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Technology Stocks : Zmax (ZMAX)/New Year 2000 play

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To: Samuel Bolles who wrote (82)2/13/1997 12:39:00 PM
From: Samuel Bolles   of 370
 
ZMAX Corp. announces contract with Fortune 100 company

WASHINGTON--(BUSINESS WIRE)--Feb. 13, 1997-- Zmax Corp announced Thursday that its wholly owned subsidiary Century Services Inc. (CSI) has received a contract from a Fortune 100 company to provide its proprietary VISION 2000(SM) services.

Under the terms of a Master Agreement, CSI has received its first work order.

"We have just begun what we believe to be a long and lasting business relationship with this Fortune 100 company. CSI's new contract, along with the strategic alliances with EDS, Hewlett Packard, Wang Federal, and First Technology Solutions provide further evidence to the effectiveness of our VISION 2000(SM) solution and a clear statement of the direction in which Zmax and CSI are heading," stated Michael Higgins, president of Zmax Corp.

CSI's proprietary VISION 2000(SM) service provides an extremely accurate, controlled, and verifiable solution for all COBOL and PL/1 main programs, subprograms, copybooks, JCL, database definitions and other software components requiring change to accommodate the year
2000 dates.

Windows based VISION 2000(SM) software has demonstrated high accuracy in identifying the lines of code directly or indirectly impacted by date change. After identification, a suite of state of the art automated conversion and test tools, including user interactive reverse engineering and a sophisticated "security lockout" feature assures comprehensive change without modifying non-date-related fields and statements.

VISION 2000(SM) service includes CSI's set of robust, secure, technically effective and cost-efficient assessment, conversion and unit test tools, along with a comprehensive management process and on-site technical support. Zmax Corp. trades with an OTC symbol of "ZMAX" and an OTC symbol of "ZMX" on the Frankfurt and Berlin Stock Exchanges

Samuel
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