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Technology Stocks : Zitel-ZITL What's Happening

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To: Gary S. who wrote (13885)1/28/1998 10:00:00 AM
From: Gary S.  Read Replies (1) of 18263
 
Contract from Wells Fargo

BRC Holdings, Inc. Awarded Year 2000 Renovation Contract With Wells Fargo

DALLAS, Jan. 28 /PRNewswire/ -- BRC Holdings, Inc. (Nasdaq: BRCP) ("BRC") announced today that its Technology Services Division has been awarded a Year 2000 renovation contract with Wells Fargo & Co (NYSE: WFC). The contract includes on-site support plus the use of the MatrDigm factory and the customer site management tool -MICOS. BRC's initial work under the agreement will be with the wholesale group of Wells Fargo.

"We are using these tools to renovate some of our mainframe applications and to provide thorough documentation of the renovation process," said Bill Wood, Senior Vice President of Wells Fargo & Co.

"We're proud that a quality organization such as Wells Fargo has elected to use the BRC and MatriDigm approach. We've invested heavily in creating a service which is focused on speed, completeness and accuracy, and clients are increasingly recognizing the benefits of our commitment," said P.E. Esping, Chairman and Chief Executive Officer of BRC.

BRC is an information technology services company headquartered in Dallas, Texas, which maintains sales and support facilities throughout the United States. BRC's Technology Services Division assists clients in the planning, analysis and implementation of solutions to their individual Year 2000 issues. The Technology Services Division is ITAA*2000 certified. ITAA*2000's program examines processes and methods used by companies to perform their Year 2000 software conversions. For information about BRC and its Technology Services Division, call (800) 800-0945.

The matters discussed herein may include forward-looking statements that involve risks and uncertainties. The Company's actual operating results may differ materially from those discussed in the forward-looking statements. Potential risks and uncertainties include market responses to the Company's year 2000 product and service offering, pricing pressures, results from litigation, the timely development and acceptance of new products and services, risks associated with delivery of the Company's new year 2000 technologies and changes in customer code renovation preferences. Consequently, the actual results realized by the Company could differ materially from the statements made herein. Stockholders of the Company are cautioned not to place undue reliance on the forward-looking statements made herein.

SOURCE BRC Holdings, Inc.

CO: BRC Holdings, Inc.; Wells Fargo & Co.

ST: Texas

IN: CPR

SU: CON
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