Englewood, Colorado,  October 21, 1994.    Alembic Systems
international, Ltd., and Object Technologies, Inc. today announced
that the shareholders of Alembic have approved the plan previously
negotiated and approved by both corporations for the reorganization
of Alembic.

The plan approved today provides for the acquisition of the Alembic
name, and all assets and contracts of Alembic by Object Technologies
which will continue Alembic's business from its former offices.
Both corporations are also pleased to announce that the key employees
of Alembic will be working for Object Technologies thereby guaranteeing
that there will be no interruption of service to our vendors or
customers.  The acquisition plan provides cash for Alembic to pay
its creditors, provides that Object Technologies will assume all
contract obligations of Alembic after November 3, 1994.

Object Technologies will operate as "Alembic/Object Technologies"
beginning Thursday, November 3, 1994.  Questions regarding the
reorganization should be directed to Jim Pratt, President of Alembic
and  the President of Object Technologies,  at (303) 799-6223, or
to Jim Underhill, the attorney for the corporation at (303) 721-7112.