ACNielsen Selects Complete Business Solutions Inc. To Help It Meet Year 2000 Software Compliance Needs.FARMINGTON HILLS Far·ming·ton Hills A city of southeast Michigan, an industrial suburb of Detroit. Population: 81,400. , Mich.--(BUSINESS WIRE)--Sept. 12, 1997-- Complete Business Solutions Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CBSL CBSL Central Bank of Sri Lanka CBSL Coordinated Baseline Status List ) announced Friday that it was awarded a contract to implement a Year 2000 code conversion project with ACNielsen U.S. The project is expected to require changes to over 18 million lines of code The statements and instructions that a programmer writes when creating a program. One line of this "source code" may generate one machine instruction or several depending on the programming language. A line of code in assembly language is typically turned into one machine instruction. and to be in the multi-million dollar range. The bulk of the conversion work will be carried out at CBSI's conversion factory in Madras, India. ACNielsen is headquartered in Schaumburg, Ill. The company offers services in over 90 countries, posted 1996 revenues of $1.4 billion and is a global leader in delivering market research, information and analysis to the consumer products and services industries. CBSI CBSI CUNA Brokerage Services, Inc. CBSI Cambodian Buddhist Society, Inc. (Silver Springs, Maryland) CBSI Certified Bridge Safety Inspector CBSI Custom Business Solutions, Inc. has an extensive infrastructure that includes two fully functional 'software factories' dedicated to Year 2000 work and development centers in Michigan, Illinois, and California as well as off-shore facilities in Madras and Bangalore, India. CBSI utilizes proprietary methodologies including The Time Machine 2000(SM) and COSMO(SM), the CBSI Offsite Success Management Methodology. CBSI is a worldwide provider of a broad range of information technology services offering Year 2000 end-to-end solutions, legacy maintenance, reengineering services from legacy to client/server, large systems and client/server applications development, internet/intranet expertise and packaged software See software package. implementation. Founded in 1985, CBSI's outstanding performance record has enabled the company to grow to 1996 revenues of $83 million through its project sites around the world. To learn more about CBSI, visit its website at www.cbsinc.com . -0- Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provision Statements in this release that are not strictly historical are "forward-looking" statements that involve risks and uncertainties that could cause actual results to vary materially from such statements. Please refer to discussions of certain of these risks and uncertainties in the company's reports on file with the Securities and Exchange Commission, including its prospectus and 10-Q filings. -0- The Time Machine 2000(SM) and COSMO(SM) are service marks of Complete Business Solutions Inc. All rights are reserved. CONTACT: CBSI Kris Liebold, 248/848-2284 (kliebold@cbsinc.com) or Editorial Contact Tom Gibson, 216/881-9376 (73503.1370@compuserve.com) |
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