Bloomberg Ranks USinternetworking One of the Top 100 Tech Firms.Business/Technology Editors ANNAPOLIS, Md.--(BUSINESS WIRE)--Sept. 18, 2000 USinternetworking, Inc. (USi, Nasdaq: USIX USIX USinternetworking, Inc. (stock symbol) ), the leading Application Service Provider (ASP), today announced that it has been selected by Bloomberg Personal Finance Magazine as the 16th fastest growing tech company out of a group of one hundred. The companies were chosen from Bloomberg's database of 5,000 tech firms. The list, which will appear in the October issue of Bloomberg Personal Finance, is ranked by fiscal-year sales growth and confirmed by at least 25 percent sales growth in the last quarter. USinternetworking's high placement on the list is a strong acknowledgment of its current business practice and the efficacy of the USi business model. "We're pleased to announce that we have been selected by Bloomberg for the tech top 100," remarked Andrew Stern, Chief Executive Officer of USi. "This is a testimony to our market-leading position, our ability to deliver highly scalable enterprise ASP solutions, and our commitment to excellent customer service. These successes have made USi the foremost ASP." About USinternetworking, Inc. USinternetworking Inc. (Nasdaq: USIX) is a leading Application Service Provider delivering e-commerce and enterprise software as a service. The Company's iMAP portfolio of service offerings delivers the rich functionality of leading software from Ariba, BroadVision, Lawson, Microsoft, Oracle, PeopleSoft, and Siebel as a continuously supported, flat rate monthly service via an advanced, secure global data center network. USi's AppHost service enables Independent Software Vendors to effectively provide their customers with software products as Internet-based services. Internet Managed Application Provider, iMAP, AppHost, PriorityPeering, USiGSP, USiSAN USiAccelerate, and Making Software Simple are service marks of USinternetworking, Inc. All other trademarks are the property of their respective owners. USi strategic partners and providers are publicly traded on Nasdaq under the symbols: ARBA, BVSN BVSN Broadvision, Inc. (stock abbreviation, AMEX) , CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer , 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 ,ORCL ORCL Oracle (stock symbol) , PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc and SEBL SEBL Siebel Systems, Inc. (stock abbreviation, AMEX) . Information in this release may involve expectations, beliefs, plans, intentions or strategies regarding the future. These 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. involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to USinternetworking Inc. as of the date of the release, and we assume no obligation to update any such forward-looking statement. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Some of the factors and risks associated with our business are discussed in the Company's registration statement on Form S-3 declared effective by the Securities and Exchange Commission ("SEC") on April 8, 1999, the Company's Form 10-Q Form 10-Q See 10-Q. filed with the SEC on May 15, 2000, and in our other reports filed from time to time with the SEC. |
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