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Technology Stocks : Zitel-ZITL What's Happening

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To: Blue_Horseshoe who wrote (16724)7/21/1998 3:29:00 PM
From: Rajiv  Read Replies (2) of 18263
 
Zitel Awarded Year 2000 Contract With New York State

Company to Begin Code Conversion Work for the State Division of Parole Under Its New York Back-Drop Contract

FREMONT, Calif., July 21 /PRNewswire/ -- Zitel Corporation (Nasdaq: ZITL - news) announced today that it has been awarded a contract from the New York State Office of General Services to do Year 2000 computer code remediation for the State Division of Parole. The contract covers the conversion of COBOL applications that are expected to contain in excess of one million lines of code.

Arthur L. Chait, Zitel's Vice President and General Manager said, ''We announced our award of a Back-Drop Contract with the State of New York earlier this year. Since then there have been a number of solicitations issued by the State, but they were primarily in areas where we did not compete, such as embedded chips, PCs or systems testing. The solicitation and project definition for the Division of Parole is the first one we bid on for mainframe conversion and we are delighted to have won it. This project represents an important milestone in our progress with New York State. For this project, we will be utilizing the MatriDigm Millenium Control System (MICOS(TM)) to analyze the code and manage the work and the highly automated MAP2000(SM) factory conversion process to remediate and test the code.
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