ConSyGen Announces Year 2000 Partner in Singapore
PHOENIX, Ariz.--(BUSINESS WIRE)--Oct. 8, 1997--ConSyGen Inc. (OTCBB:CSGI) announced today that it has signed a teaming agreement with Millennium IT Pte. Ltd. of Singapore.
Under this agreement, Millennium IT Pte. Ltd. will market ConSyGen's fully automated Year 2000 and software conversion services into Singapore and the rest of South East Asia and will install Conversion Centers in Singapore and Manila. Through these Conversion Centers, client code from Singapore, the Philippines, Malaysia, Indonesia and Thailand can be made fully compliant for the year 2000 and beyond using ConSyGen's fully automated ConSyGen 2000 toolset.
Mr. Ross Lim, managing director of Millennium IT stated: ''There is an urgent need to introduce an automated Year 2000 service throughout South East Asia. The problem of identifying and correcting Year 2000 problems is just as great in Asia as anywhere else in the world and the reality of the problem is now becoming apparent within
the region, particularly as time is running out. We have reviewed all of the available industry approaches and the ConSyGen 2000 automated approach demonstrates itself clearly as the most complete and effective solution, offering our clients the most error free and efficient way of eliminating the Year 2000 problem while meeting their
timing deadlines.''
Ron Bishop, ConSyGen's president and CEO stated: ''We are excited about the potential of expanding the extension of our Year 2000 conversion services into South East Asia. We are impressed with Millennium IT's marketing efforts in the region and believe that significant business opportunities exist throughout the region.
Through the installation of hardware and a version of our toolset in the local Conversion Center, ConSyGen has the ability to convert millions of line of code remotely from our Phoenix operations center. Once the client code has been loaded onto the local Conversion Center hardware, we are able to direct the conversions from Phoenix
without local operations or programming staff.'' Bishop added: ''The only difference in the way we do Year 2000 conversions in Phoenix compared with a remote Conversion Center is the length of the connection.''
ConSyGen Inc. is a Phoenix-based software company that provides conversion/correction services with its proprietary technologies. The company's ConSyGen 2000 software is a fully-automated toolset that automatically corrects dates in both source code and data to be compliant for the Year 2000 and beyond. The company's ConSyGen Conversion toolset can automatically convert software to run on a different hardware platform. For example, software running on older BULL, IBM, Unisys, etc., mainframes can automatically be converted to run on open system or client-server platforms (often called downsizing).
Risk warning: the information contained in this press release contains forward-looking statements concerning the company's financial performance and business operations. The company wishes to caution readers of this information that actual results may differ materially from those projected in any forward-looking statements. Factors which might cause actual results to differ materially from those projected in the forward looking statements contained herein include the following failure of the company's ConSyGen 2000 or ConSyGen
Conversion toolsets to enable the company to convert software programs successfully so that they are Year 2000 compliant and migrated to a functionally-equivalent operation; setbacks in developing the ConSyGen 2000 or ConSyGen Conversion toolsets or the company's other software products; market acceptance of the company's products; competitive factors; technical obsolescence of the company's products; and the ability of the company to protect its proprietary information.
Contact:
Martin E. Janis & Co. Inc., Chicago
Elliott Jacobson, 312/943-1100
or
ConSyGen Inc.
Ron Bishop, 602/496-4545 x132 |
