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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: kemble s. matter who wrote (155689)	3/29/2000 11:14:00 AM
From: calgal	Respond to of 176387

Kemble, FYI! :)Leigh Interliant is headquartered in Purchase, N.Y. and has formed strategic alliances with leading software, networking and hardware companies including Dell Computer Corporation (Nasdaq:DELL), IBM (NYSE:IBM), Lotus Development Corp., Microsoft (Nasdaq:MSFT), BMC Software (Nasdaq:BMCS), and Network Solutions (Nasdaq:NSOL). cnbc.com 3/29/00 - Interliant Expands Presence in Continental Europe; Formalization of @viso Relationship Will Add Data Centers and Offices in Paris and Munich PURCHASE, N.Y., Mar 29, 2000 (BUSINESS WIRE) -- Interliant, Inc. (Nasdaq:INIT), a leading application service provider (ASP), today announced the formalization of Interliant Europe, a strategic relationship with European technology partner @viso ("Atviso"). Through Interliant Europe, Interliant expands its complete portfolio of applications hosting, Web hosting and Internet professional services across continental Europe. Under the agreement, @viso has committed to invest up to $40 million in Interliant's European operations and acquisitions. Additionally, @viso will provide a state-of-the-art data center in France as well as a full set of services, including identification of local competitors and potential partners. "This relationship with @viso demonstrates Interliant's dedication to maintaining a leadership position in the global ASP market," said Herb Hribar, CEO of Interliant. "By expanding our ASP infrastructure throughout continental Europe, we are positioned to capitalize on the growing need for ASP services around the world." The European market for ASP services represents a significant opportunity. Dataquest, a leading industry analyst firm, estimates that the global market for ASP services will reach more than $22 billion by 2003 with Europe expected to account for $7.1 billion of that total. The relationship will expand Interliant's current sales and hosting operations and professional services throughout continental Europe while maintaining the quality service and competitive levels of availability currently practiced out of the UK and United States' offices. "Interliant has proven itself as the leading provider of quality ASP and hosting services," said Pierre Liautaud, CEO of @viso. "By utilizing @viso's resources, Interliant will strengthen its position as the leading ASP in continental Europe." Interliant has two established offices in the Greater London area. These offices have provided ASP and customer relationship management (CRM) services across Europe for the past five years and will continue to service the needs of Interliant's existing European customers and new UK-based European customers, forming an integral part of Interliant's pan-European operations. Interliant Europe is establishing offices throughout Europe starting with Paris and Munich to serve continental European customers. Brett Raynes, founder of Sales Technology, Inc., a UK-based CRM consulting company recently acquired by Interliant, has been appointed president of Interliant Europe. Raynes is based in the Paris office. "The European market for ASP services is quickly taking shape," said Brett Raynes, president of Interliant Europe. "With our existing relationships in Europe and our five years of experience providing hosting services, we are strategically positioned to be a leader in this space." About @viso Formed in July of 1999, @viso (www.atviso.com) is a joint venture between Vivendi and SOFTBANK, aimed at helping US Internet companies gain rapid market entry into continental Europe. Its regional expertise and toolboxes of services -- including state-of-the-art technical facilities and marketing, legal, PR and recruitment services -- help businesses expand into new territory. @viso offers the leverage of Vivendi's communications and multimedia activities, and @viso ventures will have access to a preferred partnership with MAP, the European Multi Access Portal. @viso incubating centers are operational in Paris and Munich and scheduled to open shortly in Northern and Southern Europe. About Vivendi With net sales of 41.6 billion euros in 1999 and 260,000 employees in over 100 countries, Vivendi (www.vivendi.com) is the world leader in environmental services and a major player in communications. Vivendi owns Cegetel, the largest French private telecommunications operator, Europe's leading pay-television company Canal+, and the multimedia publishing giant Havas. VivendiNet, held 50-50 by VIVENDI and Canal+, has brought together all of the Internet assets and expertise of Cegetel, Havas and Canal+, along with @viso and the venture capital fund, Viventures. VivendiNet constitutes the largest network of Internet skills in Europe. It will come into its own shortly with the launch of a multi access portal (MAP, accessible from PC, mobile telephone and television) in cooperation with Vodafone AirTouch, the world leader in mobile telephony. The portal, using a single home page for all devices, will have a direct customer base of over 70 million subscribers, the largest in Europe. About Interliant, Inc. Interliant, Inc. (Nasdaq:INIT) 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, security, e-commerce, customer relationship management, enterprise resource planning, 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 Dell Computer Corporation (Nasdaq:DELL), IBM (NYSE:IBM), Lotus Development Corp., Microsoft (Nasdaq:MSFT), BMC Software (Nasdaq:BMCS), and Network Solutions (Nasdaq:NSOL). For more information, please visit the Interliant Web site, www.interliant.com. Interliant is a registered trademark of Interliant, Inc. All other trademarks are the properties of their respective companies. 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. NOTE TO EDITORS: In the company name "@viso" there should be an at symbol in front of the word "viso." This symbol may not appear properly in some systems. Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved. -0- CONTACT: Lois Paul & Partners for Interliant Media Contacts: Starr Million, 512/347-9101 starr_million@lpp.com or Interliant, Inc. Investor Contact: Beth O'Byrne, 914/640-9000 bobyrne@interliant.com KEYWORD: NEW YORK INTERNATIONAL EUROPE INDUSTRY KEYWORD: SOFTWARE E-COMMERCE INTERNET TELECOMMUNICATIONS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

To: kemble s. matter who wrote (155689)	3/29/2000 11:49:00 PM
From: calgal	Read Replies (3) \| Respond to of 176387

Hi Kemble! Have you seen this quote from Tom Meredith? :)Leigh ``This is an extraordinary opportunity for Dell to continue to evolve in providing great value to its customers and shareholders,' said Meredith. ``For all of our successes, we believe these are the early days of our most exciting period yet, and Dell Ventures will play a key role in the next era of Dell's evolution and growth.' ...and this quote from your buddy Ashok Kumar! The latest article from Bloomberg follows! Kumar said he doesn't think Dell has missed out on investing in start-up companies. ``They're late relative to some of their established peers, but not late to the opportunities,' Kumar said. quote.bloomberg.com Dell Computer Says It Has $2 Bln in Unrealized Gains (Update1) By Molly Williams (Adds analyst comments, details on Intel and Microsoft). Round Rock, Texas, March 29 (Bloomberg) -- Dell Computer Corp., the No. 1 direct seller of personal computers, said it has unrealized gains of more than $2 billion from investments in companies that have gone public. The announcement comes as Dell puts more emphasis on its unit that invests in other companies. Dell Ventures Group, formed a year ago, will expand investment activities to include services like strategy development, financing assistance and access to market research. Dell Ventures has invested more than $700 million in more than 90 companies including Red Hat Inc., Sina.com and StorageNetworks Inc. ``They're taking a cue from Intel and Microsoft,' said Ashok Kumar, an analyst at U.S. Bancorp Piper Jaffray, who rates Dell a ``strong buy.' ``This isn't a traditional venture capital fund. They want to set it up in such a way that it's more of an incubator.' Intel Corp.'s original venture-capital investment of $2 billion has grown into an $8 billion portfolio. Intel invested in companies making software and hardware that will help spur the growth of the Internet, creating more demand for Intel's faster generation of processors. Intel's portfolio of more than 350 companies includes stakes in Ariba Inc. and Red Hat Software Inc. Microsoft Microsoft has invested in Internet companies such as NaviSite Inc., a Web-site hosting company, and Yam Digital Technology Co. of Taiwan, a Chinese Internet portal. Dell Ventures had previously invested in later-stage companies that had other investors or a revenue-generating business. Now, the group may invest in people with an idea, or just a business plan. Kumar said he doesn't think Dell has missed out on investing in start-up companies. ``They're late relative to some of their established peers, but not late to the opportunities,' Kumar said. Dell Ventures is owned by Dell Computer. Michael Dell, who founded Dell Computer in his college dorm room, has a separate venture group called MSD Capital that he created with his own money to make investments in companies. Separately, Dell said Chief Financial Officer Tom Meredith took a new position running Dell Ventures Group. He will be replaced by James Schneider, 47, who was senior vice president of finance. Shares in the Round Rock, Texas-based company fell 2 1/16 to 53 13/16.