News Release..Benchmark test confirm state of the art Year 2000 Application!!!!
FORECROSS NAMED #20 OF TOP 100 FASTEST GROWING COMPANIES IN SAN FRANCISCO/SILICON VALLEY AREA
For Immediate Release: May 19, 1998
Contact: Patricia A. Jones
(415) 543-1515
SAN FRANCISCO, CA: Forecrossr Corporation (VSE-FRX.U), a leading legacy migration and year 2000 solution company, announced today the results of rigorous benchmark testing of its Complete/2000tm factory server computers. Measurements taken on the slowest of the 35 machines in the Complete/2000tm production engine pegged the facility's capacity to parse, analyze and renovate code for year 2000 compliance at just over 35 million lines per 24 hours of machine time. While this throughput number does not include the time between analysis and renovation when the customer is reviewing the date impact results, each of the 35 production servers runs independently of the others and workload management techniques allow virtually all machines to be producing at all times.
"Our Complete/2000T production engine will allow Forecross and the marketing and consulting branches of our teaming partners to offer customers what we believe is the fastest turnaround time for Y2K code analysis and renovation in the industry," stated Kim O. Jones, President and CEO. "We look forward to demonstrating this dramatic production capability to any qualified, interested party." Forecross also announced today that it received recognition by the San Francisco Business Times when the newspaper published a list of the 100 Fastest Growing Public Companies in the Bay Area.
Forecross Corporation is featured in this select group ranking as number twenty. The companies were selected based on percent revenue growth over eleven quarters (approximately a three year period), and used an algorithm to extrapolate an average growth percentage curve to smooth any aberrations from spikes. Other companies recognized (and their rankings) included Ascend Communications (three), E Trade (twelve), Peoplesoft (twenty-five), Hambrecht & Quist (fifty-two), Oracle (seventy-two), Wells Fargo (seventy-seven), Charles Schwab (eighty-four) and Williams Sonoma (ninety-eight).
Founded in 1982 as a high-technology software development laboratory, Forecross Corporation is dedicated to the design and development of innovative conversion software. Clients have included such leading corporations as Aetna Life Insurance Company, Brown Brothers Harriman & Company, Charles Schwab & Co., BDM Technologies, Inc., IBM Corporation and Bank of America NTSA for its migration software services. TRW, Inc. (BDM International), CIBER, Inc., NCR Corporation, SCB Computer Technology, Inc. are among the teaming partners of Forecross Corporation for its Complete/2000T offerings.
On Behalf of the Board of Directors,
Kim O. Jones
President and CEO
Forecross Corporation
The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of this News Release, which has been prepared by the Company.
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