TAVA Becomes Partner of New Century Alliance
ENGLEWOOD, Colo., March 3 /PRNewswire/ -- TAVA Technologies (Nasdaq: TAVA) a leading provider of automation and information technology solutions to industry, announced that it has become a partner in the New Century Alliance(SM). New Century Alliance is a "best of breed" strategic alliance comprised of six companies and was formed to provide the full spectrum of Year 2000 solutions well beyond the new millennium to customers in the utility, manufacturing, health care and municipal market places. New Century Alliance partners are: Litton PRC's Migration Solutions Division; TAVA Technologies; TAVA/RW Beck LLC; BioMedY2k; Sykes Enterprises Inc.; and GTE Corporation. Each alliance partner brings a specialized synergistic core competency to the new alliance.
"This alliance makes it possible for any company in any industry to have a truly effective Y2k program. It equates to one-stop-shopping for a Y2k solution provider as this best-of-breed program not only provides the methodology and the tools, but also can supply the people to accomplish anyone's Y2k program objectives," said John Jenkins, CEO and President of TAVA.
This customized solution takes into account information technology, facilities, and specialized equipment in IT infrastructure, supply chain, and external systems. It also includes management consulting.
The following companies comprise the innovative New Century Alliance:
TAVA Technologies, Inc. -- TAVA Technologies (Nasdaq: TAVA) of Englewood, Colorado, has been a leading independent provider of information and automation technology solutions to process and manufacturing industries for more than 20 years. TAVA's experience and practice expertise lead to an early recognition of the risk associated with a lack of Y2k readiness in process control and factory automation systems. The company responded with an intense product development program designed to provide methodology, tools, and a compliance database of more than 106,000 items. The resulting Plant Y2kOne(TM) suite of products and services provides the foundation for TAVA's current leading role in addressing "factory floor" Y2K readiness in U.S. industry. TAVA currently has hundreds of Y2k Clients covering thousands of sites around the world.
TAVA/R.W. BECK LLC -- R.W. Beck is a national engineering and consulting firm with a staff of over 450 multi-disciplinary engineers and technical professionals. TAVA/RW Beck LLC was formed as a joint venture between TAVA Technologies and R.W. Beck specifically to provide Year 2000 Assessment and Remediation services for Utilities. TAVA/RW Beck LLC has the engineering diversity and expertise to provide full service Y2K services in Electric, Water, Wastewater, Gas, and Telecommunications Utilities. Virtually all Utilities servicing the Municipal and Rural Communities are addressed under the TAVA/Beck Municipal Action Plan. TAVA/RW Beck has over 50 active Y2K clients and is performing services at 150 sites throughout North America.
BioMedY2K -- Colorado MEDtech, Inc. designs, develops, and manufactures medical products for a broad range of customers, from start-ups to Fortune 500. They augment customer capabilities with facilities, technical/manufacturing personnel, equipment, experience, and proven design and manufacturing processes. BioMed Y2K, a Colorado MEDtech company, offers a full service suite of resources to support the health care sector's Year 2000 compliance efforts.
Sykes Enterprises, Inc. -- Sykes Enterprises is a diverse IT company with more than 7,700 employees worldwide. Sykes' business includes systems consulting, systems integration, third party hardware and software technical support, helpdesk services, diagnostic software, documentation development, and foreign language translation and localization.
GTE -- GTE Corporation, a multi-billion dollar communications and high-technology company, has established a Year 2000 service for telecommunications compliance, including a process, methodology, and robust database to assist in telecommunication systems compliance assessment. GTE's offering mitigates risks associated with external interfaces, switch/device specific issues, and user peripheral equipment.
Litton PRC -- Litton, founded in 1953 as a small electronics company, has evolved into a $4.2 billion company. PRC's Migration Solutions, a division of Litton Industries, Inc., is a leader in Year 2000 services, IT development, systems integration, project management, and software engineering. Litton PRC's unique project management approach to the Year 2000 problem, the result of many years of software engineering experience, is anchored by its formal partnering processes with both its team partners and its clients. Litton PRC's Enterprise Triage(SM) methodology reduces both business risk and project costs.
TAVA (www.tavatech.com) provides factory automation, control systems integration and other IT solutions helping clients in manufacturing and process industries integrate their processes, applications, hardware and software into seamless manufacturing enterprises. Located in 15 regional offices throughout the U.S., TAVA has a staff of more than 600.
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
CO: TAVA Technologies; TAVA/R.W. BECK LLC; BioMedY2K; MEDtech, Inc.; Sykes Enterprises, Inc.; GTE Corporation; Litton PRC
ST: Colorado
IN: CPR MTC UTI
SU: JVN
03/03/99 13:45 EST prnewswire.com
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