Enterprise development companies embrace Alchemy CATALYST™ 4.0

Alchemy CATALYST™ 4.0, the first Secure XML solution find favor with the ISV community

DUBLIN – October 26, 2001 – Alchemy Software Development, a world leader in localization technology solutions, today announced unprecedented market response to Alchemy CATALYST™ 4.0, it's secure XML localization solution. Alchemy Software Development has enjoyed record sales to both new and existing customers across diverse industry sectors, including major companies such as IBM, Philips, Siemens, Cisco and JD Edwards.

“With the slow down in the world economy, companies are investing in localization technology solutions that deliver immediate productivity gains and cost savings ”, said Tony O'Dowd, CEO Alchemy Software Development, “With the integrated localization environment of Alchemy CATALYST™ 4.0™, companies are using our technology to enhance their competitive edge and deliver high quality products to the international markets in dramatically reduced lead-times.”

“As our technology spans the entire localization workflow”, said Enda McDonnell, Director Engineering, Alchemy Software Development, “our customers are benefiting from not only reduced translation costs using our unique ezMatch™ translation memory technology but also reducing their internal testing and engineering costs, especially with XML based file formats. The efficiency gains created by deploying a solution that spans all aspects of the localization workflow ensures that products reach International markets, quicker and with higher consistency and quality”.

Driven by innovation and breakthroughs in translation technologies, Alchemy CATALYST™ 4.0 boosts speed, improves quality and reduces cost for all professionals involved in the localization workflow. It combines secure editing environments for XML/HTML based applications and web sites with advanced contextual translation memory technology and introduces the fastest and most productive mechanism for translating repetitive text segments, all integrated into a single finely tuned project management environment.

Alchemy CATALYST™ 4.0 includes the following pioneering and innovative features: - Secure XML/HTML Translation environment, Alchemy Replica™, quite simply the fastest way to translate repetitive text segments, enhancements to Alchemy ezMatch™ Translation Memory technology, Alchemy szScript™ and a host of other enhancements to it Windows translation environments and editors.

Alchemy Software Development Ltd. has its headquarters in Dublin, Ireland at Harcourt Business Centre, Harcourt Street, Dublin 2.

Alchemy Software Development Limited
Alchemy Software Development is a company formed by the original developers and designers of Corel CATALYST™, an integrated translation environment and a pioneer in visual translation and engineering solutions.

Alchemy's technology is designed to boost the efficiency and quality of globalizing software products and is used by over 270 software development and globalization companies worldwide. Alchemy CATALYST is used by translators, software engineers, quality assurance specialists and project managers and is referred to as the Gold Standard in Localisation. Corel Corporation Limited holds a 24.9% stake in Alchemy Software Development Ltd.

For more information on the company and its products, please refer to www.alchemysoftware.ie.