Year 2000 Statement

CEALC Year 2000 Compliance Statement

Regarding the issues relating to the Year 2000 readiness of our software products, please be advised as follows:

All of the latest versions of our GLOP, ESOP, SARP and GLAP products that use digits for determining the year, presently are capable of using four digits for determining the year.

Use of the year in these software products is only limited to the reporting of the time and date of the use of the programs.

Our installation programs are based on InstallShield Software Corporation's InstallShield® program and they may present Year 2000 issues. However we are using InstallShield® program according to the vendor's recommendations to ensure the Year 2000 compliance.

In summary all of our products including their setup procedures will not produce any errors due to the year change on January 1, 2000, provided that all other software and hardware products is going to exchange date information properly with our software programs.