To: BigTex who wrote (11709)
From: ajs Wednesday, Feb 23, 2000 1:58 PM ET
Reply # of 11742
TREY...Just being discovered. The same business as EBAS which went from $.25 to $19.75 in 4 months.
Wednesday February 23, 12:58 pm Eastern Time
Company Press Release
Compelis Announces ASP Strategy for ActiveRMS to
Capture Share of $14.9 Billion Market
TORONTO, Canada--(BUSINESS WIRE)--Feb. 23, 2000--Compelis Corporation, a wholly owned subsidiary of Treasury
International Inc. (OTC BB: 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 |
