ALCHEMY and OMEGA FIRST Announce Partnership for CATALYST in the UK

Premiere distributor of multilingual products makes reaching international markets easier

DUBLIN – May 25, 2001 – Alchemy Software Development Limited, owner of Alchemy CATALYST™, the global leader in integrated language localisation, and Omega First Limited, the primary supplier of foreign language and translation software in the UK, have today announced a partnership to bring the world leading Alchemy CATALYST integrated localisation environment to the UK market.

Alchemy CATALYST™ provides an environment in which Windows program and help files (DLL, EXE, INI, RTF, CNT, CPP, HPP, etc.) can be translated to and from foreign languages. This reduces the complexity of handling, distributing, translating and updating large number of varying file formats while making the program and help files available to an international audience.

According to Tony O'Dowd, CEO of Alchemy and previously Executive Vice President and General Manager of Corel Corporation Limited, where CATALYST™ has its origins, “We're delighted to be partnering with Omega First, the premiere distributor of multi-lingual products in the UK. Omega First is well known for its professional customer and product services, choosing only the best-of-breed solutions for their customers.”

Omega First was established in 1994 to specialise in multilanguage versions of Microsoft products for the UK market. While Omega remains the largest distributor of such products for Microsoft, the company has since expanded into the distribution of all language-specific translation, tuition and voice recognitions products and services. Omega First's strategy to offer complete language solutions to all businesses is supported by the inclusion of Alchemy CATALYST™.

“CATALYST™ sits alongside our existing solutions in computer-aided translation and foreign language software to significantly augment the foreign language solutions set available to the UK market”, said Gordon Hewett, Managing Director of Omega First. “This is by far the most advanced and easiest to use localisation environment that we have seen, and its seamless integration of the language and translation tools that we provide for translators, software developers, QA specialists and project managers makes Alchemy a natural partner for Omega.”

About Omega First Limited
Omega First Limited is the UK's main provider of foreign language and translation systems. Its motivation is to supply expertise and the best technologies for every aspect of language operations, including document and Internet translation and software localisation between any language pairs. It is the supplier of language and translation systems to several thousand organisations, including many of the top 500 UK and global companies as well as government departments. Within its field Omega First is the UK distribution partner for Microsoft, Trados, Systran and Transparent, and provides software for all aspects of language and translation, including voice recognition and language tuition. Omega First can also manage the complete integration of human translation and supporting systems. For further information about Omega First and to access interactive web dictionary and translation services, please visit www.omega-first.com

About 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 and leader in visual translation and engineering solutions. Corel Corporation has acquired a 25% stake in Alchemy Software Development Ltd. Alchemy CATALYST™ technology is designed to boost the efficiency and quality of globalizing software products and is used by over 7,000 customers 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. For more details, please visit www.AlchemySoftware.ie