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Crystal Systems Solutions Announces Third Quarter Results on November 18th, 2002 and Hosts a Conference Call -- NASDAQ:CRYS.


Business Editors

HERZLIYA, Israel--(BUSINESS WIRE)--Nov. 12, 2002

Crystal Systems Solutions (Nasdaq:CRYS) will report its third quarter results on Monday, November 18th, 2002 before the market opening and host a conference call at 10:00 A.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 third quarter results and will be available to answer questions. The conference call will be held on

Monday 18th, Monday 2002 at 10:00 A.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: 800/288-8976

Outside the US call: 612/332-0630

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

An automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 replay of the conference call will be available from November 18th 02:00 P.M. until November 20th at 11:59 P.M. (EST). To access the replay please call (USA) 800/475-6701 (International) 320/365-3844 and enter Crystal's access code of 660639.

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.

Note to Editors: All names and trademarks are their owner's property.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
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:Nov 12, 2002
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