Charles Skamser Speaks at ITAA ASP Event.HOUSTON--(BUSINESS WIRE)--Dec. 7, 1999-- ebaseOne Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EBAS) announced today that 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. Charles Skamser will be a featured speaker at the Information Technology Association of America's (ITAA (Information Technology Association of America, Arlington, VA, www.itaa.org) Formerly the Association of Data Processing Service Organizations (ADAPSO). A membership organization founded in 1960 that defines performance standards, improves management methods and monitors government ) first ASP Meeting and Networking Session that is being held today, December 7 in Arlington, Va. In his session titled "The ASP Start-Up: Thriving in the Emerging ASP Industry," Skamser will discuss how ebaseOne became an emerging leader in the ASP industry so quickly, and his philosophy on how to build an ASP with a high ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . More information about the ITAA and the ASP Meeting and Networking Session can be found online on the ITAA's Web site at http://www.itaa.org/asp. About the Application Service Provider Industry The ASP industry has been compared to the Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ) industry in the early 1990s. It is expected to grow explosively within the next three years. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. International Data Corp., corporate spending on high-end outsourced applications, such as ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. and e-commerce, will grow from an estimated $150.4 million this year to $2 billion by 2003, at a compound annual growth rate of 91%. This represents only high-end applications, and doesn't take into account the majority of software applications currently used by most businesses. According to the Gartner Group (company) Gartner Group - One of the biggest IT industry research firms. Address: Connecticut, USA. , e-mail outsourcing alone could reach $2.56 billion annually by 2002. The ASP industry is growing so quickly because it solves all of the major financial problems typically associated with high-end software applications. For the first time, even small and midsize businesses will be able to afford almost everything they need to streamline their operations, up to the most complex enterprise-wide software applications on the market. ASP software hosting allows companies to access applications that are stored on central servers. In the past, companies were forced to purchase one-time software product licenses that were either based on the number of seats or the size of the company. This presented a major problem, especially for small and midsize businesses that were not able to afford the significant up-front cost required to purchase the software. Additionally, companies then had to contract for the necessary professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. to implement those applications, including consulting and training services. About ebaseOne Corporation ebaseOne Corporation ( http://www.ebaseone.com ) is an emerging leader in the Application Service Provider (ASP) market for small and midsize businesses (SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. ). The company provides an integrated and comprehensive solution of leading packaged software applications hosted in a "Fortune 100" class data center with 24-hour monitoring and customer service for a flat monthly fee. ebaseOne's mission is to provide a total IT solution that enables small and midsize businesses to focus on their core business. Led by a senior management team with years of experience in the technology and technology management industry, ebaseOne is headquartered in Houston and can be reached at 713/975-8700 or via its Web site at http://www.ebaseOne.com. The statements made by ebaseOne may be forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Merger Communications (Merger) is a media relations firm employed by the Company. The statements and opinions presented here represent the views of the Company, not Merger, as the release is based on information provided by the Company. Merger's compensation for its media relations services, including preparation of press releases, consists of a monthly retainer and warrants for the purchase of the Company's stock. Merger and its employees may have a long position in the securities of the companies in which it distributes information to the media, and Merger may be buying or selling securities in the course of its regular business. |
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