New Contract
Nabisco Awards Alydaar Year 2000 Contract
PR Newswire - July 10, 1997 07:37
CHARLOTTE, N.C., July 10 /PRNewswire/ -- Nabisco, Inc. (NYSE: NA) awarded
Alydaar Software Corporation (OTC-Bulletin Board: ALYD) a contract for Year
2000 remediation services. The contract calls for Alydaar to remediate
several million lines of Nabisco's code utilizing its SmartCode(TM)
reengineering technology to make the programs Year 2000 compliant.
The Year 2000 problem arises from computer programs written in the 1970s
and 1980s that read only the last two digits in a year. The 00 reading for
2000 would cause an error in some programs or could be interpreted as 1900.
The estimated world-wide market to repair the Year 2000 problem is estimated
to be in excess of $600 billion.
Robert Gruder, Alydaar's CEO, stated, "The Year 2000 team at Nabisco has a
solid understanding of what is required to make its systems Year 2000
compliant and I am glad that they have chosen Alydaar to assist them with this
significant effort."
Dave Gille, Manager for Nabisco's Sales and Integrated Logistics I/S Year
2000 project, stated: "There is no silver bullet for the Year 2000, but we
believe the Alydaar solution will enable our team to achieve our Year 2000
objective."
Alydaar Software Corporation is a software reengineering company,
specializing in providing services to resolve the Year 2000 problem, as well
as computer language translation and systems migration services. Using
SmartCode(TM), their core reengineering technology, Alydaar can automatically
correct millions of lines of code per month at their Charlotte, NC code
remediation factory. Alydaar has offices throughout North America and Europe.
Nabisco, Inc., through its subsidiaries, is engaged in the packaged food
business. The Company's products include: cookies, crackers, sauces,
condiments, nuts, candy and gum.
SOURCE Alydaar Software Corporation
CONTACT: Thomas J. Dudchik, Alydaar Software Corporation, 704-367-2049 |
