B2B Training ASP Chooses Data Return for Microsoft Expertise; KnowYourStuff.com To Revolutionize Retail Employee Training With Vertical Learning Community.Business/High-Tech Editors DALLAS--(BUSINESS WIRE)--April 4, 2000 KnowYourStuff.com has launched its first-to-market online training service with help from Data Return Corporation (Nasdaq: DRTN), a leading provider of managed hosting services for the Microsoft (Microsoft Corporation, Redmond, WA, www.microsoft.com) The most successful and influential software company. Microsoft's software and Intel's hardware pioneered the PC and revolutionized the computer industry. (R) Windows(R) 2000 platform. The ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). allows manufacturers to publish training programs in KnowYourStuff.com's patent-pending Vertical Learning Community for use by retail partners at no charge to their employees. Retail partners and manufacturers can then retrieve both usage and testing results to measure effectiveness and competency COMPETENCY, evidence. The legal fitness or ability of a witness to be heard on the trial of a cause. This term is also applied to written or other evidence which may be legally given on such trial, as, depositions, letters, account-books, and the like. 2. levels. KnowYourStuff.com founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Woody Woody Slang to describe when the market has a strong and quick upward movement. Notes: For example, you'll hear "the market has a woody," when the market is performing well... seriously, we don't make this stuff up. Nash conceived the idea when at a former company he was challenged with training over 1,000 retailers nationwide on his new product. It was nearly impossible to visit all of the dealers for face-to-face (jargon, chat) face-to-face - (F2F, IRL) Used to describe personal interaction in real life as opposed to via some digital or electronic communications medium. training sessions. Alternatively, if the training materials were made available online, there was no tracking mechanism to determine usage and effectiveness. As a result, Nash decided to start KnowYourStuff.com, which leverages the power of the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the by joining together buyers and sellers in an online community that provides secure access to a shared database of training materials and testing results. Nash knew in order to accelerate the launch of their ASP services they needed an experienced application hosting provider. "To address the training needs of large manufacturers, we knew we needed a world class hosting provider. After examining several options we chose Data Return," said Nash. "A single manufacturer can drive hundreds of thousands of new users almost overnight and that requires significant scalability How much a system can be expanded. See scalable. scalability - How well a solution to some problem will work when the size of the problem increases. For example, a central server of some kind with ten clients may perform adequately but with a thousand clients it . Data Return's expertise in addressing this level of scalability on the Microsoft platform was very important to us." "We are pleased that KnowYourStuff.com has selected Data Return to assist them in the delivery of their ASP services for this rapidly growing Internet segment. By utilizing Data Return as an Application Infrastructure Provider, KnowYourStuff.com can maintain their focus on core ASP initiatives," said Sunny C. Vanderbeck, Data Return chairman and CEO. About Data Return Managing over 1,600 applications for more than 1,000 companies worldwide, Data Return (Nasdaq: DRTN) is a leading provider of advanced managed hosting services based on Microsoft technologies. Data Return customers include Microsoft, Fossil, Alibre, Executive Software, PlanetOutdoors.com, Berlitz Languages, Sensormatic Electronics, Boeing Company and First USA Bank. Data Return is also a full-service Application Infrastructure Provider (AIP AIP acute intermittent porphyria. AIP Acute intermittent porphyria ) that is enabling Independent Software Vendors to rapidly become Application Service Providers (ASPs). Strategic partners and equity shareholders in Data Return include Microsoft Corp., Compaq Computer Corp. and Level 3 Communications
Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA. . For more information, visit www.datareturn.com. About KnowYourStuff.com KnowYourStuff.com LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an Application Service Provider (ASP) delivers Web-based training solutions that enable retail channel partners to train one another's employees. The privately-held, Morristown, NJ-based firm is poised for product roll-out into a broad range of vertical retailing industries. This press release contains forward-looking information. Actual results may differ materially due to a number of risks, including changes in external competitive market factors, changes in or an inability to execute Data Return's business strategy, unanticipated changes in the hosting industry, the economy in general and changes in the use of the Internet. Data Return cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Data Return's Prospectus dated October 27, 1999 and are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Data Return does not assume any obligation to update the forward-looking information contained in this press release. Data Return is trademark of Data Return Corporation. All other trademarks are the property of their respective holders. |
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