2° News Elite Information Group Joins Growing International ASP Industry Consortium; Elite Will Help Develop Industry Standards for Application Service Providers
LOS ANGELES, Oct 18, 1999 (BUSINESS WIRE) -- Elite Information Group, Inc., (Nasdaq: ELTE), a worldwide leader in practice and financial management systems for professional service firms, has joined the fast-growing Application Service Provider (ASP) Industry Consortium, an international advocacy group dedicated to fostering greater understanding of and guidelines for the fast-emerging application service provider segment of the computer industry.
Elite Information Systems, Inc., a subsidiary of Elite Information Group, is already a global provider of financial and practice management systems to legal and professional service firms. Elite's systems are used by over half of the largest 100 law firms and over one third of the top 1,000 law firms in the USA. Elite is committed to embracing the ASP technologies that will allow customers to access the full range of their applications via the Internet. Such applications never require any software or hardware installations, upgrades or maintenance at the customer's end because the application is "hosted"; it literally resides at, and is maintained by, the vendor, resulting in reduced costs, increased flexibility and a strategic advantage for the customer.
"We wanted to be involved in the process of developing standards for the application service provider industry," said Mark Goldin, Elite's senior vice president and chief technical officer, "and we also want to look after the interests of the 'time and billing' vendor community."
"Elite was an early pioneer of Internet accessible software, and it has been a natural progression for us to web enable our entire suite of applications," said Goldin. Elite views ASP Industry Consortium's members as the world leaders in providing applications via the Internet. Being part of this group can only enhance Elite's commitment to being the leader in web-based time and billing. Elite.com, the newest member of the Elite group of companies, was formed to provide online, hosted time and billing services for small professional service firms in selected vertical markets and is a further demonstration of Elite's efforts in this direction.
About the ASP Industry Consortium
Founded in May of 1999, the Application Service Provider Industry Consortium is an advocacy group of companies formed to promote the application service provider industry by sponsoring research, fostering standards, and articulating the measurable benefits of this evolving delivery model.
The founding members of the ASP Industry Consortium include AT&T; AristaSoft Corp.; Boundless Technologies, Inc.; Cisco Systems, Inc.; Citrix Systems, Inc.; Compaq Computer Corporation; Cylex Systems, Inc.; Ernst & Young LLP; Exodus Communications, Inc.; FutureLink Distribution Corp.; GTE; Great Plains Software; IBM; Interpath Communications, Inc.; JAWS Technologies Inc.; Marimba, Inc.; Onyx Software Corp.; SaskTel; Sharp Electronics Corp.; Sun Microsystems, Inc.; The Taylor Group; Telecomputing ASA; UUNET; Verio, Inc.; and Wyse Technology.
Information on the ASP Industry Consortium is available on the World Wide Web at www.aspindustry.org or by contacting consortium headquarters at: ASP Industry Consortium, Inc., 401 Edgewater Place, Suite 500, Wakefield, MA 01880; Tel: 781/246-9321.
About Elite
Elite Information Systems, Inc., a wholly owned subsidiary of Elite Information Group, Inc., is an international provider of a comprehensive suite of financial and practice management products, which includes integrated time and billing, general ledger and accounts payable. Elite also provides consulting services to legal and professional service organizations of all sizes. Elite is currently utilized by more than half of the top 100 U.S. law firms, according to American Lawyer Media's published results in the AMLAW 100 Survey. Other professional services markets include accounting, consulting, public relations, financial services, actuarial, government, software, security, insurance, market research and systems integration.
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Distributed via COMTEX. CONTACT: Elite Information Group Inc., Los Angeles Monty Lunn, 323/642-5200 mlunn@elite.com Connie Moser, 323/642-5200 cmoser@elite.com or ASP Industry Consortium John Lamontagne, 781/246-9321 lamontagne@aspindustry.org WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA MASSACHUSETTS INDUSTRY CODE: COMPUTERS/ELECTRONICS SOFTWARE LEGAL/LAW INTERNET |