CitX and Adelphia Business Solutions to Build World's First Dedicated Business to Business E-Commerce Infrastructure.QUAKERTOWN, Pa.--(BUSINESS WIRE)--July 26, 1999-- Secure Communications Infrastructure and Hosting Facilities to Serve Emerging Internet-based e-Business and e-Health Markets CitX Corporation, a global leader in secure Internet/ Intranet e-Commerce / e-Business solutions, and Adelphia Communications Corporation (Nasdaq: ADLAC), a national leader in state-of-the-art cable and telecommunications services, today jointly announced a strategic partnership to build the first Internet-based communications infrastructure and products designed specifically for businesses and healthcare professionals to conduct secure business-to-business electronic commerce. Specialized data communication and e-commerce products from both companies will be combined together and marketed to targeted business sectors including healthcare, insurance, banking/finance, government manufacturing, and education. "Together we will build 'Internet 3,' the most secure, reliable, and scalable integrated communications infrastructure and e-commerce platform for business and healthcare professionals. This platform is being designed to be utilized for all aspects of e-business, 24 hours a day, anywhere on this planet-simply with 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. ," said Bernie Roemmele, 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. of CitX Corporation. "To effectively conduct B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. , businesses, physicians, hospitals, and other entities require secure data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. networks, and enterprise compatibility with guaranteed security and reliability -- far exceeding what a typical 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. , ASP or online service can offer. We are confident that our combined expertise and resources will allow us to successfully build and deploy a dedicated nation-wide B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business infrastructure to facilitate secure and reliable e-Business and e-Health solutions." The partnership will initially focus on the healthcare market to provide physicians, hospitals, insurance companies and other related healthcare entities with reliable and secure integrated data communications, high-speed Internet/Intranet access, e-commerce services, Web-based e-Health solutions, and vertical B2B Portals. Deployment of new products and services for the healthcare sector will be lead by CitX's subsidiary, IntraMedX Corporation. CitX and Adelphia will also focus on delivering integrated communication services as well as, sophisticated e-Business and vertical Portal A Web site that provides news, articles and services to a particular industry such as IT, finance and retail. It is the industry-specific equivalent of the general-purpose portal on the Web. Also called a "vortal." See portal, corporate portal, business intelligence portal and Web hub. solutions for industrial parks and professional office complexes. Additionally, Adelphia will install redundant high-speed OC12 fiber-optic facilities at the CitX Quakertown Data Center, enabling the partners to deploy integrated Internet / Intranet and business-to-business e-Commerce services to clients via, analog -dialup, ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line , T1 or T3 circuits. "We are excited about the opportunities Adelphia's partnership with CitX offers," said Robert Guth, regional vice president of the Mid-Atlantic North region for Adelphia Business Solutions. "The dedicated infrastructure we are building is unrivalled and will allow many of our business customers to receive E-Commerce services reliability and security that is unsurpassed in the industry." CitX has also formed strategic relationships with Redix, NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers Corp., Priority One ECC (1) (Error-Correcting Code) A type of memory that corrects errors on the fly. See ECC memory. (2) (Elliptic Curve Cryptography) A public key cryptography method that provides fast decryption and digital signature processing. , Bell Atlantic, Inhouse, Hyperion Communications, Zonics, Baltimore Technologies Baltimore Technologies was an internet security firm founded in 1976 by Michael Purser. It was acquired in 1996 by a team financed by Dermot Desmond and led by Fran Rooney, who became CEO. , and others to effectively deploy secure Internet-based, Business-to-Business Electronic Commerce, Community-Centric Portals, and Web-hosted software applications for small businesses as well as the corporate enterprise. About Adelphia Adelphia is one of the nation's largest cable television providers. The company offers its own brand of programming options, high-speed Internet See broadband. access, telephone service, personal paging and home security service. Through its subsidiary Aldelphia Business Solutions, Adelphia provides integrated communication services to business customers\through its state-of-the-art fiber optic network. In the year 2000, Adelphia Business Solutions will serve most cities in the eastern 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. , by creating a 16,000 mile, fiber optic backbone network A backbone network provides a path for the exchange of information between different LANs or subnetworks.[1] A backbone can tie together diverse networks in the same building, in different buildings in a campus environment, or over wide areas. . This fully redundant, local and long-haul network will support Adelphia Business Solutions' full line of communication services offerings, including local and long distance voice services, messaging, high-speed data and Internet services. For more information visit Adelphia's web site at www.adelphia.net About CitX CitX Corporation is a privately held Internet e-Commerce / e-Business company that develops and markets integrated B2B (Business-to-Business) and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. (Business-to-Consumer) solutions for application across many vertical industries and markets. CitX core competencies are in the development and deployment of scalable enterprise-wide e-Commerce solutions, Web-based platforms to enable running software in a centralized, thin-server-based environment, and integrated vertical B2B Portal platforms, delivered via the Internet, and Intranets. Services include Internet-based Electronic Payment Collection/Disbursement Services, Integrated Bill Presentment See EBPP. Services, Electronic Messaging See e-mail and messaging system. , Automated Procurement/Order Fulfillment Platforms, Middleware Enterprise Crosswalks, Secure International Transaction Processing Services, Web-based B2B Platform Monitoring Services, EC-Enabled Vertical Auction Platforms, Vertical B2B Portal Platforms, and Web-based Business-Centric Software Application Platforms across the healthcare, insurance, banking/finance, legal and retail/wholesale-trade industries. IntraMedX Corporation is a subsidiary of CitX that provides subscription-based integrated Web-Hosted e-Business Solutions including Practice/Patient Management, Automated Insurance Eligibility/Claims Processing, Electronic Medical Records, and other sophisticated e-Commerce services delivered via the Internet for the healthcare sector. IntraMedX operates HCSIN, an Internet-based private healthcare network that connects physicians, healthcare professionals, hospitals, payers, laboratories and other healthcare entities to a virtual world of healthcare, fitness, medical information, services, and tools. HCSIN currently services more than 50,000 healthcare providers. For more information, contact CitX Corporation at 215-538-3535, by email at info@citx.net, or visit the CitX Web Site at http://www.citx.net. Note Except for historical information contained herein, the matters discussed in this release are forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the risks of dependence upon third-party suppliers, impact and success of joint development projects and industry partnerships, timely availability, and market acceptance of new products, the impact of competitive products, general market conditions, and other risks detailed in the Company's Securities and Exchange Commission filings. |
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