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Technology Stocks : Discuss Year 2000 Issues
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To: C.K. Houston who wrote (2334)8/1/1998 11:35:00 AM
From: John Mansfield  Read Replies (1) of 9818
 
' ACTION 2000 LAUNCHES MILLENNIUM BUG PLEDGE SCHEME

Action 2000 today calls on British businesses to sign a formal pledge saying they will take
positive action - rather than legal action - to tackle the Millennium Bug in their
organisations.

Pledge 2000 is a six-point manifesto committing companies to share information, help
other firms in their supply chains and avoid resorting to legal action where possible. The
initiative is a world first.

The first two big names to sign up to Pledge 2000, which is backed by the CBI, are
Sainsbury's and Unilever - hundreds of others are invited to follow their example.

Gwynneth Flower, managing director of Action 2000, said: "This is a landmark in the battle
against the Millennium Bug. It will let businesses focus on beating the Bug together, rather
than fighting over it."

"We have been increasingly worried about companies' reluctance to disclose their
Millennium Bug plans and their willingness to deploy lawyers.

"The Pledge promotes co-operation rather than litigation among businesses of all sizes, up
and down the numerous supply networks that underpin the economy. I am delighted
Sainsbury's and Unilever have already signed up and encourage others to participate."

Adair Turner, director-general of the CBI, said: "The CBI supports all work to make sure
that companies have checked their IT and electronic equipment and that their customers
and suppliers are also ready for the Millennium date change.

"We encourage companies to share information with their suppliers and customers and
plan effectively so that business will not be disrupted by the Millennium Bug."

The pledge, drafted by top law firm Tarlo Lyons, commits firms to six courses of action:

to tackle the Bug and ensure business continuity

to share information on Bug projects

to help users of products and services to overcome their Bug problems and give them
access to compliance information

to keep shared Bug data confidential

to work with supply chain partners

to solve the problem rather than take legal action.
...

bug2000.co.uk
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