Y2K contract: Union-Tribune Publishing Co. in San Diego
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Monday February 8, 11:15 am Eastern Time
Company Press Release
Year 2000 Wire/ConSyGen Inc. Awarded Year 2000 Contract by The Union-Tribune Publishing Co.
PHOENIX--(BUSINESS WIRE)--Feb. 8, 1999--ConSyGen Inc. (Nasdaq:CSGI - news) Monday announced that it has been awarded a significant contract to provide Year 2000 remediation services for The Union-Tribune Publishing Co. in San Diego.
The Union-Tribune Publishing Co. is an operating division of the Copley Press Inc. of La Jolla, Calif. The Copley Press publishes The San Diego Union-Tribune, one of the oldest businesses in San Diego County, operating continuously for more than 130 years. Gene Bell is chief executive officer and President of The Union-Tribune Publishing Co., and Karin Winner is editor of The San Diego Union-Tribune.
The San Diego Union-Tribune is the major metropolitan newspaper in the San Diego area and is the second largest newspaper in Southern California, with approximately a 380,000 daily and 450,000 Sunday circulation.
As a result of a merger between The San Diego Union, founded Oct. 10, 1868, and The Evening Tribune, founded Dec. 2, 1895, The San Diego Union-Tribune was created in 1992. Its primary facility is located in Mission Valley.
Thomas S. Dreaper, president and chief executive officer of ConSyGen, said, ''We will be working with the Information Technology Department to provide a 'windowing' method of date change, rather than a full expansion to four digits for the Circulation System.
''This method allows The Union-Tribune Publishing Company to save approximately 80% of their projected remediation costs, plus enjoy a much faster turnaround. We are pleased to add such a prestigious newspaper to our growing list of customers.''
ConSyGen Inc. is a Phoenix-based technology company that provides Year 2000 conversion/correction services using its proprietary technologies.
Caution Regarding Forward-Looking Statements: Statements contained in this release other than statements of historical fact may be deemed to be ''forward-looking statements.'' Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from those projected in such forward-looking statements.
Factors which could affect results include the development of competing or superior technologies, market awareness and acceptance of ConSyGen technology, overall market demand for conversion services, the company's ability to attract and retain qualified personnel and to protect its propriety information, and other risk factors set forth in the company's SEC filings.
For more information, please contact Bob Roth of ConSyGen Inc., Phoenix, 602-394-9100, ext. 113; consygen.com.
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