Business Engine and Digital Island Partner To Provide Net Marketplace for Professional Services.Business/High-Tech Editors SAN FRANCISCO--(BUSINESS WIRE)--April 5, 2000 The Business Engine Network(TM) Leads the PSA (Professional Services Automation) An information system designed to organize, track and manage all opportunities, work, resources, costs, revenues and invoices to improve the productivity and efficiency of the workforce. Marketplace with Digital Island's Network Services, Providing Increased Reliability, Performance and Support for Worldwide Customers Business Engine(R) Software Corporation, a leading supplier of e-business solutions for global IT, R&D and professional service organizations, today announced it has selected Digital Island, Inc. (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 :ISLD ISLD International Society for Lasers in Dentistry ISLD Island ECN, Inc. (stock symbol) ), a leading Global e-Business Delivery Network to provide network and hosting services for its product, The Business Engine Network. "Business Engine serves a large customer base of multi-national corporations who increasingly need to provide access to enterprise data on a global basis. Digital Island has an outstanding infrastructure around the world and can help provide the kind of performance and growth our customers demand," said Herb Rosenberg, Business Engine(TM) vice president of technical services. "Their network reliability, security, scalability, service and support will lend strength to our solutions, which help organizations manage internal initiatives and outsourced professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. ." With six data centers strategically located throughout the world, Digital Island will enable The Business Engine Network to provide a reliable, worldwide net marketplace for both the management of internal initiatives and the procurement and delivery of professional services. The Business Engine Network enables a contractor in Singapore to submit an proposal for a project in London, a professional service organization in India to negotiate their contract with a large company in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of or a manager 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. to determine the status of an initiative while travelling in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . All that is needed is access to a web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . "Digital Island's network services have the global reach and secure infrastructure Business Engine's customers require to migrate their internal processes and professional service initiatives to the Internet for reduced costs and increased productivity," said Tim Wilson This article is about comedian/singer from Columbus, Georgia. For the coach of the same name, see Tim Wilson (coach). For the football player of the same name see Tim Wilson (football player). , vice president of marketing at Digital Island. "With Digital Island's integrated suite of hosting and network services, Business Engine can support a global business-to-business marketplace, allowing its customers to interact with partners and vendors any where, any time." The Business Engine Network addresses the needs of internal and external service organizations who suffer from the rising costs of labor, high turnover and lack of automated systems by establishing a net marketplace that: -- Links buyers and sellers in the service supply chain -- Delivers business-to-business applications that automate and manage the outsourcing of professional services -- Provides industrial-strength enterprise applications for the internal management of resources and initiatives By using Digital Island's hosting, content delivery and network services, Business Engine customers and service providers will be able to easily organize globally dispersed dis·perse v. dis·persed, dis·pers·ing, dis·pers·es v.tr. 1. a. To drive off or scatter in different directions: The police dispersed the crowd. b. project teams that can trade, collaborate and manage projects with their trading partners in a secure and scalable environment. Customers will have access to many sellers, which in turn provide access to multiple buyers - without exposing their internal networks to security risks. This complete Internet-based solution allows customers to avoid investing in the hardware, infrastructure and technical support required to set up an internal network for managing initiatives and resources. "Digital Island's ability to reliably and successfully deliver networking services and content will help increase the efficiency of The Business Engine Network and establish it as the leading solution for professional services management at IT, R&D and professional services organizations," said George Van Ness Van Ness may refer to: People
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at Business Engine. "Digital Island's e-Business expertise will ensure our customers receive service and support 24 hours a day, seven days a week." The Business Engine Network was released for general availability on March 28. About Business Engine Software Corporation Business Engine Software Corporation has been delivering resource and initiative management applications to project-driven Fortune 1000 companies for more than five years from offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. These global organizations are using Business Engine Software solutions to improve the effective management of their complex projects and initiatives, and utilization of internal and external resources. For more information on Business Engine Software Corporation or the company's products, please call 800/235-4142 in the United States, 415/616-4000 from outside of the United States, or visit the company's site at http://www.businessengine.com About Digital Island Digital Island(R) is a leading global e-Business Delivery Network. The company's suite of application services See ASP and Web services. for interactive e-Business allows customers and partners to readily integrate content delivery, hosting and intelligent networking to give the ultimate consumer a superior experience. Strategically located Data Centers in the United States, Europe and Asia are directly connected to leading access service providers in 25 countries. In addition, Digital Island operates a network of more than 1,200 content distributors across the Internet, which improves the performance and reduces the cost of hosting high-volume Web applications in target markets. This network is expected to grow to 6,200 content distributors in 350 locations worldwide by the year 2003. Digital Island is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Important Notice Digital Island is a registered trademark of Digital Island, Inc. All other trademarks are properties of their respective owners. This release may contain 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. that involve risks and uncertainties. Important factors which could cause actual results to differ materially from those in the forward-looking statements, include but are not limited to: the company's short operating history which makes it difficult to predict its future results of operations; the company's history of operating losses operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. and expected future losses which could impede its ability to address the risks and difficulties encountered by companies in new and rapidly evolving markets; the company's future operating results could fluctuate which may cause volatility or a decline in the price of the company's stock; the company may not be able to price its services above the overall cost of bandwidth causing its financial results to suffer; and other factors detailed in the Company's filings with the Securities and Exchange Commission including its recent filing on Form S-1. |
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