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BluePhoenix Solutions Reports Second Quarter 2013 Results

Continued progress is shown in Q2 as reflected by a consistent expense run rate and reduction of cash burn.

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Virginia County Requests Proof of Concept to Convert COBOL VSAM to C# Oracle

A county in Virginia is investigating the feasibility of converting COBOL VSAM to C# Oracle while moving from the mainframe to a Unix platform. Modern Systems is currently performing a proof of concept conversion using the automated DB Shuttle technology. Of the 1,550 components originally under scope Modern Systems has discovered only 128 components are actually referenced within the working code.

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Healthcare Provider Plans for IMS Migration with Assessment from Modern Systems

A large health care provider needed to plan and budget for a future migration project of their IMS Databases and applications. Modern Systems performed a complete mainframe assessment of their legacy applications and databases. The results identified more than 50,000 in scope components with over 20 million lines of code. Applications were segregated and data access trends identified. Modern Systems provided comprehensive reports to allow the provider to confidently plan for the upcoming conversion.

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BluePhoenix Solutions to Announce 2013 Second Quarter Financial Results

Company to announce Q2 earnings on Thursday, August 22, 2013.

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Prominent Hedge Fund Prescott Group Buying Some Little-Known Plays

BPHX mentioned as a key stock in successful hedge fund portfolio.

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Modern Systems Increases Fortune 100 Customer Base And Adds Large Outsourcing Partner

Modern Systems, the legacy application lifecycle company, announced the addition of another Fortune 100 customer and new partnership with a leading global outsourcer. “In the last month alone, we’ve not only added a significant Fortune 50 customer but launched a new licensing model for partners and signed our first agreement”, explains Modern Systems CEO Matt Bell. “The new customer is a Fortune 50 global logistics firm who was looking to reduce the cost and maintenance cycles of their mainframe applications. Moving from CA GEN and COBOL to Java enabled them to take advantage of a richer development community and extend functionality in a more agile fashion.

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QA: The Make-or-Break of Legacy Modernization

QA is like a movie with great special effects- if the experience is flawless, everyone has done a great job.

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BluePhoenix Solutions Reports First Quarter 2013 Results

Continued progress is shown in Q1 with Operating Profit of $97K and a reduced expense run rate, non-GAAP earnings per share increase of 65%.

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