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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote ()6/29/2000 1:01:00 PM
From: Wayne Rumball  Read Replies (1) of 11130
 
HOUSTON, Jun 29, 2000 (BUSINESS WIRE) -- ebaseOne Corporation (OTCBB:EBAS), an
emerging leader in the Application Infrastructure and Service Provider (AISP)
market, officially announced today its first fully operational Global Command
Center located in Houston. Images of ebaseOne's new global command center can be
viewed online at ebaseone.com.

The ebaseOne Global Command Center (GCC) is one of the most sophisticated
network operation facilities servicing customers in the AISP industry. The
ebaseOne Global Command Center enables the company's top-notch technical staff
to proactively manage many types of communications and applications navigating
through its SONET IP-based network. The GCC is an 18,000 square foot facility
that provides customers with applications management, monitoring, provisioning,
security, back-up, recovery and billing solutions supported by the company's top
tier technology providers, including Cisco (Nasdaq:CSCO), Sun Microsystems
(Nasdaq:SUNW), Hewlett-Packard (NYSE:HWP), Marimba (Nasdaq:MRBA), Portal
Software (Nasdaq:PRSF) and Narus.

"The opening of our initial state-of-the-art Global Command Center is yet
another successful milestone in the execution of our business plan and a clear
representation of our commitment to superior customer service and exceptional
network and applications management," states Charles Skamser, president and CEO
of ebaseOne Corporation. "Having toured many of our competitors' facilities, I
consider our initial GCC to be among the very finest in the industry and
definitely a competitive advantage to attract new clients and employee talent.
Therefore, I would like to publicly thank David Tippett, vice president of
technical operations for ebaseOne, and his staff, for getting this complex
construction project done on time and under budget. If the way in which this
initial facility was completed is any future indication, I am confident that our
additional centers will easily be completed as planned," adds Skamser.

The new network operations facility significantly enhances the company's ability
to continue to outpace the industry in providing exceptional service for its
expanding customer base. This facility allows ebaseOne the ability to
efficiently provision additional systems and maximize availability while
performing at optimal levels. The GCC is fully operational, physically manned
around the clock and protected by the latest in biometric access control
systems, security guards and IP-based video surveillance.

The new center officially began managing all of the company's and its customer's
applications and operations on April 17, 2000, after the initial groundbreaking
in early March. Through an accelerated design phase the facility reached
completion within an unprecedented six weeks.

Jim O'Neal, president of Facilities Design of Houston, designed the new Global
Command Center. "ebaseOne's excellent management team and their direct
involvement allowed us to bring this phenomenal center to fruition under extreme
deadlines," says O'Neal.

David Conine, vice president of Constructors Inc. coordinated and supervised the
construction of the project.

One of my goals for the center was to not only build what I consider to be one
of the finest facilities of its kind, but also create an environment conducive
to optimal productivity for our employees who manage this 24 hour operation.
This facility provides an outstanding work environment for our growing technical
operations and customer service staff," says David Tippett, vice president of
technical operations.

"It's amazing what we have accomplished in the last 9 months. In November of
1999, with the $9 million in the bank we had just raised, I asked my technical
team to build our initial world-class data center, our initial state-of-the-art
global command center, outfit both facilities with the best technology and
software and hire the technical staff necessary to become a leading provider in
the ASP industry," indicates Skamser. "I think that they have more than
accomplished their mission," adds Skamser.


About ebaseOne Corporation

ebaseOne Corporation is an emerging leader in the Application Infrastructure and
Service Provider (AISP) marketplace, delivering a complete range of hosting,
network and support services for small and medium size enterprises. Utilizing
technology from industry leaders like Cisco Systems, Sun Microsystems, Marimba,
Portal Software and Hewlett-Packard, the company delivers real-time access to a
fully integrated suite of enterprise-class software applications, as well as
hosting environments for proprietary software applications. The ebaseOne service
solution includes "Fortune 100" class data centers, 24 hour applications network
monitoring, sophisticated security systems and customer service support, all for
a flat monthly fee. The ebaseOne mission is to provide business professionals
with complete computing solutions, enabling them to focus on their core
competencies, rather than technology issues.

ebaseOne is an executive member of the ASP industry consortium, a member of the
Cisco Hosted Application Initiative (CHAI), an executive member of the Sun
ServiceProvider.Com program, a member of the HP OpenView Outsourcing program and
a certified Microsoft Solutions Provider. Led by a senior management team with
years of experience in the technology and technology management industry,
ebaseOne is headquartered in Houston and can be reached at 713/975-8700 or via
its Web site at ebaseone.com.

All trademarks are the property of their respective owners. ebaseOne strategic
partners and providers are publicly traded on Nasdaq and on the NYSE.

Certain statements in this press release, including statements concerning
ebaseOne Corporation's plans, intentions and expectations, are "forward-looking
statements" within the meaning of the Securities Act of 1933, as amended.
Forward-looking statements are based on the opinions and estimates of management
at the time the statements are made and are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
anticipated in the forward-looking statements. The words "believe," "expect,"
"intend," "anticipate," variations of such words, and similar expressions
identify forward-looking statements, but their absence does not mean that the
statement is not forward-looking. These statements are not guaranties of future
performance and are subject to certain risks, uncertainties and assumptions that
are difficult to predict. Factors that could affect ebaseOne's actual results
include, but are not limited to, the "Risk Factors" described in our Securities
and Exchange Commission filings. Readers are cautioned not to place undue
reliance upon these forward-looking statements that speak only as to the date of
this release. ebaseOne undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events or circumstances
after the date of this release or to reflect the occurrence of unanticipated
events. Merger Communications (Merger) is a media relations firm employed by the
Company. Merger and the company believe that all information in this release has
been obtained from sources considered reliable, but cannot guarantee that the
statements presented herein are accurate or complete. According to an agreement
ending 9/21/00 between Merger and the company, Merger's compensation for its
services, which includes the preparation and distribution of press releases,
consists of ten thousand dollars per month. Merger, its officers, directors and
employees currently own eleven hundred shares of the company's stock. Merger
typically has a long position in the securities of the companies in which it
publishes information, and Merger may be buying or selling securities in the
course of its regular business. For more information on Merger's services, visit
www.mergerusa.com.


Source: ebaseOne Corporation

CONTACT: ebaseOne, Houston
Amanda Hansen, 800/211-9360
ahansen@ebaseone.com
or
Merger Communication, Houston
David Drake, 713/572-2560
ddrake@mergerusa.com
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