Crystal Systems Solutions Announces Date for Its Annual Shareholders Meeting.Business Editors/High-Tech Writers HERZLIA, Israel--(BUSINESS WIRE)--June 17, 2003 Crystal Systems Solutions Ltd. (Nasdaq:CRYS), a global market leader in providing end-to-end IT modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, and cross platform rehosting solutions, today announced that it will hold its Annual General Meeting of Shareholders on Wednesday, July 23rd, 2003 at 10:00 A.M. Israel time, at its offices on 8 Maskit street in Herzlia, Israel. The record date for the meeting is June 19th, 2003. Crystal will send to its shareholders a proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. describing the various matters to be voted upon at the meeting, along with a proxy card A proxy card is an easily-acquired or home-made substitute for a collectible card. A proxy is used when a collectible card game player does not own a card, and it would be impractical for such purposes to acquire the card. enabling them to indicate their vote on each matter. About Crystal Crystal Systems Solutions Ltd. (Nasdaq:CRYS) and its 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. BluePhoenix Solutions develop and market cost effective Enterprise IT Modernization products and solutions that enable clients to extend the ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). of their existing systems through Understanding, Migration, Transformation and Development. The companies have offices throughout the world including the US, UK, Denmark, Germany, Italy, Netherlands, Israel and Cyprus. For more information, please visit our web site at www.crystal-sys.com or www.bluephoenixsolutions.com Crystal Systems Solutions is a member of the Formula Group (Nasdaq:FORTY). The Formula Group is an international information technology company principally engaged, through its subsidiaries and affiliates, in providing software consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , developing proprietary software products, and providing computer-based solutions. This press release is also available at www.crystal-sys.com All names and trademarks are their owners' property. |
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