TO ALL TM AND EVERYONE NEWssssss!!!!!!!!!!
Bristol-Meyers Squibb Company Engages Topro, Inc. in Worldwide Year 2000 Project
PR Newswire - December 19, 1997 09:25
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DENVER, Dec. 19 /PRNewswire/ -- Topro, Inc., d.b.a. TAVA Technologies,
Inc., (Nasdaq: TPRO) a leading provider of automation and information
technology solutions to industry, today announced that it has signed an
agreement with Bristol-Meyers Squibb Company (NYSE: BMY) to provide Year 2000
tools and compliance support for all Non-Information Technology systems at
approximately 125 sites worldwide.
The initial stage of services is a pilot plant project at the Bristol-
Meyers Squibb multi-building facility in New Brunswick, NJ. The pilot plant
project has begun and is scheduled for completion by February of 1998.
The intent of Bristol-Meyers Squibb is to roll-out the worldwide program,
covering all sites, shortly thereafter. The worldwide roll-out is already in
the planning stage. The engagement program includes TAVA's Plant Y2K One(TM)
CD-ROM based tools, database access and Millennium services.
"We are pleased to have this opportunity to work with Bristol-Meyers
Squibb. We believe that their approach to Year 2000 compliance, which contains
a strong element of self-execution supported by the Plant Y2K One(TM) tools,
is a great way to move quickly through the critical assessment stage," said
John Jenkins, CEO of Topro, Inc.
James Ham, vice-president, Information Management at Bristol-Meyers Squibb
stated, "We believe we are a leader in addressing year 2000 compliance
throughout our organization. Our relationship with TAVA is an important step
in addressing our Non-Information Technology systems around the world."
Jenkins noted, "Our order and proposal activity for Y2K products and
services continues to grow rapidly. In addition, our base business remains
strong. Total new orders in the company's first half are forecast to exceed
$28 million. We are recruiting, hiring and training staff in all offices on
an accelerated basis to support current and forecast demand."
Jenkins also noted that the company had completed a 20,000 unit production
run of its Plant Y2K One(TM) CD-ROM on November 20th and has a third run
planned for January.
TAVA (www.tavatech.com) provides factory automation and control systems
integration helping clients in the manufacturing process industries integrate
their processes, applications, hardware and software into seamless
manufacturing enterprises, featuring their Plant Y2K One(TM) CD-ROM which was
released on October 15, 1997. Located in 10 regional offices throughout the
U.S., TAVA has a staff more than 350.
Statements made in this Press Release that are not historical or current
facts are "forward looking statements" made pursuant to the safe harbor
provisions of federal securities laws. Forward-looking statements represent
management's best judgment as to what may occur in the future, but are subject
to certain risks and uncertainties that could cause actual results and events
to differ materially from those presently anticipated or projected. Such
factors include adverse economic conditions, entry of new and stronger
competitors, inadequate capital, unexpected costs, failure to integrate
operations of recently acquired subsidiaries and failure to capitalize upon
access of new clientele. Specific risks and uncertainties which may affect
forward-looking statements about the Company's Plant Y2K One(TM) business and
prospects include the possibility that a competitor will develop a more
comprehensive or less expensive Y2K solution, and delays in market awareness
of Topro and its product and service solutions. These factors and others are
discussed in the "Management's Discussion and Analysis" section of the
Company's Annual Report on Form 1O-KSB for the fiscal year ended June 30,
1997, to which reference should be made.
SOURCE Topro, Inc.
/CONTACT: John Jenkins, 303-935-1221, of Topro, Inc.; or Scott Liolios,
714-574-3860, of Pacific Consulting Group, Inc./
(TPRO BMY)
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