BEND, Oregon, April 7, 2009 – Alchemy Solutions, Inc. (www.alchemysolutions.com), provider of legacy modernization solutions for Microsoft’s .NET Framework, today announced a comprehensive reseller agreement with Aithent Inc. (www.aithent.com), a leading provider of IT software and services worldwide. Under terms of the partnership, Aithent will resell Alchemy’s software across the US and Canada and create systems that better leverage and modernize customers’ mainframe-based legacy assets.
Alchemy’s market-leading software preserves and extends customers’ investments in their legacy mainframe systems by modernizing applications during the process of being migrated to the .NET environment. Aithent is a SEI CMM-Level 5, full-service IT consulting organization and a Microsoft® Certified Partner with a strategic focus on the .NET platform. With proven applications, technology expertise as well as business experience in multiple industry verticals Alchemy and Aithent together provide the ideal solution for both large and mid-sized organizations faced with legacy modernization challenges.
“People define modernization in different ways, from maximizing their mainframe applications to moving off the mainframe altogether. For a CIO, modernizing must also mean deriving more value from their systems,” said Ron Minafri, former CIO, State of New York Insurance Department and now senior advisor to Aithent. “This strategic alliance will help deliver the Alchemy solution to a broader audience, with the added benefit of Aithent’s technology and domain expertise.”
“Legacy modernization in general, and web service optimization in particular, continue to be key alternatives for mitigating the business and economic issues associated with legacy systems. Customers are increasingly turning to us to help control their costs of running IT systems,” said N. Venu Gopal, Aithent co-founder and CEO. “Leveraging Alchemy Solutions technology and our expertise built over 18 years of helping organizations modernize legacy applications, Aithent is in a strong position to help companies move ahead while controlling costs. Alchemy has a great track record and proven technology that makes them an obvious choice for us.”
“Aithent has a broad customer base in several markets that are important to Alchemy, including financial services, government, healthcare and technology. In today’s economic climate, the principles of reuse and resource optimization are paramount. Some industries are just discovering this fact, but these concepts have always been core to Alchemy, and to Aithent,” remarked Ron Langer, Alchemy Solutions COO and Group President. “This relationship underscores our strategy of working with the right partners that have domain expertise to fulfill market needs.”
About Aithent
Aithent (www.aithent.com) is a global IT software and services firm that delivers tangible value to leading organizations worldwide. Aithent’s global RightShore delivery model successfully aids clients by designing, developing and implementing innovative software solutions to streamline complex business processes and modernizing costly, high-maintenance legacy systems.
About Alchemy
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.
