To: Venditâ„¢ who wrote (8271 ) 3/29/1999 8:44:00 AM From: esterina Respond to of 41369
PRGY making more alliances this morning. Stock to watch. 2nd tier to AOL. Prodigy and HotOffice Team to Offer Affordable Intranets for Small Businesses Business Wire - March 29, 1999 08:35 WHITE PLAINS, N.Y.--(BUSINESS WIRE)--March 29, 1999--Prodigy Communications Corporation (NASDAQ NMS: PRGY) announced today that Prodigy Business Solutions has teamed up with HotOffice Technologies, Inc. to offer a co-branded version of the award-winning HotOffice(TM) Web-Based Intranet Service to Prodigy's small and mid-sized business customers. The software enables business customers to create their own Intranet and use them to communicate and collaborate internally via the World Wide Web. As part of the agreement, Prodigy will market and distribute HotOffice from the Prodigy Business Solutions Web site at www.prodigybusiness.com, via direct mail, online and in print advertising. HotOffice in turn will provide a co-branded version of HotOffice that will include links to the Prodigy Business Solutions Website, enabling Prodigy to cross-merchandise its existing offerings. "Prodigy's Internet expertise and Web hosting services, together with HotOffice, offers customers the all-in-one solution for turning the Web into a powerful business tool for a company of any size," said Jim Dougherty, general manager of Prodigy Business Solutions. "Offering our customers the most comprehensive, easy-to-use, yet affordable services is what empowers them to compete and grow their business." "HotOffice is an ideal complement to Prodigy's new focus on the small business marketplace," said Michael Franz, chairman and CEO of HotOffice Technologies, Inc. "Prodigy provides the hosting and the know-how for the user to get to the Web, and HotOffice gives them an additional reason for being there, turning it into a productive, money-saving experience." About HotOffice Technologies, Inc.: The HotOffice Web-Based Intranet Service is the first product to be awarded both "Premiere Product" at DEMO and "Debut Company" at PC Forum, two of the industry's most prestigious events. Among its many accolades, HotOffice has received the PC Magazine Editors' Choice Award, a "Four Star Award" by PC Computing Magazine, and was listed as the Best Small Office Internet Solution in the Gadget Guru's Guide to the Best (syndicated columnist and NBC Today Show Correspondent). HotOffice Technologies, Inc., founded in 1995, is based in Boca Raton, Florida and is funded in part by Intel Corporation and TBG Information Investors, a partnership of Blumenstein/Thorne Information Partners and GS Capital Partners II, an affiliate of Goldman Sachs Group.