Egan Systems inks deal w/Data General up 30% (15/32) closed at 2 today
Data General Completes Sales Agreement With Egan Systems
HOLBROOK, N.Y.--(BUSINESS WIRE)--June 4, 1998--Egan Systems Inc. (OTCBB:EGNS - news) announced Thursday an agreement with Data General Corporation's (NYSE:DGN - news) Channel Sales Division to resell Egan's Year 2000 software toolset.
The sales will be made to Data General's customers whose systems use Interactive COBOL and or AOS/VS COBOL and who wish to perform Year 2000 impact assessment and remediation of their own source code. Data General will also exclusively market Egan's in-house Year 2000 and software migration services to customers who wish to subcontract all or part of their Year 2000 or software migration projects.
Additionally, Data General will offer an innovative turnkey package consisting of the appropriate Egan G-2K tool suite and a specifically configured DG Windows NT workstation on which to perform the necessary Year 2000 fixes. The Interactive COBOL package will also contain a full development and runtime license for this popular version of COBOL which allows full impact assessment, remediation, recompilation and preliminary testing to be done on the same workstation. The bundled package is expected to save customers thousands of dollars over the price of individual components and will be available within two weeks.
Ed Egan, president of Egan Systems, said: ''Striking a deal with Data General truly shows the quality and demand for Egan Systems' products. With prices for our stand-alone tools ranging from $18,000-30,000 and with 3,300 initial customers identified, we expect strong potential sales.''
Data General's Channel Sales Division is in frequent contact with thousands of users of DG's Eclipse MVs and AViiON systems internationally and will focus on the sites employing DG's AOS/VS operating system in conjunction with Interactive COBOL or AOS/VS COBOL.
Data General is a $1.6 billion/year company that specializes in providing high-end servers, redundant array storage systems and related software and service to information technology users worldwide. The company is headquartered in Westboro, Mass. and additional information on the company is available on the Internet at www.dg.com.
They could jump up to 2.75 as in the beginning of the month.
Kurt |