Here is a copy of the $2,000,000 press release
Forecross Signs $2,000,000.00 Legacy Migration Project
SAN FRANCISCO--(BUSINESS WIRE)--Jan. 24, 2000--Forecross(R) Corporation (OTCBB - FRXX) announced today that it has signed a contract with a large educational institution located in the western United States, for the migration of certain of its computer applications from CA-IDMS to DB2. The aggregate value of the contract is US$2,000,000.00.
"Consolidation of technologies onto relational, portable platforms is key to any Enterprise Application Integration strategy. We feel that this contract confirms an increasing interest in legacy migrations as part of an overall Legacy to Web solution," commented Kim O. Jones, Forecross President and CEO.
Founded in 1982 as a high-technology software development laboratory, Forecross Corporation is dedicated to the design and development of innovative conversion software. Clients have included such leading corporations as Aetna Life Insurance Company, Brown Brothers Harriman & Company, Charles Schwab & Co., BDM Technologies, Inc., IBM Corporation and Bank of America NTSA for its migration software services. Teaming partners of Forecross Corporation include AASKI Technologies, Ltd., TRW, Inc. (BDM International), CIBER, Inc., Information Sciences Group, Inc., NCR Corporation, Quality Systems Inc. (formerly known as Tracor, Inc., now a subsidiary of Marconi North America, a subsidiary of General Electric Company, p.l.c.), SCB Computer Technology, Inc., and Sapiens Americas.
Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the company's accounting policies and other risk factors detailed in the Company's SEC and BCSC filings.
The U.S. Securities and Exchange Commission has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release, which has been prepared by the Company.
Forecross is a registered trademark of Forecross Corporation.
CONTACT: Forecross Corporation
Pat Dittmar, 415/543-1515
Pat@forecross.com
Quote for referenced ticker symbols: FRXX |
