You may have to play with dillutions and times to make this sort of film work, but I'm sure its doable.
If you find that the stuff lacks contrast you may want to use two different developers back to back (like, for example, Rodinal 1:100 for a couple of minutes, then a water bath, then something like Dektol for another 5) to work with it. I first read about this sort of processing in the formulae section of APUG (see an entry by Dr5), and I've processed some extremely flat negs with a couple of minutes in Rodinal and a few minutes in ID-78 (my paper developer). The resulting neg had a much better contrast range than just Rodinal (not enough contrast) or just ID-78 (not enough shadow detail). Mixing soups really seems to work.
However, my brief experience with very, very contrasty film was most successfull with 510-Pyro, to which fellow APUGer Jdef introduced me. Simply dillute the stuff 1:500 and develop for 20 minutes with minimal agitation (twice, maybe 3 times).
I'd say that you should spool a few frames of the stuff, shoot it, develop it, and adjust as you need. Your E.I. will most likely fall in the 3 to 25 range, I'd guess (in all my ignorance).
BTW, I've read of direct to positive films, so this one you have may be one. Just soup and fix, and bam! Transparencies...