Prodigy and HotOffice Team to Offer Affordable
Intranets for Small Businesses
Business Wire - March 29, 1999 08:35
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--March 29, 1999--Prodigy Communications
Corporation (NASDAQ NMS: PRGY) announced today that Prodigy Business Solutions has
teamed up with HotOffice Technologies, Inc. to offer a co-branded version of the
award-winning HotOffice(TM) Web-Based Intranet Service to Prodigy's small and mid-sized
business customers.
The software enables business customers to create their own Intranet and use them to
communicate and collaborate internally via the World Wide Web.
As part of the agreement, Prodigy will market and distribute HotOffice from the Prodigy
Business Solutions Web site at www.prodigybusiness.com, via direct mail, online and in print
advertising. HotOffice in turn will provide a co-branded version of HotOffice that will include
links to the Prodigy Business Solutions Website, enabling Prodigy to cross-merchandise its
existing offerings.
"Prodigy's Internet expertise and Web hosting services, together with HotOffice, offers
customers the all-in-one solution for turning the Web into a powerful business tool for a
company of any size," said Jim Dougherty, general manager of Prodigy Business Solutions.
"Offering our customers the most comprehensive, easy-to-use, yet affordable services is what
empowers them to compete and grow their business."
"HotOffice is an ideal complement to Prodigy's new focus on the small business marketplace,"
said Michael Franz, chairman and CEO of HotOffice Technologies, Inc. "Prodigy provides
the hosting and the know-how for the user to get to the Web, and HotOffice gives them an
additional reason for being there, turning it into a productive, money-saving experience."
About HotOffice Technologies, Inc.:
The HotOffice Web-Based Intranet Service is the first product to be awarded both "Premiere
Product" at DEMO and "Debut Company" at PC Forum, two of the industry's most
prestigious events. Among its many accolades, HotOffice has received the PC Magazine
Editors' Choice Award, a "Four Star Award" by PC Computing Magazine, and was listed as
the Best Small Office Internet Solution in the Gadget Guru's Guide to the Best (syndicated
columnist and NBC Today Show Correspondent). HotOffice Technologies, Inc., founded in
1995, is based in Boca Raton, Florida and is funded in part by Intel Corporation and TBG
Information Investors, a partnership of Blumenstein/Thorne Information Partners and GS
Capital Partners II, an affiliate of Goldman Sachs Group.
About Prodigy Communications Corporation:
Prodigy Communications Corporation is a leading nationwide Internet service that provides
fast and reliable Internet access and related value-added services. Prodigy utilizes a
nationwide network covering more than 600 cities in all 50 states allowing approximately 83%
of the United States population to access Prodigy's services with a local telephone call.
Prodigy Internet enables the Internet to be used as a productivity tool by allowing subscribers
to obtain and communicate desired information quickly and efficiently in an easy and
personalized manner.
This press release contains forward-looking statements that involve a number of risks and
uncertainties. Among the important factors that could cause actual results to differ materially
from those indicated by such forward-looking statements are the intense competition in the
Company's industry, a change in the expected benefits to the Company as a result of the
agreement with HotOffice or its termination under certain circumstances, disruption in the
Company's network services or in other services provided by third parties, the impact of year
2000 issues, as well as the risk factors detailed from time to time in the Company's periodic
reports and registration statements filed with the Securities and Exchange Commission.
CONTACT: Prodigy, White Plains
Dan Levine, 914/448-3337
Pager: 800-225-0256 pin# 5977445
danlevine@prodigy.net
or
Middleberg + Associates, New York
Mike Zakkour, 212/699-2540 |
