To: ciVic who wrote (6199 ) 5/26/1999 2:06:00 PM From: cabernetfranck Read Replies (1) | Respond to of 108040
Great news out for FLNK. They will offer subscription leasing of MSFT. NR wasn't linked to MSFT symbol so may take a while to disseminate the good news. Frank C. EDIT- starting to run now 1.35 x 1.36. L2 anyone? Wednesday May 26, 12:15 pm Eastern Time Company Press Release FutureLink First ASP to Offer Subscription Licensing of Microsoft Technology Products CALGARY, Alberta--(BUSINESS WIRE)--May 26, 1999--FutureLink Distribution Corp. (OTC BB:FLNK) is pleased to announce a new service which will offer subscriptions to Microsoft Back Office® products such as Microsoft® SQL Server, Microsoft Exchange and Windows® NT® Server for the new software rental and/or ASP market. Fees for accessing FutureLink's Server Farm will now include Subscription Access Licenses (SALs) which licenses end users to access Microsoft products for the term of the subscription (as little as a month and as long as two years). Similarly, as the user base fluctuates, FutureLink is required to pay a monthly Server License Subscription only for the number of servers used to service users connecting in that particular month. ''FutureLink's agreement to offer customers Microsoft products on a subscription basis is exciting and we are pleased that Onyx (Nasdaq:ONXS - news) customers will benefit from this option,'' said Brent Frei, president & CEO of Onyx Software. ''As one of the first application vendors to partner with FutureLink, Onyx believes that subscription-based offerings will be an increasingly attractive alternative to a diverse range of organizations. Because our software is built on Microsoft products, FutureLink's complete, hosted subscription-based offering of Microsoft Back Office together with Onyx Front Office represents a compelling solution for relationship management that will help customers achieve lower total cost of ownership.'' ''This is a pivotal development in the licensing of software for the ASP industry,'' said FutureLink's CEO Cameron Chell. ''We are honored to be leading a pilot with Microsoft. This will have far-reaching effects throughout the entire software industry -- most notably, the ease of use with which people will be able to access software. ''With this announcement, FutureLink will be able to offer, on a subscription basis, access to services based on Microsoft Server Technologies,'' said FutureLink's Director of Sales Colin Curwen. ''Essentially, this will give us the flexibility to price our subscription-based offerings more competitively, reduce our capital requirements to build infrastructure and allow us to accommodate short-term users.''