BMW Of North America Chooses Tact and Crystal for Complete Y2K Solution
19 August 1998
BMW Of North America Chooses Tact and Crystal for Complete Y2K Solution
HERZILIYA, Israel--August 19, 1998--Crystal Systems Solutions , a leading provider of software conversion tools and services and The A Consulting Team, Inc. ("TACT") , announced today that BMW of North America, Inc. ("BMW NA") awarded them a project to provide the automotive manufacturer with a comprehensive Year 2000 ("Y2K") solution. The project is expected to last approximately twelve months and require approximately 90,000 consultant hours and the usage of the C-MILL tool.
"BMW of North America, Inc. already has a comprehensive Year 2000 program and is working to achieve compliance by mid 1999. We are confident that with TACT as a key partner on this project, BMW NA will achieve it's goals and enter the new millennium with completely functional systems," said Thomas VanWort, Manager, MIS of BMW of North America.
TACT will utilize Crystal Systems Solutions services, the C-MILL software and methodology throughout this project. Crystal is TACT's strategic partner for delivering Y2K remediation.
"Having TACT as a partner has proved to be a very fruitful relationship, we believe that will lead to additional Y2K and other types of projects," said Amiram Mel, CEO of Crystal. "Crystal is developing additional automatic conversion tools, among them, the C-EURO tool to handle the EURO currency conversion, and the JavaMaker to convert Legacy application to Intranet applications that are based on Java language and architecture," added Mr. Mel.
About BMW NA
BMW of North America, Inc. was established in 1975, when the company assumed marketing and distribution responsibilities for BMW automobiles in the United States. Motorcycle marketing and distribution was added in 1980. Since then the company has grown to include marketing, sales and financial services organizations in the United States and Canada; a South Carolina manufacturing operation; a design firm in California; and various other operations throughout the U.S. and Canada. BMW is represented in North America through a network of 375 automobile and 190 motorcycle retailers in the United States and Canada. BMW (US) Holding Corp., the brand's North, Central and South American headquarters, is located in Woodcliff Lake, New Jersey.
About Crystal Systems Solutions
Crystal Systems Solutions is a leading provider of remediation services and tools, designed to enable customers worldwide to quickly and cost-effectively address the millennium problem. In addition, Crystal handles the European currency challenge, software upgrades and general business enhancements e.g. field expansions and modifications. Headquartered in Herziliya, Israel, Crystal Systems Solutions provides sales and services through regional offices as well as a growing network of international subsidiaries, distributors, and strategic partners. Crystal Systems Solutions is a subsidiary of the Formula Group . For more information on Crystal Systems Solutions' products and services, visit the Company's World Wide Web site at HYPERLINK http://www.cry-sys.com.
About TACT
TACT provides enterprise-wide information technology ("IT") consulting, software, and training services to a broad range of Fortune 1000 companies and other large organizations. TACT Consulting offers strategic IT consulting, full life-cycle IT solutions, and IT professionals. TACT Software is a value-added reseller of third-party developed software products. TACT Training offers consultants and clients training and retraining in leading-edge technologies. TACT's ability to provide comprehensive services and solutions across diverse technology platforms allows its clients to maintain and enhance their current systems while embracing new technologies.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain of the statements contained in this press release may be deemed forward- looking statements. Such statements, and other matters addressed in this press release, involve a number of risks and uncertainties. Among the factors that could cause actual plans to differ materially from these statements and other matters are marketing risks, risks of competition, technological obsolescence and the risks and other factors detailed, from time to time, in the Company's reports with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Registration Statement on Form SB-2 (Reg. No. 333 - 29233).