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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: $Mogul who wrote (56234)1/4/2000 1:13:00 PM
From: 2MAR$  Read Replies (2) of 108040
 
(CRYS) Crystal to Incorporate Level 8 Products for eBusiness

CARY, N.C., Jan 4, 2000 (BUSINESS WIRE) -- Level 8 Systems, Inc.
(Nasdaq: LVEL), a premier global provider of rapid business integration
solutions that enable eBusiness and eCommerce, today announced that
Crystal Systems Solutions (Nasdaq: CRYS) has signed an agreement to
incorporate Level 8 products in Crystal's eBusiness projects worldwide.

Under the non-exclusive agreement, Crystal will incorporate Level 8's
Geneva Integrator and Geneva Message Queuing products as part of its
software renovation projects. Crystal will use Level 8's products for
the accelerated delivery of eBusiness and eCommerce solutions.

"I am very pleased to have Crystal as a partner of Level 8's," said
Arik Kilman, chairman & CEO of Level 8. "Crystal has extensive
experience and an excellent reputation in delivering renovation
solutions for Fortune 1000 enterprises. We see a growing demand for
eBusiness and eCommerce solutions within these organizations and a
requirement for technologies to enable such solutions for legacy
systems. Level 8's ability to accelerate eBusiness and eCommerce
projects, combined with Crystal's experienced staff and market
presence, will significantly expedite the adoption of Level 8's
products in the global IT marketplace."

"With Level 8's industry leading EAI (enterprise application
integration) products in our portfolio, Crystal expands its
technological offering to enable eBusiness and eCommerce solutions for
legacy systems," said Gad Goldstein, Crystal's chairman of the board.
"We are impressed with the broad capabilities of Level 8's products,
and have established an excellent working relationship with them. With
our renovation expertise, multi-platform systems integration skills and
proven methodology, combined with Level 8's products for EAI, Crystal
will be in a strong position to deliver eBusiness and eCommerce
solutions to our customers."

About Crystal Systems Solutions Established in 1987, Crystal Systems
Solutions Ltd. (Nasdaq: CRYS) provides software renovation solutions,
based on its proprietary technology, for complex conversion and
migration projects. Crystal has built its conversion expertise through
the successful completion of projects for many prestigious Fortune 500
companies, thus establishing its competency and achieving global
recognition and presence.

The Crystal renovation methodology consists of several phases,
including assessment, conversion and testing. This methodology allows
for tailor-made adjustments to the automated process, based on client
requests, thus providing cost-effective, customized solutions.

Crystal's renovation solutions include platform and database
migrations, IT mergers and acquisitions, and language upgrades. These
solutions are available for mainframe, midrange and client/server
computing platforms.

Crystal Systems Solutions is a member of the Formula Group (Nadaq:
FORTY) which is the largest public IT group in Israel.

About Level 8 Systems Level 8 Systems (Nasdaq: LVEL) (
level8.com ) is a premier global provider of rapid business
integration solutions that enable eBusiness and eCommerce through a
combination of advanced software products and enabling consulting
services. The Company's products include Geneva Integrator, Geneva
Message Queuing, Geneva IPC, Geneva MonitorMQ, Geneva AppBuilder,
Enterprise Integration Template and Business Process Template.

Level 8 has more than 700 customers and over 500 employees worldwide
with corporate headquarters in Cary, North Carolina, and offices in the
US, UK, Germany, Denmark, France, Italy and Australia.

Level 8, Level 8 Systems, Geneva, Geneva Integrator, Geneva Message
Queuing, Geneva IPC, Geneva MonitorMQ, Geneva AppBuilder, Enterprise
Integration Template and Business Process Template are trademarks of
Level 8 Systems, Inc. All other company and product names are for
identification purposes only and are the property of, and may be
trademarks of, their respective owners.



Copyright (C) 2000 Business Wire. All rights reserved.



Distributed via COMTEX.
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CONTACT: Level 8, Cary
Erika Layko, 919/319-2365
elayko@level8.com
In Europe: Vanessa Harding, 44 01 181 755 1556
vharding@level8.com
or
Brodeur A Plus
Cassandra Harris, 44 01 753 790 700
charris@brodeuraplus.com
or
Wall Street Investor Relations Corp.
Joe Zappulla, 301/948-3430
joez@wallstreetir.com

WEB PAGE: businesswire.com

GEOGRAPHY: NORTH CAROLINA

INDUSTRY CODE: INTERNET
E-COMMERCE
SOFTWARE
COMPUTERS/ELECTRONICS
MARKETING
AGREEMENTS

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