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Technology Stocks : IMRS A Y2K FIRM SUCCESSFULLY REPOSITIONING ITSELF

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To: gerald tseng who wrote (181)3/21/2000 9:36:00 PM
From: Byron Angel   of 188
 
Tuesday March 21, 11:51 am Eastern Time

Company Press Release

IMRglobal Awarded Series of Multi-Million Dollar Multi-Year Contracts

CLEARWATER, Fla.--(BUSINESS WIRE)--March 21, 2000--IMRglobal Corp. (``IMRglobal') (Nasdaq:IMRS - news), a leading global provider of e-business and information technology solutions, announced today that it has been awarded a series of contracts by a world leader in automobile equipment manufacturing. The contracts are for projects which have a multi-million dollar value and range from one to three years. They deal with the customer's e-business initiatives, as well as application maintenance covering legacy systems and interfacing Oracle financials with its existing systems and report writing capabilities. IMRglobal will be assisting in the design of unique e-commerce sites which leverage its existing delivery infrastructure. The customer has been contracting for IT services from IMRglobal for a number of years.

``These new contracts with such a longstanding customer are an excellent example of the breadth of services with which we are able to satisfy our customers' needs for total end-to-end business solutions,' said Satish K. Sanan, Chairman and CEO of IMRglobal. ``They also demonstrate our ability to leverage the strength of our reputation with existing customers into new service offerings and validate our corporate strategy to go deeper on all of our existing traditional service accounts. Having both significant e-business and traditional service aspects, these projects underscore our particular expertise in designing and implementing front-end solutions which are well-integrated with our customers' existing IT systems.'

About IMRglobal Corp.

IMRglobal is a leading global provider of e-business and information technology solutions to Fortune 500 and Global 2000 companies in key vertical industries. Those industries include insurance, capital markets, healthcare, utilities, retail & distribution, manufacturing and media & communications. IMRglobal's services include business consulting, e-business, software development, application management and professional services. For more information on IMRglobal, visit www.imrglobal.com.

IMRglobal Corp., Clearwater
Tim Klahs, VP Investor Relations
727/467-8163
e-mail: tklahs@imrglobal.com
or
At the Financial Relations Board:
Julie Creed, Partner
312/640-6724
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