To: flatsville who wrote (3550 ) 2/1/1999 10:01:00 PM From: Sawtooth Read Replies (1) | Respond to of 9818
Business Wire AUTO MAKERS TACKLING Y2K -------------------------------------------------------------------------------- CHARLOTTE, NC--(BUSINESS WIRE)--Feb. 1, 1999--Most individuals, many companies, and a disturbingly large percentage of governments seem to lack a sense of urgency regarding year 2000; not the automobile industry. In 1997 GM took its computer systems on a Y2K test drive. They selected a plant scheduled to be closed, set the computer network on January 1, 2000, and rebooted. The entire plant closed itself down. GM is currently working with Ford, Chrysler, and approximately 40,000 of its suppliers to make the Y2K deadline. According to Industry Week, as of June 1998, Chrysler was 82% compliant and its suppliers were 72% compliant. Watch 2K is a not for profit organization that follows the Y2K issue. A record of companies who have and have not resolved the Y2K issue is available to consumers free of charge at www.y2kalert.org. The companies listed below are early respondents to the Watch 2K survey and are to be commended for their proactive stance regarding the Y2K issue. Phoenix International (Nasdaq: PHXX.O), Patina Oil and Gas Corp (NYSE: POG.N), Protection One Inc (NYSE: POI.N), PRI Automation (Nasdaq: PRIA), Qualcomm (Nasdaq: QCOM.O), Quad Systems Corp (Nasdaq: QSYS.O), RIBI Immunochem Research (Nasdaq: RIBI.O), Ridge View Inc (Nasdaq: RIDG.O), Blue Rhino Chip (Nasdaq: RINO.O), Rival Co (Nasdaq: RIVL.O) These companies are aggressively dealing with the Y2K issue and either are currently in compliance or will be compliant by the new millenium. However, other companies may not have addressed this issue. Concerned investors can visit www.y2kalert.org to access a data base of over 9,000 publicly traded corporations and see where other companies stand in regard to Y2K. Watch 2K is a public information service and receives no compensation from any company discussed. The conclusions in this press release and on the site are derived from the companies in question and credible sources of information regarding these companies. The information is believed to be accurate as of the date of publication however its employees and directors hold no responsibility for the accuracy of statements and figures displayed. --30--BC/ch* CONTACT: Watch 2K, Charlotte Paul Landau, Public Relations Officer, 1/888-220-3843 KEYWORD: NORTH CAROLINA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com