| COVANSYS SCHEDULES CONFERENCE CALL FOR AUGUST 5, 2004 TO DISCUSS FIRST AND SECOND QUARTER 2004 FINANCIAL RESULTS
Monday August 2, 9:18 am ET
FARMINGTON HILLS, Mich., Aug. 2 /PRNewswire-FirstCall/ -- Covansys
Corporation (Nasdaq: CVNSE - News), a worldwide provider of information
technology services, today announced that the Company will host
a conference call on Thursday, August 5, 2004 at 10:00 a.m. Eastern
Time to discuss its financial results for the quarters ended
March 31, 2004 and June 30, 2004.
Interested parties may access the call by dialing 877-407-8982,
or 201-689-8338 from outside North America. The call may also be
accessed via the Internet at the company's website, http://www.covansys.com.
A replay of the call will be available beginning at approximately
1:00 p.m. on August 5 through midnight on August 12 by dialing
877-660-6853 or 201-612-7415 and referencing account number 1628
and conference ID 113633. The replay will also be available on
the company's website, http://www.covansys.com, for 90 days.
About Covansys
Covansys Corporation, (Nasdaq: CVNSE - News), is a global consulting
and technology services company specializing in industry-specific
solutions, strategic outsourcing and integration services through
a unique onsite, off- site, offshore delivery model that helps
clients achieve rapid deployment, world-class quality and reduced
costs. Founded in 1985, Covansys has successfully delivered an
array of innovative and cost-effective business and technical solutions
to leaders in the private and public sectors. With one of the largest
offshore capabilities of any technology services provider based
in the United States, Covansys has achieved the SEI's CMM® Level
5 quality ratings at two of its offshore development centers in
India.
Safe Harbor Statement
With the exception of statements regarding historical matters
and statements concerning our current status, certain matters discussed
herein are forward-looking statements that involve substantial
risks and uncertainties. Such forward-looking statements may be
identified by the words "anticipate," "believe," "estimate," "expect" or "intend" and
similar expressions. Our actual results, performance or achievements
could differ materially from these forward-looking statements.
Factors that could cause or contribute to such material differences
include general economic conditions and conditions in the IT industry
such as the demand for IT services, public sector government budgetary
constraints, potential cost overruns on fixed-price projects, effective
application of the percentage of completion method of accounting
for fixed priced contracts, risks related to merger, acquisition
and strategic investment strategy, variability of operating results,
government regulation of immigration, exposure to regulatory, political
and economic conditions in India and Asia, competition in the IT
services industry, the short-term nature and termination provisions
of contracts, economic conditions unique to clients in specific
industries and limited protection of intellectual property rights.
These and other factors are described in the Company's filings
with the U.S. Securities and Exchange Commission.
Source: Covansys Corporation
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