DALLAS, June 5, 2007 (PRIME NEWSWIRE) -- INFINITE Software Corporation (Pink Sheets:IFSC), a leader in Legacy Extension, Business Intelligence and loan production software for banks, credit unions and consumer lending institutions and developer of the award-winning INFINITE and LPS product lines, announced today that they have signed on as a Jumpstart Sponsor for the AberdeenGroup Legacy System Modernization Report, being published June 2007.
INFINITE Software is partnering with the AberdeenGroup on their 2007 report investigating IBM Legacy system Modernization alternatives. The goal is to evaluate what CIO's and other technical decision-makers intend to do with their IBM AS/400 and Mainframe Applications in the near future. The choices include replacement or rewriting. Both incur time, expense and risk -- three things that most companies don't have in abundance. Yet the benefits of offering platform flexibility, web access, modern appearance and functionality and the ability to quickly respond to customers, vendors and partners are obvious.
INFINITE Software's products and services migrate legacy Mainframe and AS/400 applications to Windows, Unix and Linux. "We are very pleased to have been invited to participate in this project with the Aberdeen Group. Their reputation as a global research and analyst firm speaks for itself. Their desire to engage in a partnership with INFINITE Software speaks to our company's growth and industry reputation," said Bruce Acacio, CEO, INFINITE Software.
About INFINITE Software Corporation
INFINITE Software is a global provider of software and services for the legacy extension and financial services markets. The company is headquartered in Orange County, CA and operates globally from offices in Asia, North America, South America and Europe. The Company's products are marketed under the brand names INFINITE and LPS. INFINITE Software enjoys over 100,000 installations in 56 countries.
About AberdeenGroup, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen(tm) for insights that drive decisions.
Safe Harbor Statement
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This report includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this report that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.