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DATA DIMENSIONS SIGNS LONG-TERM CONTRACT WITH MERCKÿ&ÿCO. TO PROVIDE YEARÿ2000 CONSULTING SERVICES
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Bellevue, WA, January 23, 1998 - Data Dimensions Inc. (NASDAQ: DDIM), said today it signed a long-term contract with Merck & Co. (NYSE: MRK) to perform millennium consulting services for the international pharmaceutical company. The $5 million contract, which extends through mid-2000, includes provisions for increasing services beyond the initial commitment level.
As part of Merck's approach to addressing the Year 2000 challenge, Data Dimensions has been providing consulting and remediation services to Merck since 1996. Working together, Merck and Data Dimensions have already completed assessments of Merck's mainframe applications and client/server applications for the domestic marketing and research divisions. Some applications have already been remediated and/or undergone testing.
Under the contract, Data Dimensions will provide a full range of millennium consulting services to Merck's Year 2000 program.
As part of the services, Data Dimensions will utilize its Ardes 2k CD-ROM and Internet product. Through its off-shore facilities in Galway, Ireland, Data Dimensions will provide code-remediation services for Merck's U.S.-based information technology systems.
"We are pleased that a global leader like Merck values the depth of knowledge and experience that Data Dimensions brings to this critical issue," said Larry Martin, Data Dimensions president and chief executive officer. "Data Dimensions looks forward to helping Merck achieve a smooth transition into the Year 2000."
Merck & Co., Inc., is a leading research-driven pharmaceutical products and services company. Merck discovers, develops, manufactures, and markets a broad range of innovative products to improve human and animal health. Merck-Medco Managed Care manages pharmacy benefits for employers, insurers, and other plan sponsors, encouraging the appropriate use of medicines and providing health management programs. Through these complementary capabilities, Merck works to improve the quality of life and contain overall health-care costs.
Data Dimensions, based in Bellevue, Washington, specializes in developing processes and technologies to help businesses and government agencies manage enterprise-wide technology system changes. Since 1991, it has focused on assisting major organizations plan and execute programs for resolving the Year 2000 technology problem. The company provides consulting services to over 45 of the Fortune 500 companies as well as licensing its procedures to 22 licensees and resellers operating in more than 50 countries worldwide.
In April, Data Dimensions introduced Ardes 2k, which combines the power of a CD-ROM and the Internet to help companies manage enterprise-wide information system changes using in-house staff.
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"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements may be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including uncertainties in the market, pricing, competition, procurement and manufacturing efficiencies, and other risks detailed from time to time in the company's SEC reports. The company assumes no obligation to update the information in this release.
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For Further Information, Contact: Gordon Gardiner
Data Dimensions, Inc.
800-708-0675 or 425-688-1000 or Richard Stern
Stern & Co.
(212) 888-0044
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