ConSyGen to finance Year 2000 conversions
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Wednesday June 18 8:31 AM EDT
Company Press Release
ConSyGen to finance Year 2000 conversions
Offers plan to prevent delays
PHOENIX--(BUSINESS WIRE)--June 18, 1997--ConSyGen Inc. (NASDAQ:BB - news) today announced a plan that is aimed at
corporations and federal, state and city agencies who do not have budgeted funds to correct their Year 2000 problems.
Effective immediately, ConSyGen, using its ConSyGen 2000 (patent pending) automated toolset, will perform Year 2000 code
conversions with 20 percent down and the remainder financed over five years at ten percent interest.
Ron Bishop, president and chief executive officer stated, ``With our automated toolset, we have the capability to make over 2 million
lines of code, virtually overnight, to be year 2000 compliant, after the cataloging, date origins and cross references have been verified.''
Bishop continued, ``This plan will permit clients to proceed immediately in making their software Year 2000 compliant without waiting
to obtain funding for the full project.''
In explaining how ConSyGen could afford to offer such a plan, Bishop said, ``ConSyGen has less overhead because it has a fully
automated toolset that does not need the hundreds of programmers that some of our competitors require for conversions. By getting their
code compliant for the Year 2000 now, clients will have the opportunity to do extensive testing on their converted software well before
the Year 2000 arrives while, at the same time, taking advantage of any tax benefits that may be available to them because of this
expenditure.''
ConSyGen Inc. is a Phoenix-based software company that provides conversion/correction services with its proprietary technologies.
The company's ConSyGen 2000 software is a fully-automated toolset that automatically corrects dates in both source code and data to be
compliant for the Year 2000 and beyond. The company's ConSyGen Conversion toolset automatically converts software to run a
different hardware platform...For example, software running on older Bull, IBM, Unisys, etc., mainframes can automatically be
converted to run on the new Client/Server platforms (often called downsizing).
Contact:
ConSyGen Inc., Phoenix
Ron Bishop, 602/496-4545
or
Martin E. Janis & Co. Inc., Chicago
Elliott Jacobson, 312/943-1100
More news for referenced ticker symbols: BB, CSGI, and related industries: computer.
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