Forecross Empowers EDS with Fully-Automated Year 2000 Factory: Faster Fix for EDS Customers with Unique Languages.SAN FRANCISCO--(BUSINESS WIRE)--Sept. 25, 1997--In the Year 2000 industry, unique language conversions can take the single largest asset of business: time. Now, times have changed. Forecross(R) Corporation (VSE See DOS/VSE. VSE - Virtual Storage Extended :FRX.U) will team with EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. (NYSE NYSE See: New York Stock Exchange :EDS) and make its Complete/2000 factory available to the world's largest independent computer services company. The teaming agreement is signed with CIO Services 2000, the EDS Strategic Business Line dedicated to Year 2000 solutions for new and existing clients. The agreement allows EDS to utilize the Forecross fully-automated factory in San Francisco for renovations of such unique languages as C/C++, TELON, Ideal, PowerBuilder, Clist, REXX, Easytrieve and Mantis. Forecross also renovates ADSO, CSP, APS, ADF, PL/1 and COBOL. "EDS Brings to the agreement the highest level of expertise in project management, assessment, and testing capabilities," says Kim Jones, President and CEO of Forecross. "The speed and efficiency of our rules-based Complete/2000 software and factory will greatly enhance the EDS portfolio of solutions for its customers." "This provides us additional capability to service our customers who need to make their premium languages Year 2000 compliant a. 1. (Computers) having dates fully and properly represented, and not susceptible to failure due to the year 2000 bug. ," says John McCain, President of CIO Services 2000 at EDS. "We continue to expand our vendor alliances to ensure best in class solutions to provide end-to-end service." EDS is more than 100,000 people in 42 locations across the globe, all dedicated to helping customers use information technology to discover more productive ways of working. CIO Services is an organization within EDS specifically focusing on flexible, practical and productive ways of using technology to solve business problems such as the Year 2000. EDS reported revenues of $14.4 billion in 1996. The company is independent and publicly owned, and its stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . EDS can be visited via the Internet at www.eds.com . Founded in 1982 as a high-technology software development laboratory, Forecross Corporation is dedicated to the design and development of innovative conversion software. Its clients include such leading corporations as Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. , Price Waterhouse, Kimberly-Clark Corporation and BDM Technologies. Forecross can be accessed via the Internet at www.forecross. com . -0- Notes to Editors: The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release, which has been prepared by the Company. Forecross is a registered trademark of the Forecross Corporation. CONTACT: Forecross Corporation, San Francisco Patricia A. Jones, 415/543-1515 E-mail: Patricia_Jones@forecross.com or EDS, Plano Ken Capps, 972/605-2081 E-mail: kcapps@cio2000.eds.com |
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