To: hoffy who wrote (61903 ) 3/16/1999 8:56:00 AM From: Manzanillo Read Replies (1) | Respond to of 119973
TAVA TECHNOLOGIES INTRODUCES TAVA ONESOURCE/Y2K The Fastest, Easiest and Least Expensive Way to Obtain Y2k Compliance Information for Industrial Automation and Embedded Systems ENGLEWOOD, Colo., March 16 /PRNewswire/ -- TAVA Technologies (Nasdaq: TAVA) a leading provider of information and automation technology solutions to industry, announced today the rollout of a new Electronic Commerce (E-commerce) extension of its Plant Y2kOne(TM) product -- TAVA OneSource(SM)/Y2k (www.tavaonesource.com). The new Internet-based tool provides manufacturers and facility managers a single source for Year 2000 compliance information on embedded systems. Users of TAVA OneSource/Y2k have access to TAVA's popular, proven Plant Y2kOne compliance database that contains more than 110,000 product reports from over 12,000 vendors of industrial automation products. This comprehensive database allows users to search for product reports by vendor, product or model. The TAVA OneSource/Y2k exclusive Message Board facilitates an interactive exchange between its vendors and customers on compliance issues. Users can search for information by category or learn about vendors' new products and upgrades. Kevin Fallon, COO stated, "TAVA OneSource/Y2k was developed to assist companies that need 1) a fast, easy and inexpensive means to access Y2k compliance information from multiple locations, 2) an information source for independent verification and validation (IV&V) of their current Y2k program, and 3) assistance in proving Y2k due diligence. TAVA OneSource will drastically shorten Y2k compliance research time." Fallon continued, "The new E-commerce product has many uses beyond Year 2000. Utilizing this web-based framework, TAVA intends to create and distribute differentiated niche products such as object oriented software components and asset management solutions." TAVA Technologies, Inc. (www.tavatech.com) provides consulting and systems integration for clients in manufacturing and process industries. Located in 15 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, Inc. -------------------------------------------------------------------------------- 03/16/99 /CONTACT: John Jenkins, CEO, and Doug Kelsall, CFO, 303-771-9794, of TAVA Technologies, Inc.; or Investor Relations: Scott Liolios of Pacific Consulting Group, Inc., 949-574-3860/ /Web site: tavatech.com /Web site: tavaonesource.com (TAVA) CO: TAVA Technologies, Inc. ST: Colorado IN: MLM CPR SU: PDT Tue Mar 16 08:46:56 EST 1999 - quotes are real-time.