BP Amoco Taps InsynQ Solution.Business Editors, High-Tech Writers TACOMA, Wash.--(BUSINESS WIRE)--April 26, 2001 InsynQ, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ISNQ), a pioneer within the Internet Utility Software used to search the Internet. See Archie, Gopher, Veronica, WAIS and Web browser. Industry, has entered into an IT outsourcing agreement with BP Amoco p.l.c. (BP). Under the terms of the agreement, InsynQ will provide services to facilitate real-time collaboration and reporting among BP project managers and their contract service vendors. Participants will use Microsoft(R) Office 2000 and collaborative messaging applications packaged in InsynQ's Internet-based Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. (R) Virtual Desktops. The solution brings platform/software compatibility and file/print sharing capability to previously disconnected audiences. An additional benefit of the InsynQ solution is the embedded support functionality, which will streamline BP's training and support efforts. The function, known as "shadowing," will enable BP support personnel to operate a user's computer remotely, while the user observes. Initially, InsynQ will deliver a 15-seat deployment to core BP staff for testing. Upon completion of testing, the InsynQ solution is expected to be rolled out to a global community consisting of 10,000 users. About BP Amoco BP Amoco p.l.c. is one of the three largest integrated energy companies in the world. They operate in 100 countries on six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . Formed from the merger of British Petroleum and Amoco, BP Amoco is the world's No. 3 integrated oil company. It has grown further by buying Atlantic Richfield Company (ARCO ar·co adv. & adj. Music With a bow. Used chiefly as a direction to indicate the resumption of bowing after a pizzicato passage. Adj. 1. ). The new BP has proved reserves proved reserves The quantity of minerals expected to be recoverable under current economic and operating conditions. The amount of proved reserves is important in valuing the stock of a company with significant holdings in natural resources. of 19.3 billion barrels of oil equivalent, including large holdings in Alaska and the North Sea. BP operates 29,000 gas stations worldwide. It is the largest US oil and gas producer. Also a top refiner (3.2 million barrels of oil per day capacity) and petrochemicals and specialty chemicals manufacturer, it has expanded by buying motor-oil maker Burmah Castrol. The company has adopted BP as its new worldwide brand. About InsynQ InsynQ delivers business software applications and managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality over Internet-based wide area networks. The company offers proprietary hardware technologies, network consulting, multimedia development, and hosting services. For more information on InsynQ products and services, visit www.InsynQ.com, or call 253/284-2000. Forward Looking Statements Statements made in this press release that state the Company or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation 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 other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. |
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