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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
July 28, 1998
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Date of Report
(Date of Earliest Event Reported)
TAVA TECHNOLOGIES, INC.
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(Exact name of Registrant as specified in its charter)
Colorado 0-19167 84-1042227
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File No.) I. D. Number)
7887 E. Belleview Avenue, Suite 820
Englewood, Colorado 80111
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(Address of principal executive offices) (zip code)
(303) 771-9794
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(Registrant's telephone number, including area code)
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Item 5. Other Events.
On July 28, 1998 the Company announced material business developments.
The Company's Press Release dated July 28, 1998, which is filed as Exhibit 20.1
hereto, is incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits. The following exhibit is filed with this Report:
20.1 Press Release dated July 28, 1998
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
TAVA Technologies, Inc.
Date: July 28, 1998 By: /s/ John Jenkins
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John Jenkins, President and CEO
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Exhibit 20.1
PRESS RELEASE
TAVA TECHNOLOGIES SIGNS YEAR 2000 MASTER
CONSULTING AGREEMENT WITH CHEVRON
Englewood, CO/ July 28, 1998/ TAVA Technologies (NASDAQ: TAVA) a leading
provider of automation and information technology solutions to industry, today
announced that it has executed a Year 2000 Master Services Contract with Chevron
Products Company (NYSE: CHV) that covers the terms and conditions by which
Chevron facilities around the world can purchase TAVA Y2K products and services.
Every Chevron owned company or affiliate will be eligible to participate in this
comprehensive program to inventory and audit embedded systems, determine the
degree of compliance for Y2K and prepare programs for the necessary remediation.
The new contract is the result of a successful Y2K pilot project completed
earlier this year. Work has already begun at Chevron's Richmond, California
refinery, the Salt Lake City, Utah Refinery and the Chevron Chemical plant in
Orange, Texas.
John Jenkins, CEO of TAVA said, "We are extremely pleased to receive this Master
Contract and subsequent award of business from Chevron. It is further indication
of industry endorsement of TAVA's field proven methodology for Y2K assessment
and remediation services."
TAVA (www.tavatech.com) provides factory automation and control systems
integration helping clients in manufacturing and process industries integrate
their processes, applications, hardware and software into seamless manufacturing
enterprises. Located in 14 regional offices throughout the U.S., TAVA has a
staff more than 480.
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. Such factors include
adverse economic conditions, entry of new and stronger competitors, inadequate
capital, unexpected costs, failure to integrate operations of recently acquired
subsidiaries and failure to capitalize upon access of new clientele. Specific
risks and uncertainties which may affect forward-looking statements about the
Company's Plant Y2K One(TM) business and prospects include the possibility that
a competitor will develop a more comprehensive or less expensive Y2K solution,
and delays in market awareness of Tava and its product and service solutions.
These factors and others are 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, 1997, to which reference should be made.
CONTACTS:
TAVA Technologies, Inc. Pacific Consulting Group, Inc.
John Jenkins, CEO Scott Liolios
Doug Kelsall, CFO Telephone (714) 574-3860
Telephone (303) 771-9794