| SAN FRANCISCO, CA: Forecross® Corporation
(VSE-FRX.U), a leading legacy Migration and year 2000 solution company, announced today
that it has signed a non-exclusive joint marketing agreement with Sapiens Americas, a
subsidiary of Sapiens International (NASDAQ: SPNSF) and a leading provider of large-scale
IT business solutions. As a result of this North American agreement, both companies offer
the capability to analyze and renovate code in sixteen common and unusual computer
languages. The Forecross year 2000 flagship
solution, Complete/2000® analyzes and renovates unique languages as CA-ADSO,
APS, C, C++, Clist, CSP, CA-IDEAL, IMSADF II, MetaCOBOL, PowerBuilder, REXX, and CA-Telon.
Sapiens offers a full range of year 2000 solutions to
analyze, convert, and test PL/I, Easytrieve, SAS, and COBOL languages, and Sapiens
Falcon2000TM workbench is the leading tool for Assembler year 2000 compliance.
Additionally, the Sapiens Y2KTM toolkit and testkit feature configuration
mapping, audit/verification, and testing capabilities that support the flow of year 2000
and other large scale IT projects.
Commenting on the agreement, Monica Wooden, Senior Vice
President, Sapiens: "Forecross has extensive experience providing services in their
unique languages niche, similar to the position Sapiens holds as the worldwide leader in
the Assembler marketplace. This partnership encourages wider distribution and extends
greater service offerings to our clients."
"Through this alliance, Forecross and Sapiens now offer
the broadest product suite of non-MVS COBOL languages worldwide, as well as solutions for
MVS COBOL," added Bernadette C. Castello, Senior Vice President, Forecross
Corporation. "This unique span of product solutions reinforces our ability to offer
prospects and customers solutions for an extensive range of their multiple language
needs."
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. TRW, Inc. (BDM
International), CIBER, Inc., NCR Corporation, and SCB Computer Technology, Inc., are among
the Forecross Complete/2000® teaming partners.
About Sapiens
Sapiens is a leading provider of enterprise-wide solutions for the rapid development of
scaleable, mission-critical software applications. The Company's solutions also are
targeted at specialized software redevelopment problems, such as those related to the
"year 2000" and the adoption of a single European currency. Representative
customers of Sapiens include AGF/SI, General Accident Insurance Group, Guardian Royal
Exchange, IBM, International Paper, Principal Financial, and Siemens Energy &
Automation. Information about Sapiens and its products is available at http://www.sapiens.com. |
SAPIENS Y2K and Falcon2000 are trademarks of
Sapiens International Corporation N.V. Other brand and product names are trademarks and/or
registered trademarks of their respective holders. Brand and product names are mentioned
herein for reference purposes only.
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. |
