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Technology Stocks : Year 2000 (Y2K) Embedded Systems & Infrastructure Problem
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To: John Mansfield who wrote (418)5/25/1998 6:06:00 PM
From: John Mansfield   of 618
 
[SHIPPING] 'Embedded microchips'

'The MSC, at its sixtyninth session on 1120 May, 1998, is expected to consider the need for the maritime industry to address the
Year 2000 Problem. The official Annex addressing the Year 2000 problem is as follows:

"The Year 2000 problem, or simply Y2K, is the term used to describe the potential failure of information technology systems
prior to, on or after January 1, 2000. The potential exists because of the widespread practice of using two digits, not four, to
represent the year in computer databases, software applications and hardware chips. Difficulty will arise in the Y2K when
that year is "00" and machines will be unable to differentiate it from the year 1900. As a result, microchip based systems may
function incorrectly, or not at all".

"The problem affects computers in the office and throughout each ship in a wide variety of devices with embedded microchips.
The issue may be as simple as a timer or a GPS receiver or as sophisticated as the monitoring and control system for the main
engine plant. All impacted parties must assess the extent of the problem in their operations, prioritize affected units/systems
and decide on the correct action. Depending on the system, equipment or software involved the correct action may be to
repair, replace or scrap."
....

tm-online.com
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