CNRS wins award ... Cornerstone Internet Solutions Wins 1999 Microsoft Impact Technology Award
NEW YORK, June 18 /PRNewswire/ -- Cornerstone Internet Solutions (Nasdaq: CNRS - news), a leading Internet professional services firm affiliated with USWeb/CKS Corporation, today announced that it was awarded the Microsoft Impact Technology Award for the development of online computer product superstore Computers4Sure. Covering Microsoft's NY Metro, NJ & Upstate District, the award recognizes innovative computer technology solutions that change the way businesses of all sizes operate in today's fast-paced Internet economy. This recognition marks the second consecutive year that Cornerstone has won the Impact Technology Award.
''This is a great honor for all of us at Cornerstone,'' said David Rowe, COO of Cornerstone Internet Solutions. ''The award further demonstrates our ability to develop and deliver premier e-commerce solutions that compete at the highest level of web-based commerce. The Computers4Sure website is a classic example of the results we produce for our world-class clients by leveraging our broad spectrum of expertise in technology, creative design and strategic services.''
The Computers4Sure online superstore offers over 45,000 premium computer products provided by the world's largest wholesale distributor, Ingram Micro, Inc. The state-of-the-art site also provides pricing and availability in real time, 24 hours a day, 7 days a week and offers secure online purchasing with major credit cards.
''We are proud to have met the challenges in creating high-end e-commerce business sites and to be recognized for our work with Microsoft technology,'' said Ed Schroeder, President/CEO Cornerstone Internet Solutions. ''We look forward to next year's contest.''
The Microsoft products used in creating and operating the award-winning e- commerce site include Microsoft Site Server v3 Commerce Edition, SQL Server 6.5/7.0, Visual Interdev & Sourcesafe 6.0, Windows NT and Internet Information Server.
This is the second year in a row that Cornerstone Internet Solutions has been distinguished with the prestigious Microsoft award. Last year Cornerstone won for the work completed for NewCourt Financial (formally AT&T Credit). ''DealerLink,'' an extranet e-commerce site developed by Cornerstone, has streamlined NewCourt's credit application process and increased the company's productivity substantially. Subsequent to last year's award, Cornerstone has done additional work with NewCourt Financial to extend the functionality of the site by creating ''SalesLink'' to support the Lucent sales force.
About Cornerstone Internet Solutions
Cornerstone Internet Solutions Inc. (Nasdaq: CNRS - news) operates two subsidiaries, USWeb/CKS Cornerstone and B2Bgalaxy.com, that are in separate but synergistic Internet businesses.
USWeb/CKS Cornerstone is a wholly-owned subsidiary of Cornerstone Internet Solutions Inc. and an independent affiliate of USWeb/CKS Corporation. USWeb/CKS Cornerstone is a full-service Internet consulting firm that uses a combination of strategic planning, technology and creative expertise to provide clients with successful solutions.
B2Bgalaxy.com, a majority-owned subsidiary, leverages Cornerstone's expertise in business consulting, Internet technology and the development of business and e-commerce solutions to create industry-specific business-to- business e-commerce portals that link buyers and sellers through competitive on-line bidding and focuses on improving profitability. FOODgalaxy.com, the portal for the foodservice industry, was launched in May. Additional portals are expected to be launched during 1999.
About Microsoft
Founded in 1975, Microsoft (Nasdaq: MSFT - news) is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take advantage of the full power of personal computing every day.
USWeb/CKS and the USWeb/CKS logo are trademarks of USWeb/CKS Corporation.
Some paragraphs of this week's news release, particularly those describing Cornerstone's projects and anticipated revenues, contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Cornerstone is working to complete these projects to its clients' complete satisfaction, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in implementing desired features, delays in completing the project, technical challenges, cost overruns, changes in design and so on, any of which could have an adverse effect on the company's relationship with its clients, the company's reputation in the industry or the company's expected financial return from undertaking the project. Factors such as these could have an adverse effect on the company's results of operations. In light of significant uncertainties inherent in forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
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