Base Ten in Discussions with Select Software.TRENTON Trenton, town, Canada Trenton, town (1991 pop. 16,908), SE Ont., Canada, on the Bay of Quinte at the mouth of the Trent River and at the south end of the Trent Canal. Its manufactures include textiles, electronic components, and paper and steel products. , N.J.--(BUSINESS WIRE)--March 31, 1999--Base Ten Systems, Inc. (Nasdaq: BASEA BASEA Boston Area Solar Energy Association ) announced today that it had entered into exclusive preliminary discussions with SELECT Software Tools plc (Nasdaq: SLCTY) to explore the possibility of a business combination involving the two companies. Base Ten Systems is a leading software technology company, focused on execution systems and services for the pharmaceutical, chemicals and medical products industries. SELECT Software Tools provides a business-driven solution to organizations adopting component-based development. SELECT's product line, SELECT Component Factory (SCF SCF Service Canadien des ForĂȘts (Canadian Forest Service) SCF Stem Cell Factor SCF Scientific Committee on Food (European Commission) SCF Service Canadien de la Faune ), helps meet evolving business needs by integrating software, services and a model-driven approach to distributed component-based development. SCF is designed to enable the rapid development of flexible and scaleable business applications at lower overall cost and reduced risk. Founded in 1988, SELECT has direct operations in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe Europe (y r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). and Australia Australia (ôstrāl`yə), smallest continent, between the Indian and Pacific oceans. With the island state of Tasmania to the south, the continent makes up the Commonwealth of Australia, a federal parliamentary state (2005 est. pop. , and distributors covering 31 countries throughout the world. Base Ten Systems is a leading software technology company, focused on execution systems and services for the pharmaceutical, chemicals and medical products industries. Through installation of BASE10(tm) software, the company's customers around the world can enjoy more effective regulatory compliance, improved manufacturing flexibility and reduced production cycle time. BASE10(tm) execution systems are readily integrated with complementary software partners as manufacturers consolidate their operations into global supply chain processes. You can learn more about Base Ten Systems by visiting its web site at www.base10.com. (a) Forward Looking Statements The foregoing contains "forward looking information" within the meaning of The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward looking statements may be identified by an "a" in parenthesis parenthesis: see punctuation. The left parenthesis "(" and right parenthesis ")" are used to delineate one expression from another. For example, in the query list for size="34" and (color = "red" or color ="green") ("(a)") or by such forward looking terminology as "may", "will", "believe", "anticipate", "expect", or similar words or variations thereof. Such 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. involve certain significant risks and uncertainties. Important factors that the Company believes may cause actual results to differ materially from such forward looking statements are discussed in the "Risk Factors," "Business" and "MD&A" sections of the company's current S-3 registration statements and annual and quarterly reports on file with the Securities and Exchange Commission. Additional risk factors include the effectiveness of software and the ability of software to operate without "bugs" in the technology and acceptance of the release by customers and actual rollout. In assessing such forward looking statements you are urged to read carefully those reports and other filings. The Company does not undertake to publicly update or revise its forward looking statements even if experience or future changes indicate that any such results or event (expressed or implied) will not be realized. |
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