| SAN FRANCISCO, CA: Forecross®
Corporation (OTCBB-FRXX; VSE-FRX.U), a legacy Migration and year 2000 solution company,
announced today that it is de-listing from the Vancouver Stock Exchange effective at the
end of trading tomorrow, Wednesday, October 28, 1998. The
Company's stock is now being quoted by nine market makers on the Over the Counter/Bulletin
Board including Knight Securities and Herzog, Heine, Geduld.
"Forecross would like to consolidate the trading in its
stock where most of the stock is held and, with that in mind, we are de-listing from the
Vancouver Stock Exchange," commented Bernadette C. Castello, Senior Vice-President
and CFO.
The Bulletin Board is a National Association of Securities
Dealers, Inc. (NASD®) regulated quotation service that displays real-time
quotes, last-sales prices, and volume information in over-the-counter (OTC) equity
securities.
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 for its Complete/2000®
offerings include AASKI Technologies, Ltd., TRW, Inc. (BDM International), CIBER, Inc.,
Information Sciences Group, Inc., NCR Corporation, Quality Systems Inc. (formerly known as
Tracor, Inc., now a subsidiary of Marconi North America, a subsidiary of General Electric
Company, p.l.c.), SCB Computer Technology, Inc., and Sapiens Americas (a subsidiary of
Sapiens International). |
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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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