Corio and Microsoft to Launch ASP Solutions On the Microsoft 2000 Platform; Strategic Relationship Focused on Emerging ASP Market.Business/High Tech Editors REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--Jan. 10, 2000 Corio, Inc., the leading application service provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ), announced today a broad working relationship with Microsoft Corp. to pool research and development resources to incorporate Microsoft products into Corio's portfolio of hosted applications. The agreement will enable customers to enjoy the benefits of Microsoft's best-of-breed applications delivered on Corio's Intelligent Enterprise(TM) (CIE (Commission Internationale de l'Eclairage, International Commission on Illumination, Vienna, Austria, www.cie.co.at) An international organization that sets standards for all aspects of lighting and illumination, including colorimetry, photometry and the measurement of visible and ) platform. Corio will host enterprise applications from current Corio partners Commerce One and Siebel Systems Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications. on the Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. platform, including Windows 2000 Server and SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. . Corio will also have access to Microsoft's sales channel to drive joint sales and marketing activities across the U.S. To emphasize the strategic nature of the relationship, Microsoft has taken a $10 million equity stake in Corio. "Corio's relationship with Microsoft is a win for both companies, as well as for Corio customers," said Jonathan Lee, founder and chief strategy officer of Corio. "The quality and breadth of the Microsoft platform expands Corio's full-service ASP model so that customers can enjoy the benefits of the Windows-based solutions they have been asking for." "Microsoft is committed to helping ensure the long-term success of the ASP industry, and our strategic relationship with Corio is evidence of that commitment," said Thomas Koll, vice president, Network Solutions Group, Microsoft. "By incorporating Microsoft products and platforms with the portfolio of Corio services, Corio is well positioned to provide new, exciting enterprise level services to a broad range of customers." As part of the agreement, Corio and Microsoft will build a joint development lab in the Silicon Valley to work together on the hosting and deployment architecture using the Microsoft Windows DNA platform, including Windows 2000 Server, SQL Server, BizTalk Server Software from Microsoft that provides integration between business processes within an enterprise and between different organizations. BizTalk Server uses protocol implementations called "adapters" to communicate with applications and includes built-in adapters and a framework for and Applications Center Server to deliver enterprise solutions to customers. Microsoft products are available to Corio immediately, and the companies will work together to market and sell the Windows 2000-based services direct, via the Web and through the channel. In addition to shared research and development efforts, Microsoft and Corio have agreed to create joint intelligence about the marketplace, CIE application hosting services, Microsoft software, new product development and customer satisfaction. About Corio, Inc. Corio, Inc. is the leading enterprise application service provider (ASP) for high-growth companies. Corio enables eBusiness by offering integrated application solutions over a secure network for a monthly fee. Corio's integrated suite features BroadVision, Cognos, Commerce One, E.Piphany, Microsoft, PeopleSoft and Siebel Systems applications. Customers immediately gain the benefits of a comprehensive eBusiness infrastructure without bringing the associated costs, complexity and IT challenges in-house. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , Corio is headquartered in Redwood City, Calif., with 15 offices across the U.S. Additional information about Corio is available at http://www.corio.com. Corio and Corio Intelligent Enterprise are trademarks of Corio, Inc. All other product and company names mentioned herein may be the trademarks of their respective owners. |
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