Donovan Searles, LLC Advises Hedge Funds And Investors Of Recently Filed Securities Class Actions

PHILADELPHIA--(BUSINESS WIRE)--Feb. 18, 2000--Investors have recently sued Analytical Surveys, Inc. (ANLT); Indus International Inc. (IINT); JDN Realty Corp. (JDN); Legato Systems, Inc. (LGTO); Policy Management Systems Corp. (PMS); Inso Corp. (INSO); and Sykes Enterprises, Inc. (SYKE) for alleged securities fraud.

If you purchased common stock of any of these companies and suffered a loss on your investment, you may be a member of the shareholder class and should consider contacting Donovan Searles, LLC concerning your legal rights and interests in these cases. You can contact the firm at (800) 619-1677.

ANALYTICAL SURVEYS, INC.: Analytical Surveys is alleged to have engaged in improper accounting after it announced a possible restatement of its 1999 financial statements. If you purchased stock in the period January 25, 1999 to January 26, 2000, and suffered a loss, you may be eligible for inclusion in the class action.

INDUS INTERNATIONAL, INC.: On January 29, 2000, the Company announced that after an in-depth review by the Company's auditors of its revenue recognition practices, it was restating its financial statements for the third quarter ending September 30, 1999, reducing net income by 89%.

Investors who purchased stock in the period October 29, 1999 to January 27, 2000, and who lost money on their investments, can be part of this class action.

JDN REALTY: The complaint charges the Company and its officers with concealing that certain officers had received undisclosed compensation in connection with certain real estate development projects. Investors who purchased stock in the period February 15, 1997 to February 14, 2000, and who lost money on their investments, can be part of this class action.

LEGATO SYSTEMS, INC: Legato Systems is charged with issuing false financial information during the October 20, 1999 through January 19, 2000 class period.

Specifically, the complaint alleges that the Company improperly recorded revenue on three contracts during the third and fourth quarters of 1999, artificially inflating the company's stock price. If you purchased Legato common stock during the class period, you may be able to participate in this action.

POLICY MANAGEMENT SYSTEMS: On February 10, 2000, the Company announced that it will not be releasing final 1999 fourth quarter and full year results as scheduled due to an incomplete audit, and that the Company now expects to report an operating loss.

Investors who purchased stock in the period October 22, 1998 to February 9, 2000, and who lost money on their investments, can be part of this class action.

INSO CORP.: The complaint charges Inso and certain of its senior officers and directors with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

The complaint alleges that defendants issued a series of materially false and misleading statements concerning the Company's successful transition to an e-Business Internet company and failed to disclose adverse trends in the demand for the Company's products and services.

Because of the issuance of a series of materially false and misleading statements the price of Inso common stock was artificially inflated during the Class Period.

The action further alleges that certain insiders sold thousands of shares of inflated Inso common stock in the open market while in possession of undisclosed adverse information concerning the Company's business and earnings. If you purchased Inso common stock between October 28, 1999, and February 1, 2000, inclusive (the ``Class Period''), you may be able to participate in this action.

SYKES ENTERPRISES, INC.: Sykes Enterprises common stock price plummeted more than 65% after announcing that it would not meet 1999 fourth quarter earnings expectations and after questions arose regarding the company's accounting.

The Company subsequently restated its second and third quarter 1999 financial results. Investors who purchased stock in the period April 26, 1999 through January 7, 2000 and who have lost money on their investments can be part of the class action.

If you are a member of the classes described above, you may want to protect your interests directly by serving as lead plaintiff. There are time limits within which you must act in order to serve as a lead plaintiff.

If you wish to discuss your rights or any of these actions, please contact Michael D. Donovan at Donovan Searles, LLC, 1845 Walnut Street, Suite 1100, Philadelphia, PA 19103; phone: (215) 732-6067, e-mail: mdonovan@donovansearles.com or by clicking here

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