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Background
The HOLLIS II system (Harvard OnLine Library Information System Integrated Library System) has been in the planning for some years.
Taos from DRA was selected in June 1998 but since then delays in the implementation of the system at UCLA had lead Harvard to re-examine the Ex-Libris system which was also evaluated in 1998. Harvard have monitored the progress at UCLA but finally decided to withdraw from negotiations. It is not clear whether the contest for the new system will be re-opened from scratch or whether Ex-Libris, whose North American credibility has grown enormously since the original selection of Taos, will be the simple replacement.
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Press release 12th October 2000
DRA Confirms Discontinuation of Contract Negotiations with Harvard
ST. LOUIS, Oct.
12 /PRNewswire/ -- Data Research Associates, Inc. (DRA) (Nasdaq: DRAI) confirmed today that Harvard University is no longer negotiating a contract to install DRA's Taos system as the basis for HOLLIS II, Harvard's next-generation library automation project. DRA President and CEO Michael J. Mellinger noted that the Taos system, which has a high level of flexibility and is scalable to any size library, is currently being actively implemented at both new and existing customer sites.
Data Research Associates, Inc., headquartered in St.
Louis, is a leading systems integrator for libraries and other information providers, offering its own proprietary information services software, third-party software and hardware, Internet, World Wide Web, networking services and other related support services. Its World Wide Web page is located at http://www.DRA.com .
This news release contains forward-looking statements, including statements as to anticipated or expected results, beliefs, opinions and future
financial performance. These forward-looking statements are based on current expectations and assumptions and involve risks and uncertainties that could cause DRA's actual results to differ materially.
Specific risk factors for the statements contained herein include, but are not limited to, the Company's ability to continue to enhance the Taos product; customer acceptance of that Product; DRA's ability to meet
installation schedules; and timing of negotiations for sites who have selected Taos but have not yet signed a contract.
Some of these risk factors, as well as additional risk factors, are discussed in detail in DRA's Annual Report and in Exhibit 99-1 of its Form 10- K for fiscal year 1999. DRA does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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