George,
Always hate it when they change the time...seems like they could do it at a more decent hour. Going around changing all these clocks at 2:00 AM is such a pain.
BTW, thought I'd post a news release from last May regarding Softworks and Cognizant. Seems there's some recent interest in this OLD news.
- - - - JOINT NEWS RELEASE - - - - COMPUTER CONCEPTS'
SOFTWORKS SUBSIDIARY TO MARKET YEAR 2000
TECHNOLOGIES FROM COGNIZANT TECHNOLOGY
SOLUTIONS
Bohemia, NY - - May 15, 1997 - - Computer Concepts Corp. (NASDAQ:CCEE)
today announced that its SOFTWORKS subsidiary has acquired, from Cognizant
Technology Solutions (CTS), the exclusive, worldwide marketing rights to two
technologies that help organizations deal cost-effectively with the impending Year 2000
problem. In addition, SOFTWORKS and CTS are partnering to provide comprehensive
Year 2000 conversion services through SOFTWORKS Services Arena.
Cognizant Technology Solutions is a leading provider of Year 2000 services, including
full-system conversion solutions for the entire Year 2000 life cycle from assessment to
implementation. CTS has successfully delivered tool-based Year 2000 solutions since
1994, for most languages and platforms, in mainframe and client server environments.
CTS's clients include Dun & Bradstreet, the Pacific Exchange, Aetna-Canada and several
other industry-leading clients. Cognizant Technology Solutions is a unit of Cognizant
Corporation (NYSE:CZT), whose principal operating units include IMS and Neilsen
Media Research. Cognizant Corporation also has a majority interest in The Gartner
Group.
"Softworks and Cognizant Technology Solutions complement each other very well" says
Kumar Mahadeva, CEO of Cognizant Technology Solutions, "and together we can offer
customized solutions for clients anywhere along the spectrum from those handling Year
2000 entirely in-house, to those wishing to outsource the entire process."
Under the agreement, SOFTWORKS has acquired the exclusive, worldwide marketing
rights to technologies that provide an analysis of Year 2000 data code occurrences in
both mainframe and UNIX systems, as well as a code conversion tool that supports
mainframe environments. The CTS technologies will be marketed by SOFTWORKS'
North American direct sales force and international distributors under the names HotDate
2000/DISCOVER and HotDate 2000/CONVERT, and will be available from
SOFTWORKS during the third quarter of 1997, with pricing to be announced. CTS will
continue to use the tools as part of its Year 2000 services.
"Since its introduction in January, our 2000 Arena has gained significant market
acceptance. Our customers have asked us to round out our solution set by providing
additional functionality, and we have responded rapidly with our agreement with
Cognizant Technology Solutions. These are proven technologies that have been used to
identify and produce Year 2000-compliant date processing in more than 50 million lines
of production code," says Judy Carter, SOFTWORKS' president and chief executive
officer.
HotDate 2000/DISCOVER is an impact analysis tool for MVS environments that
supports COBOL, PL/1, and Assembler. HotDate 2000/DISCOVER-MP is an impact
analysis tool for UNIX environments that supports WIN32, COBOL, C, and
PowerBuilder applications. HotDate 2000/CONVERT is an automated code conversion
tool for COBOL applications in MVS environments. It automatically inserts expansion,
windowing, or encoding code for handling the Year 2000 in COBOL programs. The
benefits of HotDate 2000/CONVERT are that it increases productivity while cutting the
costs of manual conversion, provides consistent and accurate code changes, and
automatically propagates the changes to all affected application components.
The technologies will become part of SOFTWORKS SavanTechnology (SST) solution
set--a comprehensive suite of intelligent solution sets for managing enterprise-wide data
and storage, systems performance, communications, and Year 2000 issues. SST is a set
of core technologies and R&D principles that result in products that include a high degree
of embedded intelligence, that are intuitive and easy to use, and that integrate tightly with
one another. These solutions extend the life of existing systems, leverage staff expertise
across multiple hardware platforms and operating systems, and provide the ability to keep
mission-critical systems up and running by automatically taking action instead of merely
monitoring and reporting out-of-parameter conditions. SST solution sets are focused in
four key IT arenas: DataStor, Performance, Communications, and Year 2000.
In addition, SOFTWORKS and Cognizant Technology Solutions will provide, through
SOFTWORKS Services Arena, comprehensive millennium services including impact
analysis, simulation, testing, conversion assistance, staff augmentation and project
management. # # #
Computer Concepts develops software tools including d.b.ExpressT that assist end
users in the retrieval and visualization of all types of data across many platforms, including
the Internet via its JAVA version of d.b.Express. Computer Concepts' d.b.Express
Internet ServerT has recently been integrated with British Telecom's Syncordia Services'
C-View software application. C-View will allow BT's customers to access and analyze
the high volumes of technical and account information available within British Telecom's
Internet-based databases without having to download the data to their own computers.
The new d.b.Express Internet Server and JAVA Applet have overcome a major Internet
problem, that of high data volume and limited bandwidth, which is currently responsible
for the lengthy delays associated with data downloading on the Internet. Its wholly owned
SOFTWORKS subsidiary is a leading global provider of IT solutions for the enterprise.
Founded in 1977, SOFTWORKS responds to the data management needs of more than
1,800 organizations worldwide, supporting customers in more than 50 countries.
SOFTWORKS' customers include nearly 80 percent of the FORTUNE 100. Located in
Bohemia, New York, Computer Concepts and its subsidiaries employ a staff of 186. For
more information about Computer Concepts and its SOFTWORKS subsidiary, call
(516) 244-1500 or visit Computer Concepts' web site at www.computerconcepts.com
or the SOFTWORKS web site at www.softworkscc.com. |
