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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (12671)8/11/1998 10:30:00 AM
From: bob  Respond to of 13949
 
Not the best day for a PR...but.

[ Business | US Market | By Industry | IPO | AP | S&P | International | PRNews | BizWire ]

Tuesday August 11, 9:59 am Eastern Time

Company Press Release

SOURCE: Peritus Software Services, Inc.

Whistler Auto-Mation Selects Software
Asset Maintenance (SAM) Solution From Peritus

SAMRENOVATION Chosen For High Accuracy and Speed

BILLERICA, Mass., Aug. 11 /PRNewswire/ -- Peritus Software Services, Inc. (Nasdaq:
PTUS - news), a leading provider of solutions for software maintenance, today announced
that Whistler Auto-Mation Product Division of Whistler Corporation selected the Software
Asset Maintenance(SM) (SAM) Renovation service from Peritus to renovate
corporate-wide AS/400 RPG manufacturing applications. SAMRENOVATION is one of a
family of Software Asset Maintenance solutions designed to increase efficiencies and stop
the escalation of software maintenance costs.

After evaluating other vendors, Whistler Auto-Mation Products, the privately held maker
of garage and home products, selected Peritus because of the high accuracy and automation
of the Peritus technology. In addition, the SAMRENOVATION service demonstrated
significant cost savings over the other solutions.

''Peritus' superior Year 2000 identification and correction technology, experienced
personnel, and the company's impressive focus on client satisfaction were the key reasons
for selecting the SAMRENOVATION service over the competition,'' said Cindy Morgan,
Director of MIS at Whistler Auto-Mation Products. ''The SAMRENOVATION service is
now a strategic part of our information technology strategy that will enable us to maintain
growth and competitiveness beyond the Year 2000.''

Conquering the Year 2000 problem is still one of the most difficult software maintenance
challenges facing companies today. The SAMRENOVATION service uses a unique
combination of people, processes, and technologies to transform software maintenance
from a labor-intensive chore into a dynamic, leading-edge activity that boosts the precision
and productivity of Year 2000 renovations.

The SAMRENOVATION people are experts in software maintenance and are highly trained
and skilled in best practices and exclusive Peritus tools. They work as self-directed,
high-performance teams that focus on meeting client Year 2000 goals of high accuracy and
tight deadlines. The SAMRENOVATION process is based on scientific principles and the
best practices from software engineering.

The SAMRENOVATION technology uses special techniques proven to surpass other
methods of automated date-sensitive item identification and correction. ''Knowledge
propagation,'' one of the methods used, tracks the movement of date- sensitive items in
applications. By following the movement of the date- related information, the
date-sensitive items are accurately identified and then corrected from their use and format,
rather than from their names. This unique combination of people, processes, and
technologies results in dramatic increases in accuracy and efficiency in addressing the Year
2000 software maintenance problem.

''Peritus is extremely pleased that Whistler, a company known for its innovation and
quality, has selected the SAMRENOVATION factory service,'' said Gareth Taube, vice
president of Marketing at Peritus. ''Whistler industries are very competitive and the
SAMRENOVATION service has an excellent price to performance ratio that will provide
Whistler with a competitive IT advantage.''

ABOUT WHISTLER AUTO-MATION

Headquartered in Birmingham, MI, Whistler designs, manufactures and markets a variety of
garage and home products that keep consumers in touch, in comfort and control. Whistler's
innovative products provide consumer safety, security and convenience.

ABOUT PERITUS

Founded in 1991, Peritus Software Services, Inc., (Nasdaq: PTUS - news) is a leading
provider of software maintenance outsourcing services. The Peritus Software Asset
Maintenance (SAM) offerings change the paradigm of software maintenance by enabling
organizations to transform the maintenance process into an efficient, cost-effective
discipline that boosts productivity and performance. SAM offerings include customized
services for software providers, information systems organizations, and Year 2000
renovations. Peritus has successfully renovated and maintained over a billion lines of code
for clients worldwide. Peritus is headquartered in Billerica, MA and can be reached at
1-800-598-7787 or at the Peritus Web site peritus.com.

Peritus is a registered trademark and Software Asset Maintenance is a registered service
mark of Peritus Software Services, Inc.

SOURCE: Peritus Software Services, Inc.

More Quotes and News:
Peritus Software Services (Nasdaq:PTUS - news)
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