BluePhoenix (BPHX) Awarded Two Natural/ADABAS Contracts from U.S. Gov't
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BluePhoenix Solutions (NASDAQ: BPHX) today announced that it was awarded by separate US government entities two Natural/ADABAS modernization contracts with an aggregate value of over one million dollars.
The first deal is with a US government organization that provides investment, health and dental, disability and life insurance benefits to active and retired public employees. The second deal is with a US state agency, which administers educational reform and improvement of about 100 school districts and more than 1,000 public schools.
Both organizations were looking to reduce the cost structure associated with Software AG, the supplier of Natural/ADABAS solutions. BluePhoenix will provide the organizations with automated IT modernization solutions to migrate from Natural/ADABAS to Microsoft .NET. This migration will eliminate costly license fees, increase developer resources and provide an agile IT environment.
"We are seeing a significant increase in the number of enterprises seeking to reduce the high costs associated with the Natural/ADABAS environment, and a desire to migrate the applications and data to more current technologies," said Yaron Tchwella, CEO, BluePhoenix Solutions. "BluePhoenix has the leading tools in the market, making the decision to select our services quite straight forward. Our proven track record and successful implementations using our automated modernization solutions has helped us expand our presence and customer base in the US government segment."
The first deal is with a US government organization that provides investment, health and dental, disability and life insurance benefits to active and retired public employees. The second deal is with a US state agency, which administers educational reform and improvement of about 100 school districts and more than 1,000 public schools.
Both organizations were looking to reduce the cost structure associated with Software AG, the supplier of Natural/ADABAS solutions. BluePhoenix will provide the organizations with automated IT modernization solutions to migrate from Natural/ADABAS to Microsoft .NET. This migration will eliminate costly license fees, increase developer resources and provide an agile IT environment.
"We are seeing a significant increase in the number of enterprises seeking to reduce the high costs associated with the Natural/ADABAS environment, and a desire to migrate the applications and data to more current technologies," said Yaron Tchwella, CEO, BluePhoenix Solutions. "BluePhoenix has the leading tools in the market, making the decision to select our services quite straight forward. Our proven track record and successful implementations using our automated modernization solutions has helped us expand our presence and customer base in the US government segment."
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