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Microcap & Penny Stocks : AppNet Systems, Inc. (APNT)

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To: Bald Man from Mars who wrote (188)3/21/2000 5:22:00 PM
From: Sarkie  Read Replies (1) of 232
 
Tuesday March 21, 08:10 AM Eastern time
Company Press Release

GPSI) AppNet and Great Plains Partner to Build Interconnected Business Environment for Great Plains' Community

BETHESDA, Md. and FARGO, N.D.--(BUSINESS WIRE)--March 21, 2000-- AppNet, Inc. (Nasdaq:APNT) and Great Plains (Nasdaq:GPSI) today announced a partnership to design a Web-based business environment that delivers personalized, end-to-end business processes, community interactions and buying power aggregation to any interconnected community member.

Community members include Great Plains' network of business partners, customers, investors and team members and the communities they interact with. The Web-based business environment will increase efficiencies, streamline business processes and improve the economics for all its community members.

Under terms of the agreement, AppNet will provide strategy consulting, design and delivery of a Microsoft-based Web business environment. Great Plains will use its transactional backbone, eEnterprise, to facilitate the interconnected business environment among more than 130,000 customers, 1,500 channel partners and 1,800 team members already within the Great Plains community. This engagement represents the latest in a string of business-to-business (B2B) marketplaces being built by AppNet.

"As strategic partners with Great Plains, we are uniquely positioned to leverage our knowledge of the company and our experience with other large scale e-business community and portal projects like UCCnet, VEBA Electronics, and bet.com, to meet Great Plains' e-business needs," said Jack Reinelt, division president of AppNet. "We're excited to utilize the unstoppable power of the Internet to interconnect Great Plains with its various business communities."

"The Internet enables businesses to interconnect beyond their four walls to their direct business community, and more importantly, to business communities around the world. As most of these interconnections will result in transactions, Great Plains' transactional expertise, coupled with AppNet's expertise in building business-to-business sites, will play a key role in facilitating this interconnected business environment," said Lynne Stockstad, vice president of e-business at Great Plains.

About AppNet

AppNet (Nasdaq: APNT) is a premier provider to end-to-end e-business solutions, from interactive marketing to back-office integration. For companies transforming themselves for the new Internet economy, the firm offers a unique mix of Internet strategy, marketing, and technology services.

AppNet is the fourth largest interactive marketing agency according to Ad Age and one of the 50 largest pure Internet companies, according to Internet World. AppNet works with Fortune 1000 and dot.com companies. Customers include UCCnet, Baxter Healthcare, Dial, Ford, Ralston Purina, Hyundai, multex.com, bet.com, UNICEF, KB Toys, NEC, and Unilever. For more information about how AppNet can bring the power of e-business to your business, visit www.appnet.com.

About Great Plains

Great Plains (Nasdaq: GPSI) is a leading provider of e-business solutions for the midmarket. Great Plains offers e-business applications for financials, distribution, enterprise reporting, project accounting, electronic commerce, human resource management, manufacturing, sales and marketing management, and customer service and support.

Great Plains' solutions are sold and implemented by a unique worldwide network of independent partner organizations that share the company's commitment to lasting customer relationships. Named four times to the "Top 100 Companies to Work for in America" list, Great Plains has more than 1,800 team members worldwide. More information about Great Plains can be found at www.greatplains.com.

This press release may include "forward-looking statements" for purposes of the Securities Exchange Act of 1934. All statements herein, other than those of historical fact, including statements regarding future contractual arrangements or performance, competitive strengths, and business strategy, are forward-looking.

Actual results or events may differ materially from those projected in such forward-looking statements. Information regarding the factors that could cause such differences is contained in AppNet's filings with the Securities and Exchange Commission.

--------------------------------------------------------------------------------
Contact:
Media/AppNet
Alla Iaquinto, 301/581-2489
press@appnet.com
or
Investors/AppNet
Kevin Taback, 877/551-2323
ir@appnet.com
or
Media/Great Plains
Kate Kuchera, 701/281-6881
kkuchera@greatplains.com
or
Investors/Great Plains
Pam Kloster, 701/281-6780
pkloster@greatplains.com

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