Year 2000 Wire/Software Testing Assurance Corp. Launches Year 2000 Compliance Testing; Certification Assessment Uses Public Standards to Reduce Year 2000 Risks.STAMFORD, Conn.--(BUSINESS WIRE)--Feb. 17, 1998--The Software Testing Software testing is the process used to measure the quality of developed computer software. Usually, quality is constrained to such topics as correctness, completeness, security, but can also include more technical requirements as described under the ISO standard ISO 9126, such Assurance Corp. (STACorp) Tuesday announced Certification Assessment Services (CAS) to determine Year 2000 readiness in compliance with public standards to reduce the risk of financial loss inherent to business disruption and follow-on litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. caused by Year 2000 system failures. STACorp, which also announced its corporate launch and executive staff, provides independent certification of Year 2000 readiness through a work force of trained certification assessors. Assessment is conducted in accord with the ``Standard for Year 2000 Test Certification'' as published in the public domain by the Software Productivity Consortium (http://www.software.org/Y2k/index.html) on Feb. 11, 1998. ``All testing to date has been done under proprietary guidelines or according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a sliding scale that incorporates seemingly arbitrary benchmarks,'' said DuWayne J. Peterson, vice chairman of STACorp. ``As Year 2000 testing continues, companies will need to look to a common standard to see where they stand. ``Major corporations will need to know what condition their partners' systems are in, and directors and officers will be responsible to their stakeholders for reporting on the state of the corporate systems,'' continued Peterson. ``More and more, they will find the need to compare apples to apples. STACorp's certification assessment is based on a public-domain specification for testing that can be compared one to one with any other testing using the same spec.'' Benefits Corporations undergoing certification would be provided with a defined assessment of system state readiness in regard to Year 2000. The certification could then be shared with all concerned members of the company's risk-assessment program: for example, company officers, board of directors, strategic partners, regulatory agencies, independent auditors and insurance companies. The Standard The Software Productivity Consortium test-certification standard -- ``Standard for Year 2000 Test Certification'' -- was originally drafted by STACorp, which donated the specifications to the consortium for publishing in the public domain and entry into the generally accepted standards-approval process. ``STACorp's contribution in the development and furthering of this standard has been instrumental,'' said Judd Neale, president and chief executive officer, Software Productivity Consortium. ``Any time a member of the consortium takes an active interest in bettering the status quo [Latin, The existing state of things at any given date.] Status quo ante bellum means the state of things before the war. The status quo to be preserved by a preliminary injunction is the last actual, peaceable, uncontested status which preceded the pending controversy. , they have our full support.'' Availability Certification assessment will be priced according to the number of lines of code The statements and instructions that a programmer writes when creating a program. One line of this "source code" may generate one machine instruction or several depending on the programming language. A line of code in assembly language is typically turned into one machine instruction. assessed and the complexity of the affected systems. STACorp certification assessors are available immediately. Corporate Background Stamford-based STACorp provides certification assessment of Year 2000 readiness as outlined in the Software Productivity Consortium's published certification standards. Key executives include: Paul A. Strassmann, chairman 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. , and former chief information officer of Xerox Corp.; Peterson, vice chairman, and former CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of Merrill Lynch; Ernest Auerbach, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , and former president of CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) International Life and Group Operations; and John A. Gerson, chief financial officer, and former CFO See Chief Financial Officer. at Kohlberg Kravis Roberts Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late-stage leveraged buyouts. It was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. & Co. Strassmann and Peterson have been recognized as among the 12 most influential IT executives over the last decade by CIO magazine. Additional information regarding STACorp and its Certification Assessment Services can be obtained at http://www.STACorp.com. CONTACT: Software Testing Assurance Corp. DuWayne J. Peterson, 626/577-0540 vchair@stacorp.com or Miller/Shandwick Technologies Christian Gunning or Eunice Kim 310/203-0550 cgunning@miller.shandwick.com ekim@miller.shandwick.com |
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