HERZLIYA, Israel--(BUSINESS WIRE)--November 10, 1999--Crystal Systems Solutions Ltd. (NASDAQ:CRYS) announced today that effective at the open of business on Thursday, November 11, 1999, the ticker symbol on Nasdaq for the Company's Ordinary Shares will change from CRYSF to CRYS.
About CRYSTAL Systems Solutions
Established in 1987, Crystal Systems Solutions Ltd. (NASDAQ:CRYS- news) provides software renovation solutions, based on its proprietary technology, for complex conversion and migration projects. Crystal has built its conversion expertise through the successful completion of projects for many prestigious Fortune 500 companies, thus establishing its competency and achieving global recognition and presence.
The Crystal renovation methodology consists of several phases, including assessment, conversion and testing. This methodology allows for tailor-made adjustments to the automated process, based on client requests, providing cost-effective, customized solutions. Crystal's renovation solutions enables platform and database migrations, IT mergers and acquisitions, and language upgrades. They are available for mainframe, midrange and client/server computing platforms. Crystal Systems Solutions is a member of the Formula Group (NASDAQ: FORTY - news), which is the largest public IT group in Israel.
Certain statements contained in this release may be deemed forward- looking statements, with respect to plans, projections, or future performance of the Company, the occurrence of which involves certain risks and uncertainties that could cause actual plans to differ materially from these statements. These risks and uncertainties include but are not limited to: market demand for the Company's tools, especially demand for decimalization tools, successful implementation of the Company's tools, competitive factors, the ability to manage the Company's growth, the ability to recruit and retrain additional software personnel and the ability to develop new business lines.
Contact:
Iris Yahal/Chief Financial Officer
Crystal System Solutions
972-9-952-6110
Our Web Site: www.crystal-sys.com
or
Investor Relations Contact:
Richard Schineller/Jill Meleski
Morgen-Walke Associates, Inc.
(212) 850-5600
or
Press Contacts:
Jennifer Gery
Morgen-Walke Associates, Inc.
(212) 850-5600