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Technology Stocks : Year 2000 (Y2K) Embedded Systems & Infrastructure Problem

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To: John Mansfield who wrote (64)2/3/1998 2:27:00 PM
From: John Mansfield  Read Replies (1) of 618
 
'our approach includes analysis of risks in both IT and non-IT operations (...) and problems with devices with embedded computer chips.'

freeyellow.com

'Y2KLaw

Contemporary Solutions for 21st Century Problems

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The Year 2000 issue - or Millennium Bug - is the result of decisions by programmers of the 1960s to save memory space by using only the last two digits of a year, instead of all four, when referring to the date. This programmer shorthand has been in continuous use until very recently. As a result, when "00" comes up for the year 2000, many computers will view it as 1900 instead, causing widespread problems. Experts estimate the costs of dealing with the Year 2000 bug to be between $300 and $600 billion. Factor in lawsuits for a wide range of liabilities, and those same experts raise their estimate to $3 trillion.

Dealing with Year 2000 risk issues requires a unique combination of legal ingenuity and technological competence. Y2KLaw combines those skill sets to provide several service programs, each managed by a team of attorneys and information technology experts.

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Expert Witnesses: Y2KLaw has assembled a team of experts in a wide range of technological fields related to the Year 2000 problem. These experts have received additional training from an experienced trial attorney. They are prepared to provide case analysis, consultation on preparation for discovery, expert testimony, and design and preparation of courtroom exhibits.

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Risk Management Program Design and Management: Risk management programs dealing with the Millenium Bug must be comprehensive, involving both internal and external risk analyses. It does no good to ready your internal systems for the date change, only to find out that your suppliers and strategic business partners are not Year 2000 compliant. We include both internal and external components. On the internal side of the ledger, our approach includes analysis of risks in both IT and non-IT operations, including human resources (get ready for headhunter raids on your IT staff as the millennium approaches), insurance, communication plans, redundant resource development, and problems with devices with embedded computer chips.

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