Alchemy Software Development offers enterprise license deployment for Alchemy CATALYST™

Freedom License Programme comes with concurrent licensing and reduces TCO for large enterprises

DUBLIN – August 3, 2004 – Alchemy Software Development Limited, the market leading visual localization tools provider, today announced details of their new Freedom Licensing Programme. The Alchemy Freedom License offers large enterprises a multi-leveled, volume price solution on Alchemy product licenses that are installed on a centralized server and can be concurrently accessed across the enterprise. It is designed to dramatically reduce the complexity of purchasing, implementing and maintaining localization software in large organizations. Alchemy Software Development is the first visual localization tool vendor to offer such a solution to assist their enterprise clients run their localization business at a lower fixed cost with an easy-to-manage, per-desktop, annual license that includes software upgrades, maintenance and support.

“Alchemy Software Development is redefining the localization software market by offering a simple license that permits enterprises to quickly deploy visual localization tools within their development, testing and localization teams” said Tony O'Dowd, CEO and President of Alchemy Software Development. “Customers can now plan enterprise wide deployment of Alchemy CATALYST™ using a lower fixed cost per desktop, a more predictable cost of implementation and a lower total cost of ownership.”

The Alchemy Freedom License is designed to reduce the total cost of ownership to customers by combining the industry's leading visual localization technology with centralized license management and deployment. The licensing agreement is companywide, licensing all desktops for three years including software upgrades, support and self-help cyber services.

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

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/