Credit Suisse First Boston Corp. partners with Viasoft to solve Year 2000 problem.
Viasoft's Existing Systems Workbench(R) technology will be used to manage the century date change for the company's core business applications on mainframe systems.
The contract calls for the deployment of Viasoft's full ESW(R) toolset and professional services at Credit Suisse First Boston's facilities. Viasoft's Existing Systems Workbench is an integrated suite of software re-engineering tools that maximizes the productivity of development conversion teams and minimizes the risk associated with large-scale maintenance projects.
"We chose Viasoft because of the reliability, integration and quality of their Year 2000 technology and service offering," said Michael B. Tiernan, vice president of information systems for Credit Suisse First Boston. "We completed a thorough evaluation of the major offerings on the market, and came to the conclusion that Viasoft's solution for solving the Year 2000 was the most valuable to our environment.
"Viasoft's Year 2000 strategy emphasizes several key characteristics that are critical to the success of our Year 2000 project, particularly speed, quality, reliability, choice and long-term value," continued Tiernan.
Viasoft performed an impact analysis in conjunction with in-house Credit Suisse First Boston staff that took approximately four weeks. The analysis evaluated the entire COBOL portfolio within Credit Suisse First Boston's software inventory. The analysis revealed results that were in line with other engagements that Viasoft has conducted in the finance industry, in which a majority of programs were affected to some degree.
With the impact analysis completed, Credit Suisse First Boston plans to move ahead aggressively with the planning and implementation phase, using Viasoft technology. The Viasoft project team will work with Credit Suisse First Boston Information Systems resources to jointly develop the conversion plan.
Noted Viasoft President and CEO Steven D. Whiteman, "We have put considerable effort into providing our customers the most complete and cost-effective solution to the Year 2000 problem. Our technology supports inventory, planning automated code change, alternative conversion strategies, such as bridging, and risk-based testing. We are extremely pleased to be working with a critical player on Wall Street on this project."
Viasoft is a leading provider of business solutions, consisting of integrated technology and specialized professional consulting services, designed to enable customers worldwide to cost effectively manage and automate the evolution of their enterprise applications. With headquarters in Phoenix, Viasoft provides sales and services through regional offices in the United States and a network of subsidiaries and distributors internationally.
For more information on Viasoft's products and services, visit the company's World Wide Web site at http://www.viasoft.com .
The statements made in this news release that are not historical facts contain forward-looking information that involves risks and uncertainties.
Important factors that may cause actual results to differ include, but are not limited to, risks associated with technology development and commercialization, market demand and acceptance, the impact of competitive products and services, the company's ability to manage growth and to successfully complete and manage acquisitions of technology or businesses, the effect of economic and business conditions including risks inherent in international operations and other risks detailed from time to time in the company's Securities and Exchange Commission filings. -0- NOTE: Existing Systems Workbench is a trademark of Viasoft Inc.
CONTACT: Viasoft Inc., Phoenix
Linda Vande Vrede, 602/952-0057, ext. 1309
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|Date:||Apr 7, 1997|
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