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Microcap & Penny Stocks : E-Sync Networks, Inc. (ESNI)

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To: Colin Cody who wrote (18)9/20/1999 10:30:00 AM
From: caly  Read Replies (2) of 83
 
Deal with Ford Motor. Yawn. : )

Monday September 20, 9:07 am Eastern Time

Company Press Release

Ford Motor Company Chooses E-Sync Networks for Global On-Line Fax Services

E-Sync Networks Wins Major Contract Over Industry Heavyweights IBM, Lucent, AT&T and Others

TRUMBULL, Conn.--(BUSINESS WIRE)--Sept. 20, 1999--E-Sync Networks, Inc. (OTC BB: ESNI; www.e-syncnet.com), today announced that Ford Motor Company (NYSE: F; www.ford.com) has selected E-Sync Networks as the exclusive vendor to manage its worldwide online fax services. Ford Motor Company, a Fortune 500 company with 1998 revenues of over $144 billion, chose E-Sync Networks' MailFax(TM) solution after considering similar offerings from many well-known vendors, including IBM, AT&T, Lucent Technologies, MCI, Sprint, and British Telecom.

E-Sync Networks will provide the hardware and software technologies, management, and 24x7 support for Ford's fax, X.400 e-mail, and other commercial services, including telex and cablegrams, to all of Ford's offices worldwide.

''Earning Ford's business after a very competitive selection process is the latest evidence of E-Sync Networks' leadership in e-business solutions,'' says John C. Maxwell, Chairman and CEO of E-Sync Networks. ''This contract win emphasizes the strength of E-Sync Networks' information exchange solutions, and our unique position as a Managed E-business Service Provider. We will continue to grow our portfolio of solutions and services using the latest Internet technologies -- such as our new e-business-to-business portal -- so we can continue to offer large corporations, like Ford, a quality solution for all their e-business needs.''

E-Sync Networks' MailFax solution will provide Ford Motor Company with a robust solution to communicate with its trading partners online. Specifically, Ford will use MailFax to automate Web-based and mainframe applications that broadcast faxes worldwide, allowing Ford Motor Company's employees, distributors, and other partners to easily send faxes to any location from the convenience of their desktops.

MailFax is an enterprise service that allows anyone with e-mail capability to send domestic and international faxes automatically from their desktops without additional hardware or software. Sending a fax is as simple as creating an Internet e-mail message. As messages are received, the content, including attachments, is converted to fax format and then delivered to the specified fax number or broadcast list.

E-Sync Networks' MailFax increases productivity for customers by eliminating time spent at fax machines sending to multiple recipients, doing away with the need to re-send faxes that were not sent successfully, making it no longer necessary to print documents for faxing, and preventing the need to compose cover page details.

About E-Sync Networks, Inc.

Headquartered in Trumbull, CT with offices in New York and the UK, E-Sync Networks, Inc. (OTC BB: ESNI - news), the e-business-to-business connection, is a Managed E-business Service Provider (MESP) offering the consulting expertise, superior technology, and high-performance hosting capabilities to link business partners on the Internet. E-Sync Networks has an extensive Fortune 1000 client base, including Ford(TM), IBM(TM), Pepsi(TM) Traveler's Insurance, ESPN, and Dun & Bradstreet. The Company is majority owned by Commercial Electronics Capital Partnership, LP (www.cellc.com), an exclusive partner of TRW, Inc. (NYSE: TRW - news) established solely to create independent businesses founded on TRW technologies in markets outside of TRW's strategic interests. More information can be found on the Internet at www.e-syncnet.com.

About Ford Motor Company

Ford Motor Company is the world's second largest automaker. Its automotive brands include Aston Martin, Ford, Jaguar, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit, Quality Care, Hertz, and Visteon Automotive Systems. More information can be found on the Internet at www.ford.com.
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