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Alchemy Solutions Announces NetCOBOL for Windows V10 - NetCOBOL for Windows Version 10 Continues Traditions of High Performance, Free Runtimes and High Reliability

BEND, Oregon – 10 March, 2009Alchemy Solutions, Inc., (www.alchemysolutions.com) provider of legacy modernization solutions for Microsoft’s .NET Framework, today announced Version 10 of the company’s popular NetCOBOL for Windows product. A series of enhancements strengthens the company’s position in the COBOL for Windows market, further improving performance for users and expanding the environments being supported, while reaffirming our commitment to free COBOL runtimes.

This new version provides users with the confidence that they can use the development tools for the latest Windows operating systems such as Server 2008, Vista, and x64 editions. With NetCOBOL for Windows V10, users can create COBOL applications whose data can be easily exchanged with Excel resulting in even greater flexibility in working with other applications. In addition, NetCOBOL for Windows supports 16-bit Unicode Transformation Format (UTF-16) which is especially important for global applications that may contain characters from foreign language alphabets.

NetCOBOL for Windows V10 continues to give users the option of using Eclipse as their integrated development environment (IDE), an option that is becoming increasingly popular with many in the development community.

Ethan Schultz, President, Rosebud Management Systems LLC, recently switched to using NetCOBOL for Windows and had this to say about his experience, "With NetCOBOL it’s a completely different world. NetCOBOL actually works! I have been impressed with the reliability, the performance and my company has really benefited from not having to pay runtime licenses for every copy of our software we ship. And support has been just as about as good as it gets, and I should know because I’ve been a programmer for 30 years."

“Alchemy Solutions has a substantial and growing global customer base. By constantly investing in our technology, we continue to deliver user satisfaction and business benefits,” said Ron Langer, chief operations officer and group president. “While NetCOBOL is recognized as a mature and robust COBOL environment, continued improvement ensures we  maintain our enviable record of customer loyalty.”

Alchemy Solutions has an established distribution agreement with Fujitsu to support its goals of growing the global NetCOBOL compiler business. In addition to NetCOBOL, Alchemy Solutions provides NeoKicks, NeoBatch, NeoSort, and NeoData, and supports the distributors and resellers inherited from Fujitsu Computer Systems. Alchemy Solutions maintains the support processes and policies for the NetCOBOL and Neo products that were in place when the company purchased them from the Fujitsu business unit.

Information about Alchemy Solutions and its product offerings can be found at www.alchemysolutions.com.

About Alchemy Solutions

Alchemy Solutions (www.alchemysolutions.com) is a leading provider of technology solutions that help organizations integrate legacy applications with the latest Microsoft Windows technologies, including Visual Studio and the .NET Framework. The company’s technology enables significant cost savings by moving applications and data from expensive mainframe platforms to cost-effective Windows environments.  The Alchemy Solutions suite includes NeoKicks™, NeoBatch®, NeoSort™ and NeoData™ enabling the modernization of mission critical CICS and batch applications within the Microsoft .NET environment.  Additionally, Alchemy Solutions, and its worldwide network of partners, distribute the Fujitsu NetCOBOL family of runtime-free COBOL compilers outside of Japan.  Alchemy Solutions, Inc. is a privately held corporation with headquarters in Bend, Oregon. The company resulted from the 2008 acquisition of the Legacy Modernization Group of Fujitsu Computer Systems.

Fujitsu and NetCOBOL are registered trademarks of Fujitsu Ltd. in the United States and other countries. Alchemy Solutions, NeoKicks, NeoBatch, NeoSort and NeoData are trademarks or registered trademarks of Alchemy Solutions, Inc. in the United States and other countries.