Activeworlds.com Creates European Alliance With Fujitsu Ltd. Subsidiary, Amdahl Resources.NEWBURYPORT, Mass.--(BUSINESS WIRE)--March 10, 1999-- Activeworlds.com, Inc. (OTC BB: AWLD) today announced that it has entered into an agreement with Amdahl Resources Internet (ARI), a division of Fujitsu Limited (FJTSF) and a leading global IT consultant corporation with over 8000 consultants. Amdahl Resources will represent Activeworlds.com and its Internet products, primarily Active Worlds, in the European marketplace. This alliance will give Activeworlds.com a solid European base of operations that will help promote its Internet product line throughout the European marketplace as well as reinforces the ARI presence at the forefront of the Internet technology marketplace. "This new department is concentrating on Internet solutions, encompassing the entire range from e-commerce, legacy system interfaces, through to future technologies, such as 3D and similar systems," said Mike Beale, Internet Services Manager of ARI. "We see a possible partnership here, that as a result of Activeworlds.com, we as a company would get a name and a presence in this emerging industry." "ARI is proud to be seen as an alliance partner with the leading 3D, multi-user, interactive technology on the web," said Graham Evans of ARI. "We see the future of the Internet in 3D, and it is no longer a case that 3D is nice to have, rather it is now seen as what people expect, and Activeworlds is the best technology available." "This expansion into the European Marketplace with ARI greatly solidifies our global market," said JP McCormick, Chairman of Activeworlds.com. "Alliances with companies like Amdahl allow Activeworlds.com to rapidly become the standard of 3D VR on the Internet. By offering our technology, Activeworlds.com gains worldwide representation and ARI truly moves to the cutting edge of a burgeoning worldwide market." About Activeworlds.com, Inc. (http://www.activeworlds.com) Active Worlds(TM) unique technology allows thousands of simultaneous users to build 3D content in the same shared environment, ideally suited for such applications as e-commerce, chat, and distance learning. Activeworlds.com, Inc. has a worldwide user base of over 650,000 on the Universe server (Uniserver) it operates, which receives over one million impressions per day, and is experiencing over 1,000 new downloads per day of its browser used to access this environment. About Amdahl Resources. Amdahl Resources Internet is part of the DMR Group, a global IT consultant corporation, with over 8000 consultants. Amdahl and DMR are part of the Fujitsu Group (FJTSF), with a combined turnover of over $36 Billion. Safe Harbor Statement Investors should carefully consider the preceding information as well as other information contained in this press release before making an investment in the Common Stock. Information contained in this press release contains "forward-looking statements" which can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "should," or "anticipates" or the negative thereof or given that the future results covered by the forward-looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future results covered in such forward-looking statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements. |
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