This excerpt taken from the BPHX 6-K filed Jun 11, 2007.
BluePhoenix Solutions Achieves IBM Advanced PartnerWorld Designation
Supports Creation of New Opportunities for Business Growth and
CARY, N.C. June 11, 2007 BluePhoenix Solutions (NASDAQ: BPHX), the leader in value driven legacy modernization, today announced that it has achieved advanced member status in IBMs international PartnerWorld Program for Independent Software Vendors (ISV).
PartnerWorld is a worldwide program for IBM business partners offering sales and marketing tools, skill building courses and technical support to create new opportunities for business growth and profit. It encompasses the entire portfolio of industry-leading IBM technologies, products, services and financing. Resources are provided in the areas of selling, marketing, technical resources and support, as well as training and certification. Benefits of participating in this program include a listing in the IBM PartnerWorld Global Solutions Directory that highlights the BluePhoenix solutions. BluePhoenix will continue to participate with the IBM sales and marketing organization on major projects and lead generation activities.
BluePhoenix was granted advanced level participation in IBMs PartnerWorld program after demonstrating that numerous customers were extending and enhancing their existing Mainframe systems with BluePhoenix products and technology, and deploying applications on approved IBM hardware and middleware with significant commitment to IBM technologies.
BluePhoenix is unique in offering modernization customers best practice domain expertise, services and a wide range of products enabling organizations to achieve rapid ROI with renewed business capabilities. Unlike traditional migration tools companies that only provide one piece of the modernization puzzle, BluePhoenix offers customers a comprehensive solution from global asset assessment and impact analysis to implementation of modernization roadmaps that makes sense for their businesses. By working with BluePhoenix, IBM clients can address a full range of IT modernization areas such as Web services and SOA to mitigate risk, minimize IT downtime and preserve application business logic.
Achieving advanced member status in the IBM PartnerWorld Program is a significant milestone, because it required a successful demonstration of BluePhoenixs modernization tools and technology through customer experiences, said Arik Kilman, CEO, BluePhoenix Solutions.
This proven customer validation shows how synergistically IBM and BluePhoenix solutions work together. As an IBM Partner, BluePhoenix is well positioned to grow its IBM customers related revenue by more then 15% in 2007.
About BluePhoenix Solutions (www.bphx.com)
BluePhoenixs solutions serve companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing and retail. Among its prestigious customers are: Aflac, DaimlerChrysler, Danish Commerce and Companies Agency, Europe Assistance, Lawson Products, Los Angeles County Employees Retirement Association, Merrill Lynch, SDC Udvikling and TEMENOS. BluePhoenix has 13 offices in the U.S., UK, Denmark, Germany, Italy, Romania, Russia, Cyprus and Israel.
SAFE HARBOR: Certain statements contained in this release may be deemed forward-looking statements, with respect to plans, projections, or future performance of the Company, the occurrence of which involves certain risks and uncertainties that could cause actual plans to differ materially from these statements. These risks and uncertainties include but are not limited to: market demand for the Companys tools, successful implementation of the Companys tools, competitive factors, the ability to manage the Companys growth, the ability to recruit and retrain additional software personnel, and the ability to develop new business lines. This press release is also available at www.bphx.com. All names and trademarks are their owners property.