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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: bob zagorin who wrote (2786)6/15/1999 9:09:00 AM
From: bob zagorin  Read Replies (2) of 3067
 
Ross Systems Announces New GEMBASE Agreements

ATLANTA, June 15 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq: ROSS), a leading supplier of Enterprise Systems, announced today a number of agreements for its GEMBASE(TM) rapid application development system. Electric Lightwave, Inc. expanded its agreement for GEMBASE. Electric Lightwave is the leading integrated communications provider of enhanced data services, frame relay, ATM and Internet access solutions to bandwidth intensive businesses and the growing e-commerce market. The company offers long distance, data and prepaid services nationwide. As a full-service provider, the company offers local, long distance, videoconferencing and high-speed broadband transport via an expanding fiber optic network that interconnects major markets in the West. Electric Lightwave is headquartered in Vancouver, Washington.

Ross also received a number of new and expanded agreements for GEMBASE through its telecommunications distribution partner, Kingston-SCL. These agreements included Eircell in Ireland, France Telecom Mobiles, Globtel in Slovakia, Globalstar in South Africa and Ben in The Netherlands.

In addition, the Lower Valley Power & Light Company in Afton, Wyoming expanded its agreement for Ross GEMBASE.

Ross Systems, Inc. is a leading provider of enterprise software solutions for the process manufacturing, healthcare, and public sector markets. Ross Systems solutions are differentiated by their strong fit to specific industries, their strong product functionality and integration, and the firm's ability to produce rapid results and ROI for its mid-market clients. The flagship product, Renaissance(R), comprises a broad range of applications including financials, manufacturing, supply chain management, maintenance management, transportation management, materials management, and human resources/payroll. More than 3200 companies around the world use Renaissance in open systems environments including NT and UNIX. Ross Systems employs over 650 professionals in more than 60 offices around the world to serve its customers. Ross Systems, Inc., Two Concourse Parkway, Suite 800, Atlanta, Georgia 30328, 770-351-9600, 1-877-ROSS-INC, www.rossinc.com .

Renaissance is a registered trademark and GEMBASE is a trademark of Ross Systems, Inc. Microsoft, Microsoft Windows NT, Windows, and Windows NT are either registered trademarks of Microsoft Corp. in the United States and/or other countries. Solaris is a trademark of Sun Microsystems, Inc. All other trademarks are the property of their respective holders.

SOURCE Ross Systems, Inc.

CO: Ross Systems, Inc.; Electric Lightwave, Inc.; Kingston-SCL; Eircell; France Telecom Mobiles; Globtel; Globalstar; Ben; Lower Valley Power & Light Company

ST: Georgia, Washington, Ireland, France, Slovakia, South Africa, Netherlands, Wyoming

IN: CPR MLM TLS

SU: CON

06/15/99 09:01 EDT prnewswire.com
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