To: Dave Gore who wrote (41671 ) 4/6/2000 9:35:00 AM From: john Read Replies (1) | Respond to of 150070
WIZZF NEWS OUT News Wire Attention Business Editors: WSi teams up with IBM Canada Ltd. to create the first full service dotcom incubator WSI INTERACTIVE CORPORATION Symbols: CDNX - WIZ OTC - WIZZF VANCOUVER, April 6 /CNW/ - WSi Interactive is pleased to announce that it is working with IBM Canada Ltd. to create a dynamic Internet business incubation partnership in North America. The alliance with IBM will allow WSi to take on business projects of virtually unlimited scope and significantly enhance its ability to accelerate the early stage development of these businesses using cutting edge solutions. WSi and IBM will work together to review selected business plans, provide for the injection of requisite capital funding, provide management and technology assistance, deploy the projects, as well as, assist with product and services sales and support. The goal is to allow Internet companies to concentrate on building their businesses, with the strong support of WSi and IBM. IBM will submit business plans to WSi's incubation program and provide hardware, software and services to selected start up projects. WSi will be given access to IBM's Industry Solutions Lab, be registered in IBM's Service Provider Business Partner Program, and become an official IBM reseller. ``WSi's focus on start-up companies was a great fit for IBM,' said Stephane Boisvert, business unit executive of IBM Canada's Net Generation organization. ``Their `one-stop shop' strategy for e-commerce and e-advertising for this market segment complements our own ``one-stop' approach to providing Internet start-ups with a complete technology infrastructure, including hardware, software and services. Speed to market is critical in this segment, and so the more complete the solution, the better.' ``It goes without saying, that we are immensely proud that the success of our hard work, creativity and diligence has been recognized by the leader in the computer information technology industry' states Theo Sanidas, CEO of WSi. ``We are tremendously excited about the magnitude of this working relationship, as this alliance allows us to rapidly and effectively execute business plans.'