CTG Provides Additional Details of Year 2000 Contract With FBL Financial Group Inc.BUFFALO, N.Y.--(BUSINESS WIRE)--April 14, 1998--CTG (NYSE NYSE See: New York Stock Exchange : TSK tsk interj. Used to express disappointment or sympathy. n. A sucking noise made by suddenly releasing the tongue from the hard palate, used to express disappointment or sympathy. ) today provided additional details regarding its contract to provide Year 2000 (Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 ) compliance services to FBL FBL Full Bell Lines (coin grading) FBL Fly by Light FBL FIATA Bill of Lading FBL Functional Baseline FBL Foundation for a Better Life FBL Federal Barge Lines, Inc. Financial Group Inc. (NYSE: FFG FFG Forschungsförderungsgesellschaft (German: Austrian research promotion agency) FFG Flash Flood Guidance FFG Guided Missile Frigate FFG Fall from Grace (band) FFG Fast Frigates FFG Freeware Flight Group ) and certain affiliates. This expands on the original announcement of this contract, which was disclosed in a news release dated March 25, 1998. CTG CTG Cartridge CTG Center for Technology in Government (SUNY, Albany, New York) CTG Center for Technology in Government CTG Computer Task Group (IT consulting company; Buffalo, NY, USA) was engaged in May 1997 to assist FBL Financial Group and several of its affiliates with the upgrading of their information systems code to recognize the Y2K date change. Work on the project, which is being managed by FBL, began in May 1997 and is expected to be completed by December 31, 1998. Total revenues for the project are expected to be approximately $3 million, of which $1.089 million was earned during 1997. Of the total project, more than one-half is for non-subsidiary affiliates of the publicly held FBL Financial Group. FBL Financial Group underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses in 15 midwestern and western states, including approximately 700,000 Farm Bureau member families, through an exclusive agency force. FBL's affiliates include five property-casualty insurance companies that write property and liability coverages to individuals and small businesses using the same agency force. CTG (NYSE: TSK) is a leading information technology (IT) services company that manages IT services and provides IT solutions to Fortune 500 and other companies through strategic partnerships. Backed by 30+ years' experience, CTG's ability to manage IT services and assume responsibility for results has helped corporations worldwide focus on their businesses and excel in their markets. Our 55 offices 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. and Europe, more than 6,000 IT professionals, suite of proprietary service methodologies, strong project management expertise and CTG-SmartSource, a proactive recruiting approach, make us one of the industry's largest and most responsive providers of managed IT services. -0- Today's news release, along with CTG news releases for the past year, is available by fax at no charge by calling Corporate News on the Net at (800) 742-7505. Additional information about CTG is available on the World Wide Web at these addresses: http://www.ctg.com and http://www.businesswire.com/cnn/tsk/htm. CONTACT: Amy Hayes Atkinson CTG Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most (716) 887-7299 amy.atkinson@ctg.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion