This is beginning to look interesting...stock at 1.34/1.44 on 60k as of 10.32...
WEBAccess Builds E-commerce Site On Intershop Technology
Fort Collins, Colo.--(BUSINESS WIRE)--Feb. 1, 1999--WEBAccess, a wholly owned subsidiary of Applied Computer
Technology Inc. (OTC BB:ACTI - news), Monday announced that it will deploy electronic commerce services based on the
InterShop 3 hosting platform for its regional community oriented e-commerce site.
This site is slated for 'opening' late 1st Quarter, 1999.
InterShop Communications Inc. (Neuer Markt:ISH) develops and distributes e-commerce software that integrates storefront
design tools, back office and database management tools, and e-commerce hosting capabilities. InterShop's award-winning
technology provides a development environment that allows merchants and hosts to maximize the potential of electronic
commerce.
Intershop is an industry leader in software solutions for e-commerce and is currently utilized to host multivendor electronic
commerce sites such as The Globe's (Nasdaq:TLGO - news) Theglobe.com and Ticketmaster's (Nasdaq:TMCS - news)
CitySearch.com. Additionally, many large ISPs are utilizing this software to host their own electronic communities including
Mindspring Enterprises Inc. (Nasdaq:MSPG - news) and PSINet Inc. (Nasdaq:PSIX - news).
In commenting on this development, Bud Prentice, president of Applied Computer Technology/WEBAccess, stated,
''WEBAccess chose InterShop's state of the art e-commerce technology for its robustness, scalability, and demonstrated
ability to host a variety of clientele ranging from a single online store to a complex e-commerce community. InterShop's features
and proven track record in the e-commerce service industry will give WEBAccess the competitive advantage to offer
expanded web hosting and development services.''
''Strong regional service providers such as WEBAccess are becoming increasingly important for bringing electronic commerce
to a mass audience,'' said Al Powell, InterShop's vice president of sales. ''The partnership with WEBAccess will strengthen
InterShop's presence in online communities who leverage their services to match access customers with regional businesses.''
In closing, Prentice stated: ''The implementation of InterShop's development tools is an important step towards the realization
of WEBAccess.com. Through WEBAccess.com, the company intends to develop a strong regional community that joins
WEBAccess members and WEBAccess businesses in a shopping consortium. WEBAccess's electronic community will be
similar to those hosted by Xoom (Nasdaq:XMCM - news), GeoCities (Nasdaq:GCTY - news), and Go2Net (Nasdaq:GNET
- news) but will be regional in scope. We believe that a regional community offers significant advantages to both members and
businesses.''
Applied Computer Technology is a Colorado-based service provider with emphasis on networking, service and Internet
connectivity. WEBAccess Inc. is a Colorado-based Internet Services Provider providing dial-up and dedicated access services
as well as hosting services in Denver, Fort Collins, Colorado Springs and Boulder.
Included in this release are 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. Although the company believes that the
expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations
reflected in such forward-looking statements will prove to be correct. The company's actual results could differ materially from
those anticipated in the forward-looking statements as a result of certain factors including sales levels, access to capital,
competition trends, and other market factors.
Contact:
The Michelson Group Inc.
800/807-5121
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