To: Sachem who wrote (601 ) 4/16/2000 12:08:00 AM From: DEER HUNTER Respond to of 1129
from Friday..... the Intel release...biz.yahoo.com Friday April 14, 8:04 am Eastern Time Company Press Release Applied Digital Solutions to Provide Intel Virtual Private Network Solutions to Retailers PALM BEACH, Fla.--(BUSINESS WIRE)--April 14, 2000--Applied Digital Solutions, Inc. (NASDAQ: ADSX - news) today announced that it will resell Intel Corporation's (NASDAQ: INTC - news) virtual private networking (VPN) solutions to retailers wanting to connect their stores with their corporate offices. Intel's VPN offerings enable retailers to link their operations via private Internet-style IP networks, helping to improve communications, inventory tracking and control, customer relationship efforts, credit card processing, HR functions and the like. By reselling Intel's solutions, Applied Digital Solutions can now offer clients a complete package of state-of-the-art VPN equipment and software that is cost-effective, simple to install and easy to manage. Commenting on the announcement, Applied Digital's Chairman and CEO Richard J. Sullivan said: ``We're delighted to offer solutions from an industry leader like Intel and to be able to resell their VPN equipment to our growing list of retail clients. Unquestionably, Intel is one of the world's premier manufacturers of computer and networking equipment, and they've got a strong, well-respected brand. Put that together with Applied Digital's expertise in network design and implementation, and you've got a powerful combination for VPN customers. This solution fits perfectly with our ongoing effort to be the industry's leading single-source provider of e-business solutions through CTII(TM) -- Computer Telephony Internet Integration.' Intel Product Line Manager Doug Smith added: ``Real-time communication is no longer a luxury, it's a competitive necessity. Intel's VPN solutions provide retailers a secure, low-cost method for employing the Internet to communicate between stores and with the central office. Combining Intel's VPN products and Applied Digital Solutions' value-added software allows retailers to improve the overall efficiency of their operations and boost their level of customer service, which typically results in good news on the bottom line.' Under the agreement, Applied Digital Solutions will sell and install the Intel VPN equipment and software to its retail clients. It will also work with retailers to design, implement and coordinate the deployment of the VPNs throughout the clients' organizations. In addition, Applied Digital will be responsible for managing the VPNs after they've been deployed. About the CTII(TM) Initiative Applied Digital Solutions has successfully refocused its strategic direction and organized the company into four core business groups: Internet, Telephony, Network and Applications. As part of this successful transformation, the company has positioned itself as a leading-edge provider of Computer Telephony Internet Integration (CTII) services. This CTII focus differentiates Applied Digital Solutions in the e-business solutions marketplace. With CTII, Applied Digital provides the full range of services and skills that companies need to conduct business online. Through its four integrated business groups, Applied Digital designs and deploys complete, front-to-back, web-enabled e-business systems -- all with a single point of contact for the customer. About Applied Digital Solutions, Inc. Applied Digital Solutions is a leading edge, single-source provider of e-business solutions. The company differentiates itself in the marketplace by enabling e-business through Computer Telephony Internet Integration (CTII). With five-year revenue growth (from 1994 to 1998) of 64,012%, Applied Digital Solutions is ranked as the fifth fastest-growing technology company by Deloitte & Touche in its 1999 Technology Fast 500 listing. For more information, visit the Company's web site at adsx.com . Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are `forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. -------------------------------------------------------------------------------- Contact: Ovations International, Inc. Media Contact: Matthew Cossolotto, 914/245-9721 matthew@ovations.com ADS Investor Relations Robert Jackson, 303/707-1468 rjackson@adsx.com