Computron Announces ASP Offering.RUTHERFORD, N.J.--(BUSINESS WIRE)--Sept. 8, 1999-- Enterprise Products Available in Latest Web-hosted Model Computron Software, Inc. (AMEX AMEX See: American Stock Exchange : CFW CFW Custom Firmware CFW Call Forward CFW Cystic Fibrosis Worldwide CFW Cache Fast Write CFW Citizens for Florida's Waterways CFW Center for Writing (education) CFW Continuous Fillet Weld (engineering) ), a leading global provider of business process automation and back office financial management software, today announced the availability of all its product suites in a web-hosted format. Computron's announcement of its capabilities as an Application Service Provider (ASP) comes on the heels of its statement regarding the vendor's e-commerce strategy. "Computron clients and prospects are finding the web-based `pay-as-you-go' pricing model very attractive and like the fact that it reduces pressures on their organization," said John Rade John Rade, (born August 31, 1960, in Ceres, California) was a linebacker in the NFL from 1983 to 1991. , 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 president of Computron Software. "Current industry analysts' forecasts predict that this market will rise to $2 billion by 2002 and Computron is committed to getting its fair share of it." Offering these products in a web-hosted format targets those companies that wish to take advantage of Computron's world class applications without an investment in any additional infrastructure and/or resources. It brings to bear all the advantages of Computron's existing software with minimal risk and expenditure while positioning organizations to take advantage of Computron's Internet Transaction Processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. (ITP ITP - Intent to Package ) and Internet Knowledge Processing (IKP IKP Institut für Kernphysik (Institute for Nuclear Physics) IKP Institut für Körperzentrierte Psychotherapie (Switzerland) IKP Icici Knowledge Park (Hyderabad, India) ) solutions. Computron's solutions are well suited to the ASP space, making this the logical evolution of applications that have long been used successfully in a shared services shared services, n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them. environment by Computron's worldwide client base. Computron's role as an ASP will follow a two-dimensional model. The first dimension will be the simple hosting of any of its suite of products for use by organizations on a subscription basis. Accessible via 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. and the Internet, organizations will be able to leverage the powerful processing and information repository An information repository is an easy to deploy secondary tier of data storage that can comprise multiple, networked data storage technologies running on diverse operating systems, where data that no longer needs to be in primary storage is protected, classified according to captured of the Computron applications with all the security of an in-house maintained system without incurring related in-house resource and infrastructure maintenance costs. The second dimension is an extension of the Computron ASP model to other hosting sources as complementary solutions to the existing or planned ASP offerings of those hosts. With the expected increase in the depth and breadth of the application-hosted market, Computron will be well positioned to take its place as an integral piece of comprehensive, vertical business solutions. "While Computron has been very successful with its vended offerings and will continue to offer this traditional model to the marketplace, the availability of the web-hosted and the extended ASP model allows our solutions to reach a greater share of the market going forward," said Rade. "We are in the final stages of selecting our partners for hosting (ASP) and for broader, vertical solutions (BSP BSP Bromsulphalein, a dye used in the study of liver function. See also sulfobromophthalein clearance test. )." Background Information on Computron Software, Inc. Founded in 1978, Computron Software, Inc. (AMEX: CFW) is a global provider of application software solutions for business and finance. Used by more than 500 companies worldwide, these solutions automate business processes across the enterprise and provide competitive advantage through the exploitation of financial knowledge. For further information on Computron, its products, services, and customers, visit the Computron web site at http://www.computronsoftware.com. This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's documents and reports filed from time to time with the Securities and Exchange Commission. Computron is a registered trademark of Computron Software, Inc. All other companies and product names are trademarks or registered trademarks of their respective companies. |
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