[0] Microsoft Canada Signs First North American Venture Capital E-Commerce Agreement With The NRG Group.Business Editors TORONTO--(BUSINESS WIRE)--Nov. 23, 2000 Microsoft Canada Co. and The NRG NRG Energy NRG NRG Energy, Inc. NRG Natural Resources Group NRG New Radiancy Group NRG Network Referral Group NRG Network Resource Grapher NRG Numerics Rapporteur Group NRG Neuroprosthetics Research Group NRG notional requirements generator Group, Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : NRG) today announced the signing of an e-commerce agreement to help accelerate NRG's portfolio companies to market. This deal is the first one of its kind in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. for Microsoft. The Venture Capital E-Commerce Agreement gives start-up companies start-up company A new business. under the NRG umbrella an extensive portfolio of free Microsoft software, in addition to discounted rates and the use of the Microsoft Technology Centre and Microsoft Consulting Services The consulting arm of Microsoft which offers support for installation and maintenance of Microsoft applications and operating systems. . Between five and ten companies in the NRG stable of companies will benefit from the program, using the Microsoft eBusiness products and solutions to operate, maintain and enhance their Web sites and e-commerce business activities. These companies, in turn, will provide feedback to Microsoft on the functionalities and capabilities of the products to address business requirements in their space. "Our alliance with The NRG Group is another demonstration of Microsoft's commitment to powering the development of Canada's e-commerce industry," said Frank Clegg, President, Microsoft Canada Co. "We are very pleased to be working with a company such as NRG that shares our commitment to fostering the growth of Canadian businesses on the world stage." "We are very excited about the opportunity presented by this agreement to leverage Microsoft software products, knowledge and facilities to the benefit of our companies," said Albert Behr, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of NRG Investments. This is one of a growing number of strategic alliances between Microsoft and The NRG Group. Recently, Microsoft Canada, Compaq Canada and Intel Canada announced the launch of speedStart - another program designed to help accelerate Canadian start-ups and speed world-class companies and products to market. The NRG Group is an affiliate of the speedStart program. NRG investee company eyeReturn is also a member of Microsoft's Independent Software Vendor program, which is a shared community and referral network of companies operating on Microsoft platforms. "At The NRG Group, we believe that forging technology relationships and facilitating the flow of knowledge across companies are key to creating value and wealth in the new economy," added Behr. About Microsoft Founded in 1975, Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, (Nasdaq "MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ") is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software -- any time, any place and on any device. Microsoft is a registered trademark or trademark of Microsoft Corporation in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. About The NRG Group The NRG Group (TSE: NRG) is in the business of building businesses. As a business development corporation, The NRG Group consists of: NRG Investments and NRG Solutions. NRG Investments incubates and accelerates the development of high-tech infrastructure and personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. companies. NRG invests financial and human capital at various stages-from the incubation of start-ups, to investment in and acceleration of companies in later stages of growth. NRG Investments houses its new companies under one roof. The NRG business model offers value through the interaction and information sharing See data conferencing. between these companies, and access to the NRG network of experts in marketing, strategic business development and sales, public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , research, legal and finance. NRG Investments also adds value, beyond financial, to later stage companies in its portfolio by providing access to NRG's skills network. NRG Solutions is a leading youth-driven marketing consultancy aimed at providing strategic answers, products or projects for any organization targeting the 13-29 year old demographic. NRG Solutions provides strategic insight and direction to youth-focused companies, brands, products, institutions and cultures, including a number of Fortune 500 companies. NRG's strategic partners include chinadotcom, which gives the NRG network access to 19 pan-Asian countries. The NRG Group is also an affiliate of the speedStart program launched by Microsoft Canada, Compaq Canada and Intel Canada. The NRG Group supports Microsoft software and technologies as the recommended electronic commerce solution for its portfolio companies. |
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