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Monday November 1, 9:15 am Eastern Time
Company Press Release
SOURCE: HyperDynamics Corporation
HyperDynamics Corporation Announces e-Business and IT Hosting Project With DryDiaper.com, Ltd.
HOUSTON, Nov. 1 /PRNewswire/ -- HyperDynamics Corporation (OTC Bulletin Board: HYPD - news), a premier ITSP (information technology service provider), today announced that its wholly owned subsidiary, IThost.net Corporation, has closed a new e-Business and IT Hosting agreement with DryDiaper.com, Ltd. The agreement calls for IThost.net to provide a turnkey solution including hardware, software, implementation and hosting services for a fully integrated system including a web storefront, financial management, inventory and distribution control, manufacturing and customer relationship management.
``We chose IThost.net because of their ability to be a single source solution provider,' said Paul Stork, partner DryDiaper.com. He further stated, ``IThost.net provided us with a solution that was complete, integrated, scalable and affordable. The prime benefit to us is having them host our applications so we can concentrate on selling diapers and not being computer experts. The disposable diaper industry is particularly well suited for Internet marketing and eCommerce.' DryDiaper.com's current website address is www.drybabies.com. DryDiaper.com provides an economical and convenient manner for consumers to buy diapers and other baby care products. DryDiaper.com's potential for growth is enormous, as the domestic disposable diaper market is estimated at five billion dollars per year.
``Our ability to provide DryDiaper.com with a comprehensive proven solution stems from the fact that our approach is to use the best-of-breed off-the-shelf hardware and software and adapt it to the customer requirements,' said Harry James Briers, President of IThost.net. ``We are using Intel servers, Microsoft software for the servers, Citrix software for hosting access and Great Plains eEnterprise software for the business management portion of the solution. The problem, in the past, is that many e-commerce systems have taken too long to implement, cost too much and didn't communicate with the rest of business's information systems. We fix those problems. The end result is DryDiaper.com will have an integrated solution that can be implemented quickly, cost-effectively and will be able to handle the anticipated growth requirements.'
IThost.net
IThost.net is the wholly owned subsidiary of HyperDynamics Corporation (OTC Bulletin Board: HYPD - news), a premier ITSP (information technology service provider). Since 1988, IThost.net and its subsidiary, MicroData Systems, Inc., have been working together to provide their customers with a virtual IT (information technology) department. IThost.net focuses on enterprise level application software, eBusiness and application hosting services. MicroData Systems, Inc. focuses on traditional IT functions such as infrastructure, hardware, and systems integration. More information about MicroData Systems, Inc. and IThost.net can be found at www.hyperdynamics.com.
Contact: Kent Watts of HyperDynamics Corporation, 713-660-9771; or Investor: Diann Tongco of The Compass Point Group, Inc., 619-525-0800, dt@compasspointgroup.com, for HyperDynamics Corporation
SOURCE: HyperDynamics Corporation
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