Friday June 12, 8:00 am Eastern Time
Company Press Release
UniComp Announces Shipment of INT0 2000 / COBOL
MARIETTA, Ga.--(BUSINESS WIRE)--June 12, 1998--UniComp Inc. (NASDAQ:UCMP - news) today announced it has
started shipping INTO 2000 / COBOL, a new client/server Year 2000 toolset designed to analyze AS/400 applications
written in COBOL/400 and automatically convert date fields to Year 2000 compliant formats.
Developed by UniComp and based on the INTO 2000 / RPG product, which has processed over one-billion lines of RPG
code, INTO 2000 / COBOL uses proven COBOL compiler technology from the UNIBOL400 product to fully interpret
COBOL programs and generate the most thorough analysis and powerful rebuild capability available today. INTO 2000 /
COBOL reduces the COBOL program to a complex graph and uses a sophisticated recursive algorithm to isolate date
dependencies. This approach ensures that virtually no date fields are missed and spurious output minimized.
INTO 2000 / COBOL is being sold through the worldwide network of INTO 2000 resellers who will market the product to
Fortune 2000 companies which downsized their mainframe COBOL applications to departmental functions on the IBM
AS/400. Most COBOL applications are critical applications and consequently these Fortune companies are serious about
fixing these applications.
According to Stephen A. Hafer, president and CEO of UniComp, ''INTO 2000 / RPG is the only complete client/server tool
set which addresses Year 2000 problems in AS/400 RPG applications and is the most widely installed Year 2000 toolset in
the AS/400 market. This development by UniComp extends the market opportunity for the product to the large number of
applications written in COBOL as well.''
UniComp Inc. develops, markets and supports platform-migration, vertical market applications and payment processing
systems for Windows NT and UNIX-based computer systems and point of transaction processors worldwide. The company
licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public-sector, point
of sale and transaction processors. Additionally, the company provides installation, training, systems integration, support and
Year 2000 services, serving a worldwide network of end user customers, dealers and distributors. UniComp employs over
500 staff worldwide and has over 50 distributors internationally, with over 30,000 installations in more than 55 countries.
Please visit our World Wide Web site at unicomp.com for further information on UniComp.
This announcement contains forward looking statements and remarks relative to future events and financial performance which
are subject to the risks and uncertainties described in reports filed from time to time with the SEC. These filings contain and
identify important factors that could cause actual results to differ materially from those contained in our forward looking
statements. These factors include, but are not limited to, timely development and market acceptance of its products (and
upgrades to those products) completion of UNIBOL400 development and its subsequent market acceptance, the ability to
develop new products to penetrate the POS marketplace, market pressures on its services businesses, and the impact of
competitive products, pricing, and the fact that the company's software product license revenue can fluctuate from quarter to
quarter as a result of various factors and conditions. |
