WATCH LIST: ISLI Y2K alliance with MCI!
Check out this stock. Big alliance with MCI. Also look at the charts. Near 52 week high. Should breakout tomorrow.
ATLANTA, and ROCKVILLE, Md., Aug. 4 /PRNewswire/ -- MCI Systemhouse Inc.,
MCI's global information technology company, and INTERSOLV (Nasdaq: ISLI), the
leader in application enablement software, announced today a strategic Year
2000 (Y2K) alliance. By combining Systemhouse's 20-plus years of IT expertise
and expansive Y2K product portfolio with INTERSOLV's Y2K applications
products, companies now have access to even more powerful business solutions
to prepare for the new millennium.
The INTERSOLV alliance reinforces Systemhouse's strategy of providing
comprehensive Y2K enterprise-wide solutions. MCI Systemhouse will leverage
this strategic alliance and its own expertise to help clients assess, re-
engineer and improve their overall IT infrastructure for Y2K and beyond.
"We view the Year 2000 as a global business issue, and these alliances
fortify our Y2K strategy and the customer benefits it delivers," said Sue
Ernst, senior vice president and chief delivery officer at MCI Systemhouse.
"Our alliance with INTERSOLV combines one of the industry's leading Y2K
applications software providers with Systemhouse's proven expertise. This
synergy extends our ability to manage the many facets of Year 2000 compliance
within an organization."
Systemhouse has targeted world class vendors with the industry's leading
Y2K products and technologies to address the Y2K challenge. INTERSOLV supports
Systemhouse's full lifecycle approach to the millennium problem.
INTERSOLV will work with Systemhouse to maximize organizations' Year 2000
conversion efforts by providing the framework for effective application system
remediation, testing and change management. Systemhouse will leverage
INTERSOLV's Factory2000, a In addition,
INTERSOLV is delivering SCM2000 -- a unique, comprehensive software
configuration management approach to Year 2000 conversions utilizing
INTERSOLV's market-leading PVCS Series. With Factory2000 and SCM2000,
INTERSOLV is providing the change management process for Systemhouse from the
initial analysis phase through systems testing and re-implementation.
INTERSOLV will update a minimum of 75 million lines of code as part of this
multi-year initiative.
"By wrapping our market-leading products with expert services, INTERSOLV
enables the delivery of powerful business systems that increase customers'
competitive advantage," said Gary Wright, vice president of INTERSOLV
ServiceDirect. "MCI Systemhouse's alliance with INTERSOLV is a result of our
proven ability to deliver on quality source code management and conversion.
Together, we look forward to helping customers meet the new millennium with
state-of-the-art systems firmly in place."
INTERSOLV Factory2000 is designed to meet the full spectrum of an
organization's Year 2000 renewal needs. Factory2000 combines INTERSOLV's
market-leading products, a proven methodology and expert services to power
clients' Year 2000 initiatives and assemble their change management
infrastructure. Factory2000 delivers unified solutions to address date-change
issues in a predictable, reliable manner -- reducing risk, minimizing costs,
improving productivity and speeding application re-implementation.
INTERSOLV Corporate Profile
INTERSOLV is the leader in application enablement software for the
client/server, Internet and intranet worlds. Organizations worldwide rely on
INTERSOLV products and services to gain competitive advantage by accelerating
the development, delivery and deployment of their software applications.
Customer success is achieved with the INTERSOLV Application Factory --
comprehensive cross-platform solutions for component-based development,
software configuration management, automated software testing, data
connectivity and Year 2000 renewal. INTERSOLV, with annual revenues exceeding
$160 million, has more than 3.5 million customer licenses at 35,000+ sites
around the world.
MCI Systemhouse Corporate Profile
MCI Systemhouse has a comprehensive Y2K practice focused on providing
businesses with a blueprint for turning the challenges generally associated
with Y2K compliance into opportunities. MCI Systemhouse offers businesses and
government organizations a comprehensive portfolio of Y2K services covering
the gamut of Y2K conversion requirements. These include strategy and project
planning, IT inventory evaluation, impact assessment, software code/
application and data conversion, testing and conversion certification. In
addition to its Montreal code-conversion center, MCI Systemhouse is currently
building similar centers in Ottawa, Colorado Springs and London, England. Each
will operate as a Y2K program office, developing and applying methodology,
recommending tools, devising quality programs and providing centralized Y2K
user training.
MCI Systemhouse, MCI's global information technology company, is the
industry's only single-source provider of convergence products and services
that address business' total networking, communications and consulting needs.
With 120 offices and approximately 7,000 professionals worldwide, MCI
Systemhouse is preparing major corporate, mid-sized and public sector clients
in North and South America, Europe and Asia with enterprise solutions for the
new millennium.
Additional information about INTERSOLV is available via the World Wide Web
at intersolv.com or by calling 800-547-4000.
For more information about MCI Systemhouse, visit the MCI Systemhouse
website at systemhouse.mci.com or call 1-800-456-3059
SOURCE INTERSOLV, Inc.
CONTACT: C. David Sutton of MCI Systemhouse, 770-280-6234; Colleen Duffy
of INTERSOLV, 301-838-5229; Gary G. Greenfield, CEO of INTERSOLV, 301-838-5223
or gary_greenfield@intersolv.com; or Ken Sexton, CFO of INTERSOLV,
301-838-5210, or ken_sexton@intersolv.com |
