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 operating expenses as a result of our consolidation efforts. We are pleased with our operating performance as well as our strong internal revenue growth." Amortization of goodwill created by the accounting treatment of acquisitions, has no affect on the cash flow the Company generates, but reduces the amount of earnings reported under generally accepted accounting principles. Such amortization during the first quarter was $5.7 million after tax. The EPS effect of this goodwill amortization was 4 cents in the quarter as reported based upon 136.7 million fully diluted shares. Such number does not fully reflect the effect of the Dutch Auction Tender Offer completed during the first quarter, in which the Company purchased 35 million shares of common stock at a price of $10.75, reducing its outstanding shares by 25%. Additionally, on May 29, 1998 the Company finalized the sale of $350 million 9 5/8% Senior Subordinated Notes. Currently, the Company has approximately $600 million of funds available under its new, 5-year, $750 million multi-currency revolving credit facility. This press release may include forward-looking statements. There can be no assurance that actual results will not differ from the Company's expectations. Factors which could cause materially different results include, among others, uncertainties related to the introduction of the Company's new products and services, the successful completion and integration of acquisitions, and possible negative economic conditions. The Company currently operates in more than 700 worldwide locations, including more than 90 distribution centers, utilizes a fleet of over 10,000 delivery vehicles, and employs approximately 27,000 people in the United States, Canada, the United Kingdom, Ireland, Germany, Switzerland, France, Italy, Australia and New Zealand.    CORPORATE EXPRESS, INC.   CONSOLIDATED STATEMENTS OF OPERATIONS  (In thousands, except per share amounts)   Three Months Ended  May 2, % of May 3, % of  1998 Net Sales 1997 Net Sales   Net sales $1,108,061 100.0% $921,455 100.0%  Cost of sales 850,291 76.7% 703,650 76.4%  Gross profit 257,770 23.3% 217,805 23.6%   Warehouse operating and  selling expenses 182,825 16.5% 160,757 17.4%  Corporate general and  administrative expenses 33,102 3.0% 29,098 3.2%  Operating profit 41,843 3.8% 27,950 3.0%   Interest expense and other, net 12,791 1.2% 8,953 1.0%  Income before income taxes 29,052 2.6% 18,997 2.0%  Income tax expense 13,044 1.2% 7,500 0.8%  Income before minority interest 16,008 1.4% 11,497 1.2%  Minority interest (income) expense 196 0.0% (911) -0.1%  Income before extraordinary item 15,812 1.4% 12,408 1.3%  Extraordinary item:  Loss on early extinguishment  of debt 1,104 0.1% -- 0.0%  Net income $14,708 1.3% $12,408 1.3%   Net income per share - Basic:  Income before extraordinary item $0.12 $0.10  Extraordinary item (0.01) 0.00  Net income $ 0.11 $0.10   Net income per share - Diluted:  Income before extraordinary item $ 0.12 $0.09  Extraordinary item (0.01) 0.00  Net income $0.11 $0.09   Weighted average common shares  outstanding:  Basic 134,410 126,067  Diluted 136,729 131,268   EBITDA (excluding extraordinary  item) 60,854 5.5% 44,193 4.8%  SOURCE Corporate Express, Inc. -0- 06/01/98 /CONTACT: Rick Roth, VP Corporate Communications of Corporate Express, 303-664-3970/ /Company News On-Call: http://www.prnewswire.com or fax, 800-758-5804, ext. 103352/ /Web site: http://www.corporate-express.com/ (CEXP)  CO: Corporate Express, Inc. ST: Colorado IN: REA SU: ERN a0605200391008152b01771202bw1401f1606boreal3008152-16043206155-16 600064newsgrid nyase business otc usa corporate mining nevada virginia 601036cominco[(clt)] falconbridge[(falcf)] 602283business_editors quebec_city_quebec business_wire me bor boreal sodemex soquem capital cpdq caisse depot placement quebec sodemex_ii fonds nord-du-quebec fenton au gold_hill round_mountain ag latest private sodemexi ii economic boreal_exploration partners exchange montreal symbol 620116Boreal Exploration - $250,000 Private Placement With Sodemex and the Fonds Regional de Solidarite Nord-du-Quebec QUEBEC CITY, QUEBEC (June 1) BUSINESS WIRE -June 1, 1998--(ME:BOR.) Boreal is glad to announce that the limited partnerships Sodemex, held jointly by Soquem and Capital d'Amerique CPDQ inc., a subsidiary of Caisse de Depot et de Placement du Quebec as well as Sodemex II, have each underwritten $ 50,000 In a similar placement, the Fonds regional de solidarite Nord-du-Quebec has also underwritten $ 150 000 in Boreal's capital stock. This marks the first investment in a junior mining exploration company by the Fonds regional. This investment is part of their involvement strategy whose purpose is to support mining companies that are active in the Nord-du-Quebec region and offer a production potential over the short and medium terms, and the Fenton property meets these objectives. 1,250,000 common shares and 1,250,000 warrants were issued at $0.20 per share including one warrant that can be exercised at $0.26 for a period of 18 months. Boreal owns, has an interest or an option in over 16 properties in Quebec and one in the state of Nevada. Fenton is the most advanced property in Quebec with global resources of 303,000 tonnes @ 4,24 g/t Au. The mineralized zone outcrops and is open at depth. The Gold Hill property, located near the 14 M oz deposit of Round Mountain in Nevada, has a 350,000 ounces Au and 5,500,000 ounces Ag resource base that could be mined by open pit ant treated by heap leaching.  Latest news  - $ 250,000 Private placement with Sodemex I and II and the Fonds regional de solidarite Nord-du-Quebec.  - Economic drill results on Fenton.   Boreal Exploration  16 properties in Quebec and 1 in Nevada  Partners: - Cominco - Falconbridge - SOQUEM - S.D.B.J. - Virginia   Exchange : Montreal Symbol : BOR 9,247,574 shares issued  -0- CSD/ch* CONTACT: Boreale Exploration  Guy Bedard, 418/694-9698 418/692-3969 (FAX)  boreale@videotron.ca KEYWORD: NEW YORK INDUSTRY KEYWORD: MINING/METALS 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 a1008152b14911202bw1401f1603s&p3008152-16043206155-16 600048newsgrid business usa corporate banking property 602202business_editors new+york business_wire standard&poor los+angeles_county_calif trans standard&poor los+angeles_county tran strong lacera additional medi-cal overall outlook long-term stable creditwire 620052S&P Rts Los Angeles Cnty,CA TRANs SP-1+;Outlk Raised NEW YORK (June 1) BUSINESS WIRE -June 1, 1998--Standard & Poor's today assigned its 'SP-1'-plus rating to Los Angeles County, Calif.'s 1998-1999 tax and anticipation revenue notes (TRANs) series A dated July 1, 1998 due June 30, 1999. The TRANs are scheduled to sell June 4, 1998. At the same time, Standard & Poor's affirmed its outstanding long-term ratings on Los Angeles County. The outlook on Los Angeles County has been revised to stable from negative. The outlook revision on Los Angeles County reflects a stabilizing financial position, including a fiscal plan to reduce the county's reliance on one-time revenues. The TRAN rating reflects:  -- The county's general fund pledge, -- The early segregation of pledged revenues to pay debt service, and -- Strong overall debt service coverage by net general fund cash balances and other cash resources. The notes are secured by all available unrestricted revenues received by the county and attributable to fiscal 1999. For note repayment, the county has pledged taxes, income, revenues, and other unrestricted monies to be received by the county in fiscal 1999. While coverage at fiscal year-end 1999 is 1.12 times (x), the county also has access to significant cash sources if general fund revenues do not meet projections, boosting overall coverage to about 2x. These additional sources include a variety of tax and other revenues of the county held outside the general fund. The county's general long-term credit characteristics include:  -- A very large, deep and diverse economic base that, while hard-hit by the recent recession, continues to show signs of recovery; -- A moderate and manageable debt burden, and  -- A stabilizing financial position that remains dependent on the use of one-time revenues and on future federal and state actions. Los Angeles County (population 9.4 million) is currently experiencing broad-based job growth after what has so far been a relatively modest recovery. The unemployment rate has been well above the national average in recent years but appears to be declining and is forecasted to be about 6.7% this year. Property value trends appear to have stabilized with assessed values increasing 1.9% in 1998 to $456 billion, or $48,300 per capita. The county's debt levels remain moderate and manageable at $1,229 per capita and 2.5% of true value. The county's financial position remains vulnerable but appears to be stabilizing as management works to adopt long-term strategies to eliminate the use of one-time revenues for ongoing operations and improve the performance of operating departments. The county ended fiscal 1997 with an unreserved general fund balance of $11.8 million, or 0.2% of expenditures. This balance compares to a budget-basis fund balance of $121.2 million which differs primarily because of the county's budget practice of accounting for workers compensation liabilities in the year they are to be paid. For fiscal 1998, the county is projecting a fund balance level of about $100 million on a budget basis. The county's fiscal 1999 budget estimates an additional $49 million in new general fund monies, mostly as a result of improving revenue performance. The county plans to apply $30 million of those monies toward the resumption of its current annual retirement contribution to LACERA (the county's retirement fund), and to wean itself off the use of excess retirement earnings over five years. The county currently relies on about $150 million in excess pension earnings for general fund operations annually. The county intends to increase payments to the fund over the next few years to ensure that it remains fully funded. The county indicates that the pension fund is currently overfunded at 101.3%. Additional new general fund revenues above the $30 million will mostly be applied to infrastructure and capital programs. The county's health care restructuring is still underway. The county has embarked on a reengineering program to achieve savings in its health care operations in order to create a viable health care operation once the existing 1115 waiver expires in two years. Under the 1115 waiver provided by the federal government, the county is permitted to extend eligible Medi-Cal reimbursement to indigent patients and shift more care to less expensive outpatient facilities. Los Angeles County estimates that when the waiver is runs out, the county will face a structural deficit of $300 million in the absence of revenue and reengineering options that the county will be working on over the next two years. Overall, the county's budget assumptions appear achievable. The budget includes funding for the new salary agreement with employees that will increase compensation by a manageable 10% over three years. OUTLOOK (LONG-TERM): STABLE The outlook reflects the recovering economic base and the expectation that the county's proactive steps to reduce its future reliance on one-time revenues and achieve operational efficiencies in its health care services will be met, Standard & Poor's said. --CreditWire -0- mb/ms* Contact: Daniel Stone, San Francisco (1) 415-765-5016  Peter Bianchini, San Francisco (1) 415-765-5009 Copyright 1998, Standard & Poor's Rating Services KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING 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 a1008152p07801202pr1401e1618ca-city-of-hope-cd3008152-16043206155-16 600057newsgrid business usa corporate entertainment health+care 602619country_music_album_release benefit_city hope los+angeles_june1 hip-0_records country_superstar_hits city hope_national_medical_center beckman_research_institute los+angeles hiv/aids wrangler/city hope_celebrity_softball_game nashville fan_fair artists george_strait i_can_still_make_cheyenne alan_jackson she's_got rhythm andi_got blues martina_mcbride safe arms love steve_wariner ifi_could_make living_out loving_you clint_black_patty_loveless_vince_gill mavericks_terri_clark_bryan_white kevin_sharp los+angeles_california hope's_24-hour_hope_connection universal_music_group universal_concerts source_city 620026BUY A CD, HELP SAVE A LIFE  Country Music Album Release to Benefit City of Hope LOS ANGELES, June 1 /PRNewswire/ -- On June 2, the healing power of music becomes even stronger when Hip-0 Records releases "Country Superstar Hits," a collection of country music songs from 13 of today's biggest stars. A portion of Hip-0 Records' proceeds from the sale of the album will be donated to the City of Hope National Medical Center and Beckman Research Institute located in Los Angeles. City of Hope is renowned for its treatment and research to combat cancer, diabetes, HIV/AIDS and other devastating illnesses. The album's release precedes the Wrangler/City of Hope Celebrity Softball Game on June 14 (which doubles as the unofficial kickoff to Nashville's biggest music event, Fan Fair). Some of country music's most popular artists have contributed tracks to the album and will be featured at the game. Artists and songs featured on Country Superstar Hits include:   * George Strait, "I Can Still Make Cheyenne"  * Alan Jackson, "She's Got the Rhythm (And I Got the Blues)"  * Martina McBride, "Safe in the Arms of Love"  * Steve Wariner, "If I Could Make a Living Out of Loving You"   Clint Black, Patty Loveless, Vince Gill, the Mavericks, Terri Clark, Bryan White and Kevin Sharp also contributed to the album. This super collection of hits is available at major retailers nationwide, or by phone at 800/409-4197. The cost is $13.98 for compact disc and $8.98 for cassette. The City of Hope National Medical Center and Beckman Research Institute is renowned for its treatment and research to combat cancer, diabetes, HIV/AIDS and other serious illnesses. The work conducted at City of Hope is shared with medical centers worldwide, touching the lives of millions of people everywhere. City of Hope is located in Los Angeles, California. For answers to questions about cancer and its treatment, call City of Hope's 24-hour Hope Connection at 1-800-341-HOPE, or visit the website at www.cityofhope.org. The Universal Music Group encompasses Hip-O Records, MCA Records, MCA Records Nashville, GRP Recording Company, Geffen Records, Universal Records, Interscope Records, Universal Music & Video Distribution, Universal Music International, MCA Music Publishing and Universal Concerts.  SOURCE City of Hope National Medical Center -0- 06/01/98 /CONTACT: Jennifer Ballantyne of MCA, 818-777-4838; or Mary Baerg of City of Hope, 213-892-7182/ /Web site: http://www.cityofhope.org/  CO: City of Hope National Medical Center; Universal Music Group ST: California IN: ENT HEA SU: PDT a1008152p07811202pr1401f1621oh-assoc-estates-meet3008152-16053206155-16 600037newsgrid nyase business usa corporate 601037associated+estates+realty+corp[(aec)] 602015cleveland_june1 620081ASSOCIATED ESTATES REALTY CORPORATION ANNOUNCES ANNUAL MEETING OF SHAREHOLDERS  CLEVELAND, June 1 /PRNewswire/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that the Company will hold its annual meeting of shareholders on Monday, June 29, 1998 at 10:00 am EDT at The Forum in Cleveland, Ohio. In addition to the election of directors, the purpose of the meeting is to approve the previously-announced proposed merger of MIG Realty Advisors, Inc. into the Company and the related purchase of eight multifamily properties and two development properties. These transactions are expected to close promptly following the annual meeting. Proxy material is being distributed to shareholders of record as of May 1, 1998 who are entitled to vote at the meeting. Others may request a copy of the proxy statement by contacting Investor Relations at 216-797-8752. Associated Estates Realty Corporation is a real estate investment trust ("REIT"), headquartered in Richmond Heights, Ohio, a suburb of Cleveland. The Company specializes in the development, acquisition, ownership and management of multifamily properties and currently owns or is a joint venture partner in 18,920 suites in 90 multifamily properties located primarily in the Midwest. The Company has been recognized for "outstanding achievements in the apartment and development and management industry" through the 1998 Pillars of the Industry Award in the Callsource Property Manager of the Year category. For more information, please contact: Barbara E. Hasenstab, Director of Investor Relations, 216-797-8798. This press release and other corporate information is also available on AEC's home page at www.aecrealty.com.  SOURCE Associated Estates Realty Corporation -0- 06/01/98 /CONTACT: Barbara Hasenstab of Associated Estates, 216-797-8798/ /Company News On-Call: http://www.prnewswire.com or fax, 800-758-5804, ext. 055134/ /Web site: http://www.aecrealty.com/ (AEC)  CO: Associated Estates Realty Corporation ST: Ohio IN: RLT FIN SU: a1008152r06861202fu1401f3008152-16053206153-16 600028newsgrid usa commodity grain 602413table basis_trading_day bid_july_basis grand_island_ne_5.85 n.w.iowa_delayed s.w.iowa_delayed davenport_ia_6.24 pekin_il_n/a_n/a_n/a peoria_il_6.24_1/2 delphi_6.19 louisville_6.25 decatur_il_6.44_1/2 champaign_il_6.27 louis_6.31 toledo_oh_6.16_1/4 cincinnati_6.27 topeka_ks_6.03_1/2 sikeston_mo_6.17 minneapolis_delayed kokomo_in_6.19 troy_oh_6.12 saginaw_mi_6.08 emporia_ks_6.26 n/a available n/c comparison 620024SOYBEAN CASH MARKET SCAN 6/01 -- -- PREVIOUS -- -- BASIS TRADING DAY'S -- -- BID JULY BASIS Grand Island, NE 5.85 -33 1/2 -31 1/2 N.W. Iowa Delayed -22 1/2 S.W. Iowa Delayed -25 1/2 Davenport, IA 6.24 +05 1/2 +05 1/2 Pekin, IL N/A N/A N/A Peoria, IL 6.24 1/2 +06 +08 1/2 Delphi 6.19 +00 1/2 -00 1/2 Louisville 6.25 +06 1/2 +03 1/2 Decatur, IL 6.44 1/2 +26 +25 Champaign, IL 6.27 +08 1/2 +06 1/2 St. Louis 6.31 +12 1/2 +11 1/2 Toledo, OH 6.16 1/4 -02 1/4 -03 Cincinnati 6.27 +08 1/2 +07 1/2 Topeka, KS 6.03 1/2 -15 +17 Sikeston, MO 6.17 -01 1/2 -03 1/2 Minneapolis Delayed -08 Kokomo, IN 6.19 +00 1/2 +00 1/2 Troy, OH 6.12 -06 1/2 -06 1/2 Saginaw, MI 6.08 -10 1/2 -11 1/2 Emporia, KS 6.26 +07 1/2 +07 N/A = Not Available N/C = No Comparison a0605200391008152b11851202bw1401f1608showcase3008152-16053206155-16 600084newsgrid nyase business otc usa corporate computers electronics canada europe sales 601038ibm[(ibm)] arbor+software+corp[(arsw)] 602712business_editors san+francisco business_wire dimension_budget dimension_data_systems incorporated showcase corporation dimension_budget tm showcase_strategy as/400 showcase_corporation strategy dimension_data_systems_president chief_executive_officer_robert_lautt customers clarity_systems_president_mark_nashman dimension_data ibm_as/400 founded showcase software_2000 lawson_software_walker_interactive asia-pacific united+kingdom_germany_france benelux world_wide_web dimension_data_systems_inc enterprise_solutions profit_planning&control fortune_1000 together_dimension_data dimension_control dimension_allocate p&l additionally_dimension_data decision_support_technology information arbor essbase 620119New On-demand Budgeting Solution Available From Dimension Data Systems and ShowCase Corporation for As/400 Customers  SAN FRANCISCO (June 1) BUSINESS WIRE -June 1, 1998 Dimension Budget delivers immediate productivity through on-line, real-time solutions that are quickly deployed at a low cost of ownership. Dimension Data Systems(R) Incorporated and ShowCase(R) Corporation today announced the immediate availability of Dimension Budget(TM), a new packaged product for on-demand budgeting, planning and forecasting solutions for customers of ShowCase STRATEGY(TM), the leading provider of business intelligence products for the AS/400 market. Dimension Budget is a quick-to-deploy, easy-to-use system that unifies all budgeting and planning activities across a corporation. Dimension Data Systems and ShowCase Corporation are jointly marketing the product for STRATEGY customers through the ShowCase direct sales force. "Dimension Budget unifies and controls the budgeting process across all functions of the corporation, a major challenge facing businesses today, " said Dimension Data Systems President and Chief Executive Officer Robert Lautt. "By unifying all budgets and eliminating the pain of managing numerous disconnected budgeting and re-forecasting processes, Dimension Budget reduces budgeting cycle-time, brings more managers into the budgeting process, and delivers information to executive decision makers faster and more reliably." ShowCase Corporation President Ken Holec noted that Dimension Budget answers unmet demand for pre-packaged solutions to budgeting and planning challenges. "Customers have indicated they need budgeting applications that are quickly deployed with a low cost of ownership. Most importantly, they want solutions that immediately increase productivity for decision-makers. This is precisely what Dimension Budget delivers." Clarity Systems President Mark Nashman, a Dimension Data and ShowCase Corporation implementation partner, said that Dimension Budget solves all of the classic budgeting problems. "It elevates budgeting to an on-line, real-time activity collapsing cycle times to minutes or hours, versus weeks or months. And customers with home-grown spreadsheets can link them directly to the product. This is immensely beneficial in terms of generating widespread acceptance of a new budgeting solution within an organization." About ShowCase Corporation ShowCase Corporation(R) is the leading provider of end-to-end data warehouse solutions for the IBM AS/400 platform which assist its customers in building strategic enterprise-wide business intelligence solutions. ShowCase(R) STRATEGY(TM) is an integrated offering that enables customers to perform data transformation, extraction, distribution, and analysis, with the centralized security and maintenance of a server-based architecture. Founded in 1989, ShowCase has more than 200 employees worldwide serving customers at more than 2, 600 active client sites in 50 countries. The company also has strategic relationships with major software companies including Arbor Software, J.D. Edwards, Infinium Software (formerly Software 2000), Lawson Software, Walker Interactive and Dimension Data. IBM has assisted and supported ShowCase as a key provider of data warehousing solutions for the AS/400. ShowCase sells products in the U.S. and Canada through direct sales operations and operates subsidiaries in Asia-Pacific, the United Kingdom, Germany, France, and the Benelux region of Europe, in addition to its worldwide distribution network. For information regarding products and services, contact ShowCase at (800)829-3555 or visit its World Wide Web site at . About Dimension Data Systems, Inc. Dimension Data Systems develops and markets packaged software to provide Enterprise Solutions for Profit Planning & Control. These solutions unify budgeting, forecasting, management reporting, allocations management, and customer & product profitability analysis across all corporate functions including finance, administration, sales, manufacturing and operations. Dimension Data leverages packaged, flexible software products and a strong customer and partner focus to deliver robust, scalable solutions to the Fortune 1000. Together, Dimension Data's product suite, Dimension Budget(TM), Dimension Control(TM), and Dimension Allocate(TM), are rapidly deployed to plan and control every line of the corporate P&L, every product, every customer and every department. Dimension Data's customers include AirTouch, Del Monte, Digital Equipment, Grand & Toy, Iomega, Medtronic, Staples, Toyota, and T.Rowe Price. Dimension Data's products are co-marketed with partners worldwide including Arbor Software Corporation, ShowCase Corporation, and IBM. Additionally, Dimension Data partners with system integrators, consulting partners, and resellers including, Clarity Systems, Painted Word Consulting, Data Into Action and Decision Support Technology. Information on Dimension Data products and services can be found http://www.dimensiondata.com. Dimension Data can be reached via e-mail at Sales@dimensiondata.com or by calling 1-800-666-2823. Dimension Data and Dimension Budget(TM), Dimension Control(TM) and Dimension Allocate(TM) are trademarks of Dimension Data Systems, Inc. Arbor and Essbase are registered trademarks of Arbor Software Corporation (Nasdaq: ARSW). Any other product or company names may be trademarks or registered trademarks of their respective owners. -0- cl/ms* CONTACT: ShowCase Corporation, Rochester  Alice Englin, 507/287-1764 Aenglin@showcasecorp.com  or Dimension Data Systems  Brad Margolis, 415/356-2322 Bmargolis@dimensiondata.com KEYWORD: CALIFORNIA  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 a0605200391008152p03291202pr1401f1621al-vesta-announcement3008152-16053206155-16 600074newsgrid nyase business usa corporate insurance banking financial+services 601032vesta+insurance+group+inc[(vta)] 602020birmingham_ala june1 620024VESTA MAKES ANNOUNCEMENT BIRMINGHAM, Ala., June 1 /PRNewswire/ -- Vesta Insurance Group, Inc. (NYSE: VTA) (the "Company") announced today that it is conducting an internal investigation, undertaken at its own initiative, into possible accounting irregularities that are likely to affect its previously reported earnings for the first quarter of 1998 and the fourth quarter of 1997. The Company indicated that, although the investigation is in its early stages, it has to date identified a net financial impact of these issues approximating $15.25 million affecting these quarters. The investigation is also considering whether the irregularities affect any of the Company's other previously reported results. The Company also reported that it had received and accepted the resignation of Robert Y. Huffman, President and Chief Executive Officer of the Company and a member of its Board of Directors. The Board of Directors has appointed an operating committee consisting of R.K. Richey, Norman L. Rosenthal and Clifford F. Palmer. Norman W. Gayle III, Executive Vice President and Chief Operating Officer, will serve as the acting Chief Executive Officer. Mr. Gayle stated that the Company had hired outside counsel, Shereff, Friedman, Hoffman & Goodman, LLP, to conduct the investigation, and that it intended to complete the internal investigation as expeditiously as possible. Mr. Gayle also said that the Company was confident that the results of the investigation would not impact the overall positive financial health of Vesta nor interfere with its business. Vesta Insurance Group, Inc., headquartered in Birmingham, Alabama, is a holding company for a group of property and casualty insurance companies that offer reinsurance and primary insurance for personal and commercial risk. Any statement contained in this release that is not a historical fact, or that might otherwise be considered an opinion or projection concerning the Company or its business, whether expressed or implied, is meant as and should be considered a forward-looking statement as that term is defined in the Private Securities Litigation Reform Act of 1996. Forward-looking statements are based on the assumptions and opinions concerning a variety of known and unknown risks. If any of these assumptions or opinions prove incorrect, any forward-looking statements made on the basis of such assumptions or opinions may also prove materially incorrect in one or more respects.  SOURCE Vesta Insurance Group, Inc. -0- 06/01/98 /CONTACT: Investors: Brian R. Meredith of Vesta Insurance Group, 205-970-7064; or Media: Tracey Stearns, or Dawn Dover of Kekst and Company, 212-521-4800, for Vesta/ (VTA)  CO: Vesta Insurance Group, Inc. ST: Alabama IN: INS FIN SU: a0605200391008152b01461202bw1401f1605idt-23008152-16053206155-16 600087otc usa corporate computers electronics telecommunications nasdaq philippines malaysia 601025[(idti)] idt+corp[(idtc)] 602631business_editors/computer_writers santa_clara_calif business_wire idti risc riscore32300 tm representing idt's_riscore32300 rc32364 idt dsp riscore32300_risc nick_kucharewski kucharewski thus windows_ce-based riscore32300-based new_riscore32300_architecture based mips-ii additional jtag rc32364_the_whole_product_solution fabricated cmos rc32364 mips macs/sec a_100-mhz riscore4000-compatible mmu tlb i/o additionally rc32364-based idt_riscontroller rtos riscontroller mips offering pricing availability tqfp q3cy98 x86 srams headquartered california_oregon world_wide_web cd-rom riscore32300_rc32364 riscontroller idt_inc 620170IDT Unveils First in New Class of 32-Bit Embedded Risc Microprocessors; New RC32364 Delivers Unprecedented Price/Performance for Mid-Range Communications Applications SANTA CLARA, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--IDT (NASDAQ:IDTI), a leading manufacturer of RISC microprocessors, today unveiled the first member of its RISCore32300(TM) family of embedded microprocessors, a new class of low-cost, 32-bit devices enhanced for communications applications. Representing the first device based on IDT's RISCore32300 family, the RC32364(TM) microprocessor delivers unprecedented price/performance for microprocessors, breaking through the 10 cents/MIPS barrier. The RC32364 takes direct aim at cost-sensitive communications applications where high performance at a low cost is a critical design issue. Several additional members of the RISCore32300 family will be introduced during the next 12 months. The RISCore32300 family was designed by IDT from the ground up and implements architectural features previously found only in 64-bit microprocessors. This new processor family defines a new class of 32-bit architecture by providing designers with features normally associated with 64-bit devices, but without the cost, power consumption, porting and software development issues of moving to 64-bit architectures. These features include extensive DSP functionality, enhanced bandwidth management through innovative pre-fetch support and non-blocking loads, and leading-edge conditional move instructions. "The RISCore32300 RISC microprocessor family was developed to deliver high performance with new levels of functionality to the embedded market for high-volume applications," said Nick Kucharewski, vice president of IDT's microprocessor division. "This new family bridges the gap between 32- and 64-bit microprocessor architectures by combining the cost and power dissipation advantages of 32-bit with the performance advantages of 64-bit. We expect to find widespread acceptance in the telecom, internetworking and multimedia application segments, where relatively high performance and low prices are common design goals." Kucharewski pointed out that the RISCore32300 family is fully compliant with requirements of the Microsoft Windows CE, Version 2.1 operating system. Thus, designers now implementing Windows CE-based designs can integrate RISCore32300-based devices into their systems to take advantage of the performance, functionality, feature set and low cost of this new microprocessor family. New RISCore32300 Architecture Based on an enhanced MIPS-II instruction-set architecture, the new 32-bit enhanced architecture RISCore32300 family features a high-speed, scalar 5-stage pipeline to minimize branch and load delays. Additional enhanced features include extensive DSP functionality, pre-fetch and non-blocking loads. Another key feature of the new RISCore32300 family is an enhanced JTAG interface enabling boundary scan and low-cost in-circuit emulation. The enhanced JTAG in-circuit emulation interface allows rapid development of low-cost, in-circuit emulation for the RISCore32300 family-based products, regardless of the external interface. RC32364 -- The Whole Product Solution Fabricated on IDT's "performance-tuned" 0.30-micron CMOS line, the 133-MHz RC32364 achieves 175-Dhrystone MIPS performance and 67 million multiply-accumulate operations per second (MACs/sec). A 100-MHz version delivers 130-MIPS performance and 50 million MACs/sec. IDT's new RC32364 implements a large and efficient two-way associative lockable cache memory (8-Kbyte instruction, 2-Kbyte data); a highly flexible RISCore4000-compatible memory management unit (MMU) with a full, 32-page translation lookaside buffer (TLB) for fast virtual-to-physical address decoding; and a low-cost, flexible external bus. The bus interface runs at a fraction of the pipeline rate, is programmable for 8-, 16- and 32-bit-wide memory and I/O regions, and supports single-data or burst transactions. Additionally, the low-power operation of the RC32364 device results in typical power consumption of 650 mW for the 100-MHz version and 850 mW for the 133-MHz version; standby power consumption is under 20 mW. A variety of peripheral support chips enable RC32364-based systems to achieve rapid time-to-market and application-specific functionality. As with all IDT RISController embedded processors, the RC32364 processor offers comprehensive tool support, including compilers, emulators, logic analyzer interfaces, system logic chips, RTOS, application software and reference designs. 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, based on the MIPS instruction set. 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. Pricing and Availability The RC32364 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 markets 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 the World Wide Web (http://www.idt.com), CD-ROM by calling 800/345-7015, or via fax-on-demand at 800/9-IDT-FAX. RISCore32300, RC32364 and RISController are trademarks of IDT, Inc. All other brands or products are the trademarks or registered trademarks of their respective owners. IDT, Inc. disclaims any proprietary interest in the trademarks of others. -0- lmm/sf* CONTACT: IDT Corporate Communications  Julie Cline, 408/654-6464 E-mail: cline@idt.com  or Tsantes & Associates  Anna Leonard, 503/612-9407 E-mail: anna@tsantes.com KEYWORD: CALIFORNIA  INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS 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 a1008152p07821202pr1401f1621fl-empire-of-carolina3008152-16053206155-16 600046newsgrid business usa corporate machinery amex 602517shareholder_proposals delray_beach_fla june1 empire carolina emp apple_sports_inc apple_golf_shoes_inc company's company steve_geller_chief_executive_officer board timothy_moran president chief_executive_officer moran chief_operating_officer steve_geller apple directors charles_holmes_chairman wilson carolina_inc big_wheel grand_champions buddyl holiday_products_division christmas_halloween easter wilsono should certain company's_registration_statement form_s-1 securities_act registration_no source_empire 620070EMPIRE OF CAROLINA ANNOUNCES CLOSING OF APPLE ACQUISITION, APPROVAL OF  Shareholder Proposals DELRAY BEACH, Fla., June 1 /PRNewswire/ -- Empire of Carolina (Amex: EMP) announced today that it has completed the acquisition of Apple Sports, Inc., and Apple Golf Shoes, Inc., and that the Company's shareholders approved each of the proposals presented at its annual meeting. The Company also reported that Steve Geller, Chief Executive Officer of Empire since 1994, announced his resignation during the shareholders' meeting and that the Board had unanimously appointed Timothy Moran as President and Chief Executive Officer. Mr. Moran had been the President and Chief Operating Officer of Empire and the President of Apple Sports, Inc., and Apple Golf Shoes, Inc. In his new position, Mr. Moran will be responsible for the day-to-day management and operation of Empire's golf, toy and holiday product businesses. Steve Geller will continue to serve as a director of the Company. In addition to approving the issuance of stock needed to complete the Apple acquisition, the shareholders elected Charles S. Holmes, John J. Doran, Steven E. Geller James J. Pinto, Frederick W. Rosenbauer, Jr., and Lenore H. Schupak to serve additional terms as directors. In addition, the Board of Directors elected Timothy Moran to serve as a seventh member of the Board. Charles Holmes, Chairman, commented, "We are pleased that our shareholders voted to approve the Apple acquisition and that we have completed the transaction. The addition of Apple's line of Wilson(R) licensed golf shoes and accessory products is expected to boost our cash flow, operating margins and earnings per share. It also enhances our distribution of products and allows us to cross sell various domestic products." Empire of Carolina, Inc., designs, develops, manufactures and markets a broad range of basic plastic children's toys and golf products. The Company's full line of toys includes the Big Wheel(R) line of ride-on toys, Grand Champions(R) collectible horses, and Buddy L(R) cars and trucks. Its Holiday Products Division produces and markets decorative seasonal items including Christmas, Halloween and Easter illuminated products. Its golf line includes WilsonO golf shoes and accessories. This press release contains various forward-looking statements and information that are based on management's beliefs as well as assumptions made by and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, and management's plans and objectives. Such statements are subject to various risks and uncertainties which could cause actual results to vary materially from those stated. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, expected or projected. Such risks and uncertainties include the Company's ability to integrate the Apple operations with its own, its ability to achieve the anticipated synergies of the Apple acquisitions, the Company's ability to manage inventory, production and costs, to meet potential increases or decreases in demand, potential adverse customer impact due to delivery delays including effects on existing and future orders, competitive practices in the toy, golf and decorative holiday products industries, changing consumer preferences and risks associated with consumer acceptance of new product introductions, potential increases in raw material prices, potential delays or production problems associated with foreign sourcing of production and the impact of pricing policies including providing discounts and allowances. Certain of these as well as other risks and uncertainties are described in more detail in the Company's Registration Statement on Form S-1 filed under the Securities Act of 1933, Registration No. 333-4440. The Company undertakes no obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.  SOURCE Empire of Carolina, Inc. -0- 06/01/98 /CONTACT: William Craig, Empire of Carolina, Inc. 561-498-4000, or e-mail, bcraig@empiretoys.com/ (EMP)  CO: Empire of Carolina, Inc.; Apple Sports, Inc.; Apple Golf Shoes, Inc. ST: Florida IN: MAC SPT SU: TNM PER a1008152b14921202bw1401f1603s&p3008152-16053206155-16 600049newsgrid business usa corporate banking louisiana 602520business_editors new+york business_wire&poor's_creditwire_6/1/98 standard&poor louisiana_public_facilities_authority franciscan_missionaries lady_health_system_inc strong limited economic lady lake_regional_medical_center baton_rouge_our_lady lourdes_regional_medical_center lafayette francis_medical_center monroe lourdes lafayette_general_hospital managed-care medicare lake_regional_medical_center_57 francis medicaid lake_regional9 management operating excess pro emergency bond outlook stable ratings_assigned 620051S&P Rates Louisiana Public Fac Auth Rev Bonds 'AA-' NEW YORK (June 1) BUSINESS WIRE -Standard & Poor's CreditWire 6/1/98 - Standard & Poor's today assigned its double-'A'-minus rating to Louisiana Public Facilities Authority's bonds (see list below) dated May 1, 1998, issued for Franciscan Missionaries of Our Lady Health System Inc. The rating reflects: -- Strong financial performance and liquidity, -- The system's leadership in two of the three markets it serves, -- Limited managed-care penetration in the system's nonurban markets, -- Strong management that is taking a cautious approach to changes in the industry, and -- Economic stabilization and some diversification in the system's markets Franciscan Missionaries of Our Lady Health System Inc. currently operates three hospitals with a total of 1,305 beds in Louisiana. Franciscan Missionaries' restricted affiliates are Our Lady of the Lake Regional Medical Center in Baton Rouge, Our Lady of Lourdes Regional Medical Center in Lafayette, and St. Francis Medical Center in Monroe. All three hospitals offer a full complement of services, and with the exception of Lourdes, are market leaders. Our Lady of Lake Regional Medical Center currently enjoys a 44% market share in its primary service area. St. Francis Medical Center has a 47% market share, while Our Lady of Lourdes Regional Medical Center has a 24% share versus the 30% share of Lafayette General Hospital in its market. Managed-care revenues have been limited -- accounting for 23% of revenues at Our Lady of Lake Regional Medical Center -- the market with the greatest penetration rate. Medicare remains the largest payor in all three markets, 48% at Our Lady of Lake Regional Medical Center, 57% at Lourdes, and 54% at St. Francis. Medicaid accounted for 5.6% of revenues at Our Lady of Lake Regional, 9% at Lourdes, and 11.2% at St. Francis. Management is currently pursuing a strategy of building stronger ties with physicians, reducing costs, and enhancing services in order to compete more effectively should managed care become more of a threat. The system's finances are characterized by strong profitability ratios and coverage, and an exceptional balance sheet. Operating margins have ranged from 2.83% in 1994 to 5.4% in 1997. Excess margins have demonstrated similar trends, ranging from 5.16% in 1994 to 14.8% in 1997. Pro forma coverage of maximum annual debt service based on 1997 revenues is 5.22 times. The system's balance sheet is strong with cash and investments of more than $330 million, which equates to 345 days' cash. Even with the additional debt, debt to capitalization remains manageable at 48% on a pro forma basis. All three hospitals benefit from strong reputations and a relatively stable payor mix. The system's admissions trends are stable to improving and the same can be said for the individual hospitals. Emergency room and outpatient visits demonstrate similar utilization trends. Bond proceeds will refund outstanding debt and provide approximately $100 million for new projects at Our Lady of Lourdes Regional Medical Center and St. Francis Medical Center. OUTLOOK: STABLE The outlook reflects the system's strong financial position and steady growth anticipated in its markets, Standard & Poor's said. RATINGS ASSIGNED  $284.41 million revenue bonds series 1998A and C $63.42 million revenue bonds series 1998B  $94.43 million revenue bonds series 1998C $50.84 million revenue bonds series 1998D -0- cl/ms* CONTACT: Malachy Fallon, Dallas (1) 214-871-1402  Kenneth W Rodgers, New York (1) 212-208-1771 For more information on criteria or subscriptions:  http://www.ratings.standardpoor.com EKYWORD: NEW YORK  INDUSTRY KEYWORD: BANKING 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 a1008152p07831202pr1401f1621ca-alexandria-dividen3008152-16053206155-16 600037newsgrid nyase business usa corporate 601042alexandria+real+estate+equities+inc[(are)] 602036cents_per_share pasadena_calif june1 620065ALEXANDRIA REAL ESTATE EQUITIES ANNOUNCES QUARTERLY CASH DIVIDEND  of 40 Cents Per Share PASADENA, Calif., June 1 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a regular cash dividend of 40 cents per share for the second calendar quarter ending June 30, 1998. The cash dividend is payable on July 17, 1998, to shareholders of record on July 10, 1998. Alexandria Real Estate Equities, Inc. is a real estate investment trust (REIT) focused principally on the acquisition, management, expansion and selective development of properties containing office and laboratory space. Such properties are designed and improved for lease to pharmaceutical, biotechnology, diagnostic and personal care products companies, major scientific research institutions and related government agencies. Alexandria's portfolio currently consists of 39 properties containing approximately 2.9 million square feet of office and laboratory space, and the Company is actively seeking additional acquisitions in its target markets.  SOURCE Alexandria Real Estate Equities, Inc. -0- 06/01/98 /CONTACT: Joel S. Marcus, Chief Executive Officer of Alexandria Real Estate Equities, 626-578-0777; or Rhonda Chiger, or Patricia Gitt, of Dewe Rogerson, Inc., 212-688-6840, for Alexandria Real Estate Equities/ (ARE)  CO: Alexandria Real Estate Equities, Inc. ST: California IN: RLT FIN SU: DIV a1008152p07841202pr1401f1621ga-secca-local-market3008152-16053206155-16 600068newsgrid nyase business otc usa corporate telecommunications georgia 601097bellsouth[(bls)] itc+deltacom+inc[(itcd)] intermedia+communications+inc[(icix)] worldcom[(wcom)] 602383georgia_psc monopoly long_distance_application_is_premature atlanta_june1 members secca georgia_public_service_commission psc federal_communications_commission fcc georgians carl_jackson icg atlanta_secca tom_mullis west_point_georgia-based_secca secca's primarily southeast_bellsouth_gte sprint_united member at&t_business_telecom_inc comptel communications_inc icg_telecom_inc 620081LOCAL MARKET IS NOT YET OPEN, SAYS COALITION OF COMPETITIVE LOCAL PHONE RIVALS  To BellSouth and Georgia PSC SECCA Members Know From Experience That BellSouth Is Still a Monopoly and Its Long Distance Application Is Premature   ATLANTA, June 1 /PRNewswire/ -- Members of the Southeastern Competitive Carriers Association (SECCA), an alliance of new entrants competing against BellSouth in the southeastern local telephone market and dedicated to promoting local phone competition, are citing "unfinished business" on key issues as the reason for the Georgia Public Service Commission (PSC) to deem as premature BellSouth's long distance filing. To address these outstanding critical issues, the PSC tomorrow is expected to act on a request to finalize its aggressive efforts to open the local market to competition. BellSouth last week notified the Georgia PSC of its intention to apply at the Federal Communications Commission to offer in-state long distance service in Georgia. But before the PSC and the FCC can approve BellSouth's application, BellSouth must prove that it has irreversibly opened its local market. SECCA's members know firsthand that this has not happened and that Georgians don't yet have a choice for local phone service. "BellSouth is jumping the gun in their home state and shortchanging Georgians in the process by trying to offer long distance before there is real competition and customer choice in local phone service," said Carl Jackson, senior director of government and external affairs for ICG and a local Atlanta SECCA member. Tom Mullis, senior vice president, legal and regulatory of ITC DeltaCom, a West Point, Georgia-based SECCA member, said, "SECCA's members have committed their dollars and resources here in Georgia to offer consumers a choice, but BellSouth hasn't honored its end of the bargain by opening its local market. While BellSouth has made progress in some areas, there clearly remains enough unfinished business to warrant denial of BellSouth's application." SECCA is a coalition of new entrants into the southeastern local telephone market dedicated to advocating principles before state regulatory agencies that will advance a procompetitive telecommunications environment and delivering the benefits of choice and savings. Primarily made up of "competitive" local exchange carriers and other new entrants, SECCA represents a cross section of companies poised to insure that incumbent monopolists in the Southeast -- BellSouth, GTE and Sprint United -- adhere to principles of fair play in opening their local markets to competition. SECCA's membership is representative of the diversity which defines the competitive telecommunications industry. Member companies include AT&T, Business Telecom Inc., CompTel, e.spire Communications, Inc., ICG Telecom Inc., Intermedia Communications Inc., ITC DeltaCom, LCI International Telecom Corp., MCI, NEXTLINK, Telecommunications Resellers Association, Time Warner, and WorldCom.  SOURCE Southeastern Competitive Carriers Association -0- 06/01/98 /NOTE TO EDITORS: To interview Carl Jackson for SECCA's perspective on local phone competition in Georgia, please call the contact below. For further information about SECCA, please contact Tony Copeland of BTI at 919-510-7006 or e-mail tonyc@btitelecom.net./ /CONTACT: Heathere Evans, Intermedia Communications Inc., 303-414-5388, for SECCA/ (MCIC BLS)  CO: Southeastern Competitive Carriers Association; Georgia Public Service Commission; BellSouth Corporation ST: Georgia IN: TLS SU: a0605200391008152b01481202bw1401f1614ingles-markets3008152-16053206155-16 600024otc usa corporate retail 601027ingles+markets+inc[(imkta)] 602247business_editors business_wire nasdaq-imkta board directors classa_common_stock classb_common_stock dividends classa headquartered asheville_north_carolina company ingles company's_classa_common_stock nasdaq_stock_market's_national_market imkta 620062Ingles Markets, Incorporated Declares Quarterly Cash Dividend ASHEVILLE, N.C. (June 1) BUSINESS WIRE -June 1, 1998--Ingles Markets, Incorporated (Nasdaq-IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable July 13, 1998, to all shareholders of record on July 3, 1998. Ingles Markets, Incorporated is a leading supermarket chain with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 205 supermarkets. In conjunction with its supermarket operations, the Company also operates 80 neighborhood shopping centers, all but seven of which contain an Ingles supermarket. The Company's Class A Common Stock is traded on The Nasdaq Stock Market's National Market under the symbol IMKTA. -0- LM/na* CONTACT: Ingles Markets Inc., Asheville  Brenda S. Tudor, 704/669-2941 Ext. 223 KEYWORD: NORTH CAROLINA  INDUSTRY KEYWORD: SUPERMARKETS RETAIL DIVIDEND 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 a0605200391008152b11861202bw1401f1621extended-stay-america3008152-16063206155-16 600050newsgrid nyase business otc usa corporate aviation 601114extended+stay+america+inc[(esa)] blockbuster+entertainment+corp[(bvid)] viacom+inc[(via)] republic+ind+inc[(rii)] 602067business_travel&lifestyle_editors fort_lauderdale_fla business_wire 620098Extended Stay America, Inc. Opens Its First StudioPLUS Deluxe Studios Property in Philadelphia FORT LAUDERDALE, FLA. (June 1) BUSINESS WIRE -June 1, 1998--Extended Stay America, Inc. (NYSE: ESA), the fastest growing company owned and operated hotel chain in the U.S., has opened its first StudioPLUS Deluxe Studios property in Philadelphia at 8880 Bartram Ave., in Korman Commercial Properties' Airport Interplex, adjacent to Philadelphia International Airport. According to President and Chief Executive Officer George D. Johnson, Jr., "The extended stay lodging market is the fastest growing segment of the hotel industry, and is quickly catching the interest of business professionals, people relocating and those on extended work assignments." The 82-room, three-story property offers weekly room rates from $399 - a fraction of the cost you'd pay elsewhere for similar features; nightly rates are also available. The Company currently owns and operates one other extended stay lodging property in Philadelphia also located at the Airport Interplex: a 145-room Extended StayAmerica Efficiency Studios property at 9000 Tinicum Blvd., which opened in February. The Company has plans to open two more properties in the Philadelphia area over the next several months. "The appeal of our hotels reaches beyond the business and corporate community. Besides being ideal for professionals on extended or temporary assignments such as consulting or training, our properties are perfect for people building homes, relocating or attending family functions," said Mike Wilson, Vice President - Marketing. Each room is fully furnished with a queen-size bed, recliner, cable TV with remote, voice mail with free local calls, and a computer data port. Each room also has a kitchen with a refrigerator, two-burner range, microwave, coffee maker, utensils and tableware. The property features an on-site laundry facility and vending machines. Guests are provided with weekly housekeeping service and twice-weekly towel service. Properties are generally staffed by five to six full-time and eight to ten part-time employees. Extended Stay America, Inc. was founded in January, 1995, by Mr. Johnson and H. Wayne Huizenga. Mr. Johnson was formerly President of the Consumer Products Division of Blockbuster Entertainment Corp., a division of Viacom, Inc. Mr. Huizenga, who is Chairman of the Board, also is Chairman and Co-Chief Executive Officer of Republic Industries, Inc., and formerly was Vice Chairman of Viacom, Inc., and Chairman and Chief Executive Officer of Blockbuster Entertainment Corp. The Company currently operates 227 extended stay lodging properties in 37 states, which includes 75 StudioPLUS Deluxe Studios, 143 Extended StayAmerica Efficiency Studios and 9 Crossland Economy Studios facilities. As of April 30, 1998, the Company had 89 facilities under construction, and options to purchase approximately 145 sites for development. For reservations, locations or additional information on Extended Stay America, Inc., please call 1-800-EXT-STAY or visit the Company's Web site at (www.extstay.com). NOTE TO EDITORS: For copies of recent press releases from Extended Stay America via fax, at no charge, call 888/395-STAY (7829). For company information, logo and photos via the Internet, visit http://www.extstay.com In the World Wide Web address noted in this news release, there is a double slash between http: and www.extstay.com These symbols may not appear properly in some systems. -0- lhs/mi* CONTACT: Extended Stay America  Mariesa Capelli, 954/713-1624 News-On-Demand: 888/395-STAY (7829)  URL: http://www.extstay.com KEYWORD: FLORIDA PENNSYLVANIA INDUSTRY KEYWORD: TRAVEL/AIRLINES 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 a1008152r06871202fu1401f3008152-16063206153-16 600046newsgrid usa commodity energy prices opec opec 602181comments new_york-june_1-fwn_in_thin_technically_dominated nymex failing u.s. organization petroleum_exporting_countries vienna technically_july strong resistance friday's support 620056CLOSING N.Y. ENERGIES: WEAKER PRICES IN UNINSPIRED TRADE New York-June 1-FWN--IN THIN, TECHNICALLY DOMINATED trading, the NYMEX energy futures lost ground here today. In the face of the bearish tone of the market, losses were limited on some talk of refinery problems, sources said. "It was an extremely quiet day in the marketplace today, which in normal, many times, after last trading day for products," said one long-time trader1/4analyst. "The market started out lower, tried to get back to unchanged, never quite got there, sold off a bit, but it was really very much a non-event" today, he said. "The only thing that I saw some refiner crack-spread selling in gas cracks--selling gas and buying crude and locking in refining margins. But that was about it," he said. Indeed, the short-covering gains recorded on Friday were given back today. The lack of any fundamental support behind Friday's surge in prices in the afternoon encouraged traders to come in and test the resolve of those looking for some follow-through action. Prices opened just above $15 support in the July crude oil futures and then made an attempt to erase the early small losses. Failing to find any outside buying interest, locals and outside paper started pressing the product markets and soon July crude oil prices were breaking down below support at $14.98 and $14.90. "It's difficult to get bullish with 350 million barrels of crude sitting in storage," commented one commission house broker this morning. He was referring to the stockpile of oil in U.S. tanks reported last week. A big negative factor for the markets remains skepticism that the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers can put together a large enough second round of production cuts to first stabilize the entrenched downtrend in prices, much less produce a sizeable rally. However, traders agreed energy prices will continue to play off any new comments from oil-producing nations about the likelihood of additional cuts leading up the June 24 OPEC meetings in Vienna. But the problem is that most comments continue to talk about cuts of another half million barrels, when a cut of 1.0 million barrels is needed to realign supplies with demand. Technically, July crude oil futures scored an inside day on the daily bar chart today. Strong support is seen at the May 20 low of $14.13. Resistance is seen at Friday's high of $15.25 and then around the $15.50 level. July heating oil scored an inside day on the dailies today, after scoring a new contract low last Friday. July is in a steep downtrend, basis the daily bar chart, that began in early May. On the weekly continuation chart, strong support for heating oil is seen at 37.70 to 37.80 cents. July unleaded gas also saw an inside day today. Resistance is at Friday's high of 51.10 cents and then at 52.10 cents. Support is seen at 49.10 cents. a0605200391008152r02281202fu1401f3008152-16063206153-16 600030newsgrid usa commodity economy 602034flash currency financial stock end 620060* BOE REVISED FORECAST SHORTAGE STG1.3 BIL. IN MONEY MARKETS End a1008152p07851202pr1401f1620oh-amer-annuity-sale3008152-16063206155-16 600079newsgrid nyase business usa corporate banking financial+services insurance nyse 601033american+annuity+group+inc[(aag)] 602220cincinnati_june1 aag senior_notes bear_stearns&co inc company prospectus prospectus_supplement great_american_life_insurance_company galic retirement_resource_group_inc puerto+rico_inc source_american_annuity_group_inc 620063AMERICAN ANNUITY GROUP ANNOUNCES SALE OF SENIOR DEBT SECURITIES CINCINNATI, June 1 /PRNewswire/ -- American Annuity Group, Inc. (NYSE: AAG) announced today the public offering of $100 million principal amount of 6-7/8% Senior Notes due 2008 at a price to the public of 99.693% of principal amount. Donaldson, Lufkin & Jenrette Securities Corporation and Bear, Stearns & Co. Inc. were the underwriters for the offering. The Senior Notes offered were issued under a shelf registration statement filed in November 1997 which covered an aggregate of $150 million in debt securities. AAG will use the net proceeds from the offering to repay outstanding indebtedness under the Company's bank credit agreement. This announcement is neither an offer to sell nor a solicitation of an offer to buy the Senior Notes. The offering is made only by means of the Prospectus and Prospectus Supplement, copies of which may be obtained from the prospectus department of the underwriters. American Annuity Group, with over $7.8 billion in assets and 1997 premiums of $640 million, markets retirement products (traditional fixed, equity- indexed and variable annuities) through its wholly-owned subsidiaries, Great American Life Insurance Company ("GALIC"), Annuity Investors Life Insurance Company and Retirement Resource Group, Inc. Through American Memorial Life Insurance Company, AAG markets individual life insurance and annuity policies for the pre-need industry. Through Loyal American Life Insurance Company, General Accident Life Assurance Company of Puerto Rico, Inc. and GALIC's life division, AAG markets various forms of life and supplemental health insurance.  SOURCE American Annuity Group, Inc. -0- 06/01/98 /CONTACT: Keith A. Jensen, Senior Vice President, of American Annuity Group, 513-412-3855/ /Web site: http://www.aagcorp.com/ (AAG)  CO: American Annuity Group, Inc. ST: Ohio IN: FIN INS SU: OFR a0605200391008152r02291202fu1401f3008152-16063206153-16 600030newsgrid usa commodity economy 602034flash currency financial stock end 620039* BOE: RESIDUAL SHORTAGE STG316 MILLION End a0605200391008152b11871202bw1401f1608mapics-23008152-16063206155-16 600063newsgrid nyase business otc usa corporate computers electronics 601124mapics+inc[(mapx)] general+electric+co[(ge)] ibm[(ibm)] york+intl+corp[(yrkw)] ibm+corp[(ibm)] sun+microsystems+inc[(sunw)] 602061business/technology_editors atlanta business_wire investments 620049MAPICS Unveils Future E-Business Product Strategy  ATLANTA (June 1) BUSINESS WIRE -June 1, 1998-- Evolutionary Product Progression Delivers Browser and Java-Enabled GUI Functionality While Preserving Customer Technology Investments MAPICS, Inc. (NASDAQ:MAPX), a leading provider of enterprise-wide planning solutions to manufacturers worldwide, today unveiled its e-business strategy that includes the company's first solution fully adapted for manufacturers' intranet, extranet and Internet needs. Called a landmark product at its introduction 20 years ago, today's MAPICS continues to be a leading Enterprise Resource Planning (ERP) solution that gives customers the ability to evolve to new, state-of-the-art technology. "Our strategy for the past 20 years is our strategy for the future: Help customers succeed by providing industry leading manufacturing expertise in a product that is built around common industry-standard technology," said Dick Cook, MAPICS' president and CEO. "As we deploy new technology, we will continue to provide our customers with an automated migration path to ease their implementations and protect their investment in their business data, a critical asset of any company." Under MAPICS' e-business strategy, the company intends to provide a complete Java user interface across the MAPICS XA product. This strategy will be fully realized with MAPICS XA Version 5, scheduled to be available in the fourth quarter of this year. This evolutionary next step for MAPICS XA will fully support Web-enabled applications using standard browsers including Netscape Navigator and Microsoft Internet Explorer. This state-of-the-art technology advancement to the MAPICS XA product is a direct response to many of MAPICS' customers and is considered to be a top requirement of an ERP product: Internet access. By sharing information electronically within and outside the enterprise, MAPICS users can improve their effectiveness in gaining a competitive advantage. Benefits include lower operating costs by communicating via Internet access and the ability to operate on smaller, less expensive IBM AS/400 models and network computers. The public infrastructure of the Internet and common Internet technology standards are enabling cost-effective, reliable external computer networking and are expanding the scope of electronic commerce. The World Wide Web plays a leading role in some of today's most powerful technology tools; network computing, increased computing power at lower costs and collaboration across the supply chain. With the next version of MAPICS XA, MAPICS will be one of the first ERP solutions in the market to provide state-of-the-art, Internet-enabled Java technology across its product line. "This is an important first step in our overall strategy of combining industry-leading manufacturing expertise with state-of-the-art technology using Java," said Billy Ray, MAPICS' vice president of research and development. "Java will play a key role in the long term, which is one reason we announced last week our intentions to carry forward MAPICS XA product expertise utilizing IBM SanFrancisco business process components in future development. We'll move the user interface first and the business rules of MAPICS XA to multiple platforms in the future; always keeping in mind our commitment to protecting our customers' investments by evolving to the next level of product." The New MAPICS Browser Another part of the company's e-business strategy is the MAPICS Browser, a new extension to the client/server framework for MAPICS XA that brings powerful inquiry capabilities to users' desktops. MAPICS Browser is an object-oriented, Windows-based application that provides a navigational approach to data retrieval, allowing users to drill up and down as well as search in any direction necessary to quickly find relevant data in other applications across the enterprise. MAPICS Browser will be available to customers later this summer. MAPICS Joins San Francisco Initiative As part of its future e-business development efforts, MAPICS recently announced the intent to form a cooperative development effort with International Business Systems (IBS), based on IBM SanFrancisco Java business process components. Through the partnership, MAPICS and IBS intend to develop hardware platform independent, component-based business software using IBM SanFrancisco to gain market share in the growing supply chain software marketplace. MAPICS XA 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 unveiled its e-Business strategy 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 Celebrate 20 Years of Manufacturing Excellence," 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. IBM is a registered trademark of IBM Corporation. Java is registered trademark of Sun Microsystems, Inc. All other brand and product names are trademarks of their respective owners. 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- es/bos* CONTACT: FitzGerald Communications Inc.  Keith Watson, 617-494-9500 kwatson@fitzcomm.com KEYWORD: GEORGIA  INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS 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 a1008152p07861202pr1401f1619co-patina-oil-&-gas3008152-16063206155-16 600056newsgrid nyase business usa corporate petroleum+products 601026patina+oil&gas+corp[(pog)] 602067denver_colo june1 dividend_administration_committee board directors 620053PATINA OIL & GAS CORPORATION DECLARES COMMON DIVIDEND DENVER, Colo., June 1 /PRNewswire/ -- The Dividend Administration Committee of the Board of Directors of Patina Oil & Gas Corporation (NYSE: POG) declared a dividend of $0.01 per share on the Company's Common Stock. The cash dividend is payable on June 30, 1998 to stockholders of record on June 15, 1998. Patina is an independent oil company engaged in acquisitions, development, exploitation and production of oil and natural gas in Colorado's Wattenberg Field.  SOURCE Patina Oil & Gas Corporation -0- 06/01/98 /CONTACT: David J. Kornder, Chief Financial Officer of Patina Oil & Gas Corporation, 303-389-3600/ (POG)  CO: Patina Oil & Gas Corporation ST: Colorado IN: OIL SU: DIV a1008152p07871202pr1401f1620ny-bipop-rtgs-s&pwat3008152-16063206155-16 600067newsgrid business usa corporate banking financial+services earnings 602307london_june1 standard&poor banca_popolare brescia_scrl bipop creditwatch bipop's_a-2 banca_san_paolo brescia banco napoli_spa a-2_watch_negative further italian itl us adjusted napoli itl17748 outlook positive_the cisalpina_gestioni concurrently standard_&poor creditwire source_standard&poors_creditwire 620051REPEAT: BIPOP RTGS AFFMD; OFF S&PWATCH; OTLK TO POS LONDON, June 1 /PRNewswire/ -- Standard & Poor's today affirmed its triple-'B' counterparty credit rating on Banca Popolare di Brescia SCRL (Bipop). The rating was removed from Creditwatch where it was placed on March 20, 1998 with positive implications. At the same time, Standard & Poor's also affirmed Bipop's A-2 short-term counterparty credit rating. This rating was not on CreditWatch. The outlook is positive. The removal from CreditWatch reflects the announcement that the proposed merger between Bipop and unrated Banca San Paolo di Brescia now will not take place. It appears that major differences emerged between the banks during negotiations that could not be bridged. Standard & Poor's considered that the merger would have been positive for Bipop's credit profile in a number of respects, nevertheless, the bank's achievements since its purchase of 50 branches from Banco di Napoli SpA (A-2, Watch Negative) remain. Standard & Poor's considers that any downside risk connected with this large acquisition is manageable for the bank at the triple-'B' rating level. Further, following the issue of Italian lira (ITL) 350 billion (US$200 million) in new equity in October 1997, capitalization is no longer a weakness. Adjusted common equity to assets at year-end 1997 was 5.7%, which is more in line with the bank's regional peers. Although asset quality did deteriorate as a result of the Napoli branches acquisition, this appears to have been temporary; the quality of both the loan book and the lease book is satisfactory and in any case superior to many higher rated regional bank peers. The bank's consolidated assets at year-end 1997 totaled ITL17,748 billion, a 19% increase from the previous year. OUTLOOK: Positive The bank's position has certainly stabilized following the capital increase and the implementation of its strategy in the acquired branches of Banco di Napoli. Earnings have particularly benefited from growth in the bank's asset management business, Cisalpina Gestioni, in common with other banks in the sector. Bipop's headline return on average common equity reached nearly 15% at year-end 1997. Concurrently, the quality of earnings appears to be suffering, with strong trading gains offsetting a sharp decline in the bank's net interest margin. A key consideration in the raising of the rating from current levels will be an improvement in the bank's core quality operating profits in the tough Italian banking market, Standard & Poor's said. -- CreditWire  SOURCE Standard & Poors CreditWire -0- 06/01/98 /CONTACT: Richard Thomas, 44-171-826-3627, or Arnaud De Toytot, 33-1-4420-6692, both of Standard & Poor's/ /Web site: http://www.ratings.standardpoor.com/  CO: Banco di Napoli ST: IN: FIN SU: RTG a0605200391008152p03301202pr1401f1617ks-integrated-med3008152-16073206155-16 600041newsgrid nyase business otc usa corporate 601072integrated+medical+resources+inc[(imri)] pfizer[(pfe)] pfizer+inc[(pfe)] 602053common_stock fall_short expectations lenexa_kan june1 620075INTEGRATED MEDICAL RESOURCES SHAREHOLDERS APPROVE INCREASE IN AUTHORIZED  Common Stock; Company Indicates Second Quarter Financial Results Likely To Fall Short of Expectations   LENEXA, Kan., June 1 /PRNewswire/ -- Integrated Medical Resources, Inc. (Nasdaq: IMRI) the manager of the leading network of medical clinics for the diagnosis and treatment of impotence, announced today that, at the company's annual meeting on May 29, shareholders of the company approved an increase in the authorized common stock from 10 million to 25 million and approved the previously announced transaction with Kardatzke Management, Inc. in which that firm has provided Integrated Medical Resources with an infusion of capital in return for an equity stake in the company. Shareholder approval of the two proposals, details of which are included in the proxy materials for the annual meeting, provides Integrated Medical Resources with an immediate infusion of about $4.2 million of new equity, in addition to the $2.8 million Kardatzke infused in March. This will allow the company to reduce debt, pay off convertible notes, and have some additional working capital. "This infusion of equity will bring the company into compliance with the equity requirements of NASDAQ," said the Company's recently appointed Chairman and Chief Executive Officer, Stanley E. Kardatzke, M.D. In other actions taken at the annual meeting shareholders re-elected Dwayne Sigler and Sam Colella as directors of the company. The company noted that the third nominee, Scott Jenkins had, for personal reasons, resigned from the Board of Directors a few days prior to the annual meeting and thus was not elected to another term. This creates a vacancy on the Board of Directors, which the Board expects to fill in the near future, pursuant to the Company's By-Laws.   Second Quarter Results Outlook  Dr. Kardatzke reported that Integrated Medical's cash position in March and April was critical, making it impossible to implement marketing efforts needed to coincide with the introduction of Pfizer's new impotency drug, Viagra(R). As a result, revenues for April and May will be below previous expectations. "Our revenues for the months of April and May appear to be under $3 million. This shortfall was due to lower new patient revenues. Now, however, with this infusion of new capital we have implemented aggressive marketing plans to take advantage of the heightened awareness of impotency since the introduction of Viagra(R). During the last week of May, we saw significant increases in our call volumes and in new patient appointments made. Therefore, we expect to see positive results in June from these recently increased marketing efforts. We now expect second quarter revenues to be in the mid-$4 million range. Obviously, this reduced revenue level will significantly impact earnings, although it is too early in the quarter to accurately assess what that impact will be." Commenting on this development, Dr. Kardatzke said, "since coming aboard in mid-April, my focus has been on 1) improving the company's capital structure to a point where it will remain at or above minimum NASDAQ requirements; 2) eliminating inefficiencies in the way Integrated Medical Resources is managed; 3) redirecting our strategy to enhance patient revenues; 4) lower administrative expenses as a percent of revenues; and 5) achieve profitability in the second half of 1998. Now, the infusion of equity has allowed marketing programs to resume. "With the new capital, we have implemented our marketing plans with increased advertising budgets to take advantage of the heightened awareness of impotency since the introduction of Viagra(R). Although we expect to achieve significant revenue increases from prescribing and selling Viagra(R) in our clinics, our main source of growth in revenues is expected to be through enhancing patient revenues related to diagnosis of the medical causes of impotency. Thus, our clinics are named 'The Diagnostic Center for Men'," Kardatzke added. Troy Burns, M.D., the company's founder and its medical director, added "We, as physicians, as well as the Pfizer Company, are continuing to caution patients who present to us with impotence and requesting Viagra(R) that, impotence is only a symptom of an underlying condition. A significant percentage of men with impotence are suffering from the early signs of a more serious, potentially life-threatening, disease such as hypertension, high cholesterol, heart disease, diabetes or cancer. We wholeheartedly agree with the statement made by Pfizer a few days ago, reminding us that men with impotence still need a good medical evaluation when they present with the symptom." Looking forward, Dr. Kardatzke said Integrated Medical will focus on improving its performance and achieving sustainable profitability through enhancing its advertising program, decentralizing certain inefficient administrative functions, and empowering and incenting managers to achieve corporate objectives. "We believe growth of our managed clinics in new markets and increasing penetration in existing markets will enhance revenues, reduce SG&A as a percent of sales and allow Integrated Medical Resources to become strongly profitable," Kardatzke said.   About the Company  Integrated Medical Resources, Inc. provides complete management services to physicians who offer comprehensive diagnostic, educational and treatment services to address the medical and emotional needs of patients and their partners through the largest network of medical clinics in the U.S. dedicated to the diagnosis and treatment of impotence. Integrated Medical Resources Inc. common shares are traded on The Nasdaq Stock Market under the Symbol IMRI.   Safe Harbor Statement  This press release contains forward-looking statements of management expectations and initiatives (within the meaning of the Private Securities Litigation Reform Act of 1995) which should be viewed in the context of certain factors that could affect actual results. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in such statements. Risks include, but are not limited to, the timing of Medicare reimbursement, the way Viagra(R) affects the market or regulatory issues, which could impact the company negatively. You should review the company's annual report on Form 10-K for the year ended December 31, 1997, Forms 8-K dated March 5, 1998, April 14, 1998 and April 28, 1998, and Form 10-Q dated May 15, 1998, filed with the Securities and Exchange Commission for important factors that might cause such a difference. Viagra(R) is a trademark of Pfizer, Inc. Visit the IMRI website: www.potency.com  SOURCE Integrated Medical Resources, Inc. -0- 06/01/98 /NOTE TO EDITORS: For more information on Integrated Medical Resources toll-free via fax, simply dial 1-800- PRO-INFO, follow the voice menu prompts and enter the company code "IMRI" on any touch-tone phone./ /CONTACT: Dr. Stanley Kardatzke, Chairman & Chief Executive Officer of Integrated Medical Resources, 913-962-7201; or General Info, Mike Arneth, 312-640-6736, or mga@chi.frbd.com, or Analysts-Investors, Robb Kristopher, 312-640-6669, or rmk@chi.frbd.com, or Media Inquiries, Darcy Bretz, 312-640-6756, or dfb@chi.frbd.com, all of The Financial Relations Board/ /Web site: http://www.potency.com/ (IMRI)  CO: Integrated Medical Resources, Inc.; Pzifer, Inc. ST: Kansas IN: MTC SU: ERP a0605200391008152b11881202bw1401f1608mapics-33008152-16073206155-16 600063newsgrid nyase business otc usa corporate computers electronics 601078mapics+inc[(mapx)] general+electric+co[(ge)] ibm[(ibm)] york+intl+corp[(yrkw)] 602113business/technology_editors atlanta business_wire company_to_deliver_euro_compliance enhanced_euro_functionality 620056MAPICS Announces Euro Strategy for Global Manufacturers  ATLANTA (June 1) BUSINESS WIRE -June 1, 1998-- Company To Deliver Euro Compliance and Enhanced Euro Functionality MAPICS, Inc. (Nasdaq:MAPX), a leading provider of enterprise-wide planning solutions to manufacturers worldwide, today announced its solution strategy for the euro, the single European currency. As part of MAPICS XA Version 5, scheduled to be released in Q4 1998, euroMAPICS conversion tools and other euro enhancements will help European manufacturers transition to the euro and help manufacturers worldwide share accurate customer and product information with their European business partners. "With many of our customers either headquartered or having manufacturing operations in Europe, facilitating their transition to the euro is a necessity. We will provide powerful euro-driven enhancements and conversion tools that will make it easier for our customers to do business in euros and be euro-compliant, further enabling them to gain significant competitive advantage," said Dick Cook, MAPICS' president and CEO. "MAPICS XA's euro enhancements, combined with its multiple language capabilities, international financial management, and multi-facility demand and supply management, make it the premiere Enterprise Resource Planning (ERP) solution to help global companies streamline their communications and information exchange." On Jan. 1, 1999, eleven European nations will embark on the transition to the euro. The countries are Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. MAPICS' commitment to the euro began in 1996 and encompasses a worldwide euro team (including key multinational customers), strong product enhancements and a comprehensive yet easy-to-understand planning/issues guide that will assist customers in establishing best practices and identifying critical business issues impacted by the euro. The euro-driven enhancements and euroMAPICS tools will be available in MAPICS XA Release 5 at no additional charge to customers licensed for annual maintenance. The new euro-driven enhancements to MAPICS XA will provide the flexibility to selectively switch customers and vendors (individually or in mass) at any time during the transition period to the euro, to allow euro invoicing and payments. MAPICS will also provide currency triangulation (currency conversion via the euro), plus improved alternate currency support for payments and collections, euro toggling and euro currency totals on key documents such as invoices and statements. The euroMAPICS conversion tools will make it easy to convert national currency amounts to euros, and will simplify adding euro prices to price lists. The MAPICS euro strategy was announced 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 Celebrate 20 Years of Manufacturing Excellence," and "MAPICS Unveils its E-Business Strategy.") MAPICS XA 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. 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 more than 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 or visit the MAPICS euro site at www.mapics.com/euro. 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- mb/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 a0605200391008152r02301202fu1401f3008152-16073206153-16 600030newsgrid usa commodity economy 602034flash currency financial stock end 620055* BOE INVITES FIXED-RATE OPERATIONS TO JUNE 15 AT 7.25% End a0605200391008152b01491202bw1401f1610idg-e3expo3008152-16073206155-16 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 a0605200391008152b01501202bw1401f1611bogus-bills3008152-16073206155-16 600048newsgrid business usa corporate banking internet 602472business_editors denver business_wire in small_business_week_june_1-6 business_alert commerce_executives yellow_pages_publishers_association yppa bell gte_directories_corp sprint_alltel walking_fingers yellow_pages nota_bill advertisers businesses bogus bills venetian_drive_st louis_mo_63105 information small_business_administration council better_business_bureaus federal_trade_commission suspicious notify better_business_bureau examine check note identification 620053 Small Business Week Alert: Beware of "Bogus" Bills DENVER (June 1) BUSINESS WIRE -June 1, 1998--In conjunction with SMALL BUSINESS WEEK, June 1-6, a "Business Alert" for small businesses nationwide is being issued by the U.S. Small Business Administration, U.S. Postal Inspection Service, Federal Trade Commission, Council of Better Business Bureaus, American Chamber of Commerce Executives, and Yellow Pages Publishers Association (YPPA), warning advertisers to be alert for "bogus" bills. YPPA is the not-for-profit trade organization representing directory publishing operations at all of the Bell operating companies, GTE Directories Corp., Sprint, ALLTEL, and many independent publishers. As much as $550 million each year is being collected by con artists using the highly recognizable but never-trademarked Walking Fingers logo to send misleading Yellow Pages solicitations to advertisers who mistake them for legitimate invoices. As the largest category of advertisers in Yellow Pages directories, small businesses are a particularly lucrative target of fraudulent solicitations, although branch offices of many large companies are also vulnerable. "While the initial mailing may state, 'This Is Not A Bill,' fine print on the back often indicates that returning the form constitutes acceptance of the offer. Advertisers often misunderstand the nature of the directory's distribution believing it will be widely circulated," says Ed Blackman, YPPA, Executive Vice President. "In fact, when a directory is published, distribution is generally limited to the advertisers themselves, as well as an unspecified number of public libraries, chambers of commerce, hotels/motels, gas stations, and other non-traditional markets." Businesses can receive a free tip sheet on how to recognize a "bogus" bill, by sending a stamped, self-addressed, business-size envelope to "Bogus" Bills for Yellow Pages, c/o 8026 Venetian Drive, St. Louis, MO 63105. Information is also available on the following Internet sites: -- Small Business Administration - www.sba.gov/BI/ -- U.S.Postal Inspection Service -  www.usps.gov/websites/depart/inspect/yellow.htm -- Council of Better Business Bureaus -  www.bbb.org/library/yellowscam.html/ -- Federal Trade Commission -  www.ftc.gov/bcp/conline/pubs/buspubs/yellow.htm -- Yellow Pages Publishers Association - www.yppa.org Suspicious bills should be handled as follows: -- Notify your local postal inspector, local Better Business Bureau,  or state's Attorney General's office. -- Call the YPPA hotline, 1-800-841-0639 (9 a.m. to 5 p.m., Monday  through Friday) -- Examine each bill carefully - front and back. Check files for  pending contracts with Yellow Pages publishers to ensure the mailing relates to directory advertising that has been ordered. Editors Note: Identification of local victims available by calling 314/863-3373 -0- SH/dx* CONTACT: Frankel Public Relations  Robyn Frankel, 314/863-3373 frankel@websitepr.com KEYWORD: COLORADO INDUSTRY KEYWORD: BANKING 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 a0605200391008152r02311202fu1401f3008152-16073206153-16 600022newsgrid usa commodity 602050$1 meat comments feeder iowa-based rsi implied end 620044PREOPENING CME BEEF COMPLEX COMMENTS: PART 2 Feeder cattle futures are called to open steady to lower on continuing weak cash and follow-through from Friday's losses. On Friday, feeder cattle futures closed weaker in quiet trade. "The feeders are weak enough technically to some sellers early on," the Iowa-based analyst said. Another analyst added that the lower feeder cattle index and uncertainty about future strength in the market are keeping feeder cattle futures down. On the daily technical chart, the August feeder contracts extended their losses, establishing a new contract low at $75.05. September and October feeder cattle also posted new contract lows Friday at $75.10 and $75.30, respectively. The 9-day RSI for August feeders was 18.4%. The September number was 16.3%. The feeder cattle index was 29 cents lower as of May 28 at $73.37. In June live cattle, the pivot point is $64.50, with support at $64.33 and $64.08 and resistance at $64.75 and $65.60. For August live cattle, the pivot point is $66.30, with support at $66.05 and $65.80 and resistance at $66.55 and $66.80. The pivot point for August feeder cattle is $74.63, with support at $74.08 and $73.58 and resistance at $75.13 and $75.68. For September, the pivot is $74.53, with support at $73.88 and $73.23 and resistance at $75.18 and $75.83. Implied "at-the-money" volatility for August feeders was last reported down .08% at 10.53%, and for October feeder cattle the figure was up .27% at 10.94%. For June live cattle, volatility was up .57% at 13.76% and for August live cattle the figure was down .03% at 10.84%. End a0605200391008152b11891202bw1401f1610mobileword3008152-16073206155-16 600075newsgrid nyase business usa corporate telecommunications marketing internet 601012dupont[(dd)] 602628business_editors wilmington_del business_wire dupont_tyvek_protective_apparel mobileword_communications_llc mobileword reports fulfillment_request_forms protective_apparel_specialists talktext craig_wallentine_marketing_manager dupont_tyvek_protective_apparel mobileword's_talktext protective_apparel mobileword's_cyberscribes dupont_marketing mobileword's_robert_cox tyvek_protective_apparel_specialists simplified_information_entry cyberscribes pause_rewind insert specialist each_protective_apparels_specialist mobileword_subscription mobileword_talktext soho talk_processing mobileword_web additional tyvek_nonwovens 620152DuPont Tyvek Protective Apparel Tells Sales Force Type Less, Sell More; Selects MobileWord As Out Of Office Support Team For On The Road Sales Force  WILMINGTON, DEL. (June 1) BUSINESS WIRE -June 1, 1998--DuPont Tyvek Protective Apparel has selected MobileWord Communications, LLC, to become their exclusive document creation and information delivery resource, as they implement a new program that begins in June. As a result, the DuPont Tyvek Protective Apparel Specialists will be typing less and selling more. MobileWord will digitally produce Call Reports and Fulfillment Request Forms for the Protective Apparel Specialists using a customized version of its TalkText service. MobileWord will also input the latest field sales and customer contact information directly into the DuPont proprietary Marketing database. "DuPont recognized that TalkText reduces its sales force's data entry and reporting time, providing them with more rapid information processing, and freeing them up to spend more time with their customers, " said MobileWord chief executive officer Robert A. Cox. "We confirmed that the sales force was spending up to 15 percent of its week typing reports or processing customer data into laptops," said Craig Wallentine, Marketing Manager for DuPont Tyvek Protective Apparel. "MobileWord's TalkText service provides an easy to use solution. Now the sales force can spend more time with clients and less at their keyboards." With the TalkText service in-place, the Protective Apparel specialists can use any telephone to provide the latest customer contact information to MobileWord's CyberScribes. MobileWord will then input the data and transfer it to the DuPont Marketing database. At the end of the week, the Protective Apparel Specialists will have access to their already typed and completed individual Call Reports, receiving them as a downloadable file from MobileWord's secure and password protected web site or as an e-mail attachment. "The first step will be a 90-day ramp-up of the service commencing on June 8, 1998 and running through September 8, 1998," said MobileWord's Robert Cox. "The initial period will allow the sales force to become familiar with spoken text entry and the online document retrieval system. Following the short orientation period, we will then add additional service enhancements and provide DuPont with expanded services and added functionality specifically for their Tyvek Protective Apparel Specialists." Simplified Information Entry MobileWord will employ its proprietary TalkText service to execute the sales force's document origination needs. TalkText allows anyone, from any telephone, located anywhere, to provide spoken text that is converted into a processed file and delivered over the Internet. To utilize the service, each DuPont Tyvek Protective Apparel Specialist will receive a personal MobileWord access code and a toll-free telephone number to dial and log into the TalkText talk processing system. After dialing, the specialist is asked to enter a "1" to leave dictation (begin talk processing). They enter their personal access code followed by the "#" key to begin. The specialist's voice is then digitally recorded for transcription and converted into text documents by MobileWord's team of trained operators, referred to as CyberScribes. For editing of the spoken information, TalkText operates with easy-to-use telephone keypad functions including PAUSE, REWIND, and INSERT, so the Protective Apparel Specialists can deliver accurate communication for every report easily and conveniently. When finished, the Specialist simply hangs up the phone and MobileWord creates and delivers the reports directly into the database within 24 hours. To facilitate ease of use, MobileWord has created two easy-to-read co-branded usage guides. Each Protective Apparels Specialist will receive an organizer size guide and a personalized credit card style MobileWord Subscription card that provides simplified instructions for using the service. "DuPont is always looking for productivity enhancements for our marketing and sales operation. Our objective is to cut down the time it takes to produce call reports, and have them input into our customer database," said Eric Heck, DuPont's Information Systems Manager. "As a business, we strive to find tools that help our Protective Apparel Specialists work more efficiently, improve productivity and increase sales, while providing managers with time sensitive data more quickly and with less effort. By empowering the workforce and reducing data entry time, we will give each sales specialist what they need most -- more time to support their customers. We are confident MobileWord TalkText will deliver as promised." About Dupont DuPont is a research and technology-based global chemistry, energy and life sciences company, offering high-performance products based on chemicals, polymers, fibers and petroleum. The Wilmington, Del.-based company DuPont had revenues of $45 billion and net income of $2.4 billion in 1997. At year-end 1996, the company employed about 98,000, of which approximately 35 percent of the company's employees work outside the United States. DuPont operates in approximately 70 countries worldwide, with about 165 manufacturing and processing facilities that include 135 chemicals and specialties plants, five petroleum refineries and 25 natural gas processing plants. DuPont also operates more than 40 research and development and customer service labs in the United States, and more than 35 labs in 11 other countries. About MobileWord MobileWord Communications, LLC, is a venture capital backed company that develops and markets easy-to-use solutions for the digital age workforce to save time and money. Its cross section of clients includes Reuters, Societe Generale, Deutsche Bank, TBWA/Chiat-Day, Young & Rubicam, Viacom's Showtime Championship Boxing, Carey International, Prospect Associates, Market Navigation as well as individual customers in the SOHO (small-office/home-office) and "road warriors" who require "Talk Processing," simplified file transfer and other office support services. The New Rochelle, N.Y.- based company was established in 1996 to provide Internet enabled companies and individuals with high-tech solutions to low tech, time consuming tasks, through its proprietary integration of new technology. For more information on MobileWord, visit the MobileWord Web site at www.mobileword.com or call 914/235-7500. MobileWord, Talk Processing, FileTransport and TalkText are registered trademarks of MobileWord Communications, LLC. Additional information about Tyvek Nonwovens is available at: http://www.dupont.com/Tyvek/protective-apparel/index.htm. -0- lc/sd* ktbh/sd CONTACT: MobileWord Communications  John Totaro, 212/626-6845 jtotaro@mobileword.com  Andy Abramson, 760/212-4200 aabramson@mobileword.com KEYWORD: DELAWARE  INDUSTRY KEYWORD: 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 a0605200391008152b11901202bw1401f1618digital-technology3008152-16073206155-16 600039otc usa corporate computers electronics 601017microsoft[(msft)] 602442business/technology_editors atm_year_98 bedford_mass business_wire digital_technology_inc dti atm internetworking windows_nt pnnitest_200_ilmitest_100 mpoatest_100 atm_forum mpoa tcl/tk dti's_analyzer/generator miniscope-plus users pdu dti-provided developers_qa field_service_engineers digital_technology san_jose_june_3-4 booth_no pricing availability price ilmitest_100 pnnitest_200 pnni source_code test_tools consulting further web 620140Digital Technology, Inc. Develops an NDIS 5.0 Driver for Windows NT; DTI to release test suites for PNNI 1.0 hierarchy, ILMI 4.0 and MPOA BEDFORD, MASS. (June 1) BUSINESS WIRE -June 1, 1998--Digital Technology, Inc. (DTI) announced major new additions to its existing range of solutions for the ATM development and user community. These new solutions help Internetworking companies bring new products to the market faster by reducing test cycles. DTI's latest addition to its ATM product family is DTN 1.0 - an NDIS 5.0 compliant driver for Windows NT. This product will allow the software developer community to use Microsoft provided ATM services under Windows NT 5.0. DTI is now offering its ATM decode libraries to be licensed by internetworking companies. A large part of the industry severely lacks high quality ATM protocol decodes and DTI's offer will fulfill this gap. DTI's latest test suites, the PnniTest 200, ILMITest 100 and MPOATest 100 offer internetworking equipment developers an automated way to test their implementations of ATM Forum specified PNNI 1.0 hierarchy, ILMI 4.0 and MPOA protocols, respectively. All tests are script based, utilizing the familiar Tcl/Tk scripting language, and are easily customizable. DTI has already released suites on LANE 1.0, UNI 3.0/3.1, 4.0 and single-tier PNNI 1.0. DTI's Analyzer/ Generator product - Miniscope-Plus - has the capability to generate ATM traffic for testing ATM devices. Users can easily create PDU lists or cell sequences from captured network data or use the DTI-provided canned library. Developers, QA and Field Service Engineers now have an effective alternative to expensive test systems. Digital Technology is exhibiting its products at the ATM Year 98 show at San Jose, June 3-4 (Booth No. 1341). Pricing and Availability: Miniscope-Plus is available now. Price starts at $14,500. ILMITest 100 for ILMI 4.0 will be available in August, 98. Price starts at $7,995. PnniTest 200 for PNNI hierarchy will be available in September, 98. Price starts at $6,995. MPOATest 100 for MPOA will be available in September, 98. Price starts at $9,995. DTN 1.0 - the NDIS 5.0 compliant driver for Windows NT. Source Code available June, 98. Price available on request. Digital Technology has been active in providing Test Tools and Consulting since 1987. Further information is available in company's WEB page: http1/41/4www.dtix.com1/4 -0- mp/bos CONTACT: Digital Technology, Inc.  Ananda Sen Gupta, 781-687-9700 ananda@dtix.com KEYWORD: MASSACHUSETTS CALIFORNIA NEW YORK TEXAS NORTH CAROLINA  INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS 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 a0605200391008152b01511202bw1401f1617hewlett-packard-63008152-16083206155-16 600067otc usa corporate computers electronics telecommunications internet 601054intel[(intc)] microsoft[(msft)] microsoft+corp[(msft)] 602853business_editors/computer_writers palo_alto_calif business_wire advancing hp_openview_network_node_manager_hp hp hp_openview_premier_partner_program intel's_wired management wfm intel_device_view hp_openview_network_node_manager olivier_helleboid hp's_openview_software_division extensive tco today pc wfm-enabled wfm-compatible desktop_management_interface dmi wfm-enabled_pc information patrick_gelsinger intel's_business_platform_group intel's_landesk_client_manager landesk_server_manager_pro pcs intel_landesk intel_server_control lan intel-based_nt web windows snmp windows_nt intel_landesk_client_manager landesk_server_manager hp_openview hp_openview_premier_partner becoming world_cup selected hewlett-packard_company world_wide_web hp-ux_release_10 hp-ux_release_11 hp_9000 open_group_unix_95 note unix open_group windows_windows_nt 620133HP and Intel Expand Relationship Through Integration of HP and Intel Management Solutions; Intel Named HP OpenView Premier Partner PALO ALTO, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--Advancing its alliance with Intel Corporation, Hewlett-Packard Company today announced that HP OpenView Network Node Manager, HP's flagship network-management solution, will offer expanded network-management support for and integration with a range of Intel management solutions. HP also announced that Intel is now a member of the HP OpenView Premier Partner Program. Additionally, HP OpenView Network Node Manager will broaden its support for Intel's Wired for Management initiative (WfM). For its part, Intel has integrated Intel LANDesk Client Manager, Intel LANDesk Server Manager Pro, Intel Server Control and Intel Device View with HP OpenView Network Node Manager. "We understand customers' needs for measuring and relating network performance results back to established service-level agreements," said Olivier Helleboid, general manager of HP's OpenView Software Division. "Extensive integration between HP OpenView Network Node Manager and Intel management products enables customers who already are implementing solutions from Intel and HP to better manage to service-level agreements through centralized control of their networks." The WfM initiative was developed by Intel to help companies gain control of their computing environments, increase business flexibility and reduce total cost of ownership (TCO) through centralized IT management. Today, more than two dozen PC suppliers are shipping desktop and mobile models of WfM-enabled systems. HP OpenView Network Node Manager 6.0 includes WfM-compatible support for remote wake-up and Desktop Management Interface (DMI) 2.0 instrumentation. These standards-based features can be used to improve asset information and off-hours maintenance from a central source on any WfM-enabled PC. Information on the WfM initiative can be found at www.intel.com/managedpc. "IT managers are faced with the issue of how best to integrate network-management tools," said Patrick Gelsinger, vice president and general manager of Intel's Business Platform Group. "Intel and HP have solved this problem by working together to integrate our products so that IT managers and network administrators have a simple solution for centralized IT control." HP is the first network-management vendor to help deliver comprehensive integration with the following Intel solutions: -- Intel's LANDesk Client Manager and LANDesk Server Manager Pro now are integrated with HP OpenView Network Node Manager, extending the functionality of HP OpenView Network Node Manager to millions of PCs and servers working with Intel LANDesk solutions. This integration is available immediately at www.intel.com/network/aims. -- Intel Server Control, a server-management tool for the LAN environment, now is integrated with HP OpenView Network Node Manager and is expected to be available from Intel later this month. This integration will enable centralized control of Intel-based NT servers running Intel Server Control with HP OpenView Network Node Manager. --Intel Device View, a Web and Windows(R)-based SNMP management tool for installing, configuring and managing Intel's networking devices, is integrated with HP OpenView Network Node Manager for Windows NT(R). For the first time, joint HP and Intel customers will have more centralized control of their network environments, including monitoring and managing of Intel's stackable hubs, switches and routers. The integrated upgrade for current HP and Intel combined customers is available immediately at www.intel.com/network. --HP also announced that Intel LANDesk Client Manager and LANDesk Server Manager have passed HP OpenView certification testing and that Intel has been named an HP OpenView Premier Partner. Becoming a member of the HP OpenView Premier Partner Program signifies that Intel has achieved the highest level of integration with HP OpenView. ABOUT HP HP is the official information-technology hardware and maintenance supplier to the 1998 World Cup soccer tournament. Selected for its technology and skills to support and manage mission-critical applications, HP will help create an information-management infrastructure for handling game scoring; media centers; personnel accreditation; hotel information; and various ticketing, stadium, warehouse and back-office operations. Hewlett-Packard Company is a leading global provider of computing, Internet and intranet solutions, services, communications products and measurement solutions, all of which are recognized for excellence in quality and support. It is the second-largest computer supplier in the world, with computer-related revenue in excess of $35.4 billion in its 1997 fiscal year. HP has 125,300 employees and had revenue of $42.9 billion in its 1997 fiscal year. Information about HP and its products can be found on the World Wide Web at http://www.hp.com. Information on HP OpenView can be found on the World Wide Web at http://www.hp.com/go/openview. (1) HP-UX Release 10.20 and later and HP-UX Release 11.00 and later (in both 32 and 64-bit configurations) on all HP 9000 computers are Open Group UNIX 95 branded products. Note to Editors: UNIX is a registered trademark of The Open Group. Windows, Windows NT and Microsoft are U.S. registered trademarks of Microsoft Corp. -0- sy/sf ari/sf CONTACT: Copithorne & Bellows for HP  Julie Lydon, 617/450-4300 julie.lydon@cbpr.com  or Leiann Bonnet for Intel Corporation,  208/363-0133 lbonnet@earthlink.net 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 a0605200391008152p03311202pr1401f1620ca-calypte-biomedica3008152-16083206155-16 600033otc usa corporate pharmaceuticals 601089calypte+biomedical+corp[(caly)] market+facts+inc[(mfac)] cambridge+biotech+corp[(cbcxq)] 602083urine-only_hiv_test_system low-risk_alternative blood_testing berkeley_calif june1 620075FDA LICENSES FIRST URINE HIV-1 SUPPLEMENTAL TEST, MAKING AVAILABLE FIRST  Urine-Only HIV Test System Urine-Based System Offers Highly Accurate, Low-Cost,  Low-Risk Alternative to Blood Testing   BERKELEY, Calif., June 1 /PRNewswire/ -- Calypte Biomedical Corporation (Nasdaq: CALY) announced today that the U.S. Food and Drug Administration has licensed the urine HIV-1 Western Blot test that confirms the presence of antibodies to Human Immunodeficiency Virus Type 1 (HIV-1) in urine samples. The new test is used on samples that are repeatedly reactive in the Calypte HIV-1 urine antibody screening test. The new test completes the only available urine-based HIV test system. Clinical studies have shown this urine diagnostic test system to be a highly accurate alternative to blood testing. For both health care professionals and patients, urine testing offers important advantages compared to existing blood-based HIV tests. Those advantages include greater ease-of-use for health care workers, strong appeal to consumers and the lower cost of urine collection. According to the National Institutes of Health Fact Sheet on HIV Infection and AIDS, there is no evidence that HIV is spread through urine, thereby significantly reducing risk of infection from collecting and handling specimens. Urine testing eliminates accidental needle sticks and other exposure-related dangers, thus protecting both health care workers and patients. In addition to the benefits the test offers to the health care system, the urine test system is expected to become an attractive alternative for domestic and international health agencies that do not have access to the funds, personnel or facilities required for blood collection and testing. It is also expected to appeal to many Americans who have avoided being tested in the past because they dislike having their blood drawn. In fact, a recent survey of approximately 1,000 Americans conducted by Market Facts, Inc. showed that one of every two respondents would prefer a urine HIV test over a blood test. Of those respondents, 80 percent cited a fear of needles as their reason for preferring the urine test. There were approximately 60 million HIV tests performed in the United States in 1997. To determine the specificity of the urine Western Blot, clinical trials were conducted on a low risk population. Blood serum and urine samples were tested and results compared. The results showed that the specificity for this population was 100 percent (515 out of 515). To determine the sensitivity of the urine Western Blot, clinical trials were conducted on persons known to be HIV-1 antibody positive by blood tests. Serum and urine samples were tested and results compared. The results showed that the sensitivity of the urine Western Blot was 99.7 percent (746 out of 748). The two samples that were urine Western Blot negative were from seropositive individuals that had AIDS and were on anti-retroviral therapy. In a second study of 391 high-risk individuals of unknown HIV status, 17 were positive by both urine and serum tests (100 percent). However, in three samples the urine Western Blot was positive while the paired serum sample was negative or indeterminate. Calypte scientists believe that these discordant samples in the high-risk group may reflect the unique nature of HIV-1 infection, and point to an important new research direction. An article published in the November 1997 issue of Nature Medicine reported on the clinical trial data for the Calypte Biomedical HIV-1 urine EIA (the urine screening test) which tested over 11,000 paired urine and serum specimens in low-risk, high-risk and known HIV-1 seropositive populations. It was revealed that a combination of urine- and blood-based tests detected HIV-1 antibodies with greater sensitivity than can be achieved by either test alone. Dr. Howard Urnovitz, Calypte's Founder and Chief Science Officer, the leading author of the paper, said: "Finding the HIV-1 antibody in only one part of the body, as we did by testing both urine and blood, suggested to us that HIV infection may be compartmentalized." This speculation was recently confirmed by a multi-center study led by Dr. Ann A. Kiessling, Beth Israel Deaconess Medical Center, Harvard Medical School. "The concept of compartmentalization is important to HIV disease because it emphasizes the need to understand HIV infection in each and every tissue," said Dr. Kiessling. "Urine-positive, serum-negative individuals represent an important group of people who may have limited the virus infection to a few compartments in the body. Understanding the mechanism of compartmentalization is urgently needed in order to design fully effective antiviral treatment strategies." Another leading HIV scientist, Dr. Emilia Sordillo of St. Luke's-Roosevelt Hospital Center in New York City, participated in the evaluation of the now approved HIV-1 urine test system. During these evaluations, she identified an individual with 46,600 copies/ml of HIV virus in a urine-positive, blood- negative individual. Dr. Sordillo said that, "These unexpected findings suggest the need to test multiple body fluids to help us further define the dynamics of HIV infection." In addition, Professor Luc Montagnier, a member of Calypte's Scientific Advisory Board and the scientist who first isolated HIV, said, "Distinct reservoirs of HIV coexisting in different tissue compartments could explain the finding that some high-risk individuals have discordant antibody responses in urine and blood. These results on discordant samples provide new insights on how the immune system handles HIV infection. We hope this will assist in the development of new HIV treatments." The urine Western Blot test has another advantage over blood testing. Western Blots using blood have a higher frequency of indeterminate results. Indeterminate results on a Western Blot test format are results in which it cannot be determined if the patient sample is positive or negative. According to package inserts from two different blood HIV-1 Western Blots manufacturers, indeterminate results for low-risk individuals range from 11 percent to 37 percent. The urine Western Blot results showed only 0.2 percent (1 out of 515) indeterminate in a low-risk population. In a clinical study to compare directly the frequency of indeterminates between blood and urine systems, 109 patients who had serum indeterminate results were chosen. The urine from these 109 seroindeterminate patients was then tested on the urine Western Blot. The urine Western Blot test provided a definitive result of negative in 105 of the 109 seroindeterminate samples. Dr. Toby Gottfried, Calypte's Director of Research and Development, said, "Because the urine Western Blot provides such a remarkably low frequency of indeterminate results, this is a clear advantage over blood testing in a laboratory environment." Cambridge Biotech Corporation manufactures the new urine-based supplemental test under license from Calypte. Cambridge was the first manufacturer to receive a license from the FDA for a blood-based HIV-1 supplemental test more than a decade ago. Like most blood tests, the urine HIV-1 screening test and the urine HIV-1 supplemental test do not detect the actual HIV virus, but the antibodies produced by the body after exposure to the virus. Bill Boeger, President and Chief Executive Officer of Calypte, said: "While we are all encouraged by the recent drop in AIDS deaths due to new combination therapies, the HIV-1 infection rate has not declined. To facilitate detection, we need a non-invasive, inexpensive and accurate test for HIV, such as the urine test. Many people who may be at risk for HIV infection have declined testing in the past because of the pain, cost and inconvenience of having their blood drawn. We expect that by making urine HIV-1 testing widely available, many people who have previously declined blood testing will now come forward." A December 1997 report issued by the World Health Organization and UNAIDS concluded, "Conservative estimates suggest that 9 out of 10 infected people in the world do not know their HIV status. At current estimates, that would suggest there are over 27 million people in the world today who have no idea they are infected." Commenting on the test system's potential outside the United States, Professor Montagnier cited the benefits of the urine HIV testing system for developing countries. He said that the urine test would provide a unique opportunity for sites that do not have the facilities or personnel to safely and effectively collect and test blood samples. "In my opinion, the urine HIV testing system is highly reliable and readily accepted by the patients," Montagnier stated. "Another potential use of this test would be to use it for urine antibody monitoring, which should allow for better follow up of patients and volunteers in future clinical trials of treatments and vaccines." Drs. Ron Gray and Maria Wawer, researchers and professors from the Schools of Public Health at Johns Hopkins University and Columbia University, respectively, have also used the urine test in Africa. "We found that the people we were testing were more likely to provide urine samples than blood samples. Overall, the urine HIV test could detect additional infections for the simple reason that more people agreed to provide a sample." Keith Waterbrook, Director of Health Services at the Jeffrey Goodman Special Care Clinic in Los Angles, hailed the announcement as an important development in the fight against HIV and AIDS. "We operate the largest gay and lesbian clinic in the country, and every day we take phone calls from people who want to be tested but don't want to have their blood drawn. Now that it's possible to reliably test for HIV-1 infection with a simple urine specimen, we have a new testing option that will be greatly welcomed by many in our community. The urine HIV-1 test will help clinics like ours establish more outreach programs too, because you can eliminate the cost and scheduling difficulties that always arise when you need a trained phlebotomist on site to collect blood." In the United States, Seradyn, Inc. of Indianapolis will market both the urine HIV-1 screening and supplemental tests. Seradyn sells the screening test under the trade name Sentinel(TM). "Our sales people are reporting tremendous interest in the Sentinel urine HIV test both from STD clinics that want to offer a painless testing option to the public, and from a variety of institutions which have been performing high volumes of blood-based HIV testing routinely," said Seradyn Vice President of Sales and Marketing Tedd Mishkin. "Many of the people seen in settings like STD clinics, prisons and drug rehabilitation facilities, for example, are at high risk for HIV. Not only will the urine HIV test be more acceptable than blood to many of these people, but the ability to do additional testing such as drug screens on the same urine sample could really help these institutions control their testing costs." Mishkin also stated that his company took an informal poll of family physicians attending the national American Academy of Family Physicians conference in Chicago in September 1997. More than 90 percent of the physicians polled by Seradyn indicated that they felt urine testing would be better tolerated by their patients than blood testing, and that they would prescribe the test for their patients when it was available through their labs. Statements in this press release that are not historical facts are forward-looking statements, including statements regarding market adoption of the HIV-1 Urine testing systems. Actual results may differ materially from the above forward-looking statements due to a number of important factors, and will be independent upon the company's ability, directly or through third parties, to successfully manufacture and market the HIV-1 Urine testing system. Factors which may impact the company's success are more fully discussed in the company's most recent quarterly report on forms 10-Q and 10-K.  SOURCE Calypte Biomedical Corporation -0- 06/01/98 /NOTE TO EDITORS: For more information on how to purchase or evaluate the product, please call John Innocenti of Seradyn at 800-428-4007 (x2957) or Dick Van Maanen of Calypte at 510-526-2541./ /CONTACT: David Schulte or Jason Sherman of Healy Communications, 312-440-3900; or Bill Boeger, CEO, or John DiPietro, COO, both of Calypte Biomedical, 510-526-2541/ /Web site: http://www.Calypte.com/ (CALY)  CO: Calypte Biomedical Corporation; U.S. Food and Drug Administration; Seradyn, Inc. ST: California, Indiana IN: MTC SU: PDT a0605200391008152b01521202bw1401f1615southwest-water3008152-16083206155-16 600040otc usa corporate environmental+services 601026southwest+water+co[(swwc)] 602088business_editors west_covina_calif business_wire nasdaq/nm swwc board directors company 620049Cash Dividend Declared by Southwest Water Company WEST COVINA, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--Southwest Water Company (Nasdaq/NM:SWWC) today announced that its Board of Directors, at a regular meeting held May 28, 1998, declared a regular quarterly cash dividend of $.09 per share of common stock. The dividend is payable on July 20, 1998, to stockholders of record on June 30, 1998. Southwest Water Company operates and manages water supply and wastewater treatment systems, some of which are owned by the company and are regulated public utilities. The remainder, owned by cities, utility districts and private companies, are operated and managed by Southwest Water under contract. More than 40 communities depend on the Company for high-quality water and efficient wastewater treatment. -0- cd/bos* CONTACT: Southwest Water Company  Peter J. Moerbeek, 626/915-1551 OR  Coffin Communications Group Michael Manahan, 818/789-0100 KEYWORD: CALIFORNIA  INDUSTRY KEYWORD: UTILITIES ENMED ENVIRONMENT BUILDING 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 a1008152r06881202fu1401f3008152-16083206153-16 600042newsgrid usa commodity grain montana trade 602316table winnipeg_manitoba-june_1-fwn_the_canadian_canola board_margin_index winnipeg_commodity exchange canadian_oilseed_processors_association date_jul-98_aug-98_sep-98_oct/nov-98_nov/dec_98_jan-99_mar_99 jun1/98 may29/98 may28/98 may27/98 may26/98 may22/98 may4/98 jun2/97 wce chicago_board board canadian actual 620034CANADIAN CANOLA BOARD MARGIN INDEX Winnipeg, Manitoba-June 1-FWN--THE CANADIAN CANOLA Board Margin Index, as posted by Winnipeg Commodity Exchange, is a formula developed by the members of the Canadian Oilseed Processors Association. Date Jul-98 Aug-98 Sep-98 Oct/Nov-98 Nov/Dec 98 Jan-99 Mar 99 Jun1/98 -81.95 -61.78 -45.63 -47.84 -47.80 -51.41 -52.64 May29/98 -83.12 -60.90 -42.58 -44.28 -44.58 -48.75 -49.27 May28/98 -79.74 -57.38 -39.21 -36.57 -43.80 -47.87 -48.89 May27/98 -79.10 -58.10 -38.45 -41.19 -41.54 -44.81 -47.01 May26/98 -79.68 -60.94 -41.84 -43.83 -44.34 -48.44 -49.08 May22/98 -71.23 -51.85 -34.05 -37.65 -37.83 -42.18 -45.22 May4/98 -65.00 -44.08 -23.04 -27.09 -27.42 -33.57 -37.34 Jun2/97 - 4.97 -15.56 - 0.02 - 4.74 - 8.29 -13.75 -15.28 The index is comprised of an oil and meal contribution and a seed cost.  The index is calculated by subtracting the WCE canola futures price from the sum of the weighted value of the per metric ton (MT) Chicago Board of Trade prices for soybean oil and soybean meal derived from a tonne of seed.  The calculation is based on a 40% oil contribution and 60% meal contribution from a MT of canola seed crushed. The Board margin has not been corrected for fluctuations in the Canadian dollar.  The index is a measure of the trend in core processing returns at standard industry yields. Actual canola crushing margins are also affected by individual processing plant yields and the pricing basis for oil, meal and seed which are affected by various factors including exchange rates. a1008152b14931202bw1401f1608florafax3008152-16083206155-16 600024otc usa corporate retail 601025florafax+intl+inc[(fiif)] 602045business_editors vero_beach_fla business_wire 620042Florafax Purchases Key Servicing Agreement VERO BEACH, FLA. (June 1) BUSINESS WIRE -June 1, 1998--Florafax International, Inc. (NASDAQ: FIIF), a leading flowers-by-wire provider, today announced that it will purchase the primary assets of Marketing Projects, Inc. (MPI), a California-based marketing firm whose responsibilities include attracting and servicing corporate partners for Florafax's wholly owned subsidiary, The Flower Club. During 1997 Florafax established its own marketing and corporate servicing team at the company's Vero Beach, FL headquarters in anticipation of such a transaction. Under terms of the agreement, Florafax will compensate MPI for termination of the current agreement. The purchase agreement is contingent upon final due diligence procedures, which are expected to be completed within the next 30 days. The agreement also provides for a two year period of account management by MPI which insures a seamless transition to Florafax. Commenting on the transaction, Andrew W. Williams, Chairman and CEO of Florafax, said, "This is very positive for Florafax. It enhances our business relationships with our corporate partners by giving them direct access to Florafax." Florafax has always been responsible for the entire flower sending process on orders generated through accounts acquired by MPI. However, the new arrangement provides for the Florafax's headquarters marketing and corporate servicing team to work directly with each partner on an individual basis. Williams continued, "We are grateful for the efforts of MPI over the past four years. Our new arrangement will allow MPI to continue to prospect for new business and, at the same time, provide Florafax with direct access to each partner. We believe this serves to enhance our business relationships and will provide for a closer alliance with each marketing partner we serve." Florafax International, Inc., is principally engaged in the business of generating floral orders from consumers and providing floral placement services to retail florists. The company is also a third party processor of credit cards. -0- jc/ny* CONTACT: Florafax International, Inc.  Kelly McMakin (561) 563-0263 KEYWORD: FLORIDA INDUSTRY KEYWORD: RETAIL 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 a1008152p07881202pr1401f1617ks-transfinancial3008152-16083206155-16 600069newsgrid nyase business usa corporate banking financial+services amex 601007[(tfh)] 602217lenexa_kan june1 transfinancial_holdings_inc tfh upac transfinancial oxford_premium_finance_inc oxford addison_illinois chicago midwest tim_o'neil_president american_stock_exchange source_transfinancial_holdings_inc 620062TRANSFINANCIAL ANNOUNCES ACQUISITION OF OXFORD PREMIUM FINANCE LENEXA, Kan., June 1 /PRNewswire/ -- TransFinancial Holdings, Inc., (Amex: TFH) announced that Universal Premium Acceptance Corporation (UPAC), TransFinancial's insurance premium finance subsidiary, has acquired for cash all of the outstanding stock of Oxford Premium Finance, Inc. (Oxford). Oxford, headquartered in Addison, Illinois, is an insurance premium finance company with a portfolio of approximately $21 million in outstanding finance receivables and annual financings of more than $50 million. Oxford has provided insurance premium finance services primarily to commercial concerns in Chicago and the industrial Midwest for over 10 years. Tim O'Neil, President said, "We are pleased to welcome Oxford to our financial services group. This combination follows our strategic plan to increase financing volumes in targeted geographic areas. The increased volume will be handled within our existing administrative infrastructure and will enable UPAC to increase our profitability and further leverage our operating efficiency." TransFinancial is a holding company with businesses in transportation and financial services. Its common stock is traded on the American Stock Exchange under the trading symbol "TFH."  SOURCE TransFinancial Holdings, Inc. -0- 06/01/98 /CONTACT: Mark A. Foltz of TransFinancial Holdings, Inc., 913-859-0055/ (TFH)  CO: TransFinancial Holdings, Inc. ST: Kansas, Illinois IN: FIN SU: TNM a0605200391008152r02321202fu1401f3008152-16083206153-16 600027newsgrid usa commodity food 602018flash comments end 620051* N.Y. JULY COCOA DROPS $24 TO $1,650, A 7-WEEK LOW End a1008152r06891202fu1401f3008152-16083206153-16 600028newsgrid usa commodity grain 602200table soft_red_winter louis_mo_2.71 sikeston_mo_2.60 delphi_in_2.59 champaign_il_2.74 toledo_oh_2.60 cincinnati_oh_2.64 kokomo_in_2.58 troy_oh_2.61 saginaw_mi_2.53 srw_average_2.62_1/4 n/a available 620019NEW-CROP WHEAT BIDS June 1-FWN-- SOFT RED WINTER: St. Louis, MO 2.71 Sikeston, MO 2.60 Delphi, IN 2.59 Champaign, IL 2.74 Toledo, OH 2.60 Cincinnati, OH 2.64 Kokomo, IN 2.58 Troy, OH 2.61 Saginaw, MI 2.53 SRW Average 2.62 1/4 N/A = Not Available a0605200391008152b01531202bw1401f1605fritz3008152-16083206155-16 600073newsgrid nyase business otc usa corporate transportation nyse puerto+rico 601059[(cns)] metro+goldwyn+mayer+inc[(mgm)] fritz+co+inc[(frtz)] 602276business&transportation_editors san+francisco business_wire fritz_companies fritz_domestic_services home_box_office hbo mgm retailers fritz ceo often rich_higgins_director logistics tamagotchi los+angeles cns commonwealth pittsfield_massachusetts kaufman_brothers providing 620062K.B Toys Selects Fritz Companies for Direct-To-Store Delivery SAN FRANCISCO (June 1) BUSINESS WIRE -June 1, 1998--K.B Toys, the nation's largest mall-based toy retailer, has awarded Fritz Companies its direct-to-store product delivery program. Fritz Domestic Services will provide nationwide distribution of toys using air and surface transportation managed by sophisticated information technology. Fritz Domestic Services' direct-to-store clients represent a variety of retail and entertainment industries, including Home Box Office (HBO) and Metro Goldwyn Mayer (MGM). Fritz Domestic Services is a subsidiary of Fritz Companies, Inc. "Retailers are looking for just-in-time solutions to accommodate shorter product cycles and rapidly changing consumer demand. Our retail clients use Fritz to carefully manage their supply chain, maximizing revenue potential in the stores," said Lynn C. Fritz, Chairman and CEO of Fritz Companies, Inc. "The competitive nature of the retail industry requires fast product launches and allows for no delays. Often certain products must reach their destination the next day in the precise unit quantities. Our program with Fritz is designed to meet these critical business objectives," said Rich Higgins, Director of Transportation and Logistics at K.B Toys. "Our different service options - ranging from same day service to deferred, five day delivery - are designed to provide seamless logistics throughout the USA. Our door-to-door distribution capabilities, combined with state-of-the-art warehousing and inventory systems, enable K.B Toy Stores to have their time-sensitive products on the shelves at the right time," said Gary Friedman, Senior Director, Fritz Domestic Services. The direct-to-store delivery program begins when the retailer sends a purchase order to a vendor. Fritz receives the product, divides it by specific unit quantities and delivers it directly to the store shelves across the nation next day by noon. The K.B program started last year with a 1,200-store product launch of the popular electronic pet toys called Tamagotchi. For example, in Los Angeles alone Fritz processed over 6,000 individual cartons of Tamagotchi toys within a 24-hour period. K.B Toys is the nation's largest mall-based toy-retailer, with $1.6 billion in annual sales. K.B, a division of Columbus, Ohio-based Consolidated Stores Corp., (NYSE:CNS), operates approximately 1,300 toy stores in all 50 states and the Commonwealth of Puerto Rico. K.B Toys is headquartered in Pittsfield, Massachusetts, where it was founded 75 years ago as Kaufman Brothers, a family owned candy business. Fritz Companies, Inc. is a leader in global transportation and logistics. Providing flexible service options ranging from integrated logistics programs to traditional freight forwarding and customs brokerage, Fritz develops, implements and delivers worldwide supply chain solutions for its clients. The Fritz worldwide network is comprised of more than 10,000 staff operating across 480 locations, present in 115 countries, linked together by systems. Fritz Companies, Inc. (NASDAQ: FRTZ) is headquartered at 706 Mission Street, San Francisco, CA 94103, (415) 904-8360. All recent information releases are available via fax-on-demand service accessed by dialing 888-286-6419. Additional information is available via the Internet: http://www.fritz.com. -0- HK/na* CONTACT: Fritz Companies, Inc., San Francisco  Jay Bellin, 415/538-0314, jay.bellin@fritz.com KEYWORD: CALIFORNIA  INDUSTRY KEYWORD: TRANSPORTATION 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 a0605200391008152b11911202bw1401f1613milk-mustache3008152-16093206155-16 600090newsgrid business usa corporate beverages health+care sports consumer osteoporosis health 602640health/medical_writers note_to_media photo photowire/ap_photoexpress presslink_online business_wire's_web chicago healthwire june national_dairy_month americans popular milk_where's_your_mustache got_milk kurt_graetzer milk_processor_education_program creative_packaging milk gary_slack slack_barshinger partners_inc single-serve flavored_milk_fruit_smoothies milk_blends chocolate_fudge cookies cream french_vanilla_chocolate-banana double_chocolate smoothies nutrition_carrier b-12 jerry_dryer jerry_dryer_associates consider_your_calcium_source american oregon_health_sciences_university america according national_institutes web 620111Think You Know Milk? Think Again; Satisfying Your Body's Quench For Calcium Has Never Been Tastier or Easier  CHICAGO (June 1) BW HEALTHWIRE -June 1, 1998--June kicks off National Dairy Month and as milk heads into the new millennium, Americans all over the country are finding more choices in the dairy case than ever before. Popular marketing efforts like the "Milk, Where's Your Mustache?" and "Got Milk?" campaigns have helped make milk a contemporary beverage choice for everyone. As a result of these efforts, research shows a positive change in consumer attitudes and an increase in awareness about milk's nutritional benefits. And the marketing efforts are spurring a growing consumer demand. Now, milk processors are further enhancing their products and adding new varieties, giving consumers more reasons to drink milk and enjoy its benefits. "The milk industry is going through a very exciting period of change," says Kurt Graetzer, executive director of the Milk Processor Education Program. "If we look at today's dairy case, there is something for everyone, ranging from innovative packaging, trendy fruit smoothies and milk blends to some great new flavors." Creative Packaging Milk's wide-range of packaging offers consumers more convenient ways to drink milk. "The dairy industry is steadily moving away from conventional forms of packaging and is introducing more consumer friendly, grab-and-go packaging," says Gary Slack, beverage marketing consultant, Slack, Barshinger and Partners, Inc. "Single-serve containers - especially in plastic bottles - are a huge step forward in the dairy industry and are meeting the needs of consumers in the grab-and-go mode." Many milk packages have also been updated with bright colors, attractive graphics and designs, helping milk stand out in the dairy case. For example, graphics like a cow jumping over the moon or the use of popular cartoon characters are visuals that make milk fun, cool and contemporary not just among kids, but adults as well. Flavored Milk, Fruit Smoothies and Milk Blends Milk now comes in more indulgent flavors such as Chocolate Fudge and Cookies 'N' Cream and milk-based beverages like lowfat dairy shakes come in French Vanilla, Chocolate-Banana and Double Chocolate flavors. These flavored milk treats provide a great snack and also help to get calcium into the diet. Smoothies and milk blends are the latest buzzwords around the gym, at the foodcourt and in the home. In addition to flavors, fruit smoothies like strawberry-banana blast and milk blended coffee drinks are also appealing to consumers' tastebuds. These great new options provide Americans with different ways to get the three glasses of milk a day they need to meet recommended calcium goals. Milk as a Nutrition Carrier Milk is also seen as an ideal "carrier" for fortification. Sports drinks and nutrition drinks contain additional vitamins and minerals, complex carbohydrates and fiber. These high protein, fiber-added varieties offer added nutrients and provide the perfect nutritious boost. Although milk is a naturally nutrient-dense food (it contains vitamins A and D, calcium, protein, vitamin B-12, potassium, phosphorus, niacin and riboflavin), today you can also find varieties of fortified milk, which include even more nutrients like vitamin E and C and extra amounts of calcium. "Consumer consumption in the future will be characterized by a dual approach which will involve people making healthy food choices and at the same time indulging themselves with some frequency," says Jerry Dryer, market analyst, Jerry Dryer Associates. "Milk will fit the bill for both. There will be more choices available with added nutritional benefits, but there will also be super premium milks in a variety of flavors to satisfy those other indulgences." Consider Your Calcium Source Milk is one of the best sources of calcium. In the past several decades, the emergence of soft drinks and other beverages have helped edge milk off the menu. And as a result, American's fall drastically short of the recommended daily calcium intake. "In fact, approximately two-thirds of Americans do not get enough calcium in their diets. Osteoporosis is a major public health problem and much of the blame is due to widespread calcium deficiencies in this country," says David McCarron, M.D., professor of medicine at Oregon Health Sciences University and one of America's leading calcium researchers. According to the National Institutes of Health, naturally calcium-rich food sources like milk products are the preferred source of calcium. The increasing options available in the dairy case are providing more varieties and choices for consumers - giving them more reasons to get the calcium they need from milk. This has expanded the appeal of milk as a nutrient-packed and convenient choice over soft drinks and other beverages. To find out more about what's new in the dairy case, call 1-800-WHY-MILK and check out the milk Web site at http://www.whymilk.com to learn more about milk and the "Milk, Where's Your Mustache?" campaign. The "Milk, Where's Your Mustache?" campaign was developed under the guidance of the National Fluid Milk Processor Promotion Board, an organization funded by U.S. milk processors. This multi-faceted consumer education campaign was initiated to change attitudes and correct misconceptions about milk and increase milk consumption. -0- tas/cgo* CONTACT: BSMG Worldwide  Sanjay Samani, 312/988-2470 Bill Hyland, 312/988-2372 KEYWORD: ILLINOIS  INDUSTRY KEYWORD: PHOTO PHOTOWIRE FOODS/BEVERAGES MEDICINE PHOTO:bw2 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 a0605200391008152r02331202fu1401f3008152-16093206153-16 600039newsgrid usa commodity food usda mexico 602174meat washington-june_1-fwn_following_are_details_of dairy_export_incentive_program deip mt_deip_nonfat_dry_milk_to_caribbean_and delivery bonus deip mt_bonus m.e.franks_inc 620047DETAILS ON DEIP BID ACCEPTANCES ANNOUNCED TODAY Washington-June 1-FWN--FOLLOWING ARE DETAILS OF bids accepted by USDA under the Dairy Export Incentive Program (DEIP): * 17 MT DEIP NONFAT DRY MILK TO CARIBBEAN AND  MEXICO: Delivery period: Nov. 1-Dec. 31 Bonus: $880.00/MT DEIP balance: 340 MT Bonus awarded to: M.E. Franks, Inc. a0605200391008152p03321202pr1401f1617la-microsoft-iona3008152-16093206155-16 600059otc usa corporate computers electronics technology internet 601071microsoft[(msft)] iona+technologies+plc[(ionay)] microsoft+corp[(msft)] 602268new+orleans_june1 today tech ed_98_iona_technologies_plc microsoft_transaction_server iona's_orbixotm building iona com orbixotm transaction_server tip internet_engineering_task_force ietf annrai_o'toole interoperability through bob_muglia com-related orbix founded 620076IONA TECHNOLOGIES TO INTEGRATE ORBIXOTM WITH MICROSOFT TRANSACTION SERVER  Technology NEW ORLEANS, June 1 /PRNewswire/ -- Today at Microsoft(R) Tech*Ed 98, IONA Technologies PLC announced plans to integrate Microsoft Transaction Server technology and IONA's OrbixOTM. This will deliver a new level of interoperability between transactional components in diverse computing environments. Building on IONA's previously announced licensing of COM technology, this new integration between OrbixOTM and Microsoft Transaction Server technology will allow transactional components to interoperate seamlessly across the Internet. OrbixOTM and Microsoft Transaction Server technology let business-application developers easily create robust, highly scalable network- based applications using software components. This integration will benefit customers in the following ways:   * By enabling transactions initiated by components in either Microsoft  Transaction Server technology or OrbixOTM to involve components in  either environment  * By providing a solution based on the transaction Internet protocol  (TIP), a proposed Internet Engineering Task Force (IETF) standard  * By providing an open, standards-based approach that can be used by other  vendors   "IONA believes that success in the software world is determined by the ability to deliver great products based on real technologies that solve difficult customer problems," said Annrai O'Toole, executive vice president of marketing at IONA Technologies. "Interoperability is the biggest challenge facing the world today. Microsoft has delivered an outstanding technology in Microsoft Transaction Server, which will be deployed by our customers. Through the announcement today, IONA is positioning itself at the forefront of middleware technology and is reiterating its commitment to making software work together." "Microsoft is pleased with IONA's decision to integrate OrbixOTM with Microsoft Transaction Server," said Bob Muglia, senior vice president, applications and tools at Microsoft. "A key focus at Microsoft is interoperability in the enterprise, and Microsoft Transaction Server is an integral part of this focus." Microsoft Transaction Server technology makes it easier to write and deploy scalable, distributed applications. It combines the features of transaction processing with the benefits provided by component software, including a wide range of component services, while providing interoperability with existing customer investments. For more information on Microsoft Transaction Server and other COM-related technologies, please visit http://www.microsoft.com/com/. OrbixOTM is a suite of tightly integrated middleware technologies, including transactions, security, systems management, directory services and Orbix(R). It provides organizations with the tools they need to build enterprise-strength middleware solutions. For more information on OrbixOTM, visit http://www.iona.com/products/transactions/.   About IONA Technologies  Founded in 1991, IONA Technologies (Nasdaq: IONAY) is the worldwide leader in Making Software Work Together(TM). IONA's leading product, Orbix, provides customers with a standards-based enterprise middleware solution to make diverse software components work together in a reliable, dependable and scalable manner.   About Microsoft  Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take advantage of the full power of personal computing every day. The information contained in this press release relates to a prerelease software product that may be substantially modified before its first commercial release. Accordingly, the information may not accurately describe or reflect the software product when first commercially released. The press release is provided for informational purposes only, and Microsoft makes no warranties, express or implied, with respect to the press release or the information contained in it. NOTE: Microsoft is either a registered trademark or trademark of Microsoft Corp. in the United States and/or other countries. Orbix is a registered trademark and Making Software Work Together is a trademark of IONA Technologies. Other product and company names herein may be trademarks of their respective owners.  SOURCE Microsoft Corp. -0- 06/01/98 /NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft, check out the Microsoft Web page at http://www.microsoft.com/presspass/ on Microsoft's corporate information pages. To access IONA press releases and background material on the Web, visit http://www.iona.com/news/pressroom/. If you are a member of the media and would like to receive IONA press releases by e-mail, contact Tom Murphy at tmurphy@iona.com/. /CONTACT: press only, Dagmar Glier of Waggener Edstrom, 503-245-0905, or dagmarg@wagged.com, for Microsoft Corp.; or Tom Murphy, 888-orbixpr (672-4977), or tmurphy@iona.com, or Sarah Lima, 888-orbixpr (672-4977), or sarahl@iona.com, both of IONA Technologies/ /Web site: http://www.iona.com/ /Web site: http://www.microsoft.com/ (MSFT IONAY)  CO: Microsoft Corp.; IONA Technologies PLC ST: Louisiana, Washington IN: CPR MLM SU: a0605200391008152b11921202bw1401f1618new-frontier-media3008152-16093206155-16 600031otc usa corporate entertainment 601061new+frontier+media+inc[(noof)] metro+global+media+inc[(mgma)] 602130business_editors boulder_colo business_wire adult_entertainment_distributor producer_both_publicly traded_forge_landmark_alliance 620082New Frontier Media Inc. Announces Strategic Partnership With Metro Global Media  BOULDER, COLO. (June 1) BUSINESS WIRE -June 1, 1998-- Adult Entertainment Distributor and Producer, Both Publicly  Traded, Forge Landmark Alliance New Frontier Media Inc. (NASDAQ:NOOF) announced today that it has signed a letter of intent with Metro Global Media Inc. (NASDAQ:MGMA), to distribute adult entertainment produced by Metro on New Frontier Media's cable and satellite broadcasting networks. Although final terms and conditions are to be reflected in a definitive agreement yet to be drafted, the letter of intent sets forth several points of agreement between New Frontier Media, the nation's largest publicly traded cable and satellite broadcaster of adult entertainment, and Metro Global Media Inc., a leading publicly traded adult entertainment producer. Colorado Satellite Broadcasting (CSB), a wholly-owned subsidiary of New Frontier Media Inc., will be launching "TeN: The Erotic Network" on a 24-hour basis on August 15, 1998 with an estimated pre-launch carriage of 2-3 million addressable households being broadcast throughout North and South America. New Frontier also owns the popular Extasy Networks, which consists of three 24-hour, direct-to-home satellite channels. As outlined in the agreement, Metro will produce films and videos on a continuing basis for New Frontier's TeN station and their Extasy channels. This multi-picture deal involves the licensing of Metro's extensive library, along with its new releases. Between Metro's vast video and film library containing many award winning titles never before shown on satellite or cable channels, and its scheduled blockbuster future releases, this should make TeN an immediate success story. Additional terms of the agreement have Metro supplying CSB with higher budgeted productions to be released on both networks on a pay-per-view, revenue sharing basis. Metro will receive a fixed guaranty on these titles, along with a 50% revenue share with CSB. The first two pay-per-view releases will be the internationally acclaimed, multi-award winner Zazel, directed by Philip Mond, along with Red Vibe Diaries from Metro's exclusive, award winning director, James Avalon. Further provisions of the agreement between the two companies include cross-promotion of Metro's complete product lines on New Frontier's networks, while Metro will promote the networks through it's distribution channels. Metro will be receiving the largest allocation of CSB's broadcast time of any adult feature producer. Commenting on the agreement, New Frontier's Chairman and CEO, Mark Kreloff, said, "This agreement represents an important milestone for the adult entertainment industry. It is a dynamic alliance between the industry's two leading publicly traded companies. New Frontier and Metro will make a great team in bringing a new generation of adult entertainment to a rapidly expanding market. The ancillary revenue which we expect to see generated from this alliance should be substantial." Metro Global Media, headquartered in Cranston, R.I., produces, markets and distributes a proprietary line of adult-themed videos, magazines, DVDs, and interactive CD-ROM titles through its distribution channels throughout the United States and Europe. Headquartered in Boulder, New Frontier Media Inc. is a diversified entertainment company that is primarily engaged in the electronic distribution of adult entertainment content through subscription/pay-per-view television, DVD and the Internet. The company is also engaged in the business of publishing family-oriented "edutainment" and reference CD-ROM software through Inroads Interactive, a majority-owned subsidiary. -0- azs/sf* mr/sf CONTACT: New Frontier Media Inc.  Mark H. Kreloff (Chairman & CEO), 303/444-0632 or  Coffin Communications Group Sanjay Sabnani (Sr. Vice President), 818/789-0100 KEYWORD: COLORADO RHODE ISLAND  INDUSTRY KEYWORD: ENTERTAINMENT COMED 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 a0605200391008152p03331202pr1401f1618or-mentor-graphics3008152-16093206155-16 600046otc usa corporate computers electronics nasdaq 601028mentor+graphics+corp[(ment)] 602061designs target wilsonville_ore june1 arm_ltd armhy london arm 620079MENTOR GRAPHICS AND ARM LTD. DELIVER CO-VERIFICATION FOR ARM9 SYSTEM-ON-CHIP  Designs Seamless Co-Verification Environment Delivers Support Ahead of Target  ARM940T-Based Application-Specific Standard Product Silicon   WILSONVILLE, Ore., June 1 /PRNewswire/ -- In a move that greatly enhances the productivity of embedded systems designers, ARM Ltd. (Nasdaq: ARMHY; London: ARM) and Mentor Graphics (Nasdaq: MENT) have collaborated on the development of hardware/software co-verification for the ARM940T embedded RISC processor core. ARM940T is another first for Seamless(TM) and the first time anyone in the industry has delivered co-verification before application-specific standard product (ASSP) silicon availability. Mentor Graphics has been the first vendor to offer hardware/software co-verification for most of the 30 embedded processors Seamless currently supports. This new capability speeds ARM940T-based products to market by detecting bugs and eliminating prototyping re-spins long before a physical prototype is available. "Offering a virtual prototype before ASSP silicon is available delivers substantial value to developers of ARM940T-based system-on-chip designs, " stated Alistair Greenhill, EDA business manager for ARM. "Eighteen months ago we delivered ARM7TDMI support for Seamless CVE fueled by customer demand. Our partnership with Mentor Graphics demonstrates our responsiveness to customers' needs by delivering co-verification support much sooner in the processor life cycle than ever before." Using the experience from the joint development of the Seamless ARM7TDMI Processor Support package (PSP), ARM has developed an accurate, high-performance processor model for the ARM940T. The ARM940T PSP consists of a cycle-accurate instruction-set simulator, a pipeline-accurate bus interface model and Microtec's XRAY(R) source-level software debugger. The unique architecture of this PSP, combined with the Seamless CVE, creates a virtual prototype of a system-on-chip capable of validating the interaction between embedded software and hardware. "The rapid growth of co-verification is largely due to the reduction in design cycle time realized by early integration of system-on-chip hardware and software," said Jim Kenney, marketing manager for Mentor Graphics' Co-Design Business Unit. "Beating ASSP silicon to market drives hardware/software integration even earlier in the process. Much of the integration can be completed at the virtual level, shortening the time to completion of the ASSP design and production."   About Seamless CVE  Mentor Graphics' hardware/software co-verification methodology enables top-down refinement of hardware design to process software more efficiently. Seamless CVE provides both hardware and software designers an unprecedented view of system designs prior to building physical prototypes. Software designers can take advantage of the early availability of run-time libraries and behavioral-level models for validation of software against hardware early in the design process. With Seamless CVE, interface errors between hardware and software are detected earlier in the design cycle when fixes are dramatically less costly and time-consuming. Since its debut in August 1996, Seamless CVE has become the preferred co-verification software for nearly every major telecom company in the world. Dataquest, Inc. identified Mentor Graphics as the leading provider of co-verification software for the electronic design automation (EDA) industry in 1996, achieving over 75% market share.   About ARM940T  The ARM940T is the first member of the ARM9 Thumb Family -- ARM's new generation of 32-bit system-on-a-chip processor solutions. Binary-compatible with ARM7TDMI and StrongARM, the ARM9 Thumb family breaks the 100 MIPS barrier while maintaining system costs lower than many 16-bit solutions. The ARM9 Thumb Family will be delivered by ARM Partnership at a range of performance levels from 132 to 220 MIPS. ARM940T is a complete, pre-designed cached processor macrocell built around ARM9TDMI and incorporating instruction and data caches, a write buffer, and a new protection unit designed especially for embedded applications. By providing all of the high-frequency components in the pre-designed CPU block, the ASSP or ASIC developer is now free to focus on their value-added application-specific logic. The ARM940T is well-suited to high-performance embedded and system-on-a-chip applications such as set-top box, network interface cards, printers, multi-function-peripherals, and automotive applications.   Price and Availability  The Seamless ARM 940T Processor Support Package is immediately available from Mentor Graphics HP-PA and Sun Solaris platforms $20,000 U.S. list. For more information, visit ARM's Web site at: http://www.mentorg.com/seamless.   About Mentor Graphics  Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products and consulting services for the world's largest electronics and semiconductor companies. Established in 1981, the company reported revenues over the last 12 months of $461,176,000 and employee approximately 2,500 people worldwide. Company headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentorg.com.   About ARM  ARM is a leader in microprocessor Intellectual Property. ARM designs and licenses fast, low-cost, power-efficient RISC processors, peripherals and "system-chip" solutions for embedded control, consumer/educational multimedia, DSP and portable applications. ARM supports its processor offerings with development hardware and software and contract design services. ARM licenses its technology to leading semiconductor, software and OEM partners worldwide who focus on applications, design and manufacturing. Each partner offers unique ARM-related technologies and services, which together satisfy a broad range of end-user needs. Through this partnering, ARM is rapidly becoming the global volume RISC standard. ARM has offices in Cambridge and Maidenhead, UK; Los Gatos, California, and Austin, Texas; Seattle, Washington USA; Munich, Germany; Tokyo, Japan; and Seoul, Korea. For more information, visit the ARM Web site at http://www.arm.com. NOTE: Mentor Graphics is a registered trademark and Seamless and Seamless CVE are trademarks of Mentor Graphics Corporation. XRAY is a registered trademark of the Microtec Division of Mentor Graphics Corporation. ARM, Thumb, StrongARM and the ARM Powered logo are trademarks of ARM Ltd. All other brand and product names may be trademarks of their respective companies.  SOURCE Mentor Graphics Corporation -0- 06/01/98 /CONTACT: LeAnne Frank of KVO, Inc., 503-221-7403, or leanne_frank@kvo.com, for Mentor Graphics Corporation; or Shannon Lamb, Marketing Communications of Mentor Graphics Corporation, 503-685-7964, or shannon_lamb@mentorg.com; or Vera Haire, Corporate Communications of ARM Ltd., 408-399-4826, or vera.haire@arm.com/ /Web site: http://www.arm.com/ /Web site: http://www.mentorg.com/ (MENT ARMHY)  CO: Mentor Graphics Corporation; ARM Ltd. ST: Oregon IN: CPR SU: a0605200391008152b01551202bw1401f1620efficient-networks-23008152-16093206155-16 600083newsgrid nyase business otc usa corporate computers electronics telecommunications 601043analog+devices+inc[(adi)] aware+inc[(awre)] 602680business_editors supercomm booth_6219 dallas business_wire in dsl cpe efficient_networks_inc dmt_dsl efficient dsl_cpe efficient's_dallas efficient's_speedstream_3020lite dmt_adsl ppp atm dslams booth efficient_networks supercomm_98 atlanta_june_9-11 itu universal_adsl_working_group greg_langdon splitterless_dsl efficient_networks'_dsl_cpe uawg adsl asymmetric_digital_subscriber_line international_telecommunication_union t1 universal_adsl ad20msp910 michael_ziehl_analog_devices' standardized speedstream mbps pots adsl formal oem atm_forum adsl_forum dallas_texas_efficient_networks amsterdam_chicago_walnut_creek_calif arlington_virginia efficient's_world_wide_web 620144Efficient Networks Demonstrates "Splitterless" DSL Modem; Splitterless Technology to Enable Consumer Installable Customer Premises Equipment DALLAS (June 1) BUSINESS WIRE -June 1, 1998--In a move that reinforces its commitment to delivering consumer-installable, standards-based DSL customer premises equipment (CPE), Efficient Networks, Inc., today announced it has demonstrated a prototype "splitterless" DMT DSL modem based on firmware technology from Analog Devices, Inc., and Aware, Inc. Efficient has also begun interoperability testing of its splitterless DSL CPE with its business partners' central office equipment. The demonstration of the splitterless technology took place at Efficient's Dallas lab and its business partners' labs and included Efficient's SpeedStream 3020lite internal DMT ADSL modem complete with PPP over ATM drivers and compatible Digital Subscriber Line Access Multiplexers (DSLAMs). Booth to booth "splitterless" demonstrations between Efficient Networks and its business partners will take place at SuperComm 98 in Atlanta, June 9-11. "As the ITU and the Universal ADSL Working Group move to foster a standard for splitterless DSL, we believe it's imperative that proof-of-concept products be demonstrated," said Greg Langdon, vice president of marketing at Efficient Networks. "Splitterless DSL is precisely aligned with Efficient Networks' DSL CPE product philosophy, which emphasizes rapid, inexpensive deployment and management, plus ease of use for consumers." Efficient Networks' splitterless DSL technology demonstration supports the goals of the Universal ADSL Working Group (UAWG) in fostering the development of a single standards-based, cost effective, mass deployable version of ADSL (Asymmetric Digital Subscriber Line) technology. The UAWG will deliver a series of contributions to the International Telecommunication Union (ITU) G.lite subcommittee that will build on the present T1.413 standard and are intended to create quick deployment and adoption of Universal ADSL. Efficient's forthcoming SpeedStream G.lite-compliant modems allow users to receive voice and data services over a single phone line without the need for a voice splitter. The "splitterless" design reduces deployment costs for service providers because no technician visit is required to the home. "This is a great example of how quickly customers can migrate from full-rate to splitterless technology using our existing AD20msp910 platform," said Michael Ziehl, Analog Devices' broadband marketing director. "Standardized splitterless chipset/software technology in Efficient Networks' cost-effective CPE equipment will ease the migration path from consumer voiceband modems to standards-based DSL." Efficient Networks' splitterless SpeedStream products will provide downstream speeds of up to 1.5 Mbps over existing copper loops without the need for POTS splitters or new in-home wiring at the customer premises. These products will further broaden Efficient's full-rate ADSL internal and external modems and maintain full interoperability with standards-based T1.413 ADSL central office equipment. Formal product announcements from Efficient will follow later in 1998. About Efficient Networks Efficient Networks, Inc. is a premier supplier of ATM over ADSL customer premises equipment (CPE) to the worldwide data and telecommunications markets. The company's SpeedStream product line includes a suite of internal and external modems all designed for simple installation. Efficient Networks is offering its SpeedStream products through various channels, including volume private label OEM agreements and direct sales to service providers. As a recognized leader in ATM technology, Efficient Networks is a member of the ATM Forum and the ADSL Forum. With headquarters in Dallas, Texas, Efficient Networks also has offices in Amsterdam, Chicago, Walnut Creek, Calif. and Arlington, Virginia. For more information, see Efficient's World Wide Web home page at www.efficient.com. -0- mi/sf* CONTACT: Efficient Networks, Inc  Lori Hicks, 972/991-3884 lori@efficient.com  or Sommerhauser Public Relations  Charles Sommerhauser, 925/417-5227 charles@trivalley.com KEYWORD: TEXAS INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS 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 a0605200391008152b11931202bw1401f1608mapics-43008152-16093206155-16 600063newsgrid nyase business otc usa corporate computers electronics 601078mapics+inc[(mapx)] general+electric+co[(ge)] ibm[(ibm)] york+intl+corp[(yrkw)] 602129business/technology_editors atlanta business_wire foster&gallagher_agreement_represents mapics_xa_license_signed than_five_years 620066MAPICS Signs 2,000th Customer to Implement Its Global ERP Solution  ATLANTA (June 1) BUSINESS WIRE -June 1, 1998-- Foster & Gallagher Agreement Represents the  2,000th MAPICS XA License Signed in Less Than Five Years MAPICS, Inc. (NASDAQ:MAPX), a leading provider of enterprise-wide planning solutions to manufacturers worldwide, today announced that Foster & Gallagher, Inc., a premier direct marketing company, has chosen MAPICS XA to optimize its manufacturing operations and link its more than 20 businesses worldwide. The agreement represents the 2,000th customer licensed for MAPICS XA since its original general availability in March 1994, marking a major milestone for the company. Foster & Gallagher is North America's largest direct marketer of horticultural products, and a leader in hardgoods, specialty foods and toys, personalized products, and health and personal care items. The deal further illustrates MAPICS XA's strength in providing manufacturers with multi-facility demand and supply management to help streamline their global communications and information exchange. "We were looking to integrate all our human resource, financial, logistics and manufacturing systems together to achieve enterprise-wide communication. MAPICS XA proved to be the ideal solution to achieve this level of total integration," said John H. Allen, Sr. VP and CIO of Foster & Gallagher. "MAPICS provides us with complete inventory control and complex multi-facility management features that allow us to maximize our inventory control and better deliver products to our customers." Michigan Bulb Co., a Foster & Gallagher company and one of the leading catalog suppliers of bulbs and flowers in North America, originally installed MAPICS XA in October 1994. After realizing the benefits of MAPICS at the Michigan Bulb site, Foster & Gallagher decided to implement the Enterprise Resource Planning (ERP) solution on a corporate-wide basis. More than 20 Foster & Gallagher businesses are planned to run on one MAPICS system, including the well-known brand names Michigan Bulb Co., Walter Drake, The Popcorn Factory and Spring Hill Nurseries. "Foster & Gallagher is a major customer for us on many fronts," said Dick Cook, MAPICS' president and CEO. "This agreement symbolizes MAPICS' continued strength in multi-site logistics and demand management. Moreover, reaching 2,000 live implementations of MAPICS XA in just over four years proves MAPICS' acceptance as the premier ERP solution for manufacturers. By providing customers with a proven product that utilizes the latest technology with one of the shortest implementation cycles in the industry, MAPICS continues to maximize return on investment for our customers." Foster & Gallagher was recognized as the 2,000th MAPICS XA customer 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 Celebrates 20 Years of Manufacturing Excellence," "MAPICS Unveils Future E-Business Product Strategy" and "MAPICS Announces Euro Strategy for Global Manufacturers.") MAPICS XA 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. About Foster & Gallagher Foster & Gallagher, Inc., one of the leading direct marketing companies in North America, operates through five business groups -- Spring Hill, Gift, Children's, Michigan Bulb and Corporate Services. Headquartered in Peoria, Ill., the company has offices in nine states as well as a strong presence in Canada, Holland and Japan. In 1997, gross sales approached $500 million. Foster & Gallagher is a majority-owned employee stock ownership company. 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 that may be derived from 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- es/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 a0605200391008152p03341202pr1401f1621la-microsoft-inititvs3008152-16103206155-16 600079newsgrid nyase business otc usa corporate computers electronics internet nasdaq 601150microsoft+corp[(msft)] microsoft[(msft)] iona+technologies+plc[(ionay)] digital+equipment+corp[(dec)] silicon+graphics+inc[(sgi)] vanstar+corp[(vst)] 602967transaction_server_technology new+orleans_june1 tech ed_98 component_object_model com microsoft_transaction_server iona object_transaction_monitor otm visual_edge_software_ltd unix digital_acms together interoperability bob_muglia david_yeger merrill_lynch_company_inc com-based microsoft_message_queue_server orbixotm building microsoft's_com tip internet_engineering_task_force ietf visual_edge unix-based_com-corba unix_visual_edge com-corba_objectbridge digital microsoft's_transaction_server digital's_acms digital_open_vms_digital_unix microsoft_windows_nt transaction_server today licensing_com hewlett-packard_co support kpmg sap baan_com windows_nt-based single-interface ole_db odbc transaction ibm_cics ims reliable ibm_mqseries msmq level8_bridge internet_information_server iis microsoft_transaction_server_technology microsoft_component_object_model according giga_information_group founded msft accordingly windows_nt source_microsoft_corp 620077MICROSOFT ANNOUNCES NEW INTEROPERABILITY INITIATIVES FOR COM AND MICROSOFT  Transaction Server Technology NEW ORLEANS, June 1 /PRNewswire/ -- At Tech*Ed 98 today, Microsoft Corp. announced several new interoperability initiatives based on the Microsoft(R) Component Object Model (COM) and Microsoft Transaction Server technologies. In separate announcements, IONA Technologies PLC and Microsoft announced that IONA will be integrating its Object Transaction Monitor (OTM) software with Microsoft Transaction Server technology; Visual Edge Software Ltd. announced licensing of COM on UNIX; and Digital Equipment Corp. announced its plans to provide additional interoperability between Microsoft Transaction Server technology and Digital ACMS. Together these and earlier announcements highlight the growing momentum behind Microsoft's commitment to interoperability with heterogeneous environments in the enterprise. "Interoperability makes it easier for customers to build enterprise applications and components while lowering integration costs," said Bob Muglia, senior vice president, applications and tools at Microsoft. "COM and Microsoft Transaction Server play a significant role in Microsoft's interoperability strategy, and today's announcements highlight the momentum behind these technologies." "We are very excited about the additional interoperability work Microsoft is bringing to the enterprise," said David Yeger, vice president at Merrill Lynch Company Inc. "COM-based technologies such as Transaction Server, Internet Information Server and Microsoft Message Queue Server and the interoperability and ease of development they provide are strategic to us. COM provides us with a great way of integrating our diverse environments." In related announcements, IONA Technologies said it will integrate its OrbixOTM with Microsoft Transaction Server technology. Building on IONA's previously announced licensing of Microsoft's COM technology in January, this new integration will allow transaction components to interoperate seamlessly across the Internet, enabling transactions started by components in either Microsoft Transaction Server technology or OrbixOTM to involve components in either environment. The solution is based on the transaction Internet protocol (TIP), a proposed Internet Engineering Task Force (IETF) standard. This approach can be used by other vendors as well. Visual Edge's licensing of COM will provide UNIX-based COM-CORBA bridging. By licensing COM on UNIX, Visual Edge will be able to offer the benefits of its COM-CORBA ObjectBridge to a new customer base, UNIX developers. This work will provide customers with greater levels of interoperability and integration in the enterprise. Digital plans to provide additional interoperability between Microsoft's Transaction Server technology and Digital's ACMS transaction technology, using TIP. This will allow Digital ACMS family users on Digital Open VMS, Digital UNIX and the Microsoft Windows NT(R) operating system to utilize TIP transactions and application interoperability to perform transactions with Transaction Server technology throughout the enterprise.   Today's announcements build on these previous Microsoft interoperability initiatives: * Licensing COM to major system vendors such as Digital, Siemens Nixdorf Information Systems Inc., Hewlett-Packard Co. and Silicon Graphics Inc. * Support by leading systems integrators Andersen Consulting, Electronic Data Systems Corp., KPMG and Vanstar Corp. of support for COM across their customers' mixed-platform environments. * SAP and Baan COM initiatives * Windows NT-based interoperability initiatives: -- Single-interface access to any data store through OLE DB and ODBC, plus enhanced support for Oracle 7.3+ via Microsoft Transaction Server 2.0 technology -- Transaction support to IBM CICS and IMS in Microsoft SNA Server 4.0, using Microsoft Transaction Server technology -- Reliable integration with the IBM MQSeries using Microsoft Message Queue Server (MSMQ) and the Level 8 Bridge -- Reliable application interoperability over the Internet to any browser using Internet Information Server (IIS) integration with Microsoft Transaction Server and MSMQ   About Microsoft Transaction Server Technology  Microsoft Transaction Server technology make it easier to write and deploy scalable, distributed applications. It allows developers to focus on solving the business logic and value-added programming rather than writing infrastructure code, which is a time-consuming and laborious process. Transaction Server technology combines the features of transaction processing with the benefits provided by component software, including a wide range of component services, while providing interoperability with existing customer investments.   About the Component Object Model  The Microsoft Component Object Model provides a standard way to write components and applications. It provides the richest set of integrated services, the widest choice of easy-to-use tools, and the largest set of available applications. COM is used on over 150 million systems worldwide. According to Giga Information Group, customer demand for third-party components was $410 million in 1997 and is expected to grow to $670 million in 1998. For more information on COM and related technologies, visit: http://www.microsoft.com/com/. Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take full advantage of the full power of personal computing every day.   The information contained in this press release relates to a prerelease software product that may be substantially modified before its first commercial release. Accordingly, the information may not accurately describe or reflect the software product when first commercially released. The press release is provided for informational purposes only, and Microsoft makes no warranties, express or implied, with respect to the press release or the information contained in it. Microsoft and Windows NT are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. Other product and company names herein may be trademarks of their respective owners.  SOURCE Microsoft Corp. -0- 06/01/98 /NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass/ on Microsoft's corporate information pages. To access IONA press releases and background material on the Web, visit http://www.iona.com/news/pressroom/. If you are a member of the media and would like to receive IONA press releases by e-mail, contact Tom Murphy at tmurphy@iona.com/./ /CONTACT: press only: For Microsoft: Dagmar Glier, dagmarg@wagged.com, or Joscelyn Zell, jzell@wagged.com, both of Waggener Edstrom, 503-245-0905; or For IONA: Tom Murphy, tmurphy@iona.com, or Sarah Lima, saral@iona.com, both of IONA Technologies, 888-672-4977 (888-orbixpr)/ /Web site: http://www.iona.com/ /Web site: http://www.microsoft.com/ (MSFT)  CO: Microsoft Corp. ST: Washington, Louisiana IN: CPR MLM SU: a1008152r06901202fu1401f3008152-16103206153-16 600031newsgrid usa commodity cme usda 602178meat comments chicago-june_1-fwn_pork_complex_futures_ended_the lean chicago-based cutouts interior_iowa cash rand rand_lfg_r.j.o'brien chicago_corp pork action fimat estimated 620060CLOSING CME PORK: HIGHER ON SHORT COVERING IN LISTLESS TRADE Chicago-June 1-FWN--PORK COMPLEX FUTURES ENDED THE session higher on short covering and follow-through from Friday's gains. Lean hog futures closed higher with the July contract leading the way in quiet trade. "It's hard to say why hogs are firmer today," said one Chicago-based analyst. "Cutouts are lower, but demand is looking so strong that packers just keep buying them." One floor source added that traders don't have any strong convictions and that the fundamentals are pretty good overall. On the daily technical charts, hogs are range-bound trading near the day's high of $61.57. In fundamental news, the estimated Interior Iowa hog run is 110,000. A year ago it was 87,000. Cash hogs were steady to $2.50 higher between $41 and $44, which equals lean hog values of $55.41 to $59.46. The lean hog index was last reported down $1.15 at $63.51 as of May 26, according to CME information. At midday, USDA reported 20 loads of pork cuts and nine loads of trim/process pork. Trading was slow, with light demand and moderate offerings. In June lean hogs, Rand bought. No June sellers were established. In July, Rand, LFG, R.J. O'Brien and locals were buyers and selling was scattered. In August hogs, Chicago Corp. bought. No August sellers were established. The day's slaughter estimate was 319,000 head, compared to 3,000 last week and 299,000 last year. A previous estimate put the kill at 332,000 head. Pork belly futures closed sharply higher on mostly local trade. "The locals shorted out," said one floor source, emphasizing that the short covering was in very light trade. Pork belly futures opened weaker on early fund selling, floor sources said. In the daily technical chart, July bellies extended Friday's highs and closed near the 10-day moving average of $51.49. August contracts also extended Friday's gains to close just above the 10-day moving average. The midday price for 14- to 16-pound bellies was $50, according to CME information. Action in the July pork bellies included FIMAT and locals buying. No sellers were established. Estimated closing volume in lean hog futures was led by July with 3,455 contracts. Estimated closing volume in pork belly futures was led by July with 1,808 contracts traded. a1008152b14951202bw1401f1605fleet3008152-16103206155-16 600050newsgrid nyase business usa corporate banking nyse 601121fleet+capital+trust+i[(flt)] fleet+financial+group+inc[(flt)] fleet+capital+trust+iii[(flt)] merrill+lynch&co+inc[(iml)] 602162business_editors boston business_wire the_trustees delaware trust_originated_preferred_securities sm new+york_stock_exchange flt trustees fleet_capital_trust_iv 620061Fleet Capital Trust I, III and IV Declare Preferred Dividends BOSTON (June 1) BUSINESS WIRE -June 1, 1998--The Trustees of Fleet Capital Trust I, a Delaware business trust established by Fleet Financial Group, have declared a quarterly dividend of $.50 on its 8.00 percent Trust Originated Preferred Securities(SM). The securities are listed on the New York Stock Exchange (NYSE:FLT pfH). The dividends will be payable on June 30, 1998 to holders of record on June 15, 1998. The Trustees of Fleet Capital Trust III, a Delaware business trust, also declared a quarterly dividend of $.4406 on its 7.05 percent Trust Originated Preferred Securities(SM) (NYSE:FLT pfI). The dividends will be payable on June 30, 1998 to holders of record on June 29, 1998. In addition, the Trustees of Fleet Capital Trust IV, a Delaware business trust, declared its first quarterly dividend of $.3087 on its 7.17 percent Trust Originated Preferred Securities(SM) (to be listed on the NYSE:FLT pfJ). The dividends will be payable on June 30, 1998 to holders of record on June 29, 1998. Fleet Financial Group, headquartered in Boston and listed on the New York Stock Exchange (NYSE:FLT), is a diversified financial services company with $97.7 billion i n assets and more than $80 billion in assets under management. The nation's sixth largest commercial lender and New England's leading small business lender, Fleet's lines of business include consumer banking, government banking, mortgage banking, corporate finance, commercial real estate lending, credit cards, insurance services, cash management, equipment leasing and asset-based lending. Fleet also provides a wide array of investment management services for both individuals and institutional clients and operates the nation's third largest discount brokerage firm through its Quick & Reilly, Inc. subsidiary. With 1,200 branches and over 2,400 ATMs, Fleet also provides 24-hour telephone banking as well as electronic banking services through the Fleet PC Banking Center. Trust Originated Preferred Securities(SM) and TOPrS(SM) are service marks of Merrill Lynch & Co. -0- mp/bos* CONTACT: Fleet Financial Group  James Mahoney, (617) 346-5472 KEYWORD: MASSACHUSETTS  INDUSTRY KEYWORD: BANKING DIVIDEND 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 a0605200391008152b01561202bw1401f1618anyware-technology3008152-16103206155-16 600067otc usa corporate computers electronics telecommunications internet 601028sun+microsystems+inc[(sunw)] 602763business_editors&technology_writers city_of_industry_calif business_wire everlink_suite tm provides_secure_internet/intranet communications anyware_technology_inc wans java phaos_technology's_sslava toolkit des rsa data_security secure glenn_hunter anyware_technology everlink fully_integrated_components everlink_client everlink_owner's_certificate users web suite ssl everlink_locatorone locatorone everlink_entryguard efficient_e-mail_management enhanced_file_transfer security_auditing_features instant_business_communication everlink's_direct_conversation direct_conversation lower_cost ownership pricing availability vars a_30-day current city industry los+angeles world_wide_web note_to_editors everlink_locatorone_entryguard sun_sun_microsystems 620055Anyware Technology Releases Enterprise Security Product CITY OF INDUSTRY, CALIF. (June 1) BUSINESS WIRE -June 1, 1998-- EverLink Suite(TM) Provides Secure Internet/Intranet Communications Anyware Technology Inc. Monday announced the release of EverLink Suite(TM), a peer-to-peer secure-communications and remote-access offering to protect corporate data over WANs or the Internet. The software uniquely integrates Java(TM) technology and several security methods, including passwords, Phaos Technology's SSLava(TM) Toolkit for secure transport with SSL, S/HTTP, X.509 certificates, DES and other industry-standard encryption technologies from RSA(R) Data Security. "Secure access to corporate data by remote and mobile workers, partners and suppliers is a business-critical need for many organizations with offices and branches throughout the world," said Glenn Hunter, vice president of marketing, Anyware Technology. "EverLink provides IT executives and business managers with a cost-effective method of securing their enterprisewide e-mail and file transfers from unauthorized interception across many disparate computer platforms." Three Fully Integrated Components The EverLink Suite consists of three fully integrated software components that work together to provide a low-cost, secure, private and cross-platform solution for communication and remote network access. The EverLink Client establishes a virtual-office home page for direct computer-to-computer links between authorized users, verifies passwords and authenticates an EverLink Owner's Certificate before it allows communications. Users connect to EverLink virtual-office pages using Web browsers or the Suite's intuitive client interface. To eliminate the danger of interception, all access is peer-to- peer through SSL channels. EverLink LocatorOne(TM) lists the addresses for EverLink users' virtual-office home pages. LocatorOne allows an address to be listed after authenticating the client's EverLink Owner's Certificate, and it also offers search functions. EverLink EntryGuard(TM) protects internal networks from unauthorized access while allowing authorized users to communicate securely and privately with specific sites inside the firewall. Efficient E-Mail Management EverLink offers a host of advanced, time-saving e-mail messaging and management features, including a comprehensive address book that lets each user define the structure for organizing local and remote groups. Enhanced File Transfer and Security Auditing Features EverLink delivers secure file and folder transfers through a direct SSL channel between the source and destination computers. The product also creates a log entry for each file transferred through the firewall, thereby providing system administrators with centralized administration and management capabilities. Instant Business Communication EverLink's Direct Conversation(TM) feature allows two EverLink users to communicate interactively, privately and securely -- in real time. For use as a strategic business tool, Direct Conversation delivers instant business messaging with sessions authorized through digital certificates and protected by SSL. Lower Cost of Ownership EverLink requires no investment in networking hardware, and the solution dramatically reduces networking and telecommunication costs as compared with leased lines, remote-access servers, virtual private networks and similar solutions. Pricing and Availability Anyware Technology will market its product through network security value-added resellers (VARs), systems integrators and security consultants. A 30-day free-trial version of the EverLink Suite software is available as a download from the company's Web site. A live demo is also available from the Web site. Current list pricing for the server-based security product is from $495 (for 25 users) and $2,995 (for 200 users). About Anyware Technology Anyware Technology develops, manufactures and markets integrated desktop and client/server software solutions for business-critical applications. The company's mission is to provide customers with the ability to take full advantage of the communication, commercial potential and competitive advantages of the Internet, intranets and extranets, while overcoming access, security, privacy and cost barriers. Anyware Technology has headquarters in the City of Industry, near Los Angeles, and can be reached toll-free at 888/383-7178; telephone 626/839-6890; fax 626/839-6897; e-mail marketing@anywaretechnology.com or on the World Wide Web at http://www.anywaretechnology.com. NOTE TO EDITORS: EverLink, LocatorOne, EntryGuard and Direct Conversation are trademarks of Anyware Technology Inc. Sun, Sun Microsystems and Java are trademarks or registered trademarks of Sun Microsystems Inc. in the United States and other countries. All other names and terms are trademarks or registered trademarks of their respective companies. -0- DB/la* RPL/la CONTACT: Anyware Technology Inc., City of Industry  Glenn M. Hunter, 888/383-7178 or 626/839-6890 glenn@anywaretechnology.com KEYWORD: CALIFORNIA  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 a0605200391008152p03351202pr1401f1619la-microsoft-teched3008152-16103206155-16 600039otc usa corporate computers electronics 601040microsoft+corp[(msft)] microsoft[(msft)] 602031microsoft_can new+orleans_june1 620154MICROSOFT TECH*ED 98 DRAWS SELL-OUT CROWD; DEVELOPERS TO LEARN ABOUT LATEST WINDOWS-BASED INNOVATIONS, KEY WINDOWS TECHNOLOGIES AND BUSINESS Solutions  Steve Ballmer Opens Event With Keynote Speech Focused on How Microsoft Can Help Developers Address Key Business Challenges   NEW ORLEANS, June 1 /PRNewswire/ -- Microsoft Corp. (Nasdaq: MSFT) today kicked off Microsoft Tech*Ed 98, the company's definitive technical conference for building complete solutions on the Microsoft(R) Windows(R) operating system. For five days, a sell-out crowd of more than 8,800 developers will be immersed in information on the latest Microsoft and third-party tools and technologies for building applications and complete solutions for the Windows platform. Microsoft Tech*Ed attendees will choose from more than 250 sessions ranging from strategic overviews to highly technical, in-depth sessions. Attendees also will have the opportunity to participate in peer networking events and to attend demonstrations from more than 275 leading industry vendors. "Microsoft is excited by the developer response to Microsoft Tech*Ed 98, " said Tod Nielsen, general manager of the developer relations group at Microsoft. "We're pleased to see so much enthusiasm behind the Windows platform, and we are thrilled to be providing a level of training and information that will enable developers to put what they learn to work immediately when they return to the office." "This will be my third year of participation at the Microsoft Tech*Ed conference," said Ioannis Apostolakis, senior development engineer at Iconics. "The conference gives me a head start with new software technologies, enabling me to make the right design decisions for Iconics next-generation 32-bit software. I look forward to this year's Microsoft Tech*Ed conference to get a preview of the future trends in software, as well as to exchange ideas with fellow developers."   Microsoft Executive Keynotes  Microsoft's Steve Ballmer, executive vice president of sales and support, opened Microsoft Tech*Ed 98 this morning with a keynote address. Ballmer provided a comprehensive overview of how the Microsoft Windows operating system is the most complete platform for building integrated business applications. Ballmer also made several announcements in his presentation, including several new interoperability initiatives related to Component Object Model (COM) and Microsoft Transaction Server technology, the interoperability of Microsoft SQL Server(TM) 7.0 with the next version of Office, and the SQL Server $20 million database administrators (DBAs) training initiative. Ballmer reiterated Microsoft's ongoing commitment to the developer community and asked attendees to share their feedback about working with Microsoft via an online survey. The results will become the Developer Punchlist, a list of high-priority issues developers want Microsoft to address with regard to its products, programs and other ways that it works with developers. Balmer will make a commitment to the Developer Punchlist as a long-term activity between Microsoft and the developer community. Developers will also have the opportunity to attend a keynote address from Microsoft chairman and CEO Bill Gates. Gates will give the closing keynote presentation on Thursday, June 11 at 4 p.m. via live satellite broadcast. Gates will provide a visionary look at the "digital nervous system" and will discuss how it affects developers, their businesses and their lifestyles. Gates also will describe Microsoft's vision of the future of PCs and will demonstrate some of the latest state-of-the art technologies that will transform the digital nervous system concept into a reality. For more information on the keynotes, sessions and agenda, please visit http://www.microsoft.com/events/teched/. Transcripts of the keynotes will be posted at http://www.microsoft.com/presspass/.   New Additions to Microsoft Tech*Ed 98  Microsoft Tech*Ed 98 attendees can attend not only the regular sessions and keynotes, but also the following new key elements:   * Daily general sessions. In response to attendees' requests, each day will begin with a general session, Tuesday through Thursday. Each session will feature one of the most popular topics, based on developers' past favorite picks. * Hands-on sessions on the Windows NT(R) operating system 5.0. The Windows NT team will lead in-depth hands-on sessions that demonstrate the client/server view of the Directory Services and the Zero Administration initiative for Windows. * Web technology sessions. Sessions are categorized into business scenarios and can be cross-referenced by product. This year, new Web technology sessions for Internet administration and Internet development will be offered. These new sessions are designed to help Web developers, administrators and designers take advantage of all the cutting-edge technology now available to unleash the full power of the Web.   Microsoft Tech*Ed Featured at Microsoft at the Movies  Microsoft's commitment to developers does not stop at Microsoft Tech*Ed 98. Developers unable to attend the conference will not miss out on the technical sessions and keynotes offered at the event. To reach even more developers, Microsoft at the Movies will rebroadcast some of the most popular sessions from Microsoft Tech*Ed 98 in movie theaters across the United States and Canada on June 30, 1998. For $79, Microsoft at the Movies attendees will see a variety of sessions and receive a CD filled with valuable tools, technologies and resources. The CDs will also include slides and speaker notes from Microsoft at the Movies and Microsoft Tech*Ed 98. For more information on Microsoft at the Movies, including event times, locations and online registration, please see http://www.microsoft.com/events/msmovies/.   Additional Information  The Microsoft Tech*Ed conference is one of many resources Microsoft provides to developers to help them benefit from the business opportunities enabled by innovations on the Windows platform. For a complete listing of programs, events and resources, please visit http://www.microsoft.com/msdn/. Founded in 1975, Microsoft is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take advantage of the full power of personal computing every day. NOTE: Microsoft, Windows and Windows NT are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. Other product and company names herein may be trademarks of their respective owners.  SOURCE Microsoft Corp. -0- 06/01/98 /NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft, check out the Microsoft Web page at http://www.microsoft.com/presspass/ on Microsoft's corporate information pages./ /CONTACT: press only, Melissa Leonard, 503-245-0905, or melissal@wagged.com, or Joscelyn Zell, 503-245-0905, jzell@wagged.com, both of Waggener Edstrom, for Microsoft Corp./ /Web site: http://www.microsoft.com/ (MSFT)  CO: Microsoft Corp. ST: Louisiana, Washington IN: CPR MLM SU: a1008152r06911202fu1401f3008152-16103206153-16 600052newsgrid usa commodity weather energy south_carolina 602999table chicago-june_1-fwn_the_national_weather_service_6-to outlook_for_sunday_june_7_to_thursday_june_11 calls_for_below-normal_mean_temperatures_from_the eastern_slopes_of_the_central_rockies_eastward northeastward_and_southeastward_to_include_all_of_the central_great_plains_the_eastern_northern_great_plains_and northeastern_southern_great_plains_all_but_the_lower mississippi_valley_the_great_lakes_region_the_ohio_valley tennessee_most_of_the_appalachians_and_the_northern half_of_the_atlantic_coast_states within_this_large_area_of below-normal_temperatures_much_below_normal_is_predicted of_kansas_iowa_missouri_illinois_and_indiana southeastern_half_of_nebraska_southeastern_minnesota southern_two-thirds_of_wisconsin_the_lower_peninsula_of michigan_and_western_ohio above-normal_mean_temperatures_are_forecast_for_all areas_west_of_the_continental_divide_except_for_much_above normal_over_northern_and_northeastern_washington_and_near normal_over_the_northern_two-thirds_of_california_western nevada_and_southeastern_oregon above-normal_temperatures are_also_expected_across_the_southern_part_of_the_nation of_new_mexico_southwestern_and_south_texas_along louisiana_coast_to_florida_and_southeastern_georgia near-normal_temperatures_are_indicated_for_unspecified areas little_or_no_precipitation_is_predicted_for_the southern_half_of_california_far_southern_nevada_arizona of_utah_and_new_mexico_extreme_southwestern_sections of_colorado_southwestern_and_southern_parts_of_texas_and louisiana_coast below-median_precipitation_totals_are_forecast_for_most of_the_florida_peninsula_as_well_as_over_most_of_washington state_extreme_northern_idaho_and_northeastern_oregon above-median_precipitation_totals_are_indicated_over northern_half_of_california_most_of_nevada southwestern_oregon_and_extreme_northwestern_utah_as_well fora_large_area_extending_from_the_eastern_slopes_of_the central_rockies_eastward_and_southeastward_through_most_of central_and_southern_great_plains_and_lower_missouri valley_to_the_central_and_most_of_the_lower_mississippi valley_the_ohio_valley_and_southern_half_of_the_great_lakes region_the_tennessee_valley_and_the_interior_of_the_gulf coast_states_to_the_atlantic_coast_from_southern_new_england near-median_precipitation_totals_are_indicated_for unspecified_areas 620046NATIONAL WEATHER SERVICE 6- TO 10-DAY FORECAST Chicago-June 1-FWN--THE NATIONAL WEATHER SERVICE 6- TO 10-DAY OUTLOOK FOR SUNDAY, JUNE 7, TO THURSDAY, JUNE 11, 1998, CALLS FOR BELOW-NORMAL MEAN TEMPERATURES FROM THE EASTERN SLOPES OF THE CENTRAL ROCKIES EASTWARD, NORTHEASTWARD AND SOUTHEASTWARD TO INCLUDE ALL OF THE CENTRAL GREAT PLAINS, THE EASTERN NORTHERN GREAT PLAINS AND THE NORTHEASTERN SOUTHERN GREAT PLAINS, ALL BUT THE LOWER MISSISSIPPI VALLEY, THE GREAT LAKES REGION, THE OHIO VALLEY AND TENNESSEE, MOST OF THE APPALACHIANS AND THE NORTHERN HALF OF THE ATLANTIC COAST STATES. WITHIN THIS LARGE AREA OF BELOW-NORMAL TEMPERATURES, MUCH BELOW NORMAL IS PREDICTED OVER MOST OF KANSAS, IOWA, MISSOURI, ILLINOIS AND INDIANA, THE SOUTHEASTERN HALF OF NEBRASKA, SOUTHEASTERN MINNESOTA, THE SOUTHERN TWO-THIRDS OF WISCONSIN, THE LOWER PENINSULA OF MICHIGAN AND WESTERN OHIO.  ABOVE-NORMAL MEAN TEMPERATURES ARE FORECAST FOR ALL AREAS WEST OF THE CONTINENTAL DIVIDE EXCEPT FOR MUCH ABOVE NORMAL OVER NORTHERN AND NORTHEASTERN WASHINGTON AND NEAR NORMAL OVER THE NORTHERN TWO-THIRDS OF CALIFORNIA, WESTERN NEVADA AND SOUTHEASTERN OREGON. ABOVE-NORMAL TEMPERATURES ARE ALSO EXPECTED ACROSS THE SOUTHERN PART OF THE NATION FROM MOST OF NEW MEXICO, SOUTHWESTERN AND SOUTH TEXAS ALONG THE LOUISIANA COAST TO FLORIDA AND SOUTHEASTERN GEORGIA.  NEAR-NORMAL TEMPERATURES ARE INDICATED FOR UNSPECIFIED AREAS.  LITTLE OR NO PRECIPITATION IS PREDICTED FOR THE SOUTHERN HALF OF CALIFORNIA, FAR SOUTHERN NEVADA, ARIZONA, MOST OF UTAH AND NEW MEXICO, EXTREME SOUTHWESTERN SECTIONS OF COLORADO, SOUTHWESTERN AND SOUTHERN PARTS OF TEXAS, AND THE LOUISIANA COAST.  BELOW-MEDIAN PRECIPITATION TOTALS ARE FORECAST FOR MOST OF THE FLORIDA PENINSULA, AS WELL AS OVER MOST OF WASHINGTON STATE, EXTREME NORTHERN IDAHO AND NORTHEASTERN OREGON.  ABOVE-MEDIAN PRECIPITATION TOTALS ARE INDICATED OVER THE NORTHERN HALF OF CALIFORNIA, MOST OF NEVADA, SOUTHWESTERN OREGON, AND EXTREME NORTHWESTERN UTAH, AS WELL AS FOR A LARGE AREA EXTENDING FROM THE EASTERN SLOPES OF THE CENTRAL ROCKIES EASTWARD AND SOUTHEASTWARD THROUGH MOST OF THE CENTRAL AND SOUTHERN GREAT PLAINS AND LOWER MISSOURI VALLEY TO THE CENTRAL AND MOST OF THE LOWER MISSISSIPPI VALLEY, THE OHIO VALLEY AND SOUTHERN HALF OF THE GREAT LAKES REGION, THE TENNESSEE VALLEY, AND THE INTERIOR OF THE GULF COAST STATES TO THE ATLANTIC COAST FROM SOUTHERN NEW ENGLAND TO SOUTH CAROLINA.  NEAR-MEDIAN PRECIPITATION TOTALS ARE INDICATED FOR UNSPECIFIED AREAS. More to follow... a1008152r06921202fu1401f3008152-16113206153-16 600051newsgrid usa commodity weather energy massachusetts 602762table state_temp_pcpn_state_temp_pcpn_state_temp_pcpn washington_mab_oregonan_nrn_califn srn_califa_np_idahoan_nevadaa w_montanaane_montanann_wyomingn utaha_np_arizonaa_np_coloradob new_mexicoa_npn_dakotabns_dakotab nebraskabn_kansas_mba_oklahomab n_texasnas_texasa_npw_texasn minnesotabn_iowa_mbn_missouri_mb arkansasba_louisianann_wisconsin_mb illinois_mba_mississippina_michigan_mb indiana_mba_ohioba_kentuckyb tennesseeba_alabamana_new_yorkb vermontbn_new_hampbn_maineb massba_connba_rhode_islb pennba_new_jerseybaw_virginiab marylandba_delawareba_virginiab n_carolinanas_carolinana_georgian fl_pnhdlan_fl_penina legend temps_with_respect_to_normal_pcpn_with_respect_to_normal abovea aboven normal near_normalb belowb below_np-no_pcpn mb below end 620033NWS 6- TO 10-DAY FORECAST: PART 2 For June 7-11, 1998 STATE TEMP PCPN STATE TEMP PCPN STATE TEMP PCPN WASHINGTON MA B OREGON A N NRN CALIF N A SRN CALIF A NP IDAHO A N NEVADA A A W MONTANA A N E MONTANA N N WYOMING N N UTAH A NP ARIZONA A NP COLORADO B N NEW MEXICO A NP N DAKOTA B N S DAKOTA B N NEBRASKA B N KANSAS MB A OKLAHOMA B A N TEXAS N A S TEXAS A NP W TEXAS N N MINNESOTA B N IOWA MB N MISSOURI MB A ARKANSAS B A LOUISIANA N N WISCONSIN MB A ILLINOIS MB A MISSISSIPPI N A MICHIGAN MB A INDIANA MB A OHIO B A KENTUCKY B A TENNESSEE B A ALABAMA N A NEW YORK B A VERMONT B N NEW HAMP B N MAINE B N MASS B A CONN B A RHODE ISL B A PENN B A NEW JERSEY B A W VIRGINIA B A MARYLAND B A DELAWARE B A VIRGINIA B A N CAROLINA N A S CAROLINA N A GEORGIA N N FL PNHDL A N FL PENIN A B LEGEND TEMPS WITH RESPECT TO NORMAL PCPN WITH RESPECT TO NORMAL MA - MUCH ABOVE A - ABOVE A - ABOVE N - NORMAL N - NEAR NORMAL B - BELOW B - BELOW NP- NO PCPN MB - MUCH BELOW End a1008152p07891202pr1401v1617ma-sapient-invite3008152-16113206155-16 600053newsgrid business usa corporate computers electronics 620077SAPIENT INVITES PRESS AND ANALYSTS TO ATTEND LEADERTALK! AT E-CONGRESS '98  Co-CEOs Jerry A. Greenberg and J. Stuart Moore to be Featured in Live Taping of LeaderTalk! Segment "E-Commerce: Movers and Sharpers Who Are Changing Your World"   Where/When: e-Congress '98, Boston, MA  June 2, 1998, 6:15 p.m.  Boston Park Plaza Hotel   Who: Sapient Corporation, based in Cambridge, Mass., is a leading provider of business and information technology solutions on a fixed-time, fixed-price basis. Recognized for its innovations in using both Web-based and client/server technologies to ignite business change, Sapient offers a variety of services to help clients rapidly achieve their critical business objectives. Services include implementation and integration of existing software solutions, ERP implementations, custom software development, systems integration, production support services, and business and operational consulting.  What: As companies jump to electronic commerce, they are quickly learning that while many traditional business paradigms apply, success in cyberspace requires new and in many cases, yet to be invented business practices. These realities will set up the questions that will form the basis of a special live videotaping of LeaderTalk! for the PBS Business Channel. Along with Bob Davis, CEO, Lycos; Peter Cohan, author, consultant and venture capitalist; and Bill Taylor, Executive Editor, FAST Company; Sapient Co-CEO's Greenberg and Moore will explore the critical questions surrounding how companies can gain and hold competitive advantage in cyberspace. Sapient's expertise in delivering mission-critical business strategy and Web-based solutions has helped companies in many different industries, from financial services to energy services, use the Internet to ignite business change.   LeaderTalk! is a leadership education program, hosted by Garrison Krause and produced for PBS The Business Channel, which lets distinguished business leaders and thinkers offer practical solutions and front-line wisdom addressing today's most provocative management topics.   CONTACT: If you would like additional information on Sapient, please call Tim Powers at FitzGerald Communications Inc. at 617-494-9500 or email at tpowers@fitzcomm.com  SOURCE Sapient Corporation -0- 6/1/98 /PRNewswire -- June 1/ /Company News On-Call: http://www.prnewswire.com or fax, 800-758-5804, ext. 111807/ /Web site: www.sapient.com/ (SAPE) CO: Sapient Corporation ST: Massachusetts IN: CPR SU: a0605200391008152p03361202pr1401w1617dc-frc-gary-bauer3008152-16113206155-16 600047otc usa corporate china pakistan india congress 601026new+york+times+co[(nytap)] 602484washington_june1 tiananmen_square national_press_club us us_china bauer america president_clinton cold_war today gold_war american appeasement protecting chinese icbms clinton_administration state_department china's_people's_liberation_army pla why world clinton johnny_chung democratic chung tiananmen_square a_gold_war president favored_nation mfn white+house chinese_army based frc china_i house family_research_council declaration independence source_family_research_council 620057AMERICAN VALUES MUST GUIDE OUR FOREIGN POLICY, BAUER SAYS WASHINGTON, June 1 /PRNewswire/ -- Just days away from the ninth anniversary of the bloody 1989 Tiananmen Square massacre, Family Research Council President Gary Bauer spoke Monday at the National Press Club on the principles that should guide US foreign policy -- particularly US -- China policy. Bauer's prepared remarks follow:   "In recent days, we've seen what happens when you have a foreign policy based only on commerce and not on America's values. A nation built on the principles of freedom and individual liberty should be a beacon of hope for oppressed people. When President Clinton delinked human rights from trade he forgot the lessons that made America a world leader in the 20th century. He forgot the lessons that won world wars and ended the Cold War. "Today, we seem engaged in a Gold War where short-term political and business interests outweigh American values and national security. Now is not the time for the resurrection of former British Prime Minister Neville Chamberlain's failed philosophy. Appeasement did not and does not create 'peace in our time.' Protecting the security of our nation, not the market share of a few select companies, should be the top priority of any administration. "And what has been the result of our policy of appeasement? The American people look down the barrel of Chinese intercontinental ballistic missiles (ICBMs) targeted on them and better able to reach them thanks to American technology -- technology the Clinton Administration gave to communist China against the advice of our own State Department. But it didn't stop there. "China's People's Liberation Army (PLA) not only used American technology to better arm itself, it sold nuclear and missile components to Pakistan -- actions that have led to a chain reaction of nuclear expansion with first India and then Pakistan falling into the trap of proliferation. Why did they do it? Both cited national security as they let the world know of their new powers. World security took a beating in favor of President Clinton's skewed priorities. "The PLA is also linked to Clinton's campaign finance scandal through Johnny Chung's statements about donations he made to the national Democratic party, some $100,000 of which was reportedly transmitted by the daughter of China's top military commander. We do not know if that money bought foreign policy. But if Chung is to be believed, we know that a purchase was attempted. "The PLA's dirty resume includes crushing religious expression, using business enterprises to build up cash for weapons and military expansion, murdering the pro-democracy demonstrators at Tiananmen Square and crushing the dissenting voices of the Chinese people, selling weapons and nuclear materials to countries hostile to the United States. The list goes on. "America's one-dimensional foreign policy must end. The United States cannot afford to compromise itself in relationships that are defined by finances alone. A Gold War helps a few select businesses, but leaves the peoples of the world vulnerable. "A policy guided by principle would call for President Clinton to refrain from being officially received in Tiananmen Square during his upcoming visit to China. I have made such an appeal to the President and have asked congressional leaders to take several important steps. "l) We should honor the lives of those whose blood was spilled in Tiananmen Square. If President Clinton is officially received in Tiananmen Square, it will insult democracy advocates around the world. "2) Congress should oppose renewal of Most Favored Nation (MFN) status for China, at least until they receive the documents needed to assess the national security impact of the technology transfers. "3) We should place an immediate freeze on any further transfer of military or dual-use technology to China. "4) We need a comprehensive congressional inquiry into our China policy to ensure that national security supersedes commercial considerations in government decisions. "5) We must stop bolstering the PLA through trade. To quote the May 26 editorial from The New York Times, 'If the White House wants public support for improved ties with China, it must rethink its dealings with the Chinese Army (the PLA).' "American values must include human rights as well as economic expansion. Based on preliminary reports from congressional offices, I predict an intensified debate and a closer vote when MFN comes up in July. FRC will work diligently to make sure that happens. "Several days after I sent a letter asking congressional leaders to thoroughly investigate and deal with technology transfers to China, I was among those who applauded the overwhelming House votes to prohibit transfer of US missile equipment or technology. We expect a resolution to be introduced in both houses of Congress this week calling on President Clinton not to be formally received in Tiananmen Square. After initially dismissing our appeal, which was joined by 35 pro-family leaders, human rights activists and Chinese dissidents, the White House is now signaling that they might alter their decision on the Tiananmen Square ceremony. "An important foreign policy debate is just beginning. In the months ahead, the Family Research Council will be working with a broad-based coalition to return human rights and national security considerations to their proper role in US policy. The ideals expressed in our Declaration of Independence are admired the world over. It is time that they once again form the foundation for America's leadership of the free world."  SOURCE Family Research Council -0- 06/01/98 /CONTACT: Kristin Hansen, or Marty Dannenfelser, or Scott Redd, radio, all for the Family Research Council, 202-393-2100; or For Soundbites: Call FRC's Newsline, 202-393-NEWS, after 12 p.m. ET/  CO: Family Research Council ST: District of Columbia IN: SU: a1008152b14961202bw1401f1603s&p3008152-16113206155-16 600039newsgrid business usa corporate banking 602263business_editors new+york business_wire standard&poor gannon_university_pa standard&poor gannon_university consistent healthy oversight offsetting management gannon erie_pa applications gannon conservative expendable bond loc-backed outlook positive creditwire 620046Erie Hghr Ed Bldg Auth, Pa Bnds Rtd BBB by S&P NEW YORK (June 1) BUSINESS WIRE -June 1, 1998-- Standard & Poor's today assigned its triple-'B' rating to Erie Higher Education Building Authority, Pa.'s university revenue refunding bonds series 1998E issued for Gannon University, Pa. In addition, Standard & Poor's affirmed its triple-'B' rating on the authority's outstanding bonds series 1998B and 1993 C & D issued for Gannon University. The outlook has been revised to positive from stable.  The rating reflects: -- Consistent annual operating surpluses;  -- Healthy liquidity ratios; -- A manageable debt burden; and  -- Oversight by a proactive management team that has taken wide-ranging steps to reshape the university. Offsetting factors include some softening in demand, evidenced by both declining freshmen applications and enrollment, that is just beginning to reverse. Management has implemented a number of strategies aimed at making the instituiton more efficient and competitive. These include significant restructurings of the administration, faculty, and curriculum. In addition, marketing and the admissions process have been refocused. As a result of these efforts, Gannon has been able to redeploy approximately 5% of its operating budget and is expecting improved freshmen matriculation numbers for fall 1998. If these efforts continue to produce positive admissions results, a higher rating could be warranted. Gannon is located in downtown Erie, Pa. and offers both an undergraduate and graduate liberal arts curriculum. The university currently enrolls about 3,200 students, down from nearly 4,000 just five years ago. While some of this decline represents true competition and loss of students, a portion is also tied to the closure of programs that were no longer felt to be representative. About 83% of students are enrolled as undergraduates. Applications from this sector have declined but matriculation figures for fall 1997 and 1998 show considerable improvement. In fall 1997, Gannon had a 33% matriculation rate, up from 28% the prior year. For fall 1998, this ratio is expected to increase by 1-to- 2 percentage points. About 83% of applicants are accepted. Gannon's financial operations have weathered the softening in demand. Conservative budgeting has allowed the university to continue to produce solid operating surpluses, the overall discount rate is a modest 24%, liquidity is healthy, and the pro forma debt burden is a manageable 5%. At fiscal year-end 1997, unrestricted resources equaled 63% of operating expenses and 134% outstanding debt. Expendable resource ratios were 67% and 143% respectively. With the new debt, expendable resources to pro forma debt drops slightly to 112%. Bond proceeds will refund the authority's outstanding series 1993C bonds, also issued for Gannon. The university also plans to issue $6.5 mil in LOC-backed variable rate bonds (series 1998F) to provide partial funding for two capital projects - a new campus center and renovation of the science center. The variable rate bonds will not be rated. Gannon intends to redeem these bonds from gift monies raised through its current capital campaign. OUTLOOK: POSITIVE The outlook is based on strategies adopted by management to improve the conversion of applicants and build enrollment. These efforts are already beginning to produce positive results and if continued could warrant an upgrade in the rating. -- CreditWire -0- mb/ms* Contact: Lisa Danzig, New York (1) 212-208-1824 Mary Peloquin-Dodd, New York (1) 212-208-1379  Copyright 1998, Standard & Poor's Rating Services KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING 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 a1008152b04081202bw1401f1621ca-manufacturers-asso3008152-16113206155-16 600042newsgrid business usa corporate government 602172business_editors sacramento_calif business_wire cma service_corp business_logistics brian_mcmahon cma's_service_corp cma_service_corp association burlingame_calif mcmahon 620063CMA To Offer Members an Employee Relocation Management Program SACRAMENTO, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--The California Manufacturers Association (CMA) Service Corp. has teamed with Business Logistics to offer CMA members and other companies a comprehensive employee relocation service. This program covers domestic and international employee relocations as well as corporate and divisional moves. "We think that our members and other companies nationwide will greatly benefit from Business Logistics' extensive knowledge of such details as relocation expense tax deductions and van line discounts," stated Brian McMahon, president of CMA's Service Corp. "To Business Logistics, these items are everyday business; however, to the corporation or employee who needs such a service only every few years, such expertise is an invaluable resource to tap." Business Logistics was selected as CMA Service Corp.'s relocation administrator to provide a consolidated, worldwide service to Association members. CMA members and others using the comprehensive service will profit from the centralized management of moving-related tasks, including household-goods transportation, comprehensive real estate services, home and rental-finding services, and van line discount up to 45 percent. Business Logistics, the Burlingame, Calif.-based company, offers relocation administration, as well as transportation and logistics planning to its clients in various industries. "As the single point of contact for relocation information and coordination of moving activity, pricing and status updates," says McMahon, "Business Logistics will prove invaluable to companies using its wide array of services." -0- ek/se CONTACT: CMA  Jeff Gorell or Sarah Schroeder, 916/498-3315 www.camfg.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: GOVERNMENT 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 a1008152r06931202fu1401f3008152-16113206153-16 600022newsgrid usa commodity 602164$1 fiber currency financial table new_york-june_1-fwn_n.y.cotton_exchange_estimated total_estimated_volumes volume cotton_45000 o.j. fytr_100 dx_600 n/a available 620048N.Y. COTTON EXCHANGE ESTIMATED VOLUMES FOR TODAY New York-June 1-FWN--N.Y. COTTON EXCHANGE ESTIMATED volumes. TOTAL ESTIMATED VOLUMES  -- -- -- Volume Cotton 45,000 O.J. 2,300 FYTR 100 DX 600 N/A = Not Available a0605200391008152b11941202bw1401f1619computer-associates3008152-16113206155-16 600079newsgrid nyase business otc usa corporate computers electronics internet canada 601212computer+associates+intl+inc[(ca)] merisel[(msel)] microsoft[(msft)] compaq[(cpq)] vanstar+corp[(vst)] ingram+micro+inc[(im)] litton[(lit)] effective+management+systems+inc[(emsi)] software+spectrum+inc[(sspe)] 602989business/technology_editors business_wire overall_contributions_to_the_channel california resellers year ca's_varsity_club rich_chiarello_ca integrated_concepts_inc ici dallas-based unicenter_tng_reseller internet/intranet unicenter_tng ca's_opal jasmine north_american distributor winners valuable_partner vanstar ingram_micro_ca valuable_partners ca's_open_licensing_program winning implementation litton_enterprise_solutions_inc computer_associates boston-based_star_market_company during unicenter_tng_asset_management_options software_delivery_options contech vertical_reseller ems nt-based ca's_remotely_possible corporate_reseller computer_discount_warehouse cdw mail_order_reseller featuring sales_programs mail_order_reselling open_licensing tiburon_technologies opal_reseller tiburon fortune_1000 special year_2000 ca-cas_opal marinbridge_corporation_ltd canadian_partner ottawa toronto marinbridge openingres opal general ca's_business_partner_programs varsity_club 620055Computer Associates Honors its "Resellers of the Year"  ISLANDIA, N.Y. (June 1) BUSINESS WIRE -June 1, 1998-- Highest Achieving Business Partners Awarded For Extraordinary Sales Performance, Outstanding Implementations Of CA Solutions, Overall Contributions To The Channel Computer Associates International, Inc. (CA) has announced its highest-achieving business partners for 1998. From a field of over 2, 000 companies, CA honored 11 companies in several performance categories as "Resellers of the Year " for 1998. "This year's winners represent an extraordinary cross-section of the many dedicated and talented companies that comprise CA's VARsity Club," said Rich Chiarello, CA executive vice president for worldwide sales. "The Resellers of the Year have risen to the top of what is already a prestigious and elite group." Integrated Concepts, Inc. (ICI), a fast-growing Dallas-based computer and software integrator that has built its business plan around the marketing and technical proficiency of CA's products, was named "Unicenter TNG Reseller of the Year" for the second year in a row. ICI, which specializes in enterprise management, business strategy and design, and Internet/intranet technologies, was acknowledged for its outstanding accomplishments in delivering in delivering CA enterprise management solutions for a wide range of businesses. In addition to becoming experts at Unicenter TNG and enterprise management solutions, ICI is also focusing on information management solutions with CA's Opal and Jasmine products. Merisel, a major North American distributor of computer hardware and software products, was recognized as the "Distributor of the Year." Merisel was instrumental in helping CA achieve record product market share in the last year and has been extremely proactive in leveraging CA's partnerships with strategic vendors such as Microsoft and Compaq to produce incremental revenue and increased breadth of resellers. Winners of this year's "Most Valuable Partner" were Vanstar Corporation and Ingram Micro. Vanstar demonstrated its ability to rapidly put in place a professional infrastructure of people and resources to support Unicenter TNG field sales activity. The company formed a national consulting staff of over 25 senior business consultants, trained and deployed for billing over 120 of their field systems engineers on Unicenter TNG, including advanced options. Vanstar named business development executives for each division focusing exclusively on Unicenter TNG sales, and built 95 opportunities. Ingram Micro, CA's largest distributor was also recognized as one of 1998's "Most Valuable Partners." On the strength of their licensing expertise, focus, and support to CA's Open Licensing Program, the company exceeded all revenue expectations. Ingram Micro has provided CA with internal focus, visibility, and access to strategic marketing programs, which has led to increased growth on the CA product line. Winning the "Implementation of the Year" award was Litton Enterprise Solutions, Inc., a company with over three years experience in the installation and implementation of Unicenter TNG and its options. In August 1997, Computer Associates subcontracted Litton to implement Unicenter TNG at Boston-based Star Market Company. Litton successfully implemented CA's end-to-end management solution in two months. During the installation process, the company also identified and built a business case for Unicenter TNG, Asset Management Options and Software Delivery Options. Litton exceeded expectations and timetables for implementation while also generating additional new product and services revenue. Contech, a "Vertical Reseller of the Year," was cited for its focus on reselling Unicenter TNG and CA data transport products to the retail market. The company has enjoyed great success marketing, reselling and supporting CA products -- more than doubling revenue based on CA software. Effective Management Systems (EMS) was also honored as a "Vertical Reseller of the Year." EMS is a developer of NT-based software that helps manufacturers automate their operations. The company uses CA's Remotely Possible to remotely support and train every one of their customers, allowing them to be both responsive and proactive to customer service demands. Software Spectrum, the "Corporate Reseller of the Year," was recognized for it's strong partnership with CA. The company's focus on CA's product line has led them to the number one Corporate Reseller position. Software Spectrum has more than doubled their sales of CA products in each of the last two years, and also leads CA's Open Licensing Program in revenue booked. Computer Discount Warehouse (CDW) was named "Mail Order Reseller of the Year." Featuring innovative Sales Programs, unique marketing programs, and outstanding sales reps, CDW has redefined the Mail Order Reselling business. CDW's focus on CA's product line has resulted in the company claiming the number one position among mail order resellers. CDW is also a leader in Open Licensing. Tiburon Technologies, a national consulting firm that provides services in over 30 states, was named "Opal Reseller of the Year." Tiburon provides solutions for mainframe, midrange and desktop environments for Fortune 1000 companies. Special emphasis has been in the implementation of financial and manufacturing applications, deployment of legacy data to company intranet and Internet, multi-platform systems management and Year 2000 solutions. The company is certified in CA-CAS, Opal and Unicenter TNG and has been supplying software services and support for over 15 years. Marinbridge Corporation LTD. was named "Canadian Partner of the Year." With offices in Ottawa and Toronto, the company works with some of the largest public and private corporations in Canada and around the world, and has invested heavily in becoming Unicenter TNG experts. Marinbridge has also continued to build OpenIngres sales in Canada, and will add Opal and Jasmine to their solutions portfolio. General information on CA's Business Partner Programs is available by calling 1-800-Team-VAR (1-800-832-6827) in the U.S. and Canada or by accessing CA's home page at http://www.cai.com/bpp/varsity.htm. Resellers, consultants and independent software developers interested in becoming authorized VARsity Club members may also call 1-800-832-6827. Computer Associates International, Inc. (NYSE: CA), with headquarters in Islandia, N.Y., is the world leader in mission-critical business software. The company develops, licenses and supports more than 500 integrated products that include enterprise computing and information management, application development, manufacturing and financial applications. CA has over 11,000 people in 160 offices in 43 countries and had revenue of $4.7 billion in calendar year 1998. CA can be reached by visiting http://www.cai.com on the World Wide Web, emailing info@cai.com, or calling 1-516-342-5224. All referenced product names are trademarks of their respective companies. -0- rg/ny* CONTACT: Herman Chin, (516) 342-2364 or hermanc@cai.com KEYWORD: NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED 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 a0605200391008152p03371202pr1401f1618ca-global-crossing3008152-16113206155-16 600106newsgrid nyase business usa corporate telecommunications asia south+america pennsylvania science virginia 601025motorola[(mot)] at&t[(t)] 602420hamilton_bermuda_june1 global_crossing jack_finlayson finlayson_43 p&l prior finlayson pan+am pan+american usa_canada_mexico_central jack scanlon business_network_sales bell lasalle_university bachelor marketing_finlayson masters business_administration information_management joseph's_university additionally university darden executive_program founded global_crossing atlantic_crossing ac-1 source_global_crossing 620058GLOBAL CROSSING NAMES JACK FINLAYSON SENIOR VICE PRESIDENT HAMILTON, Bermuda, June 1 /PRNewswire/ -- Global Crossing, the world's leading independent provider of undersea fiber-optic telecommunications systems, today announced that Jack Finlayson has been named senior vice president, effective June 8, according to Global Crossing Chief Executive Officer Jack Scanlon. Finlayson, 43, currently is corporate vice president and general manager of Motorola's Asia Pacific Cellular Infrastructure group, responsible for managing the wireless infrastructure business. He is in charge of operations, marketing, sales, engineering and P & L management associated with wireless networks within Asia. Prior to this assignment, Finlayson was corporate vice president and general manager of Motorola's Americas Cellular Infrastructure Group, responsible for the Pan American infrastructure business in the United States, Canada, Mexico, Central and South America "We are extremely pleased to have Jack as a member of the Global Crossing senior management team," said Scanlon. His extensive and multi-faceted expertise in telecom management, operations, marketing, sales and engineering will be invaluable to our company as we move forward in developing a worldwide undersea fiber-optic cable network." Finlayson joined Motorola in 1994 from AT&T, where he was sales vice president of Business Network Sales for the southeastern United States. With more than 17 years experience in the telecommunications field, Finlayson began his career in communications as an account executive with Bell of Pennsylvania in 1981. A graduate of LaSalle University with a Bachelor of Science in Marketing, Finlayson also has earned a Masters of Business Administration and a secondary Masters degree in Information Management from St. Joseph's University. Additionally, he has completed the University of Virginia's (Darden) Executive Program. Founded in 1997, Global Crossing is developing a global wide-band fiber- optic network. One major undersea cable system, Atlantic Crossing (AC-1), activated initial service on May 26, 1998; and three other systems are under development.  SOURCE Global Crossing -0- 06/01/98 /CONTACT: Anne DeWolfe, Vice President, Public Relations of Global Crossing, 310-385-5231/ /Company News On-Call: http://www.prnewswire.com or fax, 800-758-5804, ext. 566035/  CO: Global Crossing ST: IN: TLS SU: PER a0605200391008152p03381202pr1401e1616ca-hip-o-records3008152-16113206155-16 600051newsgrid business usa corporate entertainment music 602609debut_indie_album release_date universal_city_calif june1 hip-o_records mavericks featuring raul_malo robert_reynolds paul_deakin ben_peeler hipc/d-40113 end_of_the_line jones broken_heart miami though hip-o mca_records hell_to_paradise whata_crying_shame occasions trampoline top_vocal_group top_new_vocal_group academy country_music grammy comes_the_rain miami's_tropical_recording_studio written mato you'll_never_know tomorrow_never_comes lonely_waltz watch_over a_better_way lonely_life paul's_song keep_moving_on strength say_goodbye universal_music_group universal_concerts source_hip-o_records 620058HIP-0 RECORDS SET TO REISSUE THE MAVERICKS' GROUNDBREAKING  1990 Debut Indie Album Release Date: June 30, 1998 UNIVERSAL CITY, Calif., June 1 /PRNewswire/ -- Hip-O Records is set to reissue the 1990 eponymous debut indie album from the Mavericks, taking a look back at the origins of one of the decade's most innovative and popular country/rock bands. Featuring the core of the band's line-up -- singer/guitarist/bassist/pianist Raul Malo, singer/bassist Robert Reynolds, and drummer Paul Deakin, along with guitarist Ben Peeler - the album offers a fascinating glimpse into the Mavericks' burgeoning style. "The Mavericks" (HIPC/D-40113) includes the first recorded versions of three of the band's hits, "End Of The Line," "Mr. Jones," and "This Broken Heart," and is due to arrive in stores June 30, The Mavericks got their start working the Miami club scene in the late 80's. Though oriented toward country music, the band wove into their music a striking rock 'n' roll foundation, heard best in their own original material. In the fall of 1990, the Mavericks released the indie album now being reissued by Hip-O, and enjoyed sudden and stunning radio success across the southeast. One year later the band had signed with MCA Records, and since has recorded a string of well received albums, including "From Hell To Paradise" (1992), the platinum-certified "What A Crying Shame" (1994), the gold-certified "Music for All Occasions" (1995), and the recently released "Trampoline." In 1994, the Mavericks were named Top Vocal Group and Top New Vocal Group by the Academy of Country Music, and in 1996, they won the Grammy for their hit single "Here Comes The Rain." "The Mavericks" was recorded at Miami's Tropical Recording Studio in October of 1990, produced by Raul Malo and the band. Written entirely by Mato, the album's thirteen songs include "You'll Never Know," "End Of The Line," "This Broken Heart," "Mr. Jones," "Tomorrow Never Comes," "The Lonely Waltz," "Watch Over me," "A Better Way," "Another Lonely Life (Paul's Song)," "Keep Moving On," and "Strength to Say Goodbye." The Universal Music Group encompasses Hip-O Records, MCA Records, MCA Records Nashville, GRP Recording Company, Geffen Records, Universal Records, Interscope Records, Universal Music & Video Distribution, Universal Music International, MCA Music Publishing and Universal Concerts.  SOURCE Hip-O Records -0- 06/01/98 /CONTACT: Jennifer Ballantyne, 818-777-4838, or Caroline Prutzman, 212-841-8050, both of MCA Records/  CO: Hip-O Records ST: California IN: ENT SU: PDT a0605200391008152p03391202pr1401f1619constellar-vent-mkt3008152-16123206155-16 600039otc usa corporate computers electronics 601030forrester+research+inc[(forr)] 602432red_herring's_venture_market_europe london_june1 constellar_corporation london brian_donnelly_chairman ceo constellar june1 highlights constellar_history&financial_success networking' global_2000 key us_trust_jk&b_rre_investors boston_millennia fy97 abn_amro inter-application_spaghetti billion_problem growing international_data_corporation constellar_hub redwood_shores_calif uk reading_england source_constellar_corporation 620052CONSTELLAR TO PRESENT ON 'APPLICATION NETWORKING' AT  Red Herring's Venture Market Europe LONDON, June 1 /PRNewswire/ -- Constellar Corporation has been selected to speak at the Red Herring's Venture Market Europe conference June 1-2, 1998 in London. Brian Donnelly, Chairman and CEO, of Constellar, will be presenting the company's business plan on Monday, June 1 at 2:15 p.m. Highlights of the presentation include:   Constellar History & Financial Success  Constellar Corporation is a leading provider of enterprise software products and professional services used by large organisations worldwide to manage data transformation and movement across enterprise applications. The company's objective is to enable new classes of vendor-independent business solutions through 'Application Networking' -- the hub-and-spokes interconnection of enterprise applications. Constellar's patented technology was developed from 10+ years experience with Global 2000 organisations. Key business successes include: a recent strategic round of financing raised $25 million from investors including US Trust, JK&B, RRE Investors, and Boston Millennia, resulting in a market valuation that has nearly tripled to more than $100 million; the revenue base grew by 154% in FY97; and significant new customer deals have been added, including London Stock Exchange, Halifax Treasury, British Airways, US West, Harvard University, and ABN Amro.   Inter-Application Spaghetti: A $225 Billion Problem, and Growing  International Data Corporation estimates that worldwide IT spending in 1997 was $751 billion, and Forrester Research estimates that 30% of that total, or $225 billion, was spent on the design, development, and maintenance of integration solutions for enterprise applications. Constellar's flagship product, Constellar Hub is a packaged application integration solution that eliminates the need for manual application interface programs, enabling companies to rapidly deploy enhanced enterprise applications and reduce the total cost of ownership and maintenance of their IT infrastructures. Constellar Hub offers a centralized, manageable, high-performance, scalable solution for data transformation, data movement, and interface management across enterprise applications.   Constellar Corporation is based in Redwood Shores, Calif. and has UK operations in London and Reading, England.  SOURCE Constellar Corporation -0- 06/01/98 /CONTACT: Constellar, +44-171-887-0700/ /Web site: http://www.constellar.com/  CO: Constellar Corporation ST: California, England IN: CPR SU: a0605200391008152p03401202pr1401f1620ny-the-dma-web-sites3008152-16123206155-16 600093newsgrid nyase business usa corporate advertising banking financial+services retail internet 601013mattel[(mat)] 602688web_sites_post_privacy_statements new+york_june1 seventy kids_hot_100_web direct_marketing_association dma the_dma kids_hot_100_biz_hot_100 shopping_hot_100 web_21 wientzen businesses federal_trade_commission ftc web specifically_the_dma kids_hot_100 biz_hot_100 hot_100 privacy_policy_generator tos larger smaller founded included dma_web_site privacy_policy_scan conducted privacy_at_data_in_tos customer_other disclaimer kids_24 shopping_14 business_30 privacy_statements_these privacy data_collectiona generally terms service legal_disclaimer_statements faq customer_service kids_two notes1 united states barbie hotwheels sites biz shopping source_direct_marketing_association 620048THE DMA: MOST TOP CHILDREN'S, BUSINESS, SHOPPING  Web Sites Post Privacy Statements NEW YORK, June 1 /PRNewswire/ -- Seventy percent of the Kids Hot 100 Web sites have posted a statement regarding their information practices online, an increase of 84 percent since January, according to the Direct Marketing Association (The DMA). Since January 1998, The DMA has scanned the Kids Hot 100, Biz Hot 100 and the Shopping Hot 100 sites published by Web 21 and directly contacted sites not having a privacy policy. The May scan shows that a majority of the sites post policies, a marked increase since January 1998. While encouraged by this significant progress, DMA President & Chief Executive Officer H. Robert Wientzen is personally contacting business leaders of these top 100 sites who have not as yet posted a privacy policy. "There has been an aggressive effort underway by The DMA to educate businesses about the need to post their privacy policies online, and the privacy policy landscape is changing almost overnight," Wientzen said. "Businesses online are responding to the administration's call for action on privacy, and we urge policymakers when they receive the Federal Trade Commission (FTC) report to look at where industry is today, not where it was three months ago when the FTC did its Web scan." Specifically, The DMA's scan found the following percentages of targeted sites posting privacy policies:   -- 70 percent of Kids Hot 100 in May 1998 versus 38 percent in  January 1998  -- 64 percent of Biz Hot 100 in May 1998 versus 47 percent in January 1998  -- 51 percent of Shopping Hot 100 in May 1998 versus 36 percent in  January 1998   In its scan, The DMA individually searched each site on the Kids Hot 100, Biz Hot 100 and Shopping Hot 100 looking for notice about information practices. The actual sites in the Hot 100 in each category changed over the course of the scan, and The DMA scanned new sites as they were added to the list. As part of its education effort, The DMA has provided business with a tool, the Privacy Policy Generator, (www.the-dma.org/policy.html) that enables companies to create a customized privacy policy based on the user's answer to nine questions about the collection, use and sharing of personal information. More than 700 companies have used the Privacy Policy Generator and have sent policies to The DMA for review. "Businesses need continued education and guidance to create and implement privacy policies," said Wientzen. "Once it was brought to their attention, most started working on a policy right away because they recognized that it made good business sense. The key is to get to the right person at each company, and that's a challenge. "The DMA will continue to get out the word about posting privacy policies, and while I am very encouraged by the response to date, we still have a way to go. I urge other business leaders to join our effort to educate colleagues, clients, vendors -- indeed all businesses -- to do the right thing and post privacy policies now." The statements on information practices range from detailed descriptions of how information is handled by the site operator, to questions posed on an order form, to statements as brief as one sentence. Many of the sites had a separate page dedicated to notifying consumers about how the site uses information, while others placed the disclosure in the body of the terms of service (TOS), in ordering information, or in the company information section. Larger companies tend to have more comprehensive privacy policy statements. Smaller companies tend to place their statements on the forms and pages where information is collected. The Direct Marketing Association (The DMA) is the largest trade association for businesses interested in interactive and database marketing, with more than 3,600 member companies from the United States and 49 other nations. Founded in 1917, its members include direct marketers from every business segment as well as the non-profit and electronic marketing sectors. Included are catalogers, financial services, book and magazine publishers, book and music clubs, retail stores, industrial manufacturers and a host of other vertical segments including the service industries that support them. In 1997, direct marketing in the United States generated more than $1.2 trillion in sales in both consumer and business-to-business markets. The DMA Web Site is www.the-dma.org   Privacy Policy Scan  Kids Hot 100, Biz Hot 100 and Shopping Hot 100*  Conducted by the Direct Marketing Association  May 1998   Where Policies/Privacy Statements Are Posted    Privacy At Data In TOS or Customer Other % With  Statements Collection Legal Service/FAQ Policies  Disclaimer   Kids 24 (53%) 4 (9%) 9 (20%) 4 (9%) 4 (9%) 70%  Shopping 14 (28%) 9 (18%) 4 (8%) 20 (40%) -- 51%  Business 30 (40%) 8 (10%) 37 (50%) -- -- 64%   Privacy Statements -- These pages are dedicated solely to providing consumers with information about the site's data practices and have the term "Privacy" in the page title. Some are linked from the home page with a privacy icon.   At Data Collection -- A short disclosure accompanies a form for the collection of information. Generally, these disclosures noted that the information submitted to the site remains confidential. Still others offered an opt-out for sharing the information with others. These statements do not specifically outline what the site does with information.   In Terms of Service or Legal Disclaimer -- Statements here generally tell the user that any submissions of ideas or data become the property of the site and that they will use the information in any way they see fit. Some do note that personally identifiable information will not be disclosed.   Frequently Asked Questions/Customer Service -- Many sites had "FAQ's" and Customer Service areas where consumers could go to have questions answered regarding company policy. These FAQ's covered topics from a company's return policy to their information practices.   Other  Kids -- Two companies notify parents their policies in a special section -- one tells kids in an Internet safety section, and one in the sites' general information. All four of these sites do not disclose data to third parties. NOTES 1) *The Hot 100 is a listing of the most frequently visited sites in the various categories. Not all of the Hot 100 lists had a full 100 sites, and we eliminated from our search sites located outside of the United  States and those whose sites were under construction or not functioning.  2) Over the course of the search, the Hot 100 lists changed slightly. We added the new sites to our search database as we progressed.  3) The Mattel company has the same privacy policy statement for the Barbie site and the HotWheels site, and they were counted separately.  4) Sites that are on multiple lists (both Biz and Shopping, for example) are counted on each list.  SOURCE Direct Marketing Association -0- 06/01/98 /NOTE TO EDITORS: A graphical presentation is available by request from the contacts below./ /CONTACT: Connie LaMotta Heatley of the Direct Marketing Association, June 1 - June 4, 617-954-3838, or after June 4, 212-790-1520, or cheatley@the-dma.org/ /Web site: http://www.the-dma.org/  CO: Direct Marketing Association ST: New York IN: ADV FIN REA SU: a0605200391008152p03411202pr1401v1621dc-high-tch-transport3008152-16123206155-16 600031newsgrid business usa corporate 620068SMART TREK SUMMIT TO DEMONSTRATE HOW ADVANCED TECHNOLOGY CAN IMPROVE  Highway Safety Intelligent Transportation Systems (ITS) are here and they work. That's the message a 25-member public/private partnership will deliver in a public showcase of new technology in Seattle on Friday, June 12. The day-long event -- called the Smart Trek Summit -- is the first of four demonstrations of how advanced technology can improve highway safety, increase transit use and better manage congestion. Seattle was selected, along with San Antonio, Phoenix and New York City, under a federally sponsored, $38.7 million initiative that will provide models for the rest of the country. The three other cities will demonstrate their high-tech wares this coming summer and fall. Smart Trek encompasses 29 ITS projects and includes real-time traffic information via the Internet, computer-aided dispatch systems for transit and emergency vehicles, highway advisory radio and much more. The technology, displayed for hands-on inspection or demonstration at the Summit, is being integrated with regional transportation plans in the Puget Sound area. Speakers at the Summit include Federal Highway Administrator Kenneth Wykle; Secretary Sid Morrison, Washington Department of Transportation; John Collins, president and CEO of ITS America and other state and community officials. There are three points of contact, identified below, for media who may wish for more information or who want to cover the Smart Trek Summit.   Date/Time: Friday, June 12 -- 8:30 a.m.- 4:30 p.m.   Place: Museum of Flight, Boeing Field, 9404 East Marginal Way  South, Seattle   Local Sponsors: Smart Trek (Washington Department of Transportation) and  ITS Washington.   CONTACT: Michael Richards, ext. 202 or michael@prr-seattle.com, or Gregg Hirakawa, ext. 228 or gregg@prr-seattle.com, both of Pacific Rim Resources, 206-623-0232; or Don Knight of ITS America, 202-484-4666 or dknight@itsa.org.  SOURCE ITS America -0- 06/01/98 /PRNewswire -- June 1/  CO: ITS America ST: District of Columbia, Washington IN: MLM TRN SU: a1008152p07901202pr1401f1617ca-kennedy-wilson3008152-16123206155-16 600064otc usa corporate banking financial+services nasdaq pennsylvania 601008[(kwic)] 602652los+angeles_june1 chief_executive_officer kennedy-wilson_international kwic greater_los_angeles_area's_entrepreneur year eoy mcmorrow kennedy-wilson mr kwi prior kwi_mr executive_vice_president chairman credit_policy_committee imperial_bank during additionally_mr senior_vice_president fidelity_bank ernst_&young_llp national usa_today nasdaq_stock_market kauffman_center entrepreneurial_leadership entrepreneur year_institute riordan&mckinzie greater_los_angeles_area business_wire kcrw_kfwb_kgil kcet-tv los+angeles_business_journal winners beverly_hilton_hotel founded kennedy-wilson_international jakarta source_kennedy-wilson_international 620081KENNEDY-WILSON'S WILLIAM MCMORROW NOMINATED FOR ENTREPRENEUR OF THE YEAR AWARD  LOS ANGELES, June 1 /PRNewswire/ -- William J. McMorrow, Chairman and Chief Executive Officer of Kennedy-Wilson International (Nasdaq: KWIC), a real estate investment and marketing firm, has been nominated for the Greater Los Angeles Area's Entrepreneur of the Year (EOY) award. Mr. McMorrow is one of 28 finalists to have been selected from over 100 nominations. "I am truly honored to have been selected as one of the finalists for this prestigious award," says Mr. McMorrow. Under Mr. McMorrow's leadership, Kennedy-Wilson has become a prominent international real estate marketing commercial brokerage, asset management, note sales, financial services and real estate investment firm. Since his appointment in 1988, Mr. McMorrow has led the firm's expansion in real estate auction marketing and investment services. To date, KWI has sold over $7 billion in all types of properties and currently maintains a portfolio of $300 million of real estate holdings as principals. Prior to joining KWI, Mr. McMorrow had more than 17 years of finance experience specializing in the area of problem real estate for financial institutions and insurance companies. For five years, he was Executive Vice President and Chairman of the Credit Policy Committee at Imperial Bank. During his tenure with the bank he was responsible for restructuring the bank's real estate assets, as well as marketing and the disposition of more than $350 million of its properties. Additionally, Mr. McMorrow has held senior positions with a variety of financial services firms including eight years as Senior Vice President at Fidelity Bank in Pennsylvania. The EOY program was founded in 1986 by professional services firm Ernst & Young LLP to identify the nation's best entrepreneurs. National co-sponsors include USA Today, the Nasdaq Stock Market, the Kauffman Center for Entrepreneurial Leadership and the Entrepreneur of the Year Institute. The awards are sponsored locally by The Citibank Private Bank J&H Marsh & McLennan, Inc., Southern California Edison, Merrill Lynch, and Riordan & McKinzie. Greater Los Angeles Area media sponsors include: Business Wire; radio stations KCRW, KFWB, KGIL; KCET-TV; and The Los Angeles Business Journal. Winners will be announced at an awards banquet to be held at The Beverly Hilton Hotel on Thursday, June 25th. Founded in 1977, Kennedy-Wilson International is a fully integrated real estate company engaged in third party real estate marketing and investing as principals worldwide through its offices in Los Angeles, New York, San Francisco, Tokyo, Hong Kong and Jakarta.  SOURCE Kennedy-Wilson International -0- 06/01/98 /CONTACT: Public Relations - Dawn Rowan of Rubenstein Associates, 212-843-8088/ (KWIC)  CO: Kennedy-Wilson International ST: California IN: FIN RLT SU: PER a1008152r06941202fu1401f3008152-16123206153-16 600040newsgrid usa commodity usda india market 602306fiber table washington-june_1-fwn_india_is_showinga_decline_in u.s. new_delhi_india largely arrivals north_india punjab/haryana/rajasthan gujarat_3.30 maharashtra_1.72 madhya_pradesh_1.86 andhra pradesh_2.01 karnataka_0.57 tamil_nadu_0.29 maharashtra madhya_pradesh pradesh gujarat tamil_nadu karnataka 620048ATTACHE: INDIA SHOWING DECLINE IN COTTON IMPORTS Washington-June 1-FWN--INDIA IS SHOWING A DECLINE IN cotton imports, according to a report released today by the U.S. ag attache in New Delhi, India.  With the onset of the lean period, market arrivals of cotton have slowed down. However, prices remained weak during May for some varieties. Largely due to the continuing depreciation of the India rupee against the dollar, interest in cotton imports has diminished.  All India market arrivals of cotton through mid-May 1998 totaled 12.5 million bales compared to 15.9 million bales during the corresponding period of last year. Arrivals by state (in million bales) with the previous year's figure in parentheses are: North India (Punjab/Haryana/Rajasthan) 2.65 (4.21); Gujarat 3.30 (3.13); Maharashtra 1.72 (3.20); Madhya Pradesh 1.86 (1.52); Andhra Pradesh 2.01 (2.62); Karnataka 0.57 (0.74); Tamil Nadu 0.29 (0.34); Other 0.1 (0.1). Market arrivals by state suggest a marginally lower production in the northern states than earlier estimated, which would be largely offset by a likely higher production in Maharashtra, where arrivals indicate a higher-than-initially-estimated crop. The attache continues to estimate the 1997/98 production at 14.5 million bales, which includes 600,000 bales of loose cotton.  Market arrivals of cotton are tapering off and are expected to be over by end-May in the northern states and Madhya Pradesh. The states of Maharashtra and Andhra Pradesh, however, experienced a surge in arrivals from the third week of April, which continued till the second week of May and has since tapered off.  Although arrivals in Gujarat and other southern states (Tamil Nadu and Karnataka) have slowed down during May, arrivals in smaller quantities are expected to continue till third week of June. Arrivals of summer harvested cotton from Tamil Nadu are expected to start from the third week of June. More to follow... a0605200391008152p03421202pr1401f1617md-disclosure-aol3008152-16123206155-16 600069newsgrid nyase business usa corporate banking financial+services nyse 601083primark+corp[(pmk)] america+online+inc[(aol)] america+online[(aol)] primark[(pmk)] 602135disclosure primary_edgar_provider aol's_popular personal_finance_channel bethesda_md june1 disclosure_incorporated pmk pcx wall+street 620066DISCLOSURE CHOSEN BY AMERICA ONLINE AS EXPANDED INFORMATION SOURCE  Disclosure to be Primary EDGAR Provider in AOL's Popular  Personal Finance Channel BETHESDA, Md., June 1 /PRNewswire/ -- Disclosure Incorporated, a unit of Primark Corporation (NYSE: PMK; PCX) and a leading source of financial intelligence for Wall Street, announced today that it has been selected by America Online, Inc. (NYSE: AOL) to offer financial information in AOL's Personal Finance Channel, one of the most popular financial destinations in cyberspace. Disclosure will be the primary provider of SEC documents including EDGAR filings, which comprise less than 40% of all SEC form types. Other SEC documents include: insider trading filings, international company filings, broker/dealer forms, and many annual reports. These filings will be available on AOL within the recently expanded Investment Research area (Keyword: Investment Research) of the Personal Finance Channel. EDGAR filings are regulatory filings made electronically with the Securities and Exchange Commission by publicly-traded U.S. companies through the Commission's Electronic Data Gathering and Retrieval system. For three decades, Disclosure has been a recognized leader in collecting and disseminating public company filings, which are used extensively by institutional and individual investors for investment research. Since 1995, Disclosure has been supplying AOL members a subset of its EDGAR database, primarily 10-Ks and 10-Qs, on a 30-day delayed basis. With this expanded relationship, AOL members are now able to access Disclosure's full EDGAR repository 24-hours after the filings are submitted to the SEC. In addition, AOL members will also have the ability to receive financial information on U.S. and international companies in newly redesigned formats provided through Disclosure and its Worldscope database. Disclosure's financial information is also available through Keyword: EDGAR. "Our expanded relationship with America Online will extend our distribution to AOL's community and gives Disclosure a significant presence among millions of people who would not otherwise have access to our financial information," said Steven L. Schneider, Disclosure's president and chief executive officer. "This is a great opportunity for Disclosure and a great value for AOL members." "Not only are we committed to providing our members with the best and most reliable financial information in the Personal Finance Channel, but also access to information that is difficult for individual investors to obtain in the offline world," said Rob Shenk, Director of Programming for AOL's Personal Finance Channel. "Disclosure's company information repository is the largest and among the most respected in the industry, and having this information on a more timely basis, without going through a broker, will undoubtedly be a real asset to our members." Disclosure (www.disclosure.com) has been compiling and distributing company information since 1968 and has built one of the most comprehensive proprietary repositories of public company financial and business information in the world. Disclosure is a subsidiary of Primark Corporation (www.primark.com), headquartered in Waltham, Massachusetts, a $400 million global information services company that collects, integrates and delivers financial, economic and market research information. Primark, with customers in 61 countries and 80 offices in 21 countries, serves financial, corporate, and government decision-makers worldwide.  SOURCE Disclosure Incorporated -0- 06/01/98 /CONTACT: Jim Casey of Disclosure Incorporated, 301-951-1471/ /Web site: http://www.disclosure.com/ /Web site: http://www.primark.com/ (PMK AOL)  CO: Disclosure Incorporated; America Online, Inc.; Primark Corporation ST: Maryland IN: FIN MLM SU: CON a0605200391008152p03441202pr1401v1620dc-helicopter-heroes3008152-16123206155-16 600031newsgrid business usa corporate 620069ROTOR & WING HOSTS LUNCHEON IN HONOR OF ITS ANNUAL HELICOPTER HEROISM  Award Recipients TIME: 12 noon DATE: Wednesday, June 3, 1998   PLACE: The National Press Club, Washington, D.C.   SUBJECT: Rotor & Wing magazine has chosen the Queensland Helicopter Rescue crew, Townsville Base, Queensland, Australia as the 1998 winners of its annual Helicopter Heroism Award. The winning crew members -- Aircraft Captain Peter Hope, Aircrew Officer Ian Callaghan and External Rescue Crewman Angus McDonell -- were chosen for their daring March 9, 1997 rescue of two Vancouver sailors, Robin and Margaret Ansell, from their sinking ketch, SV Orca, during Tropical Cyclone Justin. An independent judging panel composed of Russell E. Lee, curator, Smithsonian Institution, Aeronautics Dept.; Peter Wright, chair, Keystone Helicopter Corp. and president, American Helicopter Museum and Education Center; and Cindy Wilson, chief pilot, Rotor Wing, Philip Morris Corp. selected the winners. Rotor & Wing is published by Phillips Business Information, Inc. (PBI). PBI (www.phillips.com/pbi), of Potomac, Md., provides a broad range of business information resources for executives in specialized industries. The company is a subsidiary of Phillips Publishing International, Inc. (www.phillips.com), a diversified publisher of more than 100 newsletters, magazines, CD-ROMs and directories.   WHO: P.D. Shabay, executive vice president, Bell Helicopter Corp., manufacturer of the Bell 412 used in the rescue, will present the award.   John Persinos, editor of Rotor & Wing, will serve as host of the luncheon.   TO COVER: Call the contacts below.   CONTACT: Anne Coffey, 301-340-7788, ext. 4190 or Laura Aram, ext. 6110, both of Phillips Publishing.  SOURCE Phillips Business Information, Inc. -0- 06/01/98 /PRNewswire -- June 1/ /Web site: http://www.phillips.com/pbi/ /Web site: http://www.phillips.com/  CO: Phillips Business Information, Inc. ST: District of Columbia IN: AIR SU: a0605200391008152b01571202bw1401f1614lilly-software3008152-16123206155-16 600059newsgrid nyase business usa corporate computers electronics 601057lilly[(lly)] general+motors+corp[(gm)] westinghouse[(wx)] 602737business/technology_editors note_to_media photo smart_news_release tm business_wire's_home_page business_wire private_label_agreement iqs_broadens_lilly's_scope lilly_software_associates erp visual_manufacturing visual_quality integrated_quality_systems iqs business_development visual_quality_lilly_software john_cachat_president founder iqs_business_system iso_9000 qs-9000 according davis_lilly_software iqs iqs' akzo_nobel eaton lilly_software cachat working apis helping iqs'_business_system time iso/qs-9000 karleen_radke_iqs_inc lilly_software_associates_inc visual manufacturing_systems top_50_software_companies top_75_software_companies windows_nt_novell as/400 sqlbase_microsoft_sqlserver_oracle db2-400 worldwide_web 620070Lilly Software Makes Aggressive Entry into ERP Quality Software Market  HAMPTON, N.H. (June 1) BUSINESS WIRE -June 1, 1998-- Private Label Agreement with IQS Broadens Lilly's Scope Lilly Software Associates, best known for the ERP package VISUAL Manufacturing(R), announces the release of VISUAL Quality(R). Lilly will offer VISUAL Quality through a private-label agreement with Integrated Quality Systems (IQS), an international pioneer in integrated business management and quality management software. "The combination of VISUAL Manufacturing and VISUAL Quality provides a set of tools unequaled in the ERP marketplace," said Jeff Davis, Lilly's V.P. of Business Development. "No one else offers both ERP and quality under a single banner. For the first time, users can truly merge customer service, manufacturing and quality." With VISUAL Quality, Lilly Software is another step closer to its goal of creating a single, enterprise-wide manufacturing control solution. John Cachat, President and Founder of IQS, explained that the IQS Business System "extends the functionality of VISUAL Manufacturing by managing the quality-related documentation and teamwork associated with quality standards including ISO 9000 and QS-9000." According to Davis, Lilly Software is particularly enthused to have partnered with IQS. Since 1986, IQS has led the way in the exploration of innovative, reliable approaches to managing business operations and processes in the industrial, government and service sectors. IQS' impressive clientele includes: Akzo Nobel; General Motors; Westinghouse; and Eaton. In turn, "IQS is excited about the long term possibilities by working with Lilly Software," said Cachat. "Working with leading companies like Lilly is important in the strategy of delivering a broad range of complete solutions to the market." Lilly Software will initially market VISUAL Quality in both a standalone version, and interfaced with VISUAL Manufacturing. The interfaced version shares such key data as employee, customer and part numbers, through intelligent application program interfaces, or APIs. Lilly Software is working with IQS to develop a third fully-integrated version in 1999. While users would see little difference in performance, an integrated quality solution would result in one database for both VISUAL Manufacturing and VISUAL Quality and require less disk space. About IQS IQS is an international pioneer in integrated business- and quality-management software. Since 1986, IQS has led the way in exploring innovative, reliable approaches to managing business operations and processes in the industrial, government and service sectors. IQS' commitment has resulted in the development of industry-leading quality and management software based on a proven methodology of performance measurement. IQS offers a unique model for integrating quality systems to achieve superior performance. Helping customers successfully manage, and also improve their business' standards and performance in today's competitive market, is the objective behind IQS' Business System. Working closely with customers from the plant floor to the boardroom, IQS has created a flexible, user-friendly software system, which permits total quality assurance and business performance management. Time and again, IQS programs have empowered its clients to become more profitable and competitive, and achieve ISO/QS-9000 registration faster and at a lower cost. For more information, contact Karleen Radke, IQS, Inc., (440) 333-1344. About Lilly Software Associates Lilly Software Associates, Inc. produces VISUAL Manufacturing(TM), an advanced and complete Windows-based Enterprise Resource Planning (ERP) software system for custom, assemble-to-order, make-to-order, make-to-stock and mixed mode manufacturers. VISUAL boasts leading-edge technology designed to manage the total production environment from quoting through shipping and billing. With a variety of fully integrated modules, manufacturers can actually dynamically change conditions to ensure optimal production control and profitability. Lilly Software was listed in Manufacturing Systems' "Top 50 Software Companies" issue in 1996 and again in the 1997 "Top 75 Software Companies" issue. VISUAL Manufacturing runs under Windows NT, Novell or AS/400, using SQLBase, Microsoft SQLServer, ORACLE or DB2-400 relational databases. More information is available on the Worldwide Web at http://www.visualmfg.com. -0- es/bos CONTACT: Lilly Software Associates, Inc.  Michael Magoon, 603.926.9696 mmagoon@visualmfg.com KEYWORD: MASSACHUSETTS NEW HAMPSHIRE  INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS PRODUCT PHOTO: snr1 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 a0605200391008152p03461202pr1401f1620in-s&p-rts-indiana-u3008152-16133206155-16 600031newsgrid business usa corporate 602099new+york_june1 standard&poor trustees indiana_university's aa/a- source_standard&poor's_creditwire 620058S&PCORRECT: TRUSTEES OF INDIANA U RATED AA/A-1+, NOT AA/A- NEW YORK, June 1 /PRNewswire/ -- Standard & Poor's assigned its double-'A'/'A-1'-plus rating to Trustees of Indiana University's variable-rate student residential system bonds series 1998. In the May 29, 1998 press release, the rating was incorrectly stated as AA/A- in the headline.  SOURCE Standard & Poor's CreditWire -0- 06/01/98 /CONTACT: Christopher Howley, 212-208-8379, or Jennifer J. Neel, 212-208-1689, both of Standard & Poor's/ /Web site: http://www.ratings.standardpoor.com/  CO: Indiana U. ST: Indiana IN: EDU FIN SU: RTG a0605200391008152b01581202bw1401f1617northpoint/ie-net3008152-16133206155-16 600082newsgrid business usa corporate computers electronics telecommunications internet 602405business_editors los+angeles business_wire internet_express_network ie_net northpoint_communications dsl digital_subscriber_line isdn terry_lee_president ceo internet_express_network northpoint ie_net's_dsl kbps mbps service san_fernando_valley dsl partnering together michael_malaga_president web dsl_isdn java_sql cgi ie_net's crosby_haffner northpoint_communications_inc northpointcom ann_zeichner 620145Internet Express Network Partners with NorthPoint Communications to Deliver High-Speed DSL Internet Services to the Greater Los Angeles Area LOS ANGELES (June 1) BUSINESS WIRE -June 1, 1998--Internet Express Network (IE Net), a Los Angeles based Internet access provider, today announced that they have selected NorthPoint Communications as a technology partner for providing DSL services to the greater Los Angeles area. Digital Subscriber Line (DSL) service enables IE Net to deliver its high-speed Internet access solutions to businesses for significantly less cost than older technologies, such as ISDN and frame relay. "With DSL technology, we've lowered the barrier to entry for dedicated Internet access," said Terry Lee, President and CEO of Internet Express Network. "DSL is a giant step for small and medium-size companies who previously considered high-bandwidth Internet access cost-prohibitive." As a full-service Internet solutions provider, the addition of NorthPoint's data services reinforces the breadth and quality of IE Net's suite of business-class Internet services. DSL enables IE Net to offer scalable, high-speed Internet and intranet access at a fraction of the cost of conventional ISDN, frame relay, and leased line technologies. IE Net's DSL service levels range from 160 Kbps up to 1.04 Mbps. Service will be initially available in select parts of Los Angeles County, Orange County, San Bernardino, and San Fernando Valley. IE Net's services also come with an exclusive performance guarantee, and for the first 50 DSL customers IE Net is waiving all circuit installation charges. "Our business is built on the ability to provide the highest quality business-class Internet access solutions," says Terry Lee, President and CEO of Internet Express Network. "Partnering with NorthPoint is an important step in offering these solutions to our customers. NorthPoint has done an excellent job of deploying its data services so that companies can easily migrate to DSL technology. Together we can provide the incredible value and performance of DSL with the benefit of quality Internet services." "We are very pleased to be partnering with Internet Express Network," says Michael Malaga, President and CEO of NorthPoint Communications. "Internet Express Network has done an outstanding job of providing quality access to small to medium-sized businesses in the Los Angeles area. We look forward to working with them to deliver the speed and benefits of DSL to these end users." About Internet Express Network Internet Express Network (IE Net) has been a provider of quality Internet services worldwide since 1994. IE Net is full-service Internet solutions provider, providing business-class services for small and medium size companies requiring high-performance Internet access, Web hosting, Web site design, and custom online application development. IE Net's services include DSL, ISDN, analog, frame relay, and leased line Internet access; Web site and domain hosting; dedicated server hosting and co-location services; complete Web site design and production services; online commerce solutions; and custom applications development in Java, SQL, and CGI. For more information about IE Net's services, see http://www.ienet.com or contact Crosby Haffner at (213) 488-6100. 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. 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. For more information about NorthPoint's data transport services, see http://www.NorthPointcom.com, or contact Ann Zeichner at 415/403-4003. -0- mi/sf* CONTACT: Internet Express Network  Crosby Haffner, 213/488-6100 crosby@ienet.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS 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 a0605200391008152r02351202fu1401f3008152-16133206153-16 600022newsgrid usa commodity 602024metal table $ln62pra end 620032LONDON P.M. PLATINUM FIX DELAYED End a0605200391008152p03471202pr1401f1621ca-rightworks-app-ste3008152-16133206155-16 600041newsgrid business usa corporate marketing 602641management desktop of_ownership san_jose_calif june1 rightworks_corporation operational_activity_management web-native procureworks_rightworks assetworks_expenseworks timeworks rightworks vani_kola_president ceo byron_jacobs_vice_president jacobs procureworks unique_technology_foundation shared erp smtp sql html/java rightworks_difference right shortest_deployment_time_with reports intuitive_usage_every web-browser user snap-on_flexibility_framework sap_oracle_peoplesoft baan application_suite assetworks expenseworks rightworks_the operational_activity traditionally web-based telephone fax company's_web source_rightworks_corp 620071RIGHTWORKS TO INTRODUCE APPLICATION SUITE BRINGING OPERATIONAL ACTIVITY  Management to Every Desktop Procurement, Asset Tracking, Travel & Expense and Time Management Solutions To Manage Operational Activity in Record Deployment Time With Lowest Total Cost Of Ownership   SAN JOSE, Calif., June 1 /PRNewswire/ -- RightWorks Corporation, the leader in Operational Activity Management solutions, today announced plans for a suite of Web-native applications which eliminate the paper blizzard of operational business processes and make possible strategic management of expenses in global 2000 enterprises. To complement its current procurement management offering, ProcureWorks, RightWorks will deliver AssetWorks, ExpenseWorks and TimeWorks to enhance enterprise efficiency, generate hard-dollar savings and facilitate strategic operational controls. RightWorks is helping some of the world's largest enterprises turn corporate spending into a strategic competitive advantage. "In today's advanced enterprise, information technology is actively contributing to improvements in revenue generation and manufacturing efficiencies -- but this isn't enough," said Vani Kola, President and CEO. "The companies that will surge ahead competitively will also use RightWorks technology to drive down their operational activities costs which have a serious impact on the bottom line and earnings per share." "Our mission is to provide a complete suite of web-native applications which will revolutionize the operational processes of global 2000 enterprises," said Byron Jacobs, Vice President of Marketing. For too long, the paper trail of requisitions, asset change requests, and expense and time reports led to back office data entry and little in the way of analysis or graduated management controls, according to Jacobs. "As ProcureWorks does for purchasing, our new suite will do for the other three major business processes, allowing operational managers to strategically manage resources and reduce associated costs," said Jacobs. "We believe our unique technology foundation positions us to accomplish this mission."   Unique Technology Foundation  RightWorks product foundation yields functionality unmatched today. A unique combination of component-object architecture, industry-standard connectivity and domain-centric administration offers power, performance and scalability. The component-object architecture provides interoperability between individual RightWorks products and future growth paths. Shared presentation management, communications control, database interface, access control, and workflow supervision create synergy between products and offer enhancement paths without disrupting service or consuming valuable IT resources. Since it's built on industry-standard connectivity interfaces such as vendor-supported ERP protocols, SMTP messaging, native SQL usage and HTML/Java communications, RightWorks will evolve with technology trends painlessly. And with its domain-centric administration, a RightWorks solution can be implemented and managed without programming, in a controlled manner, by the people in the back office who know the business requirements of the enterprise -- your business, your rules, your way.   The RightWorks Difference  RightWorks solutions deliver the RIGHT values of shortest deployment time, configuration not customization, intuitive usage, optimal resource usage, and snap-on flexibility to ensure the fastest return on investment available today.   * Shortest Deployment Time -- With its "out of the box" functionality, full pilot deployment can be achieved with bi-directional ERP interface, extended business rules and catalog population in 120 days or less. * Configuration Not Customization -- Operational personnel rather than IT experts can configure the solutions. Reports, databases, and business rules are easily modeled using flexible, visual user interfaces oriented to the needs of back office employees. * Intuitive Usage -- Every desktop becomes an instant client with familiar Web-browser functionality. User training and desktop software deployment are non-essential. * Snap-On Flexibility -- Framework interfaces are available to all popular ERP systems such as SAP, Oracle, Peoplesoft and Baan.   The Application Suite  * ProcureWorks differentiates itself from products that just automate the purchasing process by providing a full-circle solution that facilitates best practices at all stages of the procurement cycle. * AssetWorks tracks the acquisition and deployment of enterprise assets from the source of the requisition, enabling operational management to control resource allocation and minimize the time-consuming and costly manual effort required for audits. It also minimizes loss, misallocation and unnecessary procurement. * ExpenseWorks automates travel authorization requests, expense reports, approval cycles and expense analysis resulting in reduced "maverick" buying and increased corporate guidance and better adherence to corporate policy and procedures. It also improves vendor usage. * TimeWorks makes time reporting and analysis easier and more efficient. It provides operational management with a top-down view of future activity resulting in better utilization of time resources.   RightWorks -- The revolution in Operational Activity  Traditionally, back-office functions such as procurement, asset tracking, etc. have been viewed purely as expense activities that do not contribute to the bottom line. However, with today's enterprise-wide cost containment imperatives management must closely examine the true cost of back-office procedures and put in place more efficient systems. The key to accomplishing these goal lies within the ability to collect all relevant data, analyze the information in the context of strategic enterprise requirements and implement initiatives to guide the organization toward significant cost savings and competitive advantage. The RightWorks suite helps the enterprise implement "best" practices and solves the biggest challenges faced by operational management -- understanding operational inefficiencies, streamlining business processes, empowering the desktop user through self service, and integrating these activities with back-office systems.   RightWorks Corporation  RightWorks is the leader in enterprise-class operational activity management solutions -- Web-based applications that increase efficiency and control of day-to-day operational processes involved in the acquisition of goods and services. By capturing and presenting metrics from these processes, RightWorks' solutions allow management to monitor and control adherence to business policies while guiding employees to greater self-service productivity. RightWorks leverages intranet and extranet technologies to provide the highest internal rate of return in hard-dollar savings on improved spending practices through the lowest total cost of systems ownership and maximum organizational gain in the shortest time. RightWorks is headquartered at 31 North Second Street, Suite 400, San Jose, Calif. 95113. Telephone: 408-882-0350. Fax: 408-280-7002. The Company's Web site can be found at: http://www.rightworks.com  SOURCE RightWorks Corp. -0- 06/01/98 /CONTACT: Byron Jacobs of RightWorks Corp., 408-271-5402, or Byron.Jacobs@rightworks.com; or John Jordan of Simon/McGarry Public Relations, 650-596-5880, ext. 4274, or jjordan@shandwick.com, for RightWorks Corporation/ /Web site: http://www.rightworks.com/  CO: RightWorks Corp. ST: California IN: MLM SU: PDT a0605200391008152b01591202bw1401f1621national-geographic-t3008152-16133206155-16 600045newsgrid business usa corporate entertainment 602374entertainment_editors entertainment_wire is earth national_geographic_home_video nghv asteroids_deadly_impact believing g51906 warner_home_video whv hollywood national_geographic bob_potter domestic_home_video national_geographic_television ngt_inc twister titanic could deep_impact armageddon bruce_willis jerry_bruckheimer eugene_shoemaker can using shoemaker carolyn 620121National Geographic Videos Show Real Story Behind Feature Film Events; First Cyclones, Then Titanic, and Now Asteroids WASHINGTON D.C. (June 1) ENTERTAINMENT WIRE -June 1, 1998--Is the Earth doomed? National Geographic Home Video (NGHV) re-explores the possibility in the re-promotion of "Asteroids -- Deadly Impact," as two feature films give the summer audience the ride of their lives when asteroids head straight for Earth. Believing that the extraordinary amount of marketing and media coverage surrounding the two films is generating a renewed interest in the meteorite impact theory, "Asteroids -- Deadly Impact" (No. G51906 -- approximately 60 minutes), is now available through Warner Home Video (WHV) at the special price of $14.95 through July 7. "Hollywood is discovering that viewers have an insatiable appetite for amazing things that go on in the real world -- what National Geographic filmmakers have been documenting for more than 30 years," said Bob Potter, vice president of Domestic Home Video for National Geographic Television (NGT Inc.). National Geographic offers viewers a real look at the devastating disasters that are the subjects for Hollywood's recent blockbusters, "Twister" and "Titanic." Could the next worldwide disaster be a deadly asteroid crashing into earth, creating a raging firestorm, and leading to mass destruction, or is it another science-fiction Hollywood story? Opening a couple of weeks ago, "Deep Impact" has already earned nearly $74 million at the box office. "Armageddon," starring Bruce Willis and produced by Jerry Bruckheimer, is one of the summer's most anticipated blockbuster movies. "Asteroids -- Deadly Impact" features world-renowned geologist Eugene Shoemaker, godfather of meteorite impact science, who sees asteroids as a real threat to the planet. It is now widely accepted that an asteroid colliding with the Earth caused the extinction of the dinosaurs. Can it happen again and destroy mankind? Using special animation especially created for "Asteroids -- Deadly Impact," Shoemaker and his wife/collaborator, Carolyn, explore the frightening, but very real possibility of a catastrophic asteroid crash. -0- AJE/la WJA/la CONTACT: National Geographic Television, Washington D.C.  Melissa Montefiore, 202/857-7627 or  Pryor & Associates Kristy Bremer or Terry Smith, 818/382-2233 KEYWORD: DISTRICT OF COLUMBIA  INDUSTRY KEYWORD: ENTERTAINMENT 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 a1008152p07911202pr1401e1621nc-summer-sounds-fest3008152-16133206155-16 600045newsgrid business usa corporate entertainment 602448charlotte_nc_june1 promoters_alex_cooley&peter_conlon atlanta music_midtown_festival annual_summer_sounds_festival charlotte_north_carolina talent charlotte missing_persons summer_sounds_festival set marshall_park featuring southeast kids-town summer_sounds tickets summer_sounds_festival ticketmaster patrons alex_cooley&peter_conlon's_interfest charlotte_center_city_partners walker/willhelm_productions artist source_summer_sounds_festival 620056TALENT ANNOUNCED FOR SUMMER SOUNDS, A CHARLOTTE FESTIVAL CHARLOTTE, NC, June 1 /PRNewswire/ -- Promoters Alex Cooley & Peter Conlon who produce Atlanta's highly successful Music Midtown Festival are pleased to announce the talent line-up for the 1st Annual Summer Sounds Festival to be held in Charlotte, North Carolina. Talent, along with the plans for this debut event was announced at a media picnic held in Charlotte at the end of May. Live, Isaac Hayes, Stevie Nicks, Clint Black, Squirrel Nut Zippers, Morris Day & The Time, Cowboy Mouth, Don McLean, Spacehog, Goodie Mobb, Buddy Guy, Boz Scaggs, Wade Hayes, Lorrie Morgan, Loverboy, Billy Dean and Missing Persons are just a few of the performers scheduled to appear at the 1998 Summer Sounds Festival. Set for June 20 & 21 in the Marshall Park area of Uptown Charlotte, North Carolina, Summer Sounds is a two day, six stage, multi-music-genre festival that will offer international, national, regional and local performers. Featuring a line-up consisting of today's hottest talent, food from many of Charlotte's premiere restaurants, an artist market showcasing artisans from throughout the Southeast and Kids-Town a children's area which includes entertainment and hands on activities for the little ones, Summer Sounds is fun for the entire family. Tickets for the Summer Sounds Festival are $25.00 for a one day pass and $30.00 for a two day pass. Tickets are on sale now through all TicketMaster locations. Patrons can access festival information by calling (704) 319-FEST or checking out the festival website at www.summersounds.com. Summer Sounds is produced by Alex Cooley & Peter Conlon's Interfest in association with Charlotte Center City Partners and Walker/Willhelm Productions. Artist information along with a complete talent line-up are available upon request.  SOURCE Summer Sounds Festival -0- 06/01/98 /CONTACT: Press only: Tara Murphy, 360 Media, 770-509-8686/ /Web site: http://www.summersounds.com/  CO: Summer Sounds Festival ST: North Carolina IN: ENT SU: a1008152r06951202fu1401f3008152-16133206153-16 600027newsgrid usa commodity usda 602144fiber table month_end_prices_of_popular_cotton_varieties rs year_bengal_s.g.j. h-4_shankar-6_mcu-5_dch-32 deshi_f-34_m.p. gujarat_a.p.south end 620056ATTACHE: INDIA SHOWING DECLINE IN COTTON IMPORTS, PART 2 MONTH END PRICES OF POPULAR COTTON VARIETIES  (in Rs. per metric ton)  Year Bengal S.G.J. H-4 Shankar-6 MCU-5 DCH-32  Deshi F-34 M.P. Gujarat A.P. South 1996/97 Oct 24180 43870 54830 55680 64680 73110 Nov 23340 41060 51180 52020 64680 67490 Dec 22220 40210 50050 52020 66360 68890 Jan 21650 40770 49770 50620 65520 70300 Feb 22770 39930 48370 51460 64680 69740 Mar 25030 43590 50620 54830 64680 70300 Apr 24750 43300 53430 55680 66080 73390 May 27560 48650 55680 58490 67490 75920 Jun 28680 50050 55680 57650 70300 75920 Jul 28400 49490 56240 58210 70300 75920 Aug 34590 52020 58210 61020 70300 76490 Sept 33180 50620 58210 59900 70300 77330 1997-98 Oct 31500 50330 55960 57360 - - Nov 33740 49770 53990 54830 - 81550 Dec 37680 50050 54830 57650 70860 87170 Jan 42180 56520 58220 61300 76480 92210 Feb 39650 53710 54830 59050 71710 85760 Mar 43020 55120 58490 61580 71710 84360 April 41900 53710 57650 59610 70300 82950 May 22 43020 54830 56240 58210 70300 87160 End a0605200391008152r02361202fu1401f3008152-16133206153-16 600022newsgrid usa commodity 602018metal $ln63pra end 620033LONDON P.M. PALLADIUM FIX DELAYED End a0605200391008152b11951202bw1401f1619northpoint/flashcom3008152-16133206155-16 600082newsgrid business usa corporate computers electronics telecommunications internet 602636business_editors westminster_calif business_wire flashcom internet_solutions_provider northpoint_communications competitive_local_exchange_carrier clec sdsl los+angeles flashcom vpns flashcom's_dsl t1 isdn speeds direct northpoint los+angeles_county orange_county_san_bernardino san_fernando_valley southern_california brad_sachs_president dsl ann_zeichner flashcom_inc internet_service_provider being digital_solutions_provider web server_co-location virtual_private_networks campus_wide_point point_networks long_distance_services westminster_california northpoint_communications_inc founded world_wide_web note northpoint_dsl 620188Flashcom Partners with Northpoint Communications to Offer New SDSL Service; Partnership is Key to Covering Greater Los Angeles Market with High Speed, Secure, Low Cost Internet Access  WESTMINSTER, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--Flashcom, a regional Internet Solutions Provider, today announced that they have selected NorthPoint Communications, a national Competitive Local Exchange Carrier (CLEC) focused exclusively on data transport in the local loop, as a key supplier for providing SDSL service to businesses in the greater Los Angeles area. Flashcom's new SDSL service provides a solution for small to medium-sized businesses who require high speed, business quality Internet access, which was previously only affordable to large companies. SDSL service provides symmetric bandwidth, same speed up - same speed down, which is ideal for businesses who run bandwidth intensive applications such as web hosting, video, and virtual private networks (VPNs). In addition, Flashcom's DSL service provides businesses with "always on" bandwidth at costs that are significantly less expensive than T1 lines, and much easier to install than ISDN. Speeds are available from 160kbps to 1.04 mbps. NorthPoint's Symmetric Digital Subscriber Line (SDSL) service is perfect for applications that require high-speed Internet connections that are cost effective. This SDSL technology with speeds of up to 1.04Mbps in both directions, will enable Flashcom to provide solutions today at significantly lower rates than existing technologies. Direct, secure, "always on" access using existing copper telephone lines offers an easy migration path. Flashcom maintains a single connection to NorthPoint's central network, which allows them to currently provide service throughout Los Angeles County proper, Orange County, San Bernardino, and San Fernando Valley. Flashcom will continue to expand its service reach in Southern California throughout 1998. "As the bulk of our customers are in these areas, partnering with NorthPoint is a natural fit," states Brad Sachs, President of Flashcom. "We are now able to offer access services to small and medium-sized companies that previously couldn't justify a T1 circuit or those that found ISDN too slow. Also by focusing exclusively on providing DSL service, and not dialup or ISDN products, we feel that we are well positioned to support this large market as experts in the DSL arena." "Flashcom is a strong player in Southern California, and we look forward to helping them extend the reach of DSL in the greater Los Angeles area," says Ann Zeichner, vice president, sales and marketing at NorthPoint. About Flashcom, Inc. Flashcom is a new type of Internet Service Provider which specializes exclusively in high-speed, dedicated, direct connect xDSL technology service. Being a full service Digital Solutions Provider, we also offer expert: Web site design, re-design and hosting; Server Co-location in our secure facility; Virtual Private Networks (VPNs); Campus Wide Point to Point Networks and Long Distance Services. Flashcom corporate headquarters are in Westminster, California. Flashcom can be reached at 714-891-7891 or on the Internet at http://www.flashcom.com 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 architects 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. For more information about NorthPoint Communications' data transport services, visit its World Wide Web site at http://www.northpointcom.com, or contact the company at 415-403-4003. Note to Editors: 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- mi/sf* CONTACT: Flashcom  Scott Campbell, 714/891-7891 ext. 243 scottc@flashcom.com  or Gallagher PR  Kristi Kilpatrick, 510/749-6800 kristi@gpr.com KEYWORD: CALIFORNIA  INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS 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 a0605200391008152b11961202bw1401f1621national-dairy-counci3008152-16133206155-16 600059newsgrid business usa corporate health+care health research 602490medical_writers_food_writers rosemont_ill healthwire misunderstanding journal american_dietetic_association lactose new according low national_academy sciences greg_miller_ph national_dairy_council resources_available greg_miller_ph lowdown suggested_side_bars fixes_for_lactose_maldigesters_experts top5 start drinking consuming milk_group cheese cheese cheddar_colby_swiss parmesan yogurt mumbo_jumbo_made_simple source mcbean_ld miller_gd american_dietetic_association_98 june_1998 620088Got Lactose Intolerance? Probably Not; New Research Review Shatters Myths about Milk ROSEMONT, ILL. (June 1) BW HEALTHWIRE -June 1, 1998--Misunderstanding about lactose intolerance is at an all-time high, according to a new research review published in the Journal of The American Dietetic Association. Lactose is the main sugar in milk and other dairy foods. While some people are lactose maldigesters - that is, they have trouble digesting lactose - few people are truly lactose intolerant and incapable of handling lactose. New research cited in the review also shows that most people who have trouble digesting lactose can still consume up to two cups of milk a day if taken with meals, one at breakfast and the other at dinner. In fact, drinking milk and eating other lactose-containing dairy foods may actually improve a person's ability to digest lactose. According to the report, many people mistakenly believe they have trouble digesting lactose and this leads them to unnecessarily cut milk from their diets, eliminating a major source of calcium. About nine out of 10 women and seven out of 10 men don't get the calcium they need. Low calcium intake can increase the risk of major chronic diseases such as osteoporosis and high blood pressure. The National Academy of Sciences last year increased recommended intakes of calcium for most people. "Research makes it clear that even people who are lactose maldigesters should be able to use dairy foods to help meet the new calcium intake recommendations," said Greg Miller, Ph.D. and vice president of nutrition research for the National Dairy Council. "It's also important to consume dairy foods, such as milk, cheese and yogurt, because they not only provide calcium, but many other essential nutrients." National Dairy Council(R) was founded in 1915 and provides nutrition information through national, state and regional dairy council units. RESOURCES AVAILABLE: To schedule interviews with authors of the study, call 312/988-2494 Greg Miller, Ph.D. Vice President, Nutrition Research and Technology Transfer National Dairy Council Lois M. McBean, M.S., R.D. Nutrition Consultant A free brochure is available from the National Dairy Council. Send a self-addressed, stamped, business size envelope to The Lowdown on Lactose Intolerance, National Dairy Council, 10255 West Higgins Road, Suite 900, Rosemont, IL 60018-5616. SUGGESTED SIDE BARS: FIVE FIXES FOR LACTOSE MALDIGESTERS Experts offer these TOP 5 calcium-building basics: 1. Start small. Start with a half-cup of milk with a meal and gradually build up. Drinking milk over time may improve your ability to digest lactose. 2. Drink milk with meals. Consuming milk or other Milk Group foods with meals or snacks improves the digestion of milk. 3. Say Cheese. Cheese (e.g. Cheddar, Colby, Swiss and Parmesan) has very low levels of lactose, so it goes easy on your stomach. 4. Spoon it up! Yogurt and ice cream are more easily tolerated, too. The live and active cultures in yogurt help digest lactose and ice cream has less lactose to begin with. 5. Get creative with different kinds of milk. Research has shown that chocolate milk may be handled better than white milk by some maldigesters. MUMBO JUMBO MADE SIMPLE: Lactose maldigestion and lactose intolerance are NOT the same! Here's the lowdown on lactose (the sugar found in milk): Lactose maldigestion - reduced digestion of lactose due to low levels of the enzyme, lactase. Not all lactose maldigesters experience intolerance symptoms. Most can consume up to 2 cups of milk a day without symptoms, when the milk is consumed at different times with meals. Research has even shown that maldigesters who regularly consume lactose-containing foods such as milk, may improve their ability to digest lactose. Lactose intolerance - symptoms that develop by consuming more lactose than your body can digest. The number of people with this condition is grossly overestimated. Source: McBean, LD.; Miller, GD., Journal of The American Dietetic Association, 98: 671-676, June, 1998. -0- ajk/cgo* CONTACT: Nutrition and Health News Bureau  312/988-2494 KEYWORD: ILLINOIS  INDUSTRY KEYWORD: MEDICINE 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 a0605200391008152b01601202bw1401f1613synchronicity3008152-16143206155-16 600059newsgrid nyase business usa corporate computers electronics 601083motorola[(mot)] cypress+semiconductor+corp[(cy)] cadence+design+systems+inc[(cdn)] 602783business_editors marlboro_mass business_wire eda ip synchronicity's_ip synchronicity_inc ip_gear tm design_automation_conference san+francisco mark_miller_vp& synchronicity miller synchronicity's_web-based_project design eda jake_buurma_vp r&d cadence_design_systems_san_jose_ca mark_mcdermott_director virtual_socket_interface_alliance vsia soc doug_fairbairn vsi_alliance project web-based_ip_reuse_vault ip_vault encryption web-based_ip_knowledge_base legacy_ip ip_knowledge_base web-based_bug/issue_tracking_system whenever_ip bug/issue_tracking_system web-based_ip_catalog_server catalog_server incident_tracking_system dennis_harmon_president chairman pricing internet/intranet-based_design project_management_groupware web-based_groupware forest_street_marlboro_mass 620053Synchronicity's IP Gear Outfits Reuse Leaders at DAC  MARLBORO, MASS. (June 1) BUSINESS WIRE -June 1, 1998-- EDA, design service players, IP developers, standards organizations supported by Synchronicity's IP reuse, tools environments Synchronicity, Inc. has announced its new IP Gear(TM) family of tools for the implementation and support of design reuse environments. The company will be demonstrating the tools along with design reuse leaders at the Design Automation Conference in San Francisco later this month. IP Gear represents a complete design reuse implementation toolkit, including the IP Reuse Vault, IP Knowledge Base, Bug/Issue Tracking System, IP Catalog Server and Support/Customer Incident Ticketing System development tools. "As organizations face the challenge of implementing enterprise-wide design reuse and IP management infrastructures, there appears to be a convergence of opinion on many of the critical elements," said Mark Miller, VP of marketing & business development at Synchronicity. IP Gear addresses the key management challenges of efficiency, accessibility and security with a comprehensive suite of reuse tools that are targeted at essential elements, such as vaults for IP storage, support and access, Miller said. The new tools are integrated tightly with Synchronicity's Web-based Project and Design management environments. Synchronicity has also gathered the support of chip makers and design reuse leaders including Motorola and Cypress Semiconductor, and leading EDA industry players focused on the design reuse infrastructure including, Cadence Design Systems. "The design of multi-million gate integrated circuits is enabled by the design reuse revolution occurring around us today," said Jake Buurma, VP of R & D at Cadence Design Systems, San Jose, CA. "Synchronicity is concentrating on providing the tools and infrastructure to manage the design tasks surrounding the system-on-chip integrated circuits on which this revolution will grow." Synchronicity developed the new tools after looking closely at the needs of organizations trying to implement their own design reuse environments. Motorola is a leader in design reuse and IP management and one of Synchronicity's key partners in the development of IP reuse solutions. "The semiconductor divisions of Motorola represent a design community of literally thousands of design engineers," said Mark McDermott, Director of SoC Design Technology, Motorola Advanced Systems Technology Labs. "With that magnitude of design activity going on in the company, the cost of not leveraging our internal IP and design expertise across divisions would be enormous. Design reuse isn't just a nice idea for us; it's a mandate in order for us to remain competitive and maximize our profitability in the next century. We've been involved with Synchronicity for a while now, and we think their design management technology and use of the web to build reuse infrastructures are headed in the right direction." Synchronicity has also been active in industry organizations such as the Virtual Socket Interface Alliance (VSIA), where key roadblocks to reuse have been defined by more than a hundred and fifty member companies. "Its great to see companies like Synchronicity focusing on the infrastructure and design management challenges that will take reuse and SoC technology from theory into common practice." said Doug Fairbairn, president of the Virtual Socket Interface Alliance. "The VSI Alliance is committed to the definition and deployment of standards and design practices that will allow our constituency to fully adopt and implement design reuse methodologies." The first members of the IP Gear family consist of a series of combined product/service solutions. These solutions, when combined with the web-based Project and Design management tools already offered from Synchronicity, constitute a comprehensive solution enabling a thriving IP reuse environment. The five product/service solutions offered are: Web-based IP Reuse Vault A hierarchical, distributed web-based IP Vault offering comprehensive revision, release, and configuration management features. Encryption and user authentication are employed to insure the security of all IP and meta-data associated with the IP. Web-based IP Knowledge Base In order to allow users of an IP reuse infrastructure to query, search and coalesce knowledge about applications scenarios, design techniques, Legacy IP information, and any other reuse-relevant data, a web-accessible clear text and field-restrictive searchable IP Knowledge Base is offered. Web-based Bug/Issue Tracking System Whenever IP is developed, acquired, or modified, issues and defects are identified. This integrated web-based Bug/Issue Tracking System allows users to attach issues to individual objects, releases, or configurations stored within the IP Vault mentioned above. Web-based IP Catalog Server As the quantity of IP managed within the IP Vault becomes large, or the IP Vault and team in charge of supporting IP is geographically dispersed, the time savings for designers is enormous if a summary description of all IP is available in a single location. From this Catalog Server, a user can launch complex searches with numerous filters as well as comparison functions. Once a desired piece of IP is located, simply follow the links provided to the vault location and, assuming you have privileges to do so, the IP is downloadable to your personal workspace. Web-based Support/Customer Incident Ticketing System In the course of implementing and using an IP reuse infrastructure, the customers of the environment will need support and assistance. In order to track and follow-through in a timely fashion, a web-based Incident Tracking System is offered. It is, as is every component of IP Gear, fully integrated with the IP Vault, allowing references to any design object, release, revision, or configuration of design data. "The availability of IP Gear is a breakthrough technology introduction for the electronics design community. It delivers a powerful, deterministic solution to many of the fundamentals of implementing a profitable design reuse strategy," says Dennis Harmon, President and Chairman of Synchronicity. "We learned a long time ago that design reuse is a process, not an event. IP Gear captures that process and provides customers with a scalable, cost effective solution that will pay them back many times over by making reuse a reality today." Pricing for IP Gear starts at $100,000 with actual cost and configuration varying depending upon architecture and customer requirements. About Synchronicity Synchronicity was founded with the mission to supply Internet/Intranet-based Design and Project Management GroupWare products to corporations employing integrated circuit and system-on-chip (SOC) technologies. Its product families combine the collaborative capabilities of Web-based GroupWare with proven design information and project management technologies to enable the efficient creation and reuse of electronic design information and intellectual property. Corporate headquarters are located at 201 Forest Street, Marlboro, Mass. 01752, (508) 485-4122. Synchronicity's web site is located at http://www.syncinc.com . Synchronicity acknowledges trademarks or registered trademarks of other organizations for their respective products and services. -0- HK/na* CONTACT: Synchronicity, Inc.  Mark Miller, 925/462-4993, Fax: 925/462-9271 E-mail: mark@syncinc.com  or Cain Communications, Inc.  Susan Cain, 408/341-8978, Fax: 408/341-8970 E-mail: susan-cain@caincomm.com KEYWORD: CALIFORNIA  INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED 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 a1008152r06961202fu1401f3008152-16143206153-16 600029newsgrid usa commodity energy 602310$1 metal table new_york-june_1-fwn_nymex_estimated_volumes total_estimated_volumes unleaded_gas_19742 palladium_1166 platinum_1055 heating_oil_27220 crude_oil_102514 natural_gas_56566 permian_basin_natural_gas propane_256 gulf_coast_unleaded palo_verde_electricity_405 california border_elect n/a available 620033NYMEX ESTIMATED VOLUMES FOR TODAY New York-June 1-FWN--NYMEX ESTIMATED VOLUMES TOTAL ESTIMATED VOLUMES Unleaded Gas 19,742 Palladium 1,166 Platinum 1,055 Heating Oil 27,220 Crude Oil 102,514 Natural Gas 56,566 Permian Basin Natural Gas 0 Propane 256 Gulf Coast Unleaded 0 Palo Verde Electricity 405 Calif./Oregon Border Elect. 533 N/A = Not Available a0605200391008152b01611202bw1401f1615northpoint-comm3008152-16143206155-16 600077otc usa corporate computers electronics telecommunications internet wholesale 601031concentric+network+corp[(cncx)] 602999business_editors san+francisco business_wire northpoint_dslsm_now_available concentric_network_dslnetworks verio northpoint_communications_inc competitive_local_exchange_carrier clec digital_subscriber_line dsl los+angeles northpoint san+francisco_bay_area silicon_valley los+angeles_county orange_county_san_bernardino san_fernando_valley network_service_providers nsps nsp sdsl bay_area michael_malaga_ceo northpoint_communications greg_howard infonetics_research_san_jose_calif business-class_dsl northpoint_dsl world_wide_web isdn t1 northpoint's_symmetric_dsl vpns web network fractional_t1 northpoint's_nsp_partnership_model target_nsps internet_service_providers isps broadband_data_service_providers clecs cupertino_calif dslnetworks san+francisco_calif epoch_internet irvine_calif flashcom los+angeles_calif internet_express_network verio_southern_california see northpoint_nsp service_pricing availability northpoint's_dsl end-user_connections_monthly_price_160 mbps about_northpoint_communications_inc founded note 620102NorthPoint Communications to Extend High-Performance Data Transport Services to Los Angeles Region SAN FRANCISCO (June 1) BUSINESS WIRE -June 1, 1998-- NorthPoint DSLSM Now Available from Concentric Network, DSLnetworks, Epoch Internet, Flashcom, Internet Express Network, and Verio  Southern California Regional Service Providers NorthPoint Communications, Inc., a Competitive Local Exchange Carrier (CLEC) focused exclusively on data transport, today announced the availability of its flagship Digital Subscriber Line (DSL) data services to the greater Los Angeles area. The NorthPoint data services will enable small and medium-sized businesses to gain high-speed, dedicated access to the Internet at prices that are highly competitive, compared to existing access solutions from incumbent carriers. NorthPoint initially launched its DSL services in the San Francisco Bay Area and Silicon Valley in March. Now the company is extending its service coverage to a number of Los Angeles markets, as a part of its rapid geographic expansion plan. These markets include Los Angeles County proper, Orange County, San Bernardino, and San Fernando Valley. To deliver the services to end users in the Los Angeles region, NorthPoint is partnering with multiple national and regional Network Service Providers (NSPs). By offering its services in a number of markets, NorthPoint makes it easy for NSP partners to expand into new geographic areas. "With SDSL deployment in the Bay Area and Silicon Valley, and now in the Los Angeles regions, we are squarely on track to expand into seven to ten metropolitan locations nationwide by the end of 1998," said Michael Malaga, CEO and president of NorthPoint Communications. "With more than 2 million small and medium-sized businesses in the Los Angeles region, this new territory represents a very important area for DSL service expansion. LA business owners are looking for a cost-effective way to gain access to the benefits of the Internet, and we are the first to deliver DSL services to them." "NorthPoint has designed its network, as well as operational and marketing models, to be easily propagated from one region to another. The speed with which NorthPoint has launched this new service region gives a strong indication that they are executing according to plan," said Greg Howard, senior analyst at Infonetics Research, San Jose, Calif. Business-Class DSL NorthPoint DSL satisfies the bandwidth requirements of small to medium-sized businesses wanting to enhance communications and business presence through the Internet and the World Wide Web, or to extend connectivity to remote offices through backbone data networks. For example, multimedia businesses need the ability to transfer high bandwidth applications quickly. Before NorthPoint, these customers had to choose between low-speed analog connections, complex ISDN dial access, or cost-prohibitive T1 leased-line services. With NorthPoint's Symmetric DSL (SDSL) technology, Los Angeles businesses are now able to get support for today's "push" and "pull" applications, including intranets, extranets, virtual private networks (VPNs), email, electronic commerce, Web hosting, videoconferencing, multimedia, and more. NorthPoint DSL delivers always-on business bandwidth at a choice of 160 kbps, 416 kbps, 784 kbps, or 1.04 mbps, depending on user requirements and location. Network access with SDSL is substantially less expensive than T1 or Fractional T1 lines, and SDSL delivers superior performance with easier operation than dialup ISDN. In addition, NorthPoint DSL offers an easy migration path to higher speeds. As customer needs change, service levels can be moved up to faster premium services with a single phone call to a local service provider; no hardware swapouts or site visits are required to upgrade. NorthPoint's NSP Partnership Model As a wholesale provider of local data transport, NorthPoint makes its DSL services available to Los Angeles business customers through its partnerships with NSPs. NorthPoint appeals to NSP partners who have a strategic focus on business connectivity and need an optimized regional network or who plan to expand their geographic coverage beyond their existing local market. Target NSPs include Internet Service Providers (ISPs), Broadband Data Service Providers, and other CLECs wanting to enhance their data service offerings. NorthPoint's current NSP partners in the Los Angeles regions include Concentric Network (www.concentric.com), based in Cupertino, Calif.; DSLnetworks (www.dslnetworks.com), based in San Francisco, Calif.; Epoch Internet (www.eni.net), headquartered in Irvine, Calif.; Flashcom (www.flashcom.com), based in Los Angeles, Calif.; Internet Express Network (www.ienet.com), headquartered in Los Angeles, Calif.; and Verio Southern California (www.verio.net) of Irvine, Calif. (See accompanying releases for specifics on the service offerings from these NorthPoint NSP partners.) As NorthPoint replicates its network in other metropolitan regions that cross traditional local exchange carrier boundaries, NSPs can gain immediate access to new markets with a single connection to NorthPoint's regional node, thus eliminating most of the capital expenditures required for network expansion. Service Pricing and Availability NorthPoint's DSL data transport services are available in the Los Angeles regions at the following price points. Wholesale end-user services are offered to NSPs at a flate rate, based on the speed of the connection: End-User Connections Monthly Price 160 kbps $ 99 416 kbps $135 784 kbps $165 1.04 Mbps $199 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. For more information about NorthPoint Communications' data transport services, visit its World Wide Web site at http://www.northpointcom.com, or contact the company at 415-403-4003. Note to Editors: 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- mi/sf* CONTACT: NorthPoint Communications  Ann Zeichner, 415/403-4003 azeichner@northpointcom.com  or Gallagher PR  Kristi Kilpatrick, 510/749-6800 kristi@gpr.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS 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 a0605200391008152b01621202bw1401f16043com3008152-16143206155-16 600058otc usa corporate computers electronics telecommunications 6010343com+corp[(coms)] siemens[(smawy)] 602195business/technology_editors santa_clara_calif business_wire industry's_first_detailed_framework step-by-step_guideline constructing_networks_governed business_policies building transcendware tm 6200603Com Unveils Guideline for Building Policy-Powered Networks  SANTA CLARA, CALIF. (June 1) BUSINESS WIRE -June 1, 1998-- Industry's First Detailed Framework and Step-by-Step Guideline for Constructing Networks Governed by Business Policies Building on its March 1997 introduction of TranscendWare(TM) software and subsequent announcements, 3Com Corporation (Nasdaq:COMS) today announced the industry's first practical plan for deploying policy-powered networks (PPNs). PPNs incorporate TranscendWare software's advanced intelligence that enables enterprises to more easily and comprehensively enforce information access (security), information delivery (class/quality of service), and network equipment monitoring and configuration actions according to business rules (i.e., policies). Based on 3Com networking gear and open standards for interoperability with other networking vendors' products, PPNs have the intelligence to enforce these rules dynamically, according to user, workgroups, departments, date, time-of-day and even the level of network congestion. 3Com policy-powered networks are easier to configure than conventionally managed networks, can dramatically reduce current network administrative costs, and offer the control required for next-generation converged voice/video/data networks, virtual private networks, and extranets for electronic commerce. Industry's Only Practical Implementation Plan The plan includes a practical five-step guideline that covers networking hardware deployment, types of software standards, directory support and network monitoring procedures. The PPN plan includes the industry's most comprehensive policy framework based on industry standards for incorporating 3Com and other vendors' equipment. Unlike other vendors' plans for policy-based networks, 3Com's PPN plan is flexible by supporting all major vendors' directories based on the Lightweight Directory Access Protocol (LDAP) industry standard -- including those from Netscape, Novell, Microsoft, and Siemens. 3Com PPNs also leverage other new open standards, such as Common Open Policy Service (COPS) protocol, and legacy protocols, such as Simple Network Management Protocol (SNMP), to offer superior investment protection and interoperability in mixed-vendor networks. "Using these guidelines, customers can immediately improve their current data networks and cost-effectively lay the foundation for the converged voice/video/data, electronic commerce and virtual private networks that will soon be commonplace," said Roy Johnson, vice president, 3Com Network Management Division. "Only 3Com has the full functionality of TranscendWare software, plus a full product line with the 'smart bandwidth' for building better-performing, more controllable networks." The Anatomy of a Policy-Powered Network Based on four key functions -- resource requests (an application launch or traffic on a port, etc.), an interpreter (a Policy Server), information sources (LDAP directories, etc.), and enforcers (switches, routers, network interface cards, etc.) -- 3Com's PPN Framework provides users with a clear and open model of how policy transactions will take place. For example: -- a network manager sets policies across the entire network using the Policy Manager application; policy information is stored by the Policy Server in an LDAP directory; -- a user requests resources from the network (such as bandwidth, access to dial-up ports, sessions to servers, network addressing, etc.); -- a LAN switch sees network traffic and queries the policy server for the appropriate policy information to properly enforce the use of network resources; -- the policy server retrieves static information, conditions, and associated user information stored in the LDAP directory and other information sources within the organization, and generates a one-time policy lease (i.e., a decision about the specific use of these resources based on static information and dynamic conditions); -- the policy server returns the policy lease to the enforcing device, using translation and push technologies, as well as policy protocols (such as COPS); -- LAN switches, WAN switches, WAN routers, and end-system policy software enforce the policy to deliver or deny the requested service (such as data access, low-latency desktop videoconferencing, encryption, or higher-speed data delivery for critical applications). "Until now, the role of policy in networks has usually been restricted to low-level activities, such as thresholding," said analyst John McConnell, president of McConnell Associates, a Boulder, CO research firm. "3Com has responded with a strategy that encompasses the critical elements for deploying policy-based networking -- legacy support, open architecture, proper security and service establishment. Users will have the basic tools to align their networks with their business." With 3Com's PPN Framework in mind, users can deploy PPNs using a simple, five-step process, which includes: 1.) baselining their network using analysis tools; 2.) installing "smart bandwidth devices" (networking equipment with advanced policy intelligence); 3.) develop company policies and implementation plans for Security, Class of Service/Quality of Service, Monitoring and Configuration; 4.) set policies using the Policy Manager applications and 5.) monitor the effectiveness of policies and appropriately tune the network. "In the past, to ensure the integrity of their networks, users have only had the option of over-provisioning their networks with extra bandwidth and statically defined rules, such as security," said analyst David Passmore, research director and founder of NetReference, Inc., a Sterling, VA consulting firm. "While over-provisioning is still a prudent strategy, managed or 'smart' bandwidth is an evolutionary step forward, giving users an additional, more sophisticated tool than just brute force." With a new generation of policy-enabled networking gear already shipping ahead of its competitors, 3Com will make available additional components of its PPN solutions as follows:  Q3/98 -- LDAP client support  Q4/98 -- Transcend Policy Manager and Server; QoS application;  Directory support for Novell, Netscape and Siemens;  DynamicAccess software for non-3Com NICs supporting 802.1p  1999 -- Directory support for Microsoft Active Directory;  Policy-based Security, Configuration and Monitoring  applications.  Pricing for future PPN applications will be announced upon their availability. Future dates are currently anticipated, but are subject to change. Fact sheets and diagrams providing more details on 3Com's PPN Framework, Five-step Implementation Guideline and Solutions Availability Roadmap are available from 3Com's Public Relations Department, 3Com's World Wide Website and Press Site. About 3Com 3Com Corporation enables individuals and organizations worldwide to communicate and share information and resources at anytime from anywhere. As one of the world's preeminent suppliers of data, voice and video communications technology, 3Com has delivered networking solutions to more than 100 million customers worldwide. The company provides enterprises, network service providers and carriers, small businesses and consumers with comprehensive, innovative information access products and system solutions for building intelligent, reliable and high performance local and wide area networks. For further information, visit 3Com's World Wide Web site at http://www.3com.com, or the press site at http://www.3com.com/pressbox. 3Com, SuperStack, DynamicAccess, OfficeConnect, EtherLink, NETBuilder and Transcend are registered trademarks and CoreBuilder, PathBuilder, Traffix, TranscendWare and Total Control are trademarks of 3Com Corporation. All other company and product names may be trademarks of the respective companies with which they are associated. -0- mb/bos* CONTACT: 3Com Public Relations  David Hayward 978/264-1773  david_hayward@3com.com or  The Weber Group Rebecca Behenna  617/520-7057 rbehenna@webergroup.com KEYWORD: CALIFORNIA  INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS 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 a1008152b04101202bw1401f1608goto-com3008152-16153206155-16 600050newsgrid business usa corporate computers internet 602332business_editors/high-tech_writers pasadena_calif business_wire goto web goto home_page jeffrey_brewer_ceo search yahoo aol search_made_simple search_pages moreover_goto related_searches users fastest_search_engine results_pages moreover stephanie_sarka jeffrey_brewer citysearch ceo ted8 pasadena peoplelink tickets intranetics 620121GoTo.com Makes Search Simple by Focusing Only on Search; Gives Users the Fastest and Most Relevant Results on the Web  PASADENA, CALIF. (June 1) BUSINESS WIRE -June 1, 1998--GoTo.com, found at www.goto.com, officially launched its new, simpler search engine today, giving users the fastest, easiest and friendliest way to find the most relevant Web sites on any topic. GoTo is the only search engine that sacrifices advertising on the Home Page for the sake of simplicity. Only search fields appear on the Home Page. GoTo.com takes search back to what it was meant to be. "For us, 'search' is not a loss leader," said Jeffrey Brewer, CEO of GoTo.com. Search is what we're all about. While other search engines are adding complexity, we are stripping away all the clutter. We don't want to own your attention, like Yahoo! and AOL, keeping you locked up in their own content. We want to free you up to get to the best of the Internet. We don't do e-mail, we don't do chat, we don't do stock quotes. Our only goal is to get people to the web sites they are looking for in the fastest possible way." Search Made Simple GoTo's simple and uncluttered interface helps visitors find exactly what they are looking for in a very straightforward manner. The search field is the most prominent element on the Home Page, as well as on both the top and bottom of all Search Pages. Moreover, GoTo helps the consumer find great results by providing six very relevant "Related Searches" at the top and bottom of the page for the most popular searches. Users can search on GoTo.com in two easy ways. They can log on to GoTo.com and enter their search word or they can simply add the search term directly to the address field of their browser. For example, users can type "cars.goto.com" to find the most relevant search results for cars, while skipping the front page altogether. The Fastest Search Engine The lack of advertising on the Home Page and the very streamlined Results Pages enable GoTo to provide users with the fastest download time in the industry. Moreover, because users are immediately presented with search results without drilling through categories and directories, the "time to find" is also the quickest. "We are all about search, and everything we do is focused on giving our users the absolute best search experience," said Stephanie Sarka, senior vice president of marketing. "Our market research and user testing have confirmed that users want a search engine which is extremely simple, straightforward and intuitive, and which delivers extremely fast and relevant results. Moreover, users have categorically told us that GoTo meets this need better than any of the other search engines." About GoTo.com GoTo.com is another idealab! company. GoTo.com was founded in late 1997. Jeffrey Brewer, co-founder of CitySearch, was named CEO in February 1998. A proof-of-concept version of the service was introduced at the TED8 conference on Feb. 21, 1998. The company has experienced tremendous growth in traffic during this pre-launch period, currently generating impressions at the run rate of 12 million per month. GoTo.com is undertaking a major consumer marketing campaign, beginning today. The company has 25 employees and is located in Pasadena. About idealab! idealab! is the nation's largest Internet incubator, with more than 20 businesses in various stages of development, which employ more than 1, 000 people worldwide. Other idealab! companies include CitySearch, the industry-leading local information service; eToys.com, the leading online toy retailer; PeopleLink; Tickets.com; and IntraNetics. idealab! is based in Pasadena. -0- tjj/la* la/la CONTACT: KillerApp Communications  Calvin Fleming, 213/938-7600 cfleming@kappcomm.com KEYWORD: CALIFORNIA  INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET 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 a1008152b04111202bw1401f1618cnf-transportation3008152-16153206155-16 600044newsgrid nyase business usa corporate oregon 601029cnf+transportation+inc[(cnf)] 602417business_editors portland_ore business_wire to portland_cnf_transportation_inc cnf_administration technology_center cnf_adtech_center cnf_service_company portland emery_worldwide con-way_transportation_services menlo_logistics having chuck_dragon_cnf cnf's_portland cnf's cnf adtech_center_oracle_financial_services combined year_2000 dragon rob_tabb_cnf portland's_silicon_forest tabb palo_alto_calif additional 620078CNF Transportation's Portland Operation Expands, Becomes CNF ADTECH Center PORTLAND, ORE. (June 1) BUSINESS WIRE -June 1, 1998--To better describe its worldwide technical center in Portland, CNF Transportation Inc. is now calling its complex here, the "CNF Administration and Technology Center," or CNF ADTECH Center. The CNF ADTECH Center replaces the former CNF Service Company facility, but remains the $5-billion diversified transportation company's center for highly skilled technology, financial and administrative operations. CNF Transportation, founded in Portland in 1929, is a diversified transportation company with business activities in more than 200 countries. Its principal subsidiaries are Emery Worldwide, an international air freight company; Con-Way Transportation Services, a national network of regional less-than-truckload trucking companies; and, Menlo Logistics, a logistics management company with worldwide operations. The CNF ADTECH Center is located in Northwest Portland, employs more than 1,500 people and has an annual budget of more than $200 million, making it one of Portland's largest employers. "Having a new name that more specifically identifies who we are and what we do is especially critical now that we must continue to keep up with the high-growth demands of our company in the technical arenas," said Chuck Dragon, CNF administrative vice president in Portland. CNF's Portland career opportunities are being advertised in major cities nationwide and throughout Oregon. About 40 employees per month have been hired so far this year, with more needed to meet CNF's expansion plans. "We are implementing two of the industry's hottest re-engineering programs for CNF here at the ADTECH Center -- Oracle Financial Services and PeopleSoft Human Resources Information Systems. Combined with our Year 2000 transition and CNF's growing customer base as the company routinely secures multi-million dollar contracts, we must continue to bring in additional talent," said Dragon. "CNF ADTECH Center more accurately reflects our culture and that of the region," said Rob Tabb, CNF's chief information officer and vice president, who is based in Portland. "We're surrounded by some of the world's best-known high-tech companies in Portland's Silicon Forest, and we're undergoing massive and advanced systems' upgrades that are second to none," he said. "We're proud of CNF's rich heritage in the Northwest," said Tabb. "We're equally proud of how our center has become a highly evolved operation that adds tremendous value in support of a leading, global transportation company with numerous growth opportunities." CNF Transportation Inc., based in Palo Alto, Calif., employs more than 35,000 people and delivers a combined 100 million pounds of freight per day to addresses in more than 200 countries for more than 300,000 customers. Additional information and news about CNF Transportation Inc. can be obtained by visiting the company's website at http://www.cnf.com. -0- KS/se* CONTACT: CNF TRANSPORTATION  Deb Watros, 503/499-2376 watros.debra@cnf.com KEYWORD: OREGON INDUSTRY KEYWORD: TRANSPORTATION 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 a0605200391008152r02371202fu1401f3008152-16153206153-16 600030newsgrid usa commodity economy 602034flash currency financial stock end 620036* BOE ALLOTS STG263 MILLION IN BILLS End a1008152p07921202pr1401a1616va-lead-iq-study3008152-16153206155-16 600031newsgrid business usa corporate 602564effects childhood_exposure lead iq alexandria_va june1 journal american_statistical_association jasa correcting omitted-variables measurement-error_bias regression application effect jasa_vol no marais wecker ols based christine_waternaux eva_petkova columbia_university william_dumouchel at&t_laboratories-research problems using_auxiliary_information correct omitted_variables estimating niehs harvard_school public_health wecker's asa duke_street_alexandria_va_22314-3415 asa's_web asa's_journal articles important source_american_statistical_association 620049JASA ARTICLE REVISITS THE DEBATE OVER FINDINGS ON  The Effects of Childhood Exposure to Lead on IQ ALEXANDRIA, Va., June 1 /PRNewswire/ -- An article in the June 1998 issue of the Journal of the American Statistical Association (JASA) by M. Laurentius Marais and William E. Wecker claims that the previous evidence on the effects of childhood exposure to lead on IQ has been overstated. The article grew out of the authors' consulting to former manufacturers of lead-based pigment in a lawsuit. Several other articles in the same issue contest these claims. In "Correcting for Omitted-Variables and Measurement-Error Bias in Regression with an Application to the Effect of Lead on IQ" (JASA, Vol. 93, No. 442, pp. 494-504), Marais and Wecker reconsidered the ordinary least squares (OLS) regression analyses on which the conclusion that childhood exposure to lead affects IQ is based. They argue that four published studies which used OLS methods are biased by failure to take account of measurement error and of important omitted variables. Based on their re-analysis of the studies, they claim that the effects of childhood exposure to lead on IQ become non-significant when these biases are corrected for. Their conclusions are controversial and are contested in two lively discussions by experts in the fields of biostatistics, epidemiology, and public health -- Christine Waternaux and Eva Petkova of Columbia University and William DuMouchel of AT&T Laboratories-Research in their article "Problems with Using Auxiliary Information to Correct for Omitted Variables when Estimating the Effect of Lead on IQ" and by Walter J. Rogan of NIEHS and James H. Ware of the Harvard School of Public Health in their discussion of Marais and Wecker's paper. Marais and Wecker estimate standard deviations and correlations involving missing variables from other studies, but the discussants say that these quantities are population-specific, and therefore cannot be estimated using other studies. They also question Marais and Wecker's choice of the four studies among the many that were available, pointing out that epidemiologists prefer prospective to cross-sectional studies, but that Marais and Wecker did not include any of the available prospective studies. Marais and Wecker respond by saying this is due to missing variables. The discussants also make substantive points, including the fact that there is no scientific doubt that lead in substantial quantities is toxic to a child's brain. The issue is whether lower exposures cause permanent damage to the brain. For more information on this article and others in the Journal of the American Statistical Association, please contact the American Statistical Association (ASA) at 1429 Duke Street, Alexandria, VA 22314-3415, or call 703-684-1221 -- or visit ASA's Web site at