To: Joe Copia who wrote (7644 ) 4/16/1998 2:19:00 PM From: Ie Coan Bie Read Replies (1) | Respond to of 34592
Fresh news : ITSY Contract with AT&T for $343,075 Innovative Tech Systems, Inc. (Nasdaq) Announces Contract with AT&T for $343,075 Innovative Tech Systems, Inc. (Nasdaq) Announces Contract with AT&T for $343,075 PR Newswire - April 16, 1998 14:09 ITSY T %FIN %RLT %CPR %CON V%PRN P%PRN AT&T to Manage 40 Million Square Feet of Facilities with Innovative Tech's SPAN-FM(TM) Facilities Management Software WARMINSTER, Pa., April 16 /PRNewswire/ -- INNOVATIVE TECH SYSTEMS, INC. (Nasdaq: ITSY), developer of the award-winning SPAN-FM(TM) Integrated Facilities & Technology Management Software and Data Collection Systems, today announced a $343,075 contract for software and services with AT&T (NYSE: T). AT&T's Global Real Estate Business Unit will use Innovative Tech's core SPAN-FM software solutions to manage the space chargebacks of 40 million square feet of leased and owned administrative space worldwide. AT&T selected SPAN-FM solutions due, in part, to the software's open architecture design. This allows SPAN-FM products to be integrated with many databases, including ORACLE(R) and Sybase(R) System 11(R) both used by AT&T. Also, SPAN-FM's CAD integrator application allows AT&T to continue using both Autodesk's AutoCAD(R) and Bentley's MicroStation(R) Computer-Aided Design (CAD) programs. In addition, SPAN-FM Web Server will be used to provide Internet access, via a major Web browser, to certain SPAN-FM applications. SPAN-FM EIS (Executive Information System) will give AT&T users a "universal" view of information regarding their complete enterprise, or, using queries and "drill-down" features, to extract specific details on many levels. All SPAN-FM brand products are Year 2000 Compliant. "This contract speaks to the growing demand for SPAN-FM products, which provide enterprise solutions that enable organizations to build on their existing core business systems," said Innovative President and COO John M. Thompson. Innovative Tech Systems, Inc., of Warminster, PA, is the developer of the award-winning SPAN-FM Facility & Technology Management Software and Remote Data Collection Systems, the most comprehensive integrated Facilities Automation solutions available. For more information, call toll-free 1-888-SPANFM1 (772-6361), e-mail sales@spanfm.com or visit www.spanfm.com. Except for historical matters contained herein, the matters discussed in the press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, including without limitation, the timely development and acceptance of new products, the impact of competitive products and pricing, markets demands, and the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-Q for the quarter ended October 31, 1997 which may cause Innovative Tech Systems, Inc.'s business, prospects and actual results to differ materially from these forward-looking statements. SPAN-FM INSPECTION MANAGER, FIREPROOF and TOURWATCH are trademarks of Innovative Tech Systems, Inc. All other trademarks are property of their respective owners. (R) indicates registration in the United States. SOURCE Innovative Tech Systems, Inc. /CONTACT: Hugo J. Affannato, Vice President of Innovative Tech Systems, 215-441-5600/ /Web site: spanfm.com (ITSY T) Abi