To: Frederick Langford who wrote (13 ) 5/6/1998 11:48:00 PM From: Archie Goodwin Respond to of 1856
I/NET's Commerce Server/400 TM was made available in August, 1996. This product provides AS/400 users with the ability to conduct secured, encrypted financial and other transactions over the Internet. Current customers include IBM, Enterprise Rent-A-Car, MCI, State Bar of California, and Dreyfus Brokerage Services, Inc. These companies have installed the product in various locations throughout the world. In February, 1997, IBM bestowed upon I/NET the prestigious Partner in Development "Product of the Year Award" for Commerce Server/400TM. Six thousand international attendees to the IBM Business Partner Executive Conference were on hand to witness the presentation. This event spurred the signing of new distribution contracts to represent I/NET's products. IBM AS/400 is the world's most popular multi-user business computing system, with nearly 425,000 units installed worldwide supporting from 1 to 7,000 users, IBM and its 8,000 Business Partners offer AS/400 customers 25,000 applications, including 3,000 for the client/server. Among AS/400 customers are 98 percent of the Fortune 100 Industrials. The Company successfully negotiated a new contract with IBM in March 1997 in which it will provide Website consulting services for IBM. This contract, while cancelable, is for a period of twenty-four months. I/NET has also signed an agreement with Netscape Communications Corp., a world leader in delivering Internet solutions to the marketplace. This agreement gives I/NET the right to port their entire suite of Internet servers to the AS/400, and also distribute these products for the next three years. IBM was instrumental in arranging this agreement, as they know it will benefit the entire AS/400 community.All I/NET developed software is year 2000 compliant. Brian 8^)