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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: RAVEL who wrote (20742)	7/16/1998 2:39:00 PM
From: Rob L.	Read Replies (1) of 31646

Excerpt from Tava's last earnings press release: "As a result of the Y2K driven exposure at new clients, the company is being directed to new core business opportunities." Jenkins added that more than 40 of the company senior management had just completed a five day meeting that concluded our Fiscal 1999 planning process and developed the specific tactics required to support the company's post year 2000 strategies. As a major step in that direction the company announced that is has formed a Consulting Division to be led by Tom Bruhn. Bruhn has joined TAVA from Raytheon Automated Systems where he last served as Director of Business Development and was heavily involved in the senior management of Raytheon's Y2K activity. This Consulting Division will work with clients at the executive level and provide the strategic manufacturing information technology plans required to integrate their ERP and supply chain management systems with process information systems. This provides some proof that they are leveraging their y2k business into increased core business post y2k.

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