(NASDAQ: BPHX), the global leader in legacy language and database
translation, announced the completion of a project that will begin to
help over 200,000 police officers receive savings, investments and
insurance services quicker.
Police Mutual Assurance Society (PMAS), founded in 1922, offers
financial help, an advice service, and a range of exclusive products
designed especially for the members of the UK Police services and their
families. The company provides prompt, reliable service while leveraging
people and technology to best understand the needs of police officers
and their families.
PMAS was using a DEC-Alpha (Open VMS) environment to handle critical
customer information and share data between different financial
platforms. This environment and its surrounding systems became
increasingly difficult to support and often lacked the ability to
integrate modern systems used to gain insight from customer data.
BluePhoenix technology and services were used to migrate the legacy
language and database from Natural/ADABAS to a new environment
leveraging Microsoft SQL Server Enterprise, Windows Server, Visual
Studio and Hyper-V.
David Loughenbury, CIO of Police Mutual, acknowledged the business
benefits of moving to the new platform. "The old platform required
significant manual work to export data and had no rules or intelligence
for automation. The new platform allows us to process and share data
between business groups quicker with less risk. This project is the
first phase of modernizing our overall infrastructure, reducing
operating costs and adding integration with products like Microsoft
Dynamics CRM. Now, our services and marketing teams can leverage data to
do what we do best- know our customers and their needs."
Adds Loughenbury, "We knew there would be some difficulty with the
legacy environment, but we selected BluePhoenix because of their
significant experience, proven tools and on-shore support. BluePhoenix
has worked closely and reliably with our teams from the inception of the
project through the sizing and planning, right through to the delivery.
The project has been completed within timescale and budget and this
enables us to move onto the next stage of our IT strategy. The services
provided by BluePhoenix really accelerated the migration timeframe and
"PMAS is undertaking a project of great scale," says Matt Bell, CEO of
BluePhoenix. "We were happy to work with their team and help reduce the
risk around delivery of these services."
About BluePhoenix Solutions
BluePhoenix Solutions Ltd. (NASDAQ: BPHX) is the leading provider of
legacy IT modernization conversion solutions. The BluePhoenix portfolio
includes a comprehensive suite of tools and services from global IT
asset assessment and impact analysis to automated database and
application migration. Leveraging over 20 years of best-practice domain
expertise, BluePhoenix works closely with its customers to ascertain
which assets should be migrated, redeveloped, or wrapped for reuse as
services or business processes, to protect and increase the value of
their business applications and legacy systems with minimized risk and
BluePhoenix provides modernization solutions to companies from diverse
industries and vertical markets such as automotive, banking and
financial services, insurance, manufacturing, and retail. BluePhoenix
has 6 offices in the USA, UK, Italy, Romania and Israel.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements contained in this release may be deemed
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995 and
other Federal Securities laws. You can identify these and other
forward-looking statements by the use of words such as "may," "will,"
"plans," "believes," "estimates," "expects," "predicts", "intends," the
negative of such terms, or other comparable terminology. Because such
statements deal with future events, plans, projections, or future
performance of the Company, they are subject to various risks and
uncertainties that could cause actual results to differ materially from
the Company's current expectations. These risks and uncertainties
include but are not limited to: the effects of the global economic and
financial trends; market demand for the Company's products; successful
implementation of the Company's products; changes in the competitive
landscape, including new competitors or the impact of competitive
pricing and products; and such other risks and uncertainties as
identified in BluePhoenix's most recent Annual Report on Form 20-F and
other reports filed by it with the SEC. Except as otherwise required by
law, BluePhoenix undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
This press release is also available at www.bphx.com.
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