Critical Path Delivers Internet Messaging Infrastructure Solutions to Exploding Latin American Market.Business Editors/High-Tech Writers SAO Sa´o n. 1. (Zool.) Any marine annelid of the genus Hyalinæcia, especially H. tubicola of Europe, which inhabits a transparent movable tube resembling a quill in color and texture. PAULO, Brazil--(BUSINESS WIRE)--Nov. 30, 2000 Critical Path Inc. (Nasdaq:CPTH), the leading provider of Internet messaging infrastructure, today announced it has expanded its presence in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. to meet the increasing eBusiness demands of Latin American companies. Through its complete portfolio of messaging infrastructure solutions and its allsourcing strategy, Critical Path is enabling Latin American businesses to achieve their eBusiness objectives by providing them the flexibility to outsource, midsource or insource all or part of their Internet messaging infrastructure needs. Critical Path's expanded presence in Latin America includes new offices in Brazil and Argentina, in-country sales, support and engineering teams, and resellers throughout the region. This commitment of resources is enabling Critical Path to address the unique business, cultural and linguistic demands of the exploding Latin America market, which IDC estimates will grow from 8.7 million Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f in 1999 to 29 million in 2003, and will grow to include e-commerce revenues of $15 billion in 2003. By providing scalable, reliable and secure messaging services, Critical Path has quickly become the Internet messaging infrastructure provider of choice in Latin America, with leading Brazilian businesses and service providers among its growing roster of customers including Universo Online UOL (Bovespa UOLL4), once known as Universo Online, is a Brazilian online service provider and internet service provider. It is the leader in Latin America and the homepage portal is the biggest in the Portuguese speaking world. , Zip.Net Globo.com and AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Latin America. Critical Path provides a comprehensive portfolio of Internet messaging infrastructure solutions such as email, calendaring, secure file services, directory services and wireless access to businesses worldwide. Critical Path's allsource strategy allows companies to completely outsource their entire messaging infrastructure to Critical Path, selectively outsource specific services, deemed midsourcing, or implement Critical Path's solutions in-house, also known as insourcing (1) Doing work with inhouse employees. Contrast with outsourcing. (2) Creating jobs in your country by an organization that is foreign owned. Contrast with outsourcing. . Through Critical Path's allsource stragety, companies are able to leverage the most secure, comprehensive and integrated platform of messaging services available, enabling them to effectively add new messaging services for their customers, and achieve their eBusiness objectives. "With our full range of solutions localized Translated into the spoken language of the country. See localization. in Spanish and Portuguese, along with in-country sales, service, support and engineering, Critical Path is providing the messaging infrastructure that is fueling the eBusiness explosion in Latin America," said Dave Thatcher Thatch·er , Margaret Hilda. Baroness. Born 1925. British Conservative politician who served as prime minister (1979-1990). Her administration was marked by anti-inflationary measures, a brief war in the Falkland Islands (1982), and the passage of a , president of Critical Path. "Critical Path is able to meet the unique communication, linguistic and cultural needs of Latin American businesses with the most secure, comprehensive and integrated platform of messaging and collaboration services available." About Critical Path, Inc. Critical Path Inc. (Nasdaq:CPTH) ingnites the power of information for eBusiness by providing the Internet messaging infrastructure upon which the new economy is built. The company is a single resource that powers the flow of mission-critical information through an integrated portfolio of secure messaging, directory, data integration and collaboration solutions. Critical Path's technology strengthens all aspects of the eBusiness value chain by providing the messaging infrastructure that fuels customer's new and existing eBusiness initiatives. Critical Path is headquarted in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , with offices worldwide. More information on Critical Path can be found at www.cp.net Note to Editors: Critical Path and the Critical Path logo are the trademarks of Critical Path, Inc. All other trademarks are the property of their holders. The statements in this press release relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc matters that are not historical are 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. . Actual results could differ materially from these forward-looking statements. Risks and uncertainties facing Critical Path are described in its prospectus dated June 1, 1999 and with its periodic filings with the Securities and Exchange Commission (www.sec.gov). |
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