California Software Announces New Product Standards Compliance with Microsoft B2B, E-Commerce Development Environment.Business Editors/High Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--Dec. 14, 2000 California Software Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CAWC CAWC Canadian Association of Wound Care CAWC Companion Animal Welfare Council (UK) CAWC Chicago Abused Women’s Coalition CAWC Cryogenic Aerosol Wafer Cleaning ), a leader in 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) Midrange migration products and developer of the award-winning BABY, Unibol and MLPS MLPS Modern Languages in the Primary School (Scottish primary education) MLPS Manual Lever Position Sensor MLPS Martin Luther Preparatory School (Prairie du Chien, Wisconsin) product lines, announced the integration of Microsoft product standards for B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business , e-commerce development. "For more than two decades, California Software has bridged the gap between the IBM Midrange and Microsoft environments. We have greatly expanded our model utilizing the latest Microsoft DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. , COM and DHTML See Dynamic HTML. DHTML - Dynamic HTML technology, to take advantage of the estimated $1.3 trillion in global B2B e-commerce projected for 2003," stated Carol Conway, president, California Software. Recent acquisitions of ALE Systems and Unibol have expanded the reach of California Software's technology and provided a new base of users seeking easy-to-use B2B utilities. Commented Tom Hoyt, vice president sales, California Software, "We provide a simple-to-use, low cost alternative to developers and end-users seeking an all-inclusive solution to bring their legacy applications to the Web." About California Software Corp. With headquarters in Irvine, and offices in Atlanta, Richmond, Va., Belfast, Ireland and Brussels, Belgium, California Software Corp. is the worldwide leader in IBM Midrange migration software solutions and a leader in Financial Services Software. The company's products, marketed under the brand name BABY, Unibol and MLPS, support the migration of IBM AS/400 screens and applications to Windows and the Web and loan processing applications for financial institutions. California Software enjoys more than 100,000 installations in 56 countries and is in use by such customers as Caterpillar, Volvo, DHL Worldwide, BMW Motors, Conseco and Bancomer. This news release contains forward-looking statements relating to future events or future financial performance that involve risks and uncertainties. Such statements can usually, but not always, be identified by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "intends" or the negative of such terms or comparable terms. These statements are only predictions and actual results could differ materially from those anticipated in these statements based upon a number of factors including those identified in the company's filings with the SEC. Investors are cautioned that all forward-looking statements involve risks and uncertainties of the industry in which the company operates and/or proposes to operate, including without limitation, uncertainties of product sales and product development, market acceptance of the company's products, the impact of competitive products and technological innovation, product returns and defects, product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , availability of qualified personnel, dependence on third party suppliers, success or failure of strategic business alliances, acquisitions or other business combinations, new or amended laws and regulations applicable to the company, general market conditions, and other risks. These forward-looking statements are made in reliance on the "safe-harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, as amended. |
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