Stock Watch: IBM Alliance Boosts Alysis

Alysis Technologies (Nasdaq: ALYS) rose 13/16 to 3 13/16 Wednesday after the company said IBM (NYSE: IBM) will bundle Alysis’ electronic billing and payment software with IBM e-business products.

“Forming this relationship is a key strategic move for Alysis,” said Scott Baker, vice president of strategic alliances at the software company. “IBM offers a best of breed platform for e-business applications and is a key infrastructure provider to many of the large organizations we are targeting.”

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