INSYNQ INC (U-ISYN) - News Release
InsynQ Announces 'Always-On' Computing for Broadband/ISP Billion Dollar Market; An Additional Income Source for Internet Service Providers
TACOMA, Wash.--(BUSINESS WIRE)--Sept. 17, 2003--InsynQ, Inc. (OTC
BB: ISYN) announced today that it began marketing of its Always-On
Utility Computing wholesale web services directed to major
telecommunication carriers as well as independently-owned and operated
Internet Service Providers (ISPs).
John P. Gorst, President, commented "For the last two years InsynQ
has been developing and refining the Always-On Utility Computing
service with wholesale partners including a major telecommunications
company in the mid-west. We have proven that we can bundle on-line
software services with broadband and market that product through our
wholesale partners to significant numbers of potential customers. We
feel the market has finally matured and is educated as to the value of
reducing IT costs and receive added benefits by subscribing to our
'Shared Utility Computing Services.' We expect, in the next three to
five years, to capture 2 - 3% of this billion dollar broadband market.
"In today's small business environment, it is the local ISP and
broadband providers who can be the first stop for many businesses
needing technical advice. It is that relationship that we feel can be
expanded through the introduction to our Always-On product lineup.
Always-On service can include virus protection, data storage and
hosted software such as Microsoft Office, Intuit QuickBooks, ACT!
Sales Force tools as well as many others. Overall, these services are
expected to provide significant benefits by creating a stronger and
more diversified operations both for InsynQ as well as with our new
wholesale partners enabling greater efficiencies, infrastructure cost
savings, and more diverse products for customers.
"For an ISP that provides broadband or dial-up services to compete
in today's fast moving market, it must be willing to adapt itself to
customer technology needs that continue to evolve. New services are
introduced continually as technology advancements have allowed thus
creating opportunity for customer up-sell. The over 7,000 small to
mid-size ISPs out there are looking to expand their service offerings
so to generate not only additional income, but also to create a market
niche differentiating themselves from national competitors."
This level of service provides standard off-the-shelf Windows
applications to small/medium enterprise and SoHo clients on a
subscription basis alleviating the need for the client to purchase
licenses, servers, antivirus software, or other items needed to
maintain a Windows network. The Always-On service is provided through
direct telesales for the smaller (10 - 50 user) clients, and through
face-to-face sales for the larger clients that have more complex
needs.
For its subscribers, Always-On offers immediate access to a
variety of software titles, with no installation required. The Insynq
ASP model eliminates the need to install and maintain software on
personal computers, allows for storage of data and information either
on the server or the local machine, and provides value added features
while using the software. This ASP model also reduces the risk of
computer viruses and allows for ongoing backups of user data and
important information.
About InsynQ
InsynQ has been delivering software application hosting, business
process outsourcing and managed IT services since 1997. InsynQ allows
its customers to "turn on" their software applications and
workstations instantly through any web-enabled computer, regardless of
the operating system. In addition, InsynQ subscribers can outsource
traditional business processes by using the Internet as a wide area
network (WAN) by sharing computing resources across our
infrastructure. Customers can freely share secure access of their
software and data with their business partners, using any computer,
anywhere in the world. For more information, visit us at
www.insynq.com or call us at 253/284-2000 ext. 7.
* Microsoft Office is a trademark of Microsoft Corporation.
QuickBooks is trademark of Intuit Corporation. ACT! is a trademark of
Sage Corporation.
Forward-Looking Statements
Statements made in this press release that state the Company or
management's intentions, beliefs, expectations, or predictions for the
future are forward-looking statements. Such forward-looking statements
are subject to a number of risks, assumptions and uncertainties that
could cause the Company's actual results to differ materially from
those projected in such forward-looking statements. These risks,
assumptions and uncertainties include: the ability to complete systems
within currently estimated time frames and budgets; the ability to
compete effectively in a rapidly evolving and price competitive
marketplace; changes in the nature of telecommunications regulation in
the United States and other countries; changes in business strategy;
the successful integration of newly-acquired businesses; the impact of
technological change; and other risks referenced from time to time in
the Company's filings with the Securities and Exchange Commission.
--30--IS/ny*
CONTACT: Insynq, Inc.
253-284-2000
www.insynq.com
Sales: James Torpey
sales@insynq.com
Investor Relations:
irl@insynq.com
KEYWORD: WASHINGTON
INDUSTRY KEYWORD: SOFTWARE HARDWARE PRODUCT
SOURCE: InsynQ, Inc.
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