Investment Opportunities - January 2000



Well, we managed to find a company ready to exploit the century date-change phenomenon, (aka. Y2K, MILLENNIUM BUG) but not in quite the way you'd imagine!

As organizations begin consulting their lawyers to see if they can recoup any of the money spent on remediation from parasitic software consultants, engineers and vendors, Warwick-based company CHRONOTECH LTD is putting itself forward as technical consultants and advisers for such cases.

Their proposition is simple - they will unpick the changes made by the y2k-remediation efforts, restore the old code, the old kit, set years back to 2 digits throughout the databases, re-install noncompliant packages - then monitor the resulting system very closely to detect and assess any symptoms in the unlikely event of any y2k-related problems - to help make the case that the so-called Millennium Bug was a fiction and was never likely to affect that organization anyway.

They guarantee their fees will not exceed any likely compensation settlements, or awards due to litigation. However they do require payment of the majority of their fees prior to starting work.