BulletIN.net Announces Investment by Mail.com.Business Editors ATLANTA--(BUSINESS WIRE)--Aug. 21, 2000 Global business e-mail leader represents first strategic investment partner for BulletIN.net BulletIN.net, a leading developer and supplier of 2-way wireless Internet messaging products, announced today that Mail.com (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MAIL), the world's largest Messaging Service Provider (MSP (1) (Management Service Provider or Managed Service Provider) An organization that manages a customer's computer systems and networks which are either located on the customer's premises or at a third-party datacenter. ), has made a strategic equity investment in BulletIN.net through an equity exchange. The two companies plan to explore further opportunities to develop wireless access solutions for the 17 million e-mailboxes and nine thousand businesses served worldwide by Mail.com. "BulletIN.net and Mail.com recently announced a partnership to deliver wireless e-mail access to Mail.com's customers in the United Kingdom, through BulletIN's previous relationship with UK wireless carrier Vodafone," said Marlin Nelson, president of BulletIN.net. "This investment by Mail.com reaffirms their commitment to our technology as we work together to give Mail.com users untethered Unattached to any data or power source by wire or fiber; in other words: wireless. Contrast with tethered. access to their e-mailboxes in other locales around the world. The next targeted markets include South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. and Australia." BulletIN.net's technology allows standard Internet e-mail messages to be filtered, sent to and accessed via mobile phones using the wireless Short Messaging See SMS. Service (SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. ) capability. When the new combined BulletIN/Mail.com service goes live in the UK, Mail.com users will have the option to forward some or all of their e-mail messages - divided into 160-character SMS messages - to their mobile phone. "BulletIN.net brings proven technology and wireless expertise as well as an established base of wireless carriers and messaging customers," said Sam Kline, Mail.com chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "We look forward to expanding our work with BulletIN to extend the reach of our customers' desktop mail to any wireless device." "Mail.com clearly understands the significance as wireless and the Internet converge," said Elliott Singer, chairman of the BulleIN.net board of directors. "This capital infusion Capital infusion Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions. and partnership by Mail.com enhances our ability to grow the business and expand to new markets and technologies." BulletIN.net is seeking to invest in further research and development, sales and marketing to address worldwide launch and operations of its leading-edge, wireless Internet strategies. About Mail.Com Mail.com Inc. is a one-stop resource for Internet messaging services, providing reliable feature-rich e-mail and Internet fax services to businesses, ISPs, Web sites and direct to consumers through its flagship Web site: http://www.mail.com. Mail.com has a technology infrastructure of IP network facilities in 20 key countries and currently serves more than 17.7 million e-mailboxes and 9,000 corporate customers worldwide. About BulletIN.net BulletIN.net is a leading provider of two-way wireless Internet messaging products and services for wireless carriers. Currently working with wireless partners including BellSouth DCS (1) See also DSC. (2) Digital Cross-connect System) A network switching and grooming device used by telecom carriers. See digital cross-connect. , Vodafone UK and Vodafone NZ, BulletIN has more than 140,000 provisioned subscribers. With eleven office locations worldwide, BulletIN provides service and support for a global market. For further information, visit www.bulletin.net. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion