Year 2000 Wire/ Relativity Scores Second Major Global Partnership Within Four Weeks.RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--July 6, 1998-- RescueWare Chosen by Software Solutions Leader PLATINUM Technology Platinum Technology Inc. was founded by Andrew Filipowski in 1987 to market and support deployment of Database Management software products and the applications enabled by database management technology and render related services. for Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 Tool; RescueWare Selected by Top National Integrator IMR IMR - Internet Monthly Report as the Cornerstone for Its Legacy Transformation Practice Relativity Technologies Relativity Technologies Relativity Technologies is a global leader in Enterprise Application Modernization and Application Portfolio Management. Its Modernization Workbench software platform aligns clients' existing software assets with their core business requirements. , Inc. today announced an agreement with PLATINUM technology inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PLAT)-- the second major partnering within the past four weeks -- to market and globally distribute a Year 2000 solution tool based on RescueWare, Relativity's innovative legacy transformation technology. This alliance marks the second time within the month that a nationally recognized, high technology firm has adopted RescueWare. A partnership with Information Management Resources (IMR), a leading provider of application software outsourcing services, was announced last month. "After conducting a worldwide search for potential Year 2000 technology partners, we determined that Relativity's RescueWare was the most advanced technology of its kind," said Tom DePasquale, senior vice president, Data Warehousing See data warehouse. data warehousing - data warehouse and Year 2000 for PLATINUM. "Rescueware will complement our existing Year 2000 product suite and will provide PLATINUM with a competitive advantage in solving our customers' C/C C/C Center to Center C/C Combustion Chamber C/C Command/Control C/C Crew Chief C/C cabin cruiser (US DoD) C/C chief complaint (medical) C/C Channel-to-Channel C/C Communication and Collaboration ++ Year 2000 issues on PCs throughout the enterprise." PLATINUM is using RescueWare technology to provide a C/C++ product within its Year 2000 desktop product suite, TransCentury Office. The C/C++ product helps developers analyze all of their C/C++ source code in one place, at an extremely quick rate. It processes any variant of C/C++, independent of the host platform. Because the the C++ product uses a lexical analyzer, all of the system-dependent information required for a full compile is not necessary On June 3 Relativity announced a multi-million dollar strategic partnership with IMR -- recently named by Business Week as one of the 15 hottest companies in the country - having made more than $65 million in 1997 on Year 2000 remediation. IMR is now targeting the legacy transformation market and considers Relativity's RescueWare Technology an important tool in gaining market share. "Our ability to leverage Relativity's legacy transformation technology is a key step to becoming the leader in high value application delivery for our global client base," said Satish K. Sanan, chairman, president and chief executive officer of Information Management Resources. "Our agreement with each of these technology leaders is a powerful endorsement for our RescueWare transformation technology," said Vivek Wadhwa, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Relativity, "Both our PLATINUM and IMR partnerships are additional credentials for RescueWare - already heralded as a breakthrough product - from two nationally ranked high technology leaders, verifying our vision of legacy transformation as the next wave and of RescueWare as the technology route to use in getting there." "In today's maturing IT market, users are increasingly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. integrated technology solutions from strategic partners," said Tony Picardi, vice president of world wide software at International Data Corporation, Framingham, Mass. "Companies that require application modernization will benefit greatly from these partnerships." About RescueWare RescueWare is a graphical, repository-based Windows application A program that is written to run under Microsoft's Windows operating system. Such applications typically run under all 32-bit versions of Windows, but earlier applications might also run under the 16-bit versions (Windows 3.x) as well. See Windows. that automates the migration of business-critical legacy systems to modern platforms, such as the Internet and client/server. It improves the economics of modernizing these systems by automating the transformation of all, or selected parts of, an application to a Java, C++ or Visual Basic environment, including the user interface, business logic and the data structures. About the Year 2000 Issue The Year 2000 issue is defined as a "glitch A temporary or random hardware malfunction. It is possible that a bug in a program may cause the hardware to appear as if it had a glitch in it and vice versa. At times it can be extremely difficult to determine whether a problem lies within the hardware or the software. See glitch attack. " in computer hardware and software that prevents computers from accurately calculating dates with years beyond 1999 or before 1900. Many systems were designed to store the year in just two digits - for example 98 would represent 1998. These systems assume that the first two digits of every year are 19. About PLATINUM technology, inc. PLATINUM technology, headquartered in Oakbrook Terrace, Illinois Oakbrook Terrace is a city in DuPage County, Illinois, a suburb of Chicago. The population was 2,300 at the 2000 census. A 2003 recount gave the city a population of 2,293. , had 1997 revenues of $739 million. PLATINUM provides software and services that help IT organizations manage and improve the IT infrastructure. Solutions include database and systems management, data warehousing and decision support, application lifestyle and Year 2000 reengineering. For more information visit www.platinum.com. About Information Management Resources, Inc. Information Management Resources (IMR) delivers application software solutions to large, global businesses with intensive information processing information processing: see data processing. information processing Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer-based operations. needs. IMR has built a large client base as a leading Year 2000 (Y2K) services provider to the Fortune 500. The company is known for its ability to deliver high quality, mission-critical software projects on a fixed-price, fixed-time frame basis. In order to better serve the needs of clients in the post-Y2K environment, IMR has expanded its business-focused, component-based application development and legacy transformation capabilities. Together, these complementary strategies provide IMR clients with a broad set of options when adopting new technologies. IMR is headquartered in Clearwater, Florida Clearwater is a city located in central Pinellas County, Florida, USA, nearly due west of Tampa. As of the 2000 census, the city had a total population of 108,787; however, according to the 2005 U.S. Census Bureau's estimates, the city's population fell slightly to 108,687. with major facilities around the world. For more information, visit the IMR web site: www.imr.com. About Relativity Technologies, Inc. Relativity Technologies' mission is to be the leading supplier of legacy transformation solutions that easily and rapidly transition business critical legacy systems to modern computing platforms, such as the Internet and client/server. Relativity was founded in February 1997 in Research Triangle Park, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. . Relativity's RescueWare offers a fully integrated and graphical Windows-based solution that significantly reduces the time and cost involved in performing legacy transformation. Transformation is defined as the transition of existing system interfaces, business logic and data to modern computing paradigms (e.g., event-driven and object-based) and platforms (e.g., Windows clients; Sun, NT and HP servers). RescueWare also offers Year 2000 and European Monetary Union European Monetary Union An agreement by participating European Union member countries that includes protocols for the pooling of currency reserves and the introduction of a common currency. analysis and remediation as part of the transformation solution. For more information, visit Relativity's web site: www.relativity.com. RescueWare is a registered trademark of Relativity Technologies, Inc. All other trademarks and service marks are the property of their respective holders. CONTACT: Miller/Shandwick Technologies Barbara Rudolph (617) 351-4138 brudolph@miller.shandwick.com or Information Management Resources, Inc. Greg Peek (813) 797-7080 greg@imr.com or Relativity Technologies, Inc. Richard Phelps (919) 678-1500 ext. 109 rphelps@relativity.com or PLATINUM technologies, inc. Cindy Poulos (630) 620-5000 cindy.poulos@platinum.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion