SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Consygen (CSGI) News Reference Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tina Lee who wrote ()1/13/1998 9:22:00 PM
From: tech  Read Replies (1) of 40
 
ConSyGen Is Awarded Year 2000 Contract for Insurance Data
Processing, Inc.

Tuesday January 13, 8:32 am Eastern Time

PHOENIX--(BUSINESS WIRE)--Jan. 13, 1998--ConSyGen Inc. (OTC BB:CSGI - news) announced today that it has been awarded a contract by Insurance Data Processing Inc. (IDP), of Wyncote, Pa. to make a critical set of software applications Year 2000 compliant.

The project is for full date expansion of 1.6 million lines of Hewlett-Packard HP3000 COBOL code; details of the agreement were not disclosed. ConSyGen will use its fully-automated ConSyGen 2000(SM) toolset to ensure Year 2000 compliance for the application set.

Gary J. Gilbert, president and CEO of IDP, stated: ''We are pleased to be moving ahead with ConSyGen and their automated toolset to address the issues in our applications relating to Year 2000 compliance. Our internal operations and our clients depend on the accuracy and consistency of our processing, and the opportunity to work with ConSyGen and an automated approach such as ConSyGen 2000 means that we will have very significant control over the timing and accuracy of the Year 2000 analysis and conversion project. We believe that ConSyGen's prior experience of successful automated Year 2000 conversions for HP3000 and other hardware platforms will ensure a successful and very timely conversion project.''

Ron Bishop, president and CEO of ConSyGen, stated: ''ConSyGen has already demonstrated our ability to convert HP3000 successfully in a very rapid, error-free project of approximately 1,500,000 lines last year. The project for IDP could be completed in less than a month after we receive the IDP code, including converting the entire set of code overnight; however, at IDP's request, we will set an extended project schedule to enable IDP to complete all of their internal preparations and interfaces for receipt, testing and implementation of the converted code. In addition to HP3000, we also provide automated solutions for IBM, Digital, Unisys, and BULL mainframes, and for all UNIX computers.''

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 on a different hardware platform. For example, software running on older BULL, IBM, Unisys, etc., mainframes can automatically be converted to run on new open or client-server platforms (often called downsizing).

Insurance Data Processing provides reliable and easy-to-use insurance management systems for the property and casualty insurance industry. The systems can be installed as an in-house system or accessed via
state-of-the-art communications networks at IDP's Data Center in Wyncote. The company supports its products with a staff of over 80 programmers, system designers, operators and account management professionals. In business since 1949, the company has offices in suburban Philadelphia and Cleveland. Information about IDP's products and services can be found on the World Wide Web at idpnet.com or by calling 800/523-6745.


Contact:

ConSyGen Inc., Phoenix
Ron Bishop, 602/496-4545 ext. 132
or
Martin E. Janis & Company Inc., Chicago
Elliott Jacobson, 312/943-1100
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext