4Front Technologies, Inc. Enters Into European Training Partnership With Vignette
- Partnership Expands 4Front's E-Commerce Consulting and Training Capabilities -
LONDON--(BUSINESS WIRE)--June 24, 1999-- 4Front Technologies, Inc. (''4Front'') (Nasdaq NM/Easdaq: FFTI) today announced that its training and education services arm, Penagen Training, has entered into a pan-European training partnership with Vignette Corporation, the leading US Internet-commerce software and service company. 4Front's training partnership with Vignette will initially commence in the UK and then will be expanded to its operations in Continental Europe. 4Front has a strong IT presence in the markets of the UK, France, Italy and Belgium and is aiming to establish a presence in the remaining leading European IT service markets by the end of the year.
4Front acquired Penagen Training in October last year.It has been one of 4Front's fastest growing business areas, as revenues for Penagen have already more than doubled since the acquisition.
Anil Doshi, Chairman and CEO of 4Front, said, ''4Front intends to build a greater presence in Internet related business and this partnership with Vignette is an important step in broadening our e-commerce industry involvement. The partnership reflects the growing strength of 4Front's operating network in Europe, where further opportunities in the e-commerce marketplace are likely to be immense. We look forward to working with Vignette as they seek to develop these opportunities.''
About 4Front Technologies:
4Front Technologies, Inc., is a leading provider of information technology and outsourcing solutions, which consist of specialised computer services and complementary products, primarily to blue-chip corporations in the United Kingdom and Continental Europe. 4Front's services and solutions include hardware maintenance, help desk support, training, network services, specialised software services and products and the supply of high-end storage systems. 4Front's customers include British Petroleum, British Telecom, Telecom Italia, Computer Sciences Corp., Dupont, IBM, Cegedim, Renault, Energis, Pfizer, Cariplo, JP Morgan and the UK Ministry of Defence. Additional information on 4Front can be found on the Company's website at 4fti.com.
About Vignette Corp.:
Vignette Corporation, the leader in the category of Internet Relationship Management (IRM) software products and services, provides enterprise solutions for companies that are building businesses online. More than 225 global companies, including First Union National Bank, US West, National Semiconductor, DaimlerChrysler, Nokia, Qualcomm, CNET, Bertelsmann and Ziff-Davis' ZDNet, use Vignette solutions as part of their online strategy. Vignette has won numerous industry awards including the Red Herring Magazine's 1999 Top 50 public companies list; Red Herring Magazine's Best Overall Private Company in 1998 and 1998 Best Product Award for StoryServer; and Crossroads A-list Award. In April 1999, the company's StoryServer(TM) 4 was included in the Permanent Research Collection on Information Technology at the Smithsonian's National Museum of American History.
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Contact:
Investor Relations Contact:
Abernathy MacGregor Frank
Jason Thompson (U.S. Investor Relations)
212/371-5999
or
Shandwick Consultants
Matthew Hooper (U.K. Investor Relations)
011-44-171-329-0096
or
Company Contact:
4Front Technologies, Inc.
Mark Ellis or Ken Newell
011-44-171-269-5848 |
