Critical Path Hosted Messaging Wins Award for Market Leadership; Industry Consortium Recognizes Breadth of Successful Deployments.Business Editors/High-Tech Writers ITU (International Telecommunication Union, Geneva, Switzerland, www.itu.ch) A telecommunications standards body that is under the auspices of the United Nations. Comprising more than 185 member countries, the ITU sets standards for global telecom networks. TELECOM WORLD 2003 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 & GENEVA--(BUSINESS WIRE)--Oct. 13, 2003 Critical Path, Inc. (Nasdaq:CPTH), a leader in digital communications Transmitting text, voice and video in binary form. See communications. software and services, announced that its Hosted Messaging service has been recognized by the Swiss Application Service Provider Consortium for its "breadth, maturity, and successful implementations." The Consortium commended Critical Path for having the largest installed base as represented by number of implementations and number of users. The "1. Swiss 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). " award was recently presented at the Orbit/Comdex 2003 Fair in Basel, Switzerland to outstanding enterprise solutions that are delivered through online and Web-based services in Switzerland. Critical Path won for its highly scalable messaging platform that enables carriers, service providers, government agencies, and enterprises to rapidly and cost-effectively deliver messaging services to consumers and business users throughout the world. "Critical Path is honored to have our Hosted Messaging service recognized by this award," said Tracy Currie cur·rie n. Variant of curry2. , executive vice president and general manager of hosted services for Critical Path. "It reflects our commitment to offering the industry's broadest range of functionality combined with the lowest cost of ownership for messaging." Critical Path pioneered the Hosted Messaging category with its launch in 1997 and provides mail services for millions of users around the world. In April 2003, Critical Path launched its next-generation hosted service with HP based on Critical Path's Communications Platform for service providers and large enterprises. T-Mobile and Virgin.net are among the first new customers of this service with advanced mobility and collaboration features for consumers and businesses. Critical Path enables service providers and large enterprises to dramatically reduce the cost of providing messaging applications to both consumers and businesses. Critical Path's platform also enables service providers to drive revenues through its premium messaging services. Additional information is available at www.criticalpath.net. About Critical Path, Inc. Critical Path, Inc. (Nasdaq:CPTH) is a global leader in digital communications software and services. The company provides messaging solutions -- from wireless, secure and unified messaging Having access to e-mail, voice mail and faxes via a common computer application or by telephone. For example, unified messaging may send faxes and digitized voice mail to a mail server that turns them into e-mail attachments. to basic email and personal information management -- as well as identity management solutions that simplify user profile management and strengthen information security. The standards-based Critical Path Communications Platform, built to perform reliably at the scale of public networks, delivers the industry's lowest total cost of ownership for messaging solutions and lays a solid foundation for next-generation communications services. Solutions are available on a hosted or licensed basis. Critical Path's customers include more than 700 enterprises, 200 carriers and service providers, eight national postal authorities A postal authority organises collection and delivery of domestic mail (US), or post (UK), within its area of control, or in the case of foreign mail, delivery to or receipt of mail from other postal authorities. Payment for the service has been performed in many ways. and 35 government agencies. Critical Path is headquartered in San Francisco. More information can be found at www.criticalpath.net. 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. : This press release contains forward-looking statements by the Company and its executives regarding the performance, security, scalability and interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. of our product and service offerings, the ability of our customers to achieve cost savings in the provision of services, industry trends, market and customer requirements, the ability of our products and services to meet the business needs of our customers, the market for products and services like ours and the performance of our senior management in achieving strategic goals. The words and expressions "look forward to," "will," "expect," "plan," "believe," "seek," "strive for," "anticipate," hope," "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, 2002,and Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the fiscal quarters ended March 31 and June 30, 2003, as may be 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. from time to time, and all subsequent filings with the Securities and Exchange Commission (www.sec.gov). The company makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or after the date any such statement is made. 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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