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Technology Stocks : Forecross Corporation : Y/2000
FRXX 0.000400+100.0%Mar 7 3:00 PM EST

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To: Crandell Addington who wrote (1650)5/10/2000 9:51:00 AM
From: John T. Hardee  Read Replies (1) of 1654
 
Wednesday May 10, 7:03 am Eastern Time
Company Press Release
Forecross Announces Acquisition of Automated Testing Technology
SAN FRANCISCO--(BUSINESS WIRE)--May 10, 2000--Forecross© Corporation (OTCBB:FRXX - news), a legacy to web and XML implementation solutions company, announced today that it has acquired perpetual exclusive rights to a proven automated testing technology.

``First, we believe that this technology will enhance efficiency and profit margins on our legacy migration projects. Further, it will form the basis for another addition to the Forecross Sentinel product line which will be marketed as TestSentinel(TM),'' commented Kim O. Jones, President and Chief Executive Officer. ``Testing can be 50% to 80% of the total cost of a major project. TestSentinel(TM) can cut that cost by 1/3 to 1/2 or more. It will be marketed in conjunction with the Company's traditional migration offerings and new XML solutions. Equivalence testing is particularly important in XML projects, where we have to establish that the programs work identically with their legacy non-XML predecessors, and that the XML itself was defined correctly.''

About Forecross

Founded in 1982 as a high-technology software development laboratory, Forecross Corporation is dedicated to the design and development of innovative software to re-deploy and sustain legacy applications on the Internet. Clients have included such leading corporations as Aetna Life Insurance Company, Brown Brothers Harriman & Company, Charles Schwab & Co., IBM Corporation and Bank of America NTSA for its re-deployment software and services. Teaming partners of Forecross Corporation include KPMG Consulting, Hitachi Data Systems, TRW, Inc. (BDM International), CIBER, Inc., SCB Computer Technology, Inc., and Sapiens Americas (a subsidiary of Sapiens International).
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