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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: Jim Malone who wrote ()4/11/2000 12:33:00 PM
From: bob zagorin  Read Replies (1) of 3067
 
Ross Systems Announces New Agreements In Spain

ATLANTA, April 11 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq: ROSS) a leading supplier of Enterprise Systems, today announced three new agreements in Spain. Marketing communications company, MCI SystemsProm, a McCann Erickson Company, licensed Ross' iRenaissance(R) Financial, Distribution and Production Applications for its operations in Madrid. McCann Erickson is a worldwide leader in advertising, public relations and other media communications.

Rotecna S.A. licensed Ross' iRenaissance Enterprise Solutions. Rotecna is located in Lerida, Spain, and supplies products and materials for the pork production industry.

Also, the Miquel Alimentacio Grup, SA licensed Ross' iRenaissance Financial System. The Miquel Almentacio Grup is a distribution company encompassing self-service wholesale stores, super discount stores and supermarkets, both wholly owned and under franchise. They maintain an import department and carry their own brand-named goods. With revenues of nearly $600 million and over 2,300 employees, they are among the ten most prominent retailers in Spain.
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