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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: ThirdEye who wrote (11162)	4/23/1998 2:06:00 PM
From: BACRDI	Read Replies (1) \| Respond to of 13949

TAVA announces Master Agreement: PR-TAVA TECHNOLOGIES, INC. ANNOUNCES MASTER CONSULTING AGREEMENT ENGLEWOOD, Colo., April 23 /PRNewswire/ -- TAVA Technologies, Inc. (Nasdaq: TAVA) a leading provider of automation and information technology solutions to industry, today announced that a Y2K client for whom it is currently conducting pilot activity has executed a Master Consulting Agreement for Year 2000 plant services. The Master Consulting Agreement establishes terms and conditions upon which TAVA will make its Plant Y2K One(TM) products and services available to company owned subsidiaries and independent companies involved in the manufacture and distribution of the company's products. The Agreement covers up to 1200 sites. TAVA Technologies is an industry leader in systems integration and information technology solutions, helping clients in the manufacturing and process industries integrate their production processes, applications, hardware and software into seamless manufacturing enterprises. Located in 11 regional offices throughout the U.S., TAVA has a staff of more than 400. 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, Inc. -0- 04/23/98 /CONTACT: John Jenkins, CEO or Doug Kelsall, CFO, both of TAVA Technologies, Inc., 303-771-9794; or Scott Liolios, Pacific Consulting Group, Inc., 714-574-3860/ (TAVA) CO: TAVA Technologies, Inc. ST: Colorado IN: CPR CST SU: