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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: nokomis who wrote (108363)7/18/2000 12:29:03 PM
From: nokomis  Read Replies (1) of 120523
 
GOAM doing well today..(at hod) GoAmerica and Staples Sign Agreement to Offer Customers a Suite of Mobile Data
10:29

Solutions

Business Editors

HACKENSACK, N.J.--(BUSINESS WIRE)--July 18, 2000--

Deal Expands Staples' Entry into the Wireless Internet Category
and Provides Customers "Up Close" Access to GoAmerica's Compelling
Wireless Internet Solutions

GoAmerica, Inc. (NASDAQ: GOAM), a leading wireless Internet
services provider, today announced it has signed an agreement with
Staples Inc. (NASDAQ:SPLS), the office supplies and services retailer,
to feature GoAmerica's full range of wireless Internet and
communications services and product solutions. The new partnership
broadens GoAmerica's distribution strategy and targets home-based and
small business customers, while positioning Staples as the first
office superstore to offer a full array of wireless Internet
solutions.
"This agreement represents a new distribution channel and puts our
offerings in the hands of potential customers," said Aaron Dobrinsky,
CEO, GoAmerica Inc. "Staples' expansion in the wireless Internet
market is a progressive move and demonstrates a keen understanding of
its customers' need for flexible and reliable wireless Internet
services across multiple hardware platforms."
"Our partnership with GoAmerica allows us to extend our wireless
Internet category, significantly expand the wireless communication
service offerings, and positions us as the retailer of choice for
<28>wireless Internet solutions," said Jonathan Magasanik, Vice President
wireless Internet solutions," said Jonathan Magasanik, Vice President
and General Merchandising Manager, Staples Inc. "Given the increased
mobility of the U.S. workforce, we want to empower Staples' customers
to be more productive and more connected in their professional and
personal lives through the power of the Internet."
In August, Staples will extend the product offering of its
Technology Centers to include GoAmerica's comprehensive mobile data
solutions. The offering will initially be rolled out to Staples'
retail stores in major markets, including San Francisco, Boston, New
York, Dallas and Orlando. These services will also be available this
fall through Staples.com, a leading e-marketplace for small business.
In addition to providing access to critical information through
state-of-the-art wireless devices, GoAmerica and Staples are committed
to educating consumers on the benefits of wireless Internet, which
will ultimately enable professionals to thrive in today's fast-paced
mobile environment. GoAmerica will provide training programs to
educate Staples' sales associates on the benefits of wireless Internet
and provide ongoing support and in-store demonstrations to drive both
associate and consumer understanding.
GoAmerica's Go.Web(tm) service will be co-branded with Staples and
allow clients to browse the Internet and access, navigate and
<49>personalize Web content through an optimized browser interface. The
personalize Web content through an optimized browser interface. The
Go.Web(tm) technology compresses data, enabling users to enjoy
real-time access to important business information and Web content
including financial news, sports, weather, stock and travel updates.
Additionally, Staples' customers will enjoy flexibility on
GoAmerica's wireless Internet access service with GoAmerica's standard
pricing options. GoAmerica and Staples will offer customers a $100
mail-in rebate on hardware with a one-year unlimited service contract.

About GoAmerica

GoAmerica, Inc. is a nationwide wireless Internet service provider
based in Hackensack, NJ. GoAmerica enables its individual and business
subscribers to access remotely the Internet, email and corporate
intranets in real time by delivering its proprietary technology
through a wide variety of mobile computing and wireless network
devices. Through its Wireless Internet Connectivity Center, GoAmerica
offers its subscribers comprehensive and flexible mobile data
solutions for wireless Internet access by providing wireless network
<68>services, mobile devices, and subscriber service support. For more
services, mobile devices, and subscriber service support. For more
information, call 888-462-4600 or visit www.goamerica.net.
This news release contains certain forward-looking statements
intending to qualify for the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned that
such forward-looking statements involve risks and uncertainties, which
may affect GoAmerica, Inc.'s business, prospects and results of
operations. GoAmerica, Inc.'s business is subject to a number of
significant risks, including, but not limited to, risks relating to
GoAmerica, Inc.'s ability to increase and maintain its subscriber
base, uncertainties relating to the future demand for services in the
emerging wireless data services market and GoAmerica, Inc.'s ability
to successfully grow its infrastructure and manage expanded
operations. Such risks and others are more fully set forth in
<82>GoAmerica's filings with the Securities and Exchange Commission.
GoAmerica's filings with the Securities and Exchange Commission.
"GoAmerica" and "Go.Web" are trademarks of GoAmerica, Inc.

About Staples

Staples Inc. (NASDAQ:SPLS - news) is a $9 billion retailer of
office supplies, furniture, technology and services to consumers and
businesses, from home-based businesses to Fortune 500 companies in the
United States, Canada, the United Kingdom, Germany, the Netherlands
and Portugal. Headquartered outside Boston, Staples invented the
office superstore concept and today is the largest operator of office
<93>superstores in the world. The company has over 50,000 employees
superstores in the world. The company has over 50,000 employees
serving customers through more than 1,200 office superstores, mail
order catalogs, e-commerce and a contract business. More information
about the company is available at staples.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
Staples, Inc.'s business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties. For
a discussion of such risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
<103>statements, see "Risk Factors" in the Company's Annual Report or Form
statements, see "Risk Factors" in the Company's Annual Report or Form
10-Q for the most recently ended quarter.

--30--JRB/at*

CONTACT: GoAmerica
Ilya Welfeld, 201-996-1717
or
Staples Inc.
Jennifer Rosenberg, 508-253-7375
<113>

KEYWORD: NEW YORK NEW JERSEY
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
INTERNET SOFTWARE MARKETING AGREEMENTS

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