ATLANTA--(BUSINESS WIRE)--July 12, 1999--
Harbinger Corporation (NASDAQ:HRBC.O), a worldwide supplier of Electronic Commerce software, services and solutions, announced today that it has been selected by the U.S. Department of Interior (DOI) to outsource a major component of its Mineral Management Service (MMS) Electronic Commerce program. Through a potential five-year contract, worth more than $1.5 million in its first year, Harbinger will implement Electronic Commerce solutions for MMS mineral reporters; companies that report production and royalties associated with federal and Indian mineral leases. Both MMS and its reporters will see immediate efficiencies by moving to Web-based electronic reporting. The system will be built on the harbinger.net(SM) Electronic Commerce portal infrastructure and the Harbinger Express 4.0 Web forms technology. The harbinger.net service supports a variety of tools and applications needed for exchanging business documents, including on-network data translation, Web-based E-forms and application hosting. Beginning this fall, Harbinger will enable participating companies to create reports with an electronic Web form for secure transmission to MMS each month. Harbinger will collect the reports and translate them into a common E-Commerce format before routing them on to MMS for processing. MMS receives information regarding reports and royalties from approximately 3,700 reporters each month. Revenues associated with these reports amount to more than $4 billion each year and are distributed to the U.S. Treasury, recipient states and Indians. "The MMS has determined that the most efficient and convenient way to enable 100 percent of our reporters to submit their monthly reports electronically is to retain an Electronic Commerce service provider," said Lucy Querques Denett, Associate Director for the MMS Royalty Management Program. "We are confident that the solutions provided by Harbinger will result in fewer data errors at both ends of the reporting process. Moreover, the new MMS Electronic Commerce program will offer secure data transmissions, last-minute reporting capabilities, an automated receipt feature and reduced costs for reporters and the MMS," she added. "As more and more government agencies identify the cost savings and benefits to be had from Electronic Commerce, they're investing in Internet-based solutions such as harbinger.net," said Eric Christ, Senior Director of harbinger.net. "Harbinger is committed to providing solutions that help government agencies connect electronically to their trading communities, big and small."
About Harbinger
Harbinger Corporation is a leading worldwide provider of business-to-business Electronic Commerce software, services and solutions. The company maximizes its customers' business potential with comprehensive, scalable E-Commerce solutions that help streamline operations, increase profitability and build electronic trading communities. Harbinger's objective is to serve more customers using Internet Protocols (IP) than any other provider and to establish harbinger.net(SM) as the preferred transaction portal for E-Commerce information and mission-critical, business-to-business E-Commerce transactions. Headquartered in Atlanta, Georgia, Harbinger provides worldwide support to its customer community from multiple U.S. and overseas operations facilities. For more information, visit www.harbinger.com.
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Harbinger Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of our operating results, the ability to compete successfully and the ability to integrate acquired companies. Additional factors are set forth in the Safe Harbor Compliance Statement for Forward-looking Statements included as Exhibit 99.1 to the Company's Annual Report on Form 10-K for the year ended December 31, 1998. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Harbinger and the Harbinger logo are registered trademarks, and harbinger.net is a service mark of Harbinger Corporation. All other company and product names referenced herein are registered trademarks
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CONTACT: Harbinger Corporation Wendy Gold, 404/467-3343 wendy.gold@harbinger.com or GCI Group Debbie Sorokin, 404/870-3847 dsorokin@gcigroup.com
KEYWORD: GEORGIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET GOVERNMENT
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