Computer Horizons Launches eB Networks, Inc.; eB Networks NetSpeed -- Building Strategic Electronic Business Networks.MOUNTAIN LAKES, N.J.--(BUSINESS WIRE)--Nov. 4, 1999-- Computer Horizons Corp. (Nasdaq:CHRZ) today announced the launch of its Network Services Division (formerly RPM (1) (Revolutions Per Minute) With electric and electronics devices, RPM measures the rotational speed of the motor's spindle. Floppy disks rotate at 300 RPM, while hard disks rotate from 3,000 to 15,000 RPM. Consulting) as eB Networks, Inc. As part of its e-Solutions initiative, CHC CHC Chicago Cubs CHC Community Health Center CHC Chestnut Hill College (Philadelphia, Pennsylvania) CHC Congressional Hispanic Caucus CHC Community Health Council (UK National Health Service) is positioning eB Networks as a stand-alone corporation. The new corporate identity reflects the Network Services Division's development into a full-service enabler of e-Business-ready infrastructures. eB Networks has leveraged its core technical and strategic business expertise, along with its phased delivery methodology, eB Networks Accelerate, to offer an array of services for e-Business readiness. eB Networks will specialize in rapidly moving clients to positions of e-Business leadership in their respective markets. John Cassese, Chairman, President and 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 Computer Horizons notes: "Among most competitive businesses today, some level of e-Business competence is a given. But what will distinguish the market leaders of tomorrow is how rapidly they move to the newest horizon of e-Business competitiveness. The mission of eB Networks is to help clients map and follow a strategic path for quickly reaching this goal." "We're excited about our future as an e-Business readiness provider," comments Lenard Berger, President of eB Networks. "Our company has a history of successful, large-scale e-Business infrastructure engagements. Based on this solid experience, eB Networks is uniquely qualified to help clients move quickly from a tactical to a strategic network that will support the e-Business model. Our approach, eB Networks NetSpeed, gets them there first." Headquartered in Columbia, Md., eB Networks, Inc. specializes in the architecture, management, security, and implementation of strategic network infrastructures to support e-Business. Its staff of over 200 professionals have been providing tactical and strategic internetworking expertise to Fortune 1000 clients for nearly a decade. This industry-recognized expertise is augmented by Computer Horizons' strengths in application development, legacy systems, and operations. Visit eB Networks at www.ebnetworks.com. Computer Horizons Corp. is a strategic IT services supplier with over 3,700 billable consultants and 55 offices worldwide. The Company enables its Global 1000 customer base to realize competitive advantages through two major divisions, the E-Solutions Group and IT Services Division. Combined, Computer Horizons' provides enterprise application services See ASP and Web services. , e-business solutions, customized Web development and Web enablement of strategic applications, Customer Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), network services, strategic outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. and managed resourcing, as well as a best-of-breed selection of software and relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. products. For more information on Computer Horizons, please visit our Web site at www.computerhorizons.com. This press release includes certain "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. " for purposes of the "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. " provisions 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 that involves risks and uncertainties that could cause actual results to differ materially. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of Computer Horizons' industry and competition. |
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