AppNet and Great Plains Partner to Build Interconnected Business Environment for Great Plains' Community.Business Editors/Hi-Tech Writers BETHESDA, Md. and FARGO, N.D.--(BUSINESS WIRE)--March 21, 2000 AppNet, Inc. (Nasdaq:APNT APNT Association of Physical and Natural Therapists ) and Great Plains (Nasdaq:GPSI GPSI Graphics Processor Software Interface GPSI Global Positioning System Inertial GPSI Generic Pharmaceutical Services, Inc. (Hauppauge, NY) GPSI Group Policy Software Installation GPSI General Purpose Serial Interface ) today announced a partnership to design a Web-based business environment that delivers personalized, end-to-end business processes, community interactions and buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. aggregation to any interconnected community member. Community members include Great Plains' network of business partners, customers, investors and team members and the communities they interact with. The Web-based business environment will increase efficiencies, streamline business processes and improve the economics for all its community members. Under terms of the agreement, AppNet will provide strategy consulting, design and delivery of a Microsoft-based Web business environment. Great Plains will use its transactional backbone, eEnterprise, to facilitate the interconnected business environment among more than 130,000 customers, 1,500 channel partners and 1,800 team members already within the Great Plains community. This engagement represents the latest in a string of business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) marketplaces being built by AppNet. "As strategic partners with Great Plains, we are uniquely positioned to leverage our knowledge of the company and our experience with other large scale e-business community and portal projects like UCCnet, VEBA VEBA Voluntary Employees' Beneficiary Association Electronics, and bet.com, to meet Great Plains' e-business needs," said Jack Reinelt, division president of AppNet. "We're excited to utilize the unstoppable power of the Internet to interconnect Great Plains with its various business communities." "The Internet enables businesses to interconnect beyond their four walls to their direct business community, and more importantly, to business communities around the world. As most of these interconnections will result in transactions, Great Plains' transactional expertise, coupled with AppNet's expertise in building business-to-business sites, will play a key role in facilitating this interconnected business environment," said Lynne Stockstad, vice president of e-business at Great Plains. About AppNet AppNet (Nasdaq: APNT) is a premier provider to end-to-end e-business solutions, from interactive marketing to back-office integration. For companies transforming themselves for the new Internet See Web 2.0 and Internet2. economy, the firm offers a unique mix of Internet strategy, marketing, and technology services. AppNet is the fourth largest interactive marketing agency according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Ad Age and one of the 50 largest pure Internet companies, according to Internet World. AppNet works with Fortune 1000 and dot.com companies. Customers include UCCnet, Baxter Healthcare, Dial, Ford, Ralston Purina, Hyundai, multex.com, bet.com, UNICEF UNICEF (y `nĭsĕf'), the United Nations Children's Fund, an affiliated agency of the United Nations. , KB Toys K•B Toys (previously known as Kay Bee Toys) is a chain of mall-based retail toy stores in the United States. It was founded in 1922 by the Kaufman brothers. It currently operates 605 stores in 44 U.S. states, Puerto Rico as well as Guam. , NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , and Unilever. For more information about how AppNet can bring the power of e-business to your business, visit www.appnet.com. About Great Plains Great Plains (Nasdaq: GPSI) is a leading provider of e-business solutions for the midmarket. Great Plains offers e-business applications for financials, distribution, enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. , project accounting, electronic commerce, human resource management, manufacturing, sales and marketing management, and customer service and support. Great Plains' solutions are sold and implemented by a unique worldwide network of independent partner organizations that share the company's commitment to lasting customer relationships. Named four times to the "Top 100 Companies to Work for in America" list, Great Plains has more than 1,800 team members worldwide. More information about Great Plains can be found at www.greatplains.com. This press release may include "forward-looking statements" for purposes of the Securities Exchange Act of 1934. All statements herein, other than those of historical fact, including statements regarding future contractual arrangements or performance, competitive strengths, and business strategy, are forward-looking. Actual results or events may differ materially from those projected in such forward-looking statements. Information regarding the factors that could cause such differences is contained in AppNet's filings with the Securities and Exchange Commission. |
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