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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: M. Frank Greiffenstein who wrote (5308)4/10/2000 8:44:00 AM
From: TechMkt  Read Replies (1) of 15615
 
Monday April 10, 8:24 am Eastern Time
Company Press Release

GlobalCenter Powers ClickThings Web Site

ClickThings selects GlobalCenter's Commerce Service
Solution for its Internet Infrastructure


SUNNYVALE, Calif.--(BUSINESS WIRE)--April 10, 2000--GlobalCenter Inc., a Global Crossing Company and a leading Internet services business, today announced that ClickThings Inc., provider of innovative business-to-business Web solutions, will be utilizing GlobalCenter's Commerce Service Solution for the Internet infrastructure it needs to power its site www.clickthings.com.

``ClickThings provides comprehensive business-to-business solutions throughout the world by leveraging its proprietary technology. Therefore, it's vital that the ClickThings Website is available 24x7x365, providing best-of-breed Web-based services to our customers and their end-users,' said John Underwood, CEO and president of ClickThings, Inc. ``Working with GlobalCenter, we are guaranteeing that our online capabilities are always available and completely scalable.'

GlobalCenter's Commerce Service Solution is composed of four components that are critical to ensuring business availability and scalability: connectivity, data centers, ``on-demand' utility applications and professional services. GlobalCenter seamlessly integrates its leading open systems infrastructure, applications and intelligence into services to provide a single-source solution that enables online businesses to grow and succeed.

By utilizing the GlobalCenter solution, companies get enterprise-class utility applications at a significantly reduced total cost-of-ownership with less capital outlay and fewer internal IT staff requirements. GlobalCenter's Commerce Service Solution provides businesses the Internet infrastructure to ensure the high availability, flexibility and scalability necessary to compete in the digital economy.

``We understand how important it is for ClickThings to have a solid infrastructure behind www.clickthings.com, as they provide intelligent, comprehensive business-to-business solutions for their customers,' said Leo J. Hindery, Jr., chairman and CEO of GlobalCenter. ``We are honored to be able to provide them with a world-class solution that incorporates best-of-breed technology for the performance requirements needed to power www.clickthings.com. That's important to us because GlobalCenter's priority now is making ClickThings' content available to their end-users.'

About ClickThings, Inc.

ClickThings, Inc. is a leader in the world of creating and managing digital business-to-business relationships. ClickThings technology combines an innovative server-based platform with solid business logic to help companies and organizations of all sizes effectively compete in today's rapidly evolving Internet economy.

By providing intelligent, cost-effective solutions, ClickThings helps companies use the Web to understand their customers' needs, deliver superior value-added solutions, strengthen customer relationships, and pursue new revenue opportunities. In addition to its growing roster of Sponsorsk, which include MasterCard International and BusinessWeek Online, current ClickThings Partners include chinadotcom, Sun Microsystems and Powersys.

ClickThings has also established technology relationships with such companies as Cisco Systems, Oracle, Frontier GlobalCenter, F5 Networks, Storage Networks, RealMedia, Portal and Affina.

ClickThings, Inc. will launch additional Web-based products and services throughout 2000, including enhancements to its business Web solutions as well as extranet solutions to facilitate communication and direct e-commerce operations between companies and their partners, suppliers and customers.

ClickThings has raised $16.6 million in venture capital and has a commitment for an additional $5 million from chinadotcom corporation. Investors include chinadotcom corporation, Psilos Group, Paine Webber Group, Inc., Holden Ventures, Chase Capital Partners, members of the Rudin family, and the New York City Investment Fund along with Henry Kravis, David Rockefeller, Jerome Chazen, Perry Golkin, Michael Lobdell, Henry M. Paulson, Joseph Reich, Steve Robert, William C. Rudin and Richard Salomon.
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