Critical Path Named World's Best-managed, Fastest Growing Tech Company by Forbes ASAP.Business Editors and Technology Writers NOTE TO EDITORS: In the company name E*TRADE noted in this news release, there is an asterisk (1) See Asterisk PBX. (2) In programming, the asterisk or "star" symbol (*) means multiplication. For example, 10 * 7 means 10 multiplied by 7. The * is also a key on computer keypads for entering expressions using multiplication. between E and TRADE. This symbol may not appear properly in some systems. SAN FRANCISCO--(BUSINESS WIRE)--April 11, 2000 Internet Messaging Leader Takes Top Spot In First Annual Forbes ASAP (chat) asap - As soon as possible. Ranking Of Technology, Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. And Biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. Companies Critical Path Inc. (Nasdaq:CPTH), the dominant global provider of business-to-business Internet messaging and collaboration solutions, today announced it has been named the world's best-managed and fastest growing tech company by Forbes ASAP. Forbes ASAP chose Critical Path from a comprehensive list of the fastest-growing technology, telecommunications and biotech companies in the world, based on year-over-year growth. To narrow the list down to 20 firms, Forbes ASAP asked almost 200 analysts to help rate the 100 fastest growers based on four factors: management, finances, market opportunity and competitive position. Forbes ASAP then combined those scores with a score based on each company's growth rate and, in the end, they had 20 of the fast-growing firms that achieved the highest scores. Critical Path's explosive revenue growth for 1999, up 1,701 percent from 1998 revenue, demonstrates its clear leadership position in the Internet messaging and collaboration services market. In addition to this financial success, Critical Path has expanded its services well beyond traditional email and is now delivering on the company's allsourcing strategy, which enables its customers to insource, midsource or outsource part or all of their Internet messaging and collaboration needs. This unique market approach has further positioned Critical Path ahead of the competition by providing the ultimate in flexibility for today's businesses Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. and has established Critical Path as the dominant global provider of advanced Internet messaging and collaboration solutions. "Being ranked as the best-managed, fastest growing tech company in the world by Forbes ASAP provides further validation that Critical Path is successfully addressing the increasingly complex communication demands of businesses worldwide," said Doug Hickey, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Critical Path. "Critical Path's combination of industry leading technology aligned with dedicated employees, strong customer relationships and strategic partnerships has enabled Critical Path to deliver the most secure, reliable, scalable and comprehensive platforms for Internet messaging and collaboration services available today." About Critical Path, Inc. Critical Path, Inc. (Nasdaq:CPTH) is the dominant global provider of complete end-to-end Internet messaging and collaboration solutions for wireless, Internet-centric, telecommunication and corporate businesses. Through its allsourcing strategy, Critical Path is the only advanced messaging provider to offer businesses the flexibility to outsource, midsource or insource all or part of their messaging and collaboration applications. Critical Path has built an industry-leading global infrastructure with data centers connected to key Internet exchange points See IXP and NAP. . Critical Path's technology currently reaches more than 55 million end-users through its customer relationships and more than 20 million wireless devices. Critical Path provides reliable, secure, and scalable e-mail and a flexible suite of enhanced messaging services Abbreviated as EMS, an application-level extension to Short Message Service (SMS) for cellular phones available on GSM, TDMA and CDMA networks. An EMS enabled mobile phone can send and receive messages that have special text formatting (such as bold or italic), animations, to partners such as E*TRADE, CompuServe, Network Solutions, US West, Sprint, France Telecom, British Telecommunications, and ICQ ("I Seek You") A conferencing program for the Internet from Mirabilis, Tel Aviv, Israel (www.icq.com). It provides interactive chat, e-mail and file transfer and can alert you when someone on your predefined list has also come online. . 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 in locations nationwide and in Germany, England, Ireland, France, Denmark, Italy, Switzerland, Brazil and Argentina. More information on Critical Path can be found at www.cp.net. 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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