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To: Carolyn who wrote (4348)9/18/1999 10:51:00 AM
From: sandintoes  Respond to of 7442
 
Oh, well, it made for a good story, didn't it? WE should write for "Jeopardy" I'll think of the answers and you supply the questions. LOL



To: Carolyn who wrote (4348)9/19/1999 5:28:00 AM
From: elmatador  Respond to of 7442
 
Qwest and KPMG Establish Joint ASP Venture -- and Wait for the Gold Rush. This news appeared last June. Immediately afterwards CSCO made a $1billion investment in KPMG.

One day the DoJ would taking action against CSCO.

June 21, 1999 -- Qwest Communications International Inc., the Internet communications
company, and KPMG LLP, a leading professional services firm, announced that they are forming
a joint venture, called Qwest Cyber.Solutions LLC, to provide Internet-based end-to-end
application service provider (ASP), application hosting (AH), and application management (AM)
services. The venture will leverage existing Qwest and KPMG relationships with
Hewlett-Packard, SAP AG and other industry-leading hardware and software providers. Qwest
Cyber.Solutions will combine strategic assets from both Qwest and KPMG. Qwest owns a 51%
stake in the venture, with KPMG owning 49%. Qwest and KPMG are both contributing assets to
the venture to accelerate the deployment of these services. Qwest Cyber.Solutions will be
headquartered in Denver, Colorado. John Charters, vice president of Qwest's business
development organization, will lead the venture as chief executive officer. Phil Garland,
head of KPMG's applications outsourcing, will be chief operating officer. The two companies
will soon announce additional staffing appointments. Qwest Cyber.Solutions LLC will initiate
service immediately.