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Technology Stocks : EBAY's Passe? New Auction Sites -- Ignore unavailable to you. Want to Upgrade?

To: lindalib who wrote (80)	4/6/1999 2:33:00 PM
From: Lundens	Read Replies (2) \| Respond to of 91

Here is a company introducing internet auction software. This is a good release for a company which previously was too future technology oriented particularily into convergience technologies and implementing this in communities. Providing the base of software/servers to support these communities or virtual communities will be more profitable. FutureOne, Inc. Introduces Internet Auction Server Software PHOENIX--(BUSINESS WIRE)--April 6, 1999--FutureOne, Inc. www.futureone.com, announced today that they have licensed the first copy of their Internet Auction Server (IAS) Software. FutureOne (OTC BB:FUTO - news) has been developing its IAS for the past year as part of the software designed to be used in its recently announced NeighborComm(TM) communities. This new software enables companies to easily expand into the auction-house Internet market due to its flexibility and highly sophisticated architecture. FutureOne's Internet Auction Server software is a complete auction solution that can be customized to meet the needs of any Internet auction site. The IAS software package offers functionality similar of sites such as eBay (Nasdaq:EBAY - news) as well as the new Amazon.com (Nasdaq:AMZN - news) auction site. In addition to IAS, FutureOne, Inc., recently developed iBid, an Internet bidding software solution for the live Barrett-Jackson Classic Car Auction, which processes between $15 and $20 million dollars at its annual four-day auction. The iBid package was integrated with the client-server system that Barrett-Jackson uses to manage and account for its auction events, also designed by FutureOne. According to Stephen Heitz, vice president of Software Development for FutureOne, ''The Internet Auction Server is a robust set of ActiveX component objects that are scalable across multiple servers, enabling it to handle a high volume of concurrent transactions. IAS runs on Windows NT Server with IIS 4.0 and uses Microsoft SQL Server (Nasdaq:MSFT - news) for its database engines.'' FutureOne licenses both the components as well as the source code for its IAS. They also give technical assistance with modifications and can provide a complete custom-built package for specific auction sites. The introduction of FutureOne's Internet Auction Server software application is just another step in offering customers more in-depth services for e-commerce solutions. In addition to new innovations in software development, FutureOne was chosen to speak at the prestigious Microsoft Developer Days '98 conference, where FutureOne provided Web developers advanced training in the use of the latest tools and work with the Windows DNA architecture. About the company: FutureOne provides a full range of Internet and e-commerce related services for business applications. FutureOne recently announced their networked residential and commercial communities, NeighborComm(TM). NeighborComm provides Internet, telephone, and cable service via fiber optic cable and utilizes hardware manufactured by ASCEND (Nasdaq:ACND - news), and Lucent Technologies (Nasdaq:LU - news) as well as IBM's (NYSE:IBM - news) Home Director technology. This press release may contain forward-looking statements. No explicit or implicit promises are intended herein. Any investment in these designated securities should be considered highly speculative. The company recommends that any prospective investor consult with his investment advisor or broker prior to investing in the company's securities. This press release is not intended as a general solicitation for an offer to buy nor an offer to sell securities. Anderson & Company's compensation package for public relations services is fee-based only. Contact: FutureOne, Inc. stephen@futureone.com - Stephen Heitz