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Microcap & Penny Stocks : FutureLink Distribution Corp. (NASD-OTCBB: "FLNK") -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (662)10/19/1999 12:29:00 PM
From: LORD ERNIE  Respond to of 841
 
Because nobody has put the news on the threat I do it for the visitors:
several news

IRVINE, Calif., Oct 18, 1999 (BUSINESS WIRE) -- FutureLink Corp. (OTC
BB:FLNK), a leading application service provider (ASP) and the number
one provider of server-based computing solutions from Citrix Systems
(NASDAQ: CTXS), today announced that in accordance with approval
received at the company's recent shareholders' meeting, FutureLink has
reincorporated from Colorado to Delaware and has changed its name from
FutureLink Distribution Corp. to FutureLink Corp. These changes have no
impact on the trading of FutureLink stock, whose symbol remains FLNK on
the OTC Bulletin Board.

About FutureLink

FutureLink is a founder of the Application Service Provider (ASP)
industry and a founding member of the ASP Industry Consortium.
According to Forrester Research Inc., the application rental market is
projected to reach $6 billion by 2001. FutureLink provides small and
mid-sized businesses (10-1,000 employees) with off-site, Internet-based
computing, allowing subscribers to escape 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(TM), 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.

Copyright (C) 1999 Business Wire. All rights reserved.

Distributed via COMTEX.


CONTACT: FutureLink
Troy Cleland, 877/216-6001
invrel@futurelink.net

WEB PAGE: businesswire.com

GEOGRAPHY: COLORADO DELAWARE CALIFORNIA

INDUSTRY CODE: COMPUTERS/ELECTRONICS
HARDWARE
SOFTWARE
INTERNET




To: Techplayer who wrote (662)10/19/1999 12:31:00 PM
From: LORD ERNIE  Respond to of 841
 
2° News
Elite Information Group Joins Growing International ASP Industry Consortium; Elite Will Help Develop Industry Standards for Application Service Providers

LOS ANGELES, Oct 18, 1999 (BUSINESS WIRE) -- Elite Information Group,
Inc., (Nasdaq: ELTE), a worldwide leader in practice and financial
management systems for professional service firms, has joined the
fast-growing Application Service Provider (ASP) Industry Consortium, an
international advocacy group dedicated to fostering greater
understanding of and guidelines for the fast-emerging application
service provider segment of the computer industry.

Elite Information Systems, Inc., a subsidiary of Elite Information
Group, is already a global provider of financial and practice
management systems to legal and professional service firms. Elite's
systems are used by over half of the largest 100 law firms and over one
third of the top 1,000 law firms in the USA. Elite is committed to
embracing the ASP technologies that will allow customers to access the
full range of their applications via the Internet. Such applications
never require any software or hardware installations, upgrades or
maintenance at the customer's end because the application is "hosted";
it literally resides at, and is maintained by, the vendor, resulting in
reduced costs, increased flexibility and a strategic advantage for the
customer.

"We wanted to be involved in the process of developing standards for
the application service provider industry," said Mark Goldin, Elite's
senior vice president and chief technical officer, "and we also want to
look after the interests of the 'time and billing' vendor community."

"Elite was an early pioneer of Internet accessible software, and it has
been a natural progression for us to web enable our entire suite of
applications," said Goldin. Elite views ASP Industry Consortium's
members as the world leaders in providing applications via the
Internet. Being part of this group can only enhance Elite's commitment
to being the leader in web-based time and billing. Elite.com, the
newest member of the Elite group of companies, was formed to provide
online, hosted time and billing services for small professional service
firms in selected vertical markets and is a further demonstration of
Elite's efforts in this direction.

About the ASP Industry Consortium

Founded in May of 1999, the Application Service Provider Industry
Consortium is an advocacy group of companies formed to promote the
application service provider industry by sponsoring research, fostering
standards, and articulating the measurable benefits of this evolving
delivery model.

The founding members of the ASP Industry Consortium include AT&T;
AristaSoft Corp.; Boundless Technologies, Inc.; Cisco Systems, Inc.;
Citrix Systems, Inc.; Compaq Computer Corporation; Cylex Systems, Inc.;
Ernst & Young LLP; Exodus Communications, Inc.; FutureLink Distribution
Corp.; GTE; Great Plains Software; IBM; Interpath Communications, Inc.;
JAWS Technologies Inc.; Marimba, Inc.; Onyx Software Corp.; SaskTel;
Sharp Electronics Corp.; Sun Microsystems, Inc.; The Taylor Group;
Telecomputing ASA; UUNET; Verio, Inc.; and Wyse Technology.

Information on the ASP Industry Consortium is available on the World
Wide Web at www.aspindustry.org or by contacting consortium
headquarters at: ASP Industry Consortium, Inc., 401 Edgewater Place,
Suite 500, Wakefield, MA 01880; Tel: 781/246-9321.

About Elite

Elite Information Systems, Inc., a wholly owned subsidiary of Elite
Information Group, Inc., is an international provider of a
comprehensive suite of financial and practice management products,
which includes integrated time and billing, general ledger and accounts
payable. Elite also provides consulting services to legal and
professional service organizations of all sizes. Elite is currently
utilized by more than half of the top 100 U.S. law firms, according to
American Lawyer Media's published results in the AMLAW 100 Survey.
Other professional services markets include accounting, consulting,
public relations, financial services, actuarial, government, software,
security, insurance, market research and systems integration.

Copyright (C) 1999 Business Wire. All rights reserved.

Distributed via COMTEX.


CONTACT: Elite Information Group Inc., Los Angeles
Monty Lunn, 323/642-5200
mlunn@elite.com
Connie Moser, 323/642-5200
cmoser@elite.com
or
ASP Industry Consortium
John Lamontagne, 781/246-9321
lamontagne@aspindustry.org

WEB PAGE: businesswire.com

GEOGRAPHY: CALIFORNIA MASSACHUSETTS

INDUSTRY CODE: COMPUTERS/ELECTRONICS
SOFTWARE
LEGAL/LAW
INTERNET





To: Techplayer who wrote (662)10/19/1999 12:31:00 PM
From: Angela B.  Read Replies (1) | Respond to of 841
 
The CEO did say in the past we would see a Nasdaq listing by Fall..Citrix did get an upgrade this morning..Is there a tie between them?