TouchStone Software Corp. Announces Agreement With Entertainment Boulevard, Inc. to Feature CheckIT NetOptimizer Application
CheckIT NetOptimizer Available on Vidnet's Web site
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--June 6, 2000-- TouchStone Software Corp. (OTCBB: TSSW), a developer of innovative utility software, Tuesday announced through its wholly owned subsidiary, eSupport.com Inc., it has entered a revenue sharing agreement with Entertainment Boulevard, Inc. (OTCBB: EBLD), a leading provider of streaming entertainment-related media on the Internet, to feature its award-winning CheckIT NetOptimizer performance maximizer on the Vidnet Web site (www.vidnet.com).
Entertainment Boulevard, Inc., develops and licenses entertainment content to be broadcast online through its Vidnet division, thus increasing quality program accessibility to Internet users worldwide. Vidnet maintains one of the Internet's most comprehensive interactive music video channels and has rapidly become a premier music destination site on the Internet. Promoting the CheckIT NetOptimizer via the Vidnet Web site, will expand TouchStone's product opportunities to a full range of new customer contacts as the application will be accessible to an additional three million consumers who visit this entertainment site per month.
"We're excited about showcasing our product on Vidnet's streaming-related media site," said Pierre Narath, chief executive officer, chairman and president of TouchStone Software Corp. "Web enthusiasts are continually seeking high-quality software products and services to enhance PC communications, as are online audiences seeking content-rich music sites with multiple entertainment options. By teaming with one of the premiere providers of streaming entertainment media, we're taking an aggressive approach to staking our claim as a top provider of award-winning, innovative software products. TouchStone's symbiotic relationship with Vidnet will enhance each company's ability to appeal to a diverse growing e-commerce market."
CheckIt NetOptimizer optimizes and troubleshoots users' Internet connections and modems for maximum performance. NetOptimizer has earned awards and accolades from WINDOWS Magazine, PC World, Computer Shopper, PC Magazine and many other publications. NetOptimizer is included in TouchStone's CheckIt 98 Diagnostic Suite or available as a stand-alone product. Both products are available at major retail chains or through TouchStone's Web site at www.touchstonesoftware.com.
In keeping with the company's two-pronged business focus, TouchStone Software Corp., through its subsidiary eSupport.com Inc., is a leading developer of innovative software designed to help people use complex technologies. The company's products, which include WinCheckIt 6.5, CheckIt NetOptimizer, CardWare and FastMove!2000, are distributed worldwide through the retail, VAR, distributor, direct and OEM sales channels.
Through strategic minority interests, TouchStone Capital Group, a wholly owned subsidiary of TouchStone Software Corp., manages a portfolio comprised of well-managed, late stage technology companies with market presence in e-commerce, content and community and enabling technologies. As a B2B incubator, TouchStone Capital Group provides management guidance, promotes financing, and lends necessary business support such as legal counsel, accounting assistance, and marketing advice, enhancing the survival odds for new businesses.
TouchStone's targeted strategic focus on unique and successful business models creates both short-term growth potential for investors and long-term value for shareholders. TouchStone's corporate headquarters are located at 1538 Turnpike Street, North Andover, MA 01845 with a branch office in Europe located at Sonnenstrasse 26B, 85622 Feldkirchen, Germany. Additional information about TouchStone Software is available at www.touchstonesoftware.com.
CheckIT is a registered trademark and NetOptimizer is a trademark of TouchStone Software Corp.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors including the ability of the company to successfully commercialize its new technologies as well as risk factors set forth under "Factors Affecting Future Operating Results" in the company's annual report on Form 10-K and such other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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Contact:
TouchStone Software Corp., North Andover
Rich West, 978/686-6468
rich_west@unicore.com
or
Market Pathways
Shannon T. Squyres, 949/955-1860 |
