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Technology Stocks : Infinium Software (INFM)?

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To: John Shansey who wrote ()3/15/2000 10:37:00 AM
From: bob zagorin   of 172
 
Hard Rock 'n Rolls-Out Infinium ASP Offerings; Infinium Delivers Customized ASP Solutions to Hard Rock Hotel & Casino

MARLBORO, Mass.--(BUSINESS WIRE)--March 15, 2000--Infinium ASP, a single source, fully-accountable application service provider and wholly owned operating company of Infinium (NASDAQ:INFM), today announced that the Hard Rock Hotel & Casino has selected Infinium ASP offerings to provide Hard Rock with management, support and access to their web-based enterprise business solutions via the Infinium ASP Enterprise Solution Hosting Center.

The Hard Rock Hotel & Casino, one of the "25 Coolest Places to Stay in the World," according to Conde' Nast Traveler Magazine, is a 670-room hotel and casino fresh from a $100 million expansion that employs more than 1,400 people in Las Vegas.

As the Hard Rock Hotel and Casino continued to face the challenges of expensive, resource intensive upgrades of hardware, networks and software, they began evaluating options to minimize the impact on their IT resources. Infinium ASP provides Hard Rock with web-access to tailored solutions, designed specifically for their enterprise, and significant consulting services and customer support. By managing Hard Rock's core enterprise applications, Infinium ASP is empowering Hard Rock to focus its workforce on new, strategic, revenue-enhancing initiatives.

"When evaluating our ASP options, it became clear that Infinium ASP provided the highest value through the combination of their single source solutions management, service, and support and their unparalleled track record of delivering proven, reliable enterprise applications tailored specifically for our unique business requirements and those of the hospitality and gaming industry," said Tim Williams, Director of IS at the Hard Rock Hotel & Casino. "We could not imagine handing over our business-critical data to a multitude of unproven ASPs and third party vendors with generic applications. Bottom line: we trust Infinium ASP to help us run our business."

Infinium ASP delivers high-value, customer-specific solutions. Unlike other ASPs who offer generic applications with limited customization and functionality, Infinium ASP provides customers with tailored solutions that are optimized to meet their vertical industry-specific business requirements, helping customers gain significant competitive advantage.

At Hard Rock Hotel & Casino, Infinium ASP is providing over 100 users with web access to customer-specific Infinium human resources and financials applications combined with enterprise materials management applications from Stratton Warren.

"Infinium ASP is delivering highly-integrated enterprise solutions that are tailored specifically for Hard Rock's business requirements, and are managed and serviced by Infinium ASP's highly-experienced consulting and customer support staff," said Maria Burud, senior vice president at Infinium. "We're providing our customers with the highest-value ASP offerings through the combination of our own Solution Hosting Center, proven enterprise business solutions, and customer and industry-specific consulting expertise."

"Single source accountability and a track record of outstanding customer service are very important elements within the ASP world," said Audrey Apfel, vice president and research director of networking technologies at GartnerGroup. "As organizations evaluate ASPs they should demand system integration and application management skills, end-to-end service level agreements, carrier-grade network infrastructure, and secure, scalable, reliable data centers from their providers. ASPs, such as Infinium ASP, that excel in these areas will be well positioned in the ASP marketplace."

About Infinium ASP

The Infinium ASP operating company is a single source, fully-accountable application service provider. Infinium has more than 2,000 customers worldwide representing a variety of industries including gaming and hospitality, manufacturing, transportation, healthcare, and retail. Founded in 1981, Infinium has offices worldwide and is headquartered in Hyannis, Massachusetts. Get to know us at infinium.com.

Infinium is a registered trademark of Infinium Software, Inc. Trade names referenced are the servicemarks, trademarks, or registered trademarks of their respective owners.

CONTACT:

Miller Shandwick Technologies

Debbie West, (617) 351-4184

dwest@miller.shandwick.com

or

Infinium

Alisha Simmons, (508) 790-6819

alisha-simmons@infinium.com
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