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Technology Stocks : Zitel-ZITL What's Happening

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To: Larry Davis who wrote (185)10/19/1996 10:20:00 PM
From: Quad Sevens   of 18263
 
Text of MatriDigm brochure .....

Here is a post from the Zitel message board on AOL. It is the text of the MatriDigm brochure handed out at the Gartner Group conference in Orlando (October 7-11, 1996).

Subj: Text of MatriDigm brochure
Date: 96-10-18 19:10:15 EDT
From: SMKCPA

<<By now you know that your computing environment and applications which depend on date calculations will begin to produce disastrous results as the year 2000 approaches. If you do not act now to prevent this, you may find that many traditional solutions are no longer viable. By then, it may be too late.

Industry experts predict that by the end of 1999, less than 70% of IS organizations will be year 2000 compliant in mission-critical, customer focused, external applications. They estimate the cost to fix this problem will range between $300 billion and $600 billion in the global market, since 40% to 80% of all code will need modification.

Unfortunately, at the same time the cost of the solution is increasing, available skilled resources to solve this crisis will decrease. The situation will get worse before it gets better.

In the 1960's and 70's, the high cost of storage processing as well as hardware design limitations resulted in the year 2000 dilemma. In the interest of conserving resources, software programs were written with simplistic two-digit fields representing years. For example, "96" to represent "1996."

Since that time, programming convention and compatibility requirements have perpetuated the use of two-digit fields. Solving one problem has created another. The year 2000 problem is greater and the solution more critical. Time is running out.

There are an estimated 180 billion lines of COBOL code (LOC) currently in use in business applications throughout the world representing a $@ trillion investment. As you can see from the size of your IS department, the average programmer can handle 100,000 LOC annually. To make matters worse, 80 to 90% of their time is dedicated to maintaining existing applications, rather than adding new business functions.

How do you solve the year 2000 problem without compromising your existing business responsibilities?

Time is the enemy. And the potential for catastrophe is real.

So how do you intelligently attack this time-critical problem? First, recognize you cannot solve this problem alone. Time constraints preclude this. In fact, some companies that started four years ago to solve the year 2000 problem still are not year 2000 compliant. The time for traditional approaches--if there ever was one--is long past.

The MatrDigm year 2000 solution significantly reduces the time, costs, resources and risk of your year 2000 conversion.

Send us your code. MatriDigm can process up to 50 million LOC in a week. This means a solution in days or weeks, instead of months or years. In addition, our conversion service will integrate with your current IS processes without sacrificing your current enterprise technology responsibilities.

The MatriDigm Code Analyzer(c) captures the business rules and data interactions of each application in a unique hyperlinked data base. This allows MatriDigm to analyze your application as a whole. As a result, MatriDigm is able to employ a unique data identification technique (1) to find all of the date fields and logic within an application.

MatriDigm's year 2000 solution provides a 2-byte representation of a 4-digit date field (1) that enable both converted and non-converted applications and data files to coexist in the same production environment. Additionally, most existing data files and JCL do not require any conversion.

Because of this fully automated solution, the potential for human error is diminished and testing time and staff effort minimized. Finally, it incorporates a unique method of micro-testing (1) that exhaustively tests all changes made. This ensures that returned code will function precisely the same as before, with the addition of being year 2000 compliant.

With MatriDigm, the year 2000 solution is fast and fully automated. Because you have selected MatriDigm, you can win the race against time. That is what you need to know now.

(1) Patent Pending>>

Wade
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