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BluePhoenix Solutions Signs Deal To Deliver Modernized Insurance And Financial System To A Large UK Provider

Stocks in this article: BPHX

BluePhoenix Solutions (NASDAQ: BPHX), the leading provider of legacy IT conversion solutions, announced today that it has started a project with a large insurance and financial services provider in the UK to convert from a legacy platform of Natural Adabas running on DEC-Alpha equipment to a Microsoft C# and SQL Server based environment.

BluePhoenix has been hired to convert around 1.5 million lines of code and almost 300 Adabas files. “We are excited to be a part of another strategic project where we are taking old, outdated systems and bringing them forward to modern Microsoft technology,” said John Regan project manager. He went on to say, “We strive for three major goals when delivering our projects: like for like functionality, easy maintainability, and increased performance.”

The bulk of the work is being done by BluePhoenix subsidiary Zulu Software who specialize in Natural Adabas migrations. “The Zulu Software team is widely known as the foremost experts in the conversion space for this type of technology and we are lucky to have them as part of our solution,” said Matt Bell, President of BluePhoenix. Trevor Veary, CEO of Zulu Software, said, “It’s a combination of our automated technology and vastly experienced people who make our projects a success and ensure referenceable customers.”

About BluePhoenix Solutions

BluePhoenix Solutions, Ltd. (NASDAQ: BPHX) is the leading provider of legacy IT modernization conversion solutions. The BluePhoenix portfolio includes a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration. Leveraging over 20 years of best-practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped, or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.

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