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EXHIBIT 99.2
VIASOFT, INC. APPOINTS NEW BOARD MEMBERS
Viasoft Announces Appointment of Arthur L. Allen as Chair/President/CEO;
Kristine Kennedy Rieger as Sr. VP/Secretary/General Counsel; and Patrick L.
Pullen as Sr. VP/CFO
PHOENIX, ARIZONA (June 8, 2000) -- Viasoft, Inc. (Nasdaq NM: VIAS) announced
today the resignation of John J. Barry III, Alexander S. Kuli, and J. David
Parrish from its board of directors and the appointment of Arthur L. Allen,
Kristine Kennedy Rieger and Patrick L. Pullen as directors to fill the
vacancies left by the resigning directors. In addition, Mr. Allen, the founder
and sole shareholder of Allen Systems Group, Inc., has been appointed Chair,
President, Chief Executive Officer and Treasurer, Ms. Rieger has been elected
Senior Vice President, Secretary and General Counsel and Mr. Pullen has been
appointed Senior Vice President and Chief Financial Officer, of Viasoft. The
resignations and appointments were made in accordance with the terms of a
merger agreement governing the combined cash tender offer for Viasoft, Inc.
common stock conducted by ASG Sub, Inc., a wholly-owned subsidiary of Allen
Systems, and Viasoft, in which ASG Sub and Viasoft have accepted for purchase
approximately 93% of the outstanding shares of Viasoft which were validly
tendered in the offer for $8.40 per share in cash. Allen Systems intends to
cause ASG Sub to be merged into Viasoft, after which merger Viasoft will be a
wholly-owned subsidiary of Allen Systems. Remaining Viasoft shareholders, other
than ASG Sub, will receive $8.40 per share in cash in the merger.
ABOUT ALLEN SYSTEMS GROUP
Founded in 1986, Allen Systems Group, Inc. ("ASG") is a privately held,
computer software company that focuses on providing enterprise software for
breakthrough productivity. ASG provides a suite of Enterprise Productivity
Software Solutions to improve the productivity and performance of corporate IT
systems. Customers worldwide rely on ASG software and services to provide
around-the-clock, behind-the-scenes management of applications, systems and
data.
ASG employs more than 400 associates worldwide. Headquartered in
Naples, Florida, ASG has offices in California, Texas, Georgia, Australia,
France, Germany, Italy, Singapore, South Africa and the United Kingdom, as well
as distribution channels in Asia, Europe, Israel, and Latin America. For more
information, please visit the company's World Wide Web site at www.asg.com.
ABOUT VIASOFT
Viasoft is a leader in understanding enterprise applications to help
companies realize the greatest return on their information technology
investments. Viasoft provides business solutions consisting of specialized
professional services and award-winning software that are designed to enable
customers worldwide to cost-effectively manage and evolve their information
technology assets. Viasoft provides a broad range of products and consulting
services to support the
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application modernization needs of large organizations worldwide, including
implementation of e-business within their operations.
Headquartered in Phoenix, Arizona, Viasoft provides sales and
professional services through regional offices in the United States, Canada,
Australia, Europe and a network of international subsidiaries, distributors and
resellers. For more information on Viasoft's services and technologies, please
visit the company's World Wide Web site at www.Viasoft.com.
IMPORTANT INFORMATION
CERTAIN STATEMENTS IN THIS RELEASE ARE FORWARD-LOOKING STATEMENTS,
WHICH ARE BASED ON CURRENT EXPECTATIONS AND ARE SUBJECT TO A NUMBER OF RISKS
AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY
EXPECTED FUTURE RESULTS, EXPRESSED OR IMPLIED, BY THE FORWARD-LOOKING
STATEMENTS. INTERESTED PARTIES SHOULD REFER TO THE DISCLOSURE SET FORTH IN
VIASOFT'S RECENT PUBLIC FILINGS FOR ADDITIONAL INFORMATION REGARDING RISKS
AFFECTING VIASOFT'S FINANCIAL CONDITION AND RESULTS OF OPERATIONS. NEITHER
ALLEN SYSTEMS GROUP, ASG SUB NOR VIASOFT ASSUMES ANY RESPONSIBILITY TO UPDATE
ANY OF THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN.
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