SAN FRANCISCO, CA: Forecross® Corporation
(VSE-FRX.U), a leading legacy Migration and year 2000 solution company, announced today
that it has signed a contract with NGSET, a consulting firm based in France, to upgrade
1700 programs from COBOL/VS to COBOL for MVS, for one of NGSETs customers. Forecross
will use its ReDirect software product to automatically translate the older dialect
contained in these COBOL programs so that they may take advantage of newer COBOL compilers
which among other features are Y2K compliant.
The ReDirect product has been in use at
Forecross since its initial deployment nearly ten years ago. We have been using
ReDirect as a standard part of our legacy Migrations without much notice for a long time.
This new found popularity is, I believe, a direct result of the year 2000 initiative.
There are billions of lines of older COBOL out there, and we can upgrade them alone with
ReDirect, or as part of our Complete/2000 solution, said Bernadette C. Castello,
Senior Vice President and CFO of Forecross Corporation.
The Forecross flagship year 2000 product,
Complete/2000, assesses and renovates all versions of COBOL. The Company analyzes
and automatically renovates COBOL running on Micro Focus, MVS, HP, VM, VSE, AS/400,
UNIX/AIX, DEC VAX, Wang and Tandem platforms. Forecross provides a service in its
Automated Migration Factory called Redirect that automatically upgrades COBOL programs
written in older versions prior to ANSI 85 COBOL II so that they will compile successfully
under the new year-2000-compliant COBOL compilers, such as COBOL/370 and COBOL for MVS.
Beyond the language of COBOL, Complete/2000 assesses and renovates C, C++, PL/I,
PowerBuilder, CA-Easytrieve, REXX, IMSADF II, APS, CPS, CA-ADSO, CA-Telon, CA-Ideal, Clist
and CA-UFO.
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 IBM
Corporation, Aetna Life Insurance Company, Brown Brothers Harriman & Company, Charles
Schwab & Co., BDM Technologies, Inc., and Bank of America NT&SA for its Migration
software services. Teaming partners include TRW, Inc. (BDM International), CIBER, Inc.,
NCR Corporation, SCB Computer Technology, Inc., and Electronic Data Systems Corporation
(EDS) for its Complete/2000TM offerings. |
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 companys
accounting policies and other risk factors detailed in the Companys SEC and BCSC
filings.
The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this News Release, which has been prepared
by the Company. |