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Crystal Systems Solutions Announces Fourth Quarter and Year-End Results on February 14th, 2002 and hosts a Conference Call.


Business Editors

HERZLIYA, Israel--(BUSINESS WIRE)--Feb. 11, 2002

Crystal Systems Solutions (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CRYS) will report its fourth quarter and year-end results on Thursday, February 14th, 2002 before the market opening and host a conference call at 12:00 P.M. Eastern Standard Time.

Crystal is a global provider of leading software products and tools for the 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,
 of existing legacy applications.

Conference Call Details:

Gad Goldstein, Chairman of the Board, and Iris Yahal, Chief Financial Officer will discuss the fourth quarter and year-end results and will be available to answer questions. The conference call will be held on:

Thursday 14th, February 2002 at 12:00 P.M. (EST EST electroshock therapy.

EST
abbr.
electroshock therapy
).

Interested parties are welcome to call the telephone numbers listed below, five to ten minutes prior to the start of the conference call.

In the US call: (888) 273-9891

Outside the US call: (612) 332-0720

Callers should reference "Crystal Systems Solutions Fourth Quarter Results" to the AT&T conference call operator.

An automated replay of the conference call will be available from February 14th 10:30 P.M. until February 16th at 11:59 P.M. (EST) To access the replay please call (USA) 1-800-475-6701 (International) 1-320-365-3844 and enter Crystal's access code of 627461.

About Crystal Systems Solutions

Crystal Systems Solutions Ltd. (NASDAQ:CRYS) develops and markets software tools and provides 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"
 for efficient modernization of legacy systems and cross-platform migrations. Crystal provides comprehensive enterprise products spanning mainframe, midrange midrange Epidemiology The halfway point or midpoint in a set of observations; for most data, MR is calculated as the sum of the smallest observation and the largest observation, divided by 2; for age data, one is added to the numerator; a midrange is usually , and client/server computing platforms See platform. . Crystal has enhanced its expertise through the successful completion of projects for Fortune 1000 prestigious organizations, establishing solid credibility, and achieving global recognition and presence. Crystal is totally committed to supporting its customers, both directly and via its partners, offering end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved.

Compare: turn-key solution.
 through consultancy, assistance, and service in conjunction with its wide variety of proprietary software tools. For more information, please visit our web site at http://www.crystal-sys.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 developing proprietary software products, and providing computer-based solutions.

Certain statements contained in this release may be deemed 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.
, with respect to plans, projections, or future performance of the Company, the occurrence of which involves certain risks and uncertainties that could cause actual plans to differ materially from these statements. These risks and uncertainties include but are not limited to: market demand for the Company's tools, successful implementation of the Company's tools, competitive factors, the ability to manage the Company's growth, the ability to recruit and retrain re·train  
tr. & intr.v. re·trained, re·train·ing, re·trains
To train or undergo training again.



re·train
 additional software personnel, and the ability to develop new business lines.

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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:7ISRA
Date:Feb 11, 2002
Words:453
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