associated with them.  They will be able to offer customers a much 
broader array of services, drawing upon the full resources of the 
GMACCM organization." 

Max Grossman founded First Monroe in 1986.  It has five employees, 
including President Mark Grossman and Vice President Samuel Berns, both 
of who have joined GMACCM as vice presidents and will continue to 
operate the Rochester office. 

GMACCM is America's leading one-stop financial resource in the 
commercial mortgage banking industry.  The diverse lending and 
servicing specialist has a servicing portfolio of more than $45 
billion, and offers a variety of products and resources including 
long-term, interim and construction financing.  GMACCM is a wholly 
owned subsidiary of GMAC Financial Services. 

News releases and other information about GMAC Commercial Mortgage and 
its products and services are available at http://www.gmaccm.com on the 
Internet. 
 SOURCE  GMAC Commercial Mortgage Corporation 

-0-                             06/01/98 /CONTACT:  Scott Rombach of 
GMAC Commercial Mortgage, 215-328-3383/ 

/Web site:  http://www.gmaccm.com/ 
 CO:  GMAC Commercial Mortgage Corporation ST:  Pennsylvania, New York 
IN:  FIN RLT SU: 


a1008152r06851202fu1401f3008152-16043206153-16
600028newsgrid usa commodity grain
602394table basis_trading_day bid_july_basis grand_island_ne_2.19 n.w.iowa_delayed
s.w.iowa_delayed davenportia_2.41 pekin_il_n/a_n/a_n/a peoria_il_2.41_1/2
delphi_in_2.29 louisville_2.40 decatur_il_2.45 champaignil_2.33 louis_2.47
toledo_oh_2.26_3/4 cincinnati_2.41 topeka_ks_2.38_1/2 sikeston_mo_2.34
minneapolis_delayed kokomo_in_2.27 troy_oh_2.24 saginaw_mi_2.19 n/a available
n/c comparison
620021CORN CASH MARKET SCAN
6/01 
                                           PREVIOUS 
--                               BASIS   TRADING DAY'S 
--   --          BID             JULY        BASIS    
Grand Island, NE 2.19            -19 3/4      -19 1/2 
N.W. Iowa        Delayed                      -22 1/2 
S.W. Iowa        Delayed                      -22 1/2 
Davenport,IA     2.41            +02 1/4      +04 1/2 
Pekin, IL        N/A             N/A          N/A 
Peoria, IL       2.41 1/2        +02 3/4      +03 1/2 
Delphi, IN       2.29            -09 3/4      -11 1/2 
Louisville       2.40            +01 1/4      +01 1/2 
Decatur, IL      2.45            +06 1/4      +06 
Champaign,IL     2.33            -05 3/4      -07 1/2 
St. Louis        2.47            +08 1/4      +10 1/2 
Toledo, OH       2.26 3/4        -12          -12 
Cincinnati       2.41            +02 1/4      +03 1/2 
Topeka, KS       2.38 1/2        -00 1/4      +00 
Sikeston, MO     2.34            -04 3/4      -04 1/2 
Minneapolis      Delayed                      -07 
Kokomo, IN       2.27            -11 3/4      -11 1/2 
Troy, OH         2.24            -14 3/4      -45 1/2 
Saginaw, MI      2.19            -19 3/4      -20 1/2 

N/A = Not Available 
N/C = No Comparison 


a1008152p07791202pr1401f1620co-corporate-express3008152-16043206155-16
600024otc usa corporate retail
601029corporate+express+inc[(cexp)]
602021broomfield_colo june1
620065CORPORATE EXPRESS INCREASES OPERATING PROFIT 50% IN FIRST QUARTER
BROOMFIELD, Colo., June 1 /PRNewswire/ -- Corporate Express, Inc. 
(Nasdaq: CEXP), a leading supplier of non-production goods and services 
to large corporations, announced the results of its first quarter ended 
May 2, 1998. 

Sales increased to $1.11 billion for the three months ended May 2, 1998 
from $0.92 billion in the three months ended May 3, 1997.  Operating 
profit increased to $41.8 million compared to $28.0 million for the 
same period of the prior year.  Earnings per share were 12 cents for 
the first quarter of 1998, up from 9 cents for the same three months 
ended May 3, 1997.  EBITDA increased to $60.9 million from $44.2 
million, a 38% improvement.  The first quarter numbers exclude a one 
time extraordinary net charge of $1.1 million, reflecting early 
retirement of debt.  Including such one time extraordinary charge, 
earnings per share for the first quarter were 11 cents. 

"We are beginning to see the results of the groundwork we established 
during the last year," explained Jirka Rysavy, Chairman and Chief 
Executive Officer.  "There are solid improvements in our international 
operations and continued reduction of operati