To: Josef Svejk who wrote (24061 ) 10/21/1998 9:05:00 AM From: EyeDrMike Read Replies (1) | Respond to of 31646
TAVA Technologies, Inc. Receives Record Year 2000 Bookings in First Quarter Fiscal 1999 PR Newswire, Wednesday, October 21, 1998 at 08:55 ENGLEWOOD, Oct. 21 /PRNewswire/ -- TAVA Technologies, Inc. (NASDAQ:TAVA) a global supplier of automation and information technology solutions for industry, announced today that in the first quarter of its fiscal 1999, ending September 30, 1998, it had received new orders for its Y2k products and services in total amount exceeding $26,000,000. Order values include, PlantY2k One(TM) CD-ROM purchases, estimated compliance database reports, estimated Y2k inventory, assessment and remediation services and training. Typical order execution cycles range from 90 to 180 days. John Jenkins CEO said, "We are pleased with this record order intake quarter for the company's Y2k practice. Our domestic opportunities continue to grow and we are beginning to get the first Y2k orders from our international efforts." Jenkins added, "We also have great expectations from our newly announced relationship with Unisys." 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. These risks and uncertainties include those 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, 1998 and in any subsequent reports filed with the Securities and Exchange Commission, to which reference should be made. SOURCE TAVA Technologies, Inc. -0- 10/21/98 /CONTACT: John Jenkins, CEO, or Doug Kelsall, CFO, both of TAVA Technologies, Inc., 303-771-9794; or Scott Liolios of Pacific Consulting Group, 949-574-3860, Investor Relations for TAVA Technologies, Inc.; or Margaret Ebeling of Barnhardt/CMI Public Relations, 303-626-7200, for TAVA Technologies, Inc./