Jeffrey, I forgot to mention I took a position in UCMP last week. See News...
Compuware and UniComp Announce $1.25 Million Distribution Agreement for uniPims Human Resources Planning and Management System MARIETTA, Ga.--(BUSINESS WIRE)--March 22, 1999--
Agreement Represents New Enterprise Software Solution
for Compuware's UNIFACE Component Plaza
UniComp, Inc. (NASDAQ:UCMP) and Compuware (NASDAQ:CPWR) Asia Pacific, have signed an agreement to distribute UniComp's uniPims human resource planning and scheduling solution developed by UniComp in Compuware's UNIFACE development environment. The new agreement with guaranteed minimum revenues of over 1.25 million to UniComp, represents a further addition to Compuware's UNIFACE Component Plaza, a collection of UNIFACE developed applications and components by Compuware business partners.
UniPims' rostering and time and attendance package has been developed to meet the sophisticated requirements of organizations with a large workforce and flexible working hours that need to optimize their workforce planning. Under the terms of the agreement, Compuware will market, install and support uniPims in the Asia Pacific region.
"UniPims builds on the success of other UNIFACE-developed applications in the Component Plaza and enhances the integrated suite of enterprise applications available to our clients," said Compuware Solutions National Manager Daniel Sheahan. "One of the key features of the uniPims' system is its rostering module which generates, manages and monitors shift work rosters and includes a modeling system to match jobs with employees. Now organizations can easily maximize productivity and minimize costs by using the most efficient allocation of workforce resources. It's a unique productivity tool for large service organizations," he added.
"This relationship with Compuware in the Asia-Pacific region is the beginning of what we believe to be a world-wide strategic alliance and represents UniComp's first step in establishing an Australian office," said UniComp President and CEO Stephen Hafer. "UniComp will continue to develop additional software products under Compuware's UNIFACE development environment and Compuware will work with our organization to bring them to market."
About UniComp
UniComp, Inc. develops, markets and supports platform-migration, vertical, market applications and payment processing systems for Windows NT and UNIX-based computer systems and point of transaction processors worldwide. The company licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public-sector, point of sale and transaction processors. Additionally, the company provides installation, training, systems integration, support and year 2000 services, serving a worldwide network of end user customers, dealers and distributors. UniComp employs over 400 staff worldwide and has over 50 distributors internationally, with over 30,000 installations in more than 55 countries. Please visit our World Wide Web site at unicomp.com for further information on UniComp.
About Compuware
Compuware Corporation is a leading worldwide provider of software products and professional services that help information technology professionals efficiently develop, implement and support the applications that run their businesses. Founded in 1973, Compuware today ranks as the fifth largest independent software vendor in the world. The company's products have been licensed by nearly 11,000 organizations worldwide. The company's professional services organization has a staff of more than 5,2000 people. Compuware, with fiscal 1998 revenues in excess of 1.1 billion, is the world leader in client/server development technology. With offices located in Sydney, Melbourne, Canberra and Brisbane, Compuware in Australia reported fiscal 1998 revenues of AUD31.5 million. For more information about Compuware, please contact Sydney, 1800 675 720. Compuware also can be found on the World Wide Web at compuware.com.
This announcement contains forward-looking statements and remarks relative revenue projections, distribution agreements, and financial performance which are subject to the risks and uncertainties described in reports filed from time to time with the SEC. These filings contain and identify important factors that could cause actual results to differ materially from those contained in our forward looking statements. These factors include, but are not limited to, timely development and market acceptance of software products and solutions, upgrades to those and the impact of competitive products, solutions, pricing and the fact that the company's software license revenue can fluctuate from quarter to quarter as a result of various factors and conditions.
-------------------------------------------------------------------------------- Contact: UniComp Inc., Marietta Robert Shaver, Senior Vice President 770/424-3684 Ext. 116 or Marty Tullio, Investor Relation Resources 949/376-4458 E-mail: mktullio@home.com (www.unicomp.com) |