Forecross Signs New XML Contract

Forecross Corporation, a legacy-to-web and XML implementation solutions company, announced today that it has signed a new contract with a large financial services firm in New York for ongoing services related to the customer's mainframe XML integration efforts.

This contract extends well into calendar 2001, the services provided by Forecross to this customer during the prior year. As part of the services, Forecross will conduct IT management-level education in how to maximize the value of XML in enterprise applications, and will conduct demonstration projects using the Forecross L2X SmartXML Suite of tools. SmartXML allows mainframe use of XML without the costs and technical limitations of middleware.

"XML is a powerful technology that has the potential to revolutionize the flow of information across every boundary imaginable. To gain the most benefit from XML requires a combination of farsighted IT management, dedication to bottom-line value and native environment XML implementation software. We are very pleased that this respected financial services firm is continuing to maintain its IT edge in the XML arena in partnership with Forecross," commented Kim O. Jones, President and Chief Executive Officer.