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Computer Concepts' SOFTWORKS subsidiary to market Year 2000 technologies from Cognizant Technology Solutions.


BOHEMIA, N.Y.--(BUSINESS WIRE)--May 15, 1997--Computer Concepts Corp. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CCEE CCEE Conseil des Conférences Episcopales Européennes (Switzerland)
CCEE Câmara de Comercialização de Energia Elétrica
CCEE Consilium Conferentiarum Episcoporum Europae (Council of European Bishops' Conferences) 
) today announced that its SOFTWORKS subsidiary has acquired, from Cognizant Technology Solutions Cognizant redirects here. For a definition of the word see the entry for at Wiktionary

Cognizant Technology Solutions (NASDAQ: CTSH) is an information technology services company with headquarters in New Jersey U.S.A.
 (CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS.

(2) (Common Type System) The data typing used in .
), the exclusive, worldwide marketing rights to two technologies that help organizations deal cost-effectively with the impending im·pend  
intr.v. im·pend·ed, im·pend·ing, im·pends
1. To be about to occur: Her retirement is impending.

2.
 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. . In addition, SOFTWORKS and CTS are partnering to provide comprehensive Year 2000 conversion services through SOFTWORKS Services Arena.

Cognizant Technology Solutions is a leading provider of Year 2000 services, including full-system conversion solutions for the entire Year 2000 life cycle from assessment to implementation. CTS has successfully delivered tool-based Year 2000 solutions since 1994, for most languages and platforms, in mainframe and client server environments. CTS's clients include Dun & Bradstreet, the Pacific Exchange, Aetna-Canada and several other industry-leading clients. Cognizant Technology Solutions is a unit of Cognizant Corporation (NYSE NYSE

See: New York Stock Exchange
:CZT CZT Cadmium Zinc Telluride
CZT Chirp Z-Transform
CZT Community Z Tools
CZT Concentric Zone Theory
CZT Central Zone Time
), whose principal operating units include IMS (1) See IP Multimedia Subsystem.

(2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS.
 and Neilsen Media Research. Cognizant Corporation also has a majority interest in The Gartner Group.

"Softworks and Cognizant Technology Solutions complement each other very well" says Kumar Mahadeva, 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 Cognizant Technology Solutions, "and together we can offer customized solutions for clients anywhere along the spectrum from those handling Year 2000 entirely in-house, to those wishing to outsource the entire process."

Under the agreement, SOFTWORKS has acquired the exclusive, worldwide marketing rights to technologies that provide an analysis of Year 2000 data code occurrences in both mainframe and UNIX systems, as well as a code conversion tool that supports mainframe environments. The CTS technologies will be marketed by SOFTWORKS' North American direct sales force and international distributors under the names HotDate 2000/DISCOVER and HotDate 2000/CONVERT, and will be available from SOFTWORKS during the third quarter of 1997, with pricing to be announced To be announced (TBA)

A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered.
. CTS will continue to use the tools as part of its Year 2000 services.

"Since its introduction in January, our 2000 Arena has gained significant market acceptance. Our customers have asked us to round out our solution set by providing additional functionality, and we have responded rapidly with our agreement with Cognizant Technology Solutions. These are proven technologies that have been used to identify and produce Year 2000-compliant date processing in more than 50 million lines of production code," says Judy Carter, SOFTWORKS' president and chief executive officer.

HotDate 2000/DISCOVER is an impact analysis tool for MVS (Multiple Virtual Storage) Introduced in 1974, the primary operating system used with IBM mainframes (the others are VM and DOS/VSE). MVS is a batch processing-oriented operating system that manages large amounts of memory and disk space.  environments that supports 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.
, PL/1, and Assembler. HotDate 2000/DISCOVER-MP is an impact analysis tool for UNIX UNIX

Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics).
 environments that supports WIN32, COBOL, C, and PowerBuilder applications. HotDate 2000/CONVERT is an automated code conversion tool for COBOL applications in MVS environments. It automatically inserts expansion, windowing, or encoding code for handling the Year 2000 in COBOL programs. The benefits of HotDate 2000/CONVERT are that it increases productivity while cutting the costs of manual conversion, provides consistent and accurate code changes, and automatically propagates the changes to all affected application components.

The technologies will become part of SOFTWORKS SavanTechnology (SST SST: see airplane. ) solution set--a comprehensive suite of intelligent solution sets for managing enterprise-wide data and storage, systems performance, communications, and Year 2000 issues. SST is a set of core technologies and R&D principles that result in products that include a high degree of embedded intelligence, that are intuitive and easy to use, and that integrate tightly with one another. These solutions extend the life of existing systems, leverage staff expertise across multiple hardware platforms and operating systems, and provide the ability to keep mission-critical systems up and running by automatically taking action instead of merely monitoring and reporting out-of-parameter conditions. SST solution sets are focused in four key IT arenas: DataStor, Performance, Communications, and Year 2000.

In addition, SOFTWORKS and Cognizant Technology Solutions will provide, through SOFTWORKS Services Arena, comprehensive millennium services including impact analysis, simulation, testing, conversion assistance, staff augmentation and project management.

Computer Concepts develops software tools including d.b.Express(TM) that assist end users in the retrieval and visualization of all types of data across many platforms, including the Internet via its JAVA version of d.b.Express. Computer Concepts' d.b.Express Internet Server(TM) has recently been integrated with British Telecom's Syncordia Services' C-View software application. C-View will allow BT's customers to access and analyze the high volumes of technical and account information available within British Telecom's Internet-based databases without having to download the data to their own computers. The new d.b.Express Internet Server and JAVA Applet have overcome a major Internet problem, that of high data volume and limited bandwidth, which is currently responsible for the lengthy delays associated with data downloading on the Internet. Its wholly owned SOFTWORKS subsidiary is a leading global provider of IT solutions for the enterprise. Founded in 1977, SOFTWORKS responds to the data management needs of more than 1,800 organizations worldwide, supporting customers in more than 50 countries. SOFTWORKS' customers include nearly 80 percent of the FORTUNE 100. Located in Bohemia, New York Bohemia is a hamlet (and census-designated place) in Suffolk County, New York, United States. The population was 9,871 at the 2000 census.

Bohemia is in the Town of Islip.
, Computer Concepts and its subsidiaries employ a staff of 186. For more information about Computer Concepts and its SOFTWORKS subsidiary, call (516) 244-1500 or visit Computer Concepts' web site at www.computerconcepts.com or the SOFTWORKS web site at www.softworkscc.com.

CONTACT: Manhattan Media Associates

Media: Fielding Dupuy (212) 633-2283

OR

Softworks, Inc.

Lisa Welch-Vice President

(703) 317-2424

OR

Computer Concepts Corp.

Leigh Athans - Investor Relations Manager

Gary Kolesar - V.P. Investor Relations

(516) 244-1500

OR

Cognizant Technology Solutions

Raj Mehta-Senior Manager

(301) 998-6115
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 15, 1997
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