PR Newswire - December 22, 1998 11:08
Lloyds TSB Group to Implement Leading Software Configuration Management Solution throughout UK
MOUNTAIN VIEW, Calif., Dec. 22 /PRNewswire/ -- INTERSOLV, Inc., a company in the Micro Focus Group ("Micro Focus") (London: MICF; Nasdaq: MIFGY), recently announced in the United Kingdom that it has won a contract to supply Lloyds TSB Group with a corporate license for its PVCS Version Manager software configuration management (SCM) solution, to be implemented at Lloyds TSB's development sites throughout the UK.
Lloyds TSB, the UK's largest financial services group, has purchased the license in order to maximize productivity of its in-house software development projects. A large number of employees within the Lloyds TSB Group, which includes Cheltenham & Gloucester and Lloyds Abbey Life, are already existing users of PVCS Version Manager. The contract provides a corporate-wide license for PVCS Version Manager and associated maintenance for three years.
Mike Chambers, software purchasing manager, Lloyds TSB Group, said, "PVCS Version Manager was chosen because it provided the best solution to meet our software configuration management needs now and in the future."
Simon Atkinson, country manager (SCM), INTERSOLV UK, said, "This agreement is the culmination of a highly productive relationship between Lloyds TSB and INTERSOLV. It reinforces INTERSOLV's tremendous commitment and presence in the UK banks, most of which now use PVCS. We look forward to continuing our excellent business relationship with the Lloyds TSB Group."
PVCS Series: Software Change Management
PVCS empowers organizations to deliver higher quality software faster. The PVCS Series integrates configuration management (CM), process automation (PA), and issue management (IM) to make the entire development operation more responsive and more competitive. By providing a powerful, industry-leading combination of people, process and products, PVCS gives teams the freedom to choose from the widest range of platforms and development environments, create more innovative software and compete more effectively. Ninety-six of the Fortune 100 companies rely on PVCS to gain a competitive development advantage. More than 500,000 users at 25,000 sites worldwide including Chrysler, PaineWebber, MCI and Nike, and nearly 70 industry partners have made PVCS the undisputed global standard for SCM.
Lloyds TSB Corporate Profile
Lloyds TSB is a leading UK-based financial services group whose businesses provide a comprehensive range of banking and financial services in the UK and overseas. At the end of 1997, total group assets were #158 billion and market capitalization was #42.6 billion. Group profits were #3.16 billion.
Micro Focus Corporate Profile
Micro Focus (Nasdaq: MIFGY; London: MICF) is a leading software solutions vendor that enables corporations to accelerate the development and delivery of applications designed to run in today's distributed enterprise computing environments. The company's solutions allow its customers to leverage their existing IT investments in applications and people, to access information quickly and easily, to build applications that integrate existing information assets across the enterprise, and to manage the development and deployment process to ensure quality applications.
Founded in 1976, Micro Focus is known as a leading provider of enterprise application development and maintenance solutions for MVS, UNIX, Windows, NT and Web environments. With its recent acquisition of INTERSOLV, a global market leader in software change management and open data connectivity products and services, Micro Focus is now a leader in helping its customers respond quickly to business and technological change. Micro Focus(R) products include the PVCS(R) line of software change management products, the DataDirect(R) line of standards-based data access and connectivity products, and the Micro Focus line of applications development and transformation solutions.
Micro Focus is a registered trademark of Micro Focus Limited. INTERSOLV, DataDirect and PVCS are registered trademarks of INTERSOLV, Inc., a wholly- owned subsidiary of Micro Focus Group plc. All other trademarks are the property of their respective owners.
In the U.S., Micro Focus is located at 701 E. Middlefield Road, Mountain View, Calif. 94043; telephone 650-938-3700. In the UK, Micro Focus is located at The Lawn, 22-30 Old Bath Road, Newbury, Berkshire, RG14 1QN; telephone 01635 32646. For additional information on Micro Focus and its products, visit the Micro Focus Web site at microfocus.com.
SOURCE INTERSOLV, Inc.
/CONTACT: Regina Freeman of FitzGerald Communications, 415-986-9500 or regina_freeman@fitzcomm.com, for INTERSOLV/
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/Web site: microfocus.com
/Web site: intersolv.com |