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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (18740)6/24/1998 4:41:00 PM
From: James Strauss  Read Replies (1) | Respond to of 79309
 
TAVA Wins L.A. Contract...

Wednesday June 24, 3:10 pm Eastern Time

Company Press Release

SOURCE: TAVA Technologies

TAVA Technologies Selected as Y2K Services
Vendor by the County of Los Angeles

ENGLEWOOD, Colo., June 24 /PRNewswire/ -- TAVA Technologies (Nasdaq: TAVA -
news) a global supplier of integrated manufacturing systems, announced that it
has been contracted by the County of Los Angeles to perform a year 2000 pilot
program. The program will consist of an audit and assessment of building
management embedded systems complete with recommendations for follow on
remeadiation services.

John Jenkins TAVA's President and CEO said, ''We are pleased that the County of
Los Angeles has selected TAVA for a pilot program to assess potential Year 2000
issues with their embedded systems.''

TAVA (www.tavatech.com) provides factory automation and control systems
integration helping clients in manufacturing and process industries integrate
their processes, applications, hardware and software into seamless manufacturing
enterprises. Located in 11 regional offices throughout the U.S., TAVA has a staff
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

Jim