IMR Introduces Legacy Transformation Solution At GartnerGroup US Symposium/IT Expo in Lake Buena Vista, Florida.

BUENA VISTA, Fla.--(BUSINESS WIRE)--Oct. 13, 1998--Information Management Resources, Inc. (IMR) (Nasdaq:IMRS) today announced its Legacy Transformation Solution, part of a growing lineup of fixed-price, fixed-time frame IT services provided by the company known for its transitional outsourcing strategies. Legacy transformation focuses on extending the value of business logic imbedded in mainframe application software.

Transitional outsourcing describes the scope of services required by the Global 2000 to integrate and optimize their systems with new technologies. IMR's Legacy Transformation Solution, introduced at the GartnerGroup US Symposium/IT Expo, manages the migration from legacy mainframe computing environments to client/server environments and the Internet. IMR offers large organizations an alternative to writing new, large-scale applications from scratch or from purchasing applications that require extensive modification to support proprietary business requirements.

IMR will utilize its proven Information Systems Evolution Methodology (ISEMSM), advanced software tools and experienced IT professionals to rationalize mainframe computing environments and move selected legacy systems to platforms such as C++, Java and HTML in a fraction of the time that it takes to do ground-up development of replacement systems.

Legacy transformation projects typically include conversions from monolithic process code to component-based client/server or internet applications, conversions from character-based block mode displays to event-driven GUI screens and database management system updates from IMS or IDMS to DB 2 on the mainframe or to SQL RDBMS environments.

"IMR's legacy transformation solution has grown out of the business world's desire to maximize its investment in legacy systems," said IMR Founder and CEO Satish Sanan. "CIOs have already spent billions of dollars on Y2K remediation projects to save the proprietary business logic contained in these legacy systems. Why should they be forced to develop costly new applications or settle for packaged applications? IMR is prepared to move companies and their computing environments into the twenty-first century."

IMR made three strategic acquisitions to augment its highly-skilled staff of outsourcing experts and expand its range of service offerings in 1998. These include Lyon Consultants, a leader in the component arena, RHO Transformational Technologies Pty Limited, a leading transitional outsourcing firm based in Australia, and Visual Systems Development Corporation, a Canadian-based company specializing in client/server and internet application development. IMR has also made a strategic investment in Relativity Technologies of Raleigh, North Carolina, for the use of their RescueWare(R) toolset, used in legacy transformation to client/server environments.

IMR, named by BusinessWeek as a Hot Growth Company in 1997 and 1998, has mastered the project management science. Ninety-seven percent of IMR's projects are completed on-time and on-budget. Customers include Dayton Hudson Corporation, Michelin Tire Corporation, John Hancock Financial Services and American Greetings Corporation.

About IMR's Legacy Transformation Solution

IMR's Legacy Transformation Solution is now available. CIOs can learn more about the service at the GartnerGroup US Symposium in Lake Buena Vista, Florida from October 12-16, 1998 at Booth #739 or they can contact IMR at 727-797-7080.

About Information Management Resources Inc.

IMR is a global company which provides rapid development and deployment of innovative, cost effective, and value-added information technology solutions. IMR's Transitional Outsourcing solutions include maintenance, migration, new development, as well as Year 2000 analysis and remediation services. IMR also provides programming and consulting services. IMR's outsourcing solutions are provided to a broad range of domestic and international clients in key vertical industries. IMR delivers projects on a fixed-priced, fixed-time frame basis using concurrent engineering principles. The strategic placement of global IMR software development centers that "follow the sun" provide a "virtual workday" allowing IMR to quickly respond to client needs on a 24 hour basis.