Computer Concepts Announces Financial Industry Leader to Standardize on Two Key SOFTWORKS' Product Arenas.BOHEMIA, N.Y.--(BUSINESS WIRE)--September 25, 1997-- Largest Contract in SOFTWORKS' History 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, Inc. subsidiary has signed a contract with one of the world's largest financial institutions under which that company will standardize its U.S. data centers' key Information Technology (IT) functions on SOFTWORKS' products. Under the terms of the five-year contract, which stipulates certain details remain confidential, SOFTWORKS' DataStor and Performance Arena products will become the standard systems management solutions for the financial institution's data centers across 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. . The two product sets, DataStor Arena and Performance Arena, address the critical IT functions associated with data storage and system performance optimization. SOFTWORKS' DataStor Arena redefines and extends the common processes of enterprise storage and data management. SOFTWORKS' Performance Arena derives maximum performance from mission-critical systems and applications. Daniel DelGiorno, 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 Computer Concepts, stated "Multi-year contracts not only help SOFTWORKS' customers contain costs, but in addition, they provide new license revenue as well as significant streams of ongoing revenue that allow SOFTWORKS to continue to achieve their historically high levels of growth." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Judy Carter, President and CEO of SOFTWORKS, corporations are increasingly looking to standardize their entire data center software applications, thereby taking advantage of the price predictability that such multi-year contracts provide. "Standardizing on our SOFTWORKS SavanTechnology (SST SST: see airplane. ) product sets, customers are able to reap the benefit of proactive solutions that guide them through critical systems management processes and reduce resource costs," says Carter. SOFTWORKS products are designed to help organizations get the maximum return from their existing technology investments by integrating products and leveraging staff experience over a wide variety of platforms. Additional SOFTWORKS products and services include Year 2000 Arena and Communications Arena products as well as a Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. Arena. -0- SOFTWORKS is a leading global provider of IT solutions for the enterprise and a wholly-owned subsidiary of Computer Concepts Corp. (NASDAQ:CCEE). Founded in 1977, SOFTWORKS responds to the data and systems management needs of more than 1,800 organizations worldwide, supporting customers in more than 50 countries with solutions for 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. , enterprise performance management, multi-platform data and storage management, and professional services. Computer Concepts develops software tools including d.b.Express(TM) that assist end users in the retrieval and visualization of all types of data. Computer Concepts' d.b.Express Internet Server(TM) has recently been integrated with British Telecom's Syncordia Services C- View software application which allows BT's customers to access and analyze the high volumes of technical and account information available within BT's Internet-based databases without having to download the data to their own computers. The new d.b.Express Internet Server(TM) and JAVA Applet A Java program that is downloaded from the server and run from the browser. The Java Virtual Machine built into the browser is interpreting the instructions. Contrast with Java application. have overcome a major Internet problem, that of high data volume and limited bandwidth, currently responsible for the lengthy delays associated with data downloading. 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 Alexandria, Virginia based SOFTWORKS subsidiary employ a staff of 185. For more information about Computer Concepts and SOFTWORKS, call (516) 244-1500, or visit Computer Concepts' web site at www.computerconcepts.com or SOFTWORKS' web site at www.softworkscc.com CONTACT: Media Contact: Manhattan Media Associates Fielding Dupuy, 212/633-2283 or Computer Concepts Corp. Leigh Athans, Mgr. Investor Relations Investor relations The process by which the corporation communicates with its investors. Gary Kolesar, VP Investor Relations 516/244-1500 |
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