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To: Tech Master who wrote (2041)1/22/1998 1:56:00 PM
From: Janice Shell  Read Replies (2) of 4295
 
All FBNers!! ALERT!!! News from the competition!

Veronex Announces IBM Business Relationship

Veronex Announces S/390 Partners in Development Membership

IRVINE, Calif.--(BUSINESS WIRE)--Jan. 22, 1998--The board of directors of Veronex Technologies Inc. (OTC/BB:VXTK - news) Thursday announced that it is now a member of the IBM ''S/390 Partners in Development'' program.

The Partners in Development program was designed by IBM to offer software providers such as Veronex assistance in realizing their promising opportunities with IBM's new family of System 390 servers, which meet industry standards for open, client-server computers.

The new relationship with IBM will allow Veronex to obtain and utilize System 390 technology and hardware in advancing the development of its I/NOVA toolset. Veronex's goal is to continue improving and enhancing the I/NOVA toolset to become the software of choice for the new millennium.

The company's decision to direct its research and development efforts more toward its Rapid Application Development System (RADS) and Application Manager has also resulted in some management changes. John F. Denman has elected to resign as chief technology officer. While the company will miss Denman's contribution to the continuing development of the I/NOVA toolset, management believes the I/NOVA toolset is moving in the direction originally envisioned by Thomas Price, the designer of the concept of a flexible business application development system that can be used to design application software around the business enterprise and allow the application to change and to grow with the enterprise as the enterprise changes and grows.

''The lack of flexibility in software to adapt to change is what has caused legacy software systems to be trapped in the Year 2000 problem in the first place,'' said Price, president.

''When I began to design the I/NOVA concept nine years ago, the idea was to create a software development product which would be a flexible, dynamic application tool capable of delivering useful
management information for any business enterprise. This built-in flexibility of the I/NOVA RADS is what gives the I/NOVA DataCentric Analyzer the capability to be a complete, automated Year 2000 solution
tool.''...


Should we be worried?

Janice
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