What is the goal of FedEx?
The FedEx goal has been to have its business critical Non-IT Systems (purchased hardware, software, customized software applications, facilities/equipment and other embedded chip systems) compliant by May 31, 1999 and its IT Systems (infrastructure and application software) by September 1, 1999. As of May 31, 1999, FedEx’s compliance efforts for all business critical Non-IT Systems is 98% complete and FedEx is 99% complete with the remediation effort of business critical IT Systems. The remaining compliance efforts for Non-IT Systems are being actively addressed for completion well before the millennium. The remaining areas of Non-IT Systems being addressed have minimal customer impact and FedEx has contingency plans in place to help mitigate any negative impact of the non-compliance of such systems. All development and implementation relating to the Company’s Non-IT systems scheduled before May 31, 1999 continue to be monitored. As stated in the Company’s latest 10Q, it was believed c
