ConSyGen joins AGISS in opening first center in Canada
[SI info on Agiss at Subject 15804]
Tuesday, July 01, 1997 08:46 AM ET
PHOENIX--ConSyGen Inc. (CSGI: NASDAQ BB) and AGISS Software Corp. (NASDAQ BB: AGCR) announced that they have entered into an agreement for the opening of ConSyGen's first international conversion center,
ConSyGen Inc. Canadian Conversion Center in the AGISS facilities in Ottawa.
According to Ron Bishop, president and CEO of ConSyGen, "This agreement enables ConSyGen to move ahead with its plans to offer automated Year 2000 conversion services at several locations throughout the world, both to extend the toolset's throughput capability and to confirm the commitment to our principal partners, such as AGISS, which is actively promoting the ConSyGen toolset for Canadian clients." Bishop continued, "We are delighted to have the opportunity to locate the first remote ConSyGen Conversion Center within the AGISS Ottawa facility, and
at the same time to evaluate the opportunities of opening additional Conversion Centers in other countries."
Scott Feagan, president of AGISS, stated: "Our Canadian clients have been searching for a local solution, particularly where security and confidentiality of data and programs are concerns. This Canadian Center is in direct response to those clients who have been reluctant to send their code off-shore. We are excited to be the first Conversion Center operating in Ottawa and we invite our Canadian clients to take advantage of this truly ground-breaking solution. The REMEDY2000(TM) solution for the millennium offers a client the option of having
AGISS provide complete end-to-end, full life cycle services for a Y2K project such as assessment, automated conversion and testing. As an alternative, we can tailor a solution that provides only the services required."
Bishop added: "In opening our first remote Conversion Center in Canada, we will not be dedicating any ConSyGen staff to the site, thereby demonstrating further that ConSyGen 2000 is a fully automatic system and an effective means of making many millions of lines of code compliant for the Year 2000 with only minimal human involvement."
ConSyGen Inc. uses its proprietary toolsets to provide fully automated conversions of mainframe hardware applications to open systems and Year 2000 conversions. AGISS Software Corp. is a Canadian company that offers its REMEDY2000(TM) solution, a Year 2000 service which incorporates the use of ConSyGen Inc.'s fully automated
conversion toolset, to government and commercial businesses.
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).
The information contained in this press release contains orward-looking statements concerning the company's financial performance and business operations. The company wishes to caution readers of this information that actual results might differ materially from those projected in any forward-looking statements. Factors which might cause actual results to differ materially from those projected in the forward-looking statements contained herein include the following: the company's inability to fund its business, either through continuing operations or
obtaining additional financing; failure of the company's ConSyGen 2000 toolset to enable the company to successfully convert software programs so that they are Year 2000 compliant; setbacks in developing the
ConSyGen 2000 toolset or the company's other software products; market acceptance of the company's products; competitive factors; technical obsolescence of the company's products; and the ability of the company to protect its proprietary information.
CONTACT: ConSyGen Inc., Phoenix
Ron Bishop, 602/496-4545
or
Martin E. Janis & Co., Chicago
Elliott Jacobson, 312/943-1100
Quote for referenced ticker symbols: AGCR, CSGI |
