Critical Path Joins Forces With EMC to Deliver Advanced Messaging Solutions to Carriers and Enterprises.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Aug. 6, 2002 Market Leaders Enter into Global Marketing Alliance to Offer Customers Unprecedented Scalability, Availability and Performance at the Lowest TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. Critical Path (Nasdaq:CPTH), a global leader in Internet communications, announced today a global agreement with EMC Corporation EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA. (NYSE NYSE See: New York Stock Exchange :EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. ), the world leader in information storage systems, software, networks and services, to cooperatively market advanced messaging solutions to leading carriers and enterprises around the world. The companies will initially offer a preconfigured Set up ahead of time. It implies that the device or software application has been modified to suit the customer or situation. See ghosting server. , integrated solution along with tools and methodologies to support easy migration from other messaging systems 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 . The advanced messaging solution will combine Critical Path's messaging and identity management technology with EMC's information storage systems and software to offer customers unprecedented scalability, availability and performance as well as the lowest total-cost-of-ownership (TCO) of any messaging solution available. Storage management, replication, back-up and recovery software from EMC greatly enhance this offering by enabling customers to harness the value of their information and access it regardless of source or destination. As part of the cooperative agreement, Critical Path and EMC will work together to propose additional solutions that utilize each company's unique assets. "Teaming with leaders in the telecommunications market helps EMC better understand our customer requirements," said Bill Nelson, EMC's senior vice president, telecommunications, media, and entertainment group. "We're working with Critical Path to combine its leading messaging software with our leading information storage systems and software into a solution that will provide customers with unprecedented performance." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Patricia Hume, senior vice president of partners and channels for Critical Path, "There are tremendous synergies between Critical Path and EMC, including a significant number of joint customers today. We view EMC as a very strategic partner whose technology is core to our business, and to our customers' businesses, and we look forward to working with EMC as we continue to enhance and extend the solutions we provide to global enterprises and carriers." In addition to this agreement, Critical Path will enhance the information storage infrastructure of its hosted messaging business, which will reduce operating costs operating costs npl → gastos mpl operacionales and improve service and efficiency. "Critical Path and EMC have successfully partnered in the past to provide storage solutions for our hosted messaging business," said Laurie Priddy, executive vice president of operations and general manager, hosted messaging, Critical Path. "We're excited by the possibilities offered by EMC's leading business continuity functionality, which focuses on advanced management and replication as well as a reduction in operating costs." About Critical Path, Inc. Critical Path, Inc. (Nasdaq:CPTH) delivers software and services that maximize the value of Internet communications. The company provides messaging and collaboration 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. Critical Path's customers include more than 700 enterprises, 190 carriers and service providers, eight national postal authorities and 35 government agencies. 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 www.cp.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 endorsements of our product and service offerings by our customers and partners, the performance, scalability and interoperability of our product and service offerings, industry trends, market and customer requirements and the ability of our products and services to meet the business needs of our customers, and the market for products and services like ours. The words and expressions "look forward to," "will," "expect," "plan," "believe," "seek," "strive for," "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, 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, 2001, and the Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended March 30, 2002, 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. EMC is a registered trademark of EMC Corporation. All other trademarks are the property of their holders. |
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