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Technology Stocks : Breakaway Solutions Inc-(BWAY)
BWAY 17.87+0.2%3:59 PM EST
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To: Mohan Marette who wrote ()11/14/1999 6:38:00 AM
From: allen menglin chen   of 178
 
CLFY and BWAY, from an earlier filing of CLFY.

sec.gov

Here is the part related to BWAY:

Christopher Greendale, a member of the Company's Board of Directors, serves
as Chairman of the Board of Directors of Breakaway Solutions, Inc.
("Breakaway"). The Company is a party to a non-exclusive subcontracting
agreement with Breakaway dated December 29, 1998 pursuant to which Breakaway
provides professional services delivery capacity to the Company. The agreement
is renewable annually. To date, no amounts have been paid to Breakaway under
such subcontracting agreement. In addition, the Company and Breakaway are
presently negotiating a non-exclusive consulting arrangement whereby Breakaway
would represent the Company's products and provide direct professional services
to Breakaway customers for the Company's products on a worldwide basis. Such
consulting arrangement, if consummated, would permit Breakaway to resell the
Company's applications and engage in collaborative joint marketing and sales
activities. The Company believes that the subcontracting agreement dated
December 29, 1998 and the consulting agreement being negotiated contain or are
expected to contain terms consistent with those negotiated at arms' length with
other professional services providers and resellers.
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