ITAA's Year 2000 Outlook August 28, 1998 Volume 3, No. 32 Published by the Information Technology Association of America, Arlington, VA Bob Cohen, Editor bcohen@itaa.org Read in over 70 countries around the world ITAA's Year 2000 Outlook is published every Friday to help all organizations deal more effectively with the Year 2000 software conversion. To create a subscription to this free publication, please visit ITAA on the web at https://www.itaa.org/transact/2ko utlooksub.htm. To cancel an existing subscription, visit https://www.itaa.org/transact/2kremove.htm. ITAA's Year 2000 Outlook is sponsored in part by CACI International Inc., DMR Consulting Group Inc., and Y2Kplus SEC Schedules Temporary Halt to Rule Changes The Securities and Exchange Commission says it will refrain from issuing new rules that require SEC-regulated entities undertake with major reprogramming efforts. The Commission has pledged "no new rules" requiring this work between June 1, 1999 and Marc h 31, 2000. The Commission says its moratorium is intended "to facilitate and encourage securities industry participants to allocate significant time and resources" in attending to Y2K problems. The rule-making ceasefire is not without its caveats. " …the Commission reserves the right to implement new rules, where such rulemaking is necessary to protect the public interest in response to emergency conditions or special circumstances that may arise during the moratorium," the SEC notes. The move does not apply to the National Association of Securities Dealers, the New York Stock Exchange, the Financial Accounting Standards Board or other groups, which may continue to issue rule changes to their members during this period. Pennsylvania PUC Sets Deadline; Utilities Say It Won't Be Met The Public Utility Commission (PUC) in Pennsylvania has drawn a Y2K dateline in the sand, but some utilities in the Keystone state say they may have to cross it. Testifying before the Senate Consumer Protection and Professional Licensure Committee this w eek, companies told the lawmakers that their Y2K repairs may take them beyond the PUC's March 31, 1999 deadline. Violators face fines or license revocations. For instance, PECO Energy Co. CIO Cassandra Matthews said work at the Peach Bottom Nuclear Plant in York County is not expected to be done until October. Duquesne Light Co. Vice President William J. DeLeo said his firm will be ready by mid 1999. Philade lphia Suburban Water Co. said it's acquiring backup power for treatment plants and water distribution. Associated Press reports Committee Chairman Sen. Clarence Bell, R-Delaware County, as saying, "On Jan. 1, 2000, any electric utility not fully operati onal-all hell will break loose." Bell said, "There's a lot of hungry lawyers ready to sue." Media Angles Vary in Y2K Reporting What's news about the Year 2000? Is this the story of the age or an aging story that has already been told? That question even has some reporters perplexed as they struggle to convince their editors that the computer crack-up situation is real…or convin ce themselves that they should be writing a technical story at all. For television reporters, the 00 angle is a programming snooze for their viewers. One television journalist says the Y2K story is too broad and not visual enough. A television reporter in the financial press agrees that the story lacks eye-appeal, but he thinks the Y2K maybe gaining in glitz: "It's getting more play than I would have thought for a very, very technical story," he says, adding, "but perhaps not enough for a situation that may affect every person on planet." This journalist, who has produced upwards of 20 Y2K stories this year, says the date dilemma is "finally" getting an adequate amount of coverage in the financial press, in part because "earnings are dependent on computer systems working." But he also says that for journalists today only the Monica Lewinsky scandal is a story that has a greater number of interesting angles. Even though code writing is hardly the stuff of great videotape, this producer says dimensions of the Y2K story run the gamut from reports on system vulnerabilities to human interest features. So how to choose? Perhaps it's a matter of how big is BIG. One reporter for a major East coast daily newspaper calls Year 2000 "conceivably the story of the century. If everyone does their job and solves it, we may say it was over-hyped. Otherwise, we 're looking at a really interesting couple of months." This journalist is a former computer programmer who says he became aware of the story in 1994. He calls it a "shame" that journalists have been slow to come up to speed on the situation. "If Bob Woodward had been calling Congress and the Administration two years ago," he says, "we would have seen much more work [in the last two years]. It's kind of embarrassing," he says. But not all journalists see a field half-empty. The editor of an online trade publication says she has noticed a real surge in Y2K interest since June. With USA Today and the New York Times telling the general story, publications such as hers have been forced to drill down for more industry specific and niche-focused stories. "If you look into specific areas, there's new news," she says. Of course evaluating what's news is not always easy, she indicates. "You don't know whom to trust," she says, commenting on a seeming groundswell of people now available to offer Y2K expert opinion. She takes a reality check by trying to gain as many op inions as possible. Reality may be too strong for some readers. Seth Ackerman, a media analyst with Fairness and Accuracy in Reporting (FAIR), says media treatment of the Year 2000 story is comparable to the falling stock market story. Noting that FAIR does not track Y2K a s an issue, he says he is still interested personally in how the story is playing out. Ackerman says that like the stock market coverage, Y2K reporting tends to reassure the public. He suggests the media will shy away from stories that scare readers or viewers, whether doing so is a good idea or not. While journalists many say the story has many angles, they are also reluctant to reinvent any wheels. A reporter for a major daily newspaper in the Southwest United States says he was tempted to do a major, multi-part series, similar to that which appear ed in the Washington Post recently. On reflection, however, he decided not to spend a month putting together essentially the same story. Rather, he says, he will take Y2K stories as they come. Those at the top of his agenda include the status of Y2K ov erseas and the "fortressing" of companies against the Y2K non-compliant. Closer to Home Global Summit Gains Speakers Momentum builds for the Global Year 2000 Summit, a gathering of international policy-makers and industrialists aimed at identifying cooperative approaches to the Year 2000 software crisis. The Summit will take place on October 15 and 16, 1998, in London. This "by invitation-only" event will mark the first time major multilateral governmental organizations and multinational business organizations will sit down to exchange views and experiences on the Year 2000. A pair of outstanding keynote speakers will set the tone for Summit discussion. Frances Cairncross, Senior Editor, The Economist and author of The Death of Distance, will describe the "Global Year 2000 Landscape" on Friday morning. At lunch, Roger W. Fe rguson, Jr., Chairman of the Joint Year 2000 Council and U.S. Federal Reserve System Governor, will provide his own unique perspectives on this critical and timely issue. The Summit will feature extremely high caliber speakers in sessions focused on national strategies to the Y2K situation, public and private sector status reports, contingency planning and crisis management, and alternative dispute resolution. Confirmed s peakers include: Ø M.J.L.M. Rens, CIO and Executive Vice President, KLM Ø Ron Balls, Chairman, Year 2000 Task Force, International Telecommunications Union and Year 2000 Networks Compliance Manager, British Telecom Ø Tim Shepheard-Walwyn, UBS AG and Chairman, Global 2000 Coordinating Group Ø Fuad Udemans, Strategic Services Executive, South Africa's National Year 2000 Decision Support Center The Global Year 2000 Summit is being organized by the World Bank, the Joint Year 2000 Coordinating Committee (Bank for International Settlements), the International Chamber of Commerce, the International Telecommunications Users Group, the World Informati on Technology and Services Alliance, Global 2000 Coordinating Committee, and the Organization for Economic Co-Operation and Development (OECD). The Summit will take place at the Stakis Metropole Hotel in London. For more information on attending the Summit, please contact Ms. Zoe Hemming at + 44 171 395 6717 or at zoe.hemming@cssa.co.uk. ITAA*2000 Certification Announced M&I Data Services of Milwaukee, Wisconsin has received ITAA*2000 certification. ITAA*2000 is the industry's century date change certification program. The program examines processes and methods used by companies to perform their Year 2000 software conve rsions. M&I Data Services participated in a rigorous evaluation of its approach to date conversion, with extensive analysis in eleven discrete process areas deemed necessary to a successful Year 2000 conversion. Outlook Declares Its Own Moratorium Year 2000 Outlook goes on a date with Hurricane Danielle and will return September 11. Business to Business Viasoft, Inc., Phoenix, AZ, has entered into a partnership agreement with CompuCom Systems. Under the agreement, CompuCom will be a systems integrator for the OnMark 2000 Y2K desktop solution. NeoMedia Technologies, Inc., Fort Myers, FL, has announced the availability of the WISP Toolkit Release 4.3, an updated version of their Wang-to-UNIX/NT migration suite. The Titan Corporation, San Diego, CA, with Cap Gemini America as a subcontractor, has been awarded a Y2K contract by the State of Wyoming. Novell Inc., Provo, UT, has entered into a partnership agreement with Greenwich Mean Time. ITAA Y2K Information Center Solution Providers Directory http://www.itaa.org/script/2000vend.cfm ITAA*2000 Certification Program http://www.itaa.org/2000cert.htm Outlook Archive http://www.itaa.org/script/get2klet.cfm Legislative and Litigation Table http://www.itaa.org/Y2Klaw.htm Calendar http://www.itaa.org/y2kcal.htm Vendor/User Status Questionnaires http://www.itaa.org/questmain1.htm For more information, please send email to info@y2kplus.com, visit our web site at http://www.y2kplus.com or call Dave Ehlke at 781-863-8111. Copyright ITAA 1998. All rights reserved. The Information Technology Association of America, 1616 N. Fort Myer Drive, Suite 1300, Arlington, VA 22209. Internet: http:\\www.itaa.org