******* TO ALL NEWS *******Enter Symbol:
12/11/98
PRN
TeleServices International Group Announces Pact with amplified.com, Interne...
12/03/98
PRN
National Hockey League Hall-of-Famer Phil Esposito Signs to Represent Inter...
11/18/98
PRN
Teleservices International Group Announces $2.5 Million of $10 Million Priv...
More News...
How Do I...
TeleServices International Group Teams with Cohesive Technology Solutions
to Develop the Next-Generation E-Commerce System at
Compactconnection.Com
December 15, 1998 12:36 PM
ST. PETERSBURG, Fla., Dec. 15 /PRNewswire/ -- TeleServices International Group,
Inc. TSIG , today announced a partnership with Cohesive Technology Solutions, Inc.
to develop the next-generation e-commerce system for TeleServices' Compact
Connection. The announcement builds on TeleServices' growth in the online retail
market by leveraging Cohesive's industry and technology expertise.
Compact Connection, Inc. (CCI), an online music retailer, is a subsidiary of
TeleServices, a fully integrated provider of outsourced teleservices. Compact
Connection sells CDs and cassettes online via its website
(http://www.compactconnection.com) at discount prices competitive with other
leading online music retailers such as MusicBoulevard and CDNow. Unique to the
Internet is Compact Connection's marketing of its MusicCard(TM), which provides
purchasers the ability to buy CDs and cassettes at even greater discounted prices.
Cohesive, a leading IT consulting firm, has extensive experience in the design and
development of e-commerce systems, and will provide to TeleServices technical
consulting services including custom application development, database design, and
strategic analysis. Focusing on scalability and extensibility, the new Compact
Connection e-commerce site will be designed to support TeleServices' growing
customer base. The re-design will focus on improved usability, rapid transaction
processing, and seamless integration with fulfillment systems.
"Cohesive is uniquely positioned to provide the full range of services that will enable
Compact Connection to continue its rapid growth," said John Hwang, Cohesive
Managing Partner. "With our experience working with clients such as Netscape,
Sunrider International, Microsoft, and N2K, we bring our best practices experiences to
TeleServices."
Added Robert Gordon, Chairman of Teleservices, "We believe that Cohesive is the
world's leading website developer and are excited about our partnership. We will be
linking Compact Connection's next-generation e-commerce site to TeleServices'
state-of-the-art call center, and will be able to provide the most advanced and
customer-friendly Internet shopping experience available today."
About Cohesive Technology Solutions, Inc.
Cohesive is a leading information technology consulting organization with
headquarters in Palo Alto, CA. The privately held company serves its clients from
regional divisions in Boston, Chicago, the Gulf Coast, London, New York, and San
Francisco/Silicon Valley. Cohesive is funded by Welsh Carson Anderson & Stowe,
one of the largest providers of private equity in the United States. Cisco Systems is a
minority owner and strategic partner of the firm.
Cohesive's consultants provide expertise in business consulting, networking, and
application development. Specific areas of expertise include IT strategy; project
management; network design, integration, and management; IT security; e-mail and
messaging; database design and integration; and Internet and Intranet application
development. The company serves customers across the U.S., including Hewlett
Packard, Oracle, GTE Internetworking, Wells Fargo Bank, Ameritech, the Chicago
Tribune, Georgia Gulf, Louisiana Department of Social Services, and Stanford
University, as well as numerous small and medium-sized companies. For more
information, visit the company's Web site at cohesive.com, send e-mail to
inquiries@cohesive.com, call 650-855- 1700 or fax at 650-855-1715.
About TeleServices International Group, Inc.
TeleServices International Group, Inc. is a provider of fully integrated global
teleservices to companies focused on selling products and services through toll-free
numbers and the Internet. The Company's wide array of teleservices includes
telephone sales/order capturing, customer service and product support as well as
direct-response advertising. Visit TeleServices web site at
stockprofiles.com, or e-mail info@tsig.com.
This press release contains "forward-looking statements" within the meaning of
Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities
Exchange Act. Actual results could differ materially, as the result of such factors as
competition in the markets for outsourced teleservices and for retail compact discs,
the availability of financing at favorable terms, and other factors detailed in the
Company's public filings with the SEC.
SOURCE TeleServices International Group, Inc. |
