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Technology Stocks : Forecross Corporation : Y/2000
FRXX 0.000400+100.0%Mar 7 3:00 PM EST

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To: Crandell Addington who wrote (1514)12/23/1998 1:02:00 PM
From: Ruyi  Read Replies (2) of 1654
 
IT'S official FRX.COM , sort of. Any idea how important this is ? Have you heard of any other companies with this internet ability??


Wednesday December 23, 11:16 am Eastern Time
Company Press Release
SOURCE: Forecross Corporation
Forecross Establishes Remote Secure Y2K Factory Facility in France
SAN FRANCISCO, Dec. 23 /PRNewswire/ -- Forecross Corporation (OTC Bulletin Board: FRXX - news), a legacy migration and Year 2000 solution company, announced today that it has signed an agreement with NGSET, Conseil et Services en Informatique, under which Forecross will establish its first remote secure factory, located in the facilities of this French software and consulting services firm. With a factory facility in Rueil-Malmaison, a suburb of Paris, Forecross will be able to provide its automated factory services for Year 2000 renovation and independent validation, without requiring the shipment of customer code to its U.S. factory. The factory will be operated and controlled directly by Forecross via secure Internet links.

''This facility represents a whole new arena of opportunity for Forecross. Forecross can locate these secure servers at any site, commercial or government, where security and/or speed are major issues, and then operate the servers remotely in a secure mode over the Internet. The customer's code never leaves the customer's site, and Forecross can control the project remotely over the net,'' said Kim Jones, President and CEO of Forecross Corporation.

NGSET, Conseil et Services en Informatique is a French company, established in 1994 that provides transformation services to its customers. Additional information about NGSET is available on the Internet at ngset.com.

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 IBM Corporation, Brown Brothers Harriman & Company, Charles Schwab & Co., Royal Bank of Canada [NYSE:RY - news], Bank of Montreal [NYSE:BMO - news], Fujitsu Limited, On-Line Software International, Inc., Pansophic Systems, Inc., Price Waterhouse, Cincom Systems, Inc., Kimberly-Clark Corporation [NYSE:KMB - news], BDM Technologies, Inc., and Bank of America National Trust and Savings Association for its migration software services, and NCR Corporation [NYSE:NCR - news], SCB Computer Technology, Inc., and EDS for its Complete/2000™ offerings.

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 risk factors detailed in the Company's SEC and BCSC filings.

The U.S. Securities and Exchange Commission has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release, which has been prepared by the Company.

NOTE: Forecross is a registered trademark of the Forecross Corporation. Complete/2000 is a registered service mark of Forecross Corporation.

SOURCE: Forecross Corporation

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