Princeton Softech and Transoft Announce Alliance to Leverage Existing Applications and Data to Meet IT Goals.Business Editors & High Tech Writers PRINCETON, N.J.--(BUSINESS WIRE)--March 14, 2000 Enterprises Can Dramatically Speed Time To eBusiness Marketplace Princeton Softech, a subsidiary of Computer Horizons Corp. (Nasdaq:CHRZ), today announced a marketing alliance with Transoft Group Ltd., that enables IT organizations to integrate existing applications, business logic and data into eBusiness projects, greatly speeding their entry into the eBusiness marketplace. Princeton Softech offers the world's only suite of component-based development (CBD (Component Based Development) Building applications with components (objects). See component software. CBD - component based development ) tools with visual modeling and an integrated component manager that runs on a scalable repository. Transoft provides a progressive framework to integrate legacy applications, using CBD methods, into eBusiness solutions that are essential for corporate survival in today's market. The alliance delivers an end-to-end toolset for building, managing and integrating components for eBusiness applications, delivering a faster route to eBusiness for large enterprises. Princeton Softech's Component Factory allows companies to integrate Transoft Component Framework's (TCF See Trenton Computer Festival. ) legacy components with new application development, in a Web-enabled, multi-user repository environment. By combining Princeton Softech's market-leading CBD products with Transoft's ability to create components from mission-critical legacy applications and data, the alliance will speed application development and reduce time to market. "Together with Princeton Softech, we offer a level playing field See net neutrality. for established enterprises competing with start-ups and dot-coms," said Paul Holland Paul Holland (born 8 July 1973 in Lincoln) is a former English footballer, and is currently assistant manager at League Two club Mansfield Town. Holland has previously served as the club's youth team coach, and was appointed caretaker manager following Peter Shirtliff's dismissal , chief executive officer of Transoft. "Newcomers have the advantage of not needing to integrate legacy applications. Transoft Component Framework enables `brick and mortar' companies to quickly deploy eBusiness applications without having to rewrite existing legacy code." The development tools from both Princeton Softech and Transoft provide a pragmatic approach to overcoming the key problems in creating eBusiness solutions that really work. The combined product group allows organizations to integrate back-office functions with Web-enabled customer interfaces. This delivers a comprehensive, enterprise-scale package of development tools for CBD and a design approach that is based on extension of valuable legacy assets. "Transoft's Component Framework makes it possible to harvest the investment in legacy systems by transforming existing code into reusable services and components that can be deployed in eBusiness development projects," said Joe Allegra Al·leg·ra A trademark for the drug fexofenadine hydrochloride. fexofenadine hydrochloride Allegra, Telfast (UK) Pharmacologic class: Peripherally selective piperidine, selective histamine , president of Princeton Softech. "Companies can then use Princeton Softech's Component Factory to assemble and manage the complex business, application and data models for today's innovative eBusiness applications." "Princeton Softech is clearly on a course to deliver a market-leading component development and management framework of methods and tools," said analyst David Sprott of the CBDi Forum. "What distinguishes Transoft Component Framework from other similar products is that the creation of components is carried out using the existing application language, which allows the existing, highly skilled resources, who have deep knowledge of the legacy application, to be deployed on the modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, tasks." Princeton Softech's Component Factory suite enables developers to build and manage components within a single environment. It is comprised of Select Enterprise, a UML-based visual modeling, data modeling, business process modeling and CBD tool; Select Component Manager, a multi-user, repository-based manager of components; and the enterprise language pack of choice: Jsync Enterprise Language Pack for Java(TM), VBsync Enterprise Language Pack for Visual Basic(R), Csync Enterprise Language Pack for C++, or FORTEsync Enterprise Language Pack for Forte(R). Transoft's Component Framework enables progressive deployment of new applications with optimum reuse of legacy business rules, logic and data. This shortens delivery times for new applications, extends the life span of legacy applications and enables both to be comprehensively integrated. Princeton Softech's Component Factory is priced at US $55,000 for 10 seats. About Princeton Softech Princeton Softech (www.princetonsoftech.com), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Computer Horizons Corp., is a software products and services company that delivers leveraging technologies for enterprise-scale eBusiness solutions. Princeton Softech's component-based development tools enable customers to synchronize See synchronization. IT and business objectives while moving at eSpeed through the application lifecycle. The company's eData distribution and management technologies allow organizations to optimize data availability Refers to the degree to which data can be instantly accessed. The term is mostly associated with service levels that are set up either by the internal IT organization or that may be guaranteed by a third party datacenter or storage provider. and deploy application data to the point of best business leverage. Over 2,000 of the world's largest companies in more than 30 countries use Princeton Softech's products and services. About CHC CHC Chicago Cubs CHC Community Health Center CHC Chestnut Hill College (Philadelphia, Pennsylvania) CHC Congressional Hispanic Caucus CHC Community Health Council (UK National Health Service) CHC (NASDAQ:CHRZ) is a strategic e-Business solutions and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. company that is powering a new breed of rapid growth Internet developers. For more than thirty years, CHC has been a global leader in systems integration, migration and innovation, enabling companies to stay ahead of the technological curve. By leveraging its core business in IT services, CHC is powering its new breed of Internet companies, including eB Solutions, CHIMES and Princeton Softech, to enable its Global 1000 customer base to compete in this new digital business environment. For more information on Computer Horizons, please visit our Web site at www.computerhorizons.com. About Transoft Transoft is an international software company with a portfolio of specialized connectivity, componentization and application modernization products with "best-in-class functionality"(1). These "e-volutionary" tools and Transoft's related Professional Services allow organizations to build new e-business applications with minimum risk and in minimum time. Transoft's unique strength is the optimum re-use and full integration of each customer's legacy assets using component-based technology. The company provides the technology and skills to leverage existing business rules and data assets to maximum effect, providing a continuing return on investment and delivering the responsiveness in IT development required to meet the challenges of the new information age. The company has its U.S. headquarters in Atlanta, with offices in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. . Its international headquarters are in Slough Slough (slou), city (1991 pop. 106,341) and borough, central England. After World War I, the residential city and its outlying area underwent rapid industrial development, owing in part to its proximity to London. , near London, England. For more information on Transoft, contact Paul Holland at 770/933-1965, by e-mail at pholland@transoft.com, write to Transoft Inc., 2000 RiverEdge Pkwy., Suite 450, Atlanta, GA 30328, or visit www.transoft.com. (1) IDC bulletin No. 21416; January 2000. ---------- This press release includes certain "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. " for purposes of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involves risks and uncertainties that could cause actual results to differ materially. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of Computer Horizon's industry and competition. |
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