| Forecross Inks New Legacy to Web Contract
March 6, 2001
Contact: Pat Dittmar (Pat@forecross.com)
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SAN FRANCISCO, CA: Forecross® Corporation
(OTCBB: FRXX), a legacy to web and XML implementation solution company, announced today
that it has signed an agreement with an airline industry organization, for the conversion
of certain of its CA-IDMS application components to SQL.
The contract is valued at US$500,000, and relates to the first three of twelve phases that
Forecross defines as part of its legacy to web methodology. Upon successful completion of
these three phases, which includes planning, inventory and database mapping, the Company
believes that it may be awarded a subsequent contract for the remainder of the migration.
"We are quite pleased to have been awarded this contract. It will allow us to
showcase the flexibility of our software in fulfilling new and more complex customer
requirements for speed and consistency in automation, along with a thoroughly customized
design," commented Kim O. Jones, President and Chief Technology Officer. "We
look forward to a very successful initial project and to the substantial subsequent
contract to complete the entire migration."
About Forecross
Founded in 1982 as a high-technology software development laboratory, Forecross
Corporation is dedicated to the design and development of innovative conversion software.
Clients have included such leading corporations as Aetna Life Insurance Company, Brown
Brothers Harriman & Company, Charles Schwab & Co., BDM Technologies, Inc., IBM
Corporation and Bank of America NTSA for its migration software services. Teaming partners
of Forecross Corporation include, CIBER, Inc., SCB Computer Technology, Inc., and Tiburon
Technologies. |
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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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