The United States Postal Service Selects TAVA toSupport Embedded System Y2K Readiness
ENGLEWOOD, Colo., Feb. 23 /PRNewswire/ -- TAVA Technologies (Nasdaq: TAVA) a leading provider of automation and information technology solutions to industry, announced that it has been selected by the United States Postal Service to support its year 2000 compliance program. TAVA will supply its PlantY2kOne(TM) product to help address the embedded system readiness in Postal Service facilities.
John Jenkins, TAVA Technologies CEO said, "The US Postal Service award speaks to the power of the TAVA year 2000 product in application across a large, multi-site organization. As currently structured, the engagement includes use of TAVA's tools in approximately 200 major sites across the 11 USPS Areas, and use of TAVA's compliance database to support IV&V (independent validation and verification) on several thousand USPS inventory items. We are certainly pleased to be an integral part of the USPS program."
TAVA (www.tavatech.com) provides factory automation, control systems integration and other IT solutions helping clients in manufacturing and process industries integrate their processes, applications, hardware and software into seamless manufacturing enterprises. Located in 15 regional offices throughout the U.S., TAVA has a staff of more than 600.
Statements made in this Press Release that are not historical or current facts are "forward looking statements" made pursuant to the safe harbor provisions of federal securities laws. Forward-looking statements represent management's best judgment as to what may occur in the future, but are subject to certain risks and uncertainties that could cause actual results and events to differ materially from those presently anticipated or projected. Such factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, failure to integrate operations of recently acquired subsidiaries and failure to capitalize upon access of new clientele. Specific risks and uncertainties which may affect forward-looking statements about the Company's Plant Y2K One(TM) business and prospects include the possibility that a competitor will develop a more comprehensive or less expensive Y2K solution, and delays in market awareness of Tava and its product and service solutions. These factors and others are discussed in the "Management's Discussion and Analysis" section of the Company's Annual Report on Form 10-KSB for the fiscal year ended June 30, 1997, to which reference should be made.
SOURCE TAVA Technologies
CO: TAVA Technologies; United States Postal Service
ST: Colorado
IN: CPR
SU:
02/23/99 12:16 EST prnewswire.com |
