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Technology Stocks : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (1025)11/18/1999 9:36:00 AM
From: Silver Knife  Respond to of 1214
 


Thursday November 18, 8:04 am Eastern Time

Company Press Release

Interliant Tapped As Provider Of Web Hosting and Rentable
Applications For U.N. Affiliated Network Of Trade Organizations

Deal Extends Interliant's AppsOnline.com Offerings to 18 Million Companies Via Reach of Network's 155 Organizations

PURCHASE, N.Y.--(BUSINESS WIRE)--Nov. 18, 1999-- Interliant, Inc. (NASDAQ:INIT - news), a leading application service provider (ASP), today announced that Trade Point Management, Inc. (TPM), an e-commerce portal management company for the United Nations Trade Point organizations, Chambers of Commerce and professional associations, has chosen Interliant as the provider of Web hosting services TPM offers to the U.N. Trade Point organizations, a network of domestic and international business to business trade resources for small and medium sized companies. In addition, TPM will work with Interliant to co-brand and sell Web hosting services and a version of AppsOnline.com, a leading Web-based portal of rentable applications, to
the members of the network. Trade Point organizations, in turn, can offer these Interliant products and services to their 18 million worldwide small and medium sized business members. Consequently, this innovative agreement gives 18 million global companies access to affordable Internet applications,
such as Lotus QuickPlace, and Web hosting services, while creating a powerful distribution channel for Interliant and an increased source of revenue for
the 155 U.N. Trade Point organizations.

''We chose to partner with Interliant because of their leadership as an application service provider, their scalability in meeting our hosting requirements
globally and a shared vision of how to empower small businesses through Web-based services,'' said Jay Ayres, president, Trade Point Management, Inc.
''Our members will experience greater efficiencies in productivity and do more business on a global level.''

Initially, Interliant will host the United Nations Trade Point Florida Web site and plans to add additional Trade Point sites in the coming months. Interliant
will also host a mirrored copy of the Chinese U.N. Trade Points -- Beijing and Shanghai -- in the U.S. to provide faster access for the Americas to initiate
trade with China.

''Partnering with Trade Point Management, Inc. substantially extends the AppsOnline.com market and ultimately enables these 18 million companies to
use the Internet to expand their businesses on a global scale,'' said Brad Nickel, director of Interliant's AppsOnline.com. ''This relationship represents a
large step in our business to business distribution strategy to become the worldwide leader in Web-based rentable applications and services for small and
medium sized businesses. Interliant recognizes the need for small and medium sized companies to succeed in the global marketplace, and by allowing
AppsOnline.com business partners to brand our subscription-based applications to their large customer base, Interliant facilitates market differentiation
and offers valuable services to these customers.''

About Interliant's AppsOnline.com

Interliant, Inc.'s AppsOnline.com (www.appsonline.com) is a leading Web-based portal of rental applications and services. Introduced in September 1998,
AppsOnline.com was one of the industry's first catalogs of applications to be offered through the Internet. AppsOnline.com levels the playing field for
small and medium sized businesses, departments of corporations and freelance professionals, by giving them an Internet space in which to manage all of
their IT business operations without the high costs typically associated with maintaining these applications and services.

About Interliant

Interliant, Inc. (NASDAQ:INIT - news) is a leading application service provider (ASP) and pioneer in the ASP market. Interliant's solutions enable
companies of all sizes to capitalize on the latest Web-based technologies and packaged software applications quickly and cost-effectively by relieving
them of the burdens associated with building, managing and maintaining the infrastructure required to support mission-critical applications. Interliant's
offerings include solutions in the following areas: Web site hosting, messaging and knowledge management, e-commerce, customer relationship
management, distributed learning, and Web-based rental applications via AppsOnline.com. Interliant is headquartered in Purchase, N.Y. and has formed
strategic alliances with leading software, networking and hardware companies including IBM (NASDAQ: IBM - news), Lotus Development Corp.,
Microsoft (NASDAQ: MSFT - news), BMC Software (NASDAQ: BMCS - news), and Network Solutions (NASDAQ: NSOL - news). For more
information, please visit the Interliant Web site, www.interliant.com.

About Trade Point Management, Inc.

Trade Point Management, Inc., headquartered in Tampa, Fla., designs, licenses and manages Internet e-commerce portals for United Nations Trade Points,
Chambers of Commerce and other professional association organizations to deliver business to business e-commerce services. Services include rentable
business software applications, personal information portal features and strategic business information from ''best of breed'' technology and information
providers. Trade Point Management provides buyers and sellers with a complete system to tap into the new global e-commerce economy. Trade Point
Management also provides optional online membership management services to these trade and commerce organizations. For information on Trade Point
Management, contact Steve Toner of Toner Communications at 813-282-9099 or steve@tonercom.com.

Interliant is a registered trademark of Interliant Inc. All other trademarks are the property of their respective owners.

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and
Section 27A of the Securities Act of 1933, as amended. Any statements contained herein that are not statements of historical fact may be deemed to be
forward-looking statements. Actual results and the timing of certain events may differ significantly from the results anticipated or discussed in the
forward-looking statements. These forward-looking statements are based largely on the Company's current expectations and are subject to a number of
risks and uncertainties. In addition to this press release, other important factors to consider in evaluating the forward-looking statements include, without
limitation, those discussed in the Company's Quarterly Report on Form 10-Q for the quarters ended June 30, 1999, and September 30, 1999, respectively,
the Company's Registration Statement on Form S-1 filed on March 15, 1999, as amended, and other filings by the Company with the Securities and
Exchange Commission. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained herein will in fact
be realized and the Company assumes no obligation to update this information.

Contact:

Lois Paul & Partners for Interliant
Misty Zelent, 512/638-5315 (media contact)
misty_zelent@lpp.com
or
Interliant, Inc., Purchase
Beth O'Byrne, 914/640-9000 (investor contact)
bobyrne@interliant.com



To: $Mogul who wrote (1025)11/18/1999 1:19:00 PM
From: Danny Chan  Read Replies (1) | Respond to of 1214
 
Thanks for all supported INIT, Mogual and others. I had thought about taking tax losses a while back, but held off. Today's gain is apparently more awareness to the ASP area. I had puzzled a bit yesterday given the simultaneous strength in CTXS and INIT in yesterday afternoon trading. Care to speculate a target?