News from Sapiens:
Monday September 29 10:01 AM EDT
Company Press Release
Sapiens Launches Falcon2000 - Assembler Year 2000 Remediation Tool
RESEARCH TRIANGLE PARK, NC--(BUSINESS WIRE)--September 29, 1997--
Tool Dramatically Reduces Time and Cost of Remediation for
Year 2000 Compliance
Sapiens International Corporation N.V. (NASDAQ:SPNSF) today announced the Falcon2000 workbench, designed specifically for automated analysis and remediation of IBM mainframe Assembler language programs for year 2000 compliance. Falcon2000 analyzes the flow of instructions in Assembler programs, determines where changes should be made, and makes those changes. It utilizes an interactive engine in a Windows NT-based GUI environment. This engine efficiently and accurately applies a uniquely rigorous solution that significantly reduces the time and cost of a year 2000 project.
``The Falcon2000 workbench has dramatically increased the productivity of the Sapiens Y2K Factory,'' says Shai Sole, Chief Technology Officer of Sapiens International. ``Falcon2000 emerged from our proven FALCON technology that converts Assembler programs to C. Its capability to thoroughly analyze Assembler programs results in a very high quality automated conversion.''
Falcon2000 employs an artificial intelligence design that can successfully analyze the primary and more subtle secondary date-related ``suspects'' and ``innocents,'' assessing the degree to which these impact a program. A standard PC is used for analysis and conversion in an automated methodology that identifies and replaces relevant logic patterns and updates programs with appropriate replacements. After conversion, programs are compiled on the PC to validate corrections. Finally, corrected source code and compiled object modules are uploaded to the mainframe for testing.
According to Software Productivity Group, there are over 1.5 million active programs written in Assembler in the United States alone. ``Assembler programs can be a year 2000 nightmare,'' states David Benjamin, Falcon2000 product manager. ``They are very difficult to analyze; their logic is obscure, date values are hard to find, and Assembler programmers are even harder to find. Until now, there has been no effective solution to convert these programs. Falcon2000 fills this void in the marketplace and provides an efficient and cost effective solution to the Assembler year 2000 challenge.''
Falcon2000 is currently available with pricing based on a per line of code usage fee. Sapiens provides factory services for analysis and/or conversion. The Falcon2000 is also available for license to system integrators as a stand- alone product, or as an integrated component with existing products.
About Sapiens
Sapiens International (NASDAQ:SPNSF) is a leading provider of enterprise-wide, mission-critical business solutions, consulting, and support services to diverse customers around the globe. The Company's rapid application development tools and methodology dramatically reduce the cost and time required to build and maintain business applications.
The SAPIENS Y2K(TM) Toolkit features a single comprehensive repository, including multi-language analysis and remediation and is complemented with Falcon2000(TM), a unique conversion tool that identifies and analyzes statements requiring year 2000 conversions in Assembler programs. Sapiens' year 2000 conversion services are offered on-site, and at the Company's Y2K Factory.
The Company's installed base includes General Accident Insurance Group, Guardian Royal Exchange, Honda, IBM, International Paper, the Israeli Air Force, Nissan, Norwich Union, Principal Financial Group and USAA. Information about Sapiens and its products is available on the World Wide Web at sapiens.com.
SAPIENS is a registered trademark and ObjectPool, ObjectModeler, ObjectPool X-Platform, SAPIENS Y2K, FALCON and Falcon2000 are trademarks of Sapiens International Corporation N.V. Other brand and product names are trademarks and/or registered trademarks of their respective holders. Brand and product names are mentioned herein for reference purposes only.
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 filings. |
