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Technology Stocks : WHAT IS BEYOND 2000 FOR Y2K COMPANIES -- Ignore unavailable to you. Want to Upgrade?


To: paul e thomas who wrote (26)6/4/1998 12:16:00 PM
From: Thelonious  Respond to of 29
 
DATA GENERAL COMPLETES SALES AGREEMENT WITH EGAN SYSTEMS

HOLBROOK, N.Y.--(BUSINESS WIRE)--June 4, 1998--Egan Systems Inc. (OTCBB:EGNS)
announced Thursday an agreement with Data General Corporation's (NYSE:DGN) Channel
Sales Division to resell Egan's Year 2000 software toolset. The sales will be made to Data
General's customers whose systems use Interactive COBOL and or AOS/VS COBOL and who
wish to perform Year 2000 impact assessment and remediation of their own source code.

Data General will also exclusively market Egan's in-house Year 2000 and software migration
services to customers who wish to subcontract all or part of their Year 2000 or software migration
projects. Additionally, Data General will offer an innovative turnkey package consisting of the
appropriate Egan G-2K tool suite and a specifically configured DG Windows NT workstation on
which to perform the necessary Year 2000 fixes. The Interactive COBOL package will also
contain a full development and runtime license for this popular version of COBOL which allows
full impact assessment, remediation, recompilation and preliminary testing to be done on the
same workstation. The bundled package is expected to save customers thousands of dollars
over the price of individual components and will be available within two weeks.

Ed Egan, president of Egan Systems, said: ''Striking a deal with Data General truly shows the
quality and demand for Egan Systems' products. With prices for our stand-alone tools ranging
from $18,000-30,000 and with 3,300 initial customers identified, we expect strong potential
sales.'' Data General's Channel Sales Division is in frequent contact with thousands of users of
DG's Eclipse MVs and AViiON systems internationally and will focus on the sites employing
DG's AOS/VS operating system in conjunction with Interactive COBOL or AOS/VS COBOL.

Data General is a $1.6 billion/year company that specializes in providing high-end servers,
redundant array storage systems and related software and service to information technology
users worldwide. The company is headquartered in Westboro, Mass. and additional information
on the company is available on the Internet at www.dg.com. Egan Systems is a leader in
providing Year 2000 Impact Assessment and Remediation tools and services. Egan specializes
in building tools and solutions for COBOL languages and related software products. The
company is located in Holbrook, NY with research and design facilities in Raleigh, NC. The
company's website is: www.egns.com.



To: paul e thomas who wrote (26)6/7/1998 4:59:00 AM
From: John Mansfield  Respond to of 29
 
' Y2K v. 2: Time for Triage

By Jim Seymour

Several issues back, I jumped up and down about the
Y2K crisis barreling down on a largely blas‚ world. In
that column I urged you to stick a pin in the right people
at your company now, lest you come in to work on
Monday morning, January 2, 2000, to find some very
unpleasant surprises.

I want to follow up with some suggestions about what you can do at this
relatively late date to push your company, large or small, toward the right
decisions and right actions to minimize Y2K disasters. I also want to pass along
some of the information I've been gathering on how the Y2K problem will affect
your own PC and software and what you can do about that. This time we'll look
at survival strategies, circa mid-1998; look for the follow-up column "Y2K and
Your PC," coming to this space soon.

I've watched reactions to the impending Y2K crunch go through five distinct
phases. First there was classic, bury-your-head-in-the-sand denial: It ain't gonna
happen.

Second, smart early-response companies developed and sometimes put into
place comprehensive plans to test and fix everything having to do with Y2K date
errors in their software and hardware well before the end of 1999.

Third, we moved into a period of shock and dismay as we discovered just how
much of that old spaghetti code is still Out There and in daily use and how large
and daunting the problems really are.

Fourth, we went through the "don't fix it, dump it" stage, when companies
decided they had to abandon that legacy code and the creaking boxes that ran
the code by moving on to modern hardware and software in client/server
architectures. That was a smart and ultimately cost-effective strategy indeed,
which did wonders for the likes of Baan, SAP, and others while there was still
time to design, implement, and test those new systems.

Today we have moved into the fifth stage, which I can only call triage.
Companies are recognizing that unless their Y2K-fix programs are already well
underway and they're starting to get into testing their new code, they haven't a
chance of fixing everything in time. So they're engaging in battlefield triage,
deciding which of their vital systems they're going to let go boom! on January 1,
2000, and which absolutely, inescapably must--and still can--be fixed by then.

It's a bloody, ugly process. Telling a manager you've decided one or a dozen of
the systems his troops rely on will probably go south in eighteen months, and
you've decided you can't even try to fix the problem by then, leads to very tense
sessions. I know; clients have been calling me to come sit at the table while
they tell managers this unpleasant truth.

We do this in tiers, first briefing top management on the progress of the triage
process and the specifics of what we believe can (and hope will) be saved, as
well as what cannot be salvaged. This is both good management--remember,
you manage up as well as down--and also, frankly, a survival technique: Every
manager who's told that some of the systems his people need will go awry in
eighteen months immediately goes to his boss, and then to his boss's boss, to
get the decision overturned. When he or she finally hears that the CEO and
board have signed off on the decision, it helps calm things down a
little--superficially, at least.

If you're offended by my use of the grisly battlefield term triage, you have my
apologies. But I know of no other word that accurately describes the nature and
temper of these decisions. Often the meetings in which we try to make the
decisions take days, with a large number of restarts. We'll spend a day trying to
whittle down a list of 275 programs to an agreed-upon target of, say, 90; and at
the end of that long and wearying day, we'll find we've succumbed to so many
special pleas to keep just this one, or just that one, that our list still includes
211 proposed survivors. It doesn't work that way, so the next morning (or
continuing that night over bad take-out food and bitter coffee) we tackle the list
again.

I describe this not to win your sympathy--I'm paid well for this work and do it by
choice, so I deserve what I get--but to cast the die for the path ahead of you if
you try to push your company toward a rational response to the Y2K challenges.
You may become a hero in a couple of years, but you are not going to be seen
as Mr. Nice Guy for the rest of this century.

If you see some movement in your company, but not much, toward anticipating
and solving the Y2K dilemma, you're not alone. A recent report by Triaxis
Research captures the situation today very well: At the 250 largest public U.S.
companies, which together have total projected Y2K-fix expenditures of
$30-billion plus, only 20 percent of that amount has been spent so far.

This is turning into the biggest endgame ever for U.S. businesses. Add in the
cost and complexity of programming Eurodollar conversions--the EU has
demanded a remarkably complex triangulation method for determining national
currency-conversion rates--and we are in big trouble, indeed. Even the
consultants and others who will make out like bandits in this next frenzied year
and a half to two years take little delight in the last-minute nature of so much of
the work. It will be bloody and expensive, and we still won't get all the work done
in time. Probably not even most of it.

.....

And there are very few competent, experienced people available to help you fix
the old systems. I've seen elderly COBOL programmers, who retired in the
1970s after making $32,000 at their peak, brought back in 1997 as
$85,000-a-year contract employees. And last month a client hired a 27-year-old
who was heading one of several Y2K teams at a competitor to run that client's
Y2K teams--for a five-year, no-cut contract at $200,000 a year, plus a $50,000
signing bonus. He was a nervy guy and asked for the million bucks on a
take-it-or-leave-it basis. And he got what he wanted.

Makes signing the POs for the new stuff a little easier, doesn't it?'

zdnet.com