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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (3292)	1/26/2000 8:51:00 AM
From: david simns	Read Replies (2) \| Respond to of 4792

Lance...I don't think you have really taken much of an interest. Just in case however, I still keep you informed about my favorite stock. SNTO Watch it move today. EchoPass Corporation Agrees in Principle to $22.7 Million In Venture Capital Financing AMERICAN FORK, Utah, Jan. 25 /PRNewswire/ -- Sento Corporation (Nasdaq: SNTO) today announced that New Enterprise Associates and Canaan Partners, two top tier venture capital firms, have executed an agreement in principle to participate in the first round of financing for EchoPass Corporation in a combined amount totaling approximately $22.7 million. The first round of funding for EchoPass is expected to close in February 2000 and EchoPass expects additional financing to be announced at that time. The financing is subject to the execution of definitive agreements and the satisfaction of closing conditions. If the pending transactions between Sento and EchoPass are completed, EchoPass intends to deliver to client companies the latest in customer care capabilities including, telephone and Internet calls, e-mail, Web text chat, Web call backs, browser collaboration, voicemail, and fax. The technology to be transferred by Sento to EchoPass is designed to direct incoming customer interactions to the right client company's agent at the right time with skills-based routing and customer data screen pops, enabling immediate and accurate customer care. EchoPass proposes to host, configure and maintain backend infrastructures at its EchoCenter facilities. These facilities are intended to permit client companies to access all capabilities through standard Web browsers. Once implemented, client companies will be charged based on usage, eliminating the need to undertake costly build-outs of their own infrastructure and to hire and train additional IT staff to manage these critical business applications. For more information, please visit www.echopass.com. About New Enterprise Associates New Enterprise Associates (NEA), formed in 1978, is one of the industry's premier venture capital firms. NEA invests in early-stage, high technology companies and teams with management to build companies of lasting value. More than 100 NEA companies have gone public in the Internet infrastructure, information technology and health care industries. For more information, please visit www.nea.com. About Canaan Partners Canaan Partners (www.canaan.com) is a national venture capital investment firm formed in 1987. Canaan specializes in startup and emerging-growth companies in information technology and services, as well as health care and financial services. About Sento Sento Corporation provides technical services for organizations using Windows NT and UNIX client-server computing environments. These services include, Contract Technical Support, Help Desk Services, Technical Training and Education. Sento conducts its business through its operating divisions including Sento Training and Sento Technical Services. For more information, visit Sento's home page at www.sento.com. Statements in this press release which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements encompass Sento's beliefs, expectations, hopes or intentions regarding future events. Words such as "expects," "intends," "believes," "anticipates," and "likely" also identify forward-looking statements. All forward-looking statements included in this release are made as of the date hereof and are based on information available to Sento as of such date. Sento assumes no obligation to update any forward-looking statement. Actual results could differ materially from those anticipated for a number of reasons, including, among others, the failure of Sento and EchoPass to complete the pending and proposed transactions between themselves and third parties, demands associated with Sento's redirected strategy to develop and market new and additional information technology services and products, uncertainties and expenses resulting from the implementation of Sento's efforts to identify, acquire and integrate additional businesses, unavailability of capital to fund Sento's growth strategy and acquisition plans, the highly competitive environment faced by information technology businesses, a downturn in the market for hardware and/or software products, economic fluctuations and other unanticipated factors. Risk factors, cautionary statements and other conditions which could cause actual results to differ from the Company's current expectations are contained in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-KSB