More new business news:
Futurelink Signs Partnership Agreement
With Net Perceptions
Business Wire - July 08, 1999 11:48
IRVINE, Calif.--(BUSINESS WIRE)--July 8, 1999--FutureLink
Distribution Corporation (NASD:OTC:BB:FLNK), a leading application
service provider (ASP), today announced a partnership with Net
Perceptions (TM) (NASDAQ:NETP), the leader in real-time
personalization solutions. The alliance consists of two major components.
Net Perceptions has chosen FutureLink as its Application Service Provider,
providing its ASP services to Net Perceptions; in addition, FutureLink
becomes the first ASP reseller of licenses for Net Perceptions' products.
"This alliance is a pivotal development in FutureLink's e-commerce business
strategy. The Internet is a hotbed for retail business, and our partnership
with Net Perceptions establishes a strong foundation for FutureLink's
participation in that burgeoning industry," said Cameron Chell, CEO of
FutureLink. "Net Perceptions is a noted leader in the real-time
personalization solutions industry, evident by their impressive customer base
including CDnow, E!Online, Tower Records and Ticketmaster Online. We
look forward to working with Net Perceptions to provide customers
leading-edge ASP e-commerce solutions."
As stated in the terms of the agreement, Net Perceptions will allow
FutureLink to host, manage and resell software licenses on a subscription
basis to current and future customers. FutureLink, at the forefront of ASP
vendors, provides small and mid-size businesses with applications for a
monthly fee. FutureLink provides application hosting, business consulting
and outsourcing services as part of its overall ASP services. In addition,
FutureLink and Net Perceptions will also partner for several key
co-marketing initiatives.
"FutureLink is an impressive and influential member of the ASP industry.
Their ASP expertise, combined with their understanding of our business,
solidifies our confidence in their abilities to deliver premium service," said
Steven Snyder, president and CEO of Net Perceptions. "In addition, the
trend towards real-time marketing, which enables more business to be
transacted on line, is a significant factor in our growth. FutureLink will be a
valuable partner in expanding our customer base and capitalizing on this
emerging market."
About Net Perceptions
Net Perceptions is a leading supplier of real-time personalization solutions
that enable Internet retailers to market to customers on a true one-to-one
basis. Net Perceptions is the originator of the Realtime Recommendation
Platform, which integrates collaborative filtering, neural network, fuzzy logic
and genetic algorithm technologies, and automatically applies the optimum
technology to whatever recommendation or personalization task is at hand.
Net Perceptions' founders include the original team of University of
Minnesota researchers who pioneered the concepts and applications of
collaborative filtering. Net Perceptions products include Net Perceptions for
E-Commerce, Net Perceptions for Call Centers and the Net Perceptions
Recommendation Engine.
Net Perceptions, based in Minneapolis, is a publicly held company
(NASDAQ:NETP) which operates additional offices in New York and San
Francisco. Nearly 85 Internet innovators have selected Net Perceptions
solutions including: ART.com, Audio Book Clubs, Bertelsmann Online,
Billboard Talent Net, CDnow, E!Online, iVillage, Planet Direct, SkyMall,
Ticketmaster Online and Tower Records. Net Perceptions can be reached
by calling 1-800-466-0711 or on the World Wide Web at
netperceptions.com.
About FutureLink
FutureLink is a founder of the Application Services Provider (ASP)
industry. According to Forrester Research Inc., the application outsourcing
market is projected to reach $20 billion by 2001. FutureLink provides small
and mid-sized businesses (10-1,000 employees) with off-site,
Internet-based computing, allowing subscribers to minimize costly
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 ASP 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.
Forward-looking statements and comments in this news release are made
pursuant to safe harbor provisions of the Securities Exchange Act of 1934.
Such statements relating to, among other things, the prospects for the
companies to complete the transaction and enhance operating results, are
necessary subject to risks and uncertainties, some of which are significant in
scope and nature. These risks may be further discussed in periodic reports
and registration statements to be filed by the company from time to time
with the Securities and Exchange Commission in the future.
CONTACT: FutureLink, 877/216-6001
sales@futurelink.net
URL: futurelink.net.
|
