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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: TokyoMex who wrote (3019)9/2/1998 4:21:00 PM
From: Rande Is  Read Replies (1) | Respond to of 119973
 
A Fed rate reduction will certainly flush the economy down the deflationary toilet.



To: TokyoMex who wrote (3019)9/3/1998 2:28:00 PM
From: TokyoMex  Read Replies (1) | Respond to of 119973
 
TAVA ..

(PR NEWSWIRE) DJ: TAVA Technologies Will Jointly Develop Products for the
DJ: TAVA Technologies Will Jointly Develop Products for the Paper Industry With
Coors-Wilbanks of ACX Technologies

ENGLEWOOD, Colo., Sept. 3 /PRNewswire/ -- TAVA Technologies, Inc. (Nasdaq:
TAVA) today announced that it has signed a Letter of Intent with
Coors-Wilbanks (Hillsboro, OR) to jointly develop integrated control system
solutions for paper industry applications. Several new products targeted to
improve productivity performance on paper machines are anticipated as a
result of this agreement, with an initial prototype to be released for sale
by the end of 1998. Coors-Wilbanks, part of ACX Technologies, Inc., (NYSE:
ACX ) is a leader in providing engineered de-watering equipment and systems
for high-speed paper machines.
The first of these "results-oriented" control system products is expected to
provide advanced process visibility and tangible improvements in paper
quality with resulting financial benefits for paper industry customers. The
companies believe that the cooperative development effort will leverage
their existing technical strengths. It will be complemented with joint
sales and marketing programs to accelerate industry introduction.
John Jenkins, CEO of TAVA, said "We are pleased to have reached this accord
with an industry leader like Coors-Wilbanks. While the opportunity to
create new control system products for the paper industry is exciting in its
own right, this move underscores TAVA's strategic long-term objective to
create manufacturing execution solutions that provide our customers with
measurable gains in both product quality and profitability. This commercial
alliance exploits the core competencies of both companies and will serve as
a model for similar TAVA initiatives in the future."
TAVA (http://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 14 regional offices throughout the
U.S., TAVA has a staff of more than 500.
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, and failure
to capitalize upon access to new clientele. Additional risks and
uncertainties which may affect forward-looking statements about the
Company's Y2K One 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 and in subsequent reports
filed with the Securities and Exchange Commission, to which reference should
be made.
/CONTACT: John Jenkins, CEO, or Doug Kelsall, CFO, 303-771-9794, both of
TAVA Technologies, Inc.; or Scott Liolios of Pacific Consulting Group, Inc.,
714-574-3860/
13:58 EDT
*** end of story ***