California Software Hosts Conference Call Detailing Acquisition of HIS.Business/Technology Editors IRVINE, Calif.--(BUSINESS WIRE)--June 20, 2000 California Software Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CAWC CAWC Canadian Association of Wound Care CAWC Companion Animal Welfare Council (UK) CAWC Chicago Abused Women’s Coalition CAWC Cryogenic Aerosol Wafer Cleaning ), a leader in IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) migration products and developer of the award-winning BABY product line, announced that it will hold a conference call today to discuss the positive impacts of its recent acquisition of Hotel Information Systems (HIS), and to detail corporate growth strategies. California Software previously announced it acquired HIS, the market leader in Hospitality software products. Bruce Acacio, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of California Software, stated, "The consolidated operations of HIS and California Software will bring an immediate, significant impact on our sales and earnings for Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 . The HIS acquisition enhances our ability to acquire other select firms which create unique synergies and increase shareholder value." The conference call is scheduled for Tuesday, June 20, 2000 at 4:15 p.m. EST. Those interested in participating in the call should dial 800-888-2647 by 4:10 p.m. The Company invites all shareholders and any other interested parties to participate. A 24-hour replay will be available directly following the call. Interested parties should dial 800-771-1766 to access the replay. California Software management on the call will be Bruce Acacio, President and Chief Executive Officer, Carol Conway, Vice President, and Kate Tague, Marketing and Communications. California Software Corporation is the worldwide leader in IBM Midrange migration software solutions and enjoys over 100,000 installations in 56 countries. The Company's products, marketed under the brand name BABY, support the migration of IBM AS/400 screens and applications into PC-LAN PC-LAN Personal Computer Local Area Network business environments. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
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