Piranha, Inc. and Typetec of Ireland Reach Dealership Agreement

Apr 05, 2001, 01:00 ET from Piranha, Inc.

    FREEHOLD, N.J., April 5 /PRNewswire/ -- Piranha, Inc.
 (OTC Bulletin Board:   BYTE), an innovator in data compression technology and
 workflow solutions, today announced an agreement with Typetec Ltd., a graphic
 arts solutions provider, to sell Piranha software throughout the Republic of
 Ireland and Northern Ireland.
     Typetec supplies a comprehensive range of digital imaging solutions to the
 graphic arts sector in Ireland. Its customers include all leading newspapers,
 printers, repro houses, publishers, designers, photographers and advertising
 agencies in that country.
     Typetec solutions include CreoScitex for Computer-to-Plate technology,
 Xerox for digital press solutions, and Hewlett Packard for server and RAID
 storage solutions.  The company, formed in 1982 and headquartered in Dublin,
 employs about 40 people.
     "At Typetec, we pride ourselves in being visionaries," said Tom Close,
 Typetec's managing director.  "Typetec saw the necessity for easy-to-use,
 accurate cross-platform compression software long before it was recognized as
 an important business utility by most of the industry. This agreement with
 Piranha allows us to realize that vision."
     "As we have built the network of dealers who are selling Piranha products
 across Europe, we have looked for aggressive marketing teams that supply their
 customers with innovative solutions," said Alan Fairnington, Piranha's
 director of international business and managing director of its London
 operation.  "Typetec certainly has established itself as that type of company
 and will play a key role in Piranha's international sales efforts."
     "We feel we have a network of industry leaders throughout the United
 Kingdom, Ireland, and Italy already in place," said Larry E. Greybill,
 president and COO of Piranha, Inc.  "In the next few weeks, we'll be
 announcing agreements throughout other countries in continental Europe as well
 as Asia.  In light of today's economic conditions, we are pleased that we have
 been able to stay on course with a plan that we believe will make Piranha a
 leading international technology company in 2001."
 
     About Piranha, Inc.
     Piranha, Inc. (OTC Bulletin Board:   BYTE) develops digital compression
 solutions to produce precise compressed images, sound and text for
 e-businesses, publishers and printers. Piranha delivers high-quality "lossy"
 and "lossless" data compression management solutions for printing, publishing,
 medical imaging, document storage and Internet-related businesses such as
 music, video, gaming, e-commerce, photos and advertising.  Piranha solutions
 increase the speed of Web pages and maximize bandwidth and storage.  Piranha
 products are available on Linux, Windows and Macintosh systems. More
 information is available at www.piranha.com .
 
     Safe Harbor Statement under the Private Securities Litigation Reform Act
 of 1995
     Included in this press release are certain "forward looking" statements
 within the meaning of the Securities Act of 1933, as amended.  Although the
 Company believes that the expectations reflected in such forward looking
 statements are reasonable, actual results may differ materially from those
 anticipated in the forward looking statements as a result of certain factors
 including sales levels, retention, competition trends, and other market
 factors.  This announcement does not constitute an offer of any securities for
 sale or a solicitation of an offer to buy any securities.
 
     CONTACT:  Larry Greybill of Piranha, Inc., 732-409-5144,
 larry.greybill@piranha.com , Alan Fairnington of Piranha's Impact Solutions,
 +44 (0) 20 7740 2516, alan.fairnington@piranha.com , or Molly Honan or David
 McKee of Schwartz Communications, 781-684-0770, piranha@schwartz-pr.com .
 
 

SOURCE Piranha, Inc.
    FREEHOLD, N.J., April 5 /PRNewswire/ -- Piranha, Inc.
 (OTC Bulletin Board:   BYTE), an innovator in data compression technology and
 workflow solutions, today announced an agreement with Typetec Ltd., a graphic
 arts solutions provider, to sell Piranha software throughout the Republic of
 Ireland and Northern Ireland.
     Typetec supplies a comprehensive range of digital imaging solutions to the
 graphic arts sector in Ireland. Its customers include all leading newspapers,
 printers, repro houses, publishers, designers, photographers and advertising
 agencies in that country.
     Typetec solutions include CreoScitex for Computer-to-Plate technology,
 Xerox for digital press solutions, and Hewlett Packard for server and RAID
 storage solutions.  The company, formed in 1982 and headquartered in Dublin,
 employs about 40 people.
     "At Typetec, we pride ourselves in being visionaries," said Tom Close,
 Typetec's managing director.  "Typetec saw the necessity for easy-to-use,
 accurate cross-platform compression software long before it was recognized as
 an important business utility by most of the industry. This agreement with
 Piranha allows us to realize that vision."
     "As we have built the network of dealers who are selling Piranha products
 across Europe, we have looked for aggressive marketing teams that supply their
 customers with innovative solutions," said Alan Fairnington, Piranha's
 director of international business and managing director of its London
 operation.  "Typetec certainly has established itself as that type of company
 and will play a key role in Piranha's international sales efforts."
     "We feel we have a network of industry leaders throughout the United
 Kingdom, Ireland, and Italy already in place," said Larry E. Greybill,
 president and COO of Piranha, Inc.  "In the next few weeks, we'll be
 announcing agreements throughout other countries in continental Europe as well
 as Asia.  In light of today's economic conditions, we are pleased that we have
 been able to stay on course with a plan that we believe will make Piranha a
 leading international technology company in 2001."
 
     About Piranha, Inc.
     Piranha, Inc. (OTC Bulletin Board:   BYTE) develops digital compression
 solutions to produce precise compressed images, sound and text for
 e-businesses, publishers and printers. Piranha delivers high-quality "lossy"
 and "lossless" data compression management solutions for printing, publishing,
 medical imaging, document storage and Internet-related businesses such as
 music, video, gaming, e-commerce, photos and advertising.  Piranha solutions
 increase the speed of Web pages and maximize bandwidth and storage.  Piranha
 products are available on Linux, Windows and Macintosh systems. More
 information is available at www.piranha.com .
 
     Safe Harbor Statement under the Private Securities Litigation Reform Act
 of 1995
     Included in this press release are certain "forward looking" statements
 within the meaning of the Securities Act of 1933, as amended.  Although the
 Company believes that the expectations reflected in such forward looking
 statements are reasonable, actual results may differ materially from those
 anticipated in the forward looking statements as a result of certain factors
 including sales levels, retention, competition trends, and other market
 factors.  This announcement does not constitute an offer of any securities for
 sale or a solicitation of an offer to buy any securities.
 
     CONTACT:  Larry Greybill of Piranha, Inc., 732-409-5144,
 larry.greybill@piranha.com , Alan Fairnington of Piranha's Impact Solutions,
 +44 (0) 20 7740 2516, alan.fairnington@piranha.com , or Molly Honan or David
 McKee of Schwartz Communications, 781-684-0770, piranha@schwartz-pr.com .
 
 SOURCE  Piranha, Inc.