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October 7, 1987

AUSTEC GETS ITS LARGEST LICENSING CONTRACT FOR AN RM PRODUCT

By CBR Staff Writer

Austec Inc announced the signing of the company’s largest product licensing contract for any product from its recently-acquired Ryan-McFarland Corp. The contract, for RM/Cobol-85 language compilers, valued at around to $1m, was signed with existing customer Hospital Corporation of America of Nashville, Tennessee. According to John Bauer, Hospital Corp assistant vice president of systems development, RM/Cobol-85 was chosen because it has the built-in network capabilities needed to enable any machine on the network to read data from any other machine’s files. So that the doctor can access records directly from the radiology department of the hospital via the network. Hospital Corp is planning to use RM/Cobol to provide a technology base for its network of 25,000 affiliated offices.

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