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To: SSP who wrote (8424)	8/30/1999 12:50:00 PM
From: LANCE B	Read Replies (3) \| Respond to of 150070

EBAS- had some major news out.. please see the thread for more info.. how about that JCGR today.. (COMTEX) B: EBASEONE AND CISCO SYSTEMS TEAM UP TO DELIVER MISSION CRI B: EBASEONE AND CISCO SYSTEMS TEAM UP TO DELIVER MISSION CRITICAL APPLICATIONS TO MID-SIZED BUSINESSES HOUSTON, Aug 30, 1999 /PRNewswire via COMTEX/ -- ebaseOne Corporation (OTC Bulletin Board: EBAS), an emerging leader in the Application Service Provider (ASP) market, today announced that it is joining the Cisco Systems' (Nasdaq: CSCO) Hosted Applications Initiative, to provide packaged software solutions to the small and mid-sized business markets. According to Charles Skamser, President and CEO of ebaseOne Corporation, "This alliance is very significant to our strategy to quickly emerge as a leader in the ASP industry. Cisco's technical presence and channel partners, combined with our state-of-the-art hosting facilities and aggressive new ASP business model with flat monthly fees, will make ebaseOne an attractive choice for the small and medium-sized business market." The alliance will revolve around Cisco's Hosted Application Initiative, supported by joint sales and marketing activities. The Cisco Hosted Applications Initiative brings together packaged software application vendors that have applications suitable for hosting, ASPs to host the applications, and Cisco Powered Network Service Providers (CPNs) to install and support Cisco-based network infrastructures and customers that can benefit from hosted solutions. Co-marketing activities will include lead sharing, joint advertising, co-sponsored seminars highlighting customer success stories, tradeshows and conferences. Skamser maintains, "By leveraging the power of this partnership, ebaseOne will be able to dramatically increase its level of service and reduce its time-to-market for a national roll-out." The alliance also provides ebaseOne with access to Cisco's Hosted Application Development Lab, providing integration and benchmarking services that will help ebaseOne maximize the performance of hosted applications running on Cisco-based Internet infrastructures. ebaseOne's state-of-the-art Enterprise Application Center (EAC) utilizes a Cisco Powered Network built and tuned specifically to deliver high-end packaged software solutions with almost unprecedented reliability, security and performance. "The small and medium-sized business market can now benefit from powerful applications that otherwise would have been beyond their reach. Through ebaseOne's aggressive ASP pricing model, these companies can now afford top- notch technology, expert systems integrators, enterprise class applications management and 24 x 7 customer support for the first time ever. They can eliminate the large up-front investments and the high risks associated with highly-sought after enterprise systems," emphasizes Skamser, "It's really an exciting opportunity for these companies." "Cisco and ebaseOne provide a highly scalable and flexible IT environment for hosted applications that enable ASPs to accommodate rapid growth in application use," said Eugene Lee, vice president of marketing at Cisco's Small/Medium line of business. "The Cisco Hosted Application Initiative simplifies the technology issues for small to medium-sized companies and allows them to focus on running their core business." About the Application Service Provider industry The ASP industry has been compared to the Internet Service Provider (ISP) industry in the early 1990's. It is expected to grow explosively within the next three years. According to International Data Corp., corporate spending on high-end outsourced applications, such as ERP and e-commerce, will grow from an estimated $150.4 million this year to $2 billion by 2003, at a compound annual growth rate of 91%. This represents only high-end applications, and doesn't take into account the majority of software applications currently used by most businesses. According to the Gartner Group, e-mail outsourcing alone could reach $2.56 billion annually by 2002. The ASP industry is growing so quickly because it solves all of the major financial problems typically associated with high-end software applications. For the first time, even small and midsize businesses will be able to afford almost everything they need to streamline their operations, up to the most complex enterprise-wide software applications on the market. ASP software hosting allows companies to access applications that are stored on central servers. In the past, companies were forced to purchase one-time software product licenses that were either based on the number of seats or the size of the company. This presented a major problem, especially for small and midsize businesses that were not able to afford the significant up-front cost required to purchase the software. Additionally, companies then had to contract for the necessary professional services to implement those applications, including consulting and training services.