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Technology Stocks : Cornerstone Internet Solutions (CNRS)

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To: Pamela Murray who wrote (19)12/7/1998 1:25:00 PM
From: brent gephart   of 131
 
Monday December 7, 11:51 am Eastern Time
Company Press Release
SOURCE: Cornerstone Internet Solutions
Shopping4Sure Launches State of the Art Electronic Commerce Site Developed by USWeb Cornerstone
NEW YORK and NORWALK, Conn., Dec. 7 /PRNewswire/ -- Today Cornerstone Internet Solutions (Nasdaq: CNRS - news), a leading Internet professional services firm affiliated with USWeb Corporation [Nasdaq:USWB - news], and Shopping4Sure, ''your new Internet-based product superstore,'' launched a highly sophisticated electronic commerce site to market computers and related products.
The online store, located at computers4sure.com, aims to provide customers with the best computer values and service available anywhere online. Initially the store offers over 45,000 premium computer products provided by the world's largest wholesale distributor, Ingram Micro, Inc. The state-of-the-art online store, provides pricing and availability in real time, 24 hours a day, 7 days a week, and offers secure online purchasing with major credit cards, including Visa, MasterCard, American Express, and Discover.
''Time to market and robust industry leading e-commerce functionality were key requirements for us, we were determined not to miss the holiday rush,'' said Bruce Martin, Co-founder, President and Chief Executive Officer of Shopping4Sure. ''After an extensive evaluation of potential technology partners we selected USWeb Cornerstone based on their e-commerce experience, and their ability to provide a complete solution. They pulled out all the stops and in four months from start to finish they have delivered an outstanding phase 1 e-business system. We are delighted with the results and look forward to a continued partnership with USWeb Cornerstone to implement future extensions in functionality and scope.''
''This system clearly demonstrates our expertise in the design, development and deployment of world-class e-Business solutions,'' added Ed Schroeder, President and CEO of Cornerstone Internet Solutions.
Behind the scenes, the online store integrates a variety of software including Microsoft Site Server v3 Commerce Edition, Great Plains accounting system, Tan Data, CyberSource, and SQL Server. In addition, a custom transactional interface was developed to tightly link Computers4Sure to the Ingram Micro inventory and distribution systems. The interface was designed to ensure the straightforward addition of new fulfillment channels and new lines of business.
''The scope and complexity of this system underscores our ability to deliver world class e-business solutions against extremely aggressive timelines,'' said David Rowe, Vice President Development at Cornerstone Internet Solutions. ''We designed the system to be able to grow with Computers4Sure: it will scale to support over half a million products, and very high transaction volumes. We are currently hard at work adding new features and capabilities to the online store in support of Computers4Sure's ongoing drive to become the leading Internet-based computer product superstore.''
Company Backgrounds
Cornerstone Internet Solutions (http://www.crstone.com) is an award-winning strategic Internet services firm helping clients achieve their revenue, profit, market share, and customer loyalty objectives through Internet strategies and systems. Primary areas of expertise include the design, development and deployment of cutting-edge electronic commerce, digital asset management, and extranet business systems. Through its affiliation with USWeb Corporation and partnerships with leading technology providers including Oracle, Microsoft and BullDog. Cornerstone Internet Solutions delivers unsurpassed strategy, technology and creative services. Its client's range from medium-sized business to Fortune 50 corporations.
Founded in May 1998, Computers4Sure (http://www.computers4sure.com) was created to provide customers with a premium array of computer products at year-round competitive prices. By incorporating the latest online technology, superior product assortment, and established vendor contacts, Computers4Sure offers the selection, search capabilities, security, and speediness you're looking for in an e-commerce web site. Come visit Computers4Sure at www.computers4sure.com and discover the best value and service for computer products you'll find anywhere, anytime, online!
USWeb and the USWeb logo are trademarks of USWeb Corporation.
Some paragraphs of this news release, particularly those describing Cornerstone's projects and anticipated revenues, contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Cornerstone is working to complete these projects to its clients' complete satisfaction, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in implementing desired features, delays in completing the project, technical challenges, cost overruns, changes in design and so on, any of which could have an adverse effect on the company's relationship with its client, the company's reputation in the industry or the company's expected financial return from undertaking the project. Factors such as these could have an adverse effect on the company's results of operations. In light of significant uncertainties inherent in forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

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