ESFT news...
Monday June 7, 8:01 am Eastern Time Company Press Release SOURCE: eSoft Inc. eSoft Announces Linux Software Licensing Program; redphish to Power Linux Internet Software and Embedded Systems BROOMFIELD, Colo., June 7 /PRNewswire/ -- eSoft Inc. (Nasdaq: ESFT - news), the company that develops Internet access solutions for small businesses, today announced redphish(TM), a program that enables third parties to license eSoft's market-leading Linux(TM) Internet server engine and professional engineering services.
Third party Linux-based server manufacturers and suppliers can now, through redphish, create OEM or private-label Internet server and appliance solutions. In addition, they can engage the company's engineering services for creating customized or embedded Linux-based software solutions. redphish combines over 20 years of product software experience gained from the design and development of the TEAM Internet® product line, the first Linux based Internet appliance designed specifically for the small to medium-sized business customer, with eSoft's expertise in designing and developing embedded software solutions.
''We are very excited about the redphish announcement,'' said Jeff Finn, president and CEO of eSoft. ''The market demand for Linux-based solutions has been growing dramatically and we believe we are well positioned to provide Linux-based server suppliers with an unbeatable combination of a proven, commercially successful software offering, backed up by one of the largest group of professional Linux engineers. We believe the software licensing approach we are taking enables redphish customers and partners to achieve significant time to market advantages without incurring the considerable R&D costs associated with developing such a product.''
''Redphish extends the market leadership position we have established for Linux-based, small business Internet servers,'' added Finn. ''We believe the ability to deliver turn-key software to Linux server suppliers, operating Red Hat® 6.0, will be very appealing to the marketplace. In addition, we are uniquely positioned to provide a range of Linux engineering services that enables us to provide highly customized and embedded software solutions. redphish expands the market for Linux by providing the reliability, scalability and performance required for commercial embedded applications and appliances.''
About eSoft Inc
eSoft Inc. was founded in 1984 with headquarters in Broomfield, Colo. eSoft provides a family of Internet appliances and services that enable small to medium-sized business to harness the full power of the Internet. The TEAM Internet family of products is designed for businesses with up to 200 workstations and provides low-cost, LAN-to-Internet connectivity and includes a range of features, including e-mail, Web browsing, firewall security, a Web server, remote access and virtual private network (VPN) functionality. Contact eSoft at 295 Interlocken Blvd., #500, Broomfield, Colo., 80021, USA; 303-444-1600 phone; 303-444-1640 fax; www.esoft.com. TEAM Internet is a registered trademark of eSoft Inc.
Editors Note: All other names and trademarks are the property of their respective owners
Statements made in this Press Release that are not historical or current facts are ''forward-looking statements'' made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (''The ACT'') and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as ''may,'' ''will,'' ''expect,'' ''believes,'' ''anticipate,'' ''estimate,'' ''approximate'' or ''continue,'' or the negative thereof. The Company intends that such forward-looking statements be subject to the safe harbors for such statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the Company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, and failure to gain product approval in foreign countries and failure to capitalize upon access to new markets. Additional risks and uncertainties which may affect forward-looking statements about the Company's TEAM Internet business and prospects include the possibility that a competitor will develop a more comprehensive or less expensive TEAM Internet solution, delays in market awareness of eSoft and its products, possible delays in eSoft's marketing strategy, which could have an immediate and material adverse effect by placing eSoft behind its competitors. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. These factors and others are discussed in the ''Management's Discussion and Analysis'' section of the Company's Reports on Form 10-KSB for the fiscal year ended December 31, 1998 to which reference should be made.
SOURCE: eSoft Inc. |