Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: Sarkie who wrote (6936)	9/23/1999 1:16:00 PM
From: JakeStraw	Read Replies (1) \| Respond to of 8358

SPECTRUM Taps Arthur Andersen for Expertise in Executing New Business Model Leading Consultants to Guide Next Business Steps Compaq Equity Investment Spurs Growth DURHAM, N.H.--(BUSINESS WIRE)--Sept. 23, 1999--SPECTRUM, today announced it has signed on Arthur Andersen Consulting to aid in the achievement of SPECTRUM'S goals as an independent business. ''With Compaq's recently-announced equity investment in the SPECTRUM business and our targeted year-over-year growth of over 35%, quick and keen execution is needed to maximize the value of our business,'' said Michael Skubisz, president of SPECTRUM. ''To this end, we are harnessing Arthur Andersen's recognized talent and track record for helping companies implement best practices and applying it to our business model. Their professional guidance will pave the way for additional independent opportunities and partnerships with world-class organizations like Compaq.'' Arthur Andersen Business Consultant Peter Jenkins notes that SPECTRUM's unique position has them well poised for success. ''They have all of the momentum and market potential of a start-up, but with the advantage of a well-seasoned, multidisciplinary team of professionals,'' said Jenkins. ''When you couple this with SPECTRUM's strength and acceptance in the industry, plus the fact that they are number one in customer satisfaction and have an extremely loyal customer base, they are a much more exciting prospect than today's average start-up. We are excited about the opportunity to influence and be a part in taking their success to the next level.'' About Arthur Andersen Arthur Andersen is a global professional services organization consisting of over 100 member firms in 81 countries. Its more than 70,000 people are united by a single worldwide operating structure and a common culture that fosters innovation, knowledge sharing and quality service. This unique ''one-firm'' approach qualifies the people of Arthur Andersen to serve clients by bringing together any of more than 40 services in a way that transcends geographic borders and organizational lines. Arthur Andersen's people provide effective business solutions to more than 100,000 clients around the world. Since its beginning in 1913, Arthur Andersen has realized 85 years of uninterrupted growth. With revenues over $6 billion, it stands today as a world leader in professional services. Arthur Andersen is a business unit of Andersen Worldwide. About SPECTRUM SPECTRUM is the leading provider of intelligent multi-vendor management solutions that meet the service level requirements of network, enterprise and service provider customers. SPECTRUM pioneered the field of intelligent network management in 1990, with the introduction of its flagship SPECTRUM software suite and holds 30 technology patents related to inductive modeling and reasoning solutions for proactive data, services and IT resource management. With support for a rapidly growing list of over 500 products from the industry's leading network and telecommunications vendors, SPECTRUM is at the forefront in integrated network and service level management. SPECTRUM's headquarters are located in Durham, NH, and its web site is located at spectrummgmt.com. ------------------------------------------------------------------------ Contact: SPECTRUM Lara D. Willard, (603) 337-7444 larad@ctron.com