Princeton Softech Accelerates Oracle Application Testing at MBIA, World Insurance Leader
Move for Servers Plays Key Role in Data Movement and Y2K Strategy
PRINCETON, NJ--(BUSINESS WIRE)--Feb. 17, 1999-- Princeton Softech, a wholly owned subsidiary of Computer Horizons Corp. (Nasdaq: CHRZ - news), today announced that MBIA Inc., the world's leading provider of financial guarantee insurance, purchased Princeton Softech's Move for Servers(tm) to conduct comprehensive Year 2000 testing of a mission critical administrative system. MBIA (www.mbia.com) expects Princeton Softech's Move for Servers to continue benefiting the company after the Year 2000. Princeton Softech's Move for Servers, a data extract, transformation, migration and movement tool, enables users to create and exchange relationally intact data subsets between Oracle, DB2 Universal Database and DB2 for OS/390 databases, in preparation for cross-platform migration, application testing, staging data for production and archiving production data.
According to Michele Lachiusa Likens, a consultant who is Year 2000 Test Manager at MBIA: ''The complexity of the core administrative system that we use to manage our insurance policies can be daunting. Princeton Softech's Move for Servers was the only product that could extract and semantically age a representative sample of our Oracle data, with no limit on the number of tables or relationships. We evaluated another product, but it could not deal with the size and complexity of the database.''
There was simply no room for error if MBIA -- which guarantees the timely repayment of nearly $600 billion of principal and interest on securities world-wide -- was to cross the century boundary and maintain its peerless reputation in the financial guarantee industry. Princeton Softech's Move for Servers semantic date aging capability has been vital in ensuring the continuation of MBIA's time-sensitive financial guarantee insurance business. Princeton Softech's Move for Servers features Object-Level Semantic Aging, which overcomes single table aging restrictions, Date Interpretation, which prevents date omission errors and Semantic SafeGuard(tm), which eliminates date warping errors. Together, these facilities solve the three biggest problems in creating aged data for Year 2000 testing.
''To realistically simulate post-Year 2000 conditions we had to do more than set the system date beyond January 2000,'' continues Likens. ''Princeton Softech's Move for Servers helped us use a sample of production data, aged to targeted test dates, that thoroughly tested all the logic streams and confirmed the application's functionality post-2000. This has also saved us an enormous amount of time by eliminating the need to write, test, and debug customized extract and aging programs.''
''Our proprietary technology, the Relationship Engine(tm), which understands both the relationships that are defined to the database and those that are managed by the application code, has revolutionized the database tools market,'' said Joe Allegra, president of Princeton Softech. ''Princeton Softech's Move for Servers delivers a complete solution for complex IT problems that require 100% accuracy. In addition, Princeton Softech's Move for Servers is the only product that delivers concurrent, built-in semantic date aging for the Oracle environment.''
Princeton Softech's Move for Servers contains numerous functions that make it easy to manage data movement operations and the product supports an extensive array of aging features that are specific to the needs of a Year 2000 project. The pricing is server-based, starting at $35,000. Subsequent releases of Princeton Softech's Move for Servers will support Sybase, SQL Server, Informix and data movement interoperability between these heterogeneous DBMSs. For additional information, please point your browser to moveforservers.com.
Princeton Softech (http://www.princetonsoftech.com), visionaries in intelligent data migration and management technology, delivers software solutions that increase the productivity of IT professionals who develop, maintain and deploy critical business applications. The company's best-of-breed tools are essential for intelligent data migration and Internet database synchronization initiatives. The company also offers a range of industry leading products for implementing and testing Year 2000 releases. Princeton Softech tools, in use by over 1,700 of the world's largest companies in 30 countries, support a variety of relational database management systems on mainframe, client/server and web-based platforms.
Computer Horizons Corp., founded in 1969, is a diversified information technology services company with over 4,100 billable consultants worldwide. Through its international network of 50 offices in the US, Europe, and Canada, it provides clients with resource augmentation and advanced technology solutions to business problems through applications development, client/server migration, network management, emerging technologies, and legacy systems maintenance. Please visit our Web site at computerhorizons.com. E-mail address for more information is: information@computerhorizons.com.
--------------------------------------------------------------------------------
|
