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Sapiens Awarded Year 2000 Projects Worth
$2.5 Million In Past Month
Business Wire - July 24, 1997 08:16
Mr. Moti Weiss, COO of Sapiens International commented: "We are pleased by
the size and strategic nature of these projects, and our growing success in
the year 2000 marketplace. We have already completed year 2000 conversion
projects for satisfied customers, and are now building on the proven
capabilities of our year 2000 toolkit and consultants."
About Sapiens
Sapiens International (NASDAQ: SPNSF) is a leading provider of
mission-critical business solutions. The Company develops and markets rapid
application development tools and provides consulting and support services
that enable customers worldwide to build, manage and maintain high- quality
business critical solutions in extraordinarily short time frames. The
Company's installed base of more than 300 customers worldwide includes
General Accident Insurance Group, Guardian Royal Exchange, Honda, IBM,
International Paper, the Israeli Air Force, Nissan, Norwich Union, Principal
Financial Group and USAA. Information about Sapiens and its products is
available on the World Wide Web at sapiens.com.
SAPIENS is a registered trademark and ObjectPool, ObjectModeler, ObjectPool
X-Platform, SAPIENS Y2K and FALCON are trademarks of Sapiens International
Corporation N.V. Other brand and product names are trademarks and/or
registered trademarks of their respective holders. Brand and product names
are mentioned herein for reference purposes only.
Except for historical information contained herein, the matters set forth in
this release are forward-looking statements that are dependent on certain
risks and uncertainties, including such factors, among others, as market
acceptance, market demand, pricing, changing regulatory environment,
changing economic conditions, risks in new product and service development,
the effect of the company's accounting policies and other risk factors
detailed in the Company's SEC filings.
CONTACT: Steve Kronengold John W. Heilshorn, Jr.
Sapiens International Lippert/Heilshorn & Associates
Tel: +1-888-710-2600 Tel: (212) 838-3777
E-mail: E-mail:
steve.k@sapiens.com john@lhai.com
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