ConSyGen Completes Year 2000 Contract For Client of Chase
Software Norway AS
Wednesday February 11, 8:07 am Eastern Time
PHOENIX--(BUSINESS WIRE)--Feb. 11, 1998--On Jan. 20, 1998, ConSyGen Inc. (OTC BB: CSGI - news) announced that it had been awarded a contract by Chase Software Norway AS, Stavanger, Norway, to make a critical software application Year 2000 compliant for a Chase client, the Norwegian telecommunications organization, Telenor. The contract was for approximately 500,000 lines of code.
ConSyGen today announced that the Year 2000 corrections were completed on Feb. 6. The corrected code has been returned to Telenor, and is now undergoing testing.
According to Ron Bishop, ConSyGen's president and CEO, the contract was signed on Jan. 16 and the client made progressive deliveries of their code over the following two weeks. ''All of the Year 2000 corrections were completed on the client's codes on Feb. 6, after which the code was returned to Telenor in Norway for testing. We believe that Telenor plans to complete the testing and to put the corrected code into production within two weeks.''
''This project is another example of how quickly an automated solution can get the client up and running in a minimal amount of time,'' he added. ''We had to deal with the Norwegian language and we received the code in pieces, yet we were still able to complete the project within approximately 15 days. The project adds credibility to the international effort that we are putting into place.''
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).
Risk warning -- the following is a ''safe harbor'' statement under the Private Securities Litigation Reform Act of 1995: ''This release may contain forward-looking statements that involve risks and uncertainties which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect actual results include the development and introduction of competitive technologies, the market awareness of and acceptance of the ConSyGen technology, the overall market demand for conversion services, the presence of technologically-inferior products and services which are priced or promoted to compete with ConSyGen services, the ability to attract and to retain technical personnel, and the ability of the company to protect its proprietary information.''
Contact:
ConSyGen Inc., Phoenix
Ron Bishop, 602/496-4545, ext. 132
or
Martin E. Janis & Co., Chicago
Hal Schweig, 312/943-1100 |
