Acucorp Opens Office in Milan, Italy

Company increases global presence with new office location

San Diego, CA – February 1, 2005 – Acucorp, Inc., an international provider of software solutions that revitalize COBOL business applications, today announces the opening of its Milan, Italy office. The opening of this new office will enable Acucorp to provide direct technology and support to its Italian customers.

“There is a growing need for innovative COBOL modernization solutions that solve critical business problems,” explains Dr. Pamela Coker, Acucorp’s Co-founder, President and CEO. “For more than 16 years, Acucorp has been meeting this need. And with the introduction of our new Italian office, we can now localize our global resources and expertise for an even greater number of customers and partners.”

The addition of the Milan office strategically positions Acucorp in the heart of Italy's information technology (IT) industry—strengthening the organization's worldwide presence, now supported by its U.S. headquarters in San Diego, California; its Acucorp Europe offices in the key IT centers of London, England; Munich, Germany; Paris, France; and Utrecht, the Netherlands; and its distributors located around the globe.

With more than 4,000 customers in over 100 countries—including 1,000 independent software vendors (ISVs) and 1,000,000 corporate end users—Acucorp continues to lead the industry in the development of software solutions for legacy application modernization. Its extend® product suite features technologies that enable COBOL applications to: interoperate with systems running on .NET or written in Java or XML; be deployed on the Internet or a PDA; display a graphical user interface (GUI); access a relational database management system (RDBMS); take advantage of a thin client architecture; or be deployed on more than 600 Linux, UNIX or Windows platforms.

About Acucorp

Founded in 1988, Acucorp, Inc. is a privately held company headquartered in San Diego, California, USA. Its over 4,000 customers and 1,000,000 end users include Allianz Investmentbank, Ford Argentina, L’Oréal Mexico, Red Cross Belgium, SEB, Siemens, Sport Chalet, Thames Water, The Travelex Group (formerly Thomas Cook), Tower Records and Warner Music Group. The Company designs, develops, and markets innovative solutions for extending the life of vital COBOL business systems.

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Acucorp and extend are registered trademarks of Acucorp, Inc. All other trademarks used are the property of their respective owners.