| SAN FRANCISCO, CA: Forecross® Corporation
(VSE-FRX.U), a leading legacy Migration and year 2000 solution company, announced today
that it has been awarded a contract through one of its previously announced teaming
agreements to analyze and renovate for year 2000 compliance approximately one million
lines of C/C++. Under the agreement, which Forecross previously entered, the Company makes
available its Complete/2000™ solution and its fully-automated factory in San
Francisco to address the year 2000 renovation needs of its customers. The Forecross year 2000 flagship product Complete/2000™ provides
for the analysis and renovation of such unique languages as C/C++, CA-ADSO, APS, Clist,
CSP, CA-Easytrieve, CA-Ideal, IMSADF II, MetaCOBOL, PL/1, PowerBuilder, REXX, CA-TELON,
and CA-UFO. Complete/2000™ also assesses and renovates all versions of COBOL
including COBOL running on Micro Focus, MVS, HP, VM, VSE, AS/400, UNIX/AIX, DEC/VAX, Wang
and Tandem platforms.
"We are extremely pleased to be working with our teaming
partner on this important project," said Bernadette C. Castello, Senior Vice
President and CFO of Forecross Corporation. "We are quite confident that the
combination of project management of our partner and the Forecross Complete/2000™
solution are complementary skill sets that expedite the execution of what we believe will
be exceptional resolution to their client's year 2000 problem."
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. TRW, Inc. (BDM International), CIBER, Inc., NCR Corporation, and SCB Computer
Technology, Inc., are among the Forecross Complete/2000™ teaming partners. |
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 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. |
