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

To: IVAN1 who wrote (8607)	12/31/1997 2:05:00 PM
From: Craig Rogers	Respond to of 13949

UCMP is bouncing today on some news: Wednesday December 31, 11:18 am Eastern Time Company Press Release UniComp and Into 2000 Sign Heads of Agreement to Develop Year 2000 COBOL Solution on IBM AS/400 MARIETTA, Ga.--(BUSINESS WIRE)--UNICOMP, INC. (NASDAQ:UCMP - news) today announced that its subsidiary, Unibol, Ltd., has agreed with INTO 2000 International, Ltd., to develop a Year 2000 COBOL version of its software for the IBM AS/400. Under the terms of the agreement, Unibol will utilize its AS/400 COBOL compiler technology to provide COBOL support for COBOL applications within the INTO 2000 Millennium toolset. The INTO 2000 Millennium toolset supports the analysis and modification of software applications developed on the IBM AS/400 and written in the RPG programming language so that such applications will function correctly through the Year 2000 and beyond. Unibol will receive worldwide royalty payments from INTO 2000 on all copies supplied to end users of the COBOL Year 2000 solution module. Development of the COBOL product will be completed by the end of January 1998, at which point beta testing will start with a premier supplier of CASE tools to the IBM AS/400 marketplace and a European oil, gas and data services company. The product is expected to be in general release from the start of March 1998. Stephen A. Hafer, President and CEO of UniComp, said, ''IBM sources estimate that approximately 20 per cent of all software applications developed on the AS/400 are COBOL applications. Based on this information, it is our belief that the Company will generate at least $5 million in Year 2000 COBOL licensing revenue and would also expect to generate significant additional revenues from associated services work.'' UniComp, Inc. develops, markets and supports platform- migration, vertical market applications and payment processing systems for Windows NT and UNIX-based computer systems and point of transaction processors world-wide. The Company licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public-sector, point of sale and transaction processors. Additionally, the Company provides installation, training, systems integration, support and Year 2000 services, serving a world-wide network of end user customers, dealers and distributors. UniComp employs over 400 staff world-wide and has over 50 distributors internationally, with over 30,000 installations in more than 55 countries. Please visit our world wide web site at unicomp.com for further information on UniComp. UNICOMP Except for the historical information contained herein, the matters discussed in this news release contain forward looking statements that involve risks and uncertainties, including timely development and market acceptance of its open systems products, upgrades to existing products, the impact of competitive products, and pricing, and the other risks detailed from time to time in the Company's publicly available reports. -------------------------------------------------------------------------------- Contact: UniComp, Inc. Robert Shaver, Vice President Corporate Communications 770-424-3684 -------------------------------------------------------------------------------- Craig

To: IVAN1 who wrote (8607)	12/31/1997 2:15:00 PM
From: Josef Svejk	Read Replies (6) \| Respond to of 13949

Happy New Year! Health, prosperity, freedom, and unhidered pursuit of happiness to All! I'm taking serious time off, will not be posting anywhere on SI - for a long while. (Not even on the FBNA thread. Sure hope someone can take care of the mail slot while I'm away.) Svejk