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SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of February 2000
Sapiens International Corporation N.V.
(translation of registrant's name into English)
c/o Landhuis Joonchi
Kaya Richard J. Beaujon z/n
P.O. Box 837
Willemstad
Curacao, Netherlands Antilles
(599) (9) 7366277
(address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F]
Form 20-F X Form 40-F ___
--
[Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2 (b) under the Securities Exchange Act of
1934]
Yes No X
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About National Australia Bank Group
National Australia Bank Group is an international financial services group
providing a comprehensive and integrated range of financial services across four
continents and 15 countries. It holds assets in Australia, the US, Asia, the UK,
Ireland and New Zealand.
Globally, National has:
o an asset base of over $250 billion
o over $400 billion in assets under administration
o close to nine million customers
Furthermore, National Australia Bank Group is ranked as one of the world's 50
largest banks.
In Australia, National is one of the three largest companies listed on the
Australian Stock Exchange. It holds the largest banking market share and offers
a rapidly growing financial services capability.
National's European operations include Yorkshire Bank, Clydesdale Bank, National
Australia Life, Northern Bank and the National Irish Bank. Yorkshire Bank is the
principal English arm of the National Australia Bank Group's European
operations. With its head office based in Leeds, the Bank employs 6,000
personnel and has a network of 255 retail branches. Clydesdale Bank was acquired
by National Australia Bank Group in October 1987 and is one of the major
Scottish Clearing Banks with 274 branches across Scotland, in London and the
North of England.
About Sapiens
Sapiens International (NASDAQ: SPNS) is a global e-business solutions provider.
Sapiens delivers strategic end-to-end solutions that enable customers to
capitalize on their IT assets in the transition to e-business. Sapiens' vertical
market frameworks, such as eMerge Loan and eMerge Insure, as well as
cross-industry offerings, such as eMerge and EuroMigration, apply new business
models and processes in the emerging, dynamic world of e-business and help
clients meet the challenges of euro migration and reengineering. Applying proven
technologies, Sapiens ensures fast time-to-market and responsiveness to change.
Sapiens serves its growing customer base directly and through partnerships with
such industry leaders as Cap Gemini, IBM and CA. The Company's installed base of
customers includes 3M, Air France, Berlinische Leben, Greyhound Pioneer
Australia, Honda, IBM, International Paper, La Redoute, Principal Financial,
Siemens Energy and Automation and other multinational corporations.
You are invited to visit us on the World Wide Web at http://www.sapiens.com.
# # #
Except for historical information contained herein, the matters set forth in
this release are forward-looking statements that are dependent on certain risks
and uncertainties, including such factors, among others, as market acceptance,
market demand, pricing, changing regulatory environment, changing economic
conditions, risks in new product and service development, the effect of the
company's accounting policies and other risk factors detailed in the Company's
SEC filings.
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<TABLE>
<CAPTION>
[Sapiens logo] [Cap Gemini logo]
FOR ADDITIONAL INFORMATION
<S> <C> <C>
Florence Mairal Lauri Hanover John W. Heilshorn, Jr./Jody Burfening
Group PR and Business Chief Financial Officer Lippert/Heilshorn &
Communication Manager
Cap Gemini Group Sapiens International Associates Inc.
Tel: +33 1 47 54 50 91 Tel: +1-877-554-2426 Tel: +1-212- 838-3777
+972-8-938-2701
E-mail: [email protected] E-mail: [email protected] E-mail: [email protected]
</TABLE>
CAP GEMINI FRANCE AND SAPIENS TO ESTABLISH OPERATIONS CENTER FOR
EURO CONVERSION PROJECTS
Paris, France--February 18, 2000--Cap Gemini France, an affiliate of the Cap
Gemini Group (Paris Stock Exchange: CAPP.PA) and Sapiens International
Corporation N.V (NASDAQ: SPNS) today announced the establishment of a center of
operations for the implementation of euro conversion projects. Sapiens is Cap
Gemini's exclusive partner in the implementation of euro conversion services
through their joint operational center.
The establishment of the joint operations center is the concrete implementation
in France of the Pan European Joint Euro Marketing Agreement announced earlier
this year. The operations center addresses the strong market demand for the
joint Cap Gemini-Sapiens euro conversion offering.
Sapiens will train Cap Gemini in the implementation of its Sapiens
EuroMigration(TM) solution technologies and methodologies. Joint project
implementation teams comprised of Cap Gemini and Sapiens consultants combine the
strengths of Cap Gemini's euroTRANSFORMATION Services and Sapiens EuroMigration
to deliver comprehensive, rapid euro conversion solutions.
Commenting on the new Cap Gemini-Sapiens initiative, Mr. Robert Mauries, Cap
Gemini's Director of Euro Offering-France, said: "We are very pleased with the
developing business relationship between Cap Gemini and Sapiens. We have been
impressed with the strength and agility of the Sapiens EuroMigration solution,
which is a perfect compliment to the euro conversion technology and methodology
developed by Cap Gemini. We look forward to a longstanding IT partnership with
Sapiens, particularly in light of the explosive growth in the euro conversion
market."
Saadia Essoudry, Sapiens' Vice President-France, added: "We are delighted to
establish a euro conversion operations center of excellence with Cap Gemini,
which offers its industry-leading euroTRANSFORMATION Services. This center gives
both companies the expertise and critical mass to effectively market and
implement euro conversion solutions and services."
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About Cap Gemini
The Cap Gemini Group is the leading European management consulting and IT
services group. The Group reported 1999 revenues of 28.2 billion francs (4.31
billion euros) and has a workforce of 40,000 employees. The Group is represented
in 20 countries worldwide. Cap Gemini can be reached at http://www.capgemini.com
About Sapiens
Sapiens International (NASDAQ: SPNS) is a global e-business solutions provider.
Sapiens delivers strategic end-to-end solutions that enable customers to
capitalize on their IT assets in the transition to e-business. Sapiens' vertical
market frameworks, such as eMerge Loan and eMerge Insure, as well as
cross-industry offerings, such as eMerge and EuroMigration, apply new business
models and processes in the emerging, dynamic world of e-business and help
clients meet the challenges of euro migration and reengineering. Applying proven
technologies, Sapiens ensures fast time-to-market and responsiveness to change.
Sapiens serves its growing customer base directly and through partnerships. The
Company's installed base of customers includes 3M, Air France, Berlinische
Leben, Greyhound Pioneer Australia, Honda, IBM, International Paper, La Redoute,
Principal Financial, Siemens Energy and Automation and other multinational
corporations.
You are invited to visit us on the World Wide Web at http://www.sapiens.com.
# # #
Except for historical information contained herein, the matters set forth in
this release are forward-looking statements that are dependent on certain risks
and uncertainties, including such factors, among others, as market acceptance,
market demand, pricing, changing regulatory environment, changing economic
conditions, risks in new product and service development, the effect of the
company's accounting policies and other risk factors detailed in the Company's
SEC filings.
<PAGE>
[Sapiens logo]
FOR ADDITIONAL INFORMATION
Lauri Hanover John W. Heilshorn, Jr./Jody Burfening
Chief Financial Officer Lippert/Heilshorn &
Sapiens International Associates Inc.
Tel: + 1-877-554-2426 Tel: + 1-212-838-3777
+ 972-8-938-2701
E-mail: [email protected] E-mail: [email protected]
SAPIENS LAUNCHES NEW BRUNSWICK POWER INTO DOT-COM TERRITORY
WITH WEBSITE
Research Triangle Park, NC--February 28, 2000--Sapiens International Corporation
N.V (NASDAQ: SPNS), a global e-business solutions provider, today announced that
Sapiens Internet Marketing Associates launched www.nbpower.com, a website
developed for the New Brunswick provincial electrical utility ("NB Power"),
demonstrating Sapiens' capability to rapidly deliver Internet-based solutions.
NB Power, a provincial crown corporation, generates and supplies electricity to
over 300,000 customers in New Brunswick and exports electricity to neighboring
provinces in New England and Eastern Canada. The newly designed website updates
the traditional utilities company with a fresh, dot-com image, by disseminating
detailed information regarding the company's operations, products and services.
The website also allows customers to request disconnect, reconnect, or new
services using on-site forms. In addition to the web design, strategy,
integration technology and implementation services, Sapiens also provided
training to key NB Power personnel so that the site could be fully managed and
maintained in-house.
"NB Power is very excited to add a website to its range of services and
communication tools," said Marcella LeBlanc, NB Power's Director of Public
Affairs. "We gave Sapiens Internet Marketing Associates a challenging project
with a tight deadline, and the final result exceeded our expectations. They
delivered on time as promised, and we can now provide our customers with a wider
range of services."
"We consider this project our `acid test' and could not be happier with the
results," commented Yuda Doron, Executive Vice President, Sales and Business
Development, Sapiens International. "Not only did this project confirm the
rapidity with which our eMerge methodology helps clients accelerate Internet
capabilities, but it also confirmed how well the newly acquired Internet
Marketing Associates supplements Sapiens' core competencies to encompass the
entire range of Internet-based solutions. Sapiens' fundamental commitment is the
rapid delivery of a comprehensive, end-to-end solution to our customers, from
the front-end of web design, strategy and development, to the back-end of
integrating infrastructure applications to support on-demand, Internet-enabled
transaction processing."
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Page 2
About Sapiens
Sapiens International (NASDAQ: SPNS) is a global e-business solutions provider.
Sapiens delivers strategic end-to-end solutions that enable customers to
capitalize on their IT assets in the transition to e-business. Sapiens' vertical
market frameworks, such as eMerge Loan and eMerge Insure, as well as its
cross-industry offerings, such as eMerge and EuroMigration, apply new business
models and processes in the emerging, dynamic world of e-business and help
clients meet the challenges of euro migration and reengineering. Applying proven
technologies, Sapiens ensures fast time-to-market and responsiveness to change.
Sapiens serves its growing customer base directly and through partnerships with
such industry leaders as Cap Gemini, IBM and CA. The Company's installed base of
customers includes 3M, Air France, Greyhound Pioneer Australia, Honda, IBM,
International Paper, Principal Financial, La Redoute and Siemens Energy and
Automation and other multinational corporations.
You are invited to visit us on the World Wide Web at http://www.sapiens.com.
###
Except for historical information contained herein, the matters set forth in
this release are forward-looking statements that are dependent on certain risks
and uncertainties, including such factors, among others, as market acceptance,
market demand, pricing, changing regulatory environment, changing economic
conditions, risks in new product and service development, the effect of the
company's accounting policies and other risk factors detailed in the Company's
SEC filings.
<PAGE>
SIGNATURES
Pursuant to the requirements 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.
Sapiens International Corporation N.V.
(Registrant)
Date:February 29, 2000 By: /s/ Steve Kronengold/ag
----------------------------
Steve Kronengold
General Counsel
