To: WhySoSoon who wrote (43 ) 6/14/1998 10:17:00 PM From: BM Read Replies (1) | Respond to of 192
Re-post of release on license agreement with PKS I found this slightly different version on the Informission site. Main differences are in the details on PKS' business. Note additional conversion factories (Mexico City and Omaha) as well as major line of business in migrating legacy systems to client/server and Internet platforms. Montreal, June 9, 1998 Informission Group Inc., (IFN) a public information technology company providing innovative and cost-effective solutions for the conversion, development and migration of information systems, announced today that it has licensed its Year 2000 software solution to PKS Systems Integration Inc LLC of Phoenix, (Arizona). Following an extensive evaluation process, PKS Systems Integration selected Informission Group Inc.'s RECYC2000TM and RECYC2000-EXPLORERTM and will for implementation the Year 2000 solution in conversion software engineering centers factories around the world, including factories centers in Limerick, Ireland, Bangalore, India, Mexico City, Mexico, Omaha, Nebraska and Phoenix, Arizona. By combining Informission Group Inc's tools with PKS' Suite 2000 methodology and software engineering centers, customers will receive a broad range of support on different environments requiring source code conversion. RECYC2000TM, which is among the leading solutions addressing the Year 2000 conversion problem, analyzes and automatically converts the client's source code. RECYC2000-EXPLORERTM is a re-engineering tool used in conjunction with RECYC2000TM. By allowing the user to determine exactly which part of the application needs testing, RECYC2000-EXPLORERTM significantly reduces costs and time requirements. " This agreement with PKS sets the basis for a long-term collaboration with one of the leaders in Information Technology, " stated Jacques Topping, CEO and President of Informission Group Inc. " It will certainly strengthen our marketing strategy of addressing the international Year 2000 market. " " It will also provide us with inroads regardings Euro and Intranet conversion, not to mention the migration to more powerful operating platforms and more advanced database formats." The Year 2000 conversion problem is the inability of most software programs and computer systems to properly interpret dates once the millennium changes. Most software programs and computer systems were encoded with two-digit date fields instead of four-digit date fields to save memory space. When the Year 2000 rolls around, however, these systems will misinterpret the " 00 " date field as " 1900 ". PKS Systems Integration Inc. PKS is an international company providing full-service computer outsourcing, systems integration, and enterprise Internet services. The Company is an acknowledged service leader and has a successful record of providing high-quality, custom-tailored solutions. PKS' computing operation offers customers dedicated, low-cost, high-performance computing environments, 24-hours a day, 7 days a week. The Company's systems integration services help customers define, develop and implement cost-effective information systems. LexiBridge, a PKS company, helps customers convert legacy COBOL applications to client/server and Internet platforms. 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. Informission Group Inc., which currently has three offices in Canada and one in the United States, plans to open an office in Paris, France, and Ottawa, Canada, this year. The company has 16 strategic partners (most recently SEMA in Europe, and REASONING in the United States) in 8 different countries. Last year, Informission Group Inc. was selected as one of the 50 best-managed Canadian private companies by Arthur Andersen and the Financial Post. The Company was certified ISO 9001 in 1995. - 30 - For information: DaniŠle Routhier Informission Group Inc. Director of Communications Tel.: (514) 843-2001