SCB COMPUTER TECHNOLOGY AWARDED $5.4 MILLION CONTRACT BY MISSISSIPPI DEPARTMENT OF HUMAN SERVICES FOR YEAR 2000 WORK.MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--Sept. 16, 1997--SCB Computer Technology, Inc. (Nasdaq:NM/SCBI) today announced that it has been awarded a $5.4 million contract by the Mississippi Department of Human Services for all of the Department's Year 2000 conversion and consulting work. The contract is for work during the 14-month period beginning October 1, 1997. Ben C. Bryant, Jr., president and chief executive officer of SCB ScB abbr. Latin Scientiae Baccalaureus (Bachelor of Science) , said, "We are very pleased to have been awarded this professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. contract. We have been providing professional services to the state of Mississippi since 1980. The contract is confirmation of our strategy to expand within the state and local government arena while building upon our existing long-term client relationships and growing our Year 2000 business. Providing services to state and local governments is an area in which SCB has developed a great deal of expertise, and we look forward to helping Mississippi with their Year 2000 conversion as quickly and cost effectively as possible." Bryant went on to say, "We will expand our facilities in Jackson, Mississippi Jackson is the capital and the most populous city of the U.S. State of Mississippi. It is one of the county seats of Hinds County; Raymond is the other county seat. As of the 2000 census Jackson's population was 184,256. , to accommodate a Year 2000 factory which will use appropriate automated tools for the assessment and repair of program code, including our proprietary development tools in our Pro2000sm suite of services." This release contains certain 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. regarding the anticipated financial and operating results of the Company. The Company's actual results may differ materially from those projected in forward-looking statements made by, or on behalf of, the Company. These forward-looking statements may be affected by certain risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. SCB Computer Technology is a provider of information technology (IT) management and technical services. Its services are divided into five general categories: (1) consulting, including advising clients on acquiring and utilizing systems, planning and designing new systems, and re-engineering existing systems; (2) outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , including maintenance, software development and data center management; (3) professional staffing services, including providing skilled technical employees on an as-needed basis; (4) telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. consulting, including ProWatch(SM), a proactive enterprise systems monitoring and management tool for voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. networks; and (5) Year 2000 consulting, including Pro2000sm, a suite of services that address solutions to the millennium transition. The Company's primary customers are state and local governments, public utilities, Fortune 500 companies and other large organizations. CONTACT: SCB Computer Technology Inc., Memphis Ben C. Bryant Jr. or Gary McCarter, 901/754-6577 |
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