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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (12389)3/9/1998 10:28:00 AM
From: Sandra Simon  Respond to of 31646
 
Just read this. Didn't see it last week.

March 5, 1998/FOOLWIRE/ -- TAVA Technologies (Nasdaq: TAVA), formerly known as Topro Inc., jumped $13/16 to $9 1/16 after Coca-Cola (NYSE:KO) selected the firm to help some of its facilities become Year 2000 compliant. The company will use its Plant Y2K One product to complete the inventory and assessment phase of a pilot project covering 10 Coke facilities in 6 countries. The deal is a good indication of just how quickly this particular segment of its business is growing, the company said. Its Y2K product, a CD-ROM for factory automation and process control systems, is currently being used at over 400 sites by 60 clients in 14 countries. All of the current Y2K work is pilot stage or extended inventory assessments, but if its problem-solvers can deliver the goods on these initial programs, TAVA is hoping its clients will pass along their much larger (and potentially more lucrative) full-scale remediation programs later.