Centra Selects Ikonnet for Strategic Partnership Serving the Chinese Market; China Seen as a Potentially Significant Growth Opportunity for Centra.Business Editors/High-Tech Writers WASHINGTON--(BUSINESS WIRE)--Sept. 10, 2003 To meet accelerating demand for Web-based meeting services in Asia, Centra Software, 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 : CTRA CTRA Canadian Therapeutic Recreation Association CTRA College Terrace Residents' Association CTRA Canadian Telecommunications Resellers Alliance CTRA Committee To Restore America ), a leading provider of application software and services for real-time enterprise collaboration (RTEC RTEC Regional Technology in Education Consortium RTEC Ready-To-Eat Cereal RTEC Rural Transit Enterprises Coordinated, Inc (Kentucky, USA) RTEC Run Time Error Checker ), today announced at the Conferencing4Business Conference and Exhibition that Ikonnet Technologies, in partnership with AsiaCorp Communications, Inc., will provide a new Internet-based online meeting service based on technology from Centra. Branded Himeeting, the service is specially designed to provide distance meeting and training services for multinational companies operating in China, local Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
"The demand we have seen in the last year proves that Asia represents a valuable market opportunity for our Web meeting services. Our partnership with Ikonnet will allow us to provide a product that meets the needs of the exploding Chinese market," stated Paul Daly, senior vice president of Worldwide Sales and Marketing, Centra. About Ikonnet Technologies Ikonnet Technologies is a leading eLearning solution provider in China and Taiwan. Ikonnet's solutions utilize multimedia and networking technology to provide a wide range of products and services. Their best selling "high class" system has been deployed in more than 15,000 computer rooms worldwide, enabling a better learning and training experience. Other solutions include video streaming See streaming video and video stream. , live network broadcasting, presentation generation and more. With a focus on eLearning, Ikonnet Technologies transfers technologies, expertise and know-how to help companies build the best eLearning system for their organization. For more information, visit www.ikonnet.com. About Centra Leading with a proven track record of helping approximately 1,200 organizations increase revenue and improve business performance, Centra offers enterprise application software that enables organizations to deliver real-time communication, collaboration and learning across the extended enterprise. Centra offers solutions that deliver enhanced integration of real-time collaboration capabilities with departmental business processes, such as sales and marketing, and virtual teamwork. Available in 14 languages, Centra applications can be deployed as on-site software or through our ASP service and are supported by an active ecosystem of value-added partners, including Microsoft, Oracle, Siebel, Deloitte Consulting, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. and Cisco. Organizations across every major industry and market sector choose Centra, including Cadbury Schweppes Cadbury Schweppes plc is a confectionery and beverage company with its headquarters in Berkeley Square, London, England, UK. Cadbury Schweppes is currently the only major international confectionery manufacturer to produce Fairtrade or organic products, which it sells through its , McKesson, Sysco, Viacom and Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. . Headquartered in Lexington, Massachusetts Lexington is a town in Middlesex County, Massachusetts, United States. The population was 30,355 at the 2000 census. The town is famous for being the site of the opening shots of the Battles of Lexington and Concord, the first engagement of the American Revolution. , Centra serves a worldwide customer base throughout the Americas, Europe, Asia and Australia. For more information, visit www.centra.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement With the exception of the historical information contained in this release, the matters described herein 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. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including but not limited to, statements concerning management's expectations regarding future results of operations, and statements that involve risk and uncertainties that may individually or mutually impact the matters herein, and cause actual results, events and performance to differ materially. Without limiting the foregoing, the words "believes," "plans," "expects," "anticipates" and similar expressions are intended to identify forward-looking statements. There are a number of important risk factors that could cause our results to differ materially from those indicated by such forward-looking statements. These risk factors include, but are not limited to, technological difficulties, the results of future research, uncertainty of product demand and market acceptance for the Company's Centra 7 collaboration platform An emerging category of computer software, collaboration platforms are unified electronic platforms that support synchronous and asynchronous communication through a variety of devices and channels. and its other current and future products, the effect of economic conditions, the impact of competitive products and pricing and/or other factors outside the control of the Company, which are detailed from time to time in the Company's filings with the SEC, which are available at www.centra.com/investorrelations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Centra is a registered trademark of Centra Software, Inc. All other trademarks and service marks referenced herein are the property of their respective owners. |
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