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(COMTEX) B: COMPELIS ANNOUNCES ASP STRATEGY FOR ACTIVERMS TO CAPTURE
B: COMPELIS ANNOUNCES ASP STRATEGY FOR ACTIVERMS TO CAPTURE SHARE OF $14.9
BILLION MARKET.
TORONTO, Feb 23, 2000 /PRNewswire via COMTEX/ -- Compelis Corporation,
a wholly owned subsidiary of Treasury International Inc. (OTC Bulletin
Board: TREY), today announced the launch of its Application Service
Provider (ASP) strategy.
ActiveRMS, an Internet-based Point of Sale and Retail Management
Software system for Retailers, provides Compelis with the opportunity
to develop a whole new level of marketing partner -- the ASP. An ASP
has the opportunity to not only provide the software, hardware,
training & support (as in the case of the traditional reseller), they
can now host the entire technology infrastructure in an outsourced
web-based model, creating new revenue streams while lowering the
infrastructure costs to the Retailer.
The application service provider (ASP) market is expected to sizzle in
the next few years. According to the information technology research
firm IDC, companies spent $23 million in 1998 to have a third party
host their applications. IDC predicts that the number will jump to $2
billion by 2003 with entire IS outsourcing topping $151 billion driven
largely by small and medium-sized companies.
(COMTEX) B: COMPELIS ANNOUNCES ASP STRATEGY FOR ACTIVERMS TO CAPTURE
B: COMPELIS ANNOUNCES ASP STRATEGY FOR ACTIVERMS TO CAPTURE SHARE OF $14.9
BILLION MARKET.
TORONTO, Feb 23, 2000 /PRNewswire via COMTEX/ -- Compelis Corporation,
a wholly owned subsidiary of Treasury International Inc. (OTC Bulletin
Board: TREY), today announced the launch of its Application Service
Provider (ASP) strategy.
ActiveRMS, an Internet-based Point of Sale and Retail Management
Software system for Retailers, provides Compelis with the opportunity
to develop a whole new level of marketing partner -- the ASP. An ASP
has the opportunity to not only provide the software, hardware,
training & support (as in the case of the traditional reseller), they
can now host the entire technology infrastructure in an outsourced
web-based model, creating new revenue streams while lowering the
infrastructure costs to the Retailer.
The application service provider (ASP) market is expected to sizzle in
the next few years. According to the information technology research
firm IDC, companies spent $23 million in 1998 to have a third party
host their applications. IDC predicts that the number will jump to $2
billion by 2003 with entire IS outsourcing topping $151 billion driven
largely by small and medium-sized companies.
Compelis has recently signed Nu-Comp Systems of Toronto as an ASP
Partner in what is expected to be a rapidly developing Sales Channel.
According to William Lester, President of Nu-Comp, "This is a new and
innovative way for retailers to reduce rollout and support costs,
administrative burden and be able to run their businesses more
effectively with 'real-time' information.
"Small and midsize retailers will now have the ability to compete more
effectively with large nationals. This is definitely a win-win
opportunity for my customers."
Compelis helps companies link mission critical information and
knowledge assets with trading partners in a managed Internet-based
trading co-operative. Compelis is well positioned as an early entrant
in the growing business to business and business to consumer E-commerce
and E-business sectors with its Active Business Solutions suite of
products.
The company's products include:
* ActiveCatalog for print and CD-ROM catalogs;
* ActiveCommerce an E-catalog, E-commerce and E-business solution for
manufacturers and distributors;
* ActiveData a development tool for building Online Trading Co-operatives
and aggregated databases;
* ActiveRMS an Internet-based Point of Sale and Retail Management Software
system for Retailers.
Certain information in this news release is forward-looking, relating
to matters that may be affected by risks and uncertainties in the
Company's business. These forward-looking statements are qualified in
their entirety by the cautionary statements continued in the Company's
Securities and Exchange Commission filings.
Contact Information:
For more information about ActiveCatalog, ActiveCommerce, ActiveHost or
ActiveRMS, send email to info@compelis.com .
CONTACT: COMPELIS Corporation, Kitchener
Marlin Doner 519/579-9500, 519-579-4299 fax
info@compelis.com
compelis.com
treyinvestor.com
SOURCE Treasury International Inc.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Marlin Doner of Compelis Corporation, 519-579-9500, or fax,
519-579-4299, or info@compelis.com
WEB PAGE: treyinvestor.com
compelis.com
GEOGRAPHY: South Carolina
Ontario
INDUSTRY CODE: CPR
REA
SUBJECT CODE: PDT
OTC
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