Understanding the Year 2000 Problem Overview. The so-called Year 2000 or Millennium Problem has been a focus of widespread public concern and media attention. The Year 2000 Problem is the collective term for the many computer malfunctions expected to occur when the calendar flips from 1999 to 2000. Because the first two digits are omitted, many computers will process an incorrect date when the new century arrives. When a hardware or a software application incorrectly reads the Year 2000 date, the result will be miscalculation for all date dependent applications.
Any calculation involving dates can go awry.
Computers may fail to display the correct date, cannot tell which of two dates comes first, misinterpret people s ages, or miscalculate time intervals. These types of mistakes will lead to errors in such things as interest rate calculations, credit card account information, delivery and billing dates, inventory control, and ticket reservations and issuance. Epson SD Products. Many Epson Systems Device products do not even raise a Year 2000 issue. Year 2000 Ready.