( BW)(MA-PROGRESS-SOFTWARE)(PRGS)(FLNK) FutureLink to Provide Hosting Services for Progress Software Corporation's Application Solutions
Business/Technology Editors
BOSTON--(BUSINESS WIRE)--May 24, 1999--
More Than 2000 Progress Software ISVs Can Now
"Lease" Their Applications to Customers Via Leading
Application Service Provider (ASP)
FutureLink Distribution Corp., (NASD OTC BB:FLNK), "The Computer Utility Company," and Progress Software Corporation (NASDAQ:PRGS) announced today that FutureLink has been selected to provide application hosting and management services for Progress Software's 2,000 Independent Software Vendors (ISVs) and their estimated 5,000 Progress -based applications solutions available worldwide. The announcement was made here today at Progress Software's 1999 Worldwide Users Conference.
FutureLink will provide hosting services for applications developed by participating Progress Software's ISVs, charging end-users on a per-seat monthly subscription basis. FutureLink will manage and deliver these application capabilities to end users from its data centers across a wide area network.
For end users, this new program presents a viable alternative to costly procurement, implementation and management of Progress-based applications and provides a vehicle for precisely controlling total cost of technology ownership.
"Our experience has shown that vertical applications focused on the small to midsize market are a great fit for the ASP model," said Cameron Chell, chairman and chief executive officer of FutureLink. "Applications built on Progress by their ISVs are brilliantly positioned for the ASP market because of their thin-client flexibility and lowest total cost of ownership. We look forward to working with such a well-positioned partner as Progress Software."
"We are pleased to team with FutureLink, the industry leading full-service ASP, and are looking forward to many of our more than 2,000 ISVs being able to quickly penetrate new markets via this exciting new model," said, Jeff Weil, ASP program director, Progress Software. "FutureLink's focus on small to mid-size businesses maps well to our more than 5,000 Progress-based applications that have industry leading low total cost of ownership solutions. Progress Software technology, together with FutureLink - the Computer Utility Company - are sure to be successful."
About Progress Software
Progress Software Corporation (NASDAQ:PRGS) is a global supplier of software products and services for developing, deploying and managing business solutions across all computing and network environments. Our products, which are installed in over 60% of Fortune 100 companies, include application servers, databases, development tools and application management products for Internet/Web, extranet and intranet applications.
Progress Software customers operate in 100 countries, are supported by 1,200 employees worldwide, and deploy annually over $1.5 billion in Progress Software-based applications built by more than 2,000 independent software vendors (ISVs). For more information, visit www.progress.com or +1-781-280-4000.
About FutureLink
FutureLink is a founder of the Application Service Provider (ASP) industry. According to Forrester Research Inc., this industry is projected to reach $6.4 billion by 2001. FutureLink provides small and mid-sized businesses (10-1,000 employees) with off-site, Internet-based computing, allowing subscribers to escape hardware/software upgrade cycles, precisely control total cost of technology ownership and focus on their core businesses. FutureLink's expertise in application hosting on a monthly subscription basis, outsourcing and facility management, and business practices consulting enables the company to offer an all-inclusive, trouble-free service at a predictable price. FutureLink, "The Computer Utility Company," offers computer and information service as transparently and reliably as today's utilities deliver electricity, water and telephone services. For more information, contact FutureLink toll-free at (877) 216-6001; e-mail: sales@futurelink.net; or visit the FutureLink Web site at futurelink.net.
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CONTACT: FutureLink
Leone Bechard, (877) 216-6001
lbechard@futurelink.net
or
Troy Cleland (Investors), (877) 216-0001
invrel@futurelink.net
KEYWORD: MASSACHUSETTS INTERNATIONAL CANADA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS OIL/GAS
INTERACTIVE/MULTIMEDIA/INTERNET |
