Veronex Announces New Teaming Agreement with ISN Corporation
PR Newswire - January 12, 1999 18:18
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IRVINE, Calif., Jan. 12 /PRNewswire/ -- The Board of Directors of
Veronex Technologies, Inc. ("Veronex") (OTC Bulletin Board: VXTK) today
announced that Veronex has entered into a Teaming Agreement with ISN
Corporation ("ISN"), an established systems integration company
headquartered in Washington D.C.
Veronex and ISN will jointly pursue select applications development and
applications management outsourcing business within the Federal Government.
Veronex will benefit from ISN's established relationship in the U.S.
Government. ISN will take advantage of Veronex's innovative I|Nova System
for solving the Year 2000 computer problem and migrating proven mainframe
applications to a client-server architecture.
Veronex has created the I|Nova System, a new technology for applications
life-cycle, in essence, through a library of functional modules and a
run-time system that enables software developers and maintenance staff to
save time and improve quality through effective reuse of commonly-utilized
functions. This unique technology is platform independent,
self-documenting, and highly efficient. The technology also improves
existing applications and can solve the Y2k problem with its automated
DataCentric Analyzer.
Thomas J. Price, Veronex President, commented, "This teaming arrangement
with ISN enables Veronex to present its I|Nova System enterprise solution
software to the U.S. Government. ISN's expertise gained by managing over
200 contractual efforts over the last 17 years, with over 1500 projects,
enables the I|Nova System to be showcased to a vast new network of
governmental and commercial accounts."
"ISN remains at the forefront of technology application so that it can offer
its clients systems which utilize the latest technology and provide
effective and efficient services," said Roma Malkani, ISN President and CEO.
"Veronex's I|Nova System is an outstanding software tool which we believe
can benefit our clients by improving the time-to-market, quality and cost of
applications development and management."
About Veronex Technologies, Inc.
Veronex Technologies, Inc., (OTC Bulletin Board: VXTK) designs, develops,
licenses and supports computer software products for complete "business
systems" application development and implementation for enterprise
solutions. The Company's I|Nova System is a fully integrated business
application development tool for enterprise wide software solutions and
migration which has been ITAA *2000 Certified. To learn more about Veronex,
visit its web site at: veronex.com.
About ISN Corporation
ISN Corporation (Information Systems & Networks) is a Washington, D.C.-based
high-technology systems integration company which provides services in
enterprise networking, information technology, global communications, air
traffic management, and Year 2000 services in more than 15 U.S. states. ISN
is recognized for its many years of service in Air Traffic Management,
having worked with the FAA since 1980. Additionally, through a recently
awarded GSA Schedule Contract for IT services, ISN is available to all
federal agencies. Founded in 1980, the company has a history of
uninterrupted growth in revenue and client base. To learn more about ISN,
visit its web site at: isncorp.com.
This statement includes forward-looking information as that term is
defined in the Private Security Litigation Reform Act of 1995, and
therefore, is subject to certain risks and uncertainties. There can be no
assurance that actual results, business conditions, business developments,
losses and contingencies and local and foreign factors will not differ
materially from those suggested in the forward looking statements as a
result of various factors, including market conditions, competition,
advances in technology, and other factors.
SOURCE Veronex Technologies, Inc.
/CONTACT: David A. Wooldridge of Veronex Technologies, Inc.,
949-253-9600, fax: 949-253-9677/
/Web site: isncorp.com
/Web site: veronex.com |
