10/04/04 Urban Technology Ventures LLC Launches FreeProjectManager.com, a New Low-Cost ASP Alternative For Companies To Collaborate Online
LOS ANGELES, CA, Oct. 4 /PRNewswire-FirstCall/ -- Urban Technology Ventures LLC ("UTV" or the "Company") urbantechnologyventures.com of Los Angeles California, which recently signed a Letter of Intent to be acquired by KIWI Network Solutions Inc. ("KIWI") (OTCBB: KWNS - News), a developer and integrator of web-based, wireless network applications and wireless device technology, announced today that UTV has launched freeprojectmanager.com, an ASP offering of the UTV's web based Project Management Suite. The server/thin client based application is designed to work seamlessly in the desktop environment, and on pocket PC wireless and communicator devices using a standard web browser.
UTV offers a free version for single users and sells software licensees a monthly service starting at $59 to $299 a month for 2 to 100 user licenses. The application is also being offered as a private or client branded solution for larger service providers looking to add a valuable applications layer service to their current ISP offerings and as a "value" add for business class services. Mobile Virtual Network Operators, WIFI, WIMAX and emerging network operators can license the server application and deploy the suite to client devices as a value added feature. The Company has been approached by numerous enterprise licensing interests and is anticipating a large number of unit subscriptions of the PMS product.
"Since activating and launching freeprojectmanager.com on September 1, 2004, UTV has sold numerous customer licenses, and is in negotiations with several Fortune 500 customers for long term PMS licenses," stated Toby Morning, founder and CEO of UTV. He further stated "We are very pleased and encouraged with the initial response to the product."
Derek Pepler, President and Director of KIWI stated, "UTV's product launch of freeprojectmanager.com represents a key leap in establishing a revenue base and monthly subscription income for KIWI. This is the first of many products yet to be introduced."
The software is bundled with useful management modules such as Contacts, Files, Projects, Tasks, Forums, Issue Tracker, Knowledge Base, Client Dashboard, and Expenses. The system is fully customizable to each organization's needs through the intuitive browser based "Manage My PMS" web module. The application is similar to other products in the marketplace, but is being offered at a fraction of the cost for enterprise and medium size organizations. The Company believes that freeprojectmanager.com suite delivers more efficient server functionality and more versatile and agile product offerings as compared to other products on the market. UTV's application, while outpacing the functionality of others, has been positioned at an affordable price point to meet cost sensitive client thresholds for CAL's (Client Access Licenses). UTV's marketing approach is aimed to provide an affordable monthly ASP offering, with zero set-up, zero start-up cost, and no maintenance.
KIWI Network Solutions Inc. is a developer and distributor of third party devices and peripherals that are enabled to deliver 2-Way voice, video, audio, data and short messaging over applicable broadband Internet Protocols, Multiple Cellular Networks, Short Messaging, 802.11B/G and other networks. KIWI recently entered into an agreement with Lyrtech Inc. (http://www.lyrtech.com/) (TSX-V: LYT - News), a globally recognized player in digital signal processing (DSP) technologies, for the final design, development and certification of KIWI's Proprietary Handheld Communicator. The technologies and hardware are compatible with all major cellular carriers, ISPs and virtual network companies.
This material includes forward-looking statements based on management's Current reasonable business expectations. In this document, the words "can," "anticipates," and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities Act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes. The material should be read in conjunction with the Company's current annual and quarterly reports filed with the SEC, which contain discussions of currently known factors that could significantly impact the Company's future expectations.
CONTACT: Derek Pepler, President, Director, KIWI Network Solutions Inc.,Direct Line: (416) 271-2514, Email: dpepler@gcg.ca; Toby Morning, CEO,Urban Technology Ventures LLC, Direct Line: (323) 908-1550,Email: toby@urbantechnologyventures.com
Contact:
Derek Pepler
President, Director, KIWI Network Solutions Inc.
Direct Line: (416) 271-2514
Email: dpepler@gcg.ca
Toby Morning
CEO
Urban Technology Ventures LLC
Direct Line: (323) 908-1550
Email: toby@urbantechnologyventures.com
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