Chapter 2 to Manage and Support PeoplePC's Financial Applications.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Jan. 22, 2001 Chapter 2 to Provide Global Technology Company With Internet-Based Business Applications Services and Support Chapter 2, the provider of a global operating infrastructure for Internet-based business applications, today announced that PeoplePC, Inc. (Nasdaq:PEOP), the company that makes it easy and affordable for people to get online and participate in the digital economy, has selected Chapter 2 to host, manage and support its enterprise, client/server Oracle financials implementation. Through this agreement, Chapter 2 will provide a robust, secure and scalable Fortune 50-caliber IT infrastructure. By selecting Chapter 2 for application hosting 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 , PeoplePC can operate its financial applications much faster than if the company had built it from scratch. "The services provided by Chapter 2 will allow us to continue to provide our business customers with exceptional application readiness and reliability to help save us time and money," said Brett Meagher, senior director of application development of PeoplePC, Inc. "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a partner that could provide us with a reliable, customized infrastructure, and get us up and running quickly. Chapter 2 was able to assess our needs and enable our operating infrastructure within four to six weeks which made them a clear choice." "PeoplePC selected us to manage, support and host their business applications because we share a similar vision for the need to free customers from worrying about the underlying technology so they can focus on their core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
n. Dominion or rule, especially the British rule over India (1757-1947). [Hindi r , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder, Chapter 2. "PeoplePC has been very successful in partnering with best-of-breed companies that enable them to offer customers high quality products and services at an exceptionally low cost, and we look forward to building on that success." About Chapter 2 Chapter 2 e-services, Inc. is the first company built specifically to provide an enterprise-class operating infrastructure, managed operations and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for Internet-based business applications. The management team behind the Chapter 2(TM) infrastructure offers more than 200 years of collective experience managing business applications and other software technologies. Their vision extends beyond 'power, pipe and ping' to offer a global platform with Fortune 50-caliber security, stability and scalability. Founded in October 1999, Chapter 2 is based 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 and has secured financing from Convergence Partners, Sand Hill Capital and Hewlett-Packard Company. Call 415/956-8000, or visit online at http://www.chapter2.net. About PeoplePC PeoplePC, Inc. (Nasdaq:PEOP), launched in October 1999, provides a hassle-free and more affordable way to get online so that everyone can have access to and participate in the digital economy. PeoplePC offers its unique end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. both to individual consumers and to major corporations interested in wiring their workforces and creating deeper relationships with customers through PeoplePC real estate. A PeoplePC(TM) membership comes complete with a new, brand name computer system, unlimited Internet access See how to access the Internet. , and high-quality customer support and service. There's also a unique, customizable online community that fosters long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. , substantive connections with PeoplePC members and ongoing revenue possibilities. PeoplePC offers its services on a global basis, allowing people across the world to reap the rewards of the digital age. For more information, visit http://www.peoplepc.com. Note to Editors: Chapter 2 and the Chapter 2 logo are trademarks of Chapter 2 e-services, Inc. All other company or product names may be trademarks or registered trademarks of their respective owners. |
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