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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
March 5, 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, CO 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 March 5, 1998 the Company announced certain business developments in a
Press Release dated March 5, 1998, which is filed as Exhibit 20.1 hereto and
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 March 5, 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: March 5, 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, INC.
TAVA TECHNOLOGIES, INC. ANNOUNCES MULTI-PLANT PILOT ENGAGEMENT
WITH THE COCA-COLA COMPANY
Englewood, CO - March 5, 1998 - TAVA Technologies, Inc. (Nasdaq: TAVA) a leading
provider of automation and information technology solutions to industry, today
announced it has been selected by The Coca-Cola Company to provide year 2000
compliance services in factory automation and process control systems. TAVA has
been engaged to apply its Plant Y2K One-TM- products and services to complete an
inventory and assessment phase of a pilot project across 10 facilities in 6
countries. Target completion for the pilot project is May 30, 1998.
John Jenkins, CEO of TAVA said, "We are obviously pleased to be engaged by The
Coca-Cola Company in this program. The company's global reach presents special
challenges that we believe we are well qualified to address with our tool based
approach."
Jenkins added, "Interest in our Y2K products and services continues to increase
and build rapidly. At last count, TAVA engaged with more than 60 clients
representing over 400 sites in 14 different countries ranging from Eastern and
Western Europe to Africa and the Pacific Rim. These sites vary broadly in size
and complexity."
TAVA (www.tavatech.com) provides factory automation and control systems
integration helping clients in the manufacturing process industries integrate
their processes, applications, hardware and software into seamless manufacturing
enterprises, featuring their Plant Y2K One-TM- CD-ROM which was released on
October 15, 1997. Located in 11 regional offices throughout the U.S., TAVA has
a staff of more than 360.
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 to 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
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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 Scott Liolios
(303) 771-9794 (714) 574-3860
