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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: SMALL FRY who wrote (69434)11/3/1999 11:33:00 AM
From: debra vogt  Read Replies (1) of 120523
 
FLNK moving up today:

Wednesday November 3, 10:36 am Eastern Time
Company Press Release
FutureLink's Services Selected by Microsoft and Cisco for Participation in the Hosted Application Initiative Targeted At ASPs
IRVINE, Calif.--(BUSINESS WIRE)--Nov. 3, 1999--FutureLink Corp. (OTC BB:FLNK), the leading Application Service Provider (ASP) with the largest installed base of application hosting platforms, announced today participation in the new Microsoft Corporation and Cisco Systems Inc. Hosted Application Initiative.

The Hosted Application Initiative, announced last week by Microsoft and Cisco, provides end-to-end, high-availability hosting solutions to ASPs who in turn can quickly provide reliable services to their own customers. FutureLink is one of the most experienced ASPs using this technology, as it has been a pilot site for the integrated system throughout 1999.

FutureLink's ASP service allows organizations to outsource all computing service and support, and precisely manage the total cost of technology ownership. For a flat fee, FutureLink customers subscribe to the computer utility service on a per-seat basis, receiving thin-client or PC hardware and fast Internet access to brand-name application software and complete support services.

``Microsoft and Cisco have given the ASP community a substantial boost by combining their superb technologies into a standard platform specially designed for service providers,' said Philip R. Ladouceur, FutureLink CEO and executive chairman. ``FutureLink has had excellent success in deploying this technology, and we look forward to working with Microsoft and Cisco to provide many new ASP end users with easy and reliable access to applications.'

``Microsoft and Cisco designed the Hosted Application Initiative with the needs of leading ASPs such as FutureLink in mind,' said Mark Chestnut, director, Network Solutions Group, Microsoft. ``By participating in our initiative, and deploying ASP service using leading platforms such as Windows NT Server and SQL Server, FutureLink is poised to meet the expanding requirements of businesses for ASP services.'

As part of the Microsoft and Cisco Hosted Application Initiative, FutureLink is enabled to rapidly deploy secure, high-performance services and applications to customers on Cisco Systems' intelligent networking infrastructure and the Microsoft© Windows NT© Server operating system. FutureLink has built its own backend hosting technology around Microsoft systems software and uses Cisco networking products in its data centers. FutureLink has also deployed the end-to-end Microsoft and Cisco solution in hundreds of application hosting platform implementations.

``By designing and provisioning outsourcing application services across a Cisco-IOS network infrastructure, FutureLink is able to provide business solutions with different classes of services for user connectivity and application performance while maintaining a solid foundation for future hosted application services,' said Richard Steranka, senior director marketing small/medium business, Cisco. ``The combination of FutureLink's experience in this market and their participation in our Hosted Applications Initiative makes them well suited to meet the stringent demands of customers.'

About FutureLink

FutureLink, The Computer Utility Company(TM), is a founder of the Application Service Provider (ASP) industry and a founding member of the ASP Industry Consortium. The company has the largest installed base of application hosting platforms with thousands of customers worldwide.
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