Listed below is the news. I think that the Forecross strategy is developing nicely. We now have TRW (formerly BDM), EDS and Ciber enrolled to work with Forecross. . For those that are new to Forecross (and it seems we've had a number of new names lately) recall that Forecross never had a bodyshop strategy. They have always been a software conversion factory service provider, not I repeat not just a software provider like
Viasoft or Peritus. They pursued a distribution strategy from distributors and consulting shops. Places like EDS and TRW do not choose vendors lightly which will not only likely lead to mega business (as EDS works closely with GM and TRW most certainly has a bundle of code to convert) but further legitimizes their capability. The bodyshops are full. It will only take a few more months for investors to wake further up. .
SAN FRANCISCO, April 13 /CNW/ - Forecross(R) Corporation (VSE-FRX.U), a
leading legacy migration and year 2000 solution company, announced today that
it has signed a contract with NGSET, a consulting firm based in France, to
upgrade 1700 programs from COBOL/VS to COBOL for MVS, for one of NGSET's
customers. Forecross will use its ReDirect software product to automatically
translate the older dialect contained in these COBOL programs so that they may
take advantage of newer COBOL compilers which among other features are Y2K
compliant.
The ReDirect product has been in use at Forecross since its initial
deployment nearly ten years ago. ''We have been using ReDirect as a standard
part of our legacy migrations without much notice for a long time. This new
found popularity is, I believe, a direct result of the year 2000 initiative.
There are billions of lines of older COBOL out there, and we can upgrade them
alone with ReDirect, or as part of our Complete/2000 solution,'' said
Bernadette C. Castello, Senior Vice President and CFO of Forecross
Corporation.
The Forecross flagship year 2000 product, Complete/2000(TM), assesses and
renovates all versions of COBOL. The Company analyzes and automatically
renovates COBOL running on Micro Focus, MVS, HP, VM, VSE, AS/400, UNIX/AIX,
DEC VAX, Wang and Tandem platforms. ReDirect is an additional factory service
that automatically upgrades COBOL programs written in older versions prior to
ANSI 85 COBOL II so that they will compile successfully under the new
year-2000-compliant COBOL compilers, such as COBOL/370 and COBOL for MVS.
Beyond the language of COBOL, Complete/2000(TM) assesses and renovates C, C++,
PL/I, PowerBuilder, CA-Easytrieve, REXX, IMSADF II, APS, CPS, CA-ADSO,
CA-Telon, CA-Ideal, Clist and CA-UFO.
Founded in 1982 as a high-technology software development laboratory,
Forecross Corporation is dedicated to the design and development of innovative
conversion software. Clients have included such leading corporations as IBM
Corporation, Aetna Life Insurance Company, Brown Brothers Harriman & Company,
Charles Schwab & Co., BDM Technologies, Inc., and Bank of America NT&SA for
its migration software services. Teaming partners include TRW, Inc. (BDM
International), CIBER, Inc., NCR Corporation, SCB Computer Technology, Inc.,
and Electronic Data Systems Corporation (EDS) for its Complete/2000(TM)
offerings.
On Behalf of the Board of Directors,
Bernadette C. Castello
Senior Vice President and CFO
FORECROSS CORPORATION
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