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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Richard S. Schoenstadt who wrote (12057)3/2/1998 8:02:00 AM
From: STLMD  Read Replies (1) of 31646
 
Richard, to follow up on John M's previous post, EPRI is a clearinghouse and collaborator with the electric utility businesses in this country. In addition, TAVA has been one of the few presenters at the two EPRI sponsored conferences, one in Sept last year and the other end of Jan 98 in Atlanta. This most recent conference was dedicated to the embedded systems problem. To quote Jenkins from the CC last month:

We announced around the annual meeting the formation of this joint venture with RW Beck to address the utility market. And the last press release indicated we were presenting at this electrical power research institute meeting on embedded systems. That was two weeks ago.

As a direct result of that, we are now in negotiation with three large utilities about taking on their compliance issues. One of these has a- the day after our meeting in Atlanta corralled 40 of their operating unit managers into a presentation, and we are back there today actually helping them define the scope of the work so that we can give them a formal proposal.

In addition, EPRI in their y2k pages states emphatically that they are not a solutions provider for companies:

Because every company will find unique problems - and each company may find that the solutions adopted by others are not the most cost-effective for it - the EPRI program will neither develop nor certify industry-wide solutions, or will it provide company-specific solutions. Instead, the EPRI program is designed to inform and complement efforts carried out by participants.

TAVA is closely working with RW Beck and also allied with the EPRI.
It wouldn't surprise me if the compliance database that EPRI has is the TAVA Utility y2k One CD. That could explain the steep $75000 fee for joining EPRI. Just a thought. Hope this helps Richard. Stephen
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