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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

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To: Mohan Marette who started this subject8/7/2000 4:56:22 PM
From: Michael Olds  Read Replies (1) of 1884
 
Digital Island Forms Global Network Service Agreement With RESoft Incorporated
PR NEWSWIRE - August 07, 2000 16:36
MINNEAPOLIS, Aug 7, 2000 /PRNewswire via COMTEX/ -- Digital Island, Inc. (Nasdaq: ISLD), a leading Global e-Business Delivery Network, announced today it has formed a global network service agreement with RESoft Incorporated, a real estate technology company.

Digital Island's hosting and data transfer technology are key components of RESoft's suite of online real estate solutions, which provide Internet-based property management tools designed to enhance the day-to-day operations of real estate owners and property managers.

"Digital Island's global reach, high connectivity and commitment to customer care will help us create an exceptional online experience for our customers worldwide," said Odeh A. Muhawesh, RESoft CEO. "Digital Island is an important partner as we continue the development of our real estate technology to ensure that our programs are secure and delivered at a high speed."

"The demand for fast and reliable information is prompting innovators like RESoft to use Digital Island's e-Business Delivery Network for demanding applications such as worldwide commercial property management," said Tim Wilson, vice president at Digital Island. "By providing their customers with a superior end-user experience, RESoft has the ability to let property owners and managers access and share important property and financial information anytime -- accelerating customer acquisition and improving customer retention."

About RESoft

RESoft Incorporated, the real estate technology company, was founded in 1987 and has implemented numerous document management systems for major corporations globally, including 3M, Land O'Lakes, General Mills, Pillsbury and Medtronic. The company's technology management team consists of experts in all facets of software and system design, as well as Internet connectivity and security issues. RESoft's real estate professionals have over $6 billion in ownership experience. RESoft is a subsidiary of Stonehaven (Amex: RPP), a Minneapolis-based real estate and technology company. More information can be found on the RESoft, Inc. website at resoftinc.com
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