Business Services Industry

California Software Enters Into Agreement With Unisys

Business Wire, April 26, 2001

Business Editors and High-Tech Writers

IRVINE, Calif--(BUSINESS WIRE)--April 26, 2001

California Software Corp. (OTC BB:CAWC), a leader in IBM Midrange migration products and developer of the award-winning BABY, Unibol and MLPS product lines, today announced it has added Unisys to its client roster.

"Our Business Services team has been working with the team at Unisys and we are very pleased to announce that our efforts have culminated in an agreement," stated Kevin Graham, Vice President, Sales, California Software. "We had a goal to provide them with a solution that added value for the Unisys team," continued Graham. Carol Conway, president, California Software was quoted as saying, "Our Irvine-based team worked very hard to bring the first step in the transaction to closure. We look forward to building on this new relationship with Unisys."

About California Software Corp.

With headquarters in Irvine, and offices in Richmond, Va., Belfast, Ireland and Brussels, Belgium, California Software Corp. is the worldwide leader in IBM Midrange migration software solutions and a leader in Financial Services Software. The company's products, marketed under the brand name BABY, Unibol and MLPS, support the migration of IBM AS/400 screens and applications to Windows, Unix, Linux and the Web and loan processing applications for financial institutions. California Software enjoys more than 100,000 installations in 56 countries and is in use by such customers as Caterpillar, Volvo, DHL Worldwide, BMW Motors, Alliance Funding and Bancomer.

This news release contains forward-looking statements relating to future events or future financial performance that involve risks and uncertainties. Such statements can usually, but not always, be identified by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "intends" or the negative of such terms or comparable terms. These statements are only predictions and actual results could differ materially from those anticipated in these statements based upon a number of factors including those identified in the company's filings with the SEC. Investors are cautioned that all forward-looking statements involve risks and uncertainties of the industry in which the company operates and/or proposes to operate, including without limitation, uncertainties of product sales and product development, market acceptance of the company's products, the impact of competitive products and technological innovation, product returns and defects, product obsolescence, availability of qualified personnel, dependence on third party suppliers, success or failure of strategic business alliances, acquisitions or other business combinations, new or amended laws and regulations applicable to the company, general market conditions, and other risks. These forward-looking statements are made in reliance on the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended.

COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group
 

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