| SAN FRANCISCO, CA: Forecross Corporation (OTCBB
-- FRXX), a legacy and Year 2000 solution company, announced today that it has
signed an agreement with NGSET, Conseil et Services en Informatique, under which Forecross
will establish its first remote secure factory, located in the facilities of this French
software and consulting services firm. With a factory facility in Rueil-Malmaison, a
suburb of Paris, Forecross will be able to provide its automated factory services for year
2000 renovation and independent validation, without requiring the shipment of customer
code to its U.S. factory. The factory will be operated and controlled directly by
Forecross via secure Internet links. "This
facility represents a whole new arena of opportunity for Forecross. Forecross can locate
these secure servers at any site, commercial or government, where security and/or speed
are major issues, and then operate the servers remotely in a secure mode over the
Internet. The customer’s code never leaves the customer’s site, and Forecross
can control the project remotely over the net," said Kim Jones, President and CEO of
Forecross Corporation.
NGSET, Conseil et Services en Informatique is a French
company, established in 1994 that provides transformation services to its customers.
Additional information about NGSET is available on the Internet at http://www.ngset.com
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,
Brown Brothers Harriman & Company, Charles Schwab & Co., Royal Bank of Canada,
Bank of Montreal, Fujitsu Limited, On-Line Software International, Inc., Pansophic
Systems, Inc., Price Waterhouse, Cincom Systems, Inc., Kimberly-Clark Corporation, BDM
Technologies, Inc., and Bank of America National Trust and Savings Association for its
Migrations software services, and NCR Corporation, SCB Computer Technology, Inc., and EDS
for its Complete/2000TM offerings. |
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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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