Computer Horizons awarded year 2000 program office contract by Prudential.MOUNTAIN LAKES, N.J.--(BUSINESS WIRE)--Sept. 17, 1996 Solutions Company Provides Year 2000 Expertise to the Insurance and 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. Leader Computer Horizons Corp. announced today that it has been awarded a multi-year contract with Prudential Insurance Company of America. Under the terms of the contract, Computer Horizons will assist Prudential with its company-wide Year 2000 Program Office over the life of this multi-year project. 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. Bill Friel, 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. of Prudential, "Prudential's proactive approach to the Year 2000 challenge and our commitment at all levels for this work, including the backing of our 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. , Art Ryan, has ensured we have a solid program in place. The Program Office is an essential component of this program. Computer Horizons will augment the Prudential resources already in place to achieve our goal of Year 2000 compliance." The Year 2000 challenge affects every industry, company and government worldwide. The typical large company or government agency has millions of lines of code The statements and instructions that a programmer writes when creating a program. One line of this "source code" may generate one machine instruction or several depending on the programming language. A line of code in assembly language is typically turned into one machine instruction. written in multiple languages and running on a variety of platforms. Since all of the code must be able to correctly deal with the change of century, large-scale, multi-year projects must be initiated to achieve Year 2000 compliance. This contract is a continuation of Computer Horizons' previous Year 2000 work with Prudential. Computer Horizons was selected by Prudential at the start of the Year 2000 effort to perform a company-wide Year 2000 assessment of Prudential's mission-critical applications. Computer Horizons' work on the assessment helped lead to the new contract. Commenting on the award, John J. Cassese, president and chairman of Computer Horizons, said, "This is an important milestone for Computer Horizons. To have a company as respected as Prudential partner with us in its Year 2000 process is a validation of the significant investments in time and technology that we have made to become the leader in large-scale Year 2000 conversions." Prudential, a leader in the worldwide insurance and financial services industry with over 50 million customers, is leading the way in addressing the Year 2000 challenge. It has named a company-wide Year 2000 program director, established a program office, formed a company-wide team, built an operating framework for the project and developed operating principles to guide the work effort. Irene Dec, Prudential's Year 2000 company-wide program director, has made presentations at several seminars on Year 2000 and provided advice to other companies and government agencies that need to address the Year 2000 challenge. Dec stated, "The mission of Prudential's Company-wide Program Office is to provide leadership, coordinate activities, monitor the process and communicate status of the Year 2000 efforts throughout the company. By leveraging commonality com·mon·al·i·ty n. pl. com·mon·al·i·ties 1. a. The possession, along with another or others, of a certain attribute or set of attributes: a political movement's commonality of purpose. among Prudential s business groups and their Year 2000 efforts, the Prudential Program Office will lead to a more cost-effective, higher-quality, lower-risk solution. The combined effort of Prudential's Year 2000 company-wide team and Computer Horizons' Year 2000 expertise will be essential to our success." The contract will be delivered through Horizons Consulting Inc. (HCI (Human Computer Interaction) Refers to the design and implementation of computer systems that people interact with. It includes desktop systems as well as embedded systems in all kinds of devices. ), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Computer Horizons Corp., established in 1992 to provide project management and solutions delivery. Pam Fredette, president of HCI, said, "Prudential fully realizes the magnitude of the challenge posed by the Year 2000. Computer Horizons, and particularly, Horizons Consulting, with our specialization A career option pursued by some attorneys that entails the acquisition of detailed knowledge of, and proficiency in, a particular area of law. As the law in the United States becomes increasingly complex and covers a greater number of subjects, more and more attorneys are in the delivery of Year 2000 solutions, will play an integral role in bringing Prudential to Year 2000 compliance." Prudential is one of the largest financial institutions in the world and the largest life insurance company in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . It has a major presence in the insurance, securities and money management, employee benefits and administration, consumer banking, and real estate brokerage and relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. industries. Computer Horizons Corp. (Nasdaq:CHRZ) is a diversified information technology services company offering solutions to its clients through an international network of 40 offices and subsidiary organizations. The company helps its clients with advanced technology solutions in the areas of Year 2000 conversions and migrations with its full lifecycle solution, CHC's Signature 2000(TM). Computer Horizons also provides solutions in the areas of outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , applications development, legacy systems services, client/server migration and development, network management, and centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. vendor management. Computer Horizons employs more than 3,000 people. For more information, contact David Reingold, Vice President, Marketing and Strategic Services, Computer Horizons, at 800-321-2421, or www.chccorp.com, dreingold@msn.com. CONTACT: Bob Zeitlinger or David Reingold Kahn Communications Group Computer Horizons Corp. 212/593-6474 201/402-7400 |
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