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Our original
Year 2000 compliance efforts included:
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Reviewing
and updating the Year 2000 compliance status of the software
and systems used in our internal business processes |
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Obtaining
appropriate assurances of compliance from the manufacturers
of these products and agreements, as necessary, to modify
or replace all non-compliant products |
This
program was substantially completed by December 31, 1999.
In addition,
we converted certain of our software and systems to commercial
products from third parties that were known to be Year 2000
compliant. This conversion required:
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The
dedication of substantial time from our administrative
and management information personnel |
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The
assistance of consulting personnel from third party software
vendors |
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The
training of our personnel using such systems |
Based
on the information available to date, we believe that we were
able to complete our Year 2000 compliance review and make
necessary modifications prior to the end of 1999. To the extent
that we will continue to rely on the products of other vendors
to resolve Year 2000 issues, there can be no guarantee that
we will not experience delays in implementing such products.
We could incur substantial costs and disruption of our business
if key systems, or a significant number of systems, were to
fail as a result of Year 2000 problems or if we were to experience
delays in implementing Year 2000 compliant software products.
State
of Readiness.
Our Year 2000 project was divided into four major sections:
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Product
Readiness |
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Information
Systems Operations & Applications Software (IS Systems)
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Third-party
Suppliers |
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Global
Business Processes (includes Facilities, Legal, Manufacturing,
Technical Support, Sales, Product Management and Development,
Marketing and Finance) |
There
were five general phases of our Year 2000 Project applicable
to each of the four sections:
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Awareness
Phase. Increasing employee awareness through various
forms of communication |
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Mission
Critical Inventory Phase. Taking an inventory of mission
critical items relevant to Year 2000 (including computer
hardware, software, telecommunications equipment, embedded
controllers within our facilities, and other non-computer
related equipment), assigning priorities to identified
items for assessment and possible renovation, and assessing
the status of Year 2000 compliance of items which we have
determined to be material to our business |
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Repair
or Replace Phase. Repairing or replacing material
items that are not Year 2000 compliant. Material items
are those items that we believe have a significant negative
impact on customer service, involve a risk to the safety
of individuals, may cause damage to property or the environment,
or may significantly affect revenue |
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Update
Testing Phase. Testing of updates given by third party
suppliers |
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Business
Contingency Phase. Designing and implementing contingency
plans for each internal organization and critical location
during the Year 2000 rollover period |
As of
December 31, 1999 we had substantially completed all of the
phases for each of the four sections of the project.
Product
Readiness.
All of our currently supported products are Year 2000 compliant,
meaning that the use or occurrence of dates on or after January
1, 2000 will not adversely affect the performance or functionality
of our products with respect to four-digit year dates or the
ability of our products to correctly create, store, process,
and output information related to such date data, including
Leap Year calculations. However, Year 2000 compliance of our
products may be affected by other parts of the system in which
they are being used, as discussed below.
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