Forecross Signs Contracts for 14 Million Lines of Year 2000 IV&V with Canadian Bank.SAN FRANCISCO--(BUSINESS WIRE)--May 5, 1999-- Forecross(R) Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FRXX), a legacy migration and year 2000 solution company, announced today that it has signed contracts with a large Canadian bank and its U.S. subsidiary, for the independent validation and verification (IV&V), of approximately 14 million lines of application source code. The code is comprised of IBM MVS COBOL COBOL: see programming language. COBOL in full Common Business-Oriented Language. High-level computer programming language, one of the first widely used languages and for many years the most popular language in the business community. , Tandem and Unisys COBOL, and IBM and Tandem Assembler languages. Under these contracts, Forecross will use its Confirm/2000(TM) product, an automated independent validation and verification (IV&V) software-based service. The projects will be completed in the Forecross Confirm/2000(TM) automated factory in San Francisco. About Forecross Year 2000 Solutions Forecross provides automated solutions for all phases of year 2000 projects including assessment, renovation and independent verification and validation (testing) Independent Verification and Validation - (IV&V) The verification and validation of a software product by an organisation that is both technically and managerially separate from the organisation responsible for developing the product. (IV&V). Numerous languages are supported by Complete/2000(R) and Confirm/2000(TM) including COBOL, CA-ADS, APS, C, C++, CSP, CA-Easytrieve, CA-IDEAL, IMSADF II, PL/I (Programming Language 1) A high-level IBM programming language introduced in 1964 with the System/360 series. It was designed to combine features of and eventually supplant COBOL and FORTRAN, which never happened. , PowerBuilder, CA-TELON, CA-MetaCOBOL. COBOL solutions are available for AS/400, DEC/VAX, HP, MVS, Tandem, Unisys, VM, VSE See DOS/VSE. VSE - Virtual Storage Extended and Wang. Forecross Confirm/2000(TM) for IV&V accurately identifies source code that is compliant, non-compliant or that needs to be investigated. Because it uses a different approach from the date-seed-driven renovation and IV&V products and services on the market, Confirm/2000(TM) provides a truly independent validation of the accuracy of previous renovations. About Forecross Founded in 1982 as a high-technology software development laboratory, Forecross Corporation is dedicated to the design and development of innovative conversion software. Clients have included such leading corporations as Aetna Life Insurance Company, Brown Brothers Harriman & Company, Charles Schwab & Co., IBM Corporation and Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. NTSA NTSA National Training Systems Association NTSA National Tuberous Sclerosis Association NTSA National Technical Services Association NTSA National Training and Simulation Association NTSA National Traffic Safety Administration for its migration software services. Teaming partners of Forecross Corporation for its Complete/2000(R) offerings include AASKI Technologies, Ltd., Alydaar Software Corporation, TRW, Inc. (BDM International), CIBER CIBER Center for International Business Education and Research (various locations) CIBER Center for International Business and Research (Michigan State University) CIBER Cellular Inter-Carrier Billing Exchange Record , Inc., Information Sciences Group, Inc., Marconi Information Systems (a business division of Marconi North America Enterprise Solutions, formerly known as Tracor, Inc.), SCB Computer Technology, Inc., and Sapiens Americas (a subsidiary of Sapiens International). On Behalf of the Board of Directors, Bernadette C. Castello Senior Vice-President and CFO See Chief Financial Officer. FORECROSS CORPORATION Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the company's accounting policies and other risk factors detailed in the Company's SEC and BCSC BCSC British Columbia Securities Commission BCSC British Columbia Supreme Court BCSC British Council of Shopping Centres BCSC Breast Cancer Society of Canada BCSC Breast Cancer Surveillance Consortium BCSC British Columbia Safety Council filings. The U.S. Securities and Exchange Commission has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release, which has been prepared by the Company. Note to Editors: Forecross is a registered trademark of the Forecross Corporation. Complete/2000 is a registered service mark of Forecross Corporation. Confirm/2000 is a service mark of Forecross Corporation. |
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