CipherSoftInc.com

Press Release - June 1st, 2002 - Calgary, AB

CipherSoft Establishes Channel Partner Program

Ciphersoft Inc., a global leader in conversion tools and services, announced today the release of its Channel Partner Program for its conversion tool, Exodus™. CipherSoft will provide Channel Partners the opportunity to resell the Exodus™ product, which converts Oracle Forms and PL/SQL into the Java environment. Future releases of the product will include other versions which take additional proprietary applications into the Java environment. CipherSoft will also offer training and consulting around the Exodus product to their channel partners to assist them with building their own ability to provide services around the Java environment. As well, CipherSoft maintains a development and conversion facility in our Calgary office where we convert client's code that will be provided to the reseller. CipherSoft Inc. has been formed as a result of many years of experience in conversions and application development.

"Our goal is to provide our Channel Partners with the ability to generate revenue for themselves while providing their clients with a solution to take them into the Java environment. The Exodus™ product and services provide clients with extensive capability and functionality to take Oracle Forms into the Enterprise Java Beans environment. We are excited about the market potential for this product and the ability to provide users with a conversion product that takes them into a truly 'open' environment said CipherSoft President and CEO, Jennifer McNeill. "Our market research shows that many Oracle users are looking for the ability to move forward into the Java environment, not just with their PL/SQL but also their Oracle Forms. This product will provide that capability."

With its headquarters in Calgary, the company will provide this product globally by partnerships with a large distribution channel worldwide. Utilizing its past experience with conversions and application development, and building on the reputation of providing excellent products and services at an excellent price point to the client, the company plans to move aggressively into the global market.

View CipherSoft's Partner Page »

About CipherSoft

CipherSoft Inc. is a leading software migration enterprise specializing in providing application conversions, application development, consulting, and implementation services to organizations globally. CipherSoft has built strategic alliances with multinational firms such as Oracle, HP, Sun and IBM. The company has also formed relationships through specialized global channel partners who have the expertise to provide clients with true open system technology. CipherSoft's headquarters are located in Calgary, Canada with offices throughout the United States and Europe. More information is available at www.ciphersoftinc.com or by calling (403) 256-5699.

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