We completed an operating system upgrade in the third quarter of 1998 and to the extent that we can reasonably verify, Wilmington Shipping Company s system applications are fully compliant. Universe database software. Universe converts all date fields into an indexed system internal date that satisfies all Year 2000 date issues, including leap year. Structured testing of this system was completed in March of 1999 and no problems were found.
Additional testing is planned for later in the year.
Wilmington Shipping Company takes the Year 2000 matter very seriously. Thus, we have been proactive in ensuring that the millennium change will in no way compromise our commitment to providing you, our valued customer, with world class service. Indeed, while we have taken all reasonable steps internally to ensure that there is no adverse impact to the services we provide our customers prior to, during, or beyond the Year 2000, it is conceivable that operations could be affected, by the problems of others. Therefore, we are currently in the final stages of contacting all key vendors to ascertain the status of their Year 2000 compliance. In fact, the vast majority of our vendors have already sent positive responses to our inquiries, indicating that they have taken Y2K issues very seriously and expect to attain full compliance.