MONTREAL, Feb. 11 /CNW Telbec/ - Speedware Ltd., a leading provider of IT
modernization solutions, today announced an agreement with Sykora-ML to
introduce ML-iMPACT, a modernization solution for AS/400 applications, to the
North American market. ML-iMPACT is created and developed by Sykora-ML, a
German-based company that has been delivering services to the AS/400 market
for more than twenty years.
Under the terms of this agreement, Speedware will become the North
American reseller and system integrator for ML-iMPACT software. ML-iMPACT
converts AS/400 applications, including RPG and CL, to native .NET and Java
platforms. Industry analysts estimate over 200,000 AS/400 servers, also known
as iSeries and System i, are currently in use worldwide. These customers face
an increasing number of challenges leading them to evaluate contemporary and
scaleable modernization approaches.
"We are convinced that ML-iMPACT offers the most powerful and complete
modernization solution for the AS/400 community," said Andy Kulakowski,
General Manager of Speedware. "Up until now, the AS/400 market had been
offered migration products that simply emulated the legacy system. We can now
provide these customers with a truly native conversion."
Legacy modernization projects are performed to resolve the current
challenges facing organizations operating critical business functions on
legacy platforms. For the AS/400 market, these challenges include the
increasing cost for maintenance, licenses and support of legacy systems,
limited access to platform-compatible software products, complexity in
integrating AS/400 applications with other systems and the increasing shortage
and high cost of resources experienced in legacy applications. By moving to
open computing platforms, enterprises are able to increase their business
performance, agility and competitiveness while reducing ongoing operating
"Speedware's commitment to excellence parallels our own, making them the
right partner to introduce ML-iMPACT to the North American market," said
Thomas Sykora, CEO of Sykora-ML. "We were also impressed with Speedware's rich
and varied history of successful modernization projects in the mainframe and
midrange market. We look forward to a rewarding relationship helping customers
transition from AS/400 platforms."
Speedware Ltd. is a leading provider of enterprise software solutions and
offers a complete suite of legacy modernization, migration and application
portfolio management solutions, business intelligence tools and application
development solutions. Speedware has been dedicated to helping companies
modernize their business applications for over 30 years. With a distribution
network spanning 35 countries, Speedware offers market leaders the end-to-end
solutions that allow them to react quickly to the needs of a changing
Speedware Ltd. is a wholly-owned subsidiary of Activant Solutions Inc., a
leading US-based technology provider of business management solutions serving
distributors and specialty retailers since 1972.
For more information, visit Speedware at www.speedware.com.
Sykora-ML has been delivering solutions to the AS/400 marketplace for
over 20 years. Their solutions are focused on allowing companies to modernize
their AS/400 legacy assets automatically into C# for Microsoft .NET and Java.
This approach provides enormous application development productivity benefits.
Whether a company's requirement is to rehost all of their assets or simply a
component of their legacy system into a new SOA environment, Sykora-ML
technology provides one of the most efficient ways to transform programs and
data into a .NET or J2EE framework.
This announcement relating to Activant and Speedware (together the
"Company") may contain statements that are forward looking within the meaning
of the Private Securities Litigation Reform Act of 1995, as amended, such as
statements concerning trends, future revenues, technology, products, services
or contractual relationships, or the Company's execution. These statements are
based on current expectations and are 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. Except to the extent required by
applicable securities laws, we undertake no obligation to update or publicly
revise any of the forward-looking statements. Please refer to Activant's
Quarterly Report on Form 10-Q for the quarter ended December 31, 2008 and
Annual Report on Form 10-K for the year ended September 30, 2008, which have
been filed with the Securities Exchange Commission and can be found through
the Activant investor relations website at www.activant.com/company/investors
for a full discussion of the risks and other factors.
Note: Activant and the stylized Activant logo design are registered
trademarks of Activant Solutions Inc. and Speedware is a registered trademark
of Speedware Ltd. All other trademarks are the property of their respective
For further information:
For further information: Dani Knezevic, Speedware Ltd., (514) 747-7007,
ext. 8404, email@example.com