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Technology Stocks : Consygen (CSGI) News Reference Thread

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To: tech who wrote (37)2/19/1998 1:35:00 PM
From: tech  Read Replies (1) of 40
 
ConSyGen Inc. Announces Successful Completion of Testing of Motorola Benefits Program

Tuesday February 17, 8:08 am Eastern Time

PHOENIX--(BUSINESS WIRE)--Feb. 17, 1998--On Oct. 7, 1997 ConSyGen Inc. (OTC BB: CSGI -news) announced that it had completed the Year 2000 correction of 500,000 lines of code for the Motorola Employee Benefits Program; the system has since gone through exhaustive testing. Ron Bishop, ConSyGen's president and CEO stated today: ''In discussions with Motorola last week, I was delighted to hear that their staff is convinced that the Year 2000 corrections have been completed successfully.''

Ms. Marge Davies, Motorola's project manager for the project, stated: ''I am impressed with the ConSyGen 2000 toolset and its ability to identify and list missing code, to give us complete exception reports, and to make code compliant for the Year 2000 with such speedand accuracy. To be honest, when ConSyGen said that they could make our system Year 2000 compliant in a very short time, I really didn't believe them. When ConSyGen delivered the compliant code in only eight days, I was amazed. We weren't even ready to start testing.'' Davies continued to say that the first code delivered had only one error; ConSyGen corrected the error in the translator, re-ran the code through the toolset overnight, and returned the corrected code to her the next day.

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 automatically converts 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 new open or client-server platforms (often called downsizing).

Risk warning -- the following is a 'safe harbor' statement under the Private Securities Litigation Reform Act of 1995: ''This release may contain forward-looking statements that involve risks and uncertainties which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect actual results include the development and introduction of competitive technologies, the market awareness of and acceptance of the ConSyGen technology, the overall market demand for conversion services, the presence of technologically-inferior products and services which are priced or promoted to compete with ConSyGen services, the ability to attract and to retain technical personnel, and the ability of the company to protect its proprietary information.''

Contact:

ConSyGen Inc., Phoenix
Ron Bishop or Jim Vittera
602/496-4545, ext. 132
or
Martin E. Janis & Co., Chicago
Hal Schweig, 312/943-1100
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