Crystal Systems Solutions Expands Working Relationship With Ford Motor Company

Business Wire, August 18, 1998

HERZILIYA, Israel--(BUSINESS WIRE)--Aug. 17, 1998--Crystal Systems Solutions (Nasdaq: CRYSF), a leading provider of software conversion tools and services, today announced an expansion of its working relationship with Ford Motor Company beyond its Y2K conversion business. Using its proprietary conversion technology, Crystal will be assisting in a sophisticated conversion project that requires the identification, and removal, of specific digits from a particular data field.

In this "Realignment Re-Engineering" project, Ford desires to pinpoint and remove the regional sales code that is embedded in the dealer code. The task involves scanning millions of lines of code for the dealer data field, identifying the regional code section of the number, and excising it. Crystal will employ its C-MILL tool to perform this difficult task.

Crystal Systems Solutions has recently very successfully completed a multitude of conversion projects for Ford Motor Company, including the year 2000 conversion and Verification Services. "Our technology and its multitude of applications allows us to leverage existing clients for a wide variety of conversion projects, as well as attract new clients." says Amiram Mel, CEO of Crystal Systems Solutions. "Crystal has been performing conversion for the past decade and will continue doing so well into the next millennium." Crystal Systems Solutions conversion technology supports multiple legacy languages and database platforms giving Crystal the advantage of being a one-stop conversion center for its clients.

About Ford Motor Company

Ford is the second largest car and truck producer in the world and is ranked second on the Fortune 500 list of the largest US industrial corporations, based on sales. Ford produces a wide range of non-automotive products including industrial engines, construction machinery, glass and plastics. Ford is established, as well, in a wide range of businesses including financial services, insurance, automotive replacement parts, electronics and land development.

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 (Nasdaq:FORTY). For more information on Crystal Systems Solutions' products and services, visit the Company's World Wide Web site at www.cry-sys.com.

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