Critical Path Helps National City Corporation Improve Dealer Communication With Hosted Email Services.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Aug. 9, 2001 Leading Financial Institution Leverages Critical Path's Hosted Messaging To Quickly Deliver More than 4,000 Email Accounts email account email n → compte m (e-)mail To Participants In New EzDealer.Net Service Critical Path, Inc. (Nasdaq:CPTH), a global leader in messaging and directory infrastructure, today announced National City Corporation (NYSE NYSE See: New York Stock Exchange :NCC NCC See National Clearing Corporation (NCC). ) implemented Critical Path's hosted messaging service in June of 2001 to link more than 4,000 dealer participants in its new EzDealer.Net service. By choosing Critical Path, National City is offering its dealers with a branded Web-based email Web-based email or webmail is a term referring to an e-mail service intended to be primarily accessed via a web browser, as opposed to through an application such as Microsoft Outlook or Outlook Express, Mozilla's Thunderbird or Apple's Mail. service that has the reliability, security and scalability to meet business communication demands at a low and predictable monthly cost. Rather than incur the expense of purchasing the messaging infrastructure and dedicating valuable internal IT resources to support an in-house messaging system Software that provides an electronic mail delivery system. It is made up of the following functional components, which may be packaged together or independently. Mail User Agent , National City selected Critical Path to lower its total cost of ownership and increase its speed to market with this service. Like many companies today, National City was faced with the need to more effectively communicate with a growing audience of constituents in disparate locations. The company created EzDealer.Net as an exclusive business-to-business communications Web site to improve communication between dealers and National City by providing an effective means to distribute company information such as training materials, bulletins, rate sheets, and other business information to over 4000 dealers located in 10 states. As part of this new service, National City turned to Critical Path to provide each dealer with a branded EzDealer.Net email account so that dealers can better serve their customers with timely and accurate information about National City's products and services. Prior to the use of Critical Path's hosted messaging services, individual dealers used their own personal email accounts, which lacked the security and reliability necessary for mission critical communications. National City will also use the dealers' EzDealer.Net email accounts to enhance communication with dealers by providing regular updates on program changes, rates, and other important announcements via email. "Leveraging Critical Path's hosted messaging service ensures that National City dealers stay connected to the information they need to maintain maximum productivity," said Mark Dubis, vice president, National City's Dealer Finance. "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. our messaging needs to Critical Path has saved us valuable IT resources and lowered our operational risk by leveraging the proven technological expertise, always-on reliability and security Critical Path delivers. The bottom line is that we have achieved an effective streamlining in the communication process with our dealers." National City is leading the growing trend among corporations to outsource all or part of their Internet messaging needs to free themselves from the burden and expense of managing their own messaging solutions and focus on their core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
"National City is a perfect example of why we expect hosted messaging will play an increasingly important role in successful eBusiness," said Sue Barsamian, Senior Vice President of Product Marketing at Critical Path. "As businesses look to improve competitiveness, they seek new ways of improving communication with external partners, boundary, branch and mobile workers. We believe our relationship with National City sends a strong message to companies worldwide that hosted messaging should be a key component of an overall communications strategy." About National City National City Corporation is a $91 billion financial holding company headquartered in Cleveland. Through its subsidiaries, the company provides a full range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. including investment banking and traditional banking services to individuals and businesses, including commercial and retail banking, consumer finance, asset management, mortgage financing and servicing and item processing. National City has offices in Ohio, Pennsylvania, Indiana, Kentucky, Illinois and Michigan. National City can be found on the World Wide Web at http://www.nationalcity.com. About Critical Path, Inc. Critical Path Inc. (Nasdaq:CPTH) is a leading provider of communications solutions for Wireless carriers, Service Providers and Corporations through its integrated platform of messaging applications and directory infrastructure. Critical Path is headquartered 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 throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia and 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. . More information on Critical Path can be found at http://www.cp.net/. Forward Looking Statements This press release contains 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. by the Company and others regarding expected future business and financial performance, including the Company's statements regarding endorsements of our product and services offerings by our customers, our belief as to the ability of our products to ensure performance, security, scalability and reliability and the market for outsourced services like ours. The words "will," "expect," "plan," "believe," "seek," "anticipate," "estimate" and similar expressions are intended to identify the Company's forward-looking statements. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, our evolving business strategy and the emerging and changing nature of the market for our products and services, our ability to deliver on our sales objectives, the ability of our technology and our competitors' technologies to address customer demands, changes in economic and market conditions, unplanned system interruptions and capacity constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. , software and service design defects. These and other risks and uncertainties are described in more detail in the Company's filings with the U.S Securities and Exchange Commission (www.sec.gov) made from time to time, including Critical Path's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 2000, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and the Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. for the quarters ended June 30, 2001 and March 30, 2001, both as may be amended from time to time. 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. |
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