For Immediate Release
Wednesday, February 23, 2000

Khoral Inc. Building Global Technology Transfer and Education Internet Portal

Consortium of New Mexico Organizations Fosters Collaborative Higher Education through ISTEC

Albuquerque, New Mexico, February 23, 2000 --

Khoral Inc. today announced a Web development and systems integration project in partnership with Albuquerque-based Ibero-American Science and Technology Education Consortium (ISTEC). Khoral will assist in the development and maintenance of an innovative educational science and technology Internet portal to increase technology transfer between universities, government organizations and corporate entities across the globe. ISTEC selected Khoral to help develop this comprehensive World Wide Web site to foster scientific and technological education through joint international efforts in research and innovation.

ISTEC is a non-profit organization comprised of over 100 educational, research and private sector institutions in the Latin American and Iberian regions. ISTEC's founder, Dr. Ramiro Jordan, is a professor of Electrical and Computer Engineering at the University of New Mexico. "Based upon the contributions that Khoral has made towards the advancement of science and technology, ISTEC is now able to bring a new form of institutional cooperation between all ISTEC participants," said Dr. Jordan.

New Mexico participants in the project include the City of Albuquerque Office of Economic Development, Sandia National Laboratories, Los Alamos National Laboratory, the University of New Mexico Electrical and Computer Engineering Department and Computer Science Department, Motorola's M.CORE semiconductor products division, Aquilla Technologies and Khoral Inc.

U.S. Senator Pete Domenici endorses this New Mexico-based effort. "ISTEC has successfully integrated industrial and academic interests, resulting in a working relationship that is economically sound and mutually beneficial to all members," said Senator Domenici.

The Internet portal project is a technology-based effort allowing ISTEC members to maximize collective resources, exchange information, identify common problems, develop solutions, and efficiently deliver services and products resulting in greater sustainable development.

"By combining the needs of our multidisciplinary partners with the resources that ISTEC possesses, Khoral is developing the most complete and extensive Internet portal in science and technology for the region," said Jack Whittier, President of Khoral.

Additional private sector participants in the ISTEC portal project include Motorola, Nortel, Microsoft, Sun Microsystems, Agilent Technologies, Inter-American Development Bank, Invenio Technology, and VeriBest.

About Khoral

Khoral Inc. is a leading edge software development company with extensive experience customizing software applications for commercial and government organizations. Since 1992, Khoros© technology has gained worldwide acceptance among major companies and organizations such as Sandia National Laboratory, E-Stamp, Eastman Kodak, Lockheed Martin, 3M, Dupont, Eurocontrol, the French Atomic Commission, and Raytheon. Today, Khoros technology optimizes software development, implementation and maintenance with Khoros Pro software and custom IDE/AS services that provide a competitive edge for companies around the globe. For more information, contact Khoral at info at khoral dot com or 505-268-2797. FAX: 505-268-7130. Detailed information is also available on the Khoral web site, www.khoral.com.

About ISTEC The Ibero-American Science and Technology Consortium (ISTEC) was created in 1990 as a non- profit organization to foster scientific, engineering and technology education through joint international research and development efforts. This membership organization comprised of academic institutions, government and private sector companies provides a cost-effective vehicle for technology transfer. ISTEC creates strategic alliances that utilize member technologies in more than 100 academic institutions and research centers across the Latin America and North America. ISTEC helps update research and development laboratories with member technology to develop projects in education, science and technology. To find out more about how ISTEC is promoting transnational cooperation through science and technology, please visit www.ISTEC.org.

© 2000 Khoral Inc. All Rights Reserved. Khoros is a registered trademark of Khoral Inc. Khoros Pro, Advanced Khoros, Khoros Pro 2000, Khoros Pro 2001, Integrated Development Environment / Applications and Systems (IDE/AS), Cantata, Craftsman, Composer, Guise, XPrism Pro and XPrism are trademarks of Khoral Inc. All product and company names are the sole property and trademarks or tradenames of their respective companies


Contacts: John M Salas, President
Khoral Inc.
505.268.2797
E-mail: salas at khoral dot com
Ramiro Jordan, Executive Director
ISTEC
505.277.2412