| SAN FRANCISCO, CA: Forecross® Corporation
(OTCBB: FRXX), a legacy to web and XML implementation solutions company,
announced today that it has hired Donald Estes as Director of Product Architecture. "We are very pleased to have Don join us," commented Kim O.
Jones, President and Chief Executive Officer. "Don is the author and architect of the
automated testing software that Forecross recently acquired. With more than twenty-five
years experience in the industry, particularly in applying language processing technology
to automated change and testing solutions for enterprise computing, Don is the right
person at the right time to get our XML products out the door."
"There is a terrific opportunity in the market for XML
products and services," said Don Estes. "B2B e-commerce will exacerbate the
problems which have plagued the industry since its inception. You can really solve these
problems only if you handle the data properly, and XML is the technology that will
facilitate just that. Other approaches are just Band-Aids.
"Automating the changes needed to legacy systems to take
advantage of XML, and automating the testing which is so critical to controlling costs and
business risks, is exactly the right approach. The products we are deploying will provide
the foundation for successful B2B e-commerce implementations right across the
economy."
Mr. Estes is a graduate of MIT and the University of Texas.
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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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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