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Technology Stocks : ITRA INTRAWARE -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (890)7/11/2000 1:21:25 PM
From: Mark Oliver  Respond to of 937
 
Intraware Partners With New Venture From Compaq and CMGI - Freeup - to Provide Exclusive Software Management Services

Microsoft, Intel, CommerceOne, CNET, and DigitalThink Complete Initial Partner
List for New Business-to-Employee Web Destination

ORINDA, Calif., July 11 /PRNewswire/ -- Intraware (Nasdaq: ITRA), the
leading IT e-marketplace for web-based software and services, today announced
an agreement to provide IT-focused content and Internet-based services for
Freeup LLC, a new business-to-employee (B2E) Web destination formed between
Compaq Computer Corporation (NYSE: CPQ) and CMGI (Nasdaq: CMGI). Freeup is
part of Compaq's corporate vision to take "Everything to the Internet" and
will provide a complete set of resources on the Internet for a range of
vertical employee groups. Intraware joins other selected Internet leaders as
initial partners with Freeup, including Microsoft, Intel, CommerceOne, CNET
and DigitalThink. Intraware will be the exclusive provider of Internet based
services to procure, deploy and maintain business software. Additionally,
Intraware will be responsible for providing Internet-based content and other
online services designed to reduce the complexity of IT management throughout
the enterprise.
Freeup will offer the bulk of Intraware's Internet-based services, which
are geared toward providing IT professionals with end-to-end solutions for
managing the complete software life cycle. The Intraware services offered by
Freeup will include:

-- Internet-Based Software Procurement -- Intraware will be the exclusive
provider of online software procurement services on the Freeup site.
Intraware will offer its online catalog that provides personalized pricing of
business software, as well as services for software management, and consulting
and hosting.
-- Internet-Based Software Delivery -- Intraware will be the exclusive
provider of electronic software delivery (ESD) services to the Freeup site.
This service will include a customized extranet for all Freeup customers
utilizing the procurement service, and will provide online tools to enable
Freeup customers to cost-effectively manage their software licenses.
-- Internet-Based Software Deployment -- Intraware will be the exclusive
provider of software deployment and management services to the Freeup site
through a co-branded version of Intraware Deployment. This is a service that
allows customers to take inventory of and manage the software on their PCs
through an easy-to-use web-based service.
-- Software Research and Evaluation Services -- Freeup will feature
Intraware's extensive collection of technical information, articles, research
reports, knowledge tools, and IT services designed to help IT professionals
research, evaluate and use innovative business technology.

"Our exclusive relationship with Freeup for Intraware's software
procurement, delivery and deployment services will provide Freeup with a
tremendous competitive advantage," said Peter Jackson, president and CEO of
Intraware. "The partnership is testimony to both the compelling quality and
the growing demand for the value-added Internet services component of our
business. Intraware continues to gain momentum as the standard for IT
professionals to research, evaluate, procure, and manage their software
-- ultimately, giving them control of their technology."

About Intraware Services
Intraware Services include software evaluation, electronic software
delivery (ESD), update notification, software deployment, IT e-learning and IT
asset management. They are offered directly to corporate IT professionals
through Intraware's website and in partnership with leading hardware and
software companies, ASPs, and other service providers.

About Intraware
Intraware, Inc. is the leading IT e-marketplace for web-based software and
services. Intraware's services allow IT professionals to control the business
software life cycle online -- from research and evaluation, through purchase,
training, and deployment, to updates and management. The company provides
objective technical research; in-depth software analysis; an extensive
selection of software, training, and resources; and a comprehensive software
delivery, update, and management system.
Intraware's unique spectrum of innovative Internet-based services has
attracted strategic relationships with industry-leading vendors including
Allaire Corporation, Bluestone Software, Inc., Computer Associates
International, Inc., Commerce One, Inc., Hewlett-Packard Company,
Informix Corporation, Infoseek, Interwoven, Inc., Macromedia, Inc.,
Novell, Inc., Oracle Corporation, PeopleSoft, Inc., Sun-Netscape Alliance,
Sybase, Inc. and Vignette Corporation. Intraware is a publicly held company
with headquarters located at 25 Orinda Way, Orinda, California 94563. Phone:
925-253-4500; Fax: 925-253-4599; intraware.com.
This press release contains forward-looking statements regarding
Intraware's relationship with Freeup. Actual results may differ materially
from those described in such statements as a result of a number of factors,
including but not limited to the success of Freeup in attracting customers,
the market acceptance of the Intraware services offered through Freeup, the
continuation of the relationship between Intraware and Freeup and future
modifications to the terms of the relationship.
NOTE: Intraware is a registered trademark of Intraware, Inc. Other
products and company names mentioned herein may be trademarks of their
respective holders.

CONTACT: Carole Sinclair of Intraware, Inc., 510-597-4896, or
carole@intraware.com; or Julie Connolly of Ruder Finn, 415-541-0750, or
connollyj@ruderfinn.com, for Intraware, Inc.

SOURCE Intraware, Inc.


Web site: intraware.com


CONTACT: Carole Sinclair of Intraware, Inc., 510-597-4896, orcarole@intraware.com; or Julie Connolly of Ruder Finn,415-541-0750, or connollyj@ruderfinn.com, for Intraware, Inc.