Computron Announces Year 2000 Compliance
BusinessWire, Thursday, March 20, 1997 at 11:57
RUTHERFORD, N.J.--(BUSINESS WIRE)--March 20, 1997--Computron
Software, Inc., reported today that the Year 2000 will not cause
problems for users of its Financial, Workflow, COOL, and Maintenance
and Work Management software applications.
Computron anticipated the need to display and store centuries, as
well as make calculations involving inter-century numbers. These
standards have been enforced since the 1987 introduction of the 2.0
version of Computron Financial applications. Computron's Workflow,
COOL and Maintenance and Work Management products were developed
after this date and have always been Year 2000 compliant.
Computron's architecture is based on both generalized access to
databases and generalized access to date formatting and calculations.
This generalized access means that all date calculations go through
the same processing, regardless of the actual century or centuries.
Issues like backdating across centuries will be handled by standard
routines and will not cause problems.
"The fact that Computron understood the magnitude of the Year
2000 problem 10 years ago demonstrates Computron's understanding of
the software marketplace and its ability to develop innovative
solutions," said Alex Plavocos, Computron's vice president of
marketing "Our recognition and early solution of the Year 2000
problem allows our clients to focus on their core business
objectives."
The Year 2000 poses significant challenge for the information
technology industry and will impact business applications, package
solutions, and systems software. Most software programss have been
written to accept two- digit dates, such as "95" for 1995, and will
not accommodate entries for the additional two-digit century. These
programs now need to be modified to read and accept four-digit date
entries. According to recent analysis from Gartner Group, the total
global cost to resolve the Year 2000 problem will be between $300
billion and $600 billion. Failure to interpret the century after
December 31, 1999, could cause widespread work flow stoppages for
companies working in data- and date-intensive industries.
Computron Software, Inc., Background Information
Headquartered in Rutherford, New Jersey, Computron Software, Inc.
is an international software company that designs, markets and
supports n-tier workflow and internet-enabled client/server-based
financials, workflow and COOL (Computer Output On-Line Laser Disk)
and maintenance and materials/work management software solutions.
Computron products are interoperable across most major UNIX and
legacy architectures, as well as on Microsoft Windows NT. The
Company currently markets its products and services worldwide through
a direct sales force and indirect channels. The Company has offices
and distributors in 14 countries in North America, Europe and Asia.
This press release contains forward-looking statements. Such
statements are only predictions and actual events or results may
differ materially. All forward-looking statements involve risks and
uncertainties, including, without limitation, the risks detailed in
the Company's documents and reports filed from time to time with the
Securities and Exchange Commission.
Computron Financial, Computron Workflow, Computron COOL, and
Computron Maintenance and Work Management are trademarks of Computron
Software, Inc. All other companies and product names are trademarks
or registered trademarks of their respective companies.
CONTACT: Computron Software, Inc. or Ruder Finn, Inc.
Alex Plavocos Howard Solomon
201/935-3400 312/644-8600
aplavocos@ctronsoft.com solomonh@ruderfinn.com
KEYWORD: NEW JERSEY
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
Companies or Securities discussed in this article:
Symbol
Name
BB:CTRN
Computron Software |
