| Forecross Announces Acquisition of Automated Testing
Technology
May 10, 2000
Contact: Pat Dittmar (Pat@forecross.com)
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SAN FRANCISCO, CA: Forecross® Corporation
(OTCBB: FRXX), a legacy to web and XML implementation solutions company, announced today
that it has acquired perpetual exclusive rights to a proven automated testing technology.
"First, we believe that this technology will enhance efficiency and profit margins on
our legacy migration projects. Further, it will form the basis for another addition to the
Forecross Sentinel product line which will be marketed as TestSentinelTM
," commented Kim O. Jones, President and Chief Executive Officer. "Testing can
be 50% to 80% of the total cost of a major project. TestSentinelTM can cut that cost by
1/3 to 1/2 or more. It will be marketed in conjunction with the Company's traditional
migration offerings and new XML solutions. Equivalence testing is particularly important
in XML projects, where we have to establish that the programs work identically with their
legacy non-XML predecessors, and that the XML itself was defined correctly."About Forecross
Founded in 1982 as a high-technology software development laboratory, Forecross
Corporation is dedicated to the design and development of innovative software to re-deploy
and sustain legacy applications on the Internet. Clients have included such leading
corporations as Aetna Life Insurance Company, Brown Brothers Harriman & Company,
Charles Schwab & Co., IBM Corporation and Bank of America NTSA for its re-deployment
software and services. Teaming partners of Forecross Corporation include KPMG Consulting,
Hitachi Data Systems, TRW, Inc. (BDM International), CIBER, Inc., SCB Computer Technology,
Inc., and Sapiens Americas (a subsidiary of Sapiens International). |
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On Behalf of the Board of Directors,
Mr. Kim O. Jones
President and CEO
Forecross Corporation
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Except for historical information contained herein, the matters set
forth in this release are forward-looking statements that are dependent on certain risks
and uncertainties, including such factors, among others, as market acceptance, market
demand, pricing, changing regulatory environment, changing economic conditions, risks in
new product and service development, the effect of the company’s accounting policies
and other risk factors detailed in the Company’s SEC and BCSC filings.
The U.S. Securities and Exchange Commission has not reviewed and does
not accept responsibility for the adequacy or accuracy of this News Release, which has
been prepared by the Company.
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