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Alchemy Signs Reseller Agreement with Aithent, Extending Reach of Legacy Modernization Solutions.


BEND, Ore. -- Alchemy Solutions, Inc. (www.alchemysolutions.com), provider of legacy modernization solutions for Microsoft's .NET Framework, today announced a comprehensive reseller agreement with Aithent Inc. (www.aithent.com), a leading provider of IT software and services worldwide. Under terms of the partnership, Aithent will resell Alchemy's software across the US and Canada and create systems that better leverage and modernize customers' mainframe-based legacy assets.

Alchemy's market-leading software preserves and extends customers' investments in their legacy mainframe systems by modernizing applications during the process of being migrated to the .NET environment. Aithent is a SEI CMM-Level 5, full-service IT consulting organization and a Microsoft[R] Certified Partner with a strategic focus on the .NET platform. With proven applications, technology expertise as well as business experience in multiple industry verticals Alchemy and Aithent together provide the ideal solution for both large and mid-sized organizations faced with legacy modernization challenges.

"People define modernization in different ways, from maximizing their mainframe applications to moving off the mainframe altogether. For a CIO CIO: see American Federation of Labor and Congress of Industrial Organizations.


(Chief Information Officer) The executive officer in charge of information processing in an organization.
, modernizing must also mean deriving more value from their systems," said Ron Minafri, former CIO, State of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Insurance Department and now senior advisor In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor.  to Aithent. "This strategic alliance will help deliver the Alchemy solution to a broader audience, with the added benefit of Aithent's technology and domain expertise."

"Legacy modernization in general, and web service optimization in particular, continue to be key alternatives for mitigating the business and economic issues associated with legacy systems. Customers are increasingly turning to us to help control their costs of running IT systems," said N. Venu Gopal, Aithent co-founder 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. . "Leveraging Alchemy Solutions technology and our expertise built over 18 years of helping organizations modernize legacy applications, Aithent is in a strong position to help companies move ahead while controlling costs. Alchemy has a great track record and proven technology that makes them an obvious choice for us."

"Aithent has a broad customer base in several markets that are important to Alchemy, including financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, government, healthcare and technology. In today's economic climate, the principles of reuse and resource optimization are paramount. Some industries are just discovering this fact, but these concepts have always been core to Alchemy, and to Aithent," remarked Ron Langer, Alchemy Solutions COO and Group President. "This relationship underscores our strategy of working with the right partners that have domain expertise to fulfill market needs."

About Aithent

Aithent (www.aithent.com) is a global IT software and services firm that delivers tangible value to leading organizations worldwide. Aithent's global RightShore delivery model successfully aids clients by designing, developing and implementing innovative software solutions to streamline complex business processes and modernizing costly, high-maintenance legacy systems.

About Alchemy

Alchemy Solutions (www.alchemysolutions.com) is a leading provider of technology solutions that help organizations integrate legacy applications with the latest Microsoft Windows See Windows.

(operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then.
 technologies, including Visual Studio and the .NET Framework. The company's technology enables significant cost savings by moving applications and data from expensive mainframe platforms to cost-effective Windows environments. The Alchemy Solutions suite includes NeoKicks[TM], NeoBatch[R], NeoSort[TM] and NeoData[TM] enabling the modernization of mission critical CICS (Customer Information Control System) A TP monitor from IBM that was originally developed to provide transaction processing for IBM mainframes. It controls the interaction between applications and users and lets programmers develop screen displays without  and batch applications within the Microsoft .NET See .NET.  environment. Additionally, Alchemy Solutions, and its worldwide network of partners, distribute the Fujitsu NetCOBOL family of runtime-free 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.
 compilers outside of Japan. Alchemy Solutions, Inc. is a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market
close corporation, closed corporation, private corporation
 with headquarters in Bend, Oregon Bend is a city in Deschutes County, Oregon, United States. The name Bend was derived from "Farewell Bend," the designation used by early pioneers to refer to the location along the Deschutes River where the town eventually was platted, one of the few fordable points along the . The company resulted from the 2008 acquisition of the Legacy Modernization Group of Fujitsu Computer Systems.

Fujitsu and NetCOBOL are registered trademarks of Fujitsu Ltd. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and other countries. Alchemy Solutions, NeoKicks, NeoBatch, NeoSort and NeoData are trademarks or registered trademarks of Alchemy Solutions, Inc. in the United States and other countries.
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Publication:Business Wire
Date:Apr 7, 2009
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