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Technology Stocks : TAVA Research - No Discussion -- Ignore unavailable to you. Want to Upgrade?

To: C.K. Houston who wrote (698)	8/1/1998 11:10:00 AM
From: Steve Sanchez	Read Replies (1) \| Respond to of 810

TAVA's CEO John Jenkins prepared statement on Post Year 2000 (from last CC) With Plant Y2KOne being wrapped up, the TAVA products group will now continue to build value-added products to help leverage the TAVA services group post Year 2000. These will include software objects focused on the food, beverage, consumer products, and pharmaceutical industries. In addition, working with National Instruments [ natinst.com ], we have been developing a high-speed data acquisition solution for predictive maintenance in the utilities industry. Many questions have been asked recently regarding TAVA's success post Year 2000. Let me briefly address our strategy for the next millennium. With the advent of Year 2000, TAVA has been able to capture the interests of executives of Fortune 500 companies. We are now focused on developing a suite of solutions, services, and products that will have major interest to these executives while at the same time, it will create pull-through for our core business. Our recently formed TAVA Consulting is focused on helping our customers reduce supply chain costs. In addition, we are expanding TAVA's manufacturing (execution) systems group into the events, planning, and scheduling sector, providing solutions to augment this consulting practice. According to Advance Manufacturing Research [ advmfg.com }, which is the leading industry research firm in our market space, this segment of the market is exploding at 70 percent growth rate with new technology suppliers leading the charge and is already over a billion dollar market space. We intend to capitalize on these technology frameworks similar to how the big six firms did with SAP in the financials and enterprise planning applications. The TAVA skill base will be easily adoptable to improve supply chain performance for our customers given the experience that we currently have in improving manufacturing performance. In summary, I feel TAVA is not only poised to capitalize on the current Y2K opportunity, but has also taken the necessary steps to continue as the leader in manufacturing information and automation solutions for industry into the next millennium.