SAN FRANCISCO, CA: Forecross®
Corporation (VSE-FRX.U), a leading legacy Migration and year 2000 solution company,
announced today the results of rigorous benchmark testing of its Complete/2000tm factory
server computers. Measurements taken on the slowest of the 35 machines in the
Complete/2000tm production engine pegged the facility's capacity to parse, analyze and
renovate code for year 2000 compliance at just over 35 million lines per 24 hours of
machine time. While this throughput number does not include the time between analysis and
renovation when the customer is reviewing the date impact results, each of the 35
production servers runs independently of the others and workload management techniques
allow virtually all machines to be producing at all times.
"Our Complete/2000™ production engine
will allow Forecross and the marketing and consulting branches of our teaming partners to
offer customers what we believe is the fastest turnaround time for Y2K code analysis and
renovation in the industry," stated Kim O. Jones, President and CEO. "We look
forward to demonstrating this dramatic production capability to any qualified, interested
party." Forecross also announced today that it received recognition by the San
Francisco Business Times when the newspaper published a list of the 100 Fastest Growing
Public Companies in the Bay Area.
Forecross Corporation is featured in this select
group ranking as number twenty. The companies were selected based on percent revenue
growth over eleven quarters (approximately a three year period), and used an algorithm to
extrapolate an average growth percentage curve to smooth any aberrations from spikes.
Other companies recognized (and their rankings) included Ascend Communications (three), E
Trade (twelve), Peoplesoft (twenty-five), Hambrecht & Quist (fifty-two), Oracle
(seventy-two), Wells Fargo (seventy-seven), Charles Schwab (eighty-four) and Williams
Sonoma (ninety-eight).
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, SCB
Computer Technology, Inc. are among the teaming partners of Forecross Corporation for its
Complete/2000™ 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 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. |
