Computer Associates Builds a Ten-Year Partnership With CONTECH Construction.ISLANDIA, N.Y.--(BUSINESS WIRE)--July 8, 1997-- CONTECH Protects Their Software Investment By Migrating to CA-Masterpiece on Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. The Enterprise Financial Management Group, an independent business unit of Computer Associates International, Inc. (NYSE NYSE See: New York Stock Exchange : CA), and CONTECH Construction Products, announced today that they have agreed to enter into a long term license agreement for CA-Masterpiece on the Windows NT platform. "With the complexity of financial reporting for over 40 manufacturing locations, we found that there was no other accounting system that fit our business as well as CA-Masterpiece," said Chuck Fortener, General Manager at CONTECH. "We have depended upon the mainframe for years, and now have a corporate direction to move to Windows NT. We were very impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with the functionality and seamless transition between the character and graphical user interfaces graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to ." CONTECH's migration to the Windows NT platform allows them to obtain a significant return on their original investment in CA-Masterpiece. CONTECH has been a longtime long·time adj. Having existed or persisted for a long time: a longtime friend; a longtime resident of Detroit. longtime Adjective user of CA's Enterprise Financial Management solution, CA-Masterpiece. When CONTECH selected Windows NT as their strategic platform, they looked at solutions from other vendors and then chose CA-Masterpiece. "CA and our clients have each made significant investments in many of the features of CA-Masterpiece," said Abram E. Azagury, senior vice president and general manager of CA's Enterprise Financial Management Group. "Protecting client investments is the primary guiding principle behind our development strategy. In support of this principle, we are providing our clients the benefits inherent in newer technologies such as the Internet/Intranet and the Graphical User Interface while protecting the investments they have already made in the solution." CONTECH Construction Products is recognized as the strongest marketing force in the construction products industry. Each year they manufacture and sell millions of dollars of steel, aluminum, plastic and geosynthetic products to serve the needs of governmental, industrial, commercial and private construction markets. "With the extended term we will be able to keep our annual costs lower, and we like the idea of having the price fixed for the next ten years," said Chuck Fortener. "We believe that a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. partnership with Computer Associates will prove to be beneficial to our overall application solutions strategy." CA-Masterpiece is a comprehensive, integrated enterprise financial management solution accommodating the multi-organizational, multi-national and multi-currency needs of thousands of organizations worldwide. CA-Masterpiece includes Consolidation, General Ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. , Accounts Payable, Accounts Receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying , Fixed Assets fixed assets npl → activo sg fijo fixed assets npl → immobilisations fpl fixed assets fix npl → , Purchasing, Fund Accounting, Inventory Control, Job Cost, Labor Distribution and powerful query, reporting and analysis tools. Computer Associates' Enterprise Financial Management Group is responsible for the development, support, marketing, and sales of CA's financial management and human resource management business solutions. CA's Enterprise Financial Management Group is dedicated to delivering enterprise financial management solutions that meet the evolving needs of worldwide businesses in a multitude of platform and operating environments In computing, an operating environment is the environment in which users run programs, whether in a command line interface, such as in MS-DOS or the Unix shell, or in a graphical user interface, such as in the Macintosh operating system. . Computer Associates International, Inc. (NYSE: CA), with headquarters in Islandia, NY, is the world leader in mission-critical business software. The company develops, licenses and supports more than 500 integrated products that include enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. and information management, application development, manufacturing and financial applications. CA has nearly 10,000 people in 160 offices in 40 countries and had revenue of $4 billion in fiscal year 1997. CA can be reached by visiting http://www.cai.com on the World Wide Web, emailing info@cai.com or calling 1-516-342-5224. -0- All referenced product names are trademarks of their respective companies. CONTACT: Laura Fais, (516) 342-2245 or faila01@cai.com |
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