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From: karl@grebyn.com (Karl A. Nyberg)
Subject: Alsys & Systeam Merger
Date: 11 Jun 90 13:05:38 GMT	[thread overview]
Message-ID: <20131@grebyn.com> (raw)


In a press release dated June 10 (yesterday), Alsys announced that it
had signed a merger agreement with Systeam that calls for merger of
the two companies.  Systeam will become Alsys GmbH, the German arm of
Alsys, following Alsys companies in France, the US, the UK, and
Sweden.  The projected 1990 revenues of the combined companies is
expected to be in excess of $25 million, with an estimated company
size of 225 employees.

-- Karl --

Karl A. Nyberg				karl@grebyn.com
Post Office Box 497			Grebyn Corporation
Vienna, VA 22183-0497 USA		+1-703-281-2194

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