News from Forecross listed below. I talked to Forecross last Friday.
They are seeing quite a bit of interest from their scanning software. Have bids out on several applications with over 100 million lines of code. MAny companies are using automated toolsets as their means of testing. Forecross will likely (IMO) get some of this business. It could also lead to remediation as their may not be enough time to fix the errors that Forecross likely will find.
A recent article by Cap gemini stated that there are as many as 50,000 errors in 100 million lines of code. Forecross has gained some credibility with Brown Brothers Harriman as their software is on line and working. No errors. Lots of money left to be made in testing.
You do the math on what a contract or two will mean scanning 100 million + lines of code. It will at a minimum mean several million dollars of revenue. If they get a remediation contract as a result it will be even bigger. I think this will continue to get more and more interesting. Article Below
Tuesday March 2, 8:02 am Eastern Time
Company Press Release
Forecross/Brown Brothers Harriman & Co. Complete Year 2000 Renovation Project
Over Two Dozen Applications -- Three Languages --- Two Platforms -- 17,000,000 Lines of Source Code
SAN FRANCISCO--(BUSINESS WIRE)--March 2, 1999--Forecross® Corporation (OTC BB:FRXX - news), a legacy migration and Year 2000 solution company, announced today the completion of a major Y2K project for one of its clients, Brown Brothers Harriman & Company (BBH&Co.).
The project involved over two dozen applications critical to the operations of BBH&Co. Forecross used its Complete/2000® automated software and services to analyze and make Year 2000 compliant approximately 17,000,000 lines of source code written in three different languages and running on two different hardware platforms. The last application was implemented in production earlier this month.
''This is the culmination of almost four years of planning and hard work by Brown Brothers,'' said Bill Anderson, chief information officer of BBH&Co. ''Our Y2K team has been in place since early 1996. This was a very complex project -- we first had to upgrade all of our 'system-related' software to Y2K ready versions. This included mainframe operating systems, development environments, compilers and corresponding utilities.
''In the hardware area, we upgraded all non-compliant CPUs, client workstations and communication equipment with new equipment that's been certified as Y2K ready by the manufacturer and tested by our core team.''
For their applications source code, BBH&Co.'s Y2K Project consisted of four phases: 1) Impact and Assessment, 2) Renovation, 3) User Acceptance Testing, and 4) Implementation. These applications run on a variety of enterprise, client-server and PC platforms for a diverse group of user areas and had to be melded into a comprehensive Year 2000 plan.
''Because of all these issues, we decided to supplement our internal staff with the services of an experienced software conversion vendor,'' indicated Rick Berk, department head, Enterprise Systems at BBH&Co. ''We selected San Francisco-based Forecross Corporation for the high degree of automation in their tool sets as well as for their history of success in large-scale conversion projects.
''Forecross has experience in both legacy migrations and Year 2000 renovation. Their automated tools not only dealt with the Y2K issues in our code, but upgraded it when required to operate under COBOL LE 370 for MVS. Forecross was able to deliver renovated and upgraded application source code in mid-July, ahead of our original schedules, which allowed plenty of time for testing.''
BBH&Co. involved over 150 different internal user departments to test for application functionality involving both pre-2000 and post-2000 data and test situations. Rick Berk indicated, ''User representatives from each BBH&Co. functional business area participated in the building and execution of test scripts, including the verification of results. These results were reviewed by our Quality Assurance area prior to the implementation of the renovated code into our production environment.''
Berk continued, ''Additionally, our internal audit staff worked closely with the Y2K team and with user representatives throughout the entire process.'' During 1998, BBH&Co. also conducted tests with a number of their clients who have customized point-to-point communications links with BBH&Co. These tests focused on the entire ''life of a trade'' cycle.
''The planning and the hard work paid off,'' remarked Bill Anderson. ''Completing this project in early 1999 allows us to be ahead of the game in resolving our Year 2000 issues.''
About Brown Brothers Harriman
Founded in 1818, Brown Brothers Harriman & Company is America's oldest and largest private bank. Full banking offices are located in Boston, New York and Philadelphia. Other offices are located in Chicago, Dallas, Los Angeles, Naples, Palm Beach, Charlotte, London, Luxembourg, Dublin, Hong Kong, Tokyo, Zurich and Grand Cayman.
About 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 offerings include AASKI Technologies, Ltd., Alydaar Software Corporation, TRW, Inc. (BDM International), CIBER, Inc., Information Sciences Group, Inc., Marconi Information Systems (a business division of Marconi North America Enterprise Solutions, formerly known as Tracor, Inc.), 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 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 to Editors: Forecross is a registered trademark of the Forecross Corporation. Complete/2000 is a registered service mark of Forecross Corporation.
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Contact:
Forecross Corporation, San Francisco
Patricia A. Jones, 415/543-1515
Patricia_Jones@forecross.com
forecross.com
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