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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: cog who wrote (39371)5/11/1999 3:45:00 PM
From: SMALL FRY  Read Replies (2) of 120523
 
VRIO - Could be a gapper tomorrow... that's why every trader in captivity are piling on!

<NEWS>
News Alert from BusinessWire via Quote.com
Topic: (NYSE:T) At&T Corp, (NASDAQ:BDLS) , (NASDAQ:CSCO) Cisco Systems,
(NYSE:CPQ) Compaq Computer, (NASDAQ:CTXS) Citrix Systems, (NASDAQ:EXDS) ,
(NASDAQ:GTE) GTE Corp, (NYSE:IBM) Intl Business Machines, (NASDAQ:GPSI) ,
(BB:JAWZ) , (NASDAQ:MRBA) , (NASDAQ:ONXS) , (NASDAQ:WCOM) Mci Worldcom,
(NASDAQ:VRIO) ,
Quote.com News Item #10060099
Headline: 25-Member International Consortium Formed to Advance Application
Service Provider Market

======================================================================

LAS VEGAS--(BUSINESS WIRE)--May 11, 1999--

ASP Industry Consortium To Foster Understanding Of and Guidelines For
New Multi-Billion Dollar Market

At a press conference held today at Networld+Interop, 25 leading
technology companies announced that they have formed an international
advocacy group dedicated to promoting greater understanding of and
guidelines for the fast-emerging application service provider
industry. Based in Massachusetts, the Application Service Provider
Industry Consortium (ASP Industry Consortium) will sponsor research,
foster standards and work to articulate the measurable benefits of the
evolving ASP delivery model.
The 25 founding members of the ASP Industry Consortium include
AT&T (NYSE:T); AristaSoft Corp., Boundless Technologies, Inc.
(NASDAQ:BDLS); Cisco Systems, Inc. (NASDAQ:CSCO); Citrix Systems,
Inc. (NASDAQ:CTXS); Compaq Computer Corporation (NYSE:CPQ); Cylex
Systems, Inc., Ernst & Young LLP; Exodus, Inc. (NASDAQ:EXDS);
FutureLink Distribution Corp. (NASDAQ:FLNK); GTE (NYSE:GTE); Great
Plains Software (NASDAQ:GPSI); IBM Corp. (NYSE:IBM); Interpath
Communications, Inc.; JAWS Technologies Inc. (NASD OTC BB:JAWZ);
Marimba, Inc. (NASDAQ:MRBA); Onyx Software Corp. (NASDAQ:ONXS);
SaskTel; Sharp Electronics Corp.; Sun Microsystems, Inc. (NASDAQ:SUNW); The
Taylor Group; Telecomputing ASA; UUNET (an MCIWorldCom
Company, NASDAQ:WCOM); Verio, Inc. (NASDAQ:VRIO); and Wyse
Technology.
Representatives from the 25 founding member companies held their
first face-to-face organizational meeting earlier this month. Officers
have been elected: Traver Gruen-Kennedy of Citrix, Chairman and
spokesperson for the group; Cameron Chell of FutureLink, President;
Paula Hunter of Compaq Computer Corporation, Vice President; and Chad
Corneil of Great Plains, Secretary-Treasurer. Representatives of the
25 ASP Industry Consortium founders hold seats on the ASP Industry
Consortium, Inc. Board of Directors.
An application service provider manages and delivers application
capabilities to multiple entities from data centers across a wide area
network.
ASPs give customers a viable alternative to procuring and
implementing complex systems themselves. In some cases, ASPs even
provide customers with a comprehensive alternative to building and
managing internal information technology operations. ASP customers
also are able to control more precisely the total cost of technology
ownership through scheduled payment schemes.
Though the ASP market is relatively new, computer industry
analysts foresee rapid growth and multi-billion dollar annual sales
within the next few years.
Companies interested in furthering awareness and growth of the
ASP industry are invited to join the ASP Industry Consortium. There
are three levels of consortium participation - Founding, Executive and
Associate membership - with varying annual dues and privileges.
Membership and other information about the ASP Industry
Consortium is available on the consortium's Web site at
www.aspindustry.org or by calling the consortium at 781-246-9321.

About the ASP Industry Consortium

Founded in May of 1999, the Application Service Provider Industry Consortium is an international advocacy group of companies formed to
promote the application service provider industry by sponsoring
research, fostering standards, and articulating the measurable
benefits of this evolving delivery model. Founding members of the ASP
Industry Consortium include AT&T; AristaSoft Corp.; Boundless
Technologies, Inc.; Cisco Systems, Inc.; Citrix Systems, Inc.; Compaq
Computer Corporation; Cylex Systems, Inc.; Ernst & Young LLP; Exodus
Communications, Inc.; FutureLink Distribution Corp.; GTE; Great Plains
Software; IBM Corp.; Interpath Communications, Inc.; JAWS Technologies
Inc.; Marimba, Inc.; Onyx Software Corp.; SaskTel; Sharp Electronics
Corp.; Sun Microsystems, Inc.; The Taylor Group; Telecomputing ASA;
UUNET; Verio, Inc.; and Wyse Technology.

Information on the ASP Industry Consortium is available on the
World Wide Web at www.aspindustry.org or by contacting consortium
headquarters at: ASP Industry Consortium, Inc., 401 Edgewater Place,
Suite 500, Wakefield, Mass. 01880; Tel: 781-246-9321.

CONTACT: ASP Industry Consortium
John Lamontagne, (781) 224-1100

lamontagne@aspindustry.org

KEYWORD: MASSACHUSETTS NEVADA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS TRADESHOW

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

Copyright 1999, Business Wire

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