Computron's Client/Server Solution Replaces Walker Interactive Carms System.RUTHERFORD, N.J.--(BUSINESS WIRE)--Dec. 26, 1997-- Computron to Provide AR/Billing Solution Computron Software, Inc., (AMEX AMEX See: American Stock Exchange : CFW CFW Custom Firmware CFW Call Forward CFW Cystic Fibrosis Worldwide CFW Cache Fast Write CFW Citizens for Florida's Waterways CFW Center for Writing (education) CFW Continuous Fillet Weld (engineering) ) announced today that it signed a contract in the third quarter of 1997 with a major mid-atlantic brokerage services provider for the licensing of Computron's workflow-enabled 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 application. The contract includes Computron's Direct Invoicing and Credit Manager's Workbench modules and is valued at more than $250,000. In a head-to-head evaluation against PeopleSoft, Computron was selected for its superior performance, advanced architecture, robust functionality, and ease of implementation. The Computron solution will be used at more than six sites by the service provider to streamline its billing processes and customer service and to replace its mainframe AR system, Carms, supplied by Walker Interactive. Noted John Rade John Rade, (born August 31, 1960, in Ceres, California) was a linebacker in the NFL from 1983 to 1991. , Computron 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. , "This contract reinforces Computron's position as a provider of superior process-enabling solutions. Our applications are robust and our architecture is scalable for outstanding performance. More importantly, these solutions allow our customers to become more competitive in today's dynamic business environment. And because our solutions are easily implemented, they can realize benefits today, not two or three years down the road." Many companies today face a Year 2000 issue with their existing mainframe software. Rather than incurring the expense of trying to upgrade the existing application, these firms are turning to client/server alternatives. Computron's applications offer mainframe performance within the flexibility of a client/server environment A networking environment that is made up of clients and servers running applications designed for client/server architecture. See client/server. . As a provider of best-of-breed financial applications, Computron adds unique value to its customers through its offering of leading edge technologies combined with mission critical applications. Focused on streamlining business processes, these solutions allow Computron customers to implement more than just application software. Computron customers reap the benefits of superior solutions that have the power to address business processes today as well as in the future. Computron Software, Inc., Background Information Founded in 1978, Computron Software, Inc. is an international software company that designs, markets and supports n-tier client/server-based financials, workflow, COLD (Computer Output Laser Disk), and maintenance and materials/work management software solutions. Computron products are interoperable across most major UNIX architectures A Unix architecture is a computer operating system system architecture that embodies the Unix philosophy. It may adhere to standards such as the Single UNIX Specification (SUS) or similar POSIX IEEE standard. , as well as on Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. NT. The Company currently markets its products and services worldwide through a direct sales force and indirect channels. The Company has offices and distributors in 14 countries 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. , Europe, and Asia. -0- NOTE TO EDITORS: This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's documents and reports filed from time to time with the Securities and Exchange Commission. Computron, COOL, and Yorvik are trademarks of Computron Software, Inc. All other companies and product names are trademarks or registered trademarks of their respective companies. CONTACT: Computron Software, Inc. Rosemary Mount, 770/913-0303 rmount@ctronsoft.com or D&B Virtual Marketing Jane Bator, 770/418-9154 jbator@dbvirtual.com |
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