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HOECHST CELANESE, HERON INC. FORM NEW COMPANY TO PROVIDE CONTRACT SYSTEMS PERSONNEL

 CHARLOTTE, N.C., April 1 /PRNewswire/ -- Hoechst Celanese and Heron Inc. are fielding a new player in the burgeoning U.S. contract computer programmer market, which is projected to continue growing at an annual rate of 12 to 14 percent per year.
 Osprey Systems Inc., the new Charlotte-based company, is 100 percent owned by Heron, a local project management and consulting firm led by Olin H. Broadway Jr. and David P. Rizzo, chairman and chief executive officer and president and chief operating officer, respectively.
 Hoechst Celanese, Osprey's first client, has a financial arrangement with Heron and Osprey granting Hoechst Celanese the option of acquiring an equity position in Osprey in the future.
 Osprey will provide programmers on a contract basis to locations of the Hoechst Celanese Textile Fibers and Technical Fibers groups and other companies in the Carolinas and Virginia.
 Major emphasis initially, according to Osprey President Al Bush, a former IBM sales and marketing executive, will be upon firms in Charlotte-Mecklenburg and surrounding counties.
 Hoechst Celanese has contracted with Osprey for 15 applications programmers, analysts, technical writers and data-base designers per year for three years.
 For Hoechst Celanese's Textile Fibers and Technical Fibers groups, the Osprey venture continues a four-year, information services restructuring. This restructuring has included the replacing of an IBM mainframe operation with a local-area-network of micro and minicomputers and outsourcing the handling of responses to day-to-day employee end-user computing questions and problems.
 Those actions have resulted in a state-of-the-art office environment, much improved business systems and service to Hoechst Celanese customers through an electronic data interchange capability and downsizing from 104 to 45 internal positions.
 No full-time Hoechst Celanese positions are affected by the company's involvement with Osprey, which takes the company's information services restructuring one step further by consolidating external contracting with a single firm.
 Approximately 15 to 20 of the 25 contract personnel currently working at Hoechst Celanese facilities will be considered for employment by Osprey. Most of the other personnel have skills outside Osprey's scope, such as process-control-system programming.
 Hoechst Celanese's W. Moubray Beaty Jr., vice president, finance and administration, fibers, says, "The Osprey approach has several advantages for Hoechst Celanese's fibers facilities, including a greater skills mass and depth from which to draw and improved continuity of contract personnel from Osprey.
 "This relationship provides Heron and Osprey a jump-start in their field of business and Hoechst Celanese more influence over a vital service. The services provided by Heron and Osprey doubtless will be much in demand as a result of the accelerating rightsizing, outsourcing and re-engineering initiatives of U.S. business and industry."
 Hoechst Celanese has no plans to outsource the management of its various information services projects and will retain on its payroll individuals with critical knowledge and skills in such areas as local- area-network technical support and applications integration and design.
 Osprey is expected to have "high credibility" in the marketplace, according to Rizzo, "because of its close relationship with a prestigious client, Hoechst Celanese, and that client's close relationship with Heron, its parent firm.
 "Heron and Osprey both also will benefit at the outset from the annual volume of business assured by Hoechst Celanese and from Heron's and Hoechst Celanese's mutual expectation that the business will reinvest to grow."
 Osprey Systems Inc. will operate from Heron Inc.'s Charlotte headquarters at 214 North Church St., Suite 210.
 Hoechst Celanese, a wholly owned subsidiary of Hoechst AG of Germany, has leading positions in chemicals, fibers and films, advanced materials and technologies and the life sciences.
 -0- 4/1/93
 /CONTACT: James P. Allen of Hoechst Celanese Corporation, 704-554-2224/


CO: Hoechst Celanese Corporation; Heron Inc.; Osprey Systems Inc. ST: North Carolina IN: CPR TEX CHM SU: JVN

MM-SB -- CH008 -- 2164 04/01/93 15:31 EST
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Date:Apr 1, 1993
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