FORECROSS CORPORATION ANNOUNCES SECOND CONTRACT WITH BDM INTERNATIONAL
SAN FRANCISCO, Aug. 21 /CNW/ - Forecross(R) Corporation (VSE-FRX.U), a legacy migration and year 2000 solution company, announced today that it has signed a second Y2K analysis and renovation contract with teaming partner BDM International, Inc., a wholly owned subsidiary of TRW, Inc. (NYSE-TRW). Under this agreement, Forecross will use its Complete/2000(R) solution and automated factory in San Francisco to address critical year 2000 renovation requirements of BDM's customer, the State of New Mexico's Department of Labor. ''We have chosen Forecross for additional work with our customer based on the reliable output and quick turnaround time that we experienced on our last joint Y2K project. We are committed to providing cost-effective services,'' commented Cynthia Jennings, Vice President of Sales at BDM. ''Forecross is always delighted with repeat business. We look forward to another successful, on-time project with our teaming partner, BDM,'' said Bernadette C. Castello, Senior Vice President and CFO of Forecross Corporation.
BDM International BDM International, Inc., a wholly owned subsidiary of TRW, Inc., provides information technology systems and services to both public and commercial customers. TRW provides advanced technology products and services for the automotive, space and defense, and information technology markets. The company's news releases are available through TRW's corporate web site (http://www.trw.com). For more information about BDM, visit their web site (http://www.bdm-com/smart2k).
Forecross Founded in 1982 as a high-technology software development laboratory, Forecross Corporation is dedicated to the design and development of innovative conversion software. Clients have included such leading corporations as Aetna Life Insurance Company, Brown Brothers Harriman & Company, Charles Schwab & Co., BDM Technologies, Inc., IBM Corporation and Bank of America NTSA for its migration software services. Teaming partners of Forecross Corporation for its Complete/2000(R) offerings include AASKI Technologies, Ltd., TRW, Inc. (BDM International), CIBER, Inc., Information Sciences Group, Inc., NCR Corporation, SCB Computer Technology, Inc., and Sapiens Americas (a subsidiary of Sapiens International).
On Behalf of the Board of Directors,
Bernadette C. Castello Senior Vice President and CFO Forecross Corporation
Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the company's accounting policies and other factors.
The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release, which has been prepared by the Company.
Forecross is a registered trademark of the Forecross Corporation. Complete/2000 is a U.S. registered service mark of Forecross Corporation. -0- 08/21/98
For further information: Patricia A. Jones, (415) 543-1515, Fax: (415) 543-6701, Patricia_Jones@forecross.com; forecross.com
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