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BluePhoenix Solutions to Modernize Legacy Databases and Applications for U.S. Department of Energy
Wednesday, July 23, 2008
Project Estimated at $1.1 Million and Expected to Take 15 Months to Implement
CARY, North Carolina, July 23 /PRNewswire-FirstCall/ -- BluePhoenix
Solutions (NASDAQ: BPHX), the leader in value-driven legacy modernization,
today announced that following a successful global assessment of the systems
at the U.S. Department of Energy, it has won a major project estimated at
$1.1 million to migrate and modernize several key applications and databases
to the Java/Oracle environment. The legacy technology includes
ADABAS/Natural, VSAM/COBOL, JCL, Assembler, CLIST, SuperWylbur, PL/I, CA
Easytrieve and SAS. This project will be executed in conjunction with
BluePhoenix partner EES (Energy Enterprise Solutions), to whom BluePhoenix is
serving as subcontractor.
The Department of Energy's overarching mission is to advance the
national, economic, and energy security of the United States; to promote
scientific and technological innovation in support of that mission; and to
ensure the environmental cleanup of the national nuclear weapons complex.
Working in conjunction with EES (Energy Enterprise Solutions), a leading
provider of solutions to the Department of Energy, BluePhoenix's automated
migration tools and services will be used to perform the migration,
transformation, testing and enhancement to the modernized databases and
applications.
"We are very comfortable with our initial experience of working with
BluePhoenix through the global assessment and into the initial stages of the
migration effort," said Bill Underwood, CIO and Director of Office of
Information Technology, Department of Energy / Energy Information
Administration. "We look forward to leveraging the benefits of modern
technology with the reduced risk and timeframes that BluePhoenix can provide."
According to a recent study entitled "Government and IT Modernization"
from Gartner, Inc., factors such as skill gaps, budget cuts, complexity and
age of IT systems have a direct impact on government IT departments' assets,
services and management practices. Gartner notes that "During the next 5 to
10 years, the retirement of baby boomers will create gaps in skills required
to upgrade and maintain legacy mainframe-based systems that are poorly
documented and dependent on vanishing programmers."
"This project represents our continued support and commitment to the
federal government in their quest to secure a safe, rapid, economic migration
path for their legacy databases and applications," said Arik Kilman, CEO of
BluePhoenix. "Given the amount of legacy systems that can be found in all
areas of government, we see this as an excellent market for growth in the
coming years."
About BluePhoenix Solutions (http://www.bphx.com)
BluePhoenix Solutions (NASDAQ: BPHX) is a leading provider of
value-driven modernization solutions for legacy information systems.
BluePhoenix offerings include a comprehensive suite of tools and services
from global IT asset assessment and impact analysis to automated database and
application migration, rehosting, and renewal. Leveraging over 20 years of
best-practice domain expertise, BluePhoenix works closely with its customers
to ascertain which assets should be migrated, redeveloped, or wrapped for
reuse as services or business processes, to protect and increase the value of
their business applications and legacy systems with minimized risk and
downtime.
BluePhoenix provides modernization solutions to companies from diverse
industries and vertical markets such as automotive, banking and financial
services, insurance, manufacturing and retail. Among its prestigious
customers are: Aflac, Citigroup, DaimlerChrysler, Danish Commerce and
Companies Agency, Lawson Products, Los Angeles County Employees Retirement
Association, Merrill Lynch, Rabobank, Rural Servicios Informaticos, SDC
Udvikling, and TEMENOS. BluePhoenix has 15 offices in the USA, UK, Denmark,
Germany, Italy, France, The Netherlands, Romania, Russia, Cyprus, South
Korea, Australia, and Israel.
SAFE HARBOR: Certain statements contained in this release may be deemed
forward-looking statements, with respect to plans, projections, or future
performance of the Company, the occurrence of which involves certain risks
and uncertainties that could cause actual plans to differ materially from
these statements. These risks and uncertainties include but are not limited
to: market demand for the Company's tools, successful implementation of the
Company's tools, competitive factors, the ability to manage the Company's
growth, the ability to recruit and retrain additional software personnel, and
the ability to develop new business lines. All names and trademarks are their
owners' property.
BluePhoenix Contact
Colleen Pence
+1-210-408-0212, ext. 600
cpence@bphx.com
Investor Contact Financial Media Contact
Peter Seltzberg Jeffrey Stanlis
Hayden Communications Hayden Communications
+1-(646)415-8972 +1-(602)476-1821
peter@haydenir.com jeff@haydenir.com
SOURCE BluePhoenix Solutions Ltd
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