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| Egan Systems, Inc. is engaged in the business of developing, selling and
supporting computer software products, particularly products related to
the COBOL computer language. The Company's main business has been and
continues to be the creation and sale of COBOL language dialects that
permit programs written in heretofore proprietary versions of COBOL to
move (migrate) to inexpensive high performance systems available from a
variety of suppliers without the need to rewrite the programs. Much of the
Company's existing business is with firms that, at one time or another,
enjoyed a relationship with Data General Corp. (D.G.) and employed one or
more versions of D.G.'s COBOL products. |
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