Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (44760)	12/14/1999 2:41:00 PM
From: QuietWon	Read Replies (1) \| Respond to of 108040

IFCI -- way undervalued - fibre optics co

To: 2MAR$ who wrote (44760)	12/14/1999 2:42:00 PM
From: $Mogul	Read Replies (2) \| Respond to of 108040

CRYS Has relationship with IBM as well folks!!!!! This was just pointed out to me by noneed..thanks :) Tuesday November 2, 8:59 am Eastern Time Company Press Release IBM Global Services Incorporates Crystal C-Euro Technology IBM Global Services adds advanced Crystal C-Euro Technology to its Euro Conversion Services STUTTGART, Germany and HERZLIYA, Israel--(BUSINESS WIRE)--Nov. 2, 1999--IBM and Crystal Systems Solutions announced today that IBM Global Services - the world's largest IT service provider has chosen to incorporate Crystal's C-Euro Enterprise Solution into its existing ''Euro Transition Service Offering and EuroPath Methodology'. ''IBM will offer this unique euro conversion technology to its customers throughout Europe as an addition to its existing Euro Transition Service offering. C-Euro provides a highly efficient tool and proven approach for the euro conversion challenge,' said Dr. Andreas Erdmann, IBM Euro Global Offering Executive. ''With a wealth of experience from hundreds of euro customer engagements and the conversion of IBM's internal IT systems, we recognize the technical challenge and the critical relationship between the technical and business aspects of euro transition.' ''To meet this challenge, we are incorporating Crystal's C-Euro tool and methodology for converting applications and databases. This way, we will provide our customers with a comprehensive, enterprise-wide euro conversion package that ensures a fast and cost-effective solution. In combination with IBM's EuroPath, the IBM methodology for performing euro projects, and our existing IBM Euro Transition Service Offering portfolio, we now offer our customers an unparalleled combination of expertise and proven conversion tools and techniques. With the limited time left to prepare, companies are seeking an efficient, automated solution for their Euro conversion projects. C-Euro Enterprise Solution is an ideal enrichment of the existing IBM euro offering,' emphasized Dr. Erdmann. ''IBM's choice of Crystal's advanced renovation solution puts us on the track towards global recognition in our conversion tools ' said Shalom Daskal, Chief Operating Officer of Crystal Europe., a wholly owned Crystal subsidiary., ''IBM is an excellent partner for us as it provides highly professional enterprise solutions for euro conversion for the European corporate marketplace' continued Mr. Daskal. ''This partnership will enable us to significantly expand our presence and accessibility to major European corporations and organizations, which is especially important due to the complexity and scope of the implementation of the euro.' About IBM Global Services: IBM (NYSE:IBM - news) Global Services is the world's largest IT service provider, with 1998 revenues of approximately $29 billion. IT Services is the fastest growing part of IBM, with more than 130,000 professionals serving customers in 160 countries. IBM Global Services integrates IBM's broad range of capabilities - services, hardware, software and research - to help companies of all sizes realize the full value of information technology. World Wide Web sites at: www.ibm.com/services and www.ibm.com/euro. About CRYSTAL: Crystal System Solutions (NASDAQ:CRYSF - news) is a member of the Formula Group (NASDAQ:FORTY - news) which is the largest public IT group in Israel. Crystal's technologies enable database conversions, data migration, Euro-Enterprise Solutions, Legacy to Client Server conversions and unique tailor-made software conversions. For more information on Crystal Systems Solutions' products and services, visit the company's World Wide Web site at: www.crystal-sys.com