EBAS>>> ebaseOne and Cisco Systems Team Up to Deliver Mission Critical Applications To
Mid-Sized Businesses
HOUSTON, Aug. 30 /PRNewswire/ -- ebaseOne Corporation
(OTC Bulletin Board: EBAS), an emerging leader in the Application Service
Provider (ASP) market, today announced that it is joining the Cisco Systems'
(Nasdaq: CSCO) Hosted Applications Initiative, to provide packaged software
solutions to the small and mid-sized business markets.
According to Charles Skamser, President and CEO of ebaseOne Corporation,
"This alliance is very significant to our strategy to quickly emerge as a
leader in the ASP industry. Cisco's technical presence and channel partners,
combined with our state-of-the-art hosting facilities and aggressive new ASP
business model with flat monthly fees, will make ebaseOne an attractive choice
for the small and medium-sized business market."
The alliance will revolve around Cisco's Hosted Application Initiative,
supported by joint sales and marketing activities. The Cisco Hosted
Applications Initiative brings together packaged software application vendors
that have applications suitable for hosting, ASPs to host the applications,
and Cisco Powered Network Service Providers (CPNs) to install and support
Cisco-based network infrastructures and customers that can benefit from hosted
solutions. Co-marketing activities will include lead sharing, joint
advertising, co-sponsored seminars highlighting customer success stories,
tradeshows and conferences. Skamser maintains, "By leveraging the power of
this partnership, ebaseOne will be able to dramatically increase its level of
service and reduce its time-to-market for a national roll-out."
The alliance also provides ebaseOne with access to Cisco's Hosted
Application Development Lab, providing integration and benchmarking services
that will help ebaseOne maximize the performance of hosted applications
running on Cisco-based Internet infrastructures. ebaseOne's state-of-the-art
Enterprise Application Center (EAC) utilizes a Cisco Powered Network built and
tuned specifically to deliver high-end packaged software solutions with almost
unprecedented reliability, security and performance.
"The small and medium-sized business market can now benefit from powerful
applications that otherwise would have been beyond their reach. Through
ebaseOne's aggressive ASP pricing model, these companies can now afford top-
notch technology, expert systems integrators, enterprise class applications
management and 24 x 7 customer support for the first time ever. They can
eliminate the large up-front investments and the high risks associated with
highly-sought after enterprise systems," emphasizes Skamser, "It's really an
exciting opportunity for these companies."
"Cisco and ebaseOne provide a highly scalable and flexible IT environment
for hosted applications that enable ASPs to accommodate rapid growth in
application use," said Eugene Lee, vice president of marketing at Cisco's
Small/Medium line of business. "The Cisco Hosted Application Initiative
simplifies the technology issues for small to medium-sized companies and
allows them to focus on running their core business."
About the Application Service Provider industry
The ASP industry has been compared to the Internet Service Provider (ISP)
industry in the early 1990's. It is expected to grow explosively within the
next three years. According to International Data Corp., corporate spending
on high-end outsourced applications, such as ERP and e-commerce, will grow
from an estimated $150.4 million this year to $2 billion by 2003, at a
compound annual growth rate of 91%. This represents only high-end
applications, and doesn't take into account the majority of software
applications currently used by most businesses. According to the Gartner
Group, e-mail outsourcing alone could reach $2.56 billion annually by 2002.
The ASP industry is growing so quickly because it solves all of the major
financial problems typically associated with high-end software applications.
For the first time, even small and midsize businesses will be able to afford
almost everything they need to streamline their operations, up to the most
complex enterprise-wide software applications on the market. ASP software
hosting allows companies to access applications that are stored on central
servers. In the past, companies were forced to purchase one-time software
product licenses that were either based on the number of seats or the size of
the company. This presented a major problem, especially for small and midsize
businesses that were not able to afford the significant up-front cost required
to purchase the software. Additionally, companies then had to contract for
the necessary professional services to implement those applications, including
consulting and training services.
About ebaseOne Corporation
ebaseOne Corporation, is an Application Service Provider (ASP) that
specializes in providing the small and medium sized business market with
"Fortune 500" class data centers to host and manage leading packaged software
applications for a flat monthly fee. ebaseOne was founded with the mission to
provide the best total solution to enable small and medium sized businesses to
focus on their core business. ebaseOne Corporation is led by a senior
management team with years of experience in the technology and technology
management industry.
The statements made by ebaseOne may be forward-looking in nature. Actual
results may differ materially from those projected in forward-looking
statements. Merger Communications (Merger) is a media relations firm employed
by the Company. The statements and opinions presented here represent the
views of the Company, not Merger, as the release is based on information
provided by the Company. Merger's compensation for its media relations
services, including preparation of press releases, consists of a monthly
retainer and warrants for the purchase of the Company's stock. Merger and its
employees may have a long position in the securities of the companies in which
it distributes information to the media, and Merger may be buying or selling
securities in the course of its regular business.
SOURCE ebaseOne Corporation
-0- 08/30/99
/CONTACT: Patricia Cunningham - media inquiries, or David Drake -
investor inquiries, both of Merger Communications Inc., 713-267-2328, for
ebaseOne Corporation; or Neha Mirchandani - media inquiries of Cisco Systems,
Inc., 408-525-1323, or email, nmirchan@cisco.com/
(EBAS CSCO)
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