Here's some information on Nucleus from their web site. Have a good one. John
The Company Background Nucleus was incorporated in December of 1997, under the laws of the State of Illinois to act as a holding company for its companies, Alliance Net, Inc. d.b.a TelOne and Nucleus Data Source, Inc.
The Companies' initial product offerings consist of "PC Express", a computer repair and upgrade business, "PC OnLine", a computer help desk, "CheckBook", a user-friendly web site that stores, tracks, and presents billing information over the Internet, and "TelOne", a long distance reseller and acquirer of telecom assets.
The Opportunities "PC Express" and "PC OnLine"
The proliferation of computers has created a multitude of new business opportunities. The incredible increase in the number of businesses and individuals using software, hardware, and the Internet on a daily basis has created demand for goods and services related to this usage. Nucleus Holding Corporation has developed products and services to address this demand. Nucleus has diversified products and services, positioning it to grow with the increased usage of information and telecommunication technologies. We believe our user-oriented products, "PC Express", "PC OnLine", "CheckBook", and "TelOne" provide value without being vulnerable to technological obsolescence.
"PC Express" provides a service in great demand. The growth of the number of computers in use has taxed the resources of existing service and sales organizations to the point of their being non-responsive to the needs of the customer. PC Express is sensitive to the need for quick, reliable, and cost-effective repair, maintenance, and upgrade services. The approach of PC Express establishes long-term relationships with customers and encourages them to take advantage of decreasing processor and memory costs by upgrading existing computers. As the sophistication level of users increases, upgrade services will be in greater demand. By offering clients the choice of on-site repair or pick-up and delivery service, PC Express ensures minimal disruption of the customer's activities.
"PC OnLine" is a service designed to minimize the computer user's downtime. By providing reasonably priced help desk functionality, PC OnLine gives the user access to skilled technicians capable of solving many hardware, software, and configuration problems during a telephone session. This service also provides the technician with remote access to the user's computer. Diagnosis, program mending, software installation, and data recovery can all be performed as if the technician was at the user's site.
"CheckBook" Today, electronic commerce is in its infancy. Unlike the Internet, which was created as a completely "open" system, expansion and development of electronic commerce is being stifled due to the unreasonable belief that it can be contained, controlled, or manipulated.
Early entrants to the field focused on creating systems requiring banks, vendors, and subscribers to use non-standardized formats when completing electronic commerce transactions. Their intention was to monopolize the fields of electronic transactions, electronic security, and electronic bill presentment...electronic commerce. Banks and vendors both want to hold their clients hostage by tying them to a system with their brand name at the forefront. In both instances, the client's wants and needs are secondary. Management believes this system will not be successful.
The rapid growth of the Internet proves its viability and foreshadows the future of the industry. The inevitable transition of commerce to an electronic format edifies the fact that it cannot be controlled. Transaction volumes alone will ensure that electronic commerce evolves via an "open" system and that government agencies and the general population will support this process. Nucleus' approach is to unlock opportunities today by creating systems that can operate openly within multiple environments.
The "CheckBook" system allows banks, subscribers, and vendor companies to transact business today at little or no cost. We believe our network, which is capable of handling a tremendous volume of transactions with small, incremental costs to the financial institution or vendor companies, will compare favorably with networks charging large fees and achieving limited success in market penetration or longevity. This point is well-proven by our competitors who have, to date, amassed substantial negative equity due to the exorbitant cost of programming and maintaining multiple stand-alone systems.
"TelOne" TelOne resells telecommunications services, including long distance, cellular, personal communication services (PCS), and paging services. The Company has a base of over 5,000 customers, generally, small to medium-sized businesses. If the telecommunications needs of these customers change, TelOne is able to provide competitive services through the utilization of an effective distribution channel for suppliers of these services.
TelOne's customers rely on TelOne to obtain the best quality telecommunication services at competitive pricing. TelOne's experience in the telecommunications resale industry has enabled The Company to become very effective in the acquisition of various telecommunication assets, such as customer bases and accounts receivable. In this dynamic business, opportunities continually arise. TelOne has the expertise to take advantage of these situations, as they occur.
How Each System Works Nucleus Computers
Nucleus Computers provides clients with an expedient and cost-effective method of custom building PC workstations, networks, and software platforms using industry leader-manufactured components branded with the "Nucleus Computer" name. Customers can pick and choose components over the Internet with which to build a suitable computer or select components with the assistance of a trained Nucleus technician.
Nucleus "Business Browser"
The "Business" browser was developed as a Nucleus-branded Internet access front-end tool that allows clients to directly access frequently used web sites via a simplified user interface. The browser is segregated into seven sections, as follows: "CheckBook", a bill payment and presentment platform; "Business Services", a provider of links to host companies that perform general business services (i.e., Federal Express, UPS, Amazon, Monsterboard Com, etc.); "Travel" provides clients with access to all major airlines' sites, hotel sites, travel guides, to name a few; the "News" category gives clients direct access to CNN, "Bloomberg Reports", "The Wallstreet Journal" NYSE, NASDAQ,, etc.; "Entertainment" provides clients with direct access to the latest theatrical events, trade shows, live feeds, lotteries, restaurants, etc.; and "Nucleus" covering The Company's major product lines. The browser is a powerful tool with which businesses can utilize the best of the Internet, as well as the vendors they use most often.
Nucleus views the browser as a all-important factor in the sale of its Internet access products and the real estate developed for advertising revenue geared toward a specific client base. The browser was designed to be compatible with both Microsoft and Netscape.
"PC Express"
"PC Express" provides clients with an expedient and cost-effective method to gain hardware service for their computer systems. Technicians, working in a centralized location, repair computers that are picked up and returned by Nucleus drivers. This process saves customers time and money by keeping the technicians' hourly rate charge tied to the actual time it takes to repair the computer and eliminates expensive charges for travel time. This process actually decreases a client's "down time" because technicians can get to the computer quicker than if a visit had to be scheduled.
"PC OnLine
"PC OnLine" instantly brings our office to the customer's desk, allowing A+ Certified technicians to remotely access a client's computer, at their request, via modem or the Internet, to diagnose, install, and repair software programs, operating systems, and data storage devices. Customers pay a per minute rate for technical support instead of the industry standard "hourly minimums". Windows and DOS operating systems will be supported initially by PC Online. NDSI expects to support Macintosh in 1999.
"CheckBook"
"Checkbook" provides a depository into which multiple vendors can cost-effectively download rated billing information via their existing bill-imaging systems. Customers can then retrieve this information along with an aging summary for each of their vendors. At this point, they can pay either all or a portion of their bills directly to the vendor company with a credit or debit card. Customers disputing a bill can then contact the appropriate vendor to receive a corrected bill or credit. In either case, both the vendor and customer can react quickly and efficiently.
"TelOne"
TelOne acquires minutes of usage in bulk from the nations largest long distance, cellular, paging and local service providers. It then resells this usage to residential and small to medium sized businesses. Because of volume discounts, TelOne can enjoy significant margins while providing clients with a better rate than they could obtain through traditional channels.
Mission Statement Nucleus is striving to become the leader in PC and telecom support for both the home and small to medium-sized office. By providing clients with superior customer service and cost-effective product lines, the management of Nucleus intends to become the supplier of choice for all their clients' computer and telecommunications needs. It is also Management's intention to help customers move painlessly into the "digital age", where paper is being rapidly replaced by electronic storage. In such a world, every piece of valuable information ever sent to you is stored, filed, and readily available in a format allowing you to segregate this data automatically into usable reporting documents (i.e., financials, tax forms, payables, warranties, guarantees, product direction, etc.). Think how convenient it would be to push a button and have all your financial information in "real" time -- Push another button and have your taxes prepared -- Or open your home or office equipment file and have, at your fingertips, an inventory of your appliances, hardware, audio/visual equipment, etc., with the respective directions and warranty information for each item! Nucleus will take you there.
The Market Nucleus' "Business Browser" and "Internet Access", "PC Express", "PC OnLine" and "TelOne" markets consist of small to medium-sized businesses and residential clients that are not directly supported by the Fortune 1000 companies providing the majority of computer and telecom-related products acquired, to date, by these markets.
Nucleus' "Checkbook" market is defined by two groups: vendors who invoice customers, and consumers with Internet access receiving these invoices. Internet commerce is projected to exceed $13 billion this year, with the total projected value of goods and services traded on-line between companies at $8 billion and exploding to $327 billion by 2002. Today, fewer than two million consumers pay their bills electronically; however, industry analysts predict more than one third of the U.S. population will be paying bills via personal computers by the year 2000. Management envisions Nucleus at the forefront of this burgeoning industry. |