ACT Partners With SEEC For Independent Verification and Legacy Renewal Services Throughout Latin America.PITTSBURGH and SAN JUAN San Juan, city, Argentina San Juan (săn wän, Span. sän hwän), city (1991 pop. 353,476), capital of San Juan prov., W Argentina. It is a commercial and industrial center in an agricultural region. , Puerto Rico--(BUSINESS WIRE)--Jan. 27, 1999--SEEC Inc. (Nasdaq:SEEC SEEC Sociedad Española de Estudios Clásicos (Spanish Society for Classical Studies) SEEC Stop Experimentation on & Exploitation of Chimpanzees SEEC Supported Employment Enterprise Corporation SEEC Synthesis Engineering Education Coalition ) and Advanced Computer Technology, Inc. (ACT) today announced a partnership for providing independent verification and validation (testing) Independent Verification and Validation - (IV&V) The verification and validation of a software product by an organisation that is both technically and managerially separate from the organisation responsible for developing the product. (IV&V) services for year 2000 projects throughout Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . ACT, based in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , has begun using SEEC IV&V Workbench(TM) at its year 2000 factory in San Juan, and will resell the SEEC solution and provide additional consulting services to third party customers throughout the region. ACT and SEEC also are exploring market opportunities for mainframe systems modernization services using SEEC Re-engineering Workbench(TM). "Companies and government organizations in Latin America that have attacked the year 2000 problem Year 2000 problem, Y2K problem, or millennium bug, in computer science, a design flaw in the hardware or software of a computer that caused erroneous results when working with dates beyond Dec. 31, 1999. head-on are now realizing that they need to quickly and accurately verify and validate their systems to further minimize the risks of year 2000 failures," said Eugene R. Hudders, executive vice president of ACT. "This relationship with SEEC positions us as the premier provider of efficient, cost-effective year 2000 IV&V solutions throughout South and Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. . We have begun IV work for customers at our San Juan technical center, and we are rolling out on-site services for a number of customers throughout the region, including a major Brazilian bank." In head-to-head tests against other IV&V alternatives, the PC-based SEEC IV&V Workbench was the most productive and accurate solution, Hudders said, adding that three ACT customers reached the same conclusion in independent evaluations. "We are happy to team up with ACT, one of the leading IT services companies in Puerto Rico and Latin America," said Ravi Koka, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SEEC. "This partnership represents an unbeatable value proposition for customers, combining the unique skills, talents and technology of our two companies. We look forward to working with ACT to address IV&V before the year 2000, and we are already laying the groundwork for the significant opportunities that exist for reengineering legacy systems using SEEC's solutions in the future." SEEC IV&V Workbench employs SEEC's industry leading COBOL COBOL: see programming language. COBOL in full Common Business-Oriented Language. High-level computer programming language, one of the first widely used languages and for many years the most popular language in the business community. analysis technology, specifically adapted to recognize and evaluate year 2000 remediated code, and to provide complete verification reports. The IV&V Workbench also includes a suite of testing tools, SEEC AccuTest(TM), that minimize testing time by pinpointing the lines of code The statements and instructions that a programmer writes when creating a program. One line of this "source code" may generate one machine instruction or several depending on the programming language. A line of code in assembly language is typically turned into one machine instruction. that need to be tested and by generating comprehensive test-cases. More than 150 service providers, leading international companies and government organizations have used SEEC's tools since 1995 to process over one billion lines of COBOL, Natural and other legacy code on IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Unisys, DEC/VAX and HP 3000 mainframes and other high-end computer systems. About Advanced Computer Technology, Inc. ACT delivers enterprise-scale, production-oriented computing solutions that help customers solve strategic business and information management problems. Its primary services are facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. (outsourcing), consulting and education services, and it operates the only year 2000 renovation factory in the Caribbean. With more than 100 bilingual professionals and offices in the Dominican Republic, Panama, Venezuela, and St. Petersburg, Florida St. Petersburg (often shortened to St. Pete) is a city in Pinellas County, Florida, United States. The city is known as a vacation destination for North American and European vacationers, as well as a politically important battleground in U.S. Presidential politics. , ACT is one of the largest independent consulting and services providers in Puerto Rico and the Caribbean. Its solution experts provide end-to-end project management, IT services and training for banks, insurance companies, manufacturers, utilities and government agencies throughout South and Central America. Visit ACT's Web site at www.actpr.com. About SEEC, Inc. SEEC, Inc. (Nasdaq:SEEC) provides integrated and comprehensive enterprise solutions that maximize the value of legacy computer assets by adapting mainframe systems to changing business needs. SEEC's solutions combine a suite of proven software products with well-defined repeatable methodologies that improve the quality, productivity and effectiveness of the reengineering process. Manufacturers, telecommunications providers, financial services companies, public agencies and IT service providers are using SEEC's tools and processes to address reengineering challenges like the year 2000 problem and the transition to the unified European currency (the euro); to improve software quality through independent verification and validation (IV&V); and to integrate new technologies like the World Wide Web and data warehousing. SEEC has direct sales and support offices in North America, Europe and Asia plus sales and services alliances with leading global IT service providers. Visit SEEC's Web site at www.seec.com. Copyright 1999, SEEC, Inc. SEEC product names are trademarks of SEEC, Inc. All other products and company names are trademarks of their respective companies. The statements made in this press release that are not historical facts contain forward-looking information that involves risks and uncertainties that may cause actual results to differ. Such risks include, but are not necessarily limited to, those detailed in the Company's Securities and Exchange Commission filings. |
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