CS&S Bundles PowerTier From Persistence With Chinese Operating System for E-commerce Platform
SAN MATEO, Calif.--(BUSINESS WIRE)--May 31, 2000--
Companies Form Marketing, Training and Development
Partnership to Aid IT Professionals in China
Persistence Software (Nasdaq:PRSW), The Engine for E-Commerce(TM), has announced that China National Computer Software and Technology Services Corporation (CS&S) of Beijing has joined its PowerPartner program. CS&S is one of China's oldest and best known computer companies, developing and marketing a wide range of software solutions.
"With the experience and expertise in marketing to businesses in China, CS&S is an ideal partner for Persistence Software," said Christopher Keene, CEO and Co-founder of Persistence Software. "CS&S is a major software developer for the China Market and more recently has focused on the area of the Internet and e-commerce, the sector where our application server provides the highest performance."
The President of CS&S, Tang Min, said that Persistence Software's technology would be key to the CS&S drive into the Internet and e-business arena. "As well as being a premier product to market to our customer, we also view PowerTier(TM) as an essential building block in the development of Chinese language operating environments and applications for the rapidly growing Internet and e-commerce business in China."
Steven Lau, Managing Director of Persistence Software's Asia Pacific operation, said that CS&S would establish a training centre for Persistence Software in Beijing. "We are committed to strengthening the skills of IT professionals in China, and we could not find a better partner to assist in this mission than CS&S. The explosive growth of the Internet and e-commerce in China is going to require greater numbers of skilled manpower. We hope we can assist in this training effort."
About Persistence Software
Persistence Software, The Engine For E-Commerce(TM), delivers caching solutions for rich Internet e-business that change the rules of the game. Patented caching application servers from Persistence currently accelerate business processing for some of the world's most demanding web sites, including iPIX, Reuters, Cisco, FedEx and ShopNow.com. Persistence Software (Nasdaq:PRSW) is headquartered in San Mateo, California. For more information, see persistence.com.
Persistence is a registered trademark and PowerTier is a trademark of Persistence Software Inc. in the United States and other countries. Persistence currently holds U.S. Patents Nos. 5,499,371; 5,615,362; 5,706,506. All other product, trademark, company, or service names mentioned herein are the property of their respective owners.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties, which could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, Persistence Software's limited operating history, potential fluctuations in our operating results, uncertainties related to our long sales cycle, our reliance on a relatively small number of customers, our dependence on the Java programming language and the Enterprise JavaBeans standard becoming widely accepted standards, our need to deliver products that meet rapidly changing technology standards, our need to build a strong direct sales team and develop third party sales channels, our dependence on the deployment of enterprise-wide system deployments, and our need to address competition from companies with substantially greater resources. Further information regarding these and other risks is included in our Annual Report on Form 10-K for the year ended December 31, 1999 and in our other filings with the Securities and Exchange Commission.
CONTACT:
Persistence Software Inc.
Kristine Austin, 650/372-3622
kaustin@persistence.com
or
Direct @ccess PR
Rebecca Mettler, 703/212-7075
mettler@bellatlantic.net |
