Alchemy CATALYST™ 5.0 - Free Enhancement Pack Released

Market Leader releases FREE enhancement pack with innovative mobile licensing technology

DUBLIN – February 9, 2004 – Alchemy Software Development, the market leader in visual localization solutions, today announced the availability of Alchemy CATALYST™ 5.01. This is a FREE enhancement pack that improves the power and flexibility of deploying Alchemy CATALYST™ within large localization and development teams. Alchemy Software Development has a tradition of releasing a FREE annual enhancement pack for their client base worldwide, which exceeded 10,000 registered licenses during 2003.

“This is a significant enhancement pack for our clients”, said Tony O'Dowd, CEO of Alchemy Software Development, “as it contains a number of important software updates and also our revolutionary GoMobile™ License Technology. This allows our clients to share Alchemy CATALYST™ licenses within their workgroup, making Alchemy CATALYST™ accessible on virtually any machine within their organization. This will improve the flexibility of using Alchemy CATALYST™ in a large localization team and reduce the total cost of ownership for our clients”.

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

The enhancement pack is available for free download to all users of Alchemy CATALYST™ 5.0 at www.AlchemySoftware.ie.

Alchemy Software Development Limited
Alchemy Software Development is the market leader and pioneer of Software Globalization Solutions. Multinational enterprises developing applications for Java, Windows9x, NT, ME, 2000, XP, SymbianOS, .NET, and XML, use Alchemy technology to accelerate entry to international markets, improving revenue growth opportunities and reducing their costs.

Alchemy's technology is designed to boost the efficiency and quality of globalizing software products and is used by software development and globalization companies worldwide. With over 8,000 licenses installed worldwide, Alchemy CATALYST™ is used by translators, software engineers, quality assurance specialists and project managers and is referred to as the Gold Standard in Localization.

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 http://www.alchemysoftware.ie/