Wakefield Engineering is committed to supporting the Year 2000 problem and is investing in both personnel and time to ensure that we become fully compliant with the issues by July 1, 1999. An extensive review is currently underway to determine what affect, if any, the turn of the century will reveal on our business environment. The scope, methodology, testing results and current program status will be detailed in this report. Our initial investigation has determined that the Year 2000 problem will not directly affect any products that are currently manufactured and sold by Wakefield Engineering.
All products are passive heat dissipation units with no programmed intelligence.
Therefore, the effects of this problem will be related to our business systems and external vendor support. Our internal business system is PC-based. Therefore, we are not subject to the lager computer or mainframe computer problems typically associated with the Y2K problems. No value for current date will cause any interruption in operation. In all interfaces and data storage, the century in any date must be specified either explicitly or by unambiguous algorithms or interfacing rules.