Alchemy CATALYST™ 4.0/J spearheads company expansion into Asian markets

Alchemy Software Development introduces the first Japanese localized version of Alchemy CATALYST™ 4.0

DUBLIN and TOKYO – June 21, 2002 – AAlchemy Software Development is pleased to announce the release of its Japanese language version of Alchemy CATALYST™ 4.0, the market leader in integrated localization environments. Working in partnership with XLsoft Corporation, Alchemy CATALYST™ 4.0 is now available to Japanese corporations wishing to deploy translated versions of their award winning localization technology within their enterprise localization workflows.

“Since the introduction of our Japanese version of Alchemy CATALYST™ 4.0, the response from the market has been very encouraging”, said Tony O'Dowd, CEO and President of Alchemy Software Development, “with a number of large corporations, such as Intergraph and Sharp, deploying our technology within their localization departments.”

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. With support now extended to embrace the Microsoft .NET computing platform, it is an indispensable solution for enterprise-wide application localization reducing costs and facilitating ISVs in achieving near-simultaneous release of English and translated editions of their applications.

Recently awarded a Golden Globe Award for Best Localization Technology 2002 and Best Localization Tool 2002, Alchemy CATALYST™ 4.0 is the market leader in globalization technology.

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. With over 8,000 licenses worldwide, it is used by software development and globalization services 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.

Alchemy Software Development has offices and facilities in Canada, Europe, Asia-Pacific and the United States.

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