Seattle, WA– March 15, 2016 – Modern Systems (NASDAQ: MDSY) has engaged in a project with a large manufacturer to eliminate their dependence on an aging mainframe environment. Modern Systems is using its expertise and automated technology to convert IMS databases to an Oracle database residing on a Java Enterprise Edition platform. Legacy application code will be converted from COBOL and IMS-DC to object-oriented Java.
Modern Systems has harnessed its powerful DB-Shuttle® toolset to analyze and manipulate the source code during Assessment and de-construction of the legacy databases and applications, as well as in the construction of the replacement relational databases and applications.
“Our DB-Shuttle® automated conversion solution is unique in that it provides 100% conversion of both databases and application software while preserving the business logic layer and generating a target environment that has maintainable code,” says Rob Anderson, Director of Marketing at Modern Systems. “This approach reduces project risk and empowers our customers to keep the most desirable aspects of their legacy system environments.”
About Modern Systems
Modern Systems (NASDAQ: MDSY) is a leading provider of legacy modernization services. The Modern Systems portfolio includes a comprehensive suite of tools and services that modernize legacy applications and databases incrementally or all at once.
Modern Systems’ technologies can be applied to source applications and databases leveraging COBOL, Natural, Adabas, IDMS, CA GEN and more. The modernized environments can leverage Java, C#, SQL Server, Oracle Database, IBM DB2, and virtual infrastructure to deliver identical or better functionality and performance. Modern Systems customers come from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. The company delivers services worldwide through offices in the USA, the UK, Italy, Romania, and Israel. Modern Systems is a subsidiary of ModSys International Ltd. (MDSY) “Modern Systems”.
Rob Anderson, Director of Marketing
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on Modern Systems management’s beliefs and assumptions and on information currently available to Modern Systems management. All statements other than statements of historical facts are “forward-looking statements” for purposes of these provisions, including those relating to future events or our future financial performance and financial guidance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “project,” “believe,” “estimate,” “predict,” “potential,” “intend” or “continue,” the negative of terms like these or other comparable terminology, and other words or terms of similar meaning in connection with any discussion of future operating or financial performance. These statements are only predictions. All forward-looking statements included in this document are based on information available to Modern Systems on the date hereof, and Modern Systems assumes no obligation to update any such forward-looking statements. Any or all forward-looking statements in this document may turn out to be wrong. Actual events or results may differ materially. Forward-looking statements can be affected by inaccurate assumptions Modern Systems might make or by known or unknown risks, uncertainties and other factors. These risks and uncertainties include but are not limited to: the risk that the businesses may not be combined successfully or in a timely and cost-efficient manner the risk that business disruption relating to the merger may be greater than expected; and such other risks and uncertainties as identified in Modern Systems’ most recent Annual Report on Form 10-K and other reports filed by it with the Securities and Exchange Commission. All names and trademarks are their owners’ property.