FULL PRODUCT VERSION :
java version "1.3.1_19"
Java(TM) 2 Runtime Environment, Standard Edition (build 1.3.1_19-b03)
Java HotSpot(TM) Client VM (build 1.3.1_19-b03, mixed mode)

ADDITIONAL OS VERSION INFORMATION :
Solaris 10

A DESCRIPTION OF THE PROBLEM :
The new DST rules for North America starting next year still haven't been added to 1.3.1.

STEPS TO FOLLOW TO REPRODUCE THE PROBLEM :
Compile and run the attached code.

EXPECTED VERSUS ACTUAL BEHAVIOR :
EXPECTED -
Mon Mar 12 00:00:00 EDT 2007
ACTUAL -
Mon Mar 12 00:00:00 EST 2007

REPRODUCIBILITY :
This bug can be reproduced always.

---------- BEGIN SOURCE ----------
import java.util.Date;
import java.text.SimpleDateFormat;

public class TestTime {
        public static void main(String[] args) throws Exception {
                System.out.println(new Date());
                SimpleDateFormat format = new SimpleDateFormat("yyyyMMdd");
                Date settlementDate = format.parse("20070312");
                System.out.println(settlementDate);
        }
}
---------- END SOURCE ----------