LAGUNA NIGUEL, Calif., Feb. 14, 2008 (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 product lines, announced it has established a Preferred Partner Program and that HP (NYSE:HPQ) is its Preferred Partner.
INFINITE Software enjoys over 100,000 installations in 56 countries. As new releases of its popular Infinite iSeries product family are released, they will be released first on HP platforms.
INFINITE Software is the dominant global player in the IBM legacy migration market and specifically the AS/400. The AS/400 platform while declining in numbers is still a widely proliferated system. INFINITE Software and HP have jointly developed global programs to migrate AS/400 applications to HP platforms such as HP-UX, Linux and Windows running on HP blade and Integrity servers.
This new status indicates that HP is the leading platform for clients seeking to migrate AS/400 applications to newer more open systems. INFINITE Software CEO, Bruce Acacio, said, "The partnership we have enjoyed with HP has been extraordinary. The level of support, assistance and team work that we have achieved from them is unparalleled. We see a continued expansion of our relationship and have great expectations for the future."
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 Hewlett Packard Company
While Hewlett-Packard may be known for product innovation, the company's corporate development is a tale of reinvention. HP provides enterprise and consumer customers a full range of high-tech equipment, including personal computers, servers, storage devices, printers, and networking equipment. Its software portfolio includes operating systems, print management tools, and OpenView, a suite that encompasses application, business, network infrastructure, and product lifecycle management. HP also boasts an IT service organization that is among the world's largest.
Safe Harbor Statement
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release 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 California Software or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release 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.