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BW1028 OCT 31,1997 4:45 PACIFIC 07:45 EASTERN
( BW)(COMPUTER-CONCEPTS)(CCEE) Computer Concepts' Softworks
Subsidiary Identified as a Key Software Provider to American
International Group Data Center
Business Editors
BOHEMIA, N.Y.--(BUSINESS WIRE)--Oct. 31, 1997--Computer
Concepts Corp. (NASDAQ:CCEE) announced today that its wholly-owned
SOFTWORKS subsidiary has signed a five-year contract with American
International Group Data Center, Inc. (AIGDC), a subsidiary of
American International Group, Inc. (AIG), to provide systems
management software. AIGDC has entered into a software license which
allows AIGDC to utilize SOFTWORKS' Performance Arena and DataStor
Arena products throughout its global data centers.
"Enterprise standardization of SOFTWORKS products allows AIG to
further ensure system availability, fulfillment of service level
agreements, optimization of technology, and overall superior service
to our customers," said John Sterni, Senior Vice President of AIGDC.
Under the terms of the agreement, AIGDC will utilize Performance
Essential products from SOFTWORKS' Performance Arena to derive
maximum performance from its mission-critical systems and
applications. SOFTWORKS' Performance will provide AIGDC with better
service to its client base by substantially improving system and
application performance while reducing processing times.
Additionally, AIGDC will utilize Catalog Solution from SOFTWORKS'
DataStor Arena. Catalog Solution is the leading catalog management
solution, and will help AIGDC ensure system availability and data
reliability.
"The recent multi-year agreements not only provide new license
revenue for the company, but also create significant streams of
ongoing revenue required to achieve our historically high levels of
growth," stated SOFTWORKS' President and Chief Executive Officer,
Judy Carter. "Overall, multi-year agreements provide the customer
with enterprise flexibility, supports growth, and encourages cost
containment."
AIG is the leading U.S.-based international insurance
organization and among the largest underwriters of commercial and
industrial insurance in the United States. Its member companies
write property, casualty, marine, life and financial services
insurance in approximately 130 countries and jurisdictions, and are
engaged in a range of financial services businesses. American
International Group, Inc.'s common stock is listed on the New York
Stock Exchange, as well as the stock exchanges in London, Paris,
Switzerland and Tokyo.
SOFTWORKS offers additional product and service arenas including
DataStor Arena, 2000 Arena, Services Arena, and Communications Arena.
SOFTWORKS' products are developed using a set of core technologies
and R&D principles called SOFTWORKS SavanTechnology, or SST. SST is
designed to help organizations get the maximum return from their
existing technology investments by integrating products and
leveraging staff expertise over a wide variety of platforms.
Computer Concepts' wholly owned SOFTWORKS subsidiary is a leading
global provider of IT solutions for the enterprise including a suite
of tools which provide Year 2000 solutions. SOFTWORKS responds to
the data management needs of more than 1,800 organizations worldwide,
supporting customers, including nearly 80% of the Fortune 100, in
more than 50 countries.
Computer Concepts develops software tools including
d.b.Express(TM) that assist end-users in the retrieval and
visualization of all types of data. Computer Concepts'
d.b.Express Internet Server(TM) has recently been integrated with
British Telecom's Syncordia Services' C-View software application
which allows BT's customers to access and analyze the high volumes of
technical and account information available within BT's
Internet-based databases without having to download the data to their
own computers. The new d.b.Express Internet Server(TM) and JAVA
Applet have overcome a major Internet problem, that of high data
volume and limited bandwidth, currently responsible for the lengthy
delays associated with data downloading.
Located in Bohemia, New York, Computer Concepts and its
subsidiaries employ a staff of 186. For more information about
Computer Concepts and SOFTWORKS, call (516) 244-1500 or visit
Computer Concepts' web site at computerconcepts.com or SOFTWORKS'
web site at softworkscc.com.
--30--al/ny*
CONTACT: Media Contact:
Fielding Dupuy (212) 633-2283
Manhattan Media Associates
or
Corrine Gormont (703) 317-8799
Director of Marketing
or
SOFTWORKS, Inc., Alexandria, VA
703-317-2424
800-727-4422
softworkscc.com
SOFTWORKS, International, Ltd., Harpenden, Hertfordshire,
England
44-1582-767-940
KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
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