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Monday July 19, 8:03 am Eastern Time
Company Press Release
SOURCE: eSoft, Inc.
eSoft Signs Agreement with Covad Communications for Distribution of DSL Services
eSoft and Covad to Provide Business Customers with DSL Service Package For Internet Connectivity
BROOMFIELD, Colo., July 19 /PRNewswire/ -- eSoft Inc. (Nasdaq: ESFT - news), the company that develops Internet access solutions for small businesses, today announced it has teamed with Covad Communications (Nasdaq: COVD - news), a leading broadband access provider that provides Digital Subscriber Line (DSL) services to business and residential customers. Together, eSoft and Covad will help companies improve business performance by providing high-speed Internet services necessary to compete in today's competitive marketplace.
Under the terms of the agreement, eSoft's value-added resellers (VARs) can sell a bundled service package that includes a TEAM Internet system and fast Internet access via DSL provided by Covad.
''With products such as TEAM Internet, small businesses are quickly learning they can exploit the Internet as a strategic business tool. In addition, broadband access services which were typically reserved for larger companies in the past, are now easily affordable with this DSL connectivity,'' said Jeff Finn, president and CEO of eSoft. ''As the cost of bandwidth goes down, more and more small business customers are looking to services such as high-speed DSL to use for Internet access.''
''We are excited to be working with eSoft,'' said Bob Grant, Covad's central region president and general manager. ''Both companies are dedicated to providing leading-edge Internet solutions to customers, which in turn will help them succeed in today's competitive marketplace. This relationship allows Covad's industry-leading DSL services to be bundled with eSoft's Internet connectivity products, creating a world class product offering targeted for the small business market.''
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, ICSA certified 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.
This press release contains ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. These statements often can be identified by the use of terms such as ''may,'' ''will,'' ''expect,'' ''believe,'' ''project,'' ''estimate'' or words of similar meaning. Readers should not place undue reliance on these forward-looking statements, and eSoft will not necessarily update these statements to reflect subsequent developments. In addition, these forward-looking statements are subject to risks, uncertainties and important factors that may cause actual results to differ materially from those anticipated. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, failure to gain product approval in foreign countries, failure to capitalize upon access to new markets, the possibility that a competitor will develop a more comprehensive or less expensive TEAM Internet solution and delays in the market awareness of eSoft and its products. Readers should review these factors and others, which are discussed in reports that eSoft files with the Securities and Exchange Commission.
SOURCE: eSoft, Inc. |
