Alchemy Solutions Announces Early Availability of NeoServices Solution for Leveraging, Modernizing IT Infrastructure

Windows-based System Service-enables Legacy Applications Before, During, and
After Migration from the Mainframe

BEND, Ore.--(Business Wire)--
Alchemy Solutions, Inc. (www.alchemysolutions.com), provider of legacy
modernization solutions, today announced early availability of NeoServices, a
Windows-based system for service-enabling mainframe business logic to derive
more value before, during, and after migration.

As companies continue to seek ways to rein-in the cost of managing and running
mainframe-based legacy systems, they are increasingly adapting these systems for
the Windows environment. Alchemy Solutions` market-leading software preserves
and extends customers` investments in their legacy mainframe systems by enabling
them to be modernized as they are migrated by leveraging the power of .NET.

NeoServices is the newest member of the Alchemy Solutions family of
modernize-as-you-migrate solutions giving enterprises the ability to
service-enable existing mainframe and NeoKicks-based business logic with no code
changes. These services enable a company`s proven mainframe assets to be
leveraged in new initiatives like new portals, CRM and ERP applications, or new
application development.

Since NeoServices supports the creation of Web services from both mainframe and
NeoKicks-based application logic, organizations have the ability to derive
immediate value before, during, and after migration.

"At Alchemy Solutions we empower organizations` move into the future by
providing modernize-as-you-migrate solutions," said Ron Langer, vice president
of sales for Alchemy Solutions. "NeoServices adds fast, intuitive service
enablement to the modernization options we provide, increasing value by giving
our customers the ability to start modernization even before they perform the
migration."

Earlier this year, Alchemy announced that it had attained Gold Certified Partner
status in the Microsoft Partner Program, with a competency in ISV/Software
Solutions. As a Gold Certified Partner, Alchemy has demonstrated expertise with
Microsoft technologies and a proven ability to meet customers` needs. Microsoft
Gold Certified Partners receive a rich set of benefits, including access,
training and support, giving them a competitive advantage in the channel.

Alchemy NeoServices is currently rolling out to early adopters, and will be
generally available in the third quarter of 2009.

About Alchemy

Alchemy Solutions (www.alchemysolutions.com) is a leading provider of technology
solutions that help organizations integrate legacy applications with the latest
Microsoft Windows technologies, including Visual Studio and the .NET Framework.
The company`s technology enables significant cost savings by moving applications
and data from expensive mainframe platforms to cost-effective Windows
environments. The Alchemy Solutions suite includes NeoKicks, NeoBatch, NeoSort
and NeoData enabling the modernization of mission critical CICS and batch
applications within the Microsoft .NET environment. Additionally, Alchemy
Solutions, and its worldwide network of partners, distribute the Fujitsu
NetCOBOL family of runtime-free COBOL compilers outside of Japan. Alchemy
Solutions, Inc. is a privately held corporation with headquarters in Bend,
Oregon. The company resulted from the 2008 acquisition of the Legacy
Modernization Group of Fujitsu Computer Systems.

Fujitsu and NetCOBOL are registered trademarks of Fujitsu Ltd. in the United
States and other countries. Alchemy Solutions, NeoKicks, NeoBatch, NeoSort and
NeoData are trademarks or registered trademarks of Alchemy Solutions, Inc. in
the United States and other countries.

Rivercalm
Jenny Swift, 917-210-8064
swift@rivercalm.com

Copyright Business Wire 2009