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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: sibe who wrote (8423)	12/18/1997 9:24:00 PM
From: Ahda	Respond to of 13949

This compnay is not pure 2yk it is diverisified it has contracts with the government etc. Does anyone here see potential in this end of it? The Titan Corporation Announces Year 2000 Agreements With Multiple Major U.S. Telecommunications Companies --------------------------------------------------------------------------- San Diego (December 17, 1997) -- The Titan Corporation (NYSE:TTN) today announced that it has entered into Master Agreements with several leading U.S. telecommunications companies to provide Year 2000 work. Titan has commenced work on the initial tasks, totaling $3 million, under these Master Agreements, and expects to perform work on a significant number of additional tasks under the Master Agreements in the future. According to Gene W. Ray, President and Chief Executive Officer of The Titan Corporation, "Our Year 2000 practice is a natural extension of our Software Systems division's work and focus in the telecommunications industry. We are pleased that it is enabling us to win new clients among some of the most respected companies in the industry. With the Year 2000 opportunity being so vast," Ray added, "we are finding our specialization in distributed client/server and network architecture applications to be a useful differentiator in the marketplace. This specialization has also enabled us to avoid the simpler and more highly-competitive Year 2000 arena of pure COBOL mainframe applications." Tom Konchan, Titan Software Systems Vice President and General Manager, added, "We have focused on providing complete Year 2000 solutions to major telecommunications companies because these companies have significant Year 2000 needs and they want to work with strong vendors that understand their culture and business. Our background in telecommunications Operational Support System development and integration, coupled with our proven Year 2000 process, has made us an excellent choice for them." Titan Software Systems' Year 2000 practice is based on a proven, web-based Year 2000 Compliance Conversion process. The process covers the complete life-cycle from Executive Awareness Programs, through Analysis, Conversion, Testing, and turn-up of converted software in production environments. Titan Software Systems has been independently evaluated and found to exceed Software Engineering Institute (SEI) Capability Maturity Model (CMM) Level 2. Titan Software Systems' Year 2000 practice specializes in Year 2000 Compliance Conversion of distributed client/server and network architecture applications. According to Konchan, "These applications tend to be distributed across several platform types, including mainframe, UNIX minicomputers, and desktop computers. In order for Year 2000 vendors to win and successfully deliver this type of business, they must have broad skills covering each platform and the plethora of operating systems, programming languages, and third-party middleware running on each platform. Titan Software Systems' broad experience in client/server and network architecture application development and integration has prepared us well for Year 2000 Compliance Conversion efforts in this arena. Our clients tend to look to us to help with some of their most complex applications - such as multi-platform, object-oriented applications written in languages such as C++. Titan Software Systems partially automates the Year 2000 process using a combination of best-of-category third-party tools tightly integrated with in-house developed tools. "Our integrated Year 2000 environment enables us to compete cost-effectively across each of the three key platform areas: mainframe, UNIX minicomputers, and desktop computers. This integrated environment is especially important in the UNIX minicomputer and desktop computer environment where the applications tend to be object-oriented and distributed, and where third-party Year 2000 tool support is lacking," stated Konchan. Added Gene Ray: "We have found that Titan Software Systems' experience in Systems Integration is helping us win Year 2000 business because many of our clients want a Year 2000 vendor that will be around to help them after their Year 2000 problem has been solved. So, we see a clear and strong synergy between the Year 2000 business opportunity and the Systems Integration business opportunity over the next few years."