MONTREAL, Feb. 3 /CNW Telbec/ - Speedware, a provider of legacy
management and IT modernization solutions, today announced that it has
signed an agreement with COBOL-IT to distribute COBOL-IT's enterprise
class open source COBOL in the North American market and to provide
North American based support to COBOL-IT users. According to the terms
of the agreement, Speedware will be the latest North American sales and
support center, providing 24/7 technical support, re-hosting/system
integration services, and training.
Stéphane Croce, president of COBOL-IT, said "Sites with COBOL
applications on Linux, Unix and Windows platforms are beset with
declining support quality and steadily rising support costs. COBOL-IT
reverses that, providing high quality support through our network of
technical hubs on a low cost, open source model. Mainframe COBOL users
can rehost their workloads to mainframe Linux, or to non-mainframe
platforms, and still enjoy enterprise class support."
According to various estimates, COBOL remains the language of over 60%
of the programs used daily by enterprises around the world. Mainframe
sites in particular have the highest cost structures and the largest
collections of COBOL programs. These sites can benefit the most from
the professional tools that will allow them to access the cost savings
available to users of open systems and open source products.
More and more organizations are opting for non-proprietary but
professionally supported open source technologies such as Linux and
MySQL. Open source has proven itself as a viable strategy to reduce and
contain operational costs, and to avoid being locked in to one vendor.
An open source solution for COBOL workloads allows sites to take
advantage of the open systems world without having to pay premium
prices for proprietary COBOL compilers.
"Mainframe sites need robust re-hosting solutions to securely move their
workloads to other platforms" said Don Estes, COBOL-IT Regional
Director for USA/Canada. "Drawing on our ecosystem of legacy
modernization partners, COBOL-IT provides the technology for an
integrated solution to a wide variety of complex modernization
challenges, including requirements for both COBOL and languages other
"Speedware is a natural partner for us with their modernization
expertise, SCP-certified support organization, and impressive history
of successful projects. Speedware and COBOL-IT together can secure the
bottom line advantages of open systems and open source for our North
American customers. We welcome them as our newest technical hub."
Speedware provides complete rehosting as well as more complex
modernization solutions that resolve the cost and agility issues facing
organizations operating on legacy platforms, including mainframes.
These organizations have programs written in many languages, but most
commonly COBOL. Speedware's solutions replace aging computing platforms
with more agile and flexible infrastructure, and transform older,
legacy computing languages to modern technologies. Open source COBOL
can now be offered as a viable option for many customers interested in
legacy re-hosting and modernization. Successful legacy modernization
projects can result in technology consolidation and simplification,
increased business agility and lower operational costs.
"We are excited by our new partnership with COBOL-IT," said Andy
Kulakowski, President of Speedware. "By offering our legacy customers
the option of moving to open source COBOL, we give them the opportunity
to substantially save on licensing costs while still benefiting from
enterprise grade support and services. COBOL-IT is to COBOL what Red
Hat is to Linux, and we are proud to be North American distributors."
COBOL-IT is the first company offering an enterprise-class open source
COBOL compiler with a wide range of premium professional services.
COBOL-IT provides a powerful set of enterprise application
modernization solutions with its Compiler Suite, Developer Studio and
Pre-Compilers for MySQL, PostgreSQL and Microsoft SQL Server. With
certifications from industry-leading OLTP-solution vendors and RDBMS
providers, COBOL-IT is emerging as an enterprise modernization solution
in the Windows, Unix, and Linux environments (including mainframe
z/Linux). With COBOL-IT, corporate end-users and ISVs can now include
COBOL in their set of open source solutions at an affordable cost.
COBOL-IT is based in Paris, France with offices in Brussels, Belgium,
and distributors in North America, South America, Europe and the Middle
East. For additional information, visit www.cobol-it.com.
Speedware has been dedicated to helping companies modernize their
business applications for over 15 years and enjoys a 100% project
success rate. The company specializes in developing end-to-end
modernization solutions that allow industry and government leaders to
increase their business agility and reduce their operational costs.
Speedware has been a leading provider of enterprise software solutions
since 1976, offering a complete suite of legacy modernization,
migration and application portfolio management solutions, business
intelligence tools and application development solutions. For more
information, visit Speedware at www.speedware.com.
This announcement relating to Speedware Inc. (the "Company") may contain
statements that are forward looking such as, but not limited to,
statements concerning (our or the Company's) future revenues, plans,
trends, technology, products, services or contractual relationships,
the Company's execution or other statements that are not historical
facts. These statements are based on our current expectations and are,
by their very nature, subject to risks and uncertainties which could
materially affect the Company's results, including, without limitation,
market demand for products and technology, the Company's ability to
successfully execute, meet contractual obligations, and satisfy
customer requirements or expectations, the integration and utilization
of the Company's technology and products with technology and products
supplied by others, customer acceptance of the Company's products or
services, and the retention and deployment of skilled service
providers. As a result, we cannot guarantee that the forward-looking
statements will materialize. The forward-looking statements speak only
as of the date of this announcement and are subject to change after
such date. Except to the extent required by applicable securities laws,
we undertake no obligation to update or publicly revise any of the
Note: Speedware is a registered trademark of Speedware Inc. All other
trademarks are the property of their respective owners.
SOURCE SPEEDWARE LTD.
For further information:
514 747-7007, ext. 8404