But Wait, There's More . . .

• If you are trying to sort out the latest PTFs for OS/400 and its related systems programs that IBM has released, you need to check out the latest OS/400 PTF Guide, put together by our friends at iSeries business partner DLB Associates. An archive of OS/400 PTF Guides published to date is also available.
  
  

• IBM's iSeries Nation will be hosting an online chat this Thursday about enhancements forthcoming to the iSeries' integrated database with the release of OS/400 V5R2 on August 30. The iNation chat will feature Doug Mack, IBM's DB2 UDB for iSeries product marketing manager, and will cover the DB2/400 improvements in the areas of openness, availability, and usability. To register for the call (which is required), go to www.premconf.com/rsvp or call 800-289-0579 or 719-457-2550. The confirmation code is 367177. The 60-minute event will be held on June 27 and will start at 8 a.m. PT.
  
  
• OS/400 forms and document management software provider Create!form International will begin reselling Windows fax software from Omtool, the companies announced last week. Create!Form offers a range of software modules to provide print, e-mail, fax, and Web-based output options to its namesake forms design and formatting software for OS/400, Windows, and Unix hosts. Now, as one of Omtool's premiere channel partners, Create!Form will add to that list Omtool's Genifax software. Omtool says Genifax was designed to run on Windows 2000 systems and provides secure fax delivery, detailed transaction logs, and multiple fault-tolerant configurations.
  
  
• Beleaguered software vendor Peregrine Systems has announced it will lay off 1,400 employees, or almost half of its workforce, as part of a cost-cutting measure designed to combat the drop in revenue expected as a result of the company's accounting scandal, being investigated by the Securities and Exchange Commission. Last month, San Diego-based Peregrine's chief executive and chief financial officer resigned after the company said as much as $100 million recorded as revenue in fiscal 2001 and 2002 had been called into question by KPMG, the accounting firm hired in April to replace Arthur Anderson as its auditor. In late May, Peregrine terminated its arrangement with KPMG, which has since sent a scathing report about Peregrine to the SEC, and replaced it with another Big Five auditing firm, PricewaterhouseCoopers. Peregrine has also secured a $50 million loan and announced it will sell its supply chain execution software to raise capital.
  
  
• SEAGULL, which sells OS/400 and mainframe legacy rejuvenation software, announced its audited financial results last week for the 13 months that ended April 30. The company had total revenues of $27.7 million, a decrease of $11.5 million, or 29.5 percent, from its fiscal year 2001 results of $39.3. The drop in total revenue was almost entirely due to a 41 percent drop in revenue from software license fees, which totaled $28.7 million in fiscal year 2001, but brought in only $16.9 million for the 2002 fiscal year. SEAGULL, which is headquartered in The Netherlands and publicly traded on the Amsterdam Stock Exchange, reduced its expenses by more than $4 million, to $31.6 million, for fiscal year 2002, but it wasn't enough to keep the company out of the red for the second straight year, after four straight years of profitability. To its credit, SEAGULL began seeing the benefit of its 2001 restructuring plan in the second half of fiscal year 2002, when the company saw cash flow go positive. The company blames its license fee shortfall on the tough IT market, but said that support and maintenance revenues were steady, indicating solid support for its products.
  
  

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