Friday November 9, 5:16 am Eastern Time

Crystal Systems Solutions Announces Third Quarter Results on November 14th, 2001 and hosts a Conference Call

HERZLIYA, Israel--(BUSINESS WIRE)--November 09, 2001--Crystal Systems Solutions Ltd (Nasdaq:CRYS - news) will report its third quarter results on Wednesday, November 14th, 2001 before the market opening and host a conference call at 12:00 P.M. Eastern Standard Time.

Crystal is a leading provider of software modernization tools and services for complex migration and conversion projects.

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 Wednesday 14th, November 2001 at 12:00 P.M. (EST).

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: (866) 580-3165 Outside the US call: (847) 944-7122

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

An automated replay of the conference call will be available from November 14th 03:30 P.M. until November 16th at 5:00 P.M. (EST)

To access the replay please call (USA) 1-800-475-6701 (International) 1-320-365-3844 and enter Crystal's access code of 611489.

About Crystal Systems Solutions

Crystal Systems Solutions Ltd. (Nasdaq:CRYS - news) develops and markets software tools and provides consulting services for efficient modernization of legacy systems and cross-platform migrations.

Crystal provides comprehensive enterprise products spanning mainframe, midrange, and client/server computing platforms. 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 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.

Certain statements contained in this release may be deemed forward-looking statements, 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 additional software personnel, and the ability to develop new business lines.

All names and trademarks are their owner's property.

Contact:
Crystal Systems Solutions, Tel Aviv
Iris Yahal, +972-9-9526110