TAVA TECHNOLOGIES is the only public company that cuts significant time off the most bedeviling aspect of the Year 2000 problem. Millions of embedded microchips control the world's factory production lines, and every chip mist be individually checked for "Year 2000" dependency. Failure to find even one date-dependent chip can shut down an entire factory. Even worse, the factory might go on producing, but turn out millions of dollars of flawed product.
While technicians must still roam factory floor to ferret out the exact serial number of each embedded chip in literally millions of often obscured locations, TAVA's database cuts enormous time off determining which chips must be replaced. There are about 70,000 US Factories that could use TAVA's database-CD. The average site assessment will bring $80,000 of high-margin revenue into TAVA's treasury. After the assessment, TAVA's 450 engineers go in to do the remediation work, at much higher prices. Bristol-Meyers Squibb has engaged TAVA to remediate BMY's 128 factories worldwide. So has Boise Cascade and Polaroid. Coca-Cola has also contracted TAVA's services, as has GM, Cargill, The US Mint, the County of Los Angeles, Boeing, Merck-Dupont and a host of others. In fact TAVA booked $25,000,000 in orders in its fiscal 4th quarter, concluded 6/30/98.
TAVA is set for revenues to soar in 2nd half, 1998, and to book remediation business well into the 21st Century. But TAVA is much more than a Y2K company. As the only national independent systems integrator, TAVA is focused firmly on the post-Y2K orders that the Year 2000 crisis is opening up to its base business, which is improving production in automated factories. The gap in information flow between the factory floor and the front office is one of the emerging frontiers of the computer revolution in manufacturing. TAVA is using the Y2K-makeover being forced on its Blue Chip clients as an opportunity to demonstrate TAVA's ability to close the front office/factory floor information gap. With direct access to senior managers at the nation's manufacturing giants, TAVA is firmly focused on becoming the systems integrator of choice for Fortune 100 companies.
Reprinted from: Brennan Research Forum, Inc. Fort Lauderdale, Florida |
