Syspoint Delivers Virtual Compiler™

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St. Paul, MN/March 15, 2004/Business Wire Â? Syspoint, an enterprise software provider to Global 5000 companies, today announced the delivery of the Syspoint Virtual CompilerÂ? (SVC), a patent-pending solution that saves customers compiler license fees by automating the process of outsourcing customer compiles to one of SyspointÂ?s dedicated compile facilities.

Business Wire – Syspoint, an enterprise software provider to Global 5000 companies, today announced the delivery of the Syspoint Virtual Compiler™ (SVC), a patent-pending solution that saves customers compiler license fees by automating the process of outsourcing customer compiles to one of Syspoint’s dedicated compile facilities.

One of Syspoint’s customers, a Fortune 500 company said, “Syspoint’s innovative technology is saving us thousands of dollars per month.” “The best part is that no control statement changes are necessary, so there was no impact on our application programmers.”

Syspoint’s Virtual Compiler replaces an expensive legacy compiler with an automated front end for FTP, the widely used File Transfer Protocol. The Syspoint program transfers the customer’s source code to one of Syspoint’s compile facilities, compiles it there (using the identical compilers our customers are using today), and transfers the object code and listing files back to the customer’s machine. Application programmers experience little or no visible difference. A dedicated line, virtual private network (VPN), or Transport Layer Security (TLS) is used to protect the customer’s source code while in transit. A dedicated machine and rigorously controlled access protects the compile itself. No customer source code is stored on Syspoint’s machines.

“In this economic climate, customers aren’t buying the proposition of large upfront costs in return for eventual cost savings,” says Steve Randazzo, Syspoint’s SVP Sales. “Our whole value proposition is based on month-to-month licenses that save the customer a minimum of 30% starting from day one.” Syspoint’s license fees are based on a minimum 30% discount off the cost of the legacy compiler, with no up-front cost.

The first of a family of virtual compilers, Syspoint’s initial offering automates the outsourcing of IBM’s Enterprise COBOL for z/OS, COBOL for OS/390 and VM, COBOL II and OS/VS COBOL. Additional compilers currently in beta test include more versions of COBOL and PL/1. Products in development replace C/C++ and Fortran.

About Syspoint

Syspoint is a privately held software developer based in St. Paul, MN. Syspoint was founded by three software industry veterans with over 40 years of enterprise software experience among them. Syspoint’s value proposition is delivering products with an ROI of sixty days or less, no extensive migrations or conversions, and no up-front license fees. For more information, visit Syspoint at http://www.SyspointUSA.com.

To schedule an interview with a Syspoint professional, contact Steve Randazzo at 262-670-6792 or e-mail steve.randazzo@syspointusa.com.

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