BluePhoenix Solutions (Nasdaq:BPHX), the leading provider of value-driven legacy IT modernization solutions, today announced a strategic partnership with Veryant, the COBOL and Java technology innovator, to add isCOBOL software to its portfolio, and include the software as part of the company leading suite of modernization tools and solutions. This new initiative is part of the company strategy to expand its software license sales.

As part of this partnership agreement, BluePhoenix will market and resell Veryant’s isCOBOL product, targeting existing open systems COBOL customers.

The main advantages of the new offering are:
  • The most cost effective solution to COBOL deployment on open platforms with significant lower software licensing fees compared to competitive solutions
  • An effective bridge from COBOL to the modern JAVA world
  • Advanced integration with leading tools and products used for legacy modernization
  • BluePhoenix strength and experience combined with a well proven COBOL solution
  • The company offers the best comprehensive suite for legacy modernization

With a team of over 750 highly experienced professionals, BluePhoenix provides end-to-end solutions for companies looking to move from outdated and costly legacy applications and COBOL platforms to newer technologies and architectures that foster innovation and improve business value. isCOBOL technology offers the unique ability to continue development in COBOL, while simultaneously modernizing and deploying applications across multiple platforms in an open Java framework.

“We believe that this new offering will change the COBOL landscape in the open platform market. Our partnership provides a very competitive solution. Customers will have the ability to move to a superior technology while significantly reducing the licensing and maintenance costs associated with running COBOL in open platform environments,” said Arik Kilman, CEO, BluePhoenix. “We estimate the annual open systems COBOL market to be valued at more than 300 million dollars. There are a multitude of companies facing steep COBOL licensing and maintenance fees and we believe that our joint offering is a compelling option in both technology and costs aspects.”

BluePhoenix has already successfully migrated several customers to Veryant’s isCOBOL technology, among them a U.S. government agency and a transportation and logistics firm. In these cases, BluePhoenix delivered a modern, updated Java-based application framework that dramatically lowered ongoing software licensing fees.

To address the growing COBOL alternative market, BluePhoenix and Veryant will collaborate in co-marketing activities; BluePhoenix will also offer its customers first-line product support.

"I'm excited about our new strategic partnership with BluePhoenix. We believe that our innovative technology coupled with BluePhoenix’s ability to address the market will provide businesses with the software and service solutions required to successfully address today’s market challenges," commented Alfredo Iglesias, vice president of business development, Veryant. “isCOBOL provides a full-featured, affordable COBOL alternative to existing products while simplifying ongoing development and enhancing modernization initiatives.”

About BluePhoenix Solutions

BluePhoenix Solutions (NASDAQ: BPHX) is the leading provider of value-driven legacy IT modernization 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, rehosting, and renewal. 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.

BluePhoenix provides modernization solutions to companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. Among its prestigious customers are: Aflac, Capita Group, CareFirst, Citigroup, Danish Commerce and Companies Agency, Desjardins, Los Angeles County Employees Retirement Association, Rabobank, Rural Servicios Informaticos, SDC Udvikling, TEMENOS, Toyota, and Volvofinans. BluePhoenix has 13 offices in the USA, UK, Denmark, Germany, Italy, The Netherlands, Romania, Russia, Cyprus, Australia, and Israel.

Cautionary Statement Regarding Forward-Looking Statements

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About Veryant

With an extensive COBOL and Java heritage, Veryant delivers software that optimizes IT resources, improves business performance, and revitalizes programming resources. Whether your business is extending applications with new user interfaces, evolving existing applications through SOA, or improving quality and distribution processes, Veryant's expertise and innovative products will increase the productivity of your applications. Veryant is headquartered in Phoenix, with offices worldwide. For more information, visit

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