NEWS/EVENTSOpenConnect Cites Customer Wins, Partnership Expansion in Driving Banner ResultsdiscoverNow™ program uncovers significant improvement opportunities; Average ROI equals 4 month payback.Dallas, TX – July 31, 2006 - OpenConnect Systems, Inc., delivering technology solutions that turn mainframe assets into business value, today announced significant growth and accomplishments achieved in the past 12 months. From expanded partnerships to new product introductions, OpenConnect led the market with innovations to connect the mainframe to evolving technology architectures, helping numerous client companies discover how to unlock the hidden value in their mainframe enabled business processes. Innovation was a key theme for the fiscal year ending June 30, 2006, with the introduction of a new technology that is addressing the until-now missing discovery piece to business process management. Launched in February 2006, OpenConnect’s Comprehend product is a groundbreaking solution that discovers business processes by observing true end-user behavior in the enterprise. OpenConnect was invited to introduce this product at DEMO 2006, an event that showcases technological innovations that have a significant impact on the marketplace. "In the past year, we built a strong foundation in the market by developing new technologies, expanding our relationships with partners and providing measurable results for industry-leading companies," said Edward Peters, CEO of OpenConnect. "The introduction of our Comprehend product has been a turning point for the creation of an emerging market that we call Business Process Discovery. Discovery is the key phase to any initiative, whether it’s creating re-usable business services for a SOA, enabling a BPM initiative, or simply identifying process inefficiencies to allow companies to realign their technology-based processes for a competitive advantage. Our 2-week discoverNow™ service engagement program has been the catalyst in demonstrating to clients exactly how to improve their mainframe business processes." Other notable achievements for the fiscal year include:
About OpenConnectOpenConnect is the premier supplier of technology solutions that turn information technology assets into business value. With a rich history of innovations in both mainframe and Web technologies, OpenConnect helps the world's largest and most complex organizations comprehend, configure and securely connect to their mainframe applications and data through Web-based architectures. OpenConnect's solutions save companies time and money, improve return on legacy technology investments and minimize the risk of expansion into the online realm. OpenConnect's products are distributed in more than 60 countries and used by more than 60 percent of Fortune 100 companies. For more information on OpenConnect, visit www.oc.com. Press Contact:
Jennifer Buchhalter |