CHARLOTTE, N.C., Dec. 12 /PRNewswire/ -- Ingram Micro Inc. (NYSE:IM)
has awarded Alydaar Software Corporation (NASDAQ:ALYD)
with a contract for Year 2000 remediation services. The contract calls for Alydaar to use its SmartCode reengineering technology to make the Company's programs Y2K compliant. This is Alydaar's 33rd full remediation contract award this year.
The Year 2000 problem arises from computer programs written in the 1970s and 1980s that read only the last two digits in a year. The 00 reading for 2000 would cause an error in some programs or could be interpreted as 1900. The world-wide market to repair the Year 2000 problem is estimated to be in excess of $600 billion.
Robert Gruder, Alydaar's CEO, stated: "Ingram Micro is a world class organization and they have a strong knowledge of Year 2000 issues. I am pleased they have selected Alydaar and it's SmartCode to provide a reliable and proven technology to help in their Year 2000 effort."
Bill Larkins, director of technology for Ingram Micro said: "The Year 2000 issue is one which needs a timely and reliable solution. We believe the SmartCode technology will assist Ingram Micro in meeting its Year 2000 goals."
Alydaar Software Corporation is a software reengineering company, specializing in providing services to resolve the Year 2000 problem, as well as computer language translation and systems migration services. Using SmartCode, Alydaar's core reengineering technology, Alydaar has already automatically corrected millions of lines of code for it's clients that has since been put back into production. Alydaar has offices throughout North America and Europe.
Ingram Micro Inc., headquartered in Santa Ana, Calif., is the world's leading wholesale distributor of technology products and services with 1996 sales in excess of $12 billion. The company operates in 24 countries and distributes more than 145,000 products to over 100,000 resellers in 120 countries.
Source: Alydaar Software Corporation
CONTACT: Thomas Dudchik, Alydaar Software Corporation, 704-365-2324
Web site: http://www.alydaar.com/
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