To: Susan Saline who wrote (14438 ) 5/28/1998 9:07:00 AM From: Susan Saline Read Replies (2) | Respond to of 53068
UCMP the Z and me the following is why UCMP made a low ... a buy on hold? Wednesday May 27, 2:19 pm Eastern Time Company Press Release UniComp Inc. -- Investment Opinion -- 'Hold' GAINESVILLE, Fla.--(BUSINESS WIRE)--May 27, 1998--Barber & Bronson Inc. has revised its rating of UniComp Inc. (NASDAQ:UCMP - news) from a 1 - Strong Buy to a 3 -- Hold after results from the recently announced fourth quarter and year ended Feb. 28, 1998 came in below expectations. UniComp Inc. is a diversified provider of information technology services. ________________________________________________news out this a.m. UCMP moves nice on news...yr. 2000 news :o) Thursday May 28, 8:02 am Eastern Time Company Press Release Unicomp Releases Windows NT Based Year 2000 Solution MARIETTA, Ga.--(BUSINESS WIRE)--May 28, 1998--UNICOMP, INC. (NASDAQ: UCMP - news) today announced a new addition to the Unibol product line providing users of System/36 applications on IBM System/36's, Advanced/36's and AS/400 Systems with a forward looking route to the new millennium. The solution involves rehosting proven, mission-critical legacy applications to Windows NT or Unix and modifying them to be Year 2000 compliant at the same time. Unibol, recognized for helping IBM midrange users to extend the life of their valuable legacy code, can now offer users of System/36 applications an enticing new route to make their applications Year 2000 compliant. Unibol has put their 18 years experience working with mission critical legacy applications to work to ensure their Year 2000 solution requires minimal recoding and testing. The UNIBOL2000 solution is based on UNIBOL36 technology which replicates the SSP (Systems Software Program) development and runtime environment on Windows NT and Unix. During the migration process applications are automatically modified to become Year 2000 ready. UNIBOL2000 users benefit from the performance gains and numerous extensions to the System/36 environment available with UNIBOL36, the facilities of the Windows NT or Unix operating system and keep their well understood applications - now Year 2000 ready. These features allow applications to be converted to be Year 2000 ready with zero changes to data file layouts plus minimal changes to source members. Couple this with powerful Year 2000 analysis and rebuild tools that run as part of the migration process and you solve both your hardware and software problems while retaining your investment in legacy code. The analysis tools utilize Unibol's compiler technology plus data sampling and sniffing techniques to achieve unparalleled levels of automation and accuracy. Moreover the intuitive point and click interface means no programming experience is required to operate the tools. Not only do you end up with a Year 2000 ready application, but you also get a complete grasp of the structure of your application - file layouts, program field cross reference, files used per program - vital information for ongoing maintenance and development activities. According to Stephen A. Hafer, President and CEO of UniComp, 'Replacing existing hardware and legacy software, much of which has been customized over the years to fit the business requirements, is a high risk proposition and one which can be difficult to cost justify. UNIBOL2000 represents a low risk, low cost strategy which should cause minimum disruption to business operations and staffing, while allowing the retention of investment in legacy code.'' 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 worldwide. 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 worldwide network of end user customers, dealers and distributors. UniComp employs over 450 staff worldwide 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. This announcement contains forward looking statements and remarks relative to future events and financial performance which are subject to the risks and uncertainties described in reports filed from time to time with the SEC. These filings contain and identify important factors that could cause actual results to differ materially from those contained in our forward looking statements. These factors include, but are not limited to, timely development and market acceptance of its products (and upgrades to those products) completion of UNIBOL400 development and its subsequent market acceptance, the ability to develop new products to penetrate the POS marketplace, market pressures on its services businesses, and the impact of competitive products, pricing, and the fact that the company's software product license revenue can fluctuate from quarter to quarter as a result of various factors and conditions.