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1°
IRVINE, Calif., Oct 18, 1999 (BUSINESS WIRE) -- FutureLink Corp. (OTC
BB:FLNK), a leading application service provider (ASP) and the number
one provider of server-based computing solutions from Citrix Systems
(NASDAQ: CTXS), today announced that in accordance with approval
received at the company's recent shareholders' meeting, FutureLink has
reincorporated from Colorado to Delaware and has changed its name from
FutureLink Distribution Corp. to FutureLink Corp. These changes have no
impact on the trading of FutureLink stock, whose symbol remains FLNK on
the OTC Bulletin Board.
About FutureLink
FutureLink is a founder of the Application Service Provider (ASP)
industry and a founding member of the ASP Industry Consortium.
According to Forrester Research Inc., the application rental market is
projected to reach $6 billion by 2001. FutureLink provides small and
mid-sized businesses (10-1,000 employees) with off-site, Internet-based
computing, allowing subscribers to escape costly hardware/software
upgrade cycles, precisely control total cost of technology ownership
and focus on their core businesses.
FutureLink's expertise in application hosting on a monthly subscription
basis, outsourcing and facility management, and business practices
consulting enables the company to offer an all-inclusive, trouble-free
ASP service at a predictable price. FutureLink, The Computer Utility
Company(TM), offers computer and information service as transparently
and reliably as today's utilities deliver electricity, water and
telephone services.
For more information, contact FutureLink toll-free at 877/216-6001;
e-mail: sales@futurelink.net; or visit the FutureLink Web site at
futurelink.net.
Forward-looking statements and comments in this news release are made
pursuant to safe harbor provisions of the Securities Exchange Act of
1934. Such statements relating to, among other things, the prospects
for the companies to complete the transaction and enhance operating
results, are necessary subject to risks and uncertainties, some of
which are significant in scope and nature. These risks may be further
discussed in periodic reports and registration statements to be filed
by the company from time to time with the Securities and Exchange
Commission in the future.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
CONTACT: FutureLink
Troy Cleland, 877/216-6001
invrel@futurelink.net
WEB PAGE: businesswire.com
GEOGRAPHY: COLORADO DELAWARE CALIFORNIA
INDUSTRY CODE: COMPUTERS/ELECTRONICS
HARDWARE
SOFTWARE
INTERNET
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