To: P. Ramamoorthy who wrote (16 ) 6/16/1998 12:33:00 PM From: BM Read Replies (1) | Respond to of 19
Informission launches a combined Euro and Y2K solution Informission Group Inc. Launches its RECYC-EURO(TM) Solution during the "Salon Interfinances 98" in Paris MONTREAL, QUEBEC--Informission Group Inc., a leader in the field of software re-engineering, announced today the release of its RECYC- EURO(TM) Solution during the "Salon InterFinances 98" held in Paris from June 16-18. This information technology trade show will feature the latest financial and banking technologies as well as solutions for electronic transactions and management of the fluctuations in financial markets in terms of inter-enterprise exchanges. The RECYC-EURO(TM) solution has been designed to support companies who are faced with the task of addressing the transition to a Single European Currency for their information systems. RECYC-EURO(TM) is based upon the RECYC-ENTERPRISE(TM) Technology, which is used by several large companies around the world to solve, among other issues, the Year 2000 conversion problem. This integrated technology enables companies to carry out their impact analysis for Year 2000 and Euro simultaneously. Thus, this highly automated solution allows them to save precious time and effort in their conversion process. "We are delighted to offer a solution, based upon a proven technology, to our European clients," stated Paul-Raymond Corriveau, Informission Group's Vice-President of Marketing and Business Development for Europe. "Our European clients will be provided with a combined EURO and Year-2000 solution which will give them a significant time and cost advantage." The RECYC-EURO solution is also available in North America where several multi-national companies, having business interests in Europe, are facing a similar challenge. "Our solution for EURO-Conversion, combined with our network of European partners, represents a major asset in obtaining a solution adapted to the Canadian and American markets, since many companies will be facing this problem soon and do not realize the impact," said Informission Group's Luc Filiatreault, Vice-President Marketing and Business Development for North America. The RECYC-EURO(TM) solution is available for IBM, BULL, and DIGITAL environments in COBOL, PL/1, CA-ADS/O, and CA-IDEAL languages. Informission Group Inc. Informission Group Inc. is a public information technology company providing innovative and cost-effective solutions for the conversion, development and migration of information systems. The Company offers proprietary re-engineering software products and systems integration solutions to clients located mainly in North America and Europe. RECYC-ENTERPRISE(TM) represents the Company's flagship product. It includes several modules: RECYC2000(TM), RECYC-ASSIST(TM), RECYC-EURO(TM), and RECYC-WEB OBJECTS FACTORY(TM). Last year, Informission Group was selected as one of the 50 best-managed private companies in Canada by Arthur Andersen and the Financial Post. The Company was certified ISO 9001 in 1995. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Informission Group Inc. Paul-Raymond Corriveau (Europe) Vice-President, Marketing and Business Development 011-33-42-99-94-09 or Informission Group Inc. Luc Filiatreault (North America) Vice-President, Marketing and Business Development (514) 843-2001