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Aspeon Acquires Consulting Firm Specializing in Enterprise Financial Systems.


Business Editors & High-Tech Writers

IRVINE, Calif.--(BUSINESS WIRE)--March 13, 2000

Aspeon Inc. (Nasdaq:ASPE ASPE Assistant Secretary for Planning and Evaluation (US Department of Health and Human Services)
ASPE American Society of Plumbing Engineers
ASPE American Society for Precision Engineering
ASPE Association of Standardized Patient Educators
) today announced it has acquired Monument Anything by which the memory of a person, thing, idea, art, science or event is preserved or perpetuated. A tomb where a dead body has been deposited.

In real-property 
 Software Corp. for $3.0 million in cash and stock.

Monument Software specializes in the rapid implementation of enterprise-class financial systems with an emphasis on Oracle Financials.

"The acquisition of Monument brings Aspeon a core team of professionals and over 18 clients in a broad array of industries, including foodservice. These clients would be great references for additional business," said Richard Stack, chief executive officer of Aspeon.

"We have been strategic partners with Monument for several years and have been very pleased with their ability to deliver on time and on budget. One of the tenets of Aspeon's `Next Generation' ASP model is to minimize the upfront nonrecurring consulting and customization process.

"Monument's expertise in remote deployment and rapid data migration together with Aspeon's `one-to-many' vertical market approach will limit the sticker shock Sticker shock is a United States term for the feeling of surprise experienced by consumers upon finding unexpectedly high prices on the price tags (stickers) of products they are considering purchasing.  many middle-market customers feel when faced with the deployment of a world-class financial system," added Stack.

About Aspeon

Aspeon operates in two lines of business. Aspeon Solutions Inc., a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, is the first "Next Generation" Application Service Provider (ASP) focused on delivering pre-integrated, mission-critical business applications customized to meet industry-specific needs. Javelin Systems is the leading provider of integrated touchscreen See touch screen.  computers and system-integration services to the global foodservice industry. Visit Aspeon at www.aspeon.com

The statements in this news release that relate to future financial results, future plans by the company, customer contracts or financial performance by the company are forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 that involve risks and uncertainties pertaining per·tain  
intr.v. per·tained, per·tain·ing, per·tains
1. To have reference; relate: evidence that pertains to the accident.

2.
 to customer orders, demand for products and services, development of markets for the company's products and services, and other risks identified in the company's SEC filings. The company's actual results and performance may differ materially; therefore, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof here·of  
adv.
Of this.


hereof
Adverb

Formal or law of or concerning this

Adv. 1. hereof - of or concerning this; "the twigs hereof are physic"
. The company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 13, 2000
Words:359
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