Stampede Worldwide Announces Large Contract for Its Stampede Network.com Inc., Subsidiary TAMPA, Fla.--(BUSINESS WIRE)--June 12, 2000--Stampede Worldwide, Inc., (OTCBB:STWW) announced today that its subsidiary, Stampede Network.com Inc., has signed contracts to supply Senior Home Care, Inc., $54,332.00 worth of equipment that will improve communications between their various companies. This sale represents the hardware portion of our relationship. Stampede Network's clients typically will spend approximately 15 to 20% on their hardware requirements with the remaining 80 to 85% devoted to programming and related services that Stampede provides. While these percentages vary from client to client, Senior Home Care's future programming and related service contracts have not been awarded.
Senior Home Care, Inc. is one of the fastest growing health providers in the Tampa Bay-Sarasota area. Services include skilled nursing, home health aide, physical, speech, and occupational therapy in addition to medical social services. Senior Home Care, Inc. also provides consulting and back office support services for other home health care companies. Senior Home Care is part of the Adult Care Group, Inc. (www.adultcare.net) team of companies that provides quality services to the senior community.
"Our ultimate goal is to service our patients better," said David Borquez, Director of MIS for Senior Home Care. David quotes, "Through the use of technology we can greatly improve communications between companies in multiple geographic locations with the use of a company intranet, train and educate our staff more effectively through the use of streaming video, showcase our facilities through the use of quick time VR, all across one common network and all in a technology secure environment."
We have decided to partner with Stampede Network.Com because of the complimentary combination of Lan/Wan, streaming video, quick time VR, intranet/extranet, expert Coldfusion programming experience that is required to build the company intranet in a safe computing environment while taking advantage of what technology has to offer.
"Designing a secure point to point network is just the first step," says John Terrace, Vice President of Marketing and Sales for Stampede Network.Com. "Our ultimate goal for Senior Home Care going forward is to help them take advantage of what the latest technology has to offer via the intranet. With a company intranet that is designed to compliment the network infrastructure Senior Home Health will be able to communicate, educate and train its staff in a fraction of the time that it would normally take.
For example, nurses who traditionally don't have email and always have a need for on-going training will soon have access to email across the intranet with hot links to mandatory training and education streaming videos. Training and education streaming videos across the intranet are just one example of how Stampede Network.Com will help Senior Home Health more effectively train its staff, reduce the time it takes to do it and ultimately allow Senior Home Health to service the patients better while saving the company money," concluded Terrace.
Special Note: Management believes certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of management's views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ from those expressed or implied. Such differences may result from actions taken by the company prior to its current fiscal year end, as well as from developments beyond the company's control, including changes in global economic conditions that may, among other things, affect the performance of the company's anticipated acquisitions or future business. In addition, changes in domestic competitive and economic conditions may also affect performance of all significant company businesses. SOURCE: Stampede Worldwide, Inc. --30--nmb/mi* CONTACT: Stampede Worldwide Inc., Tampa John V. Whitman Jr. Investor Relations Officer 813/630-2762 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire |