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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: John Carragher who wrote (8821)1/20/2000 12:06:00 PM
From: bob gauthier  Read Replies (1) of 17183
 
Thursday January 20, 11:19 am Eastern Time
Company Press Release
SOURCE: Princeton eCom Corporation
Princeton eCom Chooses EMC Enterprise Storage Software for Information Management of Bill Presentment and Payment Services
PRINCETON, N.J., Jan. 20 /PRNewswire/ -- Princeton eCom Corporation, a leading provider of electronic bill payment and presentment solutions, today announced it has selected EMC Corporation (NYSE: EMC - news) the world's leading provider of enterprise storage systems, software and services, to provide the storage infrastructure to assure availability of updated and accurate data 24 hours a day 7 days a week.

EMC Enterprise Storage software allows Princeton eCom to monitor, configure, control, and fine-tune information from a single user console, either locally or over the Internet, achieving superior information protection, sharing and management. The capabilities Princeton eCom has with EMC software include enhanced backup/restore, disaster recovery, business continuity, data migration and data movement.

Donald Brenton, chief information officer of Princeton eCom said, ''Princeton eCom is committed to partnering with premier technology companies to provide our customers with the accurate and dependable service they deserve. EMC has the most advanced solutions for managing business-critical information, allowing us to gain control over our information infrastructure, insuring the availability of data and allowing the movement of data across different computing platforms making for easier and faster updates.''

Mark Ward, vice president of Global Marketing for EMC Corporation said, ''A company's success online is often determined by the availability and currency of its most valuable asset -- information. Net leaders like Princeton eCom have committed to providing customers with continuous information access by laying EMC Enterprise Storage at the foundation of their information infrastructure.''

About EMC Corporation

EMC Corporation, a Fortune 500 company based in Hopkinton, Massachusetts, is the world's technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software, networks and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including UNIX, Windows NT, Linux and mainframe platforms. The company has offices worldwide, trades on the New York Stock Exchange under the symbol EMC, and is a component of the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate web site can be accessed at emc.com.

About Princeton eCom

Princeton eCom is an innovator and technical leader in electronic bill presentment and payment (EBPP), by Internet and the telephone. It was the first company to present an e-bill on the Internet and continues to set the pace for EBPP today. Princeton eCom offers EBPP solutions for business-to- business and business-to-consumer billing applications. The Company customizes solutions for the total management of the billing process -- expediting payment, minimizing billing costs and integrating with existing financial accounting systems. Committed to increasing adoption of electronic home banking, the company is a champion of open standards for the electronic presentment and payment industry. Using OFX technology, Princeton eCom can access all points of distribution allowing customers to use their financial information anytime from anywhere. Visit us at princetonecom.com or for more information call 1-800-PAYBILL.

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