Havenshire Becomes the Only Firm Outside North America Offering New Legacy Software Modernisation Technology

Top Quote Havenshire Limited is now the only the only firm outside North America that is offering ioLogex™ from USA-based ioSemantics LLC. This new technology automatically analyses, documents, and most importantly remediates and converts legacy software into clean well structured new software in the language of choice. Havenshire and ioSemantics will deliver services to UK clients in concert. End Quote
  • (1888PressRelease) October 08, 2010 - A new agreement between Havenshire Limited and USA-based ioSemantics LLC makes Havenshire the only firm outside North America that is offering ioLogex™. This new technology developed by ioSemantics automatically analyses, documents, and most importantly converts legacy software into clean well structured new software in the language of choice.

    The result is more than easier and cheaper to maintain. After conversion, the software can be enhanced faster and at lower cost, allowing the customer to respond more readily to market changes. It also smooths migration to more modern computing platforms.

    A current project in the States is migrating 750,000 lines of heavily patched, poorly documented COBOL to properly structured, fully documented Java. Traditional methods and tools would require a team of highly skilled analysts for several months and would be likely to overlook some details of the work being done by the legacy system. With ioLogex™, analysis began in September and conversion will be complete before December. Because it is automated, no functionality is accidentally omitted.

    Havenshire and ioSemantics will deliver services to UK clients in concert for a seamless combination of ioSemantics' breakthrough analysis, conversion and migration services with Havenshire's consulting and technical services.

    Bonnie Huval, Director of Havenshire, commented, "Compared with existing technology for legacy software modernization and related purposes, ioSemantics offers a demonstrably superior value proposition for our clients. Cost, flexibility and speed of delivery are excellent. We always insist upon delivering top quality, and so does ioSemantics. We look forward to introducing this innovative service to our clients to address substantial and pressing business needs."

    Steve Bucuvalas, CEO of ioSemantics, commented, "We are excited to establish a marketing partnership with Havenshire Limited. We are impressed with the technical experience, market knowledge and track record of the principals of Havenshire Limited and we look forward to applying our technology and expertise to their client base."

    About Havenshire
    Havenshire Limited, based in England, is a business and information technology consulting firm which focuses on helping businesses become more efficient and effective. Havenshire's expertise and hands-on involvement with client projects improve revenue linked IT systems, adjust human procedures, diminish waste, and orchestrate such changes to produce significant improvement in the bottom line. Clients turn to Havenshire for step change enhancements of their mission critical IT systems and associated business processes.

    About ioSemantics
    ioSemantics LLC is a Colorado-based technology company which focuses on developing and exploiting software (and related knowledge management) engineering technologies and products. ioSemantics' products provide unparalleled productivity and quality based on its unique insights into the practical applications of certain aspects of academic computer science. This technology is applied to substantial and critical business needs of large commercial and governmental enterprises, with the aim of creating breakthrough value propositions across a number of difficult, ubiquitous problems such as legacy software assessment, remediation/renewal and conversion.

    Forward-looking Statements

    This press release may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans that involve risk and uncertainties. We use words such as "may," will," expects," anticipates," believes," "estimates," the negative of these terms and similar expressions to identify forward looking statements. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by those projected in the forward looking statements.

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